Month: November 2021

On Disney Plus Day, Netflix Becomes More Valuable Than Disney

Disney and Netflix are very different companies, with very different investor bases, but they’re head-to-head competitors in the streaming wars. And on Friday, Netflix’s market valuation climbed above Disney’s for the first time in about a year — ironically, coming on “Disney Plus Day,” the Mouse House’s company-wide marketing event designed to punch up excitement…

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Disney, WarnerMedia Carve Up Fox Film Slate Streaming Rights Through End of 2022

HBO Max will get its hands on Fox’s film slate for one final year — under an unusual deal to share streaming windows with Disney Plus and Hulu for half the studio’s titles, starting with animated family comedy “Ron’s Gone Wrong” next month. Disney Media & Entertainment Distribution and WarnerMedia amended their current output agreement…

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Disney’s ‘Eternals’ Opens With Strong Overseas Collections

Despite mixed critical reviews, The Walt Disney Company’s (DIS) latest release Eternals has earned $9.5 million on its opening day in international markets. That figure is the third-highest opening this year after Shang-Chi and the Legend of the Ten Rings and Black Widow, Disney’s previous releases. Eternals, which is part of Disney’s lucrative Marvel Cinematic…

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Disney employees begin relocating from California to Florida: ‘Business-friendly climate’

Some of the 2,000 Walt Disney Company employees who are being moved from California to Florida are already eyeing up the housing market near Orlando. “They are already trickling in,” Armel Real Estate owner Deanna Armel told WKMG of the Disney employees looking at homes. “I’m working with a Disney relocation right now buying in…

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Disney Plus Day is here — subscribers can watch new releases like ‘Shang-Chi’ and ‘Jungle Cruise’ as part of the streaming service’s 2-year anniversary

Several new movies have been released as part of Disney Plus Day. Big titles, like “Shang-Chi” and “Jungle Cruise,” are available to all subscribers. In addition, Disney Plus now offers IMAX versions of popular Marvel movies for the first time. Other perks of Disney Plus Day include early entry into Disney theme parks and a…

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Disney earnings miss across the board with slowing streaming growth

Disney reported fiscal fourth-quarter earnings on Wednesday after-the-bell. The company missed Wall Street estimates across the board during the quarter ended Oct 2., sending the stock down more than 4% in after-hours trading. Earnings per share: 37 cents adj. vs 51 cents expected, according to RefinitivRevenue: $18.53 billion vs $18.79 billion expected, according to RefinitivThe…

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This is how Disney parks’ Fastpass spun completely out of control

Since its launch in 2017, Kevin Perjurer’s Defunctland YouTube channel has made in-depth videos detailing the histories of both failed and successful amusement parks and their rides, including Disneyland and Disney World. With extremely thorough narratives, Perjurer asks questions that should interest even those who aren’t theme park enthusiasts: Who crafts the societal vision of…

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Disney continues reimagining of Toontown with new Mickey and Minnie-themed ride, multisensory park area

Big changes are coming to Toontown at Disneyland. With a brand new Mickey and Minnie-themed ride coming to Toontown in 2023, the Walt Disney Co. announced Monday that it is adding a new experience in the place where Disney’s characters, such as Mickey, Minnie, Goofy and Donald, play and live. Disney said their team of…

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Disney Stock Sags After Q4 Results Miss Wall Street Forecasts

Disney missed Wall Street forecasts in its fiscal fourth quarter amid a slowdown in streaming, despite a swing back to profit from the depths of the Covid-bedeviled 2020 quarter. The company’s stock slipped almost 5% in after-hours trading due to the report. It had fallen a fraction during the trading day to close at $174.53…

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More Physical Altercations at Walt Disney World – 3 New Stories of Cast Members and Guests Fighting Over Park Rules

Disney World visitors and cast members clashed in tension-filled moments over rules about masks and parade route enforcement, according to law-enforcement reports that depict three incidents happening within less than three weeks at the Magic Kingdom. Nobody appears to be arrested after the encounters although the sheriff’s deputies responded and three tourists — including one…

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