Articles tagged “disney”

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 days 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.

4 weeks 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.

2 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.

2 months ago

National Geographic’s Travel Arm Expands Ahead of Disney Takeover

National Geographic’s Travel Arm Expands Ahead of Disney Takeover

Hannah Sampson, Skift

We're eager to see what happens when two well-known brands join forces next year. Could we see a National Geographic Expeditions–Adventures by Disney mashup?

3 months ago

Disney’s U.S. Parks Got a Boost From Consumers Spending More on Everything

Disney’s U.S. Parks Got a Boost From Consumers Spending More on Everything

Hannah Sampson , Skift

Disney's parks and resorts segment got help from domestic parks, where customers spent more to get in, eat, shop, and sleep. With new expansions opening next year, expect that revenue to keep on rising.

3 months ago

Disney Will Lift Starting Pay to $15 at California Parks

Disney Will Lift Starting Pay to $15 at California Parks

Christopher Palmeri, Bloomberg

For a business that puts happiness front and center, it was a bad look to be fighting with workers over pay. Now that the California contract is settled, will Florida follow soon?

4 months ago

Star Wars Is Disney’s New Hope to Transform Its Movie-Themed Park

Star Wars Is Disney’s New Hope to Transform Its Movie-Themed Park

Hannah Sampson, Skift

Disney's Hollywood Studios has been a work in progress for the last two decades. With Toy Story Land and Star Wars taking center stage, executives believe the park is finally coming into its own.

4 months ago

New Toy Story Land Shows Disney Isn’t Playing With Theme Park Competitors

New Toy Story Land Shows Disney Isn’t Playing With Theme Park Competitors

Hannah Sampson, Skift

Disney's Hollywood Studios in Florida should become more of a destination in its own right with the addition of Toy Story Land. Will that help ease the crowds at other parks — and keep guests staying at Disney longer?

5 months ago

Disney Makes $15 an Hour Starting Pay Offer for California Park Employees

Disney Makes $15 an Hour Starting Pay Offer for California Park Employees

Christopher Palmeri, Bloomberg

It's not a good look for Disney that some park employees struggle to afford housing, as surveys have shown. These negotiations have been tough, and Disney would have to raise salaries to $15 an hour by 2022 anyway. Will this offer be enough to get the union on board?

5 months ago

Orlando Theme Parks Are Rolling Out New Rides as They Battle for Visitors

Orlando Theme Parks Are Rolling Out New Rides as They Battle for Visitors

Mike Schneider, Associated Press

Theme parks realize they need to keep adding more reasons for visitors to come back. That means operators are investing billions over the next several years — and attendees can expect higher prices at the gate.

6 months ago

Disney and Universal See Big Gains in Orlando After Major Expansions

Disney and Universal See Big Gains in Orlando After Major Expansions

Hannah Sampson, Skift

Orlando remains a battleground for the world's largest theme park operators, but attendance is growing around the world — and the biggest companies are trying to win audiences all over.

6 months ago