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Disney CEO Bob Iger Reveals 4 Building Blocks For Reviving Mouse House: 'Move Beyond This Period Of Fixing'
Thursday, November 9, 2023 - 2:40am | 695Walt Disney Co.’s (NYSE:DIS) shares have been languishing at depressed levels as the entertainment giant grapples with economic and industry-specific challenges. Following the release of fourth-quarter results, Disney veteran Bob Iger, who was brought back to helm the company amid trying...
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Disney Shanghai Park Opens And Shuts Down Within 4 Days As China COVID-19 Woes Bite
Tuesday, November 29, 2022 - 3:03am | 379Walt Disney Company’s (NYSE: DIS) Shanghai theme park continues to suffer due to the evolving COVID-19 situation in China. What Happened: The Shanghai Disney Resort announced that it was temporarily closing down, starting Tuesday, and will notify guests as soon as it gets clearance for...
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Disney May Track Your Theme Park Preferences To Tailor Digital And Real-World Experiences Accordingly
Thursday, October 27, 2022 - 7:23am | 388The next time you visit a Walt Disney Co. (NYSE: DIS) park and take a ride, don't be surprised if you find that your experience has been replicated in your Disney Plus viewing history. What Happened: During The Wall Street Journal’s Tech Live conference, Disney CEO Bob Chapek said the...
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Jeff Bezos Goes To Disneyland: Here's Why Fans Are Mocking Amazon Founder
Tuesday, July 5, 2022 - 2:14pm | 733The cost of going to Disneyland has gone up over the years. The world’s second-richest person is likely unfazed by the higher cost to go to the theme park labeled the “happiest place on Earth.” Here’s what Bezos did at Disneyland and why some people are poking fun at photos...
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After 27.5% Drop In Disney Shares, Could Bob Chapek Be On His Way Out As The Mouse's CEO?
Monday, June 27, 2022 - 5:56pm | 753A struggling stock price and controversies surrounding one of the largest media companies could lead to the very public exit of a CEO. Investors could get more clarity soon on where the future of The Walt Disney Company (NYSE: DIS) is headed with or without CEO Bob Chapek. What Happened: Tasked...
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EXCLUSIVE: Genius Brands Signs 20-Year Deal With Marvel Studios For Stan Lee License
Wednesday, May 18, 2022 - 8:15am | 504Genius Brands (NASDAQ: GNUS) has signed a 20-year deal with Marvel Studios that will see the Walt Disney Co NYSE: DIS)-owned brand license the Stan Lee name and likeness from Stan Lee Universe LLC, a venture of Genius Brands and POW! Entertainment. Marvel Studios is licensing Stan Lee for use in...
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Disney Q2 Earnings Highlights: Parks Segment Up 110%, Disney+ Hits 137.7M Subs And More
Wednesday, May 11, 2022 - 4:44pm | 627Walt Disney Co (NYSE: DIS) reported second-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Disney reported revenue of $19.3 billion for the second quarter, which beat a consensus estimate of $18.9 billion, according to data from...
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Have You Ever Wanted To Live Inside A Disney Park Or Fairytale? New Real Estate Development Could Make That A Reality
Thursday, February 17, 2022 - 3:50pm | 585Walt Disney Co (NYSE: DIS) has its eyes set on real estate as another area of growth for the company in the future. What Happened: Storyliving by Disney was unveiled by Josh D’Amaro, the chairman of Disney Parks, Experiences and Products, in a video highlighting the first location and future...
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Disney Launches All-In-One Genie App To Enhance Experience Of Park Visitors
Thursday, August 19, 2021 - 4:05am | 317Walt Disney Co. (NYSE: DIS) has launched Genie, a new app for visitors to its theme parks in the United States. What Happened: The company said that Disney Genie, a free digital trip-planning tool, will be built into the My Disney Experience and the Disneyland apps. The service, to be launched this...
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Disney Furloughs More Theme Park Workers In California: Report
Tuesday, November 10, 2020 - 2:17am | 287Walt Disney Co (NYSE: DIS) is furloughing employees at its Southern California theme park in addition to the previously-announced 28,000 job cuts, according to Reuters. Executives, salaried employees, and hourly workers would be reportedly affected but the exact number is unknown. What...
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Disney's New Robot Is Skinless — And It Blinks
Monday, November 2, 2020 - 4:56am | 444The Walt Disney Company (NYSE: DIS) has developed a robot that can mimic the “illusion of life” by making human-like eye movements — although the eerie animatronic figure is yet to acquire a skin. What Happened: The humanoid robot torso, dressed in a shirt, is capable of mimicking...
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Disney To Let Go 28,000 Theme Park Workers As Pandemic Forces 'Difficult Decisions'
Wednesday, September 30, 2020 - 12:18am | 320Walt Disney Co (NYSE: DIS) theme parks are still dealing with the impact of lockdown and the company is forced to slash around 28,000 jobs, it said in an internal memo accessed by CNBC. Josh D’Amaro, head of parks at Disney, in the memo said that approximately two-thirds of the...
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Bank Of America's 6 Takeaways From Disney's Q3
Wednesday, August 8, 2018 - 9:47am | 403Walt Disney Co (NYSE: DIS) reported fiscal third-quarter earnings Tuesday that fell short of the Street's expectations, but were ahead of what Bank of America Merill Lynch modeled. The Analyst Bank of America's Jessica Reif maintained a Buy rating on Disney's stock with an...
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Media Analyst Explains How Disney Can Ease Investor Concerns
Friday, July 14, 2017 - 9:53am | 409Walt Disney Co (NYSE: DIS) is suffering from a secular change in its television business, but the company has plenty of tools at its disposal, Barton Crockett of FBR Capital Markets said during CNBC's "Squawk Box" segment on Friday. The problem for Disney is, at its core, the company is a...
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Bob Iger On Shanghai: Greatest Opportunity For Disney Since Walt Bought Land In Florida
Wednesday, June 15, 2016 - 10:31am | 330Walt Disney Co (NYSE: DIS) will open its multi-billion dollar theme park in Shanghai, China, and will face stiff competition from Wanda Group, the country's largest private property developer that plans on opening 15 to 20 of their own theme parks across the country. Putting aside the...