Category Archives: Walt Disney Company

Disney+ loses 4m subscribers amid exodus in Indian market

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Lost cricket rights prompts outflow but streaming service almost halves losses while theme parks boom

Disney, known for Pixar, Star Wars and Marvel movies, said its flagship streaming service lost 4 million subscribers in the first three months of the year.

Subscribers to Disney+ services, home to movies such as Toy Story, Monsters, Thor and Black Panther, fell to nearly 158m from January to March, the second quarter of customer losses after a 2.4 million drop in the previous three months. Analysts had expected Disney to add more than 1 million customers in the quarter. The shares fell nearly 5% in after-hours trading.

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‘The dragon’s head started to glow’: Disneyland fire sends crowds running

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Spectacular conflagration prompts evacuation of Tom Sawyer Island at California resort but no injuries reported

A 45ft-tall Disneyland dragon caught fire late on Saturday during a show in Anaheim, California, causing those in attendance to flee, local media and officials said. No injuries or deaths were reported.

“The dragon’s head started to glow, and I see fire and kind of smoke coming out,” Elaine Gilmer, who was at the event, told ABC News.

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Ron DeSantis threatens prison near Disney theme park in latest retaliation

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After being humiliated by its outgoing board, the Florida governor has hit upon another idea to punish the company

Ron DeSantis has unveiled the latest act of retaliation against Disney for speaking out against his “don’t say gay” law: he’s threatening to build a new state prison next to the company’s central Florida theme parks.

The Republican governor dropped the suggestion at a hastily convened Monday lunchtime press conference, at which he laid out steps the state legislature would take to try to regain control over Florida’s largest private employer.

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Disney chief Bob Iger calls Ron DeSantis ‘anti-business and anti-Florida’

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CEO’s comments are latest round in bitter feud between governor and state’s largest corporate employer over ‘don’t say gay’ law

Disney’s chief executive, Bob Iger, has lambasted the Florida governor, Ron DeSantis, as “anti-business and anti-Florida” in the latest round of a bitter public battle between the Sunshine state’s most powerful corporation and its top elected official.

DeSantis and his Republican allies in the state legislature have targeted Walt Disney World, the Orlando-area entertainment resort that employs 75,000 people, since the company spoke out against the controversial Florida “don’t say gay” law curtailing classroom discussion of gender identity and sexuality amid mounting pressure from its employees to take a stand.

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Ron DeSantis takes control of Disney’s governing district after ‘don’t say gay’ row

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Move comes after Florida governor lashed out at theme park’s protest of law restricting sexual orientation discussion in schools

The Republican governor of Florida, Ron DeSantis, has signed a bill that wrests control of Walt Disney World’s self-governing district, in a move seen as punishing the company for its opposition to his so-called “don’t say gay” law.

“Today the corporate kingdom finally comes to an end,” he said at the bill signing in Lake Buena Vista in his trademark bullish style. “There’s a new sheriff in town, and accountability will be the order of the day.”

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California man sets world record after visiting Disneyland for 2,995 days

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Jeff Reitz started visiting the theme park in Anaheim in 2012, when he was unemployed, as an excuse to leave his house and exercise

There are Disney adults – who are obsessed with the animation giant’s products despite being grownups – and then there’s Jeff Reitz.

Reitz’s fascination with Disney drove him to visit the company’s world-famous theme park in Anaheim, California, daily for eight years, three months and 13 days.

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DeSantis wins new power over Disney World in ‘don’t say gay’ culture war

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Florida legislature gives governor right to name members of board supervising theme park, claiming: ‘There’s a new sheriff in town’

Florida’s far-right governor, Ron DeSantis, has won the power to appoint the members of the board that supervises the development of the state’s famous Walt Disney World theme parks after a fight over a law that restricts sexual orientation and gender identity discussions in schools.

Disney as a result is set to lose some of the autonomy it has enjoyed in Florida during the last nearly six decades, but the company has held on to some of its key privileges amid the culture war leveled at it by DeSantis.

