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Disney parks are adding a top-tier, line-skipping upgrade with a whole new world of pricing: as much as $449 per person on top of park admission, Walt Disney Co. said Wednesday. The two existing Lightning Lane passes require holders to commit to estimated time windows for specific attractions. Tokyo Disney Resort's Premier Access passes work like the Lightning Lane Multi Pass. Disney World tickets start at $119 for single-day admission and are $104 for one of the Disneyland Resort parks, according to the park websites. The Premier Pass pilot program is among Disney Parks' priciest upgrades or ticket packages.

Persons: Lightning Organizations: Disney, Walt Disney Co, Lightning, Walt Disney, Disneyland, Disney Parks, Paris, Premier, Tokyo Disney Resort's, Universal Express, Universal Destinations, Universal Studios Hollywood, NBC, Universal, Comcast, Walt Disney Company, CNBC Locations: Anaheim , California, Lake Buena Vista , Florida, Florida, Tokyo

☆ My family spent Hurricane Milton at Disney. We weren't allowed to leave our hotel rooms at night, but meals were discounted.
▼ + stars: | 2024-10-10 | by ( Jane Ridley | ) www.businessinsider.com time to read: +4 min

Sandra Guadarrama-Baumunk and her family holed up at a Disney resort hotel during Hurricane Milton. I was already in my pajamas when the fire alarm at our Disney Resort hotel went off at 9:30 p.m. on Wednesday. Hurricane Milton was predicted to strike in the early hours of the morning, and guests were instructed to be in their rooms by 8:30 p.m. for safety reasons. AdvertisementGuadarrama-Baumunk and her family with Tigger at their resort hotel at Disney World. AdvertisementDo you have an interesting story about Hurricane Milton to share with Business Insider?

Persons: Sandra Guadarrama, Hurricane Milton, —, We'd, Helene, Milton, they'd, Tigger, Disney, we'd, Brian, Mia, Jeremy, It's Organizations: Disney, Service, Disney Resort, Hurricane, Business Locations: Hurricane, Florida, Phoenix, Sofia

☆ Typhoon Bebinca lashes Shanghai in strongest storm to hit city since 1949
▼ + stars: | 2024-09-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

SHANGHAI — The normally bustling financial hub of Shanghai was brought to a standstill Monday as residents sheltered at home to wait out the worst of Typhoon Bebinca. The Category 1 storm, which made landfall in Shanghai on Monday morning, is the most powerful tropical cyclone to directly hit the city in more than seven decades. Packing top wind speeds of 94 miles per hour near its eye, Bebinca landed in the city of nearly 25 million around 7:30 a.m. (7:30 p.m. Sunday ET), state media reported, the strongest storm to strike Shanghai since Typhoon Gloria in 1949. Resorts in Shanghai, including Shanghai Disney Resort, Jinjiang Amusement Park and Shanghai Wild Animal Park, have been temporarily closed and many ferries halted. Shanghai is rarely subject to direct hits from strong typhoons that generally make landfall farther south in China.

Persons: Bebinca, Typhoon Gloria, Rain Organizations: SHANGHAI, Shanghai, Typhoon, Resorts, Shanghai Disney Resort, Animal Locations: Shanghai, China . Parks, Jiangsu, China, Hainan

☆ Typhoon Bebinca: Shanghai slammed by what China says is the city’s strongest storm in seven decades
▼ + stars: | 2024-09-15 | by ( Nectar Gan | ) edition.cnn.com time to read: +3 min

The Joint Typhoon Warning Center (JTWC) said it packed top wind speeds of 130 kilometers per hour (80 mph), the equivalent of a Category 1 Atlantic hurricane. The administration on Monday issued a red typhoon warning, its most severe alert, warning of gale force winds, heavy rainfall and coastal floods in large swathes of eastern China. The typhoon is expected to quickly weaken into a tropical storm as it moves inland toward the west. Bebinca is the second major storm to hit China this month, following deadly Super Typhoon Yagi, the world’s second most powerful tropical cyclone so far this year. Shanghai is generally not in the direct path of strong typhoons, which typically make landfall further south in China.

