Disney Parks Capacity Increase & Other Key Takeaways from Q4 Earnings Call
Thursday afternoon, The Walt Disney Company released its earnings report for the 4th fiscal quarter of 2020 (ending October 3, 2020), showing revenue down 23% and income down 82% over […]
US Senator Questions Iger and Chapek About Executive Salaries
Back on the 13th of October, United States Senator Elizabeth Warren sent a letter addressed to both Executive Chairman and Chairman of the Board, Robert Iger and Chief Executive Officer, […]
Disney Executive Temporary Pay Cuts May Be Coming to an End
According to documents obtained by Deadline, temporary salary reductions for executives at The Walt Disney Company are ending on August 23rd. The reductions went into effect on April 5th as […]
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 […]
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 […]
Disney+ Honored by the American Council of the Blind for Their Audio Description Tracks
Disney+ has received an award from the American Council of the Blind (ACB) for their commitment to adding audio description tracks to original programming. The ACB, which works to increase […]
Disney Employees Create Video Featuring Their Stories of Racial Inequality
Today, Disney shared a powerful video put together by a group of employees sharing their personal stories of racial inequality in our country. Disney says that the video highlights the […]
Disney Pledges $5 Million to Organizations That Advance Social Justice, Including the NAACP
The Walt Disney Company has announced a new $5 million commitment to help nonprofit organizations that advance social justice, with the first $2 million going to the NAACP to support […]
Disney Executives Address ‘Time of Unrest’ in a Message to Cast Members
The Walt Disney Company issued a message to Cast Members today addressing the current unrest in the country. The letter was signed by Disney CEO Bob Chapek, Chairman Bob Iger, […]
The Walt Disney Company Planning Additional Debt Sale
It appears that The Walt Disney Company is looking to take on even more debt in an effort to raise additional cash. While an amount was not specified, the company […]
