Articles tagged “disney”

Disney Will Open Its New Star Wars Expansions Early to Meet Demand

Disney Will Open Its New Star Wars Expansions Early to Meet Demand

Hannah Sampson, Skift

Disney's new Star Wars additions will open earlier than expected, but one big piece will be missing. Will fans flock to be first or wait until everything is operational?

2 weeks ago

Disney Doesn’t Plan to Spend a Fortune Promoting New Star Wars Attractions

Disney Doesn’t Plan to Spend a Fortune Promoting New Star Wars Attractions

Hannah Sampson, Skift

Disney's CEO seems to expect the company's upcoming Star Wars lands to basically sell themselves. He's probably right, but we still expect to hear plenty about Galaxy's Edge in the coming months.

1 month ago

Disney Is Expanding Its New Shanghai Theme Park — Again

Disney Is Expanding Its New Shanghai Theme Park — Again

Hannah Sampson, Skift

Disney has been talking about expanding its Shanghai theme park complex since before the doors officially opened. Despite a rough patch last year, the company is clearly optimistic about the market's future.

2 months ago

Disney Hikes Prices in California Parks Ahead of Star Wars Opening

Disney Hikes Prices in California Parks Ahead of Star Wars Opening

Christopher Palmeri , Bloomberg

Over the past couple of years Disney has tweaked its pricing strategy across its parks to reflect consumer demand and with Star Wars: Galaxy’s Edge attraction opening this summer it has another reason to step up its crowd control planning.

3 months ago

6 Top Theme Park Industry Developments of 2018

6 Top Theme Park Industry Developments of 2018

Hannah Sampson, Skift

Theme parks got more creative with loyalty and pricing, ramped up their building boom, and took steps to raise employee wages in 2018. One operator mounted a turnaround, while another struggled to meet expectations. Here are some highlights from a year of strategic twists and turns.

3 months ago

Disney Makes CEO Bonus Target Harder to Reach

Disney Makes CEO Bonus Target Harder to Reach

Anders Melin, Bloomberg

Disney CEO Bob Iger has extended his contract multiple times, and he's poised to reap a windfall when he finally leaves the company — in addition to the cash he's pulling in during the rest of his tenure. Shareholders showed this year that they weren't happy with his compensation plan, and the board has responded.

4 months ago

Disney’s Paris Operations Are a Target of French Tax Investigation

Disney’s Paris Operations Are a Target of French Tax Investigation

Gaspard Sebag, Bloomberg

This is a complicated case, but one thing is clear: Disney isn't happy French investigators raided its Paris offices, and authorities don't seem to care all that much about what the entertainment giant has to say.

4 months ago

Disney and Fox Face Suit for Dropping Planned Fox World Theme Park

Disney and Fox Face Suit for Dropping Planned Fox World Theme Park

Christopher Palmeri and Edvard Pettersson, Bloomberg

Fox World aimed to be a key attraction near Kuala Lumpur. But Disney and Fox dropped the theme park. Genting, a casino operator that had bet big on the project, is seeking damages of $1 billion. From the outside, it's impossible to judge if the suit has merit.

4 months ago

Disney CEO Still Bullish on China Despite Shanghai Park Slump

Disney CEO Still Bullish on China Despite Shanghai Park Slump

Hannah Sampson, Skift

Disney had to lower ticket prices to boost attendance at its two-year-old Shanghai park, but that's not the story at most properties around the world. The company saw its overall theme park revenue jump 9 percent in its fiscal fourth quarter.

4 months ago

Disney Is Spending $20 Million to Keep Florida Gambling in Check

Disney Is Spending $20 Million to Keep Florida Gambling in Check

Jonathan Levin, Bloomberg

Gambling companies have long wanted to expand in Florida. Disney, a major force in the state's economy, has been opposed. In the battle of the ballot measure this November, our money is on the mouse.

5 months ago

Disney World’s Latest Pricing Changes Take Aim at Crowd Control

Disney World’s Latest Pricing Changes Take Aim at Crowd Control

Hannah Sampson , Skift

Disney shifted to seasonal pricing a couple of years ago, and the entertainment giant is drilling down even more with the latest changes. Visitors will likely grumble at the more complicated new system, but we don't expect Disney's business to suffer.

6 months ago

Disney’s Florida Workers Are Voting on a Proposed Minimum Wage Boost to $15

Disney’s Florida Workers Are Voting on a Proposed Minimum Wage Boost to $15

Mike Schneider, Associated Press

If the contract is approved, this wage increase will cost Disney. But the entertainment giant is hugely profitable, in large part thanks to its theme parks — and its workers are crucial to the guest experience. Better-paid, happier workers will be good for the company and its customers.

7 months ago