Disney owes a total of $9.5 million to customers who bought a $1,400 Dream Key pass over the course of two months in 2021. The payments, about $67, are going out this month.
Category: Walt Disney Company
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Disney and DeSantis Reach Agreement, Ending Protracted Fight
The deal locks in a 15-year expansion plan for Disney World and clears a path for Disney to restart political donations in Florida.
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Disney’s Splash Mountain Set to Reopen With Princess Tiana Theme
The ride was closed last year because of its connection to a racist film. Disney overhauled it to focus on Tiana, Disney’s first Black princess, drawing praise and backlash.
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Activist Investor Nelson Peltz Is Said to Sell His Disney Stake
A billionaire who was critical of Disney’s management, Mr. Peltz lost an expensive battle for a place on the company’s board.
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Richard Sherman, Songwriter of Many Spoonfuls of Sugar, Dies at 95
He and his brother, Robert, teamed up to write the songs for “Mary Poppins” and other Disney classics. They also gave the world “It’s a Small World (After All).”
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Disney, Hulu and Max Streaming Bundle Will Soon Become Available
The offering from Disney and Warner Bros. Discovery shows how rival companies are willing to work together to navigate an uncertain entertainment landscape.
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In a Surprise, Disney+ Becomes Profitable
The streaming service added 6 million subscriptions and made $47 million in its latest quarter, helping Disney deliver stronger-than-expected earnings.
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How ‘Star Wars’ Fan Edits Saved the Original Movies
George Lucas wants them to fade into oblivion. But some rebel fans spent more than a decade digitally restoring the original “Star Wars” trilogy, preserving the movies as they were shown in theaters.
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With ‘Challengers’ and ‘Saltburn,’ Hollywood Movies Embrace Sex Again
Studios obsessively focused on PG-13 franchises and animation in recent years, but movies like “Challengers” and “Saltburn” show eroticism has returned.
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The Takeaways from Disney’s Proxy Battle with Nelson Peltz
New voting rules made for sharper attacks, while a bold defense kept the activist investor at bay. But pressure remains on the company’s chief, Bob Iger.
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Disney’s Annual Meeting Will Include a Thrill Ride
A nasty and expensive fight over board seats will come to a climax Wednesday when shareholders vote on Nelson Peltz’s bid for influence.
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As Disney Fights Nelson Peltz, Small Shareholders Loom Large
Individuals hold as much as 40 percent of the company’s shares, and they may decide a proxy battle that is one of the most expensive in history.