food IS a theme park
Disney is preparing to lay off as many as 1,000 positions in the next few weeks, the Wall Street Journal has reported.
Walt Disney Studios
People familiar with the matter advised that many of the cuts will be in the company’s recently consolidated marketing department, marking one of the first notable moves under Josh D’Amaro, the new Chief Executive Officer.
On March 18th, The Walt Disney Company welcomed a new CEO, Josh D’Amaro, who previously served as the company’s Chairman of Disney Experiences.
Disney CEO Josh D’Amaro
Previous CEO Bob Iger stepped down and handed over the reins of the company to D’Amaro, with confidence that the latter would do a good job of leading Disney into the future. Since then, though, Disney has seen its share of wild moments, all thing the new CEO has already had to navigate during his short time in office. Let’s talk about some of those wild moments.
Let’s be honest: if you want to visit Disney World or Disneyland, it’s going to cost you. A Disney vacation is NOT cheap.
Magic Kingdom
Now, we’ve seen a lot of Disney fans grumbling recently about the price of visiting the U.S. parks, particularly about how pricey tickets seem to be getting. Even former Disney CEO Michael Eisner has recently spoken about how expensive Disney Parks are. Now, it has seemed like Disney has responded with a lot of great summer offers for both tickets and hotel stays, but what exactly does Disney’s new CEO, Josh D’Amaro, have to say about ticket prices?
You never know what sort of Disney news will drop at any given moment!
©Disney
From iconic lands beginning to fade away to company executive change-ups and even multimonth closures, the amount of Disney news we cover each week is surprising! It can be a lot to keep up with, so we’re wrapping it all up by breaking down the three biggest news stories from this week.
The Walt Disney Company just hit a major milestone, kicking off a new era of the company with a shareholders’ meeting.
©Disney
The meeting began with a goodbye from Bob Iger, followed by new Disney CEO Josh D’Amaro sharing his message to the fans and shareholders, giving a rundown of what has been accomplished in the past year and what is to come under his leadership. As part of that speech, we got an update about Disney’s focus for the future.
A major change has just hit the Walt Disney Company.
©Disney
Bob Iger has served as Disney’s CEO for many years (about 15 years in his first term and about 3 years and 5 months during his second term). He has made major changes throughout his tenure, acquiring brands like Pixar, Marvel, Lucasfilm, and 21st Century Fox. He oversaw the opening of Shanghai Disney Resort, the release of movies like Frozen and Avengers: Endgame, and the launch of Disney+. But now, a new Disney CEO has officially taken over.
The Walt Disney Company is getting a new CEO, and both fans and Cast Members alike are obsessed with him.
Josh D’Amaro at Destination D23, 2023 ©Disney
Josh D’Amaro takes the mantle as CEO on March 18th, 2026, and he has big, Mickey Mouse yellow shoes to fill. There’s no doubt that the leader of the media giant will bear the expectations of millions of fans and Cast Members alike, but he has one thing going for him ahead of time — people seem to love him.
It’s a big day for The Walt Disney Company — a day that we’ve known would arrive for years, but it feels a little surreal we’re actually here!
Josh D’Amaro at Destination D23, 2023 ©Disney
Today, Bob Iger officially steps down as CEO (originally, his contract stated he’d be CEO through the end of 2026, but when his replacement was announced, it was also revealed he’d be stepping down early), and the new CEO takes his place. What does a leadership change this large really mean? Well, we’re about to find out!
BIG things are happening at The Walt Disney Company. Current Disney CEO Bob Iger is stepping down, while Josh D’Amaro, current Chairman of Disney Experiences, will take over the role of CEO on March 18th (which is coming up soon).
Sleeping Beauty Castle in Disneyland
A new CEO means even MORE big changes for the company, but in the meantime, Disney has also been moving some folks around to replace D’Amaro, as well as other positions in the company. Now, we know who will succeed D’Amaro as Chairman of Disney Experiences, as well as who will fill some other leadership roles in the company.
Disney made plenty of waves in February, but one particular announcement was the size of a tsunami.
Josh D’Amaro at Destination D23, 2023 ©Disney
Despite being the year’s shortest month, February was not lacking in big Disney news. Whether it was theme park expansion progress or info regarding the returns of beloved offerings, Disney had us on the edge of our seats all month long. HOWEVER, one announcement was so big that even folks who don’t follow Disney closely took notice.
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