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The Latest Breaking News from Bob Chapek

Does Disney Still Have A DTC Streaming Ace Up Its Sleeve That Could Dominate The Market?

Media giant Walt Disney Co (NYSE: DIS) beat estimates for the second quarter with growth coming for its Parks and Resorts segment and also its direct-to-consumers business, led by streaming growth. Could the company have another ace up its sleeve for future growth?

Benzinga

Can Marvel Films Profit Without Playing In China? Here's What Disney CEO Bob Chapek Says

Walt Disney Co.

Benzinga

Disney Profit Slips but Streaming TV Subscribers Jump

Disney on Wednesday said its profit slipped in the recently ended quarter but its television streaming service and parks were booming. The entertainment giant reported net income of $470 million, just over half of the $912 million profit it made in the same period a year earlier. But park attendance…

Asharq Al-Awsat

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Disney theme park revenues double even amid scuffle with DeSantis, GOP

ORLANDO, Fla. — Walt Disney Co. executives boasted about another blockbuster quarter Wednesday at its theme parks even as they remained mum about the feud with Florida Gov. Ron DeSantis.

Orlando Sentinel

If You Invested $1,000 In Disney When Bob Chapek Became CEO, Here's How Much You'd Have Now

Walt Disney Co (NYSE: DIS) has seen its share of problems over the last couple of years with the COVID-19 pandemic impacting its parks and theatrical releases.

Benzinga

Republicans took away Disney's special status in Florida. Now they're gunning for Mickey himself

It all began with a mouse, and now that big-eared rodent is in the middle of a turf war between conservatives and one of the world's most influential media companies.

Los Angeles Times

I Am Iron Man: Disney CEO Compares Himself To Marvel Superhero

The CEO of a publicly traded company took the opportunity to compare himself to one of the most famous superheroes of all time during a graduation speech.

Benzinga

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What is Florida’s ‘Don’t Say Gay’ bill?

Controversial legislation bans ‘sexual orientation and gender identity’ issues from classrooms

The Independent UK

How Disney found its pride – and riled the American right

Once known for its ‘traditional’ values, the entertainment giant is battling US conservatives over an anti-gay bill. Indeed the House of Mouse has had a long relationship with the LGBTQ+ community

The Guardian - UK

Disney Communications Chief Geoff Morrell Resigns After Three Months

Geoff Morrell, the Walt Disney Co.’s (NYSE: DIS) chief corporate affairs officer who crafted the company’s public response to Florida’s so-called “Don’t Say Gay” legislation, has left the company after three months on the job.

Benzinga

Disney ‘metaverse’ begins to take shape

LOS ANGELES — Walt Disney Co. has brought its characters to life in its theme parks and expanded its franchises through streaming services.

Los Angeles Times

Editorial: To end a Mickey Mouse situation, Disney and DeSantis must talk and compromise

The goofy impasse between the Walt Disney Co. and the state of Florida — two venerable entities whose fates are inextricably intertwined — is providing lots of red meat for Fox News, MSNBC and divisive partisans on both sides — but it’s bad for America.

Chicago Tribune

Jack Dorsey is now the 'Block Head 'in charge of Block

Chief executives are going out of style. It's all about 'Technokings' and 'Block Heads' now.

Input

Texas Judge Invites Disney To Relocate Theme Parks To The Lone Star State

A Texas judge has invited the Walt Disney Co. (NYSE: DIS) to bid farewell to the “extremists in Florida” and relocate its Sunshine State attractions and operations to the Lone Star State.

Benzinga

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Orlando Sentinel

DeSantis signs bill eliminating Walt Disney World’s Reedy Creek district; Fitch warns of bond downgrade

Florida Gov. Ron DeSantis signed into law two bills targeting The Walt Disney Co. on Friday, eliminating the company’s special Reedy Creek district and stripping its exemption from the “Big Tech” social media bill.

Asharq Al-Awsat

Florida Governor Calls to End Disney's Self-governing Status at Theme Park

Florida governor Ron DeSantis asked the US state's congress Tuesday to vote to eliminate a statute that allows entertainment giant Disney to act as a local government in Orlando, where it has its theme park. The move is the latest episode in a dispute between DeSantis' administration and Disney, after…

The Independent UK

DeSantis and Florida’s Republicans move to repeal Disney’s governing plan after ‘Don’t Say Gay’ opposition

Governor’s administration and GOP allies escalate campaign against state’s largest employer

Miami Herald

DeSantis asks Legislature to eliminate Disney World’s self-governing status

TALLAHASSEE, Fla. — Gov. Ron DeSantis announced Tuesday he has expanded the Legislature’s special session on redistricting this week to cut to the core of his latest political enemy and announced he wants lawmakers to repeal the law that allows the Walt Disney World Resort to operate as a self-governing…

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Los Angeles Times

In Disney's DeSantis feud, echoes of a culture war that never died

LOS ANGELES — The weeks-long feud between the Walt Disney Co. and conservatives over Florida's Parental Rights in Education legislation — nicknamed the "Don't Say Gay" bill by LGBT activists — recently escalated into a full-blown imbroglio that has played out on cable news and social media.

The Independent UK

What is Florida’s ‘Don’t Say Gay’ bill?

Controversial legislation bans ‘sexual orientation and gender identity’ issues from classrooms

The Independent UK

FACT FOCUS: Posts maligning Disney lack evidence

Online posts are using flawed logic and false information to malign The Walt Disney Co. as sympathetic to pedophiles or predatory toward young children after the company publicly opposed a Florida bill banning instruction on sexual orientation and gender identity in kindergarten through third grade

Los Angeles Times

Amid Florida's fight with Disney over trans rights, a Disney family member comes out as trans

The Republican governor of Florida picked a fight with the Walt Disney Co. the week before last after Disney belatedly proclaimed its opposition to the state's new "Don't Say Gay" law.

Tribune News Service

News briefs

Pakistan parliament elects Shehbaz Sharif as prime minister

Orlando Sentinel

Disney gave Florida GOP $125,000 before pausing contributions over ‘don’t say gay’ law

ORLANDO, Fla. — The Walt Disney Co. donated $125,000 to the Republican Party of Florida at the beginning of this year’s legislative session, according to new filings with the state.

Benzinga

Disney Heir Comes Out As Transgender, Faults Legislation Aimed At Trans Youth

The ongoing saga of the Walt Disney Co.’s (NYSE: DIS) commitment to LGBTQ rights took a personal turn when Disney heir Charlee Corra Disney publicly self-identified as a transgender man.

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