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Disney Reports ESPN Profits Plummet by 20%

Disney-Reports-ESPN-Profits-Plummet-by-20
Disney-Reports-ESPN-Profits-Plummet-by-20

Disney Reports ESPN Profits Plummet by 20%

Struggling sports giant ESPN, owned by Disney, has witnessed a significant 20% profit decline in the first nine months of the fiscal year, revealing the impact of cable subscribers cutting the cord. The usually private financials of ESPN were disclosed as Disney actively seeks a strategic investor for what was long considered its crown jewel.

Related – Bob Iger and Disney Cast Members Celebrate Disney100 with Special Events and Surprises

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According to a recent SEC filing, Disney disclosed that its sports segment, encompassing ESPN, ESPN-related channels, streaming service ESPN+, and sports channel Star India, experienced a 20% profit plunge to $1.48 billion in the initial three quarters of fiscal 2023. Sales also declined by 1.3% to $13.2 billion.

In the third quarter of this year, the sports unit reported a profit of $854 million on sales of $4.3 billion. More than half of this revenue, $2.6 billion, was derived from cable and satellite TV subscribers, while roughly $1.15 billion came from advertising.

Related – Walt Disney Company Names New Chief Diversity Officer

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Amid challenges such as cord-cutting and escalating sports rights fees, Disney CEO Bob Iger has openly acknowledged the struggles facing its cable business. In a bid to address these challenges, Disney plans to offer its ESPN cable network as a streaming service for cord-cutters and is exploring distribution partnerships, having engaged in talks with Verizon and T-Mobile.

While the exact value of the sports division is yet to be determined, one Bloomberg analyst estimated its worth at up to $22 billion for potential partners. Disney’s move to seek a strategic investor for ESPN reflects the changing landscape of media consumption and the company’s efforts to adapt to evolving consumer preferences.

Marvel Studios Deadpool 3 Delayed

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Deadpool 3 Delayed Indefinitely

Marvel Studios Deadpool 3 Delayed

Deadpool 3, initially set for a May 3, 2024 release, faces an indefinite delay, with neither Marvel nor 20th Century Studios having announced a new release date.

Anticipations of a Deadpool 3 delay were growing among fans due to the ongoing SAG-AFTRA strike, which increasingly appeared to impede the completion of the film’s production. Recent reports confirm these suspicions, as the Actors’ Strike remains unresolved, requiring the cast and crew to regroup before resuming filming.

Deadpool 3 had been in production since May of the current year, persisting through the WGA Strike thanks to a completed script but was ultimately halted in July when the Actors’ Strike came into effect. The director of Deadpool 3, Shawn Levy, had been preparing fans about this setback, suggesting its likelihood during a recent interview with The Wrap.

Levy told The Wrap, “I don’t even know if we officially have [a release date]. I know we were gonna be on May 3. Certainly, the actors’ strike and the long pause in production have put that release date at true risk. We’ve shot half the movie. I’ve edited half the movie. We’re dying to get back to work and get this movie out next year.”

Related: Taylor Swift Rumored to Appear as Dazzler in Deadpool 3

Deadpool 3 Delayed Indefinitely

There is already anticipation about Marvel’s strategy to rescue its 2024 lineup. The prevailing and most plausible expectation is that the studio will prioritize “Captain America: Brave New World,” which had completed production and was slated for a July 2024 release.

“Captain America 4” could potentially assume the May release window originally reserved for “Deadpool 3,” while the studio strives to complete filming for both “Deadpool 3” and “Thunderbolts” (with the latter being in pre-production when the strikes occurred). This might result in a release for “Deadpool 3” in the fall or during the 2024 holiday season.

Deadpool 3 was amongst the hardest-hit films during the strike. Director Shawn Levy shared that Deadpool 3 was already halfway through production before shuttering for the SAG/AFTRA work stoppage. The film’s stars Ryan Reynolds and Hugh Jackman have been trying to stay in superhero form, working out daily until shooting can resume.

We will continue to update our readers on the changes to every Marvel Film and television show affected by the work stoppage.

Sneak Peek at Billy Bob’s Buffet Opening October 22nd at Disneyland Paris

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Sneak-Peek-at-Billy-Bobs-Buffet-Opening-October-22nd-at-Disneyland-Paris

Sneak Peek at Billy Bob’s Buffet Opening October 22nd at Disneyland Paris

Exciting news! Starting on October 22nd, Disney Village in Disneyland Paris is elevating its dining offerings with the grand opening of Billy Bob’s Buffet, a hotspot where the flavors of the West take center stage around an irresistible all-you-can-eat Tex-Mex buffet.

