This beaten-down stock has lost money for its investors in the past five years.
The House of Mouse obviously believes consumers are willing to pay more for popular amusement. It may be in for a rude awakening.
A trip to theme parks owned by Walt Disney Co DIS could soon become more expensive for families if they want to take as many rides as possible.
Disney's Florida resort increases annual pass and fixed-priced dining experience prices.
Disney (NYSE: DIS) stock currently sits at $95.40, having slid -1.70% in the past five days. Over the past month, shares have traded between $91.46 and $97.57, presenting a wide range of movement.
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The head of U.S. giant Disney's Hotstar streaming app in India, Sajith Sivanandan, has resigned, three sources said on Thursday, as business integration gathers pace after the company's $8.5 billion merger with Reliance's India media assets.
Two weeks after Disneyland released new rates for tickets and annual passes, the Magic Kingdom has followed suit: Walt Disney World today announced pricing for its four-tier annual pass program, effective immediately. The average increase across the tiers is 6.25%. For comparison, the Consumer Price Index rose 2.
Disney (DIS) is set to name a successor to interim CEO Bob Iger in early 2026; Iger's contract is set to expire at the end of 2026. Meanwhile, the media giant has tapped former Morgan Stanley (MS) CEO James Gorman to become the board's chairman in January 2025.
Disney said Monday it would name a new CEO in early 2026 and named James Gorman as board chairman. Bob Iger's previous succession plan failed, leading to his return as CEO in 2022.
Bob Iger's successor will be revealed in early 2026. Disney can't strike out twice.