Tag: The Walt Disney Company
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Hulu to Raise Prices in October
This October Hulu will be raising prices. Starting on October 8, prices will go up. This increase comes after Disney’s other streaming services have seen price increases recently. The basic ad-supported level of Hulu will soon be $6.99 per month. The add-free level will be $12.99, up from its current price of $11.99 per month.…
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Magic Keys and Harmonious Anthems – DISNEY Reporter
Welcome to the DISNEY Reporter! Each week the top five stories of the week on DAPS MAGIC are shared for an overview of what is going on in the Disney and geek world. This week there was a lot of news to cover so stop by and check out all that is going on beyond…
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The Cruise Has Arrived – DISNEY Reporter
Welcome to the DISNEY Reporter! Each week we share the top five stories from the world of Disney and geek. This week there were no shortages of stories. First off, Disney is requiring non-union and salaried employees to get vaccinated. The company is also in discussions with union leaders about how this can be implemented…
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Disney to Require U.S. Salaried And Non-Union Hourly Employees to Be Vaccinated
The Walt Disney Company will soon require all United States-based salaried and non-union hourly employees to be vaccinated. Disney is also in discussion with union leaders as well for this requirement. It comes as the pandemic is in the midst of a surge across much of the United States. As the Delta variant continues to…
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Disney Responds Strongly to Scarlett Johansson’s Black Widow Lawsuit
Disney is taking a stand today in its decision to release Black Widow in both theaters and on Disney+ with Premier Access concurrently. Today, in response to a lawsuit from Scarlett Johansson, The Walt Disney Company responded strongly against her lawsuit alleging a breach of contract because of this release. Disney stated that the lawsuit…
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The Walt Disney Company Garners 166 Emmy Nominations
The Walt Disney Company proudly announces an impressive 166 nominations across 85 categories and 38 titles for the 73rd Primetime Emmy® Awards. While the Television Academy announced the attributed total number as 146, the Company additionally recognizes all the programming produced for third party platforms and by all its production and studio entities. For the…
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The Walt Disney Company To Participate In The Credit Suisse 23rd Annual Communications Conference
BURBANK, Calif., June 7, 2021 – Bob Chapek, Chief Executive Officer, The Walt Disney Company (NYSE: DIS), will participate in a virtual question-and-answer session at the Credit Suisse 23rd Annual Communications Conference on Monday, June 14, 2021 at approximately 12:05 p.m. PT/ 3:05 p.m. ET. To watch the webcast, please visit www.disney.com/investors. The webcast presentation will be…
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Amy Chang And Calvin McDonald Elected To The Walt Disney Company Board Of Directors
BURBANK, Calif., May 27, 2021 – The Walt Disney Company (NYSE: DIS) Board of Directors announced the election of two new directors: Amy Chang, veteran technology executive, and Calvin McDonald, Chief Executive Officer of global athletic apparel company lululemon athletica inc. (NASDAQ: LULU). The elections of Ms. Chang and Mr. McDonald are effective immediately. “Amy…
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Disney CEO Bob Chapek Drops Hints About Future for Disneyland Legacy Passholders
Since the Disneyland Resort suspended the Annual Pass program, many have wondered what will be replacing it. Currently, former Annual Passholders who had a pass when the parks closed last year are considered Legacy Passholders. With this, they are able to utilize some discounts and other perks that were once offered to those with an…
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Face Coverings Could Be Leaving Walt Disney World Soon as Capacity Increases
Today was the earnings call for The Walt Disney Company. During the call, Disney CEO Bob Chapek shared about what the future looks like for wearing face coverings at Walt Disney World Resort. He also shared about capacity increasing. The call came on the same day that the CDC released new guidelines for masks. The…
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The Walt Disney Company Reports Second Quarter and Six Months Earnings for Fiscal 2021
BURBANK, Calif.–The Walt Disney Company (NYSE: DIS) today reported earnings for its second fiscal quarter ended April 3, 2021. Diluted earnings per share (EPS) from continuing operations for the quarter increased to $0.50 from $0.26 in the prior-year quarter. Excluding certain items(1), diluted EPS for the quarter increased 32% to $0.79 from $0.60 in the…
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Paul Richardson Named Chief Human Resources Officer Of The Walt Disney Company, Effective July 1
BURBANK, Calif., April 29, 2021—Paul Richardson has been named Senior Executive Vice President and Chief Human Resources Officer of The Walt Disney Company, effective July 1, it was announced today by Bob Chapek, Chief Executive Officer. Mr. Richardson, who is currently Senior Vice President, Human Resources for ESPN and was Disney’s first Chief Diversity Officer,…
