The Walt Disney Co.

‘Avatar 2’ Is Latest Hollywood Blockbuster to Bomb in China

“Avatar: The Way of Water” belly-flopped on its opening weekend in China, bringing in $57.1 million, far below the approximately $120 million it was expected to earn. The shortfall has surely come as a disappointment for Disney, which is seeking to replicate the success of the first Avatar movie — the highest grossing Hollywood movie in China at the time of its release in 2009.”

Avatar 2

Disney Sued by Investor Claiming Company’s Fight with DeSantis over Florida’s Anti-Grooming Law Created ‘Far-Reaching Financial Risks’

A Disney investor has sued the company in an attempt to uncover internal records related to Disney’s fight with Florida Gov. Ron DeSantis (R) over the state’s anti-grooming Parental Rights in Education law. Investor Kenneth Simone sued Disney this week in a Delaware chancery court, claiming Disney “created far-reaching financial risks” for itself and its shareholders through its public attacks on the legislation.

Kevin Dietsch; Joe Raedle/Getty Images

Tragic Kingdom: Experts Predict Dark Days Ahead at Disney for Bob Iger, Major Cuts as Streaming Loses Billions

The Walt Disney Co. is hoping that returning CEO Bob Iger will wave his magic wand like Cinderella’s fairy godmother and make everything better following Bob Chapek’s calamitous tenure. But analysts are predicting the task won’t be so easy, saying Iger will need to slash spending and restore profitability in two years’ time — a feat of sorcery that the Disney veteran may not be able to pull off.

NEW YORK, NY - OCTOBER 24: Bob Iger, chairman and chief executive officer of The Walt Disney Company, pauses while speaking during an Economic Club of New York event in Midtown Manhattan on October 24, 2019 in New York City. Earlier this year, Iger announced that he will step down …

Disney Embraces Drag Queens: Marvel Studios ‘Ironheart’ Casts ‘RuPaul’s Drag Race’ Star Shea Coulee

The Walt Disney Co. swore to devote itself to radical LGBTQ activism, and the company continues to make good on that ominous promise. Marvel Studios has reportedly cast “RuPaul’s Drag Race” star Shea Couleé in its upcoming Disney+ series “Ironheart” — the latest indicator that the studio is making drag culture a prominent component of its entertainment for children.

John Lamparski/Getty Images for Empire State Realty Trust/Disney