Disney finally saw a profit in streaming, so why did its stock fall 10%? One answer could be theme park jitters. The "evidence of a global moderation from peak post-Covid travel" has raised concerns for Disney, despite the approval of DisneylandForward, robust Halfway to Halloween announcements, and new research showing travel spending in California reaching an all-time high of $150.4 billion in 2023. This week, we dig into all the numbers to determine whether the concern is warranted.
00:00 Intro
00:26 DisneylandForward Approved
05:33 Record Spending on Travel in California
15:10 Disney Stock Dips Despite Profit in Streaming
26:26 Disney Parks Halfway to Halloween Announcements
STORIES
DisneylandForward Approved: https://www.disneylandforward.com/
California Sees Record Travel Spending: https://industry.visitcalifornia.com/research/economic-impact
Disney Stock Dips As Theme Park Comments Rattle Market: https://deadline.com/2024/05/disney-stock-theme-park-comments-rattle-investors-1235907194/
Halfway to Halloween at Disney Parks: https://disneyparks.disney.go.com/blog/2024/05/disney-experiences-celebrates-a-wickedly-wonderful-halfway-to-halloween/
ABOUT GREEN TAGGED
Green Tagged is An insider’s take on the theme park and themed entertainment industry trends. Green Tagged Covers the Top Theme Park News from each week. From theme parks to zoos, aquariums, and haunted houses, we scour the world for what you need to know. We may not have all the answers, but we ask the right questions. Green Tagged is hosted by Philip Hernandez and Scott Swenson, both ICAE Certified professionals in the themed entertainment design space.
