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Disney's CFO Hugh Johnston discussed Universal Studios' upcoming theme park, Epic Universe. Both Walt Disney World and Universal Orlando Resort are adding new attractions. AdvertisementEpic Universe's arrival in Central Florida might be good for its direct competitor, Walt Disney World. Disney's Chief Financial Officer Hugh Johnston discussed Universal Orlando Resort's upcoming theme park during Thursday's earnings call. When asked how Epic Universe's May 2025 debut could impact Walt Disney World, Johnston seemed optimistic.
Persons: Hugh Johnston, Johnston, , Walt, Arturo Holmes, Disney Dreamers Academy Dennis Speigel, NBCUniversal, Comcast NBCUniversal, Brian L, Roberts, Harry Potter, Berk, Josh D'Amaro, Indiana Jones, James Cameron's Organizations: Universal Studios, Disney, Walt Disney World, Universal Orlando, Service, Walt Disney, Cinderella's, Disney Dreamers Academy, Park, Inc, Comcast, Comcast Corporation, Universal Orlando Resort Universal, of, Nintendo, Magic, Central, Central Florida Tourism, Disney's Hollywood Studios Locations: Central Florida, Florida, Pueblo Esperanza
Gary Hershorn | Corbis News | Getty ImagesAll is well in the Magic Kingdom. Experiences, which includes parks, resorts, cruises and consumer products, was the second-highest revenue driver behind Disney's entertainment division, which tallied $41.18 billion in fiscal 2024. "It's small things adding up to big things," said David Lightbody, senior vice president of Disney Live Entertainment. Limited time holiday merchandise available at Disney parks. A stunning firework show is held at the Magic Kingdom Park in Walt Disney World Resort on July 1, 2021 in Lake Buena Vista, Florida.
Persons: Gary Hershorn, King Thanos, it'll, Gavin Doyle, Doyle, Mouse, Helene, Milton, David Lightbody, Lightbody, Lindsay Brookshier, Disney hasn't, Liao Pan Organizations: Magic, Walt Disney World, Corbis, Getty, Magic Kingdom, Disney, Big, Marvel, Epcot, Guardians, Falcon, Disney Live Entertainment, Walt Disney, Disneyland's, Pixar Fest, Medianews, Orange, China News Service Locations: Orlando , Florida, Magic, Florida, California, Hong Kong, Anaheim, Walt, Lake Buena Vista , Florida
Iger's CEO contract currently runs until Dec. 31, 2026. Gorman joined Disney's board earlier this year and in August was named the lead of Disney's succession planning committee, which is tasked with finding Iger's replacement. In Nelson Peltz's unsuccessful proxy fight earlier this year, the activist investor took issue with how Disney's board previously handled succession. The firm's new CEO, Ted Pick, has "reaped some of the great success of Gorman," Jim added. Morgan Stanley shares soared to all-time highs last week after it reported top and bottom-line beats for its third quarter .
Persons: Bob Iger, James Gorman, Morgan Stanley, Mark Parker, Disney, Gorman, Iger, Bob Chapek, Nelson Peltz's, Jim Cramer, Jim, Ted Pick, Gary Hershorn Organizations: Disney, Nike, Wall, DIS, Club, CNBC, Hulu, ESPN, Magic, Walt Disney World, Corbis, Getty Locations: Orlando , Florida
In fiscal 2022 and 2023 combined, Disney's experiences unit, which houses the parks, generated 67.5% of the company's operating income. That represents a significant deceleration in growth from its first and second quarters, when operating income rose 8% and 12%, respectively. Nispel argued that negative sentiment around Disney's theme parks performance could be a reason to have less conviction on the stock in the near term. The more excitement around its movies, the more interest in everything from theme parks to streaming services to branded merchandise. Operating income, in particular, rose more than $350 million year over year to $254 million.
Persons: that's, Disney, we're, Jim Cramer, Jeff Marks, amortization —, Brandon Nispel, Nispel, Bob Iger, Goldman Sachs, Goldman, Jim, Romulus, King, KeyBanc's Nispel, Jim Cramer's, Mickey Mouse, Minnie Mouse, Gary Hershorn Organizations: Disney, Magic, Club, Magic Kingdom, DIS, Comcast, CNBC, KeyBanc, Universal, Americas, , Hulu, ESPN, Walt Disney World, Corbis, Getty Locations: California, Florida, Magic, Orlando , Florida, Orlando, Animal Kingdom
“With 2025 also being the opening of Universal’s Epic Universe, there will likely also be negative impacts on Walt Disney World attendance. Still, the price of Disney tickets today compared to past years prices out some families. The grievance from the fan community is that this used to be free at Disney parks. Transportation from the Orlando airport to Disney World property also used to be included for Disney hotel guests, but that service has been discontinued. Munsil said the Disney parks are “expensive, yes, but there’s nothing else on Earth like them.”
