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Disney Business Disney Financials Disney News

Disney Along with Several Other Major Companies Seek Over $1 Trillion in Relief For Local Aid

Not too long ago, we told you about a Federal Aid plan that included a $25 billion airline rescue package to bail out the hard-hit travel industry due to the country’s recently shut down.

Orlando International Airport

And now Disney along with top industry leaders of several major companies are moving forward with a plan to seek over $1 trillion in government aid.

First reported by CNBC, California Governor Gavin Newsom is asking for more state and local funding along with his task force which includes Disney Executive Chairman(and former Disney CEO) Bob Iger as well as Netflix Chief Content Officer Ted Sarandos among many others.

Star Wars: Galaxy’s Edge During It’s Dedication Ceremony

The task force sent a letter to Congress last Friday addressed to House Speaker Nancy Pelosi, House Minority Leader Kevin McCarthy, Senate Majority Leader Mitch McConnell, and Senate Minority Leader Chuck Schumer. In it, they formally requested an additional $1 trillion in flexible economic relief to be distributed throughout all states.

Closed Lost and Found booth at Disneyland after the parks close due to Coronavirus

The task force says the additional funds could be used for essential resources to trace and prevent the spread of the virus and to assist operations like child services, job training, and small businesses.

Sleeping Beauty Castle

The House of Representatives passed a bill on Friday which included $1 trillion in funding for state and local governments. We’ll continue to follow this developing story and keep you informed of any updates.

From our friends at www.disneyfoodblog.com
Filed Under: Disney News, Featured, News, $1 trillion, bail-out, bob iger, california governor, california task force, Disney, Disney Executive Chairman, gavin newsom, government assistance, walt disney company

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Disney Business Disney+ Other

Disney’s head of streaming Kevin Mayer is now the CEO of TikTok

TikTok

The Walt Disney Company is seeing another shift in its corporate leadership. The company announced how their streaming executive, Kevin Mayer, is leaving Disney. Mr. Mayer is departing because he is assuming a new corporate role elsewhere as the CEO of ByteDance, which is the Chinese company that owns TikTok.

TikTok is an app used for creating short videos and the popularity of the social networking grew during the global pandemic. According to app data firm Sensor Tower, the TikTok app has been downloaded about 1.9 billion times worldwide. For the first quarter in 2020, the app was downloaded 307 million times, which is more downloads than any other app for the quarter.

When asked why he was leaving Disney, Kevin Mayer replied, “I was happy with my job at Disney. The magnitude of this opportunity was just something I couldn’t pass up.” Mr. Mayer says that music and gaming are two possible expansions he’d like to explore for the future of TikTok.

He did achieve phenomenal success with Disney’s streaming service. Back in April, The Walt Disney Company celebrated crossing 50 million subscribers on Disney+. Since the announcement, the Walt Disney Company has named Rebecca Campbell as the new corporate leader of the Disney+ streaming service.

Source: New York Times

From our friends at chipandco.com
Filed Under: Disney+, News, disney, Disney plus, Kevin Mayer, New CEO, TikTok

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Disney Parks Other

First Look at Frontera Cocina’s Modified Menu For Disney Springs’ Reopening!

Disney Springs will begin a phased reopening on May 20th, with select third-party restaurants and retail locations welcoming back guests.

Frontera Cocina

Frontera Cocina will reopen with Disney Springs on May 20th. And, the restaurant has just shared the temporary menu that they will initially offer!

When Disney Springs reopens, there will be several changes in place. In addition to health and safety measures across property, there will be some location-specific differences as well. One such change — some restaurants will temporarily feature different or limited menu items. And Frontera Cocina has just given us a peek at the delicious bites we can enjoy when they reopen!

Queso Fundido

The menu features several starters, salads, tacos, entrees, sides, and desserts for guests to choose from. And we were excited to see some of our favorite eats will be available (hellooooo Queso Fundido)! Here’s a look at the starters, salads, and tacos that will be offered.

©Frontera Cocina

And here are the entrees, sides, and desserts!

©Frontera Cocina

And, of course, there will be drinks as well! Here are the margaritas, tequila, and sangria guests 21 and older can enjoy.

©Frontera Cocina

Plus, cocktails, beer, wine, mezcal, and other beverages will also be available.

©Frontera Cocina

Frontera Cocina will be reopening with this temporary menu on May 20th. Until then, you can check out our review and see the previous menu here!

Have you eaten at Frontera Cocina? Share your experience with us in the comments!

From our friends at www.disneyfoodblog.com
Filed Under: Disney Springs, Featured, Table-Service, Walt Disney World, Disney, disney dining, disney springs, disney springs dining, disney springs re-opening, disney springs reopening, Disney World, Frontera Cocina, temporary menu

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Disney Business Disney Financials Disney Parks Other

News! Former Disney Chairman Named CEO of TikTok

Today, Disney announced a new leadership team including Josh D’Amaro in his new position as Chairman of Disney Parks, Experiences, and Products.

@joshdamaro on Instagram

Other members include Rebecca Campbell, Jeff Vahle, Kareem Daniel, and Thomas Mazloum. Campbell took on the position of chairman of Disney’s Direct-to-Consumer and International, which was formerly held by Kevin Mayer. However, Mayer is moving on to a position with a popular video service.