Related – Disneyland Paris Adding Winnie the Pooh and Frozen to Storybook Land

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This iconic saloon, situated in close proximity to Billy Bob’s and La Grange, reopens its doors after an extensive five-month period of renovation and interior design enhancements. Immerse yourself in the thematic ambiance of the American West, adorned with numerous authentic accessories. Crafted by the Walt Disney Imagineering Paris teams, this revitalized dining experience not only promises delectable Tex-Mex cuisine but also invites patrons to revel in a lively yet relaxed environment.

Related – First Look at a NEW Disneyland Paris Show Inspired by the Main Street Electrical Parade!

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As Disney Village embarks on its transformative journey, aimed at enriching the overall visitor experience, the addition of Billy Bob’s Buffet, proudly sponsored by the official partner Coca Cola, bolsters the existing dining capacity of this accessible and inclusive space. Notably, the venue will remain open throughout the entirety of the construction work, ensuring guests can continue to indulge in a delightful culinary experience amid the ongoing transformation.

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Celebrate the Season: Anaheim’s Ultimate Halloween Treats & Fall Flavors!

Halloween Treats
Halloween Treats

Celebrate the Season: Anaheim’s Ultimate Halloween Treats & Fall Flavors!

Fall is in full swing and guests visiting Anaheim can celebrate the season with special Halloween treats and fall flavors! Today we’re highlighting five locations to enjoy some special seasonal delights.

Related – New Disneyland Resort Halloween Scavenger Hunt

Le Parfait Paris

Savor the Apple Brioche – a fusion of pastry cream, sun-kissed apples, and a sprinkle of almond crumble. Warm up with beverages like our Autumn Spice Lattes or dare to sample the Blood-Streaked Croissant and the eerie Skeleton Cake.

Popbar

Experience Halloween like never before with Mummified and Halloween-themed GelatoPops. Dip into the magic of white or milk chocolate, complete with playful drizzles, festive sprinkles, and quirky edible eyes.

Mini Monster

Enjoy a festive Pumpkin Spice Thai Tea, topped with whipped cream, sprinkled pumpkin spice, and an adorable mummy marshmallow.

House of Chimney Cakes

Dare to try their Halloween ice cream specials with choices ranging from rich dark chocolate to vibrant Ube and tropical pineapple-orange soft serve.

The Westin Anaheim Resort

Witness the mesmerizing ‘Van Helsing’ chocolate exhibit crafted by Executive Pastry Chef Andy de la Cruz and his skilled team. Over 100 pounds of chocolate artistry awaits. Additionally, the Blossom Café & Market, along with Tangerine Room & Bar 1030, have unveiled a spread of Halloween-themed goodies and brews available through the end of October.

What Halloween treats do you want to try?

Ready to plan your next visit to Anaheim? Contact me today! I am a travel agent with Destinations to Travel and my services are complimentary.

Disney World Theme Park Hours Released through Late December

Disney World Theme Park Hours
Disney World Theme Park Hours

Disney World Theme Park Hours Released through Late December

Guests visiting Walt Disney World during the holidays can plan their trip in more detail as Disney World theme park hours have been released through late December. The Disney World calendar has hours listed through December 23 for all four theme parks.

Related – Disney World Extends Theme Park Hours in Early November

Here are the hours for the theme parks for the week of December 19, 2023.

Disney’s Animal Kingdom

The park will be open from 9 am to 7 pm every day Dec. 19-23. Early park entry will be from 8:30 am to 9 am.

Disney’s Hollywood Studios

Hollywood Studios will be open from 9 am to 9 pm each day that week except for December 20 when the park will close at 8 pm for Disney Jollywood Nights. Early park entry will be from 8:30 am to 9 am.

Epcot

Epcot will be open from 9 am to 9:30 pm every day Dec. 19-23. Early park entry will be from 8:30 an to 9 am and Extended Evening Hours will take place on December 21 from 9:30 pm to 11:30 pm.

Magic Kingdom

On December 19, 21, and 22, the park will be open from 9 am to 6 pm. The park closes early those nights for Mickey’s Very Merry Christmas Party. On December 20 and 23 the park will be open from 9 am to 9 pm. Early park entry will be from 8:30 am to 9 am each day.

Will you be visiting Disney World in December?

There’s still plenty of time to plan and book your holiday Disney trip! Contact me today to get it planned. I am a travel agent with Destinations to Travel, my services are complimentary, and I’d love to help you plan a magical vacation!

