Disney’s Workforce Cuts to Impact all Sections of Company, Will Not Impact Hourly Park Operations Cast

Josh D’Amaro addressed the announcement that The Walt Disney Company would be cutting 7,000 jobs in an email to Cast Members today. D’Amaro, chairman of Disney Parks, told Cast Members that the cuts will impact every section of the company, including Disney Parks, Experiences, and Products. However, Disney does not expect these cuts to impact … Read more

Disney Parks Chairman Josh D’Amaro Says Newly Announced Changes Are a Result of Listening to Guests

After a slew of changes was announced for Walt Disney World and Disneyland Resort this afternoon, Disney Parks Chairman Josh D’Amaro gave an interview with the New York Times. The changes, which included bringing back free parking and easing reservation requirements, have been well received by fans. Some applauded the changes as a result of … Read more

Hurricane Ian Caused $65 Million Dip in Expected Q4 Earnings for Disney Parks, Experiences, & Products

Today, The Walt Disney Company reported its Q4 earnings, and they fell short of expectations for profit and key revenue segments — including Disney Parks, Experiences, and Products (DPEP). Disney said that DPEP operating income (OI) margin (Domestic) for Q4 2022 was 15%. However, in Q3 2022, the company reported a 30% OI and Q2 … Read more

Every Disney Parks, Experiences, & Products Announcement at D23 Expo 2022

There were so many announcements at the Disney Parks, Experiences, & Products panel during D23 Expo 2022, so we’ve compiled everything you have to look forward to! Disneyland Resort The Mandalorian and Grogu will appear in Star Wars: Galaxy’s Edge at Disneyland in November. A The Hulk “Project Exo” robotic exoskeleton meet-and-greet will start at … Read more

Disney Expects to Increase Capital Expenditures to $6 Billion, Likely Indicates Many New Theme Park Projects

In today’s Q3 earnings call, Disney revealed they expect to increase their capital expenditures to $6 billion in the coming years, an ambitious number that would likely be largely represented in the Disney Parks, Experiences, and Products division. Disney’s goal in the coming years is to spend around $6 billion in capital expenditures, which generally … Read more

Disney Parks, Experiences, and Products Division Sees Reorganization Following George Kalogridis’ Exit

As we reported earlier, Disney Parks executive and Walt Disney World Opening Day Cast Member George Kalogridis has announced his retirement. In the wake of his announcement, division Chairman Josh D’Amaro has announced a reorganization of the Disney Parks, Experiences, and Products department. With the reorganization, Kalogridis’ domain of Segment Development and Enrichment will be … Read more

Disney Parks Make $6.7 Billion in Revenue in Second Quarter of 2022

Disney Parks, Experiences and Products pulled a revenue of $6.7 billion in the second quarter of 2022. In the same quarter of 2021, they only made $3.2 billion. The domestic revenue was $4.9 billion, only up slightly from last quarter but a significant increase from $1.7 billion last year. Disneyland Paris, which was closed the … Read more

Gail Evans Named Executive VP, Chief Digital and Technology Officer for Disney Parks

Gail Evans

Gail Evans has been named Executive Vice President, Chief Digital and Technology Officer for Disney Parks, Experiences and Products. Evans worked at Mercer for the past six years and was named their first Global Chief Digital Officer in June 2018. Before that, she had worked for Microsoft, Hewlett-Packard, Bank of America, and Eastman Kodak in … Read more

WDWNT Daily Recap (8/12/21): Disney Releases Q3 Earnings Report, Walt Disney World 50th Anniversary Merchandise Arrives, and More

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We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Thursday, August 12, 2021. Walt Disney World … Read more

BREAKING: Disney Parks and Resorts Revenue Up $1 Billion Over Last Quarter, Segment Posts First Profits Since Pandemic Began

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The third quarter of the fiscal year has closed, and Disney has released their Q3 2021 results. In the earnings call this afternoon, the company announced a $17.02 billion revenue, higher than the expected revenue of $16.76 billion. Disney Parks, Experiences, and Products reported revenue of $4.3 billion, an increase of 100% versus Q3 2020 … Read more