Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Disneyland Paris"


25 mentions found


Stock Chart Icon Stock chart icon Performance since Nov. 1 closeThe stock market reaction Wednesday to Republican Donald Trump's victory over Democrat Kamala Harris was swift and powerful, sending the Dow , the S&P 500 and the Nasdaq to all-time highs. For the week, consumer discretionary, energy, industrials, financials, and information technology were the top five sectors. Only time will tell how the balance of power will play out and whether it's good or bad for the stock market. Barring anything catastrophic, President Joe Biden and Vice President Harris will hand Trump the baton of a healthy economy with moderating inflation and a strong stock market. Stock Chart Icon Stock chart icon Disney YTDDisney reports before the bell Thursday, and its experiences business will be in focus as it has softened recently due to the recent hurricane activity that forced closures at Florida theme park locations and inflation-weary consumers.
Persons: Donald Trump, Jerome Powell, Drew Angerer, Republican Donald Trump's, Kamala Harris, Dow, Jim Cramer, Wells Fargo Morgan Stanley, Trump, Joe Biden, Harris, FactSet, Helene, Milton, we're, Disney's, Tyson, JD.com Organizations: Federal, White House, Republican, Dow, Nasdaq, Staples, Honeywell, White, Capitol, Republicans, NBC News, Trump, Depot, Disney, CPI, PPI, Home Depot, Summer, IAC, Hertz, Tyson Foods, TSN, AstraZeneca, Occidental Petroleum, Rocket Companies, Cisco, Parts Locations: Washington ,, financials, Washington, inflect, Florida, Paris
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
Editor’s Note: CNN Style is one of the official media partners of Paris Fashion Week. Fashion house Coperni took over Disneyland Paris on Tuesday evening and staged their show in front of the iconic Sleeping Beauty castle. Brand history was similarly front and center at Alexander McQueen, where Seán McGirr showed his second collection for the label. River Callaway/WWD/Getty ImagesBirds were a recurring motif in the Stella McCartney collection shown during Paris Fashion Week and chosen by the designer to protest their use in the fashion industry. Jerome Domine/Abaca Press/Sipa USA"I’ve been thinking of the billions of birds that get killed for the fashion industry," said McCartney.
Persons: Coperni, Lyvans Boolaky, Chemena Kamali, Pascal Le Segretain, Valentino, Alessandro Michele, Gucci, Michele, Alexander McQueen, Seán McGirr, , Johanna Geron, Ann Demeulemeester, Stefano Gallici, ” Gallici, Francois Durand, Alphonse Maitrepierre’s, Donald Duck, Miyake, Julien De Rosa, Kristy Sparow, Issey Miyake, Wool, knitwear, Mickey, Sébastien Meyer, Arnaud Vaillant, , Chanel, Van Noten, Sarah Meyssonnier, Stella McCartney, I’ve, McCartney, Jerome Domine, Jerome, Andreas Kronthaler, Vivienne Westwood’s, Paul Watson, Dame Vivienne, Vivienne Westwood, Louis Sullivan, Junya Watanabe, Dior, , Sagg Napoli, Sofia Ginevra Giannì, Jonathan Anderson's, Loewe, Ik, Louis Vuitton, Miu Miu, Miuccia Prada, Goshka Macuga, Saint Laurent, Yves Saint Laurent, Demna Gvasalia, Giovanni Giannoni, Dykes, Williams, Harri Shanahan, Thatcher, Antonin Tron, Gigi Hadid, McGirr, Donald, Justin Shin, Mary Jane, Victor Virgile Organizations: CNN, Paris, Paris CNN, Paris Fashion, Disneyland Paris, Getty, Pompidou, Disney, Balmain, Reuters, Callaway, Fashion, Abaca, Louis, Art, femmes, Lingerie Locations: France, Europe, Chloé, AFP, Paris, Bermuda, Greenland, Stockholm, London, Balenciaga, Siân
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Raymond James, Analysts, They're, Jim, Stocks, McCormick, Charles Schwab, Clorox, Jim Cramer's Organizations: CNBC, Nasdaq, Dow Jones, Wall, Israel, Coterra Energy, Disney, Paris Olympics, Disneyland, Apple, Barclays, Apple Intelligence, Boeing Locations: Iran, Disneyland Paris
‘Emily in Paris’ Goes on a Roman Holiday
  + stars: | 2024-09-10 | by ( Calum Marsh | ) www.nytimes.com   time to read: +1 min
“Emily in Paris,” the hit Netflix series about a young American living a life of romance and luxury in France, has ignited a blaze of indignation since it premiered in late 2020. Emily’s clumsy grasp of the native tongue, brash designer clothes and exaggerated encounters with dashing chefs and flamboyant artists left some Parisians irate and American expatriates embarrassed, even as it became one of Netflix’s most popular comedies. Invited by her new Italian love interest Marcello (Eugenio Franceschini), she zooms around on his scooter, offering a picture-postcard view of the Eternal City with stops at touristic hallmarks like the Trevi Fountain, the Colosseum and the Spanish Steps. As he entices Emily to move on to a new European capital, Marcello makes a pitch that doubles as the season’s mandate: “Forget about crepes. We’ll be eating pizza.”
