food IS a theme park
Disney has been recently criticized by fans for its “woke agenda” within the newest movies and shows.
©The Walt Disney Company
Critics have said Disney has crossed boundaries when it comes to topics in movies and that the company has strayed from its original vision of creating classic and beloved stories. Since his return, CEO Bob Iger has had a few comments on these criticisms including a new statement at the New York Times Dealbook Conference.
It’s been a year since Bob Iger returned to the Walt Disney Company to serve as CEO once more.
©Disney
His return followed a downward spiral on multiple fronts: revenue, park attendance, and creativity within the studios and production sites. Even two years after pandemic-related shut downs, the Company continued to suffer. Enter Iger. Disney fans and stakeholders alike hoped that the former CEO could turn this downward spiral into something hopeful. The final earnings call of fiscal 2023 shared the ways in which the company has changed and grown in the year that Iger has been back aboard. The question is… Was Iger successful in making the massive changes it would take to turn things around financially for the company?
Change is a big part of the Walt Disney Company.
EPCOT Transformation construction
Recently, in a town hall meeting with Disney employees and Cast Members, the Walt Disney CEO and other Disney executives gathered together to discuss the past, present, and future of the Walt Disney Company. Iger set the stage by stating, “Building is a lot more fun than fixing.” And building is just what we can expect from the Disney company going forward.
World of Frozen recently opened in Hong Kong Disneyland, but Disney has no plans on stopping there.
Arendelle Castle
Back in September, Disney announced its plans to increase its investments in parks, entertainment, and experiences for the next 10 years. That means $60 billion in the next decade compared to $30 billion in the previous. But what does this look like for the Disney parks? Disney’s Experiences Chairman Josh D’Amaro had some thoughts.
As 2023 comes to an end, it seems that more and more exciting Disney news continues to roll out.
Cinderella Castle
Disney held its last earnings call of the year on November 8th, where we learned that revenue is UP both within the Disney Parks, Experiences, and Products (DPEP) sector as well as within streaming, which Disney CEO Bob Iger has shared is his number one priority when it comes to the future of Disney. This information is fresh on our minds as we look forward to the new year, as well as information shared at the D23 fan convention in September, where we learned that Disney will be re-theming DinoLand, U.S.A. in Disney’s Animal Kingdom. So … what big news regarding these things can we expect in 2024? Let’s talk about it.
The Walt Disney Company has gone through some major changes this year. Ever since the unexpected return of CEO Bob Iger, The Walt Disney Company has expanded and changed in several important ways.
©Disney
As we approach the end of 2023, we’re keeping our eyes out for news on a few topics. For example, we’re waiting for some news on key Disney World projects, and we’re hoping to learn more about Disney’s plans to purchase Comcast’s stake in Hulu. 2023 may be coming to an end, but The Walt Disney Company still has a lot to do before the end of the year! It seems like the perfect time for Disney to share a few key updates, and we might just learn more during Bob Iger’s upcoming Town Hall meeting.
It’s a super exciting time for Frozen fans right now!
You can meet OAKEN!!!
We’re previewing the new Frozen-themed land at Hong Kong Disneyland and bringing you all the details about the gorgeous new area, but that’s not all the exciting news. Disney CEO Bob Iger just dropped a HUGE news bomb about the movie series! [Read more…]
For over a year now, Nelson Peltz has earned the title of “Bob Iger’s Biggest Villain.”
©The Walt Disney Company
Gaining important supporters and working to become part of the Walt Disney Company board of directors, Nelson Peltz has made a name for himself as the man who wants to take over Disney. He had recently acquired roughly 33 million shares of the Disney company, giving him lots of pull with the board. He has shared that when time comes in December, he’ll be on the hunt for more than just one seat at the board. But now, it turns out Nelson Peltz might have some competition.
When it comes to hearing about park expansions, we’re all ears.
©Apple
The Q4 earnings call for the Walt Disney Company happened recently, and we’re here to give you the TL;DR on everything that was talked about. From their big announcements to the theme park numbers, a lot was covered in a short amount of time, so we’re here to break it down.
The actor strike has been ongoing for quite a while now.
©The Walt Disney Company
We’ve seen countless movies postponed or even canceled due to this ongoing fight between SAG-AFTRA and film companies. All studios have felt the effects of this push for labor rights, including Walt Disney Studios. Now, during the fourth quarter earnings call for the Walt Disney Company, we get to hear what CEO Bob Iger has to say on the subject.
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