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How Disney responds to what is happening now will tell us actually who Chapek is as the CEO. I know the fun thing is to blame Chapek for everything wrong, but what we are seeing at this moment is still Iger's WDW. A ship as large as TWDC doesn't turn quickly. Yes, Chapek ran the parks, but...
I think there was a price shock that hit travelers domestically over the summer that caused many people to decide to delay travel another year. Prices for everything were crazy for a few months. It wasn't just a DIsney thing. Rental cars, airfare and hotels across the country were charging...
He has took direct shots at the contracts of highest levels of executives at Disney. He says he wants to restructure both the length and compensation structure of the contracts of top Disney executives.
My guess is the big savings on these cuts will come on the management side. Chapek has signaled that he thinks Disney's management is bloated and in some cases over compensated across the company's divisions.
I mean if you want to treat a cartoon character like she is a representation of real women, the fact she is in a sexual relationship of some sort with a rabbit should bother you far more than her . Being bothered by either is crazy since they are cartoon characters.
They will if they get to sell the new Disneyland site, a future Poly tower and if Disney has stockpiled a bunch of points at existing resorts with buybacks over the last year.
In Chapek's defense..........
Disney's revenue streams have been hammered for almost two years, his predecessor saddled the company with over $50 billion in debt and the company's credit rating has been downgraded making future borrowing more expensive. He needs to find ways to generate cash...
What do you think about this Cast? I am thinking probably just Disney option exploring at this point. That said, if a potential buyer wants a wider range of inventory to sell when they take over, that could explain the buck back letters Disney has been sending out.
Thank you for the run down.
Roger Rabbit is one of my all time favorite Disney productions. It has always felt to me like it was underused and now, sadly, lacks the relevance to be properly used anymore.
It sound like it would be a sale of the whole division. I think it probably is only in the discussion stage at this point. Len Testa brought it up at the 51 minute mark of today's Disney Dish podcast.
Why is that good? The whole thing that made Jessica work as a character was that everyone assumed she was a bimbo sex pot, but it turns out she is the smartest character, the most balanced character and most sincere character in the film.
Weren't the plans at one time to even go in bigger on Roger both in film and in the parks, but then their was a falling out between Spielberg and Disney that basically stopped anything new with Roger from moving forward?