Persons: Emily, , Lily Collins, Marcello, Eugenio Franceschini, Trevi Organizations: Netflix, French, Liberation Locations: Paris, American, France, Rome
Disney World is entering its villain era
  + stars: | 2024-08-11 | by ( Lauren Edmonds | ) www.businessinsider.com   time to read: +6 min
Read previewDisney Experiences Chairman Josh D'Amaro unveiled ambitious plans for Walt Disney World, including new attractions and in-park destinations. Advertisement"As we develop the next generation of Disney Experiences, we're always looking for new ways to tell the stories people love," D'Amaro said. Representatives for Walt Disney World did not immediately respond to a request for comment from Business Insider. Disney beyond FloridaD'Amaro also shared details about how other Disney theme parks would expand. AdvertisementAlthough Disney is investing heavily in its domestic theme parks, it also plans to expand Disneyland Paris and Shanghai Disneyland.
Persons: , Josh D'Amaro, D'Amaro, Araya Doheny, Disney, who've, we're, Joe Burbank, Indiana Jones, Hugh Johnston, Ron DeSantis, Disney hadn't, Florida D'Amaro, James Cameron's Organizations: Service, Walt Disney, Disney, Lucasfilm, Marvel Studios, Business, Walt Disney World, Central Florida . Magic, Magic Kingdom, Orlando Sentinel, Tribune, Getty Images, Pueblo Esperanza, Hollywood Studios, Pixar, Inc, The Central, Florida Gov, Marvel, Disney California, Shanghai Disneyland Locations: Anaheim , California, Central Florida, Florida, Animal Kingdom, Pueblo, Disney, The Central Florida, California, Paris, Shanghai
Artist concept for an attraction at a new “Cars”-themed area coming to Frontierland at Disney’s Magic Kingdom. To mark the occasion, the company will create the first-ever audio-animatronic version of Walt Disney, with a level of complexity of technology that has yet to be seen in a Disney park. Across the esplanade at Disney California Adventure park, Avenger’s Campus will more than double in size, with construction beginning in 2025. Artist concept of Disney’s first theme park ride based on “Coco,” which breaks ground in 2026. In Paris, Disney’s first-ever theme park attraction based on “The Lion King” will be built at the renamed Disney Adventure World park.
