TWDC Articles and News Stories
Disney Donates $2 Million to Humanitarian Relief in Israel
In a late press release on Thursday evening, The Walt Disney Company announced a two million dollar donation to support humanitarian relief efforts in Israel following the deadly Hamas Terrorist Attacks. Given the serious nature of the topic, we feel that the summary is best explained in the direct words of the press release, included … Disney Donates $2 Million to Humanitarian Relief in Israel
Disney Create 100: See the New One-Of-A-Kind Contributions
In July of this year, Disney launched a global campaign in support of the Make-A-Wish Foundation, backed by a $1 million donation from The Walt Disney Company. The initiative is called Disney Create 100, with a series of world-renowned creative visionaries who have been invited to make unique contributions “inspired by their personal connection to … Disney Create 100: See the New One-Of-A-Kind Contributions
Disney Shares Plans to ‘Nearly Double’ Capital Expenditures in Theme Parks
According to a new SEC filing, Disney has plans to “nearly double” its planned capital expenditures as part of “turbo-charging” its theme parks division. Senior Disney executives, including Chief Executive Officer Bob Iger and Disney Parks, Experiences and Products Chairman Josh D’Amaro, are meeting Tuesday with Wall Street analysts and investors at the Walt Disney … Disney Shares Plans to ‘Nearly Double’ Capital Expenditures in Theme Parks
Watch the Magic Of Disney’s UK Wish Program Unfold
The best part of Disney magic is often the pixie dust that can be found far away from the theme parks, hidden in moments like the ones you are about to see on the other side of the world. The reach of The Walt Disney Company is much further than many of us realize, making … Watch the Magic Of Disney’s UK Wish Program Unfold
Disney Shares Special Look At Disney100 on July Fourth
If the return to work today has got you down, take a few moments and watch this clip from Disney’s YouTube channel, where they give us a special look at the Disney100 Celebration. It’s sure to stir even the most buried feeling of enchantment that you’ve been archiving for the past few years. Watching it … Disney Shares Special Look At Disney100 on July Fourth
DeSantis Requests Post-Election Court Date in Disney Lawsuit
Late Tuesday evening, a 19-page document was filed outlining a planning meeting that includes the court schedule and proposed trial dates from both the Plaintiff and the Defendants in the Disney vs. DeSantis lawsuit. Disney requested a July 2024 court date, while Florida Governor Ron DeSantis’ counsel is asking for the trial to begin in … DeSantis Requests Post-Election Court Date in Disney Lawsuit
Disney Prevails in Shareholder Lawsuit Over DeSantis
On Tuesday, The Walt Disney Company had a favorable outcome from a lawsuit that was lodged against the company by shareholder Kenneth Simeone, alleging negligence on Disney’s behalf in its criticism of Florida’s legislation regarding a sexual identity law. While Judge Lori Will agreed that the move might have been in poor business judgment, however, … Disney Prevails in Shareholder Lawsuit Over DeSantis
Christine McCarthy Steps Down as Walt Disney Co. CFO
The Walt Disney Company’s Senior Executive Vice President and Chief Financial Officer, Christine M. McCarthy will be stepping down from her role and taking a family medical leave of absence, according to a press release sent out on Thursday afternoon. Veteran Disney executive Kevin Lansberry, Executive Vice President and Chief Financial Officer of Disney Parks, … Christine McCarthy Steps Down as Walt Disney Co. CFO
Hearing Date Set for Oversight District vs. Disney Lawsuit
During a meeting last week, a court hearing date of July 2, 2023, was set for the Central Florida Tourism Oversight District vs. Disney lawsuit. According to the meeting notes, the hearing will begin at 2:00 pm Eastern and is set to last no longer than an hour. Honorable Margaret H. Schreiber is presiding. On … Hearing Date Set for Oversight District vs. Disney Lawsuit
Disney to Incur $1.5 Billion Impairment Charge for Removal of Disney Plus Content
Last month, Disney removed dozens of movies and shows from Disney+ and Hulu. According to an SEC filing Friday afternoon, The Walt Disney Company will incur a $1.5 billion impairment charge in its fiscal Q3 “financial statements to adjust the carrying value of these content assets to fair value.” Disney said they continue to review … Disney to Incur $1.5 Billion Impairment Charge for Removal of Disney Plus Content
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