walt disney company Articles and News Stories
New Lawsuit Claims Disney Misled Investors
It’s been a tough year for The Walt Disney Company as they navigate the political waters of Florida, trading lawsuits with Governor Ron DeSantis over changes to the local region. Now, the legal team for the theme park and entertainment giant is working through a new suit that was filed in California on May 12th … New Lawsuit Claims Disney Misled Investors
Bob Iger Praises Disney Park Expansions, More to Come
The theme of The Walt Disney Company Q2 earnings call this afternoon was a more empowered financial stance, as well as a successful quarter in international parks. CEO Bob Iger praised the park expansions that have opened abroad noting the exciting lands that will be opening later in the year. “And we have a number … Bob Iger Praises Disney Park Expansions, More to Come
FL Governor Launches Investigation of Reedy Creek Improvement District Prior to Government Takeover
In a letter to the Chief Inspector General Monday, Florida Governor Ron DeSantis formally requested a complete review and inspection of the actions of the Board of Supervisors that were in place while Disney was still in charge of the Reedy Creek Improvement District (RCID). Back in February, DeSantis signed House Bill 9B to replace … FL Governor Launches Investigation of Reedy Creek Improvement District Prior to Government Takeover
Marvel Chairman Ike Perlmutter Next In Disney Firing Line
Another day, another Disney firing headline. After yesterday’s farewell of Jeffrey R. Epstein, Vice President of Corporate Communications for Disney, a new heavyweight was in the firing line today. Marvel Entertainment Chairman, Ike Perlmutter, has been let go from his position. Isaac “Ike” Perlmutter, who is the 80-year-old Chairman of the division, was reportedly deemed … Marvel Chairman Ike Perlmutter Next In Disney Firing Line
Disney Set to Cut 4,000 Jobs in the Next Two Weeks
UPDATE: March 27, 2023: Disney CEO Bob Iger sent out an internal memo Monday morning outlining three rounds of layoffs – the first round of layoffs will take place this week, the second round next month, and the final round of layoffs prior to the summer season. Iger’s message to cast members can be read … Disney Set to Cut 4,000 Jobs in the Next Two Weeks
Dear Disney Cast Members; Send Your Message to the Makers of Magic
I was listening in on The Walt Disney Company’s Q1 Earnings Report this week, and as Bob Iger abruptly mentioned a cost reduction plan that is being implemented, my stomach started to turn. Sure enough, the devastating words followed, detailing 7000 jobs that would be cut. The words slithered into the one-sided conversation while muted … Dear Disney Cast Members; Send Your Message to the Makers of Magic
Heather Hust Rivera Steps Down as SVP of Communications at Disney Media & Entertainment
According to Variety, the latest move in Bob Iger’s Disney management shakeup has been Heather Hust Rivera, the Senior Vice President of Communications at Disney’s Media & Entertainment Division. In the not-entirely-surprising move, Hust Rivera, who occupied the role of chief communications representative for Kareem Daniel, will leave the company after almost two decades of … Heather Hust Rivera Steps Down as SVP of Communications at Disney Media & Entertainment
Changes That Disney Fans Would Love to See CEO Bob Iger Make at the Parks
The only Disney news the past two days seems to be about Bob Chapek’s exit and Bob Iger’s entrance. This was a massive shift in the Disney company and the community, which is why everyone is talking about it. The Washinton Post released an article titled “9 changes Disney fans want returning CEO Bob Iger … Changes That Disney Fans Would Love to See CEO Bob Iger Make at the Parks
Layoffs, Hiring Freeze; Leaked Memo Reacts to Disney Revenue Drop
A leaked memo has led to news from Disney CEO Bob Chapek that there are staff reductions and a hiring freeze in place for The Walt Disney Company in response to the underwhelming Q4 earnings results. While Chapek made light of the report earlier in the week, insisting that the numbers were all part of … Layoffs, Hiring Freeze; Leaked Memo Reacts to Disney Revenue Drop
Chapek’s Disney Moves to “Lifestyle Brand”
Moving closer to its 100th year of operation, Disney is making a concerted company effort to move further from a designated entertainment giant over to an all-encompassing “Lifestyle Brand.” If you didn’t catch the Bob Chapek Q&A yesterday with the Wall Street Journal’s Mat Murray, or perhaps you couldn’t stand to watch it, I’ve taken … Chapek’s Disney Moves to “Lifestyle Brand”
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