Persons: Hong Kong CNN —, Bebinca, Yagi Organizations: Hong Kong CNN, Hong Kong CNN — Shanghai, Typhoon Warning, China Meteorological Administration, Shanghai, Shanghai Disney Resort, Disney, CCTV Locations: Hong Kong, China, Shanghai, Zhoushan, Zhejiang, Jiangsu, Bebinca, Hainan, Southeast Asia

☆ Shanghai slammed by Typhoon Bebinca, strongest storm to hit in seven decades
▼ + stars: | 2024-09-15 | by ( Nectar Gan | ) edition.cnn.com time to read: +1 min

Hong Kong CNN —Shanghai was brought to a standstill on Monday morning by what authorities say was the strongest typhoon to directly hit the Chinese financial hub in more than seven decades, with flights, trains and highways suspended during a national holiday. Typhoon Bebinca made landfall in an industrial suburb southeast of the metropolis of 25 million people around 7:30 a.m. local time. The Joint Typhoon Warning Center (JTWC) said it packed top wind speeds of 130 kilometers per hour (80 mph), the equivalent of a Category 1 Atlantic hurricane. The storm is the strongest to make landfall in Shanghai since 1949, according to Chinese state media. The China Meteorological Administration on Monday issued a red typhoon warning, its most severe alert, warning of gale force winds and heavy rainfall in large swathes of eastern China.

Persons: Hong Kong CNN —, Bebinca Organizations: Hong Kong CNN, Hong Kong CNN — Shanghai, Typhoon Warning, China Meteorological Administration, Shanghai Disney Resort Locations: Hong Kong, Shanghai, China

☆ Japan's next big tourist craze: Disney cruises
▼ + stars: | 2024-07-10 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

Tokyo Disneyland's owner, Oriental Land, will invest $2 billion to bring Disney cruises to Japan. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTokyo Disneyland's owner is doubling down on the Disney magic with a new investment in cruises. Oriental Land, which owns and operates Disney Resorts in Tokyo, said on Tuesday it will invest $2 billion to launch Disney cruises in Japan.

Persons: — Organizations: Disney, Service, Disney Resorts, Walt Disney Company, Business Locations: Tokyo, Oriental, Japan

☆ 'One of the greatest ways to invest in Asia': Fund manager names 6 under-the-radar stocks to buy
▼ + stars: | 2024-07-05 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Portfolio manager Richard Kaye is bullish on the Japanese market and believes it offers an opportunity "a lot of people don't recognize." The stronger performance of Japanese equities follows the Tokyo Exchange Group's push for reforms last year. Stocks to play Kaye believes several sectors and stocks in Japan make good plays right now. Among the companies on his radar are Fanuc Corp and Keyence Corp which are in the business of automation products. In medical electronics and health care, Kaye is bullish on Shimadzu Corp and Sysmex Corp .

Persons: Richard Kaye, Kaye, CNBC's Organizations: Tokyo Exchange, Fanuc, Keyence, Shimadzu Corp, Sysmex Corp, Tokyo Disney Resort, Tokyo Stock Exchange, U.S Locations: Japan, Asia, China, Tokyo, U.S

☆ Disney World is making it more expensive to skip the lines
▼ + stars: | 2024-06-26 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

Disney World is replacing its Genie+ service and individual Lightning Lane entry pass. Guests can use the Lightning Lane Multi Pass and Lightning Lane Single Pass starting July 24. AdvertisementWalt Disney World will allow guests to make ride reservations a week in advance — but there's a catch. "Walt Disney World will introduce new, simpler names to provide more clarity for everyone," a press release published Tuesday read. "Disney Genie+ service will become Lightning Lane Multi Pass, while individual Lightning Lane will now be known as Lightning Lane Single Pass."

