MagicKingdom

You could argue that if Walt Disney World went belly-up tomorrow, the National Parks system would have to take it over. It means that much to modern American society. Some 17 million people visit its original park, the Magic Kingdom, every year, and visiting a Disney park is an essential part of...

The magic is fading for Disney, but for its customers, it's just beginning. This morning, after announcing that theme park bookings fell off a cliff in the last month and corporate income was down 13% last quarter, Disney's stock dropped 6.1%. Hotel bookings at the Walt Disney World resort are down...