Disney World Extends Theme Park Hours in Early November

Theme Park Hours
Theme Park Hours

Disney World Extends Theme Park Hours in Early November

Guests visiting Walt Disney World in early November will get more time to experience the parks as Disney has extended theme park hours during that time. Three of the four theme parks have had their operating hours extended from November 5 to 11.

Related – Disney Extends Theme Park Hours for Magic Kingdom and Animal Kingdom in October and November

The new hours for Magic Kingdom are as follows:

  • November 5: 9:00 a.m.–10:00 p.m. (previous hours: 9:00 a.m.–9:00 p.m.)
  • November 6: 9:00 a.m.–11:00 p.m. (previous hours: 9:00 a.m.–9:00 p.m.)
  • November 7: 8:00 a.m.–11:00 p.m. (previous hours: 9:00 a.m.–9:00 p.m.)
  • November 8: 9:00 a.m.–10:00 p.m. (previous hours: 9:00 a.m.–9:00 p.m.)
  • November 9: 8:00 a.m.–6:00 p.m. (previous hours: 9:00 a.m.–6:00 p.m.)
  • November 10: 8:00 a.m.–6:00 p.m. (previous hours: 9:00 a.m.–6:00 p.m.)
  • November 11: 9:00 a.m.–12:00 a.m. (previous hours: 9:00 a.m.–9:00 p.m.)

Disney’s Animal Kingdom park hours have shifted as well. Those are now:

  • November 5: 8:00 a.m.–7:00 p.m. (previous hours: 9:00 a.m.–7:00 p.m.)
  • November 6: 8:00 a.m.–7:00 p.m. (previous hours: 9:00 a.m.–7:00 p.m.)
  • November 7: 8:00 a.m.–7:00 p.m. (previous hours: 9:00 a.m.–7:00 p.m.)
  • November 8: 8:00 a.m.–7:00 p.m. (previous hours: 9:00 a.m.–7:00 p.m.)
  • November 9: 8:00 a.m.–7:00 p.m. (previous hours: 9:00 a.m.–7:00 p.m.)
  • November 10: 8:00 a.m.–8:00 p.m. (previous hours: 9:00 a.m.–7:00 p.m.)
  • November 11: 8:00 a.m.–8:00 p.m. (previous hours: 9:00 a.m.–7:00 p.m.)

And the hours at Disney’s Hollywood Studios have been shifted for the following two dates:

  • November 10: 8:30 a.m.–9:00 p.m. (previous hours 9:00 a.m.–9:00 p.m.)
  • November 11: 8:30 a.m.–8:00 p.m. (previous hours 9:00 a.m.–8:00 p.m.)

Will you be visiting Walt Disney World during this time?

There’s still time to book your holiday Disney trip! Contact me for a free vacation quote and to get your trip planned. I am a travel agent with Destinations to Travel, my services are free, and I’d love to help you plan a magical vacation!

Bob Iger and Disney Cast Members Celebrate Disney100 with Special Events and Surprises

Disney Cast Members
Disney Cast Members

Bob Iger and Disney Cast Members Celebrate Disney100 with Special Events and Surprises

The Walt Disney Company celebrated its 100th anniversary on Monday. Disney Cast Members and CEO Bob Iger celebrated with some special events and surprises.

Related – Disney Legends Celebrate the 100th Anniversary of The Walt Disney Company at Walt Disney’s Historic Mansion

Disney CEO Bob Iger took a leisurely stroll around the studio lot in Burbank, immersing himself in the festivities. He made delightful pit stops at the VoluntEARS activations and even had a surprise visit with employees at the main theater on the studio lot. This special visit preceded a screening of “Once Upon a Studio,” a breathtaking new original short film by Walt Disney Animation Studios that masterfully unites a century of cherished characters.

In his brief address, where he expressed gratitude to the employees, Iger reflected on Disney’s remarkable heritage of unparalleled storytelling and groundbreaking innovation. He also conveyed his profound optimism for the company’s bright future.

iger

“It’s amazing to think that our company is 100 years old today,” Iger said. “When I think about how long we’ve been around I’m reminded of the positive impact that we’ve had on the world over 100 years thanks to the great creativity that this company has managed to generate for such a long period of time.”

Iger conveyed to those present that the anniversary serves as a poignant reminder that it goes beyond creativity alone. He emphasized that it’s the individuals driving that creativity, and he extended this appreciation to everyone present.

Acknowledging his nearly half-century tenure with the company, Iger expressed his profound privilege. He stated that this extensive period had granted him an unparalleled vantage point to witness the remarkable contributions, exceptional talent, and unwavering dedication of all the individuals who have been part of this company for such an extended period.

