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Tag: bob iger

Exec Says There’s “No Doubt” He Was Fired for Disagreeing with Disney Leadership

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The Walt Disney Company is in the midst of some major layoffs right now. During a recent earnings call, Disney CEO Bob Iger announced that thousands of jobs would be cut as the company works to cut costs.

©Disney | Walt Disney Company Headquarters

The layoffs began in late March 2023, and several executives lost their jobs as a result. Those job cuts have meant that an entire division of the company was eliminated, and a couple of major projects have been scrapped. Disney has stated that these job cuts are part of a huge effort to cut $5.5 billion in spending, but one Marvel executive claims that there’s a different reason why Disney fired him. [Read more…]

Date Announced for Disney’s Next Big Earnings Report

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It’s almost that time again!

©Disney

In February, Disney held its Q1 2023 earnings call — and we learned about the state of Disney+, how much money the parks were bringing in, and Disney’s plans to cut spending by $5.5 billion. Pretty big news! Well, get ready folks, it’s almost time for the NEXT earnings call.

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CEO Bob Iger Responds To Accusations of Disney “Collaborating With Predators”

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Disney has been caught in a number of battles lately, and now Bob Iger has spoken up on a few of them.

©Disney

When it comes to the Reedy Creek Improvement District drama and Disney’s battles with Governor DeSantis, Iger shared that some of DeSantis’ actions were “anti-business” and “anti-Florida.” And now Iger has responded to some more general criticism Disney has received about agenda-driven content.

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Bob Iger Announces 13,000 New Jobs Will Come to Disney World

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On top of Disney’s battle with DeSantis over the Reedy Creek District (now called the Central Florida Tourism Oversight District), Disney has been in the news for its large amount of layoffs.

Spaceship Earth in EPCOT

In 2022, former Disney CEO Bob Chapek announced a hiring freeze and when Bob Iger took over as CEO in November, he confirmed that this planned hiring freeze would still happen. Recently, though, Disney has started its first wave of layoffs from the company including some executives. Now, though, we have an update on the future of jobs at Disney World.

[Read more…]

NEWS: Disney CEO Bob Iger Confirms Premier Annual Pass Will NOT Be Coming Back

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Disney’s annual passes have changed a lot over the years, but we just got a big update on one pass type.

Enchantment

No, it’s not about the potential for sales of new Annual Passes in Disney World. And it’s not about the price increases that have hit Disney World’s Annual Passes or even the Annual Passholder lawsuits related to Park Passes. This update is about a particular pass type you may have never realized was an option a while ago.

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“Anti-business” and “Anti-Florida” — Disney CEO Bob Iger Comments on DeSantis Actions

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We’ve been following the feud between The Walt Disney Company and Florida’s Governor Ron DeSantis, and recent times have yielded lots of interesting updates.

©Governor Ron DeSantis Website

A new Board of Supervisors appointed by Florida Governor DeSantis has met regarding the future of Disney’s Reedy Creek Improvement District (now called the Central Florida Tourism Oversight District) and they’ve recently discovered an agreement that was signed by Disney and the old Board that grants Disney quite a lot of power over certain decisions within the District moving forward. The new Board has threatened legal action and the Florida Governor has ordered an investigation into Disney’s agreements, all while Disney has defended the agreement. And now Disney CEO Bob Iger has commented on the situation.
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Bob Iger Shares NEW Look Inside the Moana Attraction Coming to EPCOT

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We know we’re not the only ones excited about EPCOT’s transformation.

Spaceship Earth

One new attraction coming to the park is Journey of Water — Inspired by Moana. While we’ve heard details about this attraction before, we just got some new information you won’t want to miss!

[Read more…]

NEWS: Gov. Ron DeSantis Orders Investigation Into Disney’s Reedy Creek District

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There is a lot going on between Disney’s Reedy Creek District (now called the Central Florida Tourism Oversight District) and Florida Governor Ron DeSantis.

Reedy Creek

On March 29th, 2023, the new Board of Supervisors that was appointed by DeSantis met for a second time to discuss several aspects of the District. The Board considered challenging some of the agreements with Reedy Creek’s former board that were approved before the new board took over and even threatened a lawsuit. Disney and DeSantis have gone back and forth commenting on the situation and now we’ve got another update.

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The REAL Reason Why Bob Iger Made His Biggest “Mistake”

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Since Bob Iger returned as CEO of Disney, we’ve seen quite a few changes follow.

©Alberto E. Rodriguez / Getty Images

He was likely brought in for a number of reasons, one of which is that he is widely viewed as one of the best CEOs Disney has ever seen. Under Iger, Disney became the entertainment powerhouse it is today — though some believe Disney’s acquisition of Fox was a mistake. But, was it really?

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Two BIG Announcements We’re Expecting from Disney Next Week

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If you can’t get enough Disney news — you’ve come to the right place at the right time.

Magic Kingdom

In the midst of new rides suddenly opening early, job cuts, executive shakeups, and more, keeping up with all the announcements is a full-time job. It happens to be our job, though, and we’re always looking out for the latest updates. An important event is taking place next week and we’re expecting some pretty huge announcements from Disney!

[Read more…]

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