Persons: Lightning, Lane, — Organizations: Disney, Service, Walt Disney, Disney Parks Blog, Lightning, Business Locations: Florida

☆ Welcome to Fantasy Springs, Tokyo DisneySea’s new land
▼ + stars: | 2024-06-06 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +5 min

Tokyo DisneySea's Fantasy Springs port has three themed areas and a new hotel, pictured. Tokyo Disney ResortA few Disney firstsVisitors to the new port first head through a tunnel passage made of rocks shaped like Disney characters from the three film franchises that inspired Fantasy Springs. One of the most anticipated additions inside Fantasy Springs is undoubtedly Rapunzel’s Forest, Disney’s first Tangled-inspired themed area. How to access and stay in the parkThe Tokyo DisneySea Fantasy Springs Hotel offers two options: The Fantasy Chateau and the more luxurious Grand Chateau (pictured here). Tokyo Disney ResortA one-day Fantasy Springs Magic passport is currently included for guests buying one of Tokyo Disney’s hotel vacation packages or available for purchase by those staying at the new Tokyo DisneySea Fantasy Springs Hotel inside the expansion.

Persons: Peter Pan, Flynn Rider, Peter Pan’s, Tinker Bell, John Darling –, Captain Hook, won’t, “, ”, Anna, Elsa, bakehouse Organizations: CNN, Tokyo, Disney, Oriental Land Co ., –, Tokyo Disney, Visitors, Resort, Spotify, Springs Hotel, Springs, Tokyo Disney Resort Locations: DisneySea, Tokyo, United States, Corona, Fantasy Springs, Fantasy

☆ International Disney parks target U.S. customers with American influencers and bloggers
▼ + stars: | 2024-05-17 | by ( Kat Tenbarge | ) www.cnbc.com time to read: +6 min

As they were originally conceived, Disney's international parks were meant to "bring the unforgettable Disney magic to an international audience," according to the company. While the international parks themselves have always taken steps to accommodate diverse audiences — providing shows and attractions in multiple languages — Disney appears to be marketing the international parks to American audiences in more direct ways. In addition to the content creator efforts, Disney has begun to include its international parks in its own content consumed by Americans. In the Disney+ show "Behind the Attraction," which premiered in 2021, numerous variations on American rides at international parks were discussed and digested for American audiences. Disney creators around the world grew their followings, and demand for content from international Disney parks rose alongside them.

Persons: Peter Pan, Disney, Quincy Stanford, AllEars, Stanford, Emma Kenner, Kenner, Taylor Swift, Rolling Stone Organizations: Disney, Tokyo Disney, YouTube, Disney Parks, NBC, Tokyo Disneyland, Magic, Tokyo Disney Resort, Stanford, Walt Disney Co, Paris La Défense, Rolling, Swift Locations: China, Japan, Tokyo, Shanghai, Hong Kong, U.S, California, Florida, Tokyo ., Paris

☆ We stayed in a 'Toy Story'-themed hotel for $280 a night. Our small room was a great value with tons of awesome details.
▼ + stars: | 2024-05-05 | by ( Amanda Adler | ) www.businessinsider.com time to read: +1 min

The Toy Story Hotel at Tokyo Disney Resort allows guests to feel like they are stepping into a larger-than-life land of toys, without the larger-than-life prices that can come with staying on Disney property. This spring, my family of three checked in to the 595-room hotel, which is located near Bay Station on the Tokyo Disney Resort Line, the resort's dedicated monorail line. Our room was cozy but comfortable and only cost about $280 a night — a steal compared to American Disney hotels that can cost twice as much. Although this has caused turmoil in the markets, it may be good news for American travelers looking to save even more cash. At any cost, this themed hotel that opened in 2022 was a fun place to spend a few nights and offered superior access to Tokyo Disneyland.

