Part 5/11:
The upcoming earnings report, scheduled for August 4, is expected to be disastrous. Disney’s parks have faced repeated shutdowns, and new projects—including the overhaul of Splash Mountain and the re-theming of other attractions—are now on indefinite hold or facing steep cuts.
Insiders reveal internal disputes: some factions within Disney are pushing for continued spending on expansion and updates, while others advocate for austerity. The internal conflict resembles a struggle for financial survival, with rumors pointing to possible layoffs, project cancellations, and a freeze on new developments like the Epcot overhaul and the long-awaited Hall of Presidents update.