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Disney runs four main operations: media networks (ABC, ESPN, Disney Channel), parks and resorts (Disneyland, Walt Disney World), studio entertainment (films and TV from Disney, Pixar, Marvel, Lucasfilm), and direct-to-consumer streaming (Disney+, Hulu, ESPN+). It makes money from ads and affiliate fees, ticket sales and in-park spending, box office and licensing, and subscriptions to its streaming services. It stands out because it owns a large library of well-known brands and can pair content with experiences, merchandise, and cross-promotion across parks and media. Its goal is to entertain, inform, and inspire people worldwide by telling stories with technology and forming partnerships to grow its reach.
Company Size
10,001+
Company Stage
IPO
Headquarters
Burbank, California
Founded
1923
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Canceled: Disney officially pulls plug on multiple live-action projects following major backlash. Disney has spent more than a decade turning some of its most recognizable animated stories into big-budget live-action productions. Some became enormous hits, while others faced criticism from audiences who questioned how many classics needed another version. My videos. Now, Disney's future slate looks considerably different. Several projects once announced or actively developed have fallen apart, including adaptations that had directors, writers, producers, and years of planning behind them. The cancellations come as Disney becomes more selective about which familiar properties receive another trip through the live-action machine. However, the studio hasn't abandoned that strategy entirely. Some projects are gone. Others are moving much closer to becoming reality. One Disney favorite never made it out of development. Disney began developing a new version of Robin Hood (1973) in 2020, with plans for a live-action/CGI hybrid musical. Carlos López Estrada signed on to direct, while Kari Granlund was attached to write the screenplay. Justin Springer was set to produce. The project was originally developed for Disney+. The original follows Robin Hood and Little John, anthropomorphic animals, as they fight Prince John and help the residents of Nottingham. Years passed without meaningful production news, and Estrada finally provided an answer in March 2026. The director confirmed during a Reddit AMA that the project was dead. He expressed disappointment because his team had developed ideas for the movie, including music he believed could have made the adaptation distinctive. Another musical remake fell apart behind the scenes. Disney also had serious plans for The Aristocats (1970). The animated movie follows Duchess and her kittens after a greedy butler removes them from their home to prevent them from inheriting their owner's fortune. Disney started developing a live-action/CGI adaptation in 2022. Will Gluck and Keith Bunin worked on the screenplay, while Oscar-winning musician and filmmaker Questlove later joined as director. He was also expected to oversee the movie's music. That version is no longer happening. Questlove revealed in August 2025 that the project had been shelved after repeated leadership changes at Disney forced him to revisit his creative plans. Eventually, he decided the movie simply was not going to come together. A cult Disney series loses its live-action comeback. Disney+ had been developing a live-action Gargoyles series based on the animated show that ran from 1994 through 1997. The original centers on ancient gargoyle warriors who turn to stone during the day and awaken at night. After finding themselves in modern New York City, Goliath and his allies protect the city. Gary Dauberman was developing the reboot alongside James Wan's Atomic Monster. The proposed story would have focused on Goliath and police detective Elisa Maza. In September 2026, however, reports confirmed Disney+ was no longer moving forward with it. Original series co-creator Greg Weisman had already described the live-action project as dead before a source confirmed its status to Variety. Several more Disney projects remain stuck in limbo. The Sword in the Stone (1963) was placed on hold after years of development, while The Hunchback of Notre Dame (1996) and Bambi (1942) have also gone years without significant progress. Aladdin 2 remains uncertain as well, despite plans following Aladdin (2019). Disney could eventually revive these projects, but their uncertain futures leave open the possibility of additional cancellations. Disney isn't finished with live action yet. Despite those setbacks, several major adaptations remain alive. Tangled (2010) has made significant progress. Disney confirmed Teagan Croft as Rapunzel and Milo Manheim as Flynn Rider, with The Greatest Showman (2017) filmmaker Michael Gracey directing. Jennifer Kaytin Robinson wrote the screenplay, and production listings have connected filming to Spain. Disney also announced a theatrical release date - March 31, 2028. Meanwhile, Lilo & Stitch 2 is moving forward after the success of Lilo & Stitch (2025). Disney announced at D23 that production will begin in Hawaii later in 2026 under director