Organizations: Service, Tokyo Disney Resort, Disney, Business, American Disney Locations: Tokyo, Bay, American

☆ Disney's largest shareholder Vanguard reportedly backing management over Peltz in board fight
▼ + stars: | 2024-04-02 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Disney's largest shareholder, index fund manager Vanguard, plans to support management over Nelson Peltz's Trian Partners in Wednesday's board vote, Bloomberg News reported Tuesday, citing unnamed people familiar with the matter. Vanguard owns 7.8% of Disney shares. BlackRock , Disney's second -largest shareholder with 4.2% of shares, is also supporting the incumbent board and CEO Bob Iger, The Wall Street Journal reported Monday. The reporting on how Disney's largest shareholders are supposedly voting prompted harsh criticism from one-time shareholder activist Bill Ackman on Tuesday evening. Through an arrangement with former Marvel Chairman Ike Perlmutter, Trian controls 1.8% of Disney shares, making it the fifth largest shareholder.

Persons: Bob Iger, Nelson Peltz's, Disney's, Bill Ackman, Ackman, Ike Perlmutter, Trian, Neuberger Berman, CalPERS, Jamie Dimon, George Lucas Organizations: Walt Disney Company, Shanghai Disney Resort's, Shanghai Disney Resort, Vanguard, Nelson Peltz's Trian Partners, Bloomberg News, Institutional, Disney, BlackRock, Street, Geode Capital Management, Marvel, Retail, JPMorgan Chase, Star Wars, CNBC, Bloomberg Locations: Shanghai, China, Disney's

☆ How my group of 8 spent $5,000 on a bachelorette weekend at Disney World — and which parts were the best value
▼ + stars: | 2024-03-12 | by ( Carly Caramanna | ) www.businessinsider.com time to read: +1 min

We booked one of Disney World's most affordable hotels. Carly CaramannaI've stayed at every Disney World hotel, and to keep within budget for this trip, we stayed at my favorite affordable resort, Wyndham Lake Buena Vista. Even though it's one of the cheapest Disney World hotels, I found it to offer a complete resort experience, like on-site dining, bars, a coffee shop, and an expansive pool complex. As an official Disney World hotel, our stay came with free transportation to the theme parks, which saved us money on costly ride-share services. We booked three rooms to share for two nights, and each night only cost about $100.

Persons: Carly Caramanna I've, I've Organizations: Disney, Disney World, Disney Springs Locations: Lake Buena Vista, Disney

☆ I'm a travel planner who's been to Disney World over 40 times. Here are 13 things I always do at the parks.
▼ + stars: | 2024-02-28 | by ( Kari Becker | ) www.businessinsider.com time to read: +8 min

I grew up going to Disney parks every year, and now I help plan vacations there for a living. I loved organizing Disney vacations so much that I even became a travel planner at Marvelous Mouse Travels, specializing in Disney destinations. Expedition Everest is my favorite ride on the propertyI can't get enough of Expedition Everest, from the theming in the line to the exhilarating ride up the mountain. We always make a point to properly experience Magic Kingdom at nightEverything is even more magical when it's all lit up. It's such a nostalgic part of Disney for me, and my boys love to ride it as much as I do.

Persons: —, I've, you'll, Kari Becker, benedict, Nemo, we're, there's Organizations: Disney, Service, Dole, Floridian, Grand Floridian, Animal Kingdom, Animal, Magic, Thunder Mountain Railroad, Epcot, Contemporary, Yacht Locations: Florida, Magic

☆ Hello Kitty theme park in Tokyo closed after ‘terrorist threat’
▼ + stars: | 2024-02-24 | by ( Heather Chen | ) edition.cnn.com time to read: +1 min

CNN —A Hello Kitty theme park in Tokyo has been forced to close for the day after it received a “terror threat,” its operator said. Sanrio Puroland, also known as Hello Kitty Land, is located in Tama New Town in north Tokyo. In a statement published on the park’s official website, operators said they received “a terrorist threat email” on Saturday. Hello Kitty is one of the most famous and recognizable Japanese brands of all time. Sanrio Puroland opened in 1990 and attracts over 1.5 million visitors per year – making it one of Japan’s most popular theme parks, along with Tokyo Disney Resort.

