The Walt Disney Company

Disney Increases Cash Dividend by 33% for Shareholders

The Walt Disney Company has announced a 33% increase in its cash dividend for shareholders, raising it to $1.00 per share. This significant milestone reflects Disney’s commitment to enhancing shareholder value while investing in future growth opportunities. Shareholders can expect dividends distributed in two installments, with key record and payment dates set for December 2024 and June 2025. CEO Robert A. Iger highlighted Disney’s strong performance and strategic initiatives, positioning the company for continued success in the competitive entertainment industry.

Disney Sees Viewership Surge from Expanded College Football Playoff

Disney is witnessing a surge in viewership and advertising revenue this college football season, thanks to the newly expanded 12-team College Football Playoff format. The increased competition and heightened fan engagement are leading to record ratings across Disney’s networks, including ABC and ESPN, particularly during the crucial Thanksgiving weekend matchups. This strategic shift is set to solidify Disney’s position in the sports broadcasting landscape.

Disney Announces Descendants/Zombies: Worlds Collide Tour for Summer 2025

Disney has announced the exciting Descendants/Zombies: Worlds Collide Tour, launching on July 17, 2025. This interactive concert features stars from Descendants and Zombies, promising a thrilling experience across major North American cities. Exclusive presale for Disney+ subscribers starts November 12, 2024. Don’t miss out on this magical summer event!

Disneyland Unveils Limited Edition ‘it’s a small world’ Holiday Pin for 2024

Celebrate the holiday season at Disneyland with the limited edition ‘it’s a small world’ Holiday Pin for 2024, available from November 15th to January 6th. This collectible pin features festive designs and is a must-have for Disney fans. Priced at $19.99 and limited to just 2,500 pieces, it commemorates the enchanting holiday overlay of the iconic attraction. Don’t miss out on this magical keepsake!

Disneyland Announces 2024 Candy Cane Distribution Dates

Disneyland has announced the 2024 distribution dates for its iconic handmade candy canes, a beloved holiday tradition. Starting November 29, 2024, guests can purchase these 18-inch treats at various locations, including the Candy Palace and Trolley Treats. Due to their popularity, securing a candy cane may require joining a mobile waitlist. Experience the magic of the holidays at Disneyland with festive decorations and seasonal cheer, making it the perfect time to create unforgettable memories.

DiscoverShop Event to Feature Travis Scott and Playboi Carti in Las Vegas

Join the excitement at the DiscoverShop event on November 16-17 at the Las Vegas Convention Center, featuring live performances by Travis Scott and Playboi Carti. This vibrant gathering promises unforgettable experiences with innovative product showcases and a celebration of music and culture. Secure your tickets early to be part of this highlight of the fall season!

Disney Announces Leadership Changes Amid Industry Challenges

Disney is set for major leadership changes as it appoints Morgan Stanley CEO James Gorman as its new board chair in 2025. This transition, marking the fourth in three years, comes amid challenges in the media industry. Gorman’s leadership will focus on finding a new CEO to replace Bob Iger, while navigating the evolving landscape of streaming and declining traditional viewership. As Disney aims to adapt and innovate, the decisions made during this transition will be crucial for the company’s future.

Anne Hathaway Confirms Return for Princess Diaries 3

Anne Hathaway confirms her return in the highly anticipated Princess Diaries 3, directed by Adele Lim. This sequel promises to celebrate themes of female empowerment and joy, continuing the beloved story of Mia Thermopolis. With a screenplay by Flora Greeson and production led by Debra Martin Chase, fans can expect a nostalgic yet fresh continuation of the franchise. Stay tuned for updates on this exciting new chapter in the world of Genovia!

Investors Brace for Key Earnings Reports Impacting Stock Market

As earnings season heats up, investors are focused on major companies like Tyson Foods, BioNTech, and Palantir Technologies reporting today. Analyzing options activity provides insights into potential stock movements, crucial for making informed investment decisions. Stay updated on expected moves and market reactions to these earnings announcements.

Disney to Cut 140 Jobs in Television Division Amid Restructuring

Walt Disney Co. is set to cut approximately 140 jobs within its television division, impacting networks like National Geographic and Freeform. This restructuring, led by CEO Bob Iger, aims to streamline operations amid challenges in traditional cable viewing. As Disney adapts to the evolving media landscape, these layoffs reflect broader industry trends and are part of a strategy to balance investments in streaming services with declining cable revenues.