For all the revenue amassed each quarter by The Walt Disney Company, you might assume the House of Mouse goes above and beyond to ensure that Disney writers and artists behind its many projects are well cared for and respected. But according to the Los Angeles Times, that’s not the case at all. A task force formed by the Science ...
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President Biden Says Republicans Will “Storm Cinderella’s Castle” During Fight With Disney
If you are a Disney fan, then chances are that you know that the House of Mouse is currently in the middle of a massive fight with a majority of the Republican Party. The trouble began when Florida Governor Ron DeSantis signed the Parental Rights in Education Bill into law and Disney spoke out against it. Governor DeSantis thought that ...
Read More »Disney announces it takes $1 Billion Hit in its Fiscal 2nd Quarter related to licensing
During The Walt Disney Company‘s fiscal second-quarter earnings call last week, the company revealed its success in streaming subscriptions to Disney+, but Mickey missed the mark in at least one area, thanks to a more than $1 billion loss related to an early termination of licensing agreements. The earnings call, in which Disney CEO Bob Chapek and Disney CFO Christine McCarthy ...
Read More »The Walt Disney Company plans to stay in Florida until 2024 and beyond
To say that there exists unrest between Florida Republicans and Disney would be a vast understatement, but it isn’t having the effect on Disney that many thought it might. RELATED: The Disney-DeSantis debacle is a raging dumpster fire, and the stench is horrific Earlier this year, Florida’s Parental Rights in Education bill began to gain traction in the state legislature, ...
Read More »Johnny Depp could reprise his famed role as Captain Jack Sparrow in Disney’s “Pirates” franchise
When the word “exhausted” comes to mind, so does the visage of Johnny Depp seated in a Fairfax County court in Virginia, drowning in a sea of rumors, insinuations, tabloid headlines, and the unrelenting cacophony of an ex-wife scorned because she failed at usurping control over another human being. That 58-year-old man must literally be one of the most exhausted ...
Read More »New Poll Shows Voters Do Not Support DeSantis Stripping Reedy Creek Privileges
On April 22, Florida Governor Ron DeSantis signed a bill that will officially dissolve the Reedy Creek Improvement District on June 1, 2023. The signing was the latest shot fired in the battle that has been going on between the state of Florida and The Walt Disney Company. The problems began back in March when Disney CEO Bob Chapek spoke ...
Read More »Josh Hawley’s Attempt to Strip Disney’s Copyright Is “Blatantly Unconstitutional”
On Tuesday, May 10, Josh Hawley — a Republican Senator from Missouri — introduced a bill aimed at Disney that would strip the mega-corporation of its copyright protections. The bill is called the Copyright Clause Restoration Act and would limit copyright protections to a maximum of 56 years. Currently, copyright law protects works for the life of the artist plus ...
Read More »Earnings Report: No matter how much they complain about price hikes, Disney Parks Guests keep visiting and keep spending
For all the grumbling in the atmosphere from Disney Parks fans who have had their fill with The Walt Disney Company‘s affinity for price hikes at each theme park, Guests sure are spending more while on their Disney vacations. During The Walt Disney Company‘s Fiscal Year 2022 Quarter 2 earnings call on Wednesday, Disney CEO Bob Chapek and Disney CFO ...
Read More »Disney Stock Continues to Decline, Eliminating 5 Years of Gains
On May 11, The Walt Disney Company held its Second Quarter Earnings Call and, overall, the numbers reported were incredibly good. Disney’s personal streaming service Disney+ saw a growth of 7.9 million subscribers — which exceeded the estimates of Wall Street. Hulu and ESPN+ also saw growth, which was positive. Disney Parks saw revenue of over 6 billion — which ...
Read More »Disney announces it’s working to “control attendance” in parks, to ensure a “quality Guest experience”
During today’s earnings call, Disney executives shared their efforts to “control attendance” at Disney Parks to ensure a “quality Guest experience.” The Walt Disney Company held its quarterly earnings call today, this time to discuss the company’s financial picture from January 1 through April 2, 2022–the first quarter of the calendar year but Disney’s 2nd quarter of the fiscal year ...
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