“So, more than anything I want to thank all of you because the company’s ability to celebrate 100 years is due to the work of all of you,” he said. “Thank you from the bottom of my heart,” he said in concluding his appearance. “Happy birthday to Disney on 100 years, and I’ll see you around the lot.”

You can see Iger’s address here.

Festive Mickey And Friends Christmas Minnie Ears For This Holiday Season!

Mickey And Friends Christmas Minnie Ears
Mickey And Friends Christmas Minnie Ears

Festive Mickey And Friends Christmas Minnie Ears For This Holiday Season!

Must have Mickey And Friends Christmas Minnie Ears created by ThePinkBellCrafts on Etsy for $20! You can get yours here.

Related – New Disney100 Purple Ear Headband Available At Hollywood Studios!

Mickey And Friends Christmas Minnie Ears

This holiday season add a touch of magic to your style with this ear headband featuring an all over pattern of Disney characters in their Christmas hats surrounded by colorful lights and a sparkly red bow!

New Kermit Crocs Available Now At shopDisney!

Kermit Crocs
Kermit Crocs

New Kermit Crocs Available Now At shopDisney!

These Kermit Crocs will make you feel like you are walking over the rainbow! You can get them online at shopDisney for $64.99 and reduce your carbon footprint by going green.

Related – New Kermit the Frog Cookie Jar Available At shopDisney!

The design on these Crocs is very simple with a light green color and big Kermit Jibbitz charms on the front. Definitely a must have!

New Kermit the Frog Cookie Jar Available At shopDisney!

Kermit the Frog Cookie Jar
Kermit the Frog Cookie Jar

New Kermit the Frog Cookie Jar Available At shopDisney!

Store your favorite cookies on this Kermit the Frog Cookie Jar available now at shopDisney for $39.99! We definitely need it in our home!

Related – The Muppets pay tribute to the late Jim Henson on his birthday 

It features a sculpted Kermit ready to store special treats or whatever you like! This piece will for sure make a rainbow connection to the whole family.

New Spider Man Spirit Jersey And More Spotted At Hollywood Studios!

Spider Man Spirit Jersey
Spider Man Spirit Jersey

New Spider Man Spirit Jersey And More Spotted At Hollywood Studios!

We found a new Spider Man Spirit Jersey and more at Hollywood Studios that will make you feel like a true hero! Take a look at the different products available at Walt Disney World, as well as, online at shopDisney:

Related – New Spider Man Ear Headband At Disney Springs!

SPIDER MAN SPIRIT JERSEY

With great power comes great style! This spirit jersey will help you achieve just that, it features white fleece fabric at the bottom for a cozier style, red details, a Spider Man icon on the front and “Spider Man, with great power…” text across the back and a big Spider Man icon at the bottom part of the back.

SPIDER MAN STAINLESS STEEL WATER BOTTLE

This stainless steel water bottle features a plaid pattern with spiders, a red lid with a blue straw and handle and red bottom with Spider Man logo in white. Perfect to keep hydrated all day!

SPIDER MAN THROW BLANKET

Spider Man Spirit Jersey

There’s also a throw blanket with a plaid design with spiders and a big spider web patch in a corner! Perfect to stay cozy at home this fall.

You can take a closer look at this collection in our Instagram post:

New Disney Christmas Ornaments To Add To Your Christmas Tree This Year!

Disney Christmas Ornaments
Disney Christmas Ornaments

New Disney Christmas Ornaments To Add To Your Christmas Tree This Year!

We found three new Disney Christmas Ornaments at Hollywood Studios for $24.99 each that will be perfect to decorate your tree this holiday season! They are inspired in Lilo & Stitch, Mickey and Alice in Wonderland, take a look:

Related – Walt Disney World Disney Classics Christmas Holiday Spirit Jersey Available At Magic Kingdom!

SANTA MICKEY MOUSE CHRISTMAS CARD ORNAMENT

This ornament features a Santa Mickey Mouse holding some presents inside a greeting card that says “Oh boy, it’s Christmas” with artwork of Mickey delivery presents. Super cute!

STITCH CHRISTMAS CARD ORNAMENT

Stitch is ready to cause some mischief on your Christmas tree on this ornament featuring the alien coming out of a Christmas card that reads ”Laughing all the way”! A must have!

CHESHIRE CAT CHRISTMAS CARD ORNAMENT

The Cheshire Cat has merry mischief in mind as he falls out of a most curious ”Do Not Open Until Christmas” Card. You’ll be simply mad for this fully sculpted ornament from Wonderland!

You can take a closer look at these ornaments in our Instagram post: