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News updates from March 27: Yen hits 34-year low; Nobel winner Daniel Kahneman dies
Disney settles lawsuit in Florida theme-park dispute
...Disney and the state of Florida have settled a lawsuit over the governance of the company’s Orlando theme parks spawned by last year’s takeover of the district’s board by Ron DeSantis, the state’s governor...
March 27, 2024
Walt Disney Co
Disney settles lawsuit in Florida theme-park dispute
...Jeff Vahle, president of Walt Disney World Resort, said the company was “pleased to put an end to all litigation pending in state court in Florida”....
March 27, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
LexStreaming services
Disney, Fox and Warner sports streaming platform foreshadows consolidation Premium content
...The valuation multiple now ascribed to ESPN may be too low for Disney’s business, which includes theme parks and the movie studio....
February 7, 2024
LexWalt Disney Co
Disney: Iger needs to dream up better ideas than spending more on parks Premium content
...That explains the lukewarm reception the House of Mouse received after it announced its intention to spend $60bn expanding theme parks, cruise lines and resorts over the next decade....
September 20, 2023
Walt Disney Co
Nelson Peltz enlists former Disney executive for proxy battle with Bob Iger
...He joined Disney in 1986 and was named president of its parks and resorts business in 2002. He served as chief financial officer from 2010 until he resigned in 2015....
December 14, 2023
The Big Read
Can Disney rediscover the magic?
...Linear television channels “may not be core to Disney”, Iger told CNBC, speaking from the ski resort town....
November 21, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Life & Arts
Blackpool’s £2bn bid to revive the spirit of the British seaside
...It is, metaphorically, halfway to America in its wildness and can-do energy. It has been compared to Coney Island; when Walt Disney was pondering Disneyland, he sent a research team to Blackpool....
March 15, 2024
Walt Disney Co
Bob Iger calls Ron DeSantis ‘anti-business’ in fight over Disney district
...But last week the board realised that their Disney-appointed predecessors had signed an agreement that gave the company control over the theme park resort’s 27,000 acres — rendering the body essentially...
April 3, 2023
The Week Ahead
A first for King Charles while Trump takes the stand
...Spencer H1, MGM Resorts International Q3, Munich Re Q3, Pandora Q3, Ralph Lauren Q2, Smiths News FY, Take-Two Interactive Software Q2, Vestas Q3, Walt Disney Company Q4, JD Wetherspoon Q1, Virgin Galactic...
November 5, 2023
Retail & Consumer industry
Culture wars test corporate America’s commitment to Pride month
...The company’s Florida resort will also host the “Out and Equal Workplace Summit” later this year....
June 1, 2023
News in-depthWalt Disney Co
‘Iger is stuck’: Disney chief debates future of Hulu and ESPN
...One former senior Disney executive said that when the pandemic struck, pummelling Disney’s theme park and cinema businesses, any lingering notion of a big Hulu international expansion died....
March 15, 2023
Walt Disney Co
Florida prepares U-turn on Disney’s ‘Don’t Say Gay’ punishment
...Chapek sparked DeSantis’ ire for opposing the education law, which had outraged Disney’s LGBT+ employees at its Florida parks and throughout the company....
December 2, 2022
Walt Disney Co
Florida governor set to gain control of Disney special tax zone board
...who visit each year,” said Jeff Vahle, president of Walt Disney World Resort....
February 7, 2023
NBC Universal Inc
NBCUniversal chief Shell ousted over ‘inappropriate relationship’
...A 19-year veteran of the company, Shell oversaw a sprawling empire at NBCUniversal, ranging from the NBC television networks to the Universal film studios, parks and resorts....
April 24, 2023
Elaine Moore
Superfans accuse Disney of taking the Mickey
...The hyperreality of Disney theme parks has made them the most popular resorts in the world....
September 25, 2022
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
InterviewWalt Disney Co
Dan Loeb pulls back from call for Disney to spin off ESPN
...innovation plans, generating considerable synergies as part of The Walt Disney company”....
September 12, 2022
The Weekend Essay
Disney after ‘Don’t Say Gay’
...Since it was founded by Walt Disney a century ago, the company — with its offering of cartoons, children’s movies and vast theme parks — has been best known as a brand catering to the traditional nuclear...
July 29, 2022
LexWalt Disney Co
Disney: something rotten in the House of Mouse Premium content
...Until then, it needs subsidies generated by Disney’s theme parks, which have been bouncing back strongly....
June 10, 2022
Walt Disney Co
Walt Disney gains ground on Netflix with strong growth in streaming
...Walt Disney reported strong growth at its Disney Plus streaming service in its latest quarter, drawing a sharp contrast with the recent subscriber declines experienced by industry leader Netflix....
May 11, 2022
Due Diligence
The real winner from China’s IPO crackdown Premium content
...The governor has signed legislation to strip Disney’s special tax status that allows it to govern the area around its Florida park, and is using the fight with Disney to raise campaign cash....
June 21, 2022
Walt Disney Co
Disney sacks top TV executive as board rallies around Bob Chapek
...After Disney voiced opposition to the law, Florida governor Ron DeSantis labelled Disney a “woke” corporation and stripped it of its special tax district around the Disney World theme park in Orlando....
June 9, 2022
Walt Disney Co
Walt Disney chief’s top lieutenant departs after Florida’s ‘Don’t Say Gay’ controversy
...Last week the governor signed a bill to revoke the entertainment group’s decades-old ability to govern the area around the Walt Disney World theme park, a move widely seen as retaliation over the company...
April 29, 2022
Live news updates from April 29: Nasdaq has biggest monthly drop since 2008, Russia running short of precision missiles, say western officials
Top lieutenant to new Disney CEO out after ‘Don’t Say Gay’ controversy
...Last week DeSantis signed a bill to revoke Disney’s decades-old ability to govern the area around the Walt Disney World theme park, a move widely seen as retaliation over the company’s criticism of his LGBTQ...
April 29, 2022
Live news from February 10: US inflation surges to 7.5% in fastest annual rise in 40 years, Head of UK’s Metropolitan Police quits after scandals, Credit Suisse sinks to $2.2bn fourth-quarter loss
Disney gains on strong streaming subscriptions and theme-park visits
...Disney also reported a strong rebound from pandemic lows at its theme parks and resorts, where quarterly revenue totalled $7.2bn — higher than pre-pandemic levels and up from $3.5bn a year earlier....
February 9, 2022
Walt Disney Co
Disney eases streaming fears with strong subscriber growth
...Disney also reported a strong rebound from coronavirus pandemic lows at its theme parks and resorts, where quarterly revenue totalled $7.2bn — higher than pre-pandemic levels and up from $3.5bn a year earlier...
February 9, 2022

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