theme parks

Walt Disney Co. (NYSE:DIS) and other theme park operators, which have had lukewarm summer attendance, are gearing up to put the worst behind them and look ahead to the fall with optimism. What Happened: Disney, Cedar Fair L.P. (NYSE:FUN), which owns Dorney Park, Six Flags Entertainment Corp. (NYSE:...

Media and theme park giant Walt Disney Co (NYSE: DIS) announced plans to increase spending for its theme parks, experiences and products segment. The company said it will “nearly double” investments made for the segment over the next 10 years with a total of $60 billion. An...

Investors were pleased when they heard Bob Iger returned to the CEO role of Walt Disney Co. (NYSE: DIS), a move that saw shares trade higher in November 2022. A new report detailed the huge rift between Iger and former Disney CEO Bob Chapek, including a fight over who would get an...

Media giant The Walt Disney Company (NYSE: DIS) is set to report third-quarter financial results after the market close Wednesday. Here are the earnings estimates, analyst ratings and key items for investors to watch. Earnings Estimates: Analysts expect Disney to report revenue of $21.82...

Walt Disney Co’s (NYSE: DIS) theme parks, primarily the Walt Disney World Resort in Orlando, Florida, and Disneyland Resort in Anaheim, California, are seeing their quietest stretch in a decade, according to a recent report from the Wall Street Journal. The report cites data from a travel...

Luke Skywalker, Darth Vader, Boba Fett, and Yoda are all iconic characters that have captivated audiences through film and television. The acquisition of Lucasfilm, the parent company of the Star Wars franchise, is regarded as a pivotal strategic move for The Walt Disney Company (NYSE: DIS). Let...

Regional theme parks are in focus as they gear up to announce their earnings in early May. Valuations in this segment are significantly below their pre-COVID-19 pandemic levels and lower than other consumer sectors, according to Morgan Stanley. The Media & Entertainment Analyst: Thomas Yeh...

A battle between one of the largest media companies and a presidential hopeful could be heating up with a clause in a contract found and causing an increased battle. And, here’s how King Charles III is involved in the clause. What Happened: Florida governor and presidential hopeful Ron...

An event highlighting a much anticipated theme park attraction from the Walt Disney Company (NYSE: DIS) may have unknowingly promoted a cryptocurrency. What Happened: Disney has gotten a boost from the performance of its theme parks, helped by guests returning in the post-pandemic world and...

Media giant The Walt Disney Company (NYSE: DIS) reported first-quarter financial results after market close Wednesday. The company will be slashing 7,000 positions as it reorganizes into three new divisions - Disney Entertainment, ESPN, and Parks, Experiences and Products, CEO Bob Iger...

One of the leading theme park companies in the world has seen its revenue recover after the lifting of COVID-19-related restrictions and park shutdowns. While revenue has turned around, the company’s share price has not, which might be a factor in a recent decision that won’t sit well...

Media giant The Walt Disney Company (NYSE: DIS) reported fourth quarter financial results after market close Tuesday. Analysts break down what to make of the quarter that saw revenue and earnings per share both come in shy of Street estimates. The Analysts Morgan Stanley analyst Benjamin Swinburne...

The wizarding world of Harry Potter has spawned a bestselling book series, high-grossing movies, theme parks and a strong licensed brand. The author of the book has become one of the best-known writers in the world, but has faced increasing backlash for insensitive comments. What Happened: The...

Florida and other nearby states are bracing for Hurricane Ian, which is expected to make landfall in the U.S. on Wednesday, Sept. 28, 2022. Here is a look at what theme parks, cruise lines and sports are doing to prepare for the storm. Hurricane Ian:  Tampa Bay, St Petersburg and the...

Video game company Embracer Group AB (OTC: THQQF) is purchasing several rights to The Lord of the Rings and The Hobbit franchises that could bring theme parks and more movies to fans of the J.R.R. Tolkien books. What Happened: Embracer announced Thursday the acquisition of Middle-earth...