Tag: Disney Parks Experiences and Products
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Disney Experiences Shares Their Commitment to Giving
Disney Experiences believes that everything they do to make magic can also make a difference. That’s why they give food, books, toys and their time to help those in need all year long. Magic comes in all sizes, from simple acts of kindness to grand gestures of generosity and they are so grateful for the cast, Disney VoluntEARs, and…
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Disney & Technology: A History of Standard-Setting Innovation
When “Steamboat Willie” was first projected onto movie screens in 1928, audiences were captivated by its technological achievement and the antics of the film’s main character. Since the release of that first Mickey Mouse film with sound, Disney technology has continued to revolutionize storytelling — on and off the screen — with groundbreaking innovations. From…
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Disney Earnings Q4 2023: CEO Bob Iger Reveals Four Building Opportunities
“Our progress has allowed us to move beyond this period of fixing and begin building our businesses again.” That was the message that Disney’s Chief Executive Officer Bob Iger had for investors and consumers after The Walt Disney Company (NYSE: DIS) reported its fiscal full year and fourth quarter earnings on Wednesday. Iger—who returned to the position…
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Disney to Invest $60 Billion in Next 10 Years in Disney Parks and Cruise Line
Disney has announced that it intends to invest roughly $60 billion over the next 10 years “in expanding and enhancing domestic and international parks and cruise line capacity.” This is nearly twice the amount it spent in the last 10 years. The news comes as Disney CEO Bob Iger and other senior executives including Disney…
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Louise Pentland Named Chief Counsel For Disney Parks, Experiences And Products
BURBANK, Calif., September 6, 2023 — Louise Pentland has been named Chief Counsel for the Disney Parks, Experiences and Products segment of The Walt Disney Company (NYSE: DIS), effective September 15. Pentland, who previously served as Chief Business Affairs and Legal Officer at PayPal, will report to Horacio Gutierrez, Senior Executive Vice President, General Counsel and…
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No Miniparks From Disney Coming D’Amaro Says
During a conference on Monday morning, Disney Parks, Experiences and Products Chairman Josh D’Amaro was asked by the moderator and JP Morgan media analyst Phil Cusick if Disney would follow Comcast’s example and start to build mini-parks that are more regional in nature. The question was asked during the JP Morgan Global Technology, Media & Communications Conference.…
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Despite Dispute with DeSantis, Disney Intends to Continue to Invest in Florida
During the JP Morgan Global Technology, Media & Communications Conference on Monday, May 22, 2023, Josh D’Amaro, Chairman of Disney Parks, Experiences and Products shared about if the dispute that Disney has ongoing with DeSantis would impact future spending. This comes just a week after it was announced that a $1 billion campus in Lake…
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Disney Parks, Experiences and Products Chairman Josh D’Amaro to Participate at the JP Morgan Global Technology, Media & Communications Conference
The Walt Disney Company has announced that Josh D’Amaro, Chairman of Disney Parks, Experiences and Products will be speaking at the JP Morgan Global Technology, Media & Communications Conference on May 22, 2023. The conference will be streamed on the Disney Investors page on its website as D’Amaro answers questions. It is expected that D’Amaro’s…
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Bruce Vaughn Returns to Disney as Chief Creative Officer for Walt Disney Imagineering
Bruce Vaughn, who formerly co-led Walt Disney Imagineering and departed in 2016, is returning to Disney. His previous run with Disney lasted about two decades, with the nine last years having Vaughn co-lead Imagineering as chief creative executive. In 2016, Vaughn left Disney to become the CEO and CCO of Dreamscape Immersive, which makes location-based…
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Josh D’Amaro Sends Email About Upcoming Layoffs And Says They Won’t Impact Frontline Cast Members
Disney Parks, Experiences and Products Chairman Josh D’Amaro sent an email out to cast members after Bob Iger announced that The Walt Disney Company will be laying off 7,000 of its employees. This comes as Disney is looking to cut costs across its three main new segments that were also announced yesterday. D’Amaro sent an…
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Disney Releases More Details on Restructuring Including Creative Control and Accountability
One day after announcing its restructuring, The Walt Disney Company is sharing more information about how that will exactly be implemented. In a lengthy release, Disney shared what the individual segments will be and who will be leading them. There are also biographies about the new heads of the segments. Along with restructuring the company,…
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Disney Parks, Experiences and Products Shines Bright During Disney Earnings Call
The Walt Disney Company shared its first quarter results on Wednesday and one of the stars of earnings was its Disney Parks, Experiences and Products segment. Now, one of three segments for The Walt Disney Company after a new restructuring, the segment reported an increase of 21 percent year over year to $8.7 billion and…
