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Tag: bob chapek

“We Dramatically Underestimated the Hungry Beast” — See Disney CEO Bob Chapek’s Comments on Disney+

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Disney+ has seen some BIG success when it comes to subscriber numbers, but the service is still requiring a lot of investment and is LOSING money.

©Disney

Though some have become a bit weary of the streaming world in general, especially after Netflix experienced streaming struggles, Disney has continued to announce shows for the platform and send what could be BIG films directly to the streaming service (skipping traditional theatrical releases in some cases). So what’s going on with Disney+ and what is Disney’s plan moving forward? An interview with Bob Chapek has given us some insight.

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Bob Chapek To Speak At Upcoming Media and Technology Conference

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You may have seen Bob Chapek’s name in the news often lately.

Bob Chapek

Bob Chapek is The Walt Disney Company’s current Chief Executive Officer (CEO), and we have recently discussed his comments on potential Disney Parks price increases, park pass reservations, and how many guests are actually purchasing Genie+. If you’re interested in hearing more about what Chapek has to say, soon we will be hearing a bit more from him, and here’s how you can join in on the conversation.

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Why Watching Disney+ Could Cost You MORE Soon

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If you want to buy new Disney merchandise, there are a few different ways to do it. You can visit a Disney park to find all kinds of items in gift shops, head to shopDisney (Disney’s official online store), or find Disney collections through other sites like Amazon. But soon there could be a NEW way to get the merchandise you want.

Merchandise in Disney World

Disney is working on a new system to link merchandise to its Disney+ streaming service. Some of that merchandise could even be exclusive to Disney+ subscribers. Learn more about this potential new system and when it could start here.

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Why Disney World Will Cost You THOUSANDS More in 2023

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A Disney World vacation might be one of the most magical experiences of your life…and it’s very likely that it’ll be one of the most expensive experiences, too. You’ll need to budget for a hotel room, park tickets, transportation, dining, and (of course) the all-important souvenirs.

Magic Kingdom

As demand for Disney World vacations has continued to increase, so have the prices. Unfortunately, Disney doesn’t set a cap on their prices — we’ve seen everything from snacks to park tickets to merchandise getting more expensive, and it looks like those increases will p on coming. Here are 6 ways your Disney vacation will cost MORE in 2023, and these changes could add up to THOUSANDS. [Read more…]

Genie+ CHANGES, Bob Chapek Comments on Price Increases, and More BIG Disney News

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Just when you thought you knew everything about the Disney Company, the parks, Genie+, and more…things change again!

Cinderella Castle

This week was a big one for Disney news. We got the release date and pricing for the ad-supported Disney+ tier, comments from Disney CEO Bob Chapek on potential price increases in the future, and so much more. Ready to dive into the latest Disney news? Let’s go!

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Disney CEO Bob Chapek Comments on Potential Price INCREASES in the Parks

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Feel like you’re spending MORE during each and every Disney trip? Well, you’re probably not wrong.

Bob Chapek

During the Q3 earnings call for 2022, Disney revealed that it increased revenue for the Parks, Experiences, and Products division by $4.3 BILLION compared to the same quarter in 2021. What led to the increase? A number of things, including higher guest spending. That higher guest spending in Q3 was due to higher average daily hotel room rates and Genie+ and Lightning Lanes. We’ve also seen increased prices for food and sneaky ticket price increases too. But could things in the parks be getting even MORE expensive soon?

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Disney Comments on Theme Park Crowd Levels, Says Demand Is “Resilient and Long-Lasting”

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Disney recently hosted its 3rd-quarter earnings call, in which it announced the current number of Disney+ subscribers, the pricing and release date for an ad-supported Disney+ tier, and the increase in revenue from the Disney parks. We also learned more about the current demand for Disney parks.

Crowds in Magic Kingdom

With the pandemic closures, Disney has seen some pent-up demand for its theme parks. People weren’t able to travel for a while, which meant that there was more demand once the parks finally did reopen. However, now the parks have been open for a long time, and we’ve still been seeing pretty big crowds in Disney World. Is this trend going to continue, or will we see demand level out? Disney CEO Bob Chapek and CFO Christine McCarthy commented on these questions. [Read more…]

50% of Visitors to Disney Theme Parks Purchase Pay-to-Ride System Genie+

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There have been some big announcements during the Walt Disney Company’s Q3 earnings call.

Bob Chapek

So far, we’ve learned that Disney Parks revenue has increased by $4.3 billion, Disney+ subscribers have risen, and the new ad-supported Disney+ subscription tier is launching this December. Details about Disney Genie+ have also been shared, and we have an update that may surprise you!

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NEWS: Disney CEO Bob Chapek Makes Statement on the Park Pass Reservation System

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Disney’s Park Pass Reservation System has been something of a sore spot for many guests.

Bob Chapek

Gone are the days of being able to waltz into the parks at your leisure. Now we’re left having to make our plans in advance. Disney held its third-quarter earnings call in August of 2022, and we found out all sorts of juicy information about Disney+ and the new ad-supported plan. Not only that, but we also heard from CEO Bob Chapek about the reservation system and what it means for the company.

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MagicBand+ Updates, Supply Issues, and More Disney News You Need to Know

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Buckle up friends, there are a lot of changes coming to Disney World soon and we’ve got ALL the details.

Magic Kingdom

A new car locator app feature is now LIVE, MagicBand+ is coming sooner than you know it, and a restaurant is being transformed in Disney World. There’s a lot going on and a lot to keep track of. But don’t worry! We’ve got everything you need to know about all the biggest Disney news stories from the last week right here!

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