food IS a theme park
Disney has just shared some huge news…but one major thing was missing.
Walt and Mickey
During the Q1 earnings call for fiscal year 2024, Disney shared updates about its theme park business, the financial status of its streaming business, and more. But interestingly there was something important they left OUT.
If you’re in the loop with Disney news, then you know that there’s a LOT going on right now.
Cinderella Castle
Between changes coming to the theme parks, new movies getting released in theaters, and The Walt Disney Company’s legal battle with Florida Governor Ron DeSantis, there’s plenty to try and keep up with. We’ve been following everything that’s happening, ready to hear more from Disney executives. And that’s exactly what happened today.
In case you missed it, Walt Disney Company CEO Bob Chapek has stepped down from his position and has been replaced by former CEO Bob Iger.
©Reuters
The Disney Board of Directors announced this change late in the evening on November 20th, noting that Bob Iger would resume his role as CEO effective immediately, and Disney’s stock values proceeded to increase significantly the following Monday morning. Many people have been commenting on this change and what it could mean for the future of The Walt Disney Company, and we’ve compiled some of the reactions we’ve found across social media.
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