News Josh D’Amaro Named Next CEO of The Walt Disney Company

[Sirwalterraleigh]

Streaming is not anywhere close the same cost as cable unless you decide to subscribe to everything. And you think streaming is going to pop soon? Lol. ok.

The money that made cable successful was far better for Disney on all levels than what streaming takes…as it stand

Most of the overhead was NOT on the TWDC and the revenue it generated was a lot of cash for little outlay.

That could change…but it was never gonna be “easier”

 

[Lilofan]

Does Bob give up his office with the shower? That will tell you everything.

If you hear grumblings from within the town that Bob is unhappy with where his company is going, rest assured he'll do or is doing everything he can to destroy Josh.

If Josh doesn’t work out , Dana is there and can be an interim CEO until a new one is selected by the Board. If Josh is looking to move into a bigger home , Chapek still unemployed listed his home asking $15M for it.

 

[monothingie]

If Josh doesn’t work out , Dana is there and can be an interim CEO until a new one is selected by the Board. If Josh is looking to move into a bigger home , Chapek still unemployed listed his home asking $15M for it.

Dana won the consolation prize and the "newly created" position was just a kludge to satisfy any complaints about gender playing a role in the decision to pick Josh. The creative position is malarkey, the fair comparison is to KK, and she has just as much "creative" ability as KK and we all saw how Star Wars turned out. But Dana was also in a position to make decisions on a lot of Marvel and other D+ slop that came to air as well....so....yeah.

If anything her being there creates a headache for Josh, because now Alan (person who actually is good at his job) now reports to her (and she was terrible at her job). It's now a question of who leaves for greener pastures...I hear Netflix needs a new studio head soon and has lots of $$$ to throw around.

With regard to Bob, if or when Josh flames out, rest assured Bob is waiting and he'll push everyone aside to come back on a "temporary" basis, including Dana.

 

[Dranth]

Que?!?

Having an external group advise is a good thing. The board may or may not have listened to them, but it is always good to get an external opinion on something like this. Even more so after the mess last time.

 

[monothingie]

It was a good move though. Bring in an outside group to check any biases you may have that you are blind to.

Que?!?

Having an external group advise is a good thing. The board may or may not have listened to them, but it is always good to get an external opinion on something like this. Even more so after the mess last time.

It's incestuous...Yeah the guy who ran JP Morgan and is now COB has someone from JP Morgan come in to run Investor Relations and Strategy...

Benjamin Swinburne to Join Disney as Executive Vice President of Investor Relations and Corporate Strategy | The Walt Disney Company

Benjamin Swinburne has been named Executive Vice President of Investor Relations and Corporate Strategy for The Walt Disney Company.

thewaltdisneycompany.com

Other than a passing thought about external candidates (who were likely more talented than anyone at Disney...like Staggs), it was Josh's position to loose from the start.

I would bet a crisp new $1 bill, that there was the realization that the internal workings of Disney are so dysfunctional that anyone coming in from the outside would have to tear it all down...and that it was easier to just keep leadership from those in house and kick the can down the road...until they break it up and sell it???

I mean if it were so great, wouldn't $DIS at least be higher than it was in 2015? I mean if it just kept with the S&P Average it should be at $300/share.

 

[Matthew2mrt]

Sorry for the delay. But, I made this reel with a message to congratulate them both. I’m very excited about what’s in store for Disney’s future under each of their leadership. I hope you like it.

 

[Sirwalterraleigh]

Having an external group advise is a good thing. The board may or may not have listened to them, but it is always good to get an external opinion on something like this. Even more so after the mess last time.

Nothing at all about anything the last 5 years implies “external” in any way

It’s all so scripted…and the script isn’t clever at all

If I had to sum it up in a picture…this would be it:

 

[Sirwalterraleigh]

Sorry for the delay. But, I made this reel with a message to congratulate them both. I’m very excited about what’s in store for Disney’s future under each of their leadership. I hope you like it.

…is it time for Saturday morning cartoons already?

 

[monothingie]

Sorry for the delay. But, I made this reel with a message to congratulate them both. I’m very excited about what’s in store for Disney’s future under each of their leadership. I hope you like it.

I too also made a loving tribute to Bob Iger and his "retirement" from TWDC.

 

[Sirwalterraleigh]

…winner

 

[larryz]

I think they’re just bitter Gen Xers who remember when Tv was free and you paid money for cable so you didn’t have to see ads.

One of the biggest scams Hollywood ever pulled off was charging for cable because there wasn’t ads and then putting ads on it and keeping the payment scheme anyway. Paying $100-200 a month to watch commercials is still one of my biggest pet peeves in life, which probably explains why I’m now on the most basic cable plan and 90% of my tv viewing is YouTube.

I have no problem spending thousands on a vacation but I draw the line on paying to watch commercials.

What multiverse are you from? In MY multiverse, cable started out as a way to bring OTA programming to remote locations, warts (commercials) and all.

