Walt Disney Stock Price, News & Analysis

The Walt Disney Company (NYSE: DIS) has extended CEO Bob Chapek's contract for three more years, as announced by the Board of Directors in Lake Buena Vista, Florida. Under Chapek's leadership during the pandemic, Disney's business segments, including parks and streaming, have reportedly emerged stronger. Chapek, who has nearly 30 years of experience at Disney, emphasized his commitment to enhancing storytelling and innovation as Disney navigates its growth and transformation in the entertainment industry.

The D23 Expo 2022, held from September 9 to 11 in Anaheim, California, showcases exclusive merchandise from Disney, Pixar, Marvel, and Star Wars, celebrating Disney's 100th Anniversary. The D23 Expo Marketplace, spanning 27,000 square feet, will feature limited-edition items and special collections. Attendees can explore three unique retail spaces at Mickey's of Glendale and shop for exclusive books from Disney Publishing. Single-day tickets are available for $99 for adults and $79 for children. This event promises a blend of shopping, presentations, and interactive experiences for Disney fans.

The Walt Disney Company announced its participation in the D23 Expo from September 9-11, featuring the new exhibit 'Walt Disney Archives presents Step in Time', celebrating nearly 100 years of Disney history. The interactive exhibition will showcase immersive environments and iconic moments from Disney films and television. Attendees can also see Walt Disney’s Grumman Gulfstream I airplane and participate in panels hosted by Disney legends. Single-day tickets are available for $99 for adults and $79 for children, with Gold Members receiving a discount.

The D23 Expo 2022, starting on September 9, celebrates Disney's 100 years with a lineup of presentations, including the Disney Legends Awards and previews from Disney animation, Marvel, and Lucasfilm. Highlights include sneak peeks at theatrical releases and Disney+ titles. Single-day tickets range from $79 for children to $99 for adults. Limited tickets are available, and major events will occur in Hall D23 at the Anaheim Convention Center, including a special performance of Disney Princess – The Concert and insights from Disney leadership.

The Walt Disney Company (NYSE: DIS) has appointed Dana Walden as Chairman of Disney General Entertainment Content, effective immediately. Walden succeeds Peter Rice and will oversee programming for Disney's streaming platforms and cable networks, including ABC and Hulu. Under her leadership, ABC has been the top entertainment network for three consecutive seasons. Walden, who joined Disney in 2019 through the acquisition of 21st Century Fox, has been credited with producing numerous successful shows and has received multiple industry accolades.

The Walt Disney Company (NYSE: DIS) reported a 23% increase in revenue for Q2 2022, totaling $19.2 billion, despite a $1 billion revenue reduction due to early termination of content licenses. Diluted EPS from continuing operations fell to $0.26 from $0.50 YoY, but adjusted EPS increased to $1.08 from $0.79. Strong performance noted in domestic parks and streaming services, with 7.9 million Disney+ subscribers added, totaling over 205 million across platforms. Segment operating income surged by 50% to $3.7 billion, highlighting significant growth at Disney Parks.

The Walt Disney Company (NYSE: DIS) will participate in a Q&A session at the 9th Annual MoffettNathanson Media and Communications Summit. Scheduled for May 18, 2022, at 2:00 p.m. ET, the session will feature Christine McCarthy, CFO, and Rita Ferro, President of Advertising Sales. Investors can stream the event live via Disney's investor relations page. A recording will also be available afterward.

The Walt Disney Company is accepting applications for its 2022 Disney Accelerator program, which supports innovative growth-stage companies globally. Set to commence in July and conclude with a Demo Day in the fall, applications are due by May 13, 2022. This year, the program seeks companies focusing on artificial intelligence, machine learning, and immersive experiences. Since its inception in 2014, graduates like CAMP and Mojo Vision have made significant strides and collaborations with Disney. For more details or to apply, visit DisneyAccelerator.com.

The Walt Disney Company (NYSE: DIS) will present its fiscal second quarter 2022 financial results during a live audio webcast on May 11, 2022, at 4:30 p.m. ET. The results will be announced after regular trading hours on the same day. Investors can access the webcast through the official Disney investor relations website. The presentation will also be archived for future reference.