Articles tagged “disney”

Disney and Universal Keep Building So Visitors Stay Longer and Spend More

Disney and Universal Keep Building So Visitors Stay Longer and Spend More

Hannah Sampson, Skift

Disney and Universal keep fighting for visitors — and more tourist dollars. Will new attractions be enough to attract newcomers and repeat business alike?

3 days ago

Shanghai Disney Is Smashing Expectations as One-Year Mark Nears

Shanghai Disney Is Smashing Expectations as One-Year Mark Nears

Hannah Sampson, Skift

Disney's theme park results were strong for the quarter, but its pipeline of projects around the world show the company has much bigger ambitions.

3 weeks ago

Disney’s Newest Land Is Meant to Add a Literal Glow to Animal Kingdom

Disney’s Newest Land Is Meant to Add a Literal Glow to Animal Kingdom

Hannah Sampson, Skift

Disney's Animal Kingdom needed more attractions to get visitors to stay longer, but will Avatar be the key to boosting the park's popularity?

1 month ago

Disney CEO Agrees to Extend His Contract Until 2019

Disney CEO Agrees to Extend His Contract Until 2019

Christopher Palmeri, Bloomberg

This announcement that Bob Iger is sticking around at Disney an extra year is hardly surprising; he changed his previous tune and said he would be willing to extend his contract earlier this year. With a little extra time to play with, when will the company name his successor?

2 months ago

Theme Parks Want You to Sit on a Couch Instead of Wait in Line

Theme Parks Want You to Sit on a Couch Instead of Wait in Line

Mike Schneider, Associated Press

Theme parks have been finding ways for the last several years to help visitors cut to the front of lines or at least endure the wait with distracting games. Eliminating queues altogether will take some logistical heavy lifting, but we bet the effort would pay off with guests spending more money in their newfound free time.

2 months ago

Disney Agrees to Pay Workers $3.8 Million In Back Wages and Costume Fees

Disney Agrees to Pay Workers $3.8 Million In Back Wages and Costume Fees

Josh Eidelson, Bloomberg

Disney, a company that reported $55.6 billion in 2016 revenue should, should be ashamed of treating its workers so shabbily that it was forced to pay a penalty of $3.8 million for trying to cut some corners.

2 months ago

Disney CEO Says Serving on Trump Advisory Panel Is Good for the Company

Disney CEO Says Serving on Trump Advisory Panel Is Good for the Company

Christopher Palmeri, Bloomberg

One thing that didn't come up at the annual meeting: Whether CEO Robert Iger will stick around at the entertainment giant after his contract is up next year. With no replacement yet named, an extension for Iger looks increasingly like a possibility.

3 months ago

Does Disney CEO Bob Iger Want to Run the Country?

Does Disney CEO Bob Iger Want to Run the Country?

Hannah Sampson, Skift

The election of Donald Trump shows that a CEO can mount a successful run for president, though reality TV stardom also helps. If Bob Iger is serious about a future in politics, we expect Disney to name a successor soon and free him up to focus on campaigning.

3 months ago

Hong Kong Disneyland Earnings Drop in Tandem With Tourism Numbers

Hong Kong Disneyland Earnings Drop in Tandem With Tourism Numbers

Associated Press

Disney can afford to play the long game with its partner in Hong Kong. Now it just needs the tourists to play along.

3 months ago

Disney Is Hiking Ticket Prices at Domestic Theme Parks Yet Again

Disney Is Hiking Ticket Prices at Domestic Theme Parks Yet Again

Christopher Palmeri, Bloomberg

Disney's last earnings report showed that theme parks made more money despite lower attendance, so we don't expect the latest ticket price increase to hurt the bottom line.

4 months ago

Attendance Is Down at Disney’s U.S. Parks But New Attractions Are on the Way

Attendance Is Down at Disney’s U.S. Parks But New Attractions Are on the Way

Hannah Sampson, Skift

Theme parks were the best performers during the first fiscal quarter despite some attendance declines, and Disney has a pipeline of new openings in the coming years that should keep the segment comfortably in positive territory.

4 months ago

Disney Deep Dive: The Economics of Hong Kong Disneyland Resort

Disney Deep Dive: The Economics of Hong Kong Disneyland Resort

Dave Montali, Skift

Disney's international parks act as key consumer touch-points that drive brand awareness and cross-monetization of content in new markets. Macroeconomic issues in outbound mainland China tourism have impacted Hong Kong recently, but those pressures are abating and new park expansion projects should stabilize attendance trends.

4 months ago