A $2 billion theme park and resort complex is being built in northeast Oklahoma and is set to rival the world’s top resort destinations, officials announced on July 19. Known as the “American Heartland Theme Park and Resort,” the 1,000-acre development with a 125-acre theme park will be located just west of Grand Lake on Route 66 and will…

Disney’s stock price has declined in recent days following chief executive Bob Iger’s statements that networks like ABC no longer constitute the company’s “core” business, and there were possibilities of selling such businesses. In a July 13 interview with CNBC, Mr. Iger was asked whether the company would consider selling its TV networks, including American…

Officials evacuated nearby homes after a dozen train cars toppled off the tracks in Southeastern Pennsylvania early Monday morning. A former Disney CEO has donated $1.7 million dollars to the Biden campaign, although questions have been raised about the executive’s ties to China’s communist regime. He once praised China for what he called incredible opportunities,…

Officials evacuated nearby homes after a dozen train cars toppled off the tracks in Southeastern Pennsylvania early Monday morning. A former Disney CEO has donated $1.7 million dollars to the Biden campaign, although questions have been raised about the executive’s ties to China’s communist regime. He once praised China for its being what he called…

Legal representatives of Disney Parks and its new oversight district finally met in court on Friday, July 14. While Disney looks to serve as the plaintiff in a federal case, which has yet to secure a court date, it meets the Central Florida Tourism Oversight District (CFTOD) in the 9th Circuit Judicial Court as the…

Disney CEO Bob Iger responded to reports showing that Disney World’s wait times for rides and attractions have dropped this summer, suggesting that fewer people are going to the theme park. In a comment to CNBC this week, Mr. Iger was asked about the trend, and he attributed it to an overall slump in tourism…

Walt Disney World crowd sizes over the July 4th long weekend were “shockingly” thin, according to tracking data provider Touring Plans, which predicted that the low-attendance trend seems poised to continue amid ongoing conservative backlash to what some describe as a woke agenda. Disney has been embroiled in a legal and political fight with Florida…

By Brady MacDonald From The Orange County Register Attendance at Disneyland, Universal Studios Hollywood and other Southern California theme parks has not quite reached prepandemic levels despite crowds and lines that might make visitors think otherwise. Southern California theme park attendance in 2022 nearly bounced back to pre-pandemic 2019 crowd levels, according to a new…

Disney’s stock was downgraded by investment company  KeyBanc Capital Markets over fears of stalled growth due to lower attendance at its Disney World and Disneyland theme parks and lower streaming viewership. “While Disney appears less expensive versus its historical average, we believe the stock is unlikely to work until a number of items have line…

Amidst its less-than-stellar Cannes premiere, flaccid 43 percent Rotten Tomatoes rating, and myriad woke-related controversies surrounding its studio, Disney’s latest Indiana Jones installment had a lukewarm $60 million box office debut. That’s according to Comscore numbers, which show Disney’s “Indiana Jones and the Dial of Destiny” earned an estimated $130 million 3-day global weekend ($60…