Persons: Sanrio Puroland, ”, Kitty, Sanrio Organizations: CNN, ” Police, NHK, Reuters, Tokyo Disney Resort Locations: Tokyo, Kitty, Tama New, Japanese, Japan, United States, United Kingdom

☆ People are turning to TikTok and YouTube tutorials to plan increasingly complicated Disney trips
▼ + stars: | 2024-02-03 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

YouTubers, influencers, and bloggers are tapping into a new market — Disney park planning. AdvertisementPeople are turning to YouTube videos and TikToks to plan increasingly complicated Disney trips, The Washington Post reported. But for the less organized, Disney trips might seem like a nightmarish experience. Hart shares Disney planning trips for taking toddlers or preschoolers to the parks on her YouTube channel, where she has more than 19,000 subscribers. The site has racked up hundreds of thousands of views sharing a variety of "tips, tricks and tutorials" on visiting Disney parks.

Persons: —, Rob Kayris, Kayris, it's, Bekah Hart, Hart, She's, TikToker Brooke Raybould, Raybould Organizations: Plus, Disney, Service, Washington Post, YouTube, Plan, Magic, Ear Scouts, Genie, Post

☆ Judge dismisses Disney lawsuit against Florida Gov. Ron DeSantis alleging retaliation
▼ + stars: | 2024-01-31 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Ron DeSantis stands at a campaign event at the Los Angeles Harbor Grain Terminal on September 29, 2023 in Long Beach, California. A judge on Wednesday dismissed a federal lawsuit Disney filed against Florida Gov. Judge Allen Winsor ruled that Disney lacked legal standing to sue DeSantis and the secretary of Florida's Commerce Department. DeSantis had touted the law, and his fight with Disney, during his unsuccessful run for the Republican presidential nomination. A Disney spokesperson told CNBC Wednesday, "This is an important case with serious implications for the rule of law, and it will not end here."

Persons: Ron DeSantis, Allen Winsor, DeSantis, Winsor, Disney Organizations: Gov, Disney, Florida Gov, Florida's Commerce, Central, Republican, Walt Disney Resort, CNBC Locations: Long Beach , California, Florida, Central Florida, U.S, Tallahassee

☆ 8 things to pack for a Disney vacation and 3 to leave behind, from a travel planner who's been to the parks over 40 times
▼ + stars: | 2024-01-31 | by ( Kari Becker | ) www.businessinsider.com time to read: +6 min

Read previewAfter going to Disney World over 40 times, I've become quite the packing professional. If you've spent any time in the Orlando area, you know it will most likely rain during your Disney trip. My favorites are the rose-gold Minnie ears, but I've been eyeing the Haunted Mansion and It's a Small World ones for a while. Kari BeckerYou can pay for almost everything at Disney World with Disney gift cards, including dining, merchandise, and resort charges. I love this aspect of Disney World because it means there are wonderful dining options with upscale food that are still family-friendly.

Persons: —, I've, I'm, you've, Kari Becker I've, fanny, Kari Becker It's, Mickey, Minnie, Kari Becker, Alberts, you'll Organizations: Service, Disney, Business, Disney Genie, Magic Kingdom, Floridian, Yacht Locations: Orlando, River, Victoria

☆ I paid over $1,200 for me and my husband to spend 2 days at Disney World without our kids
▼ + stars: | 2024-01-23 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

I recently spent over $1,000 for me and my husband to have a kid-free day at Disney World . We spent 14 hours in the theme parks , rode over 10 attractions, and ate our favorite foods. AdvertisementAs an annual passholder and a journalist who covers theme parks, I spend a lot of time at Disney World. My whole family used to have annual passes as well, but as my two teens have gotten older, they're not as excited about long days in theme parks. I recently paid over $1,000 for us to spend a full day (from park-open to park-close) at Disney World.

