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Theme Parks

All articles tagged with #theme parks

From Parks to the Corner Office: Josh D’Amaro’s Path to Disney’s CEO
business22 days ago

From Parks to the Corner Office: Josh D’Amaro’s Path to Disney’s CEO

Hollywood Reporter profiles Josh D’Amaro, tracing his 30-year Disney ascent—from Disneyland strategy roles to leading Experiences and, ultimately, to being tapped as CEO. The piece stresses his rare mix of creativity and quantitative business sense, his close relationships with top creatives (Feige, Docter, Lee) and his openness to risk-taking, and notes the board-led succession following Iger’s return. It also covers a roughly $38 million pay package and relocation prospects, and frames his plan to steer Disney across parks, films, streaming, gaming (including Fortnite) and emerging OpenAI partnerships, all while listening to fans and keeping senior executives engaged.

Disney taps Josh D’Amaro as next CEO to steer the Mouse House
business23 days ago

Disney taps Josh D’Amaro as next CEO to steer the Mouse House

Disney names theme parks chief Josh D’Amaro as its next chief executive, replacing Bob Iger who will become a senior adviser; Dana Walden is named president and chief creative officer. D’Amaro will lead Disney’s 230,000-strong workforce, overseeing parks, studios and streaming strategy, with a pay package around $38.5 million and a board seat to follow after the March shareholder meeting.

Disney rides higher on parks and streaming as succession chatter grows
business25 days ago

Disney rides higher on parks and streaming as succession chatter grows

Disney posted about $26 billion in Q1 revenue (up 5%), led by strong theme-park performance and streaming growth, helped by the Disney Destiny cruise launch, but a 15-day YouTube TV blackout and higher marketing and production costs trimmed operating income. Investor focus also centers on CEO succession, with Josh D’Amaro seen as a leading contender as Bob Iger contemplates next steps.

Disney Faces Headwinds as International Visitation Slumps for U.S. Parks
business25 days ago

Disney Faces Headwinds as International Visitation Slumps for U.S. Parks

Disney warned its U.S. theme parks will be affected by weaker international visitation, even as it pivots to marketing to U.S. customers and still expects modest growth. International arrivals to the U.S. fell last year, with Canada dropping sharply, and potential policy moves like social-media history checks could further dampen travel. In the latest quarter, park attendance rose modestly and parks revenue surpassed $10 billion, but company profits declined due to higher costs, and Disney’s stock slipped about 4%. Despite headwinds, executives said U.S. park bookings are tracking toward roughly 5% growth this year.

Disney Beats on Parks, Cruises as Q1 2026 Revenue Tops Estimates
business25 days ago

Disney Beats on Parks, Cruises as Q1 2026 Revenue Tops Estimates

Disney reported fiscal Q1 2026 revenue of about $26B and adjusted EPS of $1.63, beating expectations. The Experiences segment topped $10B in quarterly revenue, led by domestic parks ($6.91B) and international parks ($1.75B), though international visitation was softer. Streaming revenue rose 11% to $5.35B as ESPN was separated into its own sports unit. Entertainment revenue was $11.61B with operating income down about 35% due to higher costs and weaker traditional TV networks. Disney lifted its FY2026 outlook, targeting a $7B share repurchase, double-digit adjusted EPS growth, and about $19B in operating cash flow; Q2 projections call for roughly $500M in streaming operating income amid headwinds for the Experiences segment. Board discussions on CEO succession are underway, with Josh D’Amaro and Dana Walden among frontrunners.

Tragic Death Tied to Universal Orlando's Revenge of the Mummy Ride
us-news1 month ago

Tragic Death Tied to Universal Orlando's Revenge of the Mummy Ride

A 70-year-old woman died after riding the Revenge of the Mummy roller coaster at Universal Orlando in November; the Florida Department of Agriculture and Consumer Services says she became unresponsive on the ride and died later in a hospital, per its quarterly theme-park injuries report, which notes the ride's high-speed features and safety requirements. The report also references a September death on Stardust Racers and an August Revenge of the Mummy injury, marking the second Universal fatality in 2025; Universal has not commented.

entertainment1 month ago

Guilty Pleasures 2025: THR's Ultimate Guide to Unstoppable Favorites

The article reveals Hollywood's favorite guilty pleasures in 2025, including binge-watching 'Love Island USA', listening to Australian podcasts, exploring theme parks like Epic Universe, revisiting Nancy Drew computer games, and enjoying celebrity cocktail kits, highlighting a preference for lowbrow, nostalgic, and experiential entertainment despite the push for prestige content.

Disneyland and Disney World Increase Ticket and Pass Prices
entertainment4 months ago

Disneyland and Disney World Increase Ticket and Pass Prices

Disneyland has increased prices on most daily tickets and some annual passes, with ticket prices rising an average of 3.3% and annual passes up to 8.6%, while maintaining the lowest-priced ticket at $104. The price hikes are part of Disneyland's demand-based pricing system, which aims to manage attendance and spread visits throughout the year.