Persons: Walt Disney, Josh D’Amaro, Shaboozey, Billy Crystal, Mike Wazowski, Madrigal, Antonio, Indiana Jones, Indiana Jones ”, Disney’s Encanto, Disney Oscar, Ke Huy Quan, “ Indiana Jones, , D’Amaro, “ We’re, Lincoln ”, ” D’Amaro, , Disney’s, King Thanos, “ Coco, What’s, King ”, Simba, Epic Games Disney, Doom, Megan Thomas Organizations: CA CNN, Disney, Honda Center, CNN, Walt Disney Parks and Resorts, Walt Disney, Magic, Disney Magic, Walt Disney World, Hollywood Studios, Inc, Monsters Inc, Tokyo Disney, Pueblo Esperanza, Indiana Jones, EPCOT, Disneyland, Opera House, Infinity Defense, Stark, Pandora, Disney Cruise, Disney Destiny, Disney Parks Shanghai, Hong Kong Disney, Marvel, Epic Games, Epic, Star Locations: Anaheim, CA, Anaheim , California, Florida, California, Star, Tokyo, Disney’s, , Pueblo Esperanza, Disney, Imagineering, New York City, Disney California, Hong Kong, Shanghai, Tomorrowland, Paris, Fortnite, livestream
“The IOC will reallocate the bronze medal to Ana Bǎrbosu (Romania),” the statement said. But her coach, Cecile Landi, submitted an inquiry to challenge the difficulty score Chiles had received. The court agreed, invalidating Chiles’ score, and the International Gymnastics Federation, known as FIG, then announced that it had officially changed the ranking of the competition, putting Chiles back in fifth place. “The inquiry into the Difficulty Value of Jordan Chiles’ floor exercise routine was filed in good faith and, we believed, in accordance with FIG rules to ensure accurate scoring,” the statement said. AdvertisementA few days later, she was in the floor exercise final.
Persons: Jordan Chiles ’, Ana Bǎrbosu, Chiles, Cecile Landi, Sabrina Maneca, Landi, Jordan Chiles, Jordan, ” Chiles, , ” Simone Biles, Naomi Baker, Simone Biles, Sunisa Lee, Lee, She’s, Organizations: Paris Games, International Olympic, National Olympic, Sport, International Gymnastics Federation, U.S, Olympic, Paralympic Committee, Disneyland Paris Locations: Romania, Bǎrbosu,
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
So I thought, ‘Let me see if I can go to the Athens Olympics. An unexpected opportunityOmaira got to watch the final dress rehearsal of the opening ceremony of the Athens 2004 Olympic Games on August 13, 2004. And then Omaira was off to work at the shooting center, where the Games’ shooting events were held. But while Omaira was cultivating a pretty heady crush, Dimitris didn’t really have time to engage with his potential feelings. Omaira GillThis year marks 20 years since Omaira and Dimitris crossed paths at the Athens Olympics.
Persons: CNN — Omaira Gill, ” Omaira, ‘ I’m, , , Omaira, ’ ”, … ’, , , Omaira didn’t, “ I’d, David Gray MD, she’d, ’ Omaira Gill, Dimitris Athanasiou, Dimitris, , they’re, ” Dimitris, ” Dimitris ’, hadn’t, Dimitris who’d, he’d, Dimtiris, Dimitris didn’t, Dimitris quizzed, “ Will, She’d, I’m, … ’ ”, couldn’t, didn’t, “ You’ve, Dimitris ’, that’s, we’d, Omaira Gill, Paulo Coelho, “ Omaira, ” Here's Dimitris, Omaira Gill Omaira, Hermes, Dimitiris, Hector, Orion, they’ll, “ Hermes, We’re, Dimitris – Organizations: CNN, Olympic, CNN Travel, Athens, , ‘ Volunteers, Uni, Reuters, Olympics, Olympic Games, Paralympic, MSN, Omaira, , Athens Olympics, Stade de France, Disneyland Locations: Athens, Greece, Birmingham, United Kingdom, London, inbox, Omaira, Pakistan, India, Paris, Disneyland Paris, Europe
A mass IT outage has disrupted operations in many industries, including theme parks. Disneyland Paris display screens went blank, while Universal Studios Japan suspended in-person ticket sales. The outages came at the height of the summer tourist season. AdvertisementThe mass IT outage is causing problems for everyone — even Mickey Mouse. The outage has disrupted industries and organizations worldwide, including Disney's international theme parks.
Persons: , Mickey Mouse Organizations: Universal Studios Japan, Service, The Financial Times, CNN, Business Locations: Paris, Hong Kong
New York CNN —An activist hacking group claimed it leaked thousands of Disney’s internal messaging channels, which included information about unreleased projects, raw images computer codes and some logins. Nullbulge, the “hacktivist group,” claimed responsibility for the breach and said they leaked a gigantic, roughly 1.2 terabytes of information from Disney’s Slack, a communications software. In an email on Monday to CNN, the group claimed it gained access through “a man with Slack access who had cookies.” The email also claimed the group was based out of Russia. The hackers said they leaked the data because making demands of Disney would be futile. “If we said ‘Hello Disney, we have all your slack data’ they would instantly lock down and try to take us out.