Persons: —, we've Organizations: Disney, Service

☆ How my family of 4 spent nearly $10,000 on a Disney World vacation — and what we'll be cutting next time
▼ + stars: | 2024-01-18 | by ( Matt Cabral | ) www.businessinsider.com time to read: +7 min

My family of four recently spent nearly $10,000 on our eight-night trip to Disney World. Since we spent more than a day in each of our favorite parks, we didn't splurge on Genie+. AdvertisementWhen it comes to making magical memories at Disney World, my family of four has been there, done that, and gotten the T-shirt — and the collectible popcorn buckets. We spent our Epcot days sampling smaller bites around the World Showcase, which served as budget-friendly breakfasts, lunches, and dinners. Overall, if we return to Disney this year, we're going to rethink our dining budgetWe haven't decided whether we'll make it back to Disney World in 2024.

Persons: —, we've, Matt Cabral, Yehaa Bob Jackson —, Genie, We'd, Mickey isn't, it's, could've, Sally, we're, haven't, Heck Organizations: Disney, Service, Disney's Port, Christmas Party . Transportation, Port, Hollywood Studios, Animal Kingdom, Wine, Epcot, Christmas Party, Mad Tea Party, Tomorrowland Locations: Rhode Island, Orlando, Disney's Port Orleans, Providence , Rhode Island, Orleans, Riverside, Louisiana, Matt Cabral Port, Disney Springs, Kingdom, Epcot, USA

☆ How my family of 5 spent $7,000 on our first trip to Disney World and Universal, more than double what we'd typically pay for a vacation
▼ + stars: | 2023-12-05 | by ( Mandy Bray | ) www.businessinsider.com time to read: +6 min

Our Disney World and Universal Orlando trip for a family of five cost about $7,000 for six nights. AdvertisementIn July, our family of five checked a Disney World and Universal Studios trip off our bucket list. AdvertisementWe'd book a family suite at a Disney resort againOur kids enjoyed the pools at Disney's All-Star Music Resort. AdvertisementAt about $7,000, our Disney and Universal trip cost more than double what we've spent on other vacations. We won't be annual Disney World trekkers anytime soon, but we'll probably be back.

Persons: —, Mandy Bray, could've, We'd, I'd, Harry Potter, Bourne, we've Organizations: Disney World, Universal Orlando, Disney, Service, Universal Studios, Transportation, Universal Express, Universal, Universal Studios Orlando, Animal Kingdom, Hollywood Studios Locations: Indianapolis, Orlando, Florida, Epcot, National

☆ Disney CEO Iger promises 2026 exit, says ABC not for sale
▼ + stars: | 2023-11-29 | by ( Lisa Richwine | ) www.reuters.com time to read: +1 min

Disney's Chief Executive Officer Bob Iger holds a news conference at Shanghai Disney Resort as part of the three-day Grand Opening events in Shanghai, China, June 15, 2016. REUTERS/Aly Song/File Photo Acquire Licensing RightsLOS ANGELES, Nov 29 (Reuters) - Walt Disney (DIS.N) Chief Executive Bob Iger said on Wednesday he would "definitely" step down when his current contract ends in 2026 and that the ABC broadcast network was not for sale. Iger returned to Disney as CEO in November 2022, less than a year after he retired, to revamp the media company after the board ousted his hand-picked successor, Bob Chapek. Disney's ABC unit is not up for sale, Iger said as the company deals with a decline in linear television because viewers are shifting toward streaming. Iger had said earlier this year that networks such as ABC may not be "core" to Disney going forward.

Persons: Bob Iger, Aly, Walt Disney, Iger, Bob Chapek, Zaheer Kachwala, Lisa Richwine, Maju Samuel, Cynthia Osterman Organizations: Shanghai Disney Resort, REUTERS, ABC, New York Times Dealbook Conference, Shanghai, Disney, New York Stock Exchange, Thomson Locations: Shanghai, China, Bengaluru, Los Angeles

☆ Disney is in trouble. Bob Iger has 5 big problems to solve
▼ + stars: | 2023-11-08 | by ( Samantha Delouya | ) edition.cnn.com time to read: +8 min

Last quarter, Disney’s linear television revenue continued to slip, declining 7% compared to the same quarter last year. Disney World angstIt may not be all bad news for Disney, though. However, Disney World Resort in Florida has struggled with declining attendance in recent months. Over the summer, Disney World parkgoers experienced shorter-than-expected ride wait times and fewer crowds. Nearly one year ago, Iger unexpectedly came out of retirement to take over the role of Disney CEO once again after the board unexpectedly fired his successor, Bob Chapek.

