Disney extends CEO Bob Iger's contract 2 more years through 2026
Read full article: Disney extends CEO Bob Iger's contract 2 more years through 2026Bob Iger will remain as CEO of The Walt Disney Co. through the end of 2026, agreeing to a two-year contract extension that will give the entertainment and theme park company some breathing room to find his successor.
DeSantis proposes Disney trial schedule that puts start date in 2025, after elections
Read full article: DeSantis proposes Disney trial schedule that puts start date in 2025, after electionsAttorneys for Gov. Ron DeSantis have asked that a trial involving Disney be postponed until the middle of 2025, well after the GOP presidential nomination race wraps up and voters have picked a winner in the November 2024 general election.
More inclusive titles for workers at Disney dress-up shops
Read full article: More inclusive titles for workers at Disney dress-up shopsWhen Disney reopens its Bibbidi Bobbidi Boutique shops at resorts in Florida and California next month, the workers who help children dress up as their favorite animated characters will have new, more gender inclusive titles.
Disney self-government in peril after Florida House vote
Read full article: Disney self-government in peril after Florida House voteThe Florida House of Representatives has given final passage to a bill to dissolve a private government that Walt Disney World has been allowed to operate on its properties for more than five decades.
Disney 'regrets' performance by visiting school drill team
Read full article: Disney 'regrets' performance by visiting school drill teamOfficials at Walt Disney World say a performance by a visiting Texas high school drill team that used American Indian stereotypes, including chants of “scalp them,” doesn’t reflect the resort’s values.
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65):fill(FFF)/cloudfront-us-east-1.images.arcpublishing.com/gmg/W4R3EXZH6ZA2NATLV4T3IMTCM4.jpg)
Fireworks return to Disney parks in latest lifting of rules
Read full article: Fireworks return to Disney parks in latest lifting of rulesDisney plans to restart fireworks shows at its parks in Florida and California in the latest move by the company to ease up on pandemic restrictions implemented last year.
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65):fill(FFF)/cloudfront-us-east-1.images.arcpublishing.com/gmg/NLFWQJVFTFHYJDSZJLRZFHAKGU.jpg)
Disney expects full Florida theme parks by year end
Read full article: Disney expects full Florida theme parks by year endWalt Disney World could approach full capacity by the end of the year, Walt Disney Company CEO Robert Chapek said during the JPMorgan 49th Annual Global Technology, Media and Communications Conference on Monday.
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/NXPJ2OZZJZE6JKHB3OTJT2FP54.jpg)
Orlando launches first tourism ad campaign since pandemic
Read full article: Orlando launches first tourism ad campaign since pandemicThe $2.2 million advertising campaign launched this month is targeted for spring and summer travel to potential visitors living in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas. The campaign, called “The Wonder Remains," includes TV ads, YouTube videos, digital ads, social media ads, e-newsletters and website content. Along with highlighting Orlando's theme parks and restaurants, the campaign emphasizes the safety measures that have been taken at its tourist attractions to protect tourists from the new coronavirus. “I believe this campaign will reach individuals who are prepared to travel to a well-prepared destination for much needed recreation." Before the start of the pandemic almost a year ago, Orlando was the most visited tourist destination in the U.S., attracting 75 million visitors in 2018.
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/NXPJ2OZZJZE6JKHB3OTJT2FP54.jpg)
Disney 1Q profit falls but beats expectations due to Disney+
Read full article: Disney 1Q profit falls but beats expectations due to Disney+FILE - In this Jan. 9, 2019, file photo, guests watch a show near a statue of Walt Disney and Micky Mouse in front of the Cinderella Castle at the Magic Kingdom at Walt Disney World in Lake Buena Vista, Fla. But the results Thursday surpassed Wall Street's expectations thanks to subscribers flocking to Disney+ and other of the entertainment giant's streaming services. Disney+ subscribers totaled 94.9 million at the end of the quarter, more than double the subscriber base a year ago, when the service had been operating for only about two months. For Disney's fiscal first quarter, net income totaled $17 million, or 1 cent per share, compared with $2.1 billion or $1.16 cents per share a year earlier. Excluding one-time items, net income totaled 32 cents per share, compared with $1.53 per share in the prior-year quarter.
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/SLLR4SXUAZDNVCGNJENX3D76WU.jpg)
Disneyland ending annual pass program with parks closed
Read full article: Disneyland ending annual pass program with parks closedDisney officials said in a statement that extra hand sanitizers were being placed throughout its four parks and more than two dozen hotels. (AP Photo/John Raoux, File)ORLANDO, Fla. – Looking to buy an annual pass at Disneyland Resort? The California theme park resort said last week that it's ending its passholder program. Disney officials would not say how many people hold these passes or how much the move will cost the company, adding it would begin issuing pro-rated refunds to eligible passholders. The Florida resort implemented a moratorium on new annual passes last summer, though it will honor those from existing passholders.

Passengers stranded on Disney World's Skyliner gondola for hours
Read full article: Passengers stranded on Disney World's Skyliner gondola for hoursIn this handout photo provided by Disney Parks, the U.S. Navy Flight Demonstration Squadron, the Blue Angels, streak across the skies above Cinderella Castle at Walt Disney World Resort in Lake Buena Vista, Florida. ORLANDO, Florida (CNN) - Walt Disney World lost a bit of its magic for visitors who spent Saturday night stranded on the theme park's new Skyliner gondola. Emmie Palmer said she and a friend were stranded about three stories high along with three other woman in a gondola cabin. "Evacuating two people at a time off of the Disney World Skyliner... could be very slow with 10 capacity gondolas," Murray tweeted along with photos of rescuers working. Passengers who were stranded were compensated with free park tickets and gift cards, Palmer and Cole said.

Despite exciting quarter, Disney misses Wall Street expectations
Read full article: Despite exciting quarter, Disney misses Wall Street expectations(CNN) - Despite a quarter full of excitement, Disney's revenue for the three months ending in June was lower than Wall Street expected. Disney posted $20.2 billion in sales for the quarter, compared to analysts' projection of $21.4 billion, the company announced after market close Tuesday. Despite missing analyst expectations, sales in the quarter were up 33% from the same period last year, thanks to wins for the company in its studio entertainment and media networks businesses. Those movies and others helped Disney set a record for the highest grossing year for a film studio ever, an achievement announced last week, just seven months into the year. That deal helped beef up Disney's streaming lineup ahead of the planned launch of its streaming service, Disney+, and also gave it a majority ownership stake in Hulu.

:strip_exif(true):strip_icc(true):no_upscale(true):quality(65):fill(FFF)/d1vhqlrjc8h82r.cloudfront.net/06-15-2021/t_698b1e4154444bae9704224860435882_name_image.jpg)