News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026

[MisterPenguin]

It begs to ask, "What is the purpose of a late night talk show or any other TV show"?

Some on these forums were questioning the wisdom of Disney+ as they were blinding themselves to the inexorable demise of broadcast/linear TV and all the 'cord cutting.'

It was mostly to score points against Disney.

Anyhoo, the last flickering light of broadcast/linear/cable TV was premised on the hope that live sports will keep legacy TV alive.

And now... live sports are alive and well on streaming. As well as live newscasts.

Some of us were pointing out the prescience of Iger for prioritizing streaming (even over parks!). Because, without streaming, Disney would be holding on to some dying TV channels and a losing a huge chunk of their revenue. For now, TV revenue is still profitable, but ever diminishing while streaming revue is increasing.

To get back to your question: In the end, there will be no "evening programming." Just shows taped in the afternoon and released as soon as the editing is done.

Indeed some segments of the late night talk shows make it to YouTube even before it is "aired."

 

[JD80]

Content is content, it'll get eyeballs in different ways. "Late night" will be a legacy term that will be kept for nostalgia for another generation of these shows.

 

[Alice a]

The frustrating thing about cable and satellite TV losses is that they did it to themselves.

Forcing me to choose from a ‘package’ or ‘tier’ where the most expensive channels that are in every stinking tier - sports and cable news- are the ones nobody in my household watch, is ridiculous and why I finally cut the cord last year.

I was paying $200+ a month for a second-tier direct-TV package because we have 5 TVs, and that’s the bundled rate since I had ATT for phones and internet!

If they had offered me $80-$90 a month for 50 basic channels (AMC, TNT, TBS, etc.) and no cable news or sports, I would’ve kept it, just for the ability to browse/change channels, which I dearly miss.

But no, they had to get greedy, charging per TV, requiring certain channels, etc.

Now I have 40ish free local channels with a cheap digital antenna (all that were on
my cable plan that I was being charged for), Peacock free from my phone plan, Netflix free from work, and I pay for Philo, Disney+, and Hulu.

That’s a little over $50 I’m paying now. Cable could’ve kept me at almost double that and I would’ve been happy with it. But they got greedy.

 

[EricsBiscuit]

Dana’s comments today show that (mercifully) she is not the front runner for CEO. Praying Josh takes the post.

 

[Ayla]

Dana’s comments today show that (mercifully) she is not the front runner for CEO. Praying Josh takes the post.

And those comments would be??

 

[Vegas Disney Fan]

Content is content, it'll get eyeballs in different ways. "Late night" will be a legacy term that will be kept for nostalgia for another generation of these shows.

I agree with this, they just need to adjust the budgets to that new reality, can’t create a show for $20 million dollars if it only makes $10 million (hypothetically speaking).

The tv business and the movie business share many similarities in the current environment, I don’t think either is going away but both need to adjust to fewer eyeballs and lower income. The glory days of both are in the past.

 

[EricsBiscuit]

And those comments would be??

That she doesn’t like being pitted against her fellow employees. Sounds like she has a losing hand.

 

[Tha Realest]

That she doesn’t like being pitted against her fellow employees. Sounds like she has a losing hand.

More like “please at least make me COO”

 

[JoeCamel]

More like “please at least make me COO”

Can't blame her, if she gets canned they take away her maingate

 

[Comped]

Can't blame her if she gets canned they take away her maingate

And lord knows they won't give her Legend status (which means she would get a gold pass)...

 

[networkpro]

Disney soon to be Weekend at Bernies'

 

[HauntedPirate]

And lord knows they won't give her Legend status (which means she would get a gold pass)...

Legend status is reserved for the most deserving Disney legends, like Dave Bautista and Rachel Zegler.

 

[Disney Analyst]

Seeing chatter on social media that the announcement is expected next month.

 

[BrianLo]

Seeing chatter on social media that the announcement is expected next month.

I would have expected it by the Feb 2nd quarterly call. Because otherwise they have set the expectation it’s extremely imminent and that’s all anyone is going to want to know. It would also make sense to bring that person on to the call.

Though the Chapek one came Feb 25, which is particularly what made it feel so erratic and out of the blue at the time.

They definitely know by now and if they don’t, that’s kind of terrible.

 

[HMF]

Dana’s comments today show that (mercifully) she is not the front runner for CEO. Praying Josh takes the post.

Josh might as well just be a few more decades of Iger. Very little will change and the Company will continue to basically off itself in public perception and the IP mandate will creatively shackle WDI for years to come.

 

[JD80]

I always thought it would be announced in calendar Q1 so that the new CEO could take part in/be announced in the Q2 quarterly call in April formally.

 

[HMF]

That she doesn’t like being pitted against her fellow employees. Sounds like she has a losing hand.

Maybe it's just philosophical differences but that actually sounds quite reasonable to me. Especially considering how detached Iger seems from most of his workers.

 

[WaltsTreasureChest]

What’s Eisner doing now a days?

 

[Sirwalterraleigh]

Seeing chatter on social media that the announcement is expected next month.

But what if the recession doesn’t hit by then?

I would have expected it by the Feb 2nd quarterly call. Because otherwise they have set the expectation it’s extremely imminent and that’s all anyone is going to want to know. It would also make sense to bring that person on to the call.

Though the Chapek one came Feb 25, which is particularly what made it feel so erratic and out of the blue at the time.

They definitely know by now and if they don’t, that’s kind of terrible.

It’s been a number of years I know…but are you suggesting there was anything “planned” about that?

On the last episode…
1. Iger abruptly “retires” after the bell closes on a random Thursday/friday…
2. World shuts down like a week later
3. Iger refuses to move out of the office.
4 18 months later…after a slew of unpopular but “revenue convenient” polices…chappo replaced by Iger as board head eliminates herself the next day.

It’s a really low grade espionage flick.

 

[Sirwalterraleigh]

What’s Eisner doing now a days?

Retired…long ago after it was clear it was time to go…

Others aren’t that perceptive