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The Latest Breaking News from Bob Chapek

Disney Stock Slumps As Soft Q2 Earnings, Rising Costs Offset Solid Disney+ Streaming Growth

"We're very carefully watching our content cost growth," said CEO Bob Chapek.

The Street

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

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

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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

Disney Stock Leaps As Solid 7.2 Subscriber Additions Offsets Q2 Earnings Miss

“Our strong results in the second quarter, including fantastic performance at our domestic parks and continued growth of our streaming services," said CEO Bob Chapek.

The Street

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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The Street

Ron DeSantis Florida Disney Threats Have No Clothes (It's Political Theater)

Florida's Governor wants to punish Walt Disney for speaking out against him, or at least he wants it to look like that's what he's doing.

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.

The Street

Disney's DeSantis Headache Just Got A Lot Bigger

Here's why the company's struggles matter to its fans and business plans.

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…

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The Street

Disney May Have a Major Problem on Its Hands

A massive perk it has enjoyed since 1967 may now be on the chopping block.

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…

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 Street

Universal Has Something Disney Doesn't (And It's Not Just Harry Potter)

The Disney World theme parks might be making a mistake that's really good for its Florida rival.

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

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Hans Christian Andersen

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