The streaming service added 6 million subscriptions and made $47 million in its latest quarter, helping Disney deliver stronger-than-expected earnings.
Category: Sites Scenes & Words
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Disney and DeSantis Settle Suit Over Florida Special District
The settlement ends a two-year fight between the entertainment giant and the Florida governor over control of a state tax district near Orlando that encompasses Walt Disney World.
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Federal Judge Dismisses Disney Lawsuit Against DeSantis
The company had claimed that the Florida governor and his allies violated its First Amendment rights by taking over a special tax district that governs Walt Disney World.
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A Fantasy That Comes With a Price Tag
A blockbuster restaging of an “art amusement park” from 1987 aims to recover a lost element in art — fun. But in our age of hype and commerce, was it doomed to fall short?
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Six Flags Merges With Cedar Fair, a Rival Amusement Park
The deal would generate more than $3 billion in revenue for the companies, they projected in a statement. The merger comes after years of financial challenges for Six Flags.
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Experts Worry as Facial Recognition Comes to Airports and Cruises
Facial recognition software is speeding up check-in at airports, cruise ships and theme parks, but experts worry about risks to security and privacy.
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‘Wedgie’ on Disney Water Slide Caused Severe Injuries, Lawsuit Says
Emma McGuinness suffered “permanent bodily injury” on a visit to Disney World in Florida in 2019, according to a lawsuit that accuses Walt Disney Parks and Resorts of negligence.
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Disney, Challenged Elsewhere, Plans to Spend $60 Billion on Parks and Cruises
Amid uncertainty for the company’s film and TV divisions, the investment over the next decade doubles the outlay in the last 10 years.
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Disney Changes Gears in Suits Against DeSantis and Allies
Disney and Florida Gov. Ron DeSantis, who is running for president, have been sparring for more than a year over a special tax district that encompasses Disney World.
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For Disney, Streaming Losses and TV’s Decline Are a One-Two Punch
The company has lost more than $11 billion on streaming since 2019 and experienced a sharp decline in its traditional TV business for the second straight quarter.
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Ghibli Park Celebrates “Totoro” And Other Miyazaki Movies
The Japanese company Studio Ghibli opened a theme park to celebrate the eccentric, charming animated movies of its founder, Hayao Miyazaki. Could two ‘Totoro’-loving toddlers find happiness there?
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Large Crack in Roller Coaster Beam Prompts Its Shutdown
A visitor to the North Carolina amusement park recorded a crack in a pillar of the ride, Fury 325, which is billed as one of the tallest of its kind.