Persons: CNN —, Raymond James, Hugh Johnston, Josh D’Amaro, ” D’Amaro, D’Amaro, , , Gary Hershorn, Tom Bricker, ” Bricker, Bricker, Don Munsil, Munsil, Mindy Marzec, ” Munsil, Victoria Wade, ” Wade, Wade Organizations: CNN, CNN — Disney, Disney, Walt Disney Parks and Resorts, Pixar, Corbis, , Walt Disney, Walt Disney World, “ Star, Busch, Transportation, Food, Disney Food, Magic, Universal Studios, Magic Kingdom Locations: Orlando, Anaheim , California, Wakanda, California, Florida
Disney's classic baddies are getting their own theme park land at the Magic Kingdom in Orlando, Florida. This area will differ from the one at Disney California Adventure, D'Amaro told the audience, and will take place in the wilderness. As part of the Tropical America's land Disney is creating Pueblo Esperanza, which means village of hope. DisneylandThe world of "Avatar" will make its way to Disney's California Adventure, D'Amaro shared Saturday. The Walt Disney World Resort version of the ride opened in June.
Persons: Walt Disney, Mickey Mouse, Gary Hershorn, Disney, Josh D'Amaro, Parks, Rita Ora, D'Amaro, Shaboozey, Billy Crystal, Mike Wazowski, Crystal, Indiana Jones, Huy Quan, Josh, Quan, Madrigal, Antonio, Ash, Ali Rubinstein, Walt Disney Imagineering, Miguel, Deadpool, King Thanos, King, Scott Trowbridge Organizations: Magic, Walt Disney World, Corbis, Big, Honda Center, Disney, Walt Disney, Disney California, Hollywood Studios, Inc, Pirates, Defense, Stark, Disneyland, Walt Disney Imagineering, Marvel . Disney Cruises, Disney Cruise Locations: Orlando , Florida, Anaheim , California, California, Florida, Indiana, Orlando, Pueblo Esperanza, New York City, Disneyland Paris, Pride, Shanghai, Hong, Tokyo
My wife came into my son's life when he was 6 years old and quickly stepped into a parental role. Although she didn't give birth to my son, my wife is absolutely his second mother. Seeing my wife willingly step into a parental role with my son has strengthened our relationship. "You're my mom too," my son will say when my wife calls herself his stepmom. I know that's exactly the role my wife plays, and my son and I are all the more lucky for it.
Persons: , Kamala Harris, Doug Emhoff's, Harris, didn't, she's, doesn't, I'm, Meredith Blake, Lindsay Lohan, von Schraeder, temptresses Organizations: Service, Business
It was Treva Harris, Azar's mother, who hosted the prom party of the year. "I'm kind of in awe about how much attention this has gotten," Treva told Business Insider. I thought it was baby blue," Treva told BI. "And the best part is that Azar didn't know what she was walking out to. "We have requests for prom send-offs up to 2028, and I'm like, 'You guys don't even know what date the prom is yet!'"
Persons: , Azar Harris didn't, Azar, Treva Harris, Azar's, Treva, Gen Z, Azar Harris, Ray Valdez Treva, Muhammad, Muhammad's, Ray Valdez, Azar didn't, we're Organizations: Service, Philadelphia, Business, Teen Vogue Locations: Philadelphia
YouTuber SadlyItsBradley posted a video of himself taking the Meta Quest 3 headset to Disney World. AdvertisementAdvertisementMeta's new Quest 3 headset is best enjoyed on the go, according to YouTuber Bradley Lynch. To prove his point, the YouTuber took his mixed-reality headset for a day at Disney World. In the video, Lynch shows himself at Disney World walking around Epcot, looking at Cinderella's Castle, sitting on a ride, and watching a firework show, all while wearing the Quest 3. As someone who lives near Disney World, Lynch told Insider he visits the parks frequently, which allowed him to film himself at the park, and he'd probably wear the headset to it again.