Then came Home Box Office and pay-per-view events, and the next thing you know, the formerly empty bandwidth was full of local government channels, Discovery, Food, Lifestyle, Turner Broadcasting and Classic Movies, CNN, Headline News, The Toe Jam Channel, Sports News, Sports Gossip, Sports Sports, Sports Replays, The Animal Channel, The Monkey Channel, The Insect Channel, The Home Shopping Network, The Show Hopping Network and ultimately, the Channel Channel.

I exaggerate a bit, but Cable (aka Community Antenna) originally worked because when you were stuck out on the Llano Estacado or down in the holler where a TV antenna was useful only to the birds needing a place to sit and poop, you were willing to pay a couple of dollars a month so you didn't have to watch the local news jabber on about wool prices and cattle feed.

 

[larryz]

I would bet a crisp new $1 bill

Better hurry! If it costs more than a dollar to print it, it's going the way of the penny...

 

[larryz]

…is it time for Saturday morning cartoons already?

 

[SamusAranX]

The only other interesting attractions at the park are the Nintendo ones, and they're all bad. MK is trash, Yoshi is a joke, and DK is just single coaster elements split apart by brake zones.

Yoshi is literally a child’s people mover, but I agree it needed to be longer

Mario kart agreed. I just think the problem is not the attraction itself but that you really can’t replicate the frenetic pace of actual Mario kart as a ride

Loved DK. Too short though. So wouldn’t wait more than 30 minutes for it.

Surprised you didn’t mention MoM. HP isn’t my cup of tea but it’s very well built

 

[Sirwalterraleigh]

What multiverse are you from? In MY multiverse, cable started out as a way to bring OTA programming to remote locations, warts (commercials) and all.

Then came Home Box Office and pay-per-view events, and the next thing you know, the formerly empty bandwidth was full of local government channels, Discovery, Food, Lifestyle, Turner Broadcasting and Classic Movies, CNN, Headline News, The Toe Jam Channel, Sports News, Sports Gossip, Sports Sports, Sports Replays, The Animal Channel, The Monkey Channel, The Insect Channel, The Home Shopping Network, The Show Hopping Network and ultimately, the Channel Channel.

I exaggerate a bit, but Cable (aka Community Antenna) originally worked because when you were stuck out on the Llano Estacado or down in the holler where a TV antenna was useful only to the birds needing a place to sit and poop, you were willing to pay a couple of dollars a month so you didn't have to watch the local news jabber on about wool prices and cattle feed.

Now that you mention it…cable brought Mario Lemieux into my house 25% of the nights each year…so it was probably worth the cash

 

[Sirwalterraleigh]

Yoshi is literally a child’s people mover, but I agree it needed to be longer

Mario kart agreed. I just think the problem is not the attraction itself but that you really can’t replicate the frenetic pace of actual Mario kart as a ride

Loved DK. Too short though. So wouldn’t wait more than 30 minutes for it.

Surprised you didn’t mention MoM. HO isn’t my cup of tea but it’s very well built

Monsters is the best ride there

 

[Disstevefan1]

I was under the delusion that having government telling media companies what to do was a bad thing.

When the party that will come into power is friends with Hollywood elite anything is possible…

 

[Lilofan]

When the party that will come into power is friends with Hollywood elite anything is possible…

Can’t wait for Nov 28’ when that happens !

 

[Disstevefan1]

Can’t wait for Nov 28’ when that happens !

Technically after Jan. 20th 2029 and I hope they don't kill YouTube

 

[Dranth]

It's incestuous...Yeah the guy who ran JP Morgan and is now COB has someone from JP Morgan come in to run Investor Relations and Strategy...

100000000000%

Other than a passing thought about external candidates (who were likely more talented than anyone at Disney...like Staggs), it was Josh's position to loose from the start.

Likely, but my original statement was just that it was still a good idea to hire an external firm to help with the search. That's all. Maybe the board completely ignored them and hired Josh despite their advice, maybe not, but at least having someone in the room to push back is better than what they did last time.

I would bet a crisp new $1 bill, that there was the realization that the internal workings of Disney are so dysfunctional that anyone coming in from the outside would have to tear it all down...and that it was easier to just keep leadership from those in house and kick the can down the road...until they break it up and sell it???

Maybe. Personally, I lean more towards they have convinced themselves that an external hire wouldn't "understand" Disney well enough to run the company and so they are afraid to go external. Doesn't mean it can't end up in the same place though if they aren't careful.

I mean if it were so great, wouldn't $DIS at least be higher than it was in 2015? I mean if it just kept with the S&P Average it should be at $300/share.

No doubt Dis has underperformed the market but I really think the stock price argument doesn't completely hold up the way people typically try to use it. If you are saying it hasn't been great since 2015, yep, that would be accurate. If you are saying that is an indication of how bad Iger is or management in general then I at least partially disagree.

It isn't that management issues don't play into the price, of course it does, but that it is hardly the only things that drives stock prices.