Persons: , Disney’s Slack, Slack, Disney, , Nullbulge, CNN’s Erika Tulfo, Jon Passantino Organizations: New, New York CNN, CNN, ESPN, Hulu, Disney, ABC News, Disneyland, Screen Actors Guild, Writers Guild of America, Sony Pictures Locations: New York, Russia, Disneyland Paris, North Korea
It had been more than a year since the Covid pandemic had forced Disney's domestic parks to shutter, but D'Amaro, chair of Disney's experiences division, was confident guests would flood back in when the gates reopened. Revenues fell 35% in 2020, a nearly $10 billion decrease from the $26.2 billion the experiences division had tallied in the year before the pandemic. The experiences division posted record revenue of $32.5 billion in fiscal 2023, a 16% increase from the prior year. Its innovations, from ride mechanics and animatronics to creature design and immersive architecture, have made Disney's parks a standout in the industry. Storytelling is at the heart of everything across Disney's experiences division.
Persons: Mickey Mouse, Ian Langsdon, Josh D'Amaro, D'Amaro, Bob Chapek, D'Amaro —, Walt Disney, King Arthur Carousel, Christian Thompson, you've, it's, Bob Iger, Nelson, Walt Disney Imagineering, Rey, Kylo Ren, Judy Hopps, Imagineers, CNBC —, Lewis, Disney, Imagineering, Matt Stroshane, Alan Bergman Organizations: Paris, Afp, Getty, Gibson, Disney, Walt Disney Imagineering, Hong Kong Disneyland, Walt Disney, Guardians, Magic Kingdom, Epcot, Star Wars, California Disneyland's, Walt Disney Imagineering's, Disney Engineers, Force, Southwest, CNBC, Galactic, Marvel Locations: California, Burbank, Disneyland, Hong Kong, Shanghai Disneyland, Florida, Epcot, Magic, Wharf, Disneyland's, Disney's, Edge
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Disney: One of the sales we made Monday was in Disney; the other was in Alphabet. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, it's, Stanley Black, Decker, Disney's, Nelson Peltz, Jim, It's, Tommy Hilfiger, Calvin Klein, Jim Cramer's, Mickey, Minnie, Ian Langsdon Organizations: CNBC, Disney, Trian, Bank of America, Peltz, Club, Starbucks, Dell, Micron, AMD, PVH Corp, Jim Cramer's Charitable, Paris, Afp, Getty Locations: Disney, Marne, Paris
In fact, the world is brimming with destinations that effortlessly cater to both lovebirds and jet-setting families, merging fine dining, lavish lodging, and kid-approved activities. Go adventuring in St. LuciaSt. Lucia holds a special place in my family's hearts, as one of our first international destinations. Taryn White says that while CrossKeys Vineyard is great for couples, families with kids can also enjoy the atmosphere. Courtesy The Trip Wish ListFor those seeking a luxurious family retreat, there are many options, like Salamander Middleburg in Loudoun County. It also has family suites complete with bunk beds or twin beds, ensuring that everyone has plenty of space to unwind after a day of sightseeing.
Persons: , I've, Lucia St, Lucia, Bean, there's, Walsh, Taryn White, CrossKeys, Paris isn't, Gigi, Angelina Organizations: Service, des Pitons, Gros, Petit, Resorts, Aurora, Aurora Entertainment, Virginia Wine, Veritas, Keswick Hall, Michelin, Jardin du, Jardin des, Louvre Museum, Fish Locations: Maldives, French Polynesia, Caribbean, St, Sulphur Springs, New Jerusalem, Morne, des, Anguilla, Little Bay, Sandy Islands, Zemi, Aurora, Morais, Salamander Middleburg, Loudoun County, Albemarle County, Clifton, Paris, Jardin, Jardin du Luxembourg, Jardin des Tuileries, Hana, Makena
HONG KONG (AP) — Hong Kong Disneyland opened its first Frozen-themed attraction on Monday, with thousands of eager visitors turning up to experience the new rides, some lining up for hours to get an early start. Now that Chinese tourists are venturing abroad again after the pandemic, the pandemic, the new attraction is meant to be a game changer for a theme park that has run losses for years. Some of the hundreds of Disney fans who lined up hours ahead of time were dressed like characters from Frozen. “The World of Frozen is really well-designed and beautiful,” said Darmanic, whose family was making its first visit to the Hong Kong theme park. Hong Kong has been beefing up the park to try and draw more visitors.
