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Disneyland Opens | On This Day
Bloomberg Television· 2025-07-17 21:44
All right. Let's take a look back in history to 70 years ago today and the opening of 20 amusement attractions on roughly 85 acres of orange and walnut groves out in Anaheim, California. Originally dubbed Mickey Mouse Park, it was officially christened as Disneyland.Now was not the first major theme park in the U.S. It wasn't even the first in California. In fact, that title belongs to Knott's Berry Farm, just about seven miles north in Bueno Park, California. But it was Disneyland that would set the standa ...
Disney's spent 70 years funneling IP into its theme parks. Here's why it works
CNBC· 2025-07-17 12:00
In this articleDISGeneral views of Sleeping Beauty Castle at Disneyland on April 06, 2024 in Anaheim, California.Aaronp/bauer-griffin | Gc Images | Getty ImagesThe "Happiest Place on Earth" turns 70 this week.Disneyland, a pillar of the Anaheim, California, community since 1955, was a passion project of founder Walt Disney, a place where adults and their children could have fun together. It also served as a place where the longtime media company could show off and weave together different pieces of its busi ...
LIVE FEED: DISNEY CEO BOB IGER TO RING NYSE OPENING BELL FROM DISNEYLAND RESORT
Prnewswire· 2025-07-16 21:00
NEW YORK, July 16, 2025 /PRNewswire/ -- On Thursday morning, the New York Stock Exchange will provide a live broadcast of Disney CEO Bob Iger ringing the NYSE Opening Bell from Disneyland Resort in Anaheim, California, in celebration of Disneyland's 70th anniversary. NYSE President Lynn Martin will join Mr. Iger to commemorate the occasion.When:Thursday, July 17, 20259:28 a.m. ET     Live feed opens9:30 a.m. ET     Opening Bell rings9:31 a.m. ET     Live feed closesLive Feed:The live feed will be available ...
Disney says its theme parks generate $67 billion in annual U.S. economic impact
CNBC· 2025-06-05 15:59
Core Insights - Disney's domestic theme parks generate a national economic impact of $67 billion annually, significantly contributing to tourism, job creation, and tax revenue in the U.S. [1][6] Economic Impact - The report from Tourism Economics indicates that Walt Disney World Resort has a $40 billion economic impact in Florida for fiscal year 2022, while Disneyland Resort contributes $16 billion in Southern California for fiscal year 2023, with an additional $10 billion impact on the rest of the country [5]. - Disney supports over 400,000 jobs in the U.S., with 1 in 20 jobs in Orange County, California, and 1 in 8 jobs in Central Florida linked to the company [7]. Future Developments - Disney plans to invest $30 billion in domestic capital expenditures through 2033, which includes significant expansions at its parks [8]. - Upcoming expansions include a revamped Frontierland and new themed areas at Magic Kingdom, a tropical Americas land at Animal Kingdom, and a "Monsters Inc." land at Hollywood Studios, along with expansions at Disneyland in California [9]. Industry Context - The economic impact report coincides with Disney's announcement of a new theme park in Abu Dhabi and the opening of Universal's Epic Universe in Florida, amidst scrutiny over ticket pricing [3][4]. - Disney's chairman emphasized the company's role in defining the themed entertainment business in America and its broader economic influence beyond park gates [2].
Disney's Newest Theme Park Has Already Broken Records
Forbes· 2025-05-18 20:05
Core Insights - Disney's announcement of its first theme park in the Middle East on Yas Island, Abu Dhabi, led to the breaking of a regional record within hours of the announcement [2][9] - The launch event featured a spectacular drone light show, which set the record for the largest drone display in the region, utilizing over 9,000 drones to create a detailed replica of Cinderella Castle [11][12] Group 1: Event Highlights - The launch event included a high-profile press conference followed by a grand son et lumière show, featuring celebrities and a live orchestra [9][10] - The show was directed by experienced Disney professionals, ensuring a high-quality production [13][16] - The event was organized by HQ Worldwide Shows, a leading event management company in the region, in collaboration with Lumasky Drone Show, known for its innovative drone displays [16][17] Group 2: Technological Innovations - Lumasky developed its own drones, allowing for unique designs and control over both hardware and software, which sets it apart from competitors [18][19] - The drones used in the show emitted 3,200 lumens, making them the brightest in the Middle East [20] - The complexity of the show required meticulous planning, including 3D simulations and precise synchronization with music [22][23] Group 3: Economic Context - The UAE is diversifying its economy from oil and gas to tourism, investing in world-class attractions to attract global visitors [6][7] - The competition among Emirates to set records has led to a proliferation of high-profile events, with Guinness World Records establishing a permanent office in Dubai [7][8]