Articles tagged “disney”

Disney Drops $52 Billion to Buy Bulk of Fox Entertainment Empire

Disney Drops $52 Billion to Buy Bulk of Fox Entertainment Empire

Anousha Sakoui , Bloomberg

While this deal is all about the entertainment assets, it will have a meaningful impact on theme parks because Disney gets a whole new universe of intellectual property and characters to work with. CEO Bob Iger — who knows his way around major acquisitions and theme park integrations — is now sticking around until 2021 to see this one through.

1 month ago

Disney Skyliner Gondolas Will Connect Theme Parks and Hotels

Disney Skyliner Gondolas Will Connect Theme Parks and Hotels

Associated Press

Hoteliers with properties on-site at Disney parks will welcome these new gondola connections. Guests will be able to beat some of the crowds and commute in style.

1 month ago

Tokyo Disney Is Reportedly Getting a $2.7 Billion Expansion

Tokyo Disney Is Reportedly Getting a $2.7 Billion Expansion

Lisa Du, Bloomberg

Tokyo Disney Resort is already a popular piece of the Disney empire, and spending billions to add attractions and make improvements will only help drive more attendance and spending. Castles need a little polish every now and then.

2 months ago

Disney Theme Parks Boss Could Be Tapped as Next CEO

Disney Theme Parks Boss Could Be Tapped as Next CEO

Christopher Palmeri, Bloomberg

Disney's board has been searching for a new CEO for more than a year and a half. Meanwhile, Bob Chapek has been steering the company's theme parks and resorts division to healthy growth. Is it any surprise he's being considered for the top job?

2 months ago

Disneyland Cuts Annual Passes for Locals Before Star Wars Crowds Arrive

Disneyland Cuts Annual Passes for Locals Before Star Wars Crowds Arrive

Christopher Palmeri, Bloomberg

Disney has been tweaking its pricing to better control visitor numbers so it's no surprise that approach extends to annual passes. The risk in this case is that the change will anger locals who might have otherwise visited repeatedly.

2 months ago

Disney Is Hiking Its Spending on Park Projects by Nearly $1 Billion

Disney Is Hiking Its Spending on Park Projects by Nearly $1 Billion

Hannah Sampson, Skift

Disney's $4 billion purchase of Lucasfilm and the Star Wars franchise five years ago is the deal that keeps on giving — and costing, given all the additional investment in store. The entertainment giant clearly sees a future full of big returns on that investment.

2 months ago

Disney-Universal Theme Park Wars Are Going to the Dogs

Disney-Universal Theme Park Wars Are Going to the Dogs

Hannah Sampson, Skift

Universal is working to get vacationers to spend more time at their hotels and parks, and they likely had an advantage with dog owners. It's smart for Disney to make some of its hotels dog-friendly — and we wonder what this trial will lead to.

3 months ago

5 Top Theme Park Trends Dominating the Season

5 Top Theme Park Trends Dominating the Season

Hannah Sampson, Skift

From water parks to overseas investment, theme park operators are coming up with new ways to grow their business. One common thread: Find brands that have a built-in customer base and use them to attract new visitors.

4 months ago

Disney CEO Is Taking Business Disruption Seriously

Disney CEO Is Taking Business Disruption Seriously

Hannah Sampson, Skift

Disney often sticks to its happiest-place-on-earth script, so it's refreshing to hear the CEO talk somewhat frankly about the forces disrupting all parts of his business — and how the company is responding.

4 months ago

Walt Disney World Characters Are Rebelling Against the Teamsters

Walt Disney World Characters Are Rebelling Against the Teamsters

Mike Schneider, Associated Press

"Who's the leader of the club that's made for you and me." Well, Mickey Mouse, the Seven Dwarves, and many other Walt Disney World characters, who start at $10 an hour, may be fed up with their Teamsters union leadership. An opposition slate is forming to challenge the leadership of Local 385, which is highly influential in central Florida tourism and transportation.

5 months ago

Disney Isn’t Seeing Much Impact From Avatar Land Just Yet

Disney Isn’t Seeing Much Impact From Avatar Land Just Yet

Hannah Sampson, Skift

Disney has a strong lineup of coming attractions at its theme parks in the U.S., but we'd like to know how the newest addition is doing. Executives didn't provide much detail in a call with analysts Tuesday.

5 months ago

Disney’s New Star Wars Hotel Sounds Like Next-Level Immersion

Disney’s New Star Wars Hotel Sounds Like Next-Level Immersion

Hannah Sampson, Skift

Disney wowed everyone with this announcement. Now fans of the theme park company and Star Wars wait for the execution — and the price tag.

5 months ago