Persons: , Josh D’Amaro, Bryan Darmanic, Darmanic, Winnie Ip, ” Ip Organizations: Hong Kong Disneyland, Disney, Tokyo DisneySea, Paris Locations: HONG KONG, Hong Kong, California, Macao, Shanghai, Tokyo, Arendelle
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Streak continues, sans DowMajor U.S. indexes continued their blistering winning streak Wednesday — except for the Dow Jones Industrial Average, which snapped a seven-day streak. Weakness in ArmArm reported earnings for the first time after its initial public offering. Stock markets are enjoying their longest winning streak in two years.
Persons: Mickey, Minnie, Marks, Spencer, Organizations: Paris, CNBC, Dow Major, Dow Jones, Disney, UBS UBS, UBS, Credit Suisse Locations: Marne, Paris
The end of the Hollywood actors' strike takes a risk off the table for Disney (DIS) — just as CEO Bob Iger's turnaround plan for the entertainment giant is starting to show real progress. Prior to the announcement, Disney CEO Bob Iger told CNBC that the strike's impact on the business had so far been "negligible." DIS YTD mountain DIS stock performance year-to-date. With Disney's strong quarterly cash flow and healthy balance sheet, Jim said he expects a stock buyback as soon as next year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Bob Iger's, Bob Iger, Jim Cramer, Jim, Cramer, Disney, Morgan Stanley, Jim said, Jim Cramer's, Mickey, Minnie, Ian Langsdon Organizations: Hollywood, Disney, SAG, CNBC, Investors, Iger, Management, ESPN, Paris, Afp, Getty Locations: Marne, Paris
Newlyweds Natalie and Brett Schwartz exchanged vows at Walt Disney World in Orlando this summer. "Our approach was to shine a light on the beautiful tapestry of people that come to Walt Disney World," Trejo said. Francis Dominic, the former parks worker turned influencer, has also been tapped to promote Disney parks and films. It's a difficult tightrope to navigate, but it could define the future of Disney parks. Are you a Disney parks or Walt Disney Co. insider?
Persons: Sarah Rachul, I'm, Rachul, Orlando —, , Molly May, Francis Dominic, Dominic, who's, Taylor, Ron DeSantis —, Japan pavilion's Takumi, Jonathan de Araujo, it's, Tara Goldstein, Ann van Oostendorp, Disney, Van Oostendorp, Natalie Schwartz, Brett, Schwartz, Sierra Keller's, Keller, Natalie, Brett Schwartz, Jason Petrina, he's, Disney's, He's, They're, Petrina, Mickey, Chris Evans, Zoe Saldaña, What's, Wan Kenobi, Emperor Palpatine, she'd, welling, haven't, Neph Trejo, Walt, " Trejo, It's, Halle Bailey, Kent Phillips, Gaston, Jeremy Singh, I'd, Singh couldn't, he'd, Singh, they're, Patrick Dougall, Mark Eades, Eades, we've, Amanda Krause, Reed Alexander Organizations: Walt Disney, Epcot, Disney Vacation, Disney, Mouse, Disneyland, Disney Parks, Walt Disney Co, Florida Gov, Universal, Guardians, Galaxy, University of Tampa, Disney World, Honeymooners, Star Wars, Marvel, Magic, Cafe Orleans, Disney World's Hollywood Studios, Hollywood Studios, Star, Gucci, Dooney, Animal, Dole, Walt Disney World's, ABC, Getty, Management, Disney Imagineer, Disneyland Alumni Locations: Ohio, Disney, Orlando , Florida, Anaheim , California, Italy, China, Tuscany, Orlando, Florida, Disneyland Paris, Tokyo, Japan, Epcot, California, Anaheim, Belle Terrace, Hollywood
And you might even find that the best credit card for you isn’t even branded as a Disney credit card. The best credit cards for Disney World and Disneyland ticketsWhile there’s no one-size-fits-all credit card for Disney trips, there are a handful of good options. Ink Business Cash® Credit Card : Best for purchasing Disney gift cards. Fortunately, the 5% discount can be used for third-party gift cards sold at Target (not including Target gift cards). Disney Premier Card: Best for Disney park savingsThe Disney Premier card offers special discounts on merchandise for its card members.
