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BURBANK, Calif.--(BUSINESS WIRE)--In light of the tremendous success achieved to date in the Company’s direct-to-consumer business and to further accelerate its DTC strategy, The Walt Disney Company (NYSE: DIS) today announced a strategic reorganization of its media and entertainment businesses. Under the new structure, Disney’s
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Disney has just announced that they will be drastically cutting their Parks, Experiences, and Products workforce in response to the "prolonged impact of COVID-19." Disney in particular blamed California Governor Gavin Newsom's reluctance to lifting restrictions and allowing for Disneyland to reopen. This will affect approximately
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Disney announced today that a Fifth Key will be added to Cast Member training worldwide. To create a welcoming environment across all of its venues for both Guests and Cast Members, Disney introduced Inclusion as a new Key in its legendary customer service program. Joining Safety, Courtesy, Show and Efficiency,
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According to Deadline, Disney is reportedly going to restore executive pay that was cut in the wake of the global COVID-19 pandemic on August 23. Disney previously cut executive pay as a cost-cutting measure due to major losses brought on by COVID-19. Here are the pay cuts that executives took:
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Wearing a face covering has become part of our new normal. It’s also an important piece of Disney’s multi-layered approach to health and safety, and one of the ways to reduce the risk of spreading COVID-19. Today Disney shared a peek behind the magic and an innovative way
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Earlier today Disney posted their quarterly finical report and the news was bleak for Disney's Parks, Experiences and Products division. Revenue for the quarter decreased 85% to $1 billion, and segment operating results decreased by $3.7 billion to a loss of $2 billion. This was caused by
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A message from Dr. Pamela Hymel, Disney Parks Chief Medical Officer: As we continue the phased reopenings of our parks and resorts across the world, promoting health and safety for our guests, cast members, and the larger community is a responsibility we take very seriously. On Saturday, we will continue
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An Update on Disney Parks from Chief Medical Officer Dr. Pamela Hymel Dear Guests, As we continue with the phased reopening of Disney locations around the world, I wanted to update you on our plans and the principles that guide us as we welcome guests back to the magic. Josh
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A message from Josh D’Amaro, Chairman, Disney Parks, Experiences and Products: With the announcement of the proposed reopening dates for the Disneyland Resort, we are one more exciting step closer to reopening all of our Disney parks and experiences around the world. Throughout the past few weeks, we have
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The Walt Disney Company has pledged $5 million to support nonprofit organizations that advance social justice, beginning with a $2 million donation to the NAACP to further their longstanding work promoting social justice by eliminating disparities and racial discrimination through their advocacy and education programs. “The killing of George Floyd
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It's been a busy day for the company that makes Disney's business cards because numerous people have been reshuffled around Disney, not least of which being former Walt Disney World Resort President Josh D’Amaro, who's been moved to become Chairman, Disney Parks, Experiences
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Have I got some news to share! You can now bring the magic of Mickey Mouse and Minnie Mouse to life in your home with Mickey & Minnie’s Runway Railway: Adventure Kit (mobile only), an all-new free game in the DisneyNOW app! Control Mickey and friends’ cars, trains, and