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Find the latest Disney news, announcements, rumors, updates, and coverage from across the Disney parks, resorts, cruise line, and entertainment brands.

The Walt Disney Company 3rd Quarter Earnings Report Shows Revenue Down 42%, Parks Income Down $3.5 Billion

Tuesday afternoon, The Walt Disney Company released their earnings report for the 3rd fiscal quarter of 2020 (ending June 30, 2020), showing revenue down 42% and income down 72% over last year for the quarter. Diluted earnings per share decreased 94%. Chief Executive Officer Bob Chapek said in a written statement: Despite the ongoing challenges The Walt Disney Company 3rd Quarter Earnings Report Shows Revenue Down 42%, Parks Income Down $3.5 Billion

Adventures by Disney Extends Cancellations Through September 30

UPDATE 7/22/20: Adventures by Disney has made the decision to suspend ALL departures through September 30, 2020. The prior announcement did not include every September Adventure, but in the latest update, guests booked on the September 19th Iceland adventure and the September 21st Arizona & Utah adventure are now impacted. Adventures by Disney has just cancelled Adventures by Disney Extends Cancellations Through September 30

Former Disneyland President Michael Colglazier Leaving Disney to Head Virgin Galactic

Michael Colglazier, who was President of the Disneyland Resort from 2013 to 2018, is leaving Disney to become the Chief Executive Officer of Virgin Galactic. Colglazier was most recently the President and Managing Director of Disney Parks International, overseeing Disneyland Paris, Hong Kong Disneyland, Shanghai Disney Resort, and Tokyo Disneyland. Jill Estorino is set to Former Disneyland President Michael Colglazier Leaving Disney to Head Virgin Galactic

Hong Kong Disneyland Announces Closure Due to Second Outbreak of COVID-19

Official statement from a Disney spokesperson as posted on Twitter by Frank Pallotta of CNN: “As required by the government and health authorities in line with prevention efforts taking place across Hong Kong, Hong Kong Disneyland park will temporarily close from July 15. The Hong Kong Disneyland Resort hotels will remain open with adjusted levels Hong Kong Disneyland Announces Closure Due to Second Outbreak of COVID-19

Disney Rumor Round Up June 2020

Welcome to the June edition of Disney Rumor Round Up! You can check out the May 2020 installment here. So much has changed and happened since the last installment. I hope you all are staying safe and healthy through all of this. Now, let’s dive in! Disclaimer: Any rumors mentioned in this article are not confirmed by Disney, Disney Rumor Round Up June 2020

Disneyland Paris to Begin Reopening July 15

On July 15, 2020, Disneyland Paris will begin a phased reopening welcoming guests to return to Disneyland Park, Walt Disney Studios Park, Disney’s Newport Bay Club hotel, and Disney Village. In line with French government and health authorities’ recommendations, the phased reopening of Disneyland Paris will take a careful approach with enhanced health and safety Disneyland Paris to Begin Reopening July 15