Disney News
Find the latest Disney news, announcements, rumors, updates, and coverage from across the Disney parks, resorts, cruise line, and entertainment brands.
Disney CEO Bob Iger Says Trade War With China Would Be Damaging
In an interview with CNBC’s Fast Money, CEO Bob Iger said that a trade war between the United States and China would be damaging to Disney’s business. The Disney Company has strong ties to China, and Iger is concerned that an all-out trade war would affect the Disney Company negatively “from a movie perspective, from … Disney CEO Bob Iger Says Trade War With China Would Be Damaging
Disney Releases its Quarterly Earnings Report
Today, the Walt Disney Company released their earnings report for their most recent fiscal quarter, showing a decline over last year. Earnings were $1.55 per share with $14.78 billion in revenue. That is a drop of 3% in revenue over last year and 10% off the per share profit. Analysts expected profits to be even lower, … Disney Releases its Quarterly Earnings Report
Increasing Speculation That Disney CEO Robert Iger Will Extend His Tenure
According to the Wall Street Journal, Disney CEO Robert Iger most likely isn’t going to be stepping down from his position at Disney anytime soon. There is increasing speculation that Robert Iger will be extending his tenure for a third time. In a statement from the Wall Street Journal a Disney executive said, “The prevailing … Increasing Speculation That Disney CEO Robert Iger Will Extend His Tenure
Steve Jobs’ Widow No Longer Disney’s Largest Shareholder
Laurene Powell Jobs, the widow of Apple co-founder Steve Jobs, has cut her stake in the company in half. With this move, she is no longer the largest shareholder in The Walt Disney Company. According to regulatory filings with the Securities and Exchange Commission, Powell Jobs now owns 64.3 million Disney shares, which is down … Steve Jobs’ Widow No Longer Disney’s Largest Shareholder
Rogue One’s box office numbers reach $1 billion
After earning another $16 million over the weekend, Rogue One: A Star Wars Story became the 28th film to earn more than $1 billion at the box office worldwide. Disney has had a big year at the box office office. In addition to Rogue One, three more of their 2016 releases have reached $1 billion: … Rogue One’s box office numbers reach $1 billion
Disney Store celebrates 30th Anniversary with exclusive pin set
This year marks the 30th anniversary of the Disney Store and to celebrate the occasion, they are releasing a commemorative set of 30 pins! Beginning January 28, the Disney Store will be releasing three new pins every Saturday in-store and every Sunday online, through April 1. All of the pins are brand new too! In … Disney Store celebrates 30th Anniversary with exclusive pin set
New study shows Disney ranks No. 1 as “most intimate brand” among millennials
In a new study by MBLM, a “brand intimacy agency,” Disney has been named the “most intimate brand” among millennials. In their most recent study, MBLM studied various brands and how our emotions play into our interactions with them. Disney was number 6 on last year’s list, but has gone up to number 1 in … New study shows Disney ranks No. 1 as “most intimate brand” among millennials
Disney CEO Bob Iger receives lower salary compensation in 2016 than 2015
The Orlando Sentinel is reporting that Walt Disney Co. CEO Bob Iger’s 2016 salary total was down slightly from his 2015 salary. In 2016, he made $43.9 million; his 2015 salary was $44.9 million. Disney filed paperwork this week with the Securities and Exchange Commission releasing these numbers. The article states “Iger’s compensation includes a … Disney CEO Bob Iger receives lower salary compensation in 2016 than 2015
George Lucas announces new plan to build museum in Los Angeles
Back in 2014, we reported that George Lucas was planning to build his “Lucas Film of Narrative Art” museum in his wife Mellody Hobson’s native Chicago, after considering sites in San Francisco and encountering community opposition. After facing opposition by Chicago’s “Friends of the Park” group, he has changed direction once again and will be … George Lucas announces new plan to build museum in Los Angeles
Disney launches “Magic of Storytelling” campaign to donate 1 million books
Disney and ABC are celebrating families and reading during the fifth annual “Magic of Storytelling” campaign and the second annual Disney Reads Day. In honor of the campaign, Disney and ABC will donate up to one million books to First Book. betway This nonprofit makes sure that organizations and educators who service low-income children have … Disney launches “Magic of Storytelling” campaign to donate 1 million books
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