According to Variety, Mayer stepped away from The Walt Disney Company to assume the role of chief executive officer at the “short-form video platform,” TikTok. He will also be taking on the position of chief operating officer at TikTok’s parent company, ByteDance.

Jesse Grant/Getty Images for Disney

ByteDance CEO stated, “Kevin’s wealth of experience building successful global businesses makes him an outstanding fit for our mission of inspiring creativity for users globally. As one of the world’s most accomplished entertainment executives, Kevin is incredibly well placed to take ByteDance’s portfolio of products to the next level.”

Mayer will support ByteDance by overseeing TikTok, music, gaming, Helo, and other new ByteDance businesses. He is scheduled to start officially working with the company in Los Angeles on June 1st.

Disneyland Main Entrance

Mayer spoke out on his new position by stating “I’m thrilled to have the opportunity to join the amazing team at ByteDance. Like everyone else, I’ve been impressed watching the company build something incredibly rare in TikTok — a creative, positive online global community — and I’m excited to help lead the next phase of ByteDance’s journey as the company continues to expand its breadth of products across every region of the world.”

Epcot Monorail

Kevin Mayer started working with Disney in 1993, but left in 2000 to become the CEO of Clear Channel Interactive. He returned to Disney in 2005 as EVP of corporate strategy. Most recently, Mayer oversaw Disney’s launch of Disney+ and ESPN+.

©Disney

Disney CEO, Bob Chapek, stated “Kevin has had an extraordinary impact on our company over the years…He has done a masterful job of overseeing and growing our portfolio of streaming services, while bringing together the creative and technological assets required to launch the hugely successful Disney Plus globally.”

Former Disneyland President, Rebecca Campbell, will take on Mayer’s previous role at The Disney Company.

Which streaming platform is your favorite and why? Let us know in the comments!

From our friends at www.disneyfoodblog.com
Filed Under: Disney News, Featured, News, Disney, Disney Company, disney plus, Disney World, Disneyland, espn plus, Hulu, josh d’amaro, kevin mayer, Rebecca Campbell, streaming, the walt disney company, tiktok, walt disney company

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Disney Business Disney Financials Disney Parks Other

News: Disney Announces New Park Presidents and Josh D’Amaro As Chairman of Parks

We’ve seen a lot of Disney World president Josh D’Amaro over the past few weeks as he’s sent us some friendly messaging during the Disney World closure.

©Disney

Now, Josh D’Amaro is no longer leading Disney World. In a press release today, Disney announced its new leadership team, including D’Amaro moving into the position of Chairman of Disney Parks, Experiences and Products — the role previously held by the current CEO of the Walt Disney Company, Bob Chapek.

The new position will take D’Amaro from overseeing the operations of Walt Disney World resort to overseeing the entirety of Disney’s travel and leisure businesses including all six international theme parks, Disney Cruise Line, Disney Vacation Club, and Adventures by Disney. He will also head all of Disney’s global consumer product operations including their licensing business, children’s print publisher, the Disney Store, and shopDisney.

@joshdamaro on Instagram

The Chairman position reports directly to the CEO, and Chapek commented on his happiness with D’Amaro filling his old role. Of the leadership shift, Chapek said, “I am certain he will take Disney’s Parks, Experiences and Products segment – home to some of our company’s most iconic and beloved businesses – to exciting new heights in the years to come.”

D’Amaro made a statement on his new position explaining, “I look forward to following [Chapek’s] record of driving innovation, value, and growth as we deliver unforgettable experiences for our guests. It is an incredible honor to lead our team of talented and dedicated cast members around the globe, who go above-and-beyond every single day. Even during this challenging time, their enthusiasm for what we do is unwavering, and my goal is to bring our cast members back to work as soon as possible so they can continue to create that magic.”

©Josh D’Amaro

D’Amaro isn’t the only one to receive a new position either. In fact, the new leadership team includes several new faces. Rebecca Campbell, previously the President of Disneyland, is moving into the position of Chairman for Direct-to-Consumer and International. She will oversee the company’s streaming businesses (Disney+, ESPN+, Hulu, and Hotstar) as well as Disney’s International Channels, Fox Networks International, and Star India.

Replacing the two executives are Jeff Vahle, formerly the President of Disney Signature Experiences, as the new President of Walt Disney World and Ken Potrock, formerly the President of Consumer Products, as the new President of Disneyland.

Rebecca Campbell ©Disney

Other new appointments on the leadership team include Kareem Daniel (former President of Walt Disney Imagineering Operations/Product Creation/Publishing/Games) replacing Potrock as the President of Consumer Products, Games and Publishing and Thomas Mazloum (former Senior Vice President of Resort and Transportation Operations at Disney World) replacing Vahle as the President of Disney Signature Experiences.

Sleeping Beauty Castle

We will be keeping a close eye out for statements from the new executive team and will report in on any developments as the team settles into their new roles.

What do you think of the new leadership appointments? Tell us in the comments! 

From our friends at www.disneyfoodblog.com
Filed Under: Disney News, disney parks, Disney+, Featured, News, bob chapek, Chairman Direct-to-Consumer and Internional, Chairman of Disney Parks Experiences and Products, disney ceo, disney executives, disney world president, disneyland president, josh d’amaro, Leadership Team, Rebecca Campbell, the walt disney company, Walt disney Company Leadership Team