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The Walt Disney Company (DIS) is a global leader in entertainment and media, renowned for its streaming platforms, theme parks, and iconic franchises. This dedicated news hub provides investors and stakeholders with timely updates on corporate developments, financial performance, and strategic initiatives.
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The D23 Expo 2022, held from September 9 to 11 in Anaheim, California, showcases exclusive merchandise from Disney, Pixar, Marvel, and Star Wars, celebrating Disney's 100th Anniversary. The D23 Expo Marketplace, spanning 27,000 square feet, will feature limited-edition items and special collections. Attendees can explore three unique retail spaces at Mickey's of Glendale and shop for exclusive books from Disney Publishing. Single-day tickets are available for $99 for adults and $79 for children. This event promises a blend of shopping, presentations, and interactive experiences for Disney fans.
The Walt Disney Company announced its participation in the D23 Expo from September 9-11, featuring the new exhibit 'Walt Disney Archives presents Step in Time', celebrating nearly 100 years of Disney history. The interactive exhibition will showcase immersive environments and iconic moments from Disney films and television. Attendees can also see Walt Disney’s Grumman Gulfstream I airplane and participate in panels hosted by Disney legends. Single-day tickets are available for $99 for adults and $79 for children, with Gold Members receiving a discount.
The D23 Expo 2022, starting on September 9, celebrates Disney's 100 years with a lineup of presentations, including the Disney Legends Awards and previews from Disney animation, Marvel, and Lucasfilm. Highlights include sneak peeks at theatrical releases and Disney+ titles. Single-day tickets range from
The Walt Disney Company (NYSE: DIS) has appointed Dana Walden as Chairman of Disney General Entertainment Content, effective immediately. Walden succeeds Peter Rice and will oversee programming for Disney's streaming platforms and cable networks, including ABC and Hulu. Under her leadership, ABC has been the top entertainment network for three consecutive seasons. Walden, who joined Disney in 2019 through the acquisition of 21st Century Fox, has been credited with producing numerous successful shows and has received multiple industry accolades.
The Walt Disney Company (NYSE: DIS) reported a 23% increase in revenue for Q2 2022, totaling $19.2 billion, despite a $1 billion revenue reduction due to early termination of content licenses. Diluted EPS from continuing operations fell to $0.26 from $0.50 YoY, but adjusted EPS increased to $1.08 from $0.79. Strong performance noted in domestic parks and streaming services, with 7.9 million Disney+ subscribers added, totaling over 205 million across platforms. Segment operating income surged by 50% to $3.7 billion, highlighting significant growth at Disney Parks.
The Walt Disney Company (NYSE: DIS) will participate in a Q&A session at the 9th Annual MoffettNathanson Media and Communications Summit. Scheduled for May 18, 2022, at 2:00 p.m. ET, the session will feature
The Walt Disney Company is accepting applications for its 2022 Disney Accelerator program, which supports innovative growth-stage companies globally. Set to commence in July and conclude with a Demo Day in the fall, applications are due by May 13, 2022. This year, the program seeks companies focusing on artificial intelligence, machine learning, and immersive experiences. Since its inception in 2014, graduates like CAMP and Mojo Vision have made significant strides and collaborations with Disney. For more details or to apply, visit DisneyAccelerator.com.
The Walt Disney Company (NYSE: DIS) will present its fiscal second quarter 2022 financial results during a live audio webcast on May 11, 2022, at 4:30 p.m. ET. The results will be announced after regular trading hours on the same day. Investors can access the webcast through the official Disney investor relations website. The presentation will also be archived for future reference.
The Walt Disney Company (NYSE: DIS) has appointed Kristina Schake as Executive Vice President of Global Communications. Effective immediately, she will oversee global communications strategy and serve as the lead spokesperson. Schake brings three decades of experience, including leading the COVID-19 vaccine education campaign and serving as Global Communications Director for Instagram. Her role aims to enhance Disney's engagement with stakeholders as the company approaches its 100th anniversary.
The Walt Disney Company has announced a pause in its theatrical film releases and other business activities in Russia due to the ongoing crisis in Ukraine. This includes halting content and product licensing, Disney Cruise Line operations, and National Geographic tours. While some activities can be immediately ceased, others will take time due to existing contractual obligations. Disney remains committed to its Russian employees and is working with NGOs to provide aid to affected refugees. The company emphasizes that these decisions are influenced by management's views on geopolitical conditions.