Tag: Disney
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Disney will name Bob Iger’s replacement in early 2026
Disney has tapped James Gorman to replace Mark Parker as the company’s next chairman, effective in January, as the media giant lays the groundwork to name a successor for CEO Bob Iger in early 2026, the company said Monday. Gorman joined Disney’s board less than a year ago and was named the head of the succession planning committee in August.…
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Disney rolls out line-skipping park passes costing up to $449
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 Lightning Lane Premier Pass pilot program will begin Oct. 23 at Disneyland Resort theme parks in Anaheim, California, and on Oct. 30 at Walt Disney…
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Tourists who came for a sunny Disney vacation are instead stranded by the storm
They went to Disney World for theme park rides and photo ops with Mickey Mouse. Now they’re adding an unexpected adventure to their Disney vacations: Hunkering down at the resort to ride out a ferocious hurricane that is headed toward Florida. In the past few days, Hurricane Milton has morphed from a pesky storm system…
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Hurricane Milton could reduce Disney earnings, Goldman says
Projected park closures and disruptions from Hurricane Milton could cut into Walt Disney’s earnings, according to Goldman Sachs analysts. The firm estimated Tuesday that the hurricane, projected to make landfall in central Florida as soon as Wednesday, could reduce earnings before interest and taxes for Disney’s Parks and Experiences segment by about $150 million to $200 million in…