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Disney announces 7,000 layoffs while teasing Toy Story and Frozen sequels

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Cuts represent an estimated 3.6% of Disney’s global workforce in effort to save $5.5bn in costs and follow major job losses at other top US companies

Disney has announced a sweeping corporate restructuring that will result in 7,000 people losing their jobs as part of an effort to achieve US$5.5bn (£4.5bn, A$7.9bn) in cost savings, at the same time as revealing plans for sequels to Toy Story and Frozen.

The layoffs represent an estimated 3.6% of Disney’s global workforce and come after major job cuts at other US giants including Alphabet, Amazon, Ford and Meta.

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China ends de facto ban on Marvel films after more than three years

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Latest Black Panther and Ant-Man superhero flicks get February release in country famously controlling over Hollywood movies

China has ended its de facto ban on Marvel films, with superhero flicks Black Panther: Wakanda Forever and Ant-Man and The Wasp: Quantumania both locking in surprise release dates, after a three-and-a-half-year gap that has cost Disney hundreds of millions in ticket sales.

The films will be released in February, after the lunar new year, marking the first Marvel releases in the world’s second-largest theatrical market since Avengers: Endgame in 2019.

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Winnie the Pooh joins Chinese Covid lockdown protests

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Disney merchandise shows frowning bear looking at blank sheet of paper – a symbol of opposition to censorship

Years after he became character non grata in China, Winnie the Pooh is exacting quiet revenge against the country’s government in the form of Disney souvenirs.

In what appears to be a case of incidental resistance, Disney stores in Japan are selling a line of merchandise featuring a frowning Pooh looking at a blank sheet of white paper – a symbol of ongoing protests in China against censorship and Covid-19 restrictions.

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‘There is a lot to do’: Bob Iger outlines vision for Disney as he returns as CEO

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Priorities will be creativity and profitability, a shift from a costly streaming services growth strategy pursued by predecessor

Returning Disney boss Bob Iger told employees that he will prioritize creativity and profitability at a staff meeting at the company’s Burbank headquarters on Monday – outlining a shift from a costly streaming services growth strategy pursued by his predecessor, who was dramatically ousted from the company eight days ago.

Iger, 71, held the top Disney job from 2005 to 2020. After a two-year break, he was reinstated after the company ousted Bob Chapek following an earnings report that showed the company lost close to $1.5bn in just three months on its streaming services platform.

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Disney+ edges past Netflix in streaming subscribers as it raises ad-free prices

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Disney sees total of 221m customers at the end of the June quarter compared to Netflix’s 220.7m


Walt Disney edged past Netflix with a total of 221 million streaming subscribers at the end of the most recent quarter and announced it will launch a Disney+ option with advertising this December.

In the just-ended quarter, Disney added 14.4 million Disney+ customers, beating the consensus of 10 million expected by analysts polled by FactSet, as it released Star Wars series Obi-Wan Kenobi and Marvel’s Ms Marvel.

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Pat Carroll, voice of Disney villain Ursula in The Little Mermaid, dies aged 95

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The comedy actor, who started out as a regular on variety shows and became a prolific voice actor, died at home on Saturday of pneumonia

Pat Carroll, the Emmy award-winning actor and voice of the memorable Disney villain Ursula in The Little Mermaid, has died aged 95.

Carroll died on Saturday of pneumonia at her home in Cape Cod, Massachusetts, her daughter Kerry Karsian told the Hollywood Reporter.

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Mickey Mouse could soon leave Disney as 95-year copyright expiry nears

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The beloved character was created in 1928 and the cartoon is widely regarded as a pioneer in animation

As a consequence of US copyright law, entertainment giant Disney could soon lose the exclusive rights to some of the characters most responsible for the brand’s universal recognition, including the mouse that acts as its mascot.

Mickey Mouse will enter the public domain in the year 2024, almost 95 years after his creation on 1 October 1928 – the length of time after which the copyright on an anonymous or pseudo-anonymous body of artistic work expires.