Chris Sanders, the co-creator of the original animated film and longtime voice of Stitch. Maia Kealoha is returning as Lilo, and Angel will join the live-action franchise. Disney has scheduled the sequel for May 26, 2028. Then there is Hercules (1997). Disney's remake has remained in development for years, with Joe and Anthony Russo attached as producers through AGBO. Guy Ritchie was previously announced as director, while David Callaham worked on the screenplay. Disney has not announced a cast, filming date, or release date, leaving plenty of questions surrounding the production. Disney's live-action strategy is becoming clearer. Disney clearly isn't walking away from live-action adaptations altogether. The bigger question is which projects the company believes can justify moving from development into production. Tangled has its leading actors. Lilo & Stitch 2 has a release date and production plans. Hercules remains alive, although much less concrete. At the same time, several other Disney properties spent years moving through development only to stall or disappear. For fans, that makes one thing increasingly clear: an announced Disney remake is no guarantee that audiences will ever see it on screen Get daily updates from Inside the Magic. I'd like to receive emails from Inside the Magic.
Disney names Character.AI's Karandeep Anand its first tech chief. Friday, 18 Sep 2026 | 11:24 PM MYT Sept 18 (Reuters) - Walt Disney on Friday named outsider Karandeep Anand its first chief technology officer, as AI and sweeping industry consolidation disrupt the media landscape. - Anand, who most recently served as CEO of generative AI chatbot serviceCharacter.AI, will join Disney effective October 2. - He will report directly to CEO Josh D'Amaro,the theme parks veteran who took the reins from Bob Iger in March. - A number of Character.AI's technical staff are expected to follow Anand to Disney, where he will oversee enterprise technology, AI platforms and engineering across the company's business segments. - Character.AI has been under legal scrutiny, including a May lawsuit overchatbot impersonation of doctors, a settlement of awrongful-death suit in January tied to a teen's suicide anda Disney cease-and-desist over unauthorized use of its characters in September 2025. - Before Character.AI, Anand was president and chief product officer at fintech company Brex. He also held senior roles at Meta's Facebook and spent 15 years at Microsoft, where he helped build the Azure platform. - On Thursday, Disney named insider Adam Smith chairman of its streaming business and created a new television franchise role for Joe Earley, sharpening focus on its direct-to-consumer platforms such as Disney+ and Hulu. (Reporting by Anhata Rooprai in Bengaluru; Editing by Joyjeet Das) Is this article useful?
"The Soul of Racing:" Listen to the main theme for Star Wars: Galactic Racer now. Plus, check out a behind-the-scenes look at the creation of the soundtrack. by Maxon Faber | Sep 18, 2026 2:28pm (Pacific) Disney has released the main theme of Star Wars: Galactic Racer ahead of the video games anticipated October release. What's Happening: * If you've ever watched a Star Wars racing scene and thought to yourself, "I've always wanted to do this!," then Star Wars: Galactic Racer is gonna be the video game for you. * Ahead of the game's October 6th release date, Disney has unveiled the game's main theme song, titled "The Soul of Racing." * The song, and the rest of the soundtrack, are composed by Gordy Haab, a Grammy winning composer known for his work on Star Wars: Zero Company, Star Wars: Jedi Survivor, and Indiana Jones and the Great Circle. * You can stream the game's main theme now on streaming services everywhere, including Apple Music, Spotify, Amazon Music, and YouTube Music. * Plus, in tandem with the new tracks release, Star Wars has also released a fun look behind-the-scenes of the creation of Galactic Racer's soundtrack! Check it out below * Star Wars: Galactic Racer was announced during the 2025 Game Awards, which arrives from Fuse Games and Lucasfilm Games. * The game introduces a new character Shade, a mysterious lone racer that players will learn more about as they race through the game's campaign. * Star Wars: Galactic Racers is set to release on October 6th, and is available on PS5, Xbox Series consoles, and PC. Read More National Geographic:
Disney has appointed Karandeep Anand as its first chief technology officer. Anand previously led Character.AI, a generative AI startup that Disney accused of copyright infringement in September 2025. Character.AI enables users to create and interact with AI-generated virtual characters. Disney sent the company a cease and desist letter, claiming it hosted copyrighted characters from Disney franchises. The startup has also faced lawsuits alleging its chatbots encouraged self-harm and suicide. New Disney CEO Josh D'Amaro selected Anand for the role after Bob Iger stepped down in March. The appointment signals D'Amaro's intention to embrace emerging technologies. Anand became Character.AI's CEO in May 2025, having previously served as a board adviser. His career includes roles at Facebook and 15 years at Microsoft.
