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Tag: bob chapek

Even With Pay Cuts, Disney’s Top Executives Made MILLIONS in 2020

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2020 was a challenging year for many businesses and individuals all around the world.

A Peek at Disney World Now

When it comes to the Walt Disney Company, 2020 and the COVID-19 pandemic resulted in months where the theme parks were closed (Disneyland Paris is still closed at the moment), thousands of employees that were furloughed or laid off, and some big financial losses in the parks division. During 2020, some Disney executives also agreed to take some pay cuts — but did those pay cuts actually impact their salaries in a big way? We’re taking a look now.

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PHOTOS: Tour the MASSIVE Home of Disney’s CEO

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Disney characters sometimes get to live in some pretty neat houses.

©Realtor.com

Yep, we’re looking at you Cinderella. But they’re not the only ones who get to move into some special new digs in their stories. One Disney executive recently moved into a multi-million dollar new home and we’re checking out the house.

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Disney News Was All OVER The Place This Week. Here Are the 8 BIGGEST Updates You Missed!

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WOW. What a week it has been!

Disney California Adventure Park

We knew that this week was going to be pretty big with the start of A Touch of Disney at Disney California Adventure Park (giving guests the first time to truly roam the park in over a YEAR), but so much other news was also announced this week. We’ve got updates on Disneyland, Black Widow, an EPCOT restaurant, Disney Cruise Line, and SO MUCH MORE!

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Disney CEO Comments on the Future of the Reservation System and More

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When Disney World reopened last summer, much had changed about the parks.

Welcome to the Magic Kingdom

The parks introduced a new mask requirement for guests over 2 years of age (a policy that continues to evolve), temperature checks, social distancing, and limited capacity. Also, park pass reservations were required for entering the theme parks.

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What Does the Demand for the Disney Parks Look Like Now? CEO Comments.

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It’s been over a year since the Disney parks were closed due to the global health crisis.

Cinderella Castle

Now, the reopened theme parks are still operating at limited capacity, but those limits may grow as more people are vaccinated. Health concerns constituted a major drop in demand for travel, so how is a return to normal demand levels looking? 

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Avengers Campus Will Open at Disneyland “Later This Year,” According to CEO

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Earlier today, we learned about some major developments over at the Disneyland Resort! After the state of California announced that theme parks could reopen under the Red tier effective April 1st, Disney CEO Bob Chapek shared today that they’re hoping to have the Disneyland theme parks reopen sometime in late April!

©Disney Avengers Campus

While this is certainly exciting news for west coast fans, it left us wondering what the current status of Avengers Campus is and if we could expect this new land to open with the theme parks!

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NEWS: Disneyland Resort Aims to Reopen in Late April

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Disney’s Annual Meeting of Shareholders is currently taking place, and we’re hearing a ton of exciting news from the Company!

©Disney

Last week, the state of California announced that theme parks can reopen in the red tier at limited capacity, effective April 1st. In response, Bob Chapek has shared more information regarding the long-awaited reopening of the Disneyland Resort.

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NEWS: 20% of Disney Stores Closing as Company Shifts Focus to E-commerce

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Over the last year, Disney has shifted its business strategies in a handful of ways.

Disney Store

Last year, Disney CEO Bob Chapek shared that The Walt Disney Company would be shifting much of its business strategies onto direct-to-consumer segments, like streaming services. Now, another shift in business is taking place and it’s resulting in major closures.

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Disney CEO Comments on Theme Park “Operational Changes” and How He Feels About “Superhero Fatigue”

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We’ve got some important updates on the future of The Walt Disney Company.

Walt Disney Company Logo

We recently got a look into the future of the company at Disney’s virtual Investors Day. But now, we have even MORE information on Disney’s financial prospects, investments, growth, and more. Earlier today, Chief Executive Officer Bob Chapek participated in a question-and-answer session at the Morgan Stanley Technology, Media and Telecommunications Conference. Here’s everything we learned!

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Biggest Changes in Disney World Since The Reopening (And What They Mean For Your Trip)

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When Disney World reopened in July of 2020, there were some pretty MAJOR changes in place. These include mask mandates, physical distancing guidelines, the cancelation of fireworks, parades, and character meet and greets, and the temporary suspension of FastPass+ and the Disney Dining Plan, just to name a few (not to mention the parks reopened with a freshly-painted pink castle!).

Magic Kingdom

Since then, however, there have only been MORE big changes that could have major impacts on your upcoming Disney World vacation. Some of the guidelines that were in effect last summer are no longer the case in 2021 while others have changed since inception! Let’s take a look at some of the biggest changes in Disney World SINCE July 11th, 2020!

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