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Disney, ESPN, and NFL Announce Long-Term Deal That Includes Super Bowls
The Walt Disney Company, ESPN, and the National Football League have reached a long-term agreement that spans 10 years. It allows for more postseason games on ABC/ESPN including the joining of the Super Bowl Rotation. It also provides for exclusive ESPN+ content, more regular-season matchups including Monday Night Football, and more. The deal was announced…
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The Walt Disney Company Executives To Discuss Fiscal Second Quarter 2021 Financial Results Via Webcast
BURBANK, Calif., March 15, 2021 – The Walt Disney Company (NYSE: DIS) will discuss fiscal second quarter 2021 financial results via a live audio webcast beginning at 4:30 p.m. ET / 1:30 p.m. PT on Thursday, May 13, 2021. Results will be released after the close of regular trading on May 13, 2021. To listen…
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Shareholders Re-Elect Ten Directors At The Walt Disney Company Annual Meeting
BURBANK, Calif., March 9, 2021 – Shareholders of The Walt Disney Company (NYSE:DIS) re-elected all ten members of the Board of Directors at the virtual 2021 Annual Meeting held today. Based on preliminary results, all Disney Directors standing for election were elected to the Board: Susan E. Arnold, Mary T. Barra, Safra A. Catz, Robert…
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It’s Not an April Fools’ Joke – DISNEY Reporter
Welcome to another edition of DISNEY Reporter! This week, there is a lot of ground to cover with the top five stories of the week from DAPS MAGIC. The first story could seem like an April Fools’ Joke, but it isn’t. California announced updated guidelines this week that could enable theme parks, including Disneyland, to…
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With More Focus Online, Disney to Shutter at Least 60 Disney Store Locations
On Wednesday Disney announced that it would be closing at least 60 of its North American Disney Store locations, or over 20% of its brick and mortar Disney Stores. This comes as Disney continues to focus on its online shopping experiences. Disney cited changing consumer habits as the primary reason for the change. The stores…
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Exhibition Celebrating 100 Years of The Walt Disney Company to Launch in 2023
The Walt Disney Company partners with SC Exhibitions on a production marking a century of Disney innovation and inspiration. PHILADELPHIA – March 3, 2021 – In celebration of the centennial of The Walt Disney Company, SC Exhibitions has begun production on an exhibition that showcases the company’s history and rich legacy, to premiere at…
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Expect COVID Precautions to Continue Through the Rest of the Year at Disney Parks
Guests visiting Disney Theme Parks should expect to be wearing face masks, socially distancing, and continuing with other safety measures when they visit through the end of the year. Bob Chapek commented on the matter during an earnings call this week. “We have no doubt that when we reopen up in parks that were closed,…
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The Walt Disney Company Reports First Quarter Earnings for Fiscal 2021
BURBANK, Calif. — The Walt Disney Company (NYSE: DIS) today reported earnings for its first fiscal quarter ended January 2, 2021. Diluted earnings per share (EPS) from continuing operations for the quarter decreased 98% to $0.02 from $1.17 in the prior-year quarter. Excluding certain items,(1) diluted EPS for the quarter decreased 79% to $0.32 from $1.53…
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Blue Sky Studios Being Shut Down by Disney
Blue Sky Studios is being shut down by The Walt Disney Company. The animation wing of 20th Century Fox which Disney recently acquired was behind movies like Ice Age (and its subsequent sequels) The Peanuts Movie, Dr. Seuss’ Horton Hears a Who!, and 2019’s Spies in Disguise. Disney confirmed the news to Deadline saying, “Given the current…
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New Series Focused on Wakanda Coming to Disney+ as Ryan Coogler Inks Deal with Disney
Ryan Coogler’s Proximity Media has inked a deal that will have it working exclusively with The Walt Disney Company for the next five years and also developing a series for Disney+ focused on the Kingdom of Wakanda. With this deal, Ryan Coogler and Proximity Media team members Zinzi Coogler, Sev Ohanian, Ludwig Göransson, Archie Davis…
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No Bonuses for Top Executives as Pandemic Continues to Hamper Disney’s Business Efforts
As COVID-19 continues to have a major impact on the business endeavors of The Walt Disney Company, top executives did not receive cash bonuses for the most recent fiscal year. The result of this is that overall compensation was much lower for Disney’s top executives, where pay is based on performance over base salaries. Bob…
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The Walt Disney Company Executives To Discuss Fiscal First Quarter 2021 Financial Results Via Webcast
BURBANK, Calif., January 6, 2021 – The Walt Disney Company (NYSE: DIS) will discuss fiscal first quarter 2021 financial results via a live audio webcast beginning at 4:30 p.m. ET / 1:30 p.m. PT on Thursday, February 11, 2021. Results will be released after the close of regular trading on February 11, 2021. To listen…