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TOMORROW Is a HUGE Day for the Walt Disney Company

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Disney’s first big milestone of 2024 is coming up!

Disney World

As one of the largest and most influential companies IN THE WORLD, Disney’s financial and operational status is not only fascinating but bears a significant trickle-down effect. From its influence in the streaming platform space to the financial well-being of the Disney Parks, if you like to stay in the know on all things Disney, you should know about the Walt Disney Company’s first earning report and call of 2024 happening February 7th!

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Disney Is Losing Billions on Disney+. Where’s the Money Going?

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Based on the blockbuster content and large subscriber numbers we’ve seen from Disney+ in its short existence, you’d think the service would be financially successful overall.

©Disney

But, unfortunately, for The Walt Disney Company and its investors, that’s not quite the case. One of Disney’s biggest issues recently has been the mounting losses for the streaming service, even being a prime reason former CEO Bob Chapek was replaced by Bob Iger. So, what gives? If Disney+ has millions of subscribers (and counting), plus hit movies and shows, where is that money going?

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Disney CEO Bob Chapek Is “Filled With Optimism” About 2023, Despite Potential Recession Impact

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The last few years have been unusual for The Walt Disney Company, as they have been for many companies worldwide. As Disney continues to work on recovery from the COVID-19 pandemic closures, it has also been navigating the growth of Disney+ and other streaming platforms along with the launch of a new cruise ship and many changes to the Disney parks.

Cinderella Castle

In the last couple of years, we’ve seen changes like the new Park Pass Reservation system, the start of Disney World’s 50th anniversary, the transition to Genie+ (from FastPass+), and many price increases in the Disney parks. So what is Disney hoping to do in 2023? Their recent earnings call provides some answers. [Read more…]

Bob Chapek Says Disney Parks Demand Still Outpaces Capacity and More During Q4 Earnings Call

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The Walt Disney Company reported to its investors today about its latest earnings, as well as earnings for the past year.

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The numbers reported today confirmed the explosion of growth in Disney’s Parks revenue this year, and the continuing challenges the company is having in making its streaming service — Disney+ — profitable.

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What Will Disney World and Disneyland’s Profits Look Like in 2022 and 2023? Experts Weigh In.

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The Disney Parks have been greatly impacted by the current global pandemic.

Face mask signage

In 2020, thousands of employees were laid off, and it took until April of 2021 for Disney Parks to report profitability again. But, things are looking up, because new predictions show that the Disney Parks are on the rebound!

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Should Disney Have Made These Billion Dollar Bets?

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The Walt Disney Company is recognized worldwide as a leading business in the entertainment industry.

What Doesn’t Disney Do?!

With six popular theme park destinations across the world, booming direct-to-consumer streaming services, and distribution of entertainment via multiple networks, Disney is doing a bit of everything these days. But, in order to achieve its unique status, the company has had to take some risks over the years — sometimes at the cost of $1 billion or more!!! Today, we’re taking a look at some of those $1 billion bets and whether they’ve worked out so far. How many times has Disney struck out and how many times have they hit a total home run? Let’s find out!

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