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Magic Key Settlement Nears Conclusion: When Keyholders Should Expect Their Money

Disneyland Park Sleeping Beauty castle
Credit: Photo by Avel Chuklanov on Unsplash

Huge news has been announced regarding the infamous lawsuit between Disneyland Resort Magic Key Holders and the Walt Disney Company.

It’s finally happening; the long-awaited Magic Key settlement is close to concluding, bringing a sense of closure and anticipation among Keyholders. This settlement, a result of a legal battle between the Walt Disney Company and a group of dissatisfied Magic Key Pass holders, is expected to provide financial compensation to those affected by the dispute.

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Credit: Disney

The End of This Lawsuit Is Practically in Sight

For many Dream Keyholders, this settlement marks a turning point in their journey with Disneyland Resort. The Dream Key, known for granting its holders unparalleled access and exclusive benefits to Disneyland Park and Disney California Adventure Park, was a cherished possession for avid Disney enthusiasts. However, after a significant drama ensued in 2021, many felt disappointed and betrayed.

The Dream Key was marketed as the top-tier pass, and its biggest perk was that it had “no blockout dates.” When this was later revealed not to be accurate, fans were incredibly upset. This situation resulted in a federal lawsuit filed in California.

For fans, it has felt like this lawsuit has dragged on forever. Finally, today, some significant progress was made. U.S. District Court Judge David O. Carter, who is assigned to the settlement, made a huge breakthrough today when he set a final approval hearing for the Disneyland Magic Key class action settlement. That approval hearing will happen on February 20, 2024.

This date means that if all goes well, affected Dream Keyholders can expect to see a payout sometime in April. This news comes as a glimmer of hope, promising financial restitution and perhaps some solace for the Pass Holders.

 

A Dramatic Dispute Finally Sees Conclusion

As the settlement draws closer to its finalization, Passholders can’t help but wonder when they can expect to receive their compensation. Earlier this year, it was announced that around $9.7 million would be distributed amongst those who were affected. This incredibly high number will be spread evenly amongst the 103,435 Dream Key Passholders who were affected by this issue.

Unfortunately, that means that only $67.41 will be awarded to each person. While this amount will by no means make anyone rich, it is a nice gesture to receive from the company. After all, to be awarded anything is a surprise for many fans.

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Credit: Photo by taylor gregory on Unsplash

In conclusion, the Magic Key settlement brings a sense of closure and hope to the countless pass-holders affected by the misleading verbiage of the Dream Key. While the details are still being finalized, passholders should remain patient and stay informed about updates from the settlement administration. While the exact distribution timeline has yet to be announced, fans can be ready to spend it soon if all goes well.

About Eva Miller

Eva was born and raised in the beautiful state of Oregon but has since relocated and lives in New York City. Since she was young, Eva has loved to perform in musicals, especially Disney ones! Through performing, Disney’s music became the soundtrack of her childhood. Today, Eva loves to write about all the exciting happenings for the Walt Disney Company. In her free time, Eva loves to travel, spend time in nature, and go to Broadway shows. Her favorite Disney movie is 'Lilo and Stitch,' and her favorite Park is Disney's Animal Kingdom.