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The board probably felt that they had no alternative. Think of it like a system restore for a computer. You know there’s a problem, but don’t know how to fix it so you go back to the last working state and figure things out from there.

I mean… Iger hand picking Chapek got us into this mess in the first place. Maybe this time he can find a guy with at least one creative bone in his body

What a dizzying mashup of corporate gobbledygook and buzz words.

All of this is just a big game of how much value engineering one company can get away with before it becomes detrimental to the business and customers have had enough. Everyone here should be rooting for UNI to eat WDW's lunch. You can value engineer something when you feel like there's no...

It's death by 1,000 cuts / what point you notice the cumulative change. When you're talking about a very basic Disney vacation for a family of four - flights, moderate resort, dinner and a couple breakfasts on property, tickets and merch, the cost is creeping towards $10K. When you're talking...

I think the Fed is going to hike us into a deep recession by the end of 2023 to try and get inflation under control. When you have stagflation, that's an environment to get people to reconsider their discretionary purchases if I've ever seen one. If that happens, Chapek's current plans could...

Sad, but not surprising. Like all large corporate value engineers, Chapek is betting on the brand. He thinks the brand is so strong that it will sell tickets despite massive price increases. He thinks the brand is strong enough that reduced quality and service won't stop people from coming...

Love it! Been hoping for this since Hatbox Ghost was supposed to be featured in Guillermo del Toro’s movie that never made it

I couldn't have come up with a less inspired name if I tried

Pain.

Nope. Corporations are generally cowardly and try to avoid controversy because it's bad for business (or seek controversy when they think it's good for business). Disney's initial statement was in response to the backlash regarding their silence. Chapek thought that he could appease the group...

Again, we will find out if dissolving RCID in this manner is constitutional or not. By dissolving it, they're removing a privilege, they're not infringing on a right available to others. And it's within their power to do so as of today. If it holds up in court then yes, it works both ways. I'm...

If it's unconstitutional, we'll find out well before it's actually enacted (and that's a good thing). DeSantis was JAG lawyer. You'd assume he'd know whether this is unconstitutional or not before pursuing it. But I'm fine sitting back and waiting for the process to play out as people much...

Yes it does. If voters don't like the actions of their politicians, they can remove them. Disney is able to wade into political waters and take sides on an issue. Politicians are able to revoke special privileges given to corporations they no longer feel are neutral. The issue isn't whether...

Executives using their corporation's economic power to attack a person or entity who has an opposing view is inherently wrong in a democracy. Their power only exists because the board and shareholders elected them. Their job is to serve. This is not me arguing against the point you're making...

That's correct. Corporations are also expected to make decisions in the best interests of their shareholders. This is why, generally, when a corporation engages in political speech, it's related to an issue that directly impacts their company and you don't see this kind of uproar. Here...

Disney went out of its way to involve itself in a political issue that didn't directly impact its business and attempted to use its power and influence to pressure the politicians who passed it. The politicians are now using their power and influence to strip Disney of a special privilege that...

I'm still amazed that it has gotten this far. Chapek has managed this whole thing like an absolute fool... which isn't a surprise to most of us here but it's still wild to watch this all unfold. Especially when everything that's transpired has been completely avoidable.

Why does all entertainment have to be political? The entertainment industry may currently be operating that way but that doesn’t have to be the case... and quite frankly, people are getting tired of it. There’s a big difference between a film having a light-hearted moral and being overtly...

Except they're not being inclusive here. Playing politics always means taking a side. The response to a call to political action simply should've been to state that The Walt Disney Company provides family entertainment for everyone and all are welcome. By being "inclusive" to the political...