Persons: you’re, Hopper, you’ll, Chase, that’s, we’ve, Mickey, Minnie, You’ll Organizations: CNN, American Express, Disney, Disney World, Mastercard, Capital, Target, American Airlines AAdvantage, United Airlines MileagePlus, Air Canada, Hyatt, Hyatt . Capital, Venture, Staples, BJ’s Wholesale, Sam’s, Ink, Wholesale, Citi, Disney Premier Locations: California, Paris, Tokyo, Shanghai, Hyatt ., DisneyPlus.com
Disney's ongoing feud with Ron DeSantis is certainly a factor. Ron DeSantis, it's pretty clear that the park's problems run deeper than a political beef. While crowd sizes are down in the US parks, revenue is up at international Disney parks such as Disneyland Hong Kong. Despite the DeSantis dust-up, the park's biggest issue has nothing to do with politics — Disney World is damn expensive. Ron DeSantis Paul Hennessy/SOPA Images/LightRocket via Getty ImagesIt's also clear that a cut back on vacationing is not the issue.
Persons: Ron DeSantis, Disney execs, Li Zhihua, execs, DeSantis, , Ron DeSantis Paul Hennessy, Courtney Garcia, Garcia, Samantha Delouya, Bob Iger Organizations: Disney, Service, Walt Disney, Florida Gov, Wall Street Journal, Hollywood Studios, Shanghai Disney Resort, Hong Kong Disneyland, China News Service, — Disney, Getty, TSA, Payne Capital Management Locations: Wall, Silicon, Magic, Shanghai, Paris, Hong, Hong Kong, Florida
[1/3] A man looks at his phone as he passes by a screen advertising Walt Disney's streaming service Disney+ in New York City, U.S., November 12, 2019. The division ended the quarter with an operating loss of $659 million, compared with $1.1 billion in the prior quarter. At the same time, total subscribers to the flagship Disney+ service dropped by 4 million to 157.8 million. Inge Heydorn, a fund manager at GP Bullhound, said a question for investors is: "are the trade offs from lower marketing costs leading to lower subscribers?" "We've only just begun to scratch the surface of what we can do with advertising on Disney+," Iger said on a conference call with analysts.
The company plans to expand its streaming offerings by the end of the year with a new app that combines Disney+ and Hulu, Chief Executive Bob Iger said. Total subscribers to the flagship Disney+ service dropped by 4 million from the previous quarter to 157.8 million. Most of the defections came from the Disney+ Hotstar offering in India after it lost streaming rights to Indian Premier League cricket matches. "Striking a fine balance between customer acquisition versus financial performance is no easy feat." As Disney tries to build streaming, its traditional television business faces hurdles.
Botton line We've been saying for weeks that fiscal Q2 was not the one to rush in and get in ahead of. Not represented in the table, the Q2 loss was also smaller by $400 million quarter over quarter. Furthermore, management acknowledged churn could be a potential issue for one more quarter before returning to domestic sub-growth in the fiscal fourth quarter. As for theme park sales, this profitable growth engine remains in great shape, jumping nearly 38% to $6.76 billion in fiscal Q2. Iger's Strategy Updates Alongside fiscal Q2 results, we got some more news on the strategic changes Iger has for the company, about six months into his return as CEO.
New York CNN —Disney laid out the profit plan for Disney+ streaming service on its investor call after reporting its most recent quarterly results, and it’s likely not going to make its customers very happy. It entails cutting back on the content offered, selling more ads and charging higher subscription fees. The company’s ongoing efforts to trim losses and begin to make profits on its streaming business could disappoint some of the people who have enjoyed Disney+, however. “It’s critical we rationalize the volume of content we’re creating and what we’re spending to produce our content,” Iger said about the cuts to the streaming service. Iger said Disney is still learning the proper business model for streaming as it makes the transition.
Total: 25