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The Walt Disney Company Restructured Once Again Under CEO Bob Iger
The Walt Disney Company has been restructured once again under the leadership of CEO Bob Iger. Iger shared the new plan that is effective immediately on an earnings call, the first since his return to the role of CEO. The announcement of the new structure came as no surprise. It has been in the works…
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Check Out this Media Preview of the Wonderful World of Dreams Pavilion Ahead of the D23 Expo
The 2022 D23 Expo begins on September 9 and continues through September 11, 2022. Members of the media were able to get a first look at the Wonderful World of Dreams Pavilion on Thursday night ahead of the start of this year’s D23 Expo. Attendees at the expo will get a first look at the…
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Disney Parks, Experiences and Products Shares Plans for D23 Expo 2022
BURBANK, California (July 28, 2022) – D23 Expo 2022 presented by Visa will return for a spectacular in-person event in Anaheim with special surprises for fans of Disney Parks, Experiences and Products. With exciting pavilions, captivating panel presentations and special retail experiences, fans can explore and be the first to learn about never-before-seen details of new themed lands,…
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Disney Delays Lake Nona Move to 2026
Disney has delayed its timeline for moving employees to a new campus at Lake Nona in Central Florida. The delay was confirmed to the Orlando Sentinel earlier today. A Disney spokesperson said that the move has been pushed back to 2026 to “give people more time” and also to give time for construction to build…
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Tami Garcia, Senior Vice President, Human Resources and Diversity and Inclusion for Disney Parks, Experiences and Products Shares Letter With Potential Hires
Tami Garcia, the Senior Vice President or Human Resources and Diversity and Inclusion for Disney Parks, Experiences and Products has written a public letter to potential Disney hires. In it, she shares the benefits and reasons to explore some of the opportunities of working for Disney. Read the full letter below: If you’ve ever been…
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Disney Purchases Land in Florida for Future Lake Nona Campus
A company related to The Walt Disney Company has purchased approximately 60 acres from Lake Nona Land CO (connected to Tavistock Development Co) through a Disney-connected company called Dynamic Campus LLC. The purchase price was $46 million. This brings the price per acre in at about $766,666. The deal was reported by the Orlando Business…
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What a Birthday! – GEEKS CORNER – Episode 1142 (#565)
Welcome to GEEKS CORNER! This week there is a lot to talk about regarding Disneyland’s 66th Anniversary celebration. This includes cavalcades, characters, Mickey’s PhilharMagic, Mickey’s Mix Magic, Oga’s Cantina, and Blue Bayou Restaurant. The GEEKS share their thoughts about the day and the dining experiences. After this, the GEEKS talk about the transfer of 2,000…
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Thousands of Positions at Disney Parks, Experiences and Products Moving From California to Florida
The Walt Disney Company is making a significant change to where many of its workforce in the Disney Parks, Experiences and Products division works. This week it announced that it will be moving a 2000 cast member from this team to a new facility in Florida that is near Walt Disney World Resort. “I want…
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Muppets Haunted Mansion Coming to Disney+ for Halloween
This morning The Muppets gave fans a Halloween present with the announcement that there will be a Muppet Halloween program coming to Disney+ later this year. Muppets Haunted Mansion will be the first Muppets Halloween special and be exclusively on Disney+. It will include the Muppets themselves, celebrity cameos, and all-new music that is being…
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4,000 Cast Members to Be Let Go By Disney in First Half of 2021
Disney has disclosed in a filing that it intends to lay off another 4,000 cast members in the first half of 2021. The news came from a 10-K filing that disclosed that it would be laying off 32,000 cast members in total, up from the 28,000 initially disclosed in September. All of these layoffs are…
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Disney Parks Reducing Workforce by 28,000
Update from Disney Parks, Experiences and Products STATEMENT FROM JOSH D’AMARO, CHAIRMAN, DISNEY PARKS, EXPERIENCES AND PRODUCTS (DPEP) In light of the prolonged impact of COVID-19 on our business, including limited capacity due to physical distancing requirements and the continued uncertainty regarding the duration of the pandemic – exacerbated in California by the State’s unwillingness to lift…
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Disney English Language Schools in China Close Due to Coronavirus Impact
The Walt Disney Company has decided to close Disney English. The 12-year-old chain of 25 language schools in China was a once-promising business. However,it did at times prompt questions about education as brand building. The learning centers were in six cities, and used Disney characters like Mickey Mouse and the Little Mermaid in their curriculum.…