Persons: YouTuber SadlyItsBradley, , YouTuber Bradley Lynch, Lynch, @Jaymayo_visits, he'd Organizations: Disney, Service, Google, Disney Security, New York Comic Con Locations: Epcot
LONDON, Oct 12 (Reuters) - From Mickey Mouse sketches to Cinderella's glass slipper, a new exhibition opening in London on Friday celebrates 100 years of the magical world of Disney. More than 250 items are on display at "Disney 100: The Exhibition", which begins with an introduction to animator and producer Walt Disney and his character, Oswald The Lucky Rabbit, said to be a prototype for Mickey Mouse. Also featured are sketches and interactive stations, and items from Marvel, Pixar and the "Star Wars" films, now part of the Disney conglomerate. "These characters can remain true and universal for decades," said Goldberg, who has worked on various Disney characters starting with the Genie in the 1992 animated feature "Aladdin". The exhibition at London's ExCel, of which another version will open in Chicago next month, runs as The Walt Disney Company marks 100 years since its founding, considered to be when Walt and his brother Roy Disney signed a contract with New York cartoon distributor Margaret Winkler on Oct. 16, 1923.
Persons: Mickey, Walt Disney, Oswald The Lucky Rabbit, Mickey Mouse, Dick van Dyke, Mary Poppins, Lumiere, Cogsworth, Eric Goldberg, Goldberg, Bret Iwan, Walt, Roy Disney, Margaret Winkler, Marie, Louise Gumuchian, Richard Chang Organizations: Disney, Walt Disney Archives, Marvel, Pixar, Reuters, ExCel, Walt Disney Company, New York, Thomson Locations: London, Chicago, New
New York CNN —Disney CEO Bob Iger said Florida Governor Ron DeSantis’ attacks on the company threaten its plans for $17 billion of investment and 13,000 new jobs at Disney World over the next 10 years. In comments Wednesday during a call with investors, Iger defended Disney as Florida attempts to wrest control of powers granted to a special taxing district overseeing Disney World’s zoning decisions. Iger did not mention DeSantis by name or explicitly say Disney is reconsidering its planned investment. Disney has for decades controlled a special taxing district that had the right to make zoning decisions in and around Disney World. A general view of Cinderella's Castle at Walt Disney World.
One key ally, Sen. Blaise Ingoglia, previously held Disney stock but said he sold on principle. Ron DeSantis claw back control of Walt Disney World's special tax district was once a Walt Disney Company investor, annual disclosures show. Ingoglia told Insider that he manages his stocks himself, and that they were long-term holds with a retirement or brokerage account. The financial ties to Disney underscore the company's largess and influence in Florida, where it's the state's biggest attraction. Disney CEO Bob Iger told Time he would be willing to sit down with DeSantis over the feud.
DeSantis was hesitant to get married at Disney World, he revealed in his new book. Ron DeSantis may have had a fairy tale wedding with Casey DeSantis at the Walt Disney World Resort back in 2009 — but he's no Disney adult, according to his new book. He thought he and Casey DeSantis, née Black, would get married at a local church, he wrote. He had originally planned on wearing a tux, he said, but Casey DeSantis asked him to wear his Navy service dress white uniform instead. He realized that he needed to go to a tailor to get his outfit ready so that they could properly mount his medals on the suit.
Ron and Casey DeSantis got married at Walt Disney World in 2009, Insider first reported. In the interview, Casey DeSantis acknowledged that the revelation, which came ahead of Election Day, "created a lot of news." The comments confirm Insider's reporting, after interviewing a wedding guest, that Casey DeSantis "wanted something all-inclusive and put together." Casey DeSantis said in the SiriusXM Patriots interview that she didn't know DeSantis would wind up going into politics. "We went out and we had a beer," at family sports restaurant Beef o' Brady's, Casey DeSantis said in the forthcoming interview.
Ron and Casey DeSantis got married at the Walt Disney World Resort in 2009.in 2009. But details of the DeSantis Disney wedding, known to an estimated 150 guests in attendance at the September 26, 2009, nuptials, hasn't previously been reported. Three people confirmed the location to Insider, which learned of the DeSantis wedding location while reporting a story about Casey DeSantis. Octavio Jones/Getty ImagesDeSantis revoked Disney's special carve-outThe Disney wedding venue is the latest news to emerge from the DeSantis-Disney saga. Disney is Florida's largest private employer through its Walt Disney World theme park and resort, and the company has championed gay rights since the 1990s.
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