Disney laid off thousands, top execs made $35 million amid pandemic in 2020: Report
CEO Bob Chapek was paid $14 million while Executive Chairman Bob Iger earned $21 million in 2020 as Disney+ skyrocketed to popularity, according to a new report.
Disney's Iger and Chapek lose bonus payments due to pandemic
Iger and Chapek's compensation packages for 2020 were $21 million and $14.1 million, respectively.
Former Netflix CEO says Disney going ‘all in’ amid streaming wars
Former Netflix CEO Marc Randolph said Disney and Netflix are going "mano a mano" in a competitive streaming battle.
COVID-19 delays Disneyland Paris reopening — again
Disneyland Paris said on Monday it was postponing its reopening by almost two months, to April 2, due to the resurgence of the COVID-19 pandemic.
Disney's Bob Iger, wife Willow Bay donate $5M to Los Angeles small businesses struggling in pandemic
Disney executive chairman Bob Iger and his wife, Willow Bay, the dean of USC’s Annenberg School, have donated $5 million to help small businesses struggling during the coronavirus pandemic.
Disneyland ending annual pass program because of coronavirus pandemic: report
Disneyland is ending its annual pass program 10 months after the theme park shut down because of the coronavirus pandemic, the theme park said Thursday.
Disney Cruise Line extends suspension over COVID-19 pandemic
The cruise line canceled all sailings through March, including planned voyages of the Disney Magic, Disney Wonder, Disney Dream and Disney Fantasy.
Bethesda developing 'Indiana Jones' game
The video gaming publisher Bethesda announced Tuesday that it’s working on a new “Indiana Jones” title with a cryptic video trailer and scant other details.
McDonald's, Nike, Boeing, Wells Fargo latest to share stance on pausing political donations after Capitol riots
A growing list of businesses are pausing or reviewing political contributions in response to efforts against the certification of the Electoral College and the Capitol riot by a group of Trump supporters that followed.
Disney World releases hours through the end of March
Disney World just revealed its winter operating schedule, which will see the reopening of at least one of its water parks.
Disney World brings back 4-day discount ticket deal for Florida residents
Florida Resident Discover Ticket program returns with $199 four-day discount.
Disney Cruise Line reveals first look at interior for new ship Disney Wish
For Disney cruise fans, one of their wishes just came true.
Disney+ U.S. subscription revenue on track to surpass $4 billion by 2022: report
According to eMarketer, Disney is expected to earn $12.36 billion in U.S. over-the-top streaming subscription revenue by 2022, compared to $12.95 billion for Netflix.
Disney's Chairman Bob Iger game for a new job: US ambassador to China
Mr. Iger served as Disney chief executive for 15 years until being named executive chairman earlier this year.
Disney's Iger, DreamWorks' Katzenberg may be on Biden's ambassador shortlist: report
Walt Disney's Bob Iger and DreamWorks' Jeffrey Katzenberg could be on President-elect Joe Biden's ambassador shortlist.
Disney World to reopen 4 resorts in 2021
Walt Disney World Resort is reopening four hotels in 2021.
Disney World will stop digital addition of masks to coronavirus pandemic-era ride photos
Disney World announced over the weekend that it would stop digitally adding masks to photos of patrons who were not wearing them.
Senator proposes free streaming to curb COVID-19 spread during holiday season
"At this time, we must find ways to incentivize people to follow guidance from the CDC, their employer, local public health officials, or school leaders," King wrote. "Unfortunately, some Americans are likely to choose to ignore public health advice and carry on their typical holiday traditions instead of remaining safely at home. While your platforms would likely experience greater traffic as a consequence of extending service, we encourage you to provide temporary service at no cost to non-subscribers as a way to encourage people to make responsible choices and safely navigate this holiday season."
Disney’s stock rises after monumental Investor Day announcements
Streaming might just be Disney’s saving grace. This seems to be the case for The Walt Disney Company’s stock following its Investor Day event on Thursday, where the media giant announced its big plans for Disney+.
Universal appears to troll Disney about new theme park addition
An Imagineer for Disney World recently showed off images of a new floating platform that will be part of one of the theme park’s new night shows. Based on a recent tweet from a nearby theme park, it appears that not everyone is impressed.