Persons: Ron DeSantis, Bob Iger, Hugh Johnston, Christine McCarthy, Iger, ” Iger, I’ve, expansively, Indiana Jones, Reynaud Julien, Bank of America’s Jessica Reif Ehrlich, Ehrlich, Jason Bazinet, Disney, Disney isn’t, ”, Vijay Jayant, underperformance, Bob Chapek, Johnston Organizations: Los Angeles CNN, Disney, Republican, Gov, Warner Bros, CNN, Media, YouTube, ESPN, Wall Street, PepsiCo, ABC, Disney Channel, Geographic, “, Destiny, Cannes Film, APS, Bank of America’s, Citigroup, Shanghai Disney Resort, Hong Kong Disneyland Locations: Florida, Refinitiv, Cannes, France, Canada, Hulu, Shanghai, Hong, Central Florida

☆ Disney's top-selling merchandise line in Asia is this under-the-radar fluffy bear
▼ + stars: | 2023-09-21 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Duffy and Friends is Disney's top-selling franchise in Asia, having generated $500 million in revenue this year. Duffy, a fluffy bear, was introduced in 2002 with a back story linked to Mickey and Minnie. The revenues include sales from Shanghai Disney Resort, Hong Kong Disneyland, and the Tokyo Disney Resort in Japan. AdvertisementAdvertisementThe back story for the fluffy bear involves Minnie Mouse hand-sewing the stuffed bear to accompany Mickey on a long sea voyage from Cape Cod. Both Duffy and LinaBell can be seen in a Disney video from September 2021, which shows the fluffy bear meeting his new fox friend.

Persons: Duffy, Mickey, Minnie, Mel, LinaBell, there's Organizations: Service, Disney, Shanghai Disney Resort, Tokyo Disney Resort, Walt Disney World, Shanghai, Shanghai Daily Locations: Asia, China, Wall, Silicon, Shanghai, Hong Kong, Tokyo, Japan, Orlando , Florida, Cape Cod

☆ Disney to nearly double parks spending to $60 billion over 10 years
▼ + stars: | 2023-09-19 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +3 min

Sept 19 (Reuters) - Walt Disney (DIS.N) said on Tuesday it would nearly double its capital expenditure for its parks business to about $60 billion over the next 10 years. Disney CEO Bob Iger and Josh D'Amaro, the company's parks chief, announced the accelerated pace of investment at a gathering of Wall Street analysts and investors at Walt Disney World Resort in Orlando, Florida, focused on the company's parks business. Parks have become a reliable profit engine for Disney and has helped cushion losses in the Disney+ streaming business, which is expected to become profitable only next year. The announcement of the planned investment followed a slowdown at Walt Disney World in Orlando, as attendance surges at its parks around the world, particularly Shanghai Disney Resort and Hong Kong Disneyland. Disney also plans to nearly double the capacity of its cruise line, adding two ships in fiscal 2025 and another in 2026.

Persons: Walt Disney, Bob Iger, Josh D'Amaro, Parks, Iger, Disney, Ron DeSantis, Mario Anzuoni, Paul Verna, Thomas Hayes, Samrhitha, Dawn Chmielewski, Shailesh Kuber, Chizu Nomiyama, Paul Simao, Aurora Ellis Organizations: Disney, Wall Street, Walt Disney World, Disney California, Hollywood Studios, Republican, REUTERS, Insider Intelligence, Walt Disney, Shanghai Disney Resort, Great, Thomson Locations: Orlando , Florida, California, Orlando, Florida, Anaheim , California, U.S, Shanghai, Hong Kong, Great Hill, Bengaluru, Dawn, Los Angeles

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