Traveling With The Mouse

Sequels and Layoffs


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Episode 392: Today on the show we’re talking Q1 earnings call and what the aftermath will be. Some new things were announced like new sequels for some of the biggest franchises and a new experience coming to Disneyland. There were also some things that we didn’t want to hear…There will be seven thousand layoffs across the Disney organization and the Theme Park investments got cut by 700 Million dollars. The company is reorganizing to place ESPN out by itself. We can guess what that means as the company is also trying to erase the debt caused by recent acquisitions. Also, Reedy Creek Improvement District will be renamed but will continue on. However, the new board will consist of 5 supervisors that will be hand picked by the governor. There isn’t much Disney can do about it but wait and see how this goes.

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Traveling With The MouseBy Adam, Jon and Jason

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