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Saudi Arabia bans Pixar’s Lightyear over same-sex kiss

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The Hollywood film has been banned in a number of countries in the Middle East because of a kiss between space ranger Alisha and her partner

Toy Story spin-off Lightyear will not be released in Saudi Arabia due to the inclusion of a same-sex kiss, the latest in a string of Hollywood films that have been banned in the Middle East over LGBTQ+ content.

According to the Hollywood Reporter, the scene in question involved a space ranger called Alisha (voiced by Uzo Aduba) and her partner who greet each other with a kiss on the lips. Variety reports that Lightyear was not submitted to censors in Saudi Arabia, as it was anticipated it would not pass due to the country’s total prohibition of same-sex relationships. However, the Pixar film was submitted to censors in the comparatively more liberal United Arab Emirates, but the film’s licence was revoked after complaints on social media.

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Disney tells investors Florida’s attempts to repeal private district are unlawful

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Move could thwart state’s retaliation against company’s opposition to ‘don’t say gay’ law

Disney has told investors that attempts by the state of Florida to repeal the company’s ability to operate a private government in the state are unlawful, in a move that could thwart Florida’s retaliation against Disney’s opposition to a “don’t say gay” law.

Ron DeSantis, Florida’s governor, has pushed legislation that would eliminate the Disney-operated Reedy Creek Improvement district, a move which would have huge financial implications for the company.

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Disney is refusing to cut LGBTQ scene in Doctor Strange 2, Saudi Arabia says

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Official denies Marvel film is banned but says kingdom ‘still trying’ to get Disney to cut 12 seconds referring to lesbian character with two mothers

Saudi Arabia has asked Disney to cut “LGBTQ references” from Doctor Strange in the Multiverse of Madness before it can be screened in the kingdom, an official said on Monday – but denied earlier reports that the film has been banned.

Disney has so far declined the requested edits to the Doctor Strange sequel, slated for release around the world next week. The cuts amount to “barely 12 seconds” in which a lesbian character, America Chavez, played by the actor Xochitl Gomez, refers to her “two moms”, according to Nawaf Alsabhan, Saudi Arabia’s general supervisor of cinema classification.

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Disney to lose special tax status for opposing Florida’s ‘don’t say gay’ bill

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Governor Ron DeSantis is set to sign bill revoking 1967 law allowing Disney to self-govern a roughly 25,000-acre Orlando area

Florida legislators passed a bill on Thursday that would revoke Walt Disney Co’s special tax status in a move widely seen as tit-for-tat for the company’s opposition to a new “don’t say gay” state law limiting discussion of LGBTQ+ issues in schools.

The bill now heads to the desk of Governor Ron DeSantis, who is all but guaranteed to sign it.

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Disney workers walk out over ‘don’t say gay’ bill as company sends mixed messages

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Debate over Florida legislation has forced Disney into a balancing act between expectations of a diverse workforce and demands from a politicized marketplace

Even though only a small percentage of Walt Disney Co workers participated in a walkout Tuesday, organizers felt they had won a moral victory with the company issuing a statement denouncing the anti-LGBTQ+ legislation that sparked employee outrage.

Throughout the day, pockets of employees staged demonstrations at various sites across the US, including near Orlando’s Walt Disney World and Walt Disney Studios. According to a Disney official, there had been no interruptions in any operations as of midday Tuesday.

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Marvel denounces ‘Don’t Say Gay’ bill after Disney apology

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Following Disney’s apology for silence over Florida law, studio pledges ‘strong commitment as allies who promote the values of of equality, acceptance and respect’

Marvel Studios says it “strongly denounces” any legislation that affects the rights of the LGBTQ+ community, following the passing of a controversial bill in Florida.

Republicans in Florida recently passed what opponents have dubbed the “Don’t Say Gay” bill which limits teaching about sexual orientation and gender identity to young children in the state.

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