food IS a theme park
We’re learning a lot about Disney during the Quarterly Earnings Call!
Tree of Life
We’ve already gotten an update on the subscriber count for Disney+, and we’re looking forward to other exciting news from the company. And now, we’re taking a look at the theme parks’ finances for the quarter.
Last year, Disney fans in southern California were treated to a rare chance to check out Disney memorabilia straight from the Walt Disney Archives.
Bowers Museum in Santa Ana, CA
Thanks to Bowers Museum in Santa Ana, any Disney history buff could visit to see the exclusive exhibit, Inside the Walt Disney Archives: 50 Years of Preserving the Magic. But, due to California health regulations, the museum has had to close and reopen on a few occasions. Because of this, the exhibit was originally extended to April 25th and now it’s getting another bump as the museum reopens to the public.
Today, Disney World is hosting their 2021 Annual Meeting of Shareholders, where a number of business items will be discussed along with potential announcements from Disney Parks, Studios, Direct-to-Consumer, and more!
Cinderella Castle
As the meeting began, Disney’s Chairman and former CEO Bob Iger made opening remarks, where he shared comments on the end of his time with the company.
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.
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!
Last year, Disney fans in Southern California got a rare opportunity to see some unique Disney memorabilia straight from the Walt Disney Archives.
Bowers Museum in Santa Ana, CA
This opportunity was all thanks to the Inside the Walt Disney Archives: 50 Years of Preserving the Magic exhibit at the Bowers Museum in Santa Ana, CA. That exhibit was initially set to end in August 2020, but after a months-long closure due to the global health crisis, the museum reopened and extended the exhibit until September.
Yesterday marked the first Walt Disney Company Earnings Call for 2021.
Disney World
These earnings calls take place at the end of every fiscal quarter and give Disney executives a chance to update their investors. Typically, these calls give us a LOT of insight into how the company is doing, exciting happenings, and what’s to come. Here are 12 things you missed from yesterday’s report!
Today, The Walt Disney Company released its Earnings Report for the First Quarter of Fiscal 2021.
Magic Kingdom
These reports and the subsequent Earnings Calls often reveal a lot of information about the Walt Disney Company’s business operations, and this one is no different! We’re here to give you a look at the major points from the just-released report.
During Disney’s most recent Investor Day conference, we got to hear about TONS of new shows and movies coming to Disney+ or theaters in the next few years.
©Disney
And while Disneyland and some of Disney’s other theme parks around the world are currently closed, Disney World and other Disney theme parks are currently open. Taking all of this into account and with news of vaccines already starting to be distributed in the United States, one analyst has upgraded his rating of Disney’s stock.
Economically speaking, it has been a challenging year for many people, including the Walt Disney Company.
©CNBC
With the theme parks closed for several months, the company took a hard hit financially, eventually resulting in the layoffs of thousands of employees and temporary pay cuts for Disney’s executives. We received more insight on how this affected the company later in 2020 when Disney reported a $2.8 billion loss for the year during their Q4 earnings call. Today we have more information about Disney’s financials for last year, including how much their top executives were actually paid.Â
Our handy (and portable!) ebook guides make sure you get the best deals and can plan a vacation of a lifetime.