Disney has a new tech chief - read the memo from CEO Josh D'Amaro. Sep 18, 2026, 10:19 AM PT Disney has hired its first-ever companywide tech chief as its leadership shuffle under CEO Josh D'Amaro continues. Karandeep Anand is joining Disney as chief technology officer and a senior EVP, D'Amaro told employees on Friday. "Karandeep brings a rare mix of experience across infrastructure, consumer technology, and AI," D'Amaro said in a memo, which was obtained by Business Insider. The hire comes a day after Disney promoted Adam Smith to the head of its streaming business and moved Joe Earley, who'd shared the direct-to-consumer co-president title with Smith, to the president of franchise and content strategy for Disney's Entertainment TV arm. As tech chief, Anand will oversee the enterprise tech, infrastructure, data and AI platforms, product, and engineering teams, D'Amaro said. This aligns with the "One Disney" initiative designed to unify the company, which D'Amaro has made a priority. Friday marks D'Amaro's six-month anniversary at the helm of the Mouse House. Anand has been the CEO of Character.AI, an AI startup to which Disney sent a cease-and-desist letter last September. Disney had told Character.AI not to use its copyrighted characters in AI-generated videos without permission; Character.AI complied with the request. Before joining Character.AI, Anand spent six and a half years at Facebook, following more than 15 years at Microsoft. He will report to D'Amaro. Anand "is an expert builder and strategist, technical and product-minded, with sharp instincts for what people actually want," D'Amaro told Disney staffers. Read D'Amaro's full memo to Disney employees here: When I stepped into this role, I laid out three priorities: great storytelling as our North Star, technology in service of creativity, and operating as One Disney. Today, we have some exciting news about how we are putting that strategy into motion. I'm thrilled to share that Karandeep Anand will be joining Disney as our first Senior EVP and Chief Technology Officer, reporting directly to me, beginning October 2.Karandeep brings a rare mix of experience across infrastructure, consumer technology, and AI. He led Character.AI as CEO, taking the company through a period of explosive growth and building one of the most engaged consumer-AI audiences in the world, grounded in a deep understanding of what keeps people coming back. He also made user trust and safety a priority as the platform scaled, a discipline he brings with him to Disney.Before that, he held senior leadership roles at Meta and Microsoft and was part of the team that created Azure. He is an expert builder and strategist, technical and product-minded, with sharp instincts for what people actually want. In this role, he will oversee enterprise technology, infrastructure, data and AI platforms, product, and engineering, working across our segment technology teams to further modernize how we build and deliver technology company-wide.In getting to know Karandeep, one thing keeps coming through: real enthusiasm and respect for Disney and a clear sense of where technology and creativity meet. What struck me most is his belief that technology creates the most value when it helps people do their best work.This is the next chapter we're writing together as One Disney, and I'm genuinely optimistic about what it means for our teams, our fans, and the stories ahead.Please join me in welcoming Karandeep to the team.Josh