Bob Iger's contract is extended

ford91exploder

Resident Curmudgeon
With ESPN, do you think this is more a sign of the times and less a sign of actions taken by Iger and Co? Short of totally switching what ESPN is, what was the "Correct approach" here?

ESPN is both a victim of the times and ego driven Sports rights purchases. You made the 'biggest' deals in sports history. So how are you going to make those deals pay off for shareholders since you no longer have pricing leverage????

In an increasingly on demand world markets are segmenting and sports besides playoff games are not interesting to the majority of households when asked Do you want ESPN or a 8 buck reduction in your monthly bill and 60% surveyed took the 8 bucks...
 

ford91exploder

Resident Curmudgeon
Just heard that he might step down after his contract ends! If that's true, I swear to God Bob Chapek better not take his place....

Iger can see the writing on the wall, ESPN effectively goes bankrupt about 2020 if subscribers keep ditching cable at current rate.

The Bob's will float off on their golden parachutes leaving the wreckage of the once great TWDC behind.

A 'Private Equity' will come in and we will look at the Iger years as a golden age.

Think UNI under Blackstone as your model.

After that once the hotels sold off to Hilton/Marriott/Lowes.

Then Six Flags over WDW will be the end game.

It's not going to be pretty kiddies
 

Tom P.

Well-Known Member
Iger can see the writing on the wall, ESPN effectively goes bankrupt about 2020 if subscribers keep ditching cable at current rate.

The Bob's will float off on their golden parachutes leaving the wreckage of the once great TWDC behind.

A 'Private Equity' will come in and we will look at the Iger years as a golden age.

Think UNI under Blackstone as your model.

After that once the hotels sold off to Hilton/Marriott/Lowes.

Then Six Flags over WDW will be the end game.
You have quite literally lost your mind.
 

the.dreamfinder

Well-Known Member
Iger can see the writing on the wall, ESPN effectively goes bankrupt about 2020 if subscribers keep ditching cable at current rate.

The Bob's will float off on their golden parachutes leaving the wreckage of the once great TWDC behind.

A 'Private Equity' will come in and we will look at the Iger years as a golden age.

Think UNI under Blackstone as your model.

After that once the hotels sold off to Hilton/Marriott/Lowes.

Then Six Flags over WDW will be the end game.

It's not going to be pretty kiddies
There's still hope, if they can IPO/sell ESPN.

Additionally, you assume that the BoD won't pick, or be forced to pick, a transformational CEO.
 

Tom P.

Well-Known Member
Laugh now, The tears will cone soon enough.

Ive watched too many companies crash and burn and been a part of a couple where i was the last manager out of the HQ facility and fedexed the keys to the building owner.
Could that happen to Disney? Sure. Is it going to happen in the next couple of years because of ESPN? Not a chance.

Yes, ESPN is sinking. But it is not ready to go bankrupt yet, and there are many options that Disney has to either turn it around, sell it, spin it off, or shut it down. Also, for as much attention as ESPN gets, ESPN is not Disney. Disney is a much, much, much larger and more diverse organization than that and virtually every other business unit of Disney has been very successful in recent years.
 

larryz

I'm Just A Tourist!
Premium Member
Iger can see the writing on the wall, ESPN effectively goes bankrupt about 2020 if subscribers keep ditching cable at current rate.

The Bob's will float off on their golden parachutes leaving the wreckage of the once great TWDC behind.

A 'Private Equity' will come in and we will look at the Iger years as a golden age.

Think UNI under Blackstone as your model.

After that once the hotels sold off to Hilton/Marriott/Lowes.

Then Six Flags over WDW will be the end game.

It's not going to be pretty kiddies
Pessimistic, but plausible...
You have quite literally lost your mind.
That's what everybody said when people suggested that Anheuser-Busch might sell to foreign interests...
 

Kamikaze

Well-Known Member
Iger can see the writing on the wall, ESPN effectively goes bankrupt about 2020 if subscribers keep ditching cable at current rate.

The Bob's will float off on their golden parachutes leaving the wreckage of the once great TWDC behind.

A 'Private Equity' will come in and we will look at the Iger years as a golden age.

Think UNI under Blackstone as your model.

After that once the hotels sold off to Hilton/Marriott/Lowes.

Then Six Flags over WDW will be the end game.

It's not going to be pretty kiddies

Regardless of and including ESPN (which, as a division, can't go 'bankrupt'), TWDC has never done better. Ever. The numbers are all that matter. Not 'nostalgia' or a vision of what the parks should be or E.P.C.O.T. When you're talking about the future of the company, all that matters is the bottom line.
 

FoozieBear

Well-Known Member
Really odd that you'd predict the end of Disney based on one division that Disney owns. Almost as if you're forgetting the powerhouse that owns the largest entertainment franchises and theme parks. Might set their TV division back, but there's no reason to expect that the theme parks will be impacted by that.
 

larryz

I'm Just A Tourist!
Premium Member
Really odd that you'd predict the end of Disney based on one division that Disney owns. Almost as if you're forgetting the powerhouse that owns the largest entertainment franchises and theme parks. Might set their TV division back, but there's no reason to expect that the theme parks will be impacted by that.
I don't see him predicting the end of Disney, just the P&R division. There's precedent -- when A-B was bought out by InBev, the Busch parks were sold off to a Blackstone-led consortium.
 

Tom P.

Well-Known Member
I don't see him predicting the end of Disney, just the P&R division. There's precedent -- when A-B was bought out by InBev, the Busch parks were sold off to a Blackstone-led consortium.
He said:
The Bob's will float off on their golden parachutes leaving the wreckage of the once great TWDC behind.
Bob Iger is not going to leave "the wreckage of the once great TWDC" behind. The Walt Disney Company is currently enjoying the most success that it has ever seen. People are acting as though ESPN is the company; it's not. Yes, ESPN is faltering for a variety of reasons. But that is not going to destroy the company. Literally every other business unit of the company, including Parks and Resorts, is prospering and we are seeing the largest ever investment in park expansion taking place right now.

Sure, anything is possible, but I don't see either the company itself or P&R going anywhere.
 

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