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

Trauma

Well-Known Member
With such a horribly mismanaged company it’s hard to set a buy target for this.

I guess I would feel comfortable at anything under $70.

Company of course has a huge upside if better leadership takes over.
 

MisterPenguin

President of Animal Kingdom
Premium Member
Hey Disney, You're dragging down my total market ETFs
Ya sure it's Disney's fault? ;)

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Sir_Cliff

Well-Known Member
I'll never quite understand Disney fans complaining Iger is a soulless, money grubbing executive who puts short-term profits above all else and has thus ruined the parks, then using Wall Street investors as a barometer for whether he's making the right moves. This kind of obsession with stock prices and quarterly earning reports having to grow ever higher for all eternity is far more of a problem than Iger.
 

flynnibus

Premium Member
I'll never quite understand Disney fans complaining Iger is a soulless, money grubbing executive who puts short-term profits above all else and has thus ruined the parks, then using Wall Street investors as a barometer for whether he's making the right moves

Well… they could say he’s doing the market focused/motivate moves…. But still failing to achieve market success…
 

Basil of Baker Street

Well-Known Member
I'll never quite understand Disney fans complaining Iger is a soulless, money grubbing executive who puts short-term profits above all else and has thus ruined the parks, then using Wall Street investors as a barometer for whether he's making the right moves. This kind of obsession with stock prices and quarterly earning reports having to grow ever higher for all eternity is far more of a problem than Iger.
Fun Fact. He's ruining the parks AND failing the investors.
 

EricsBiscuit

Well-Known Member
I'll never quite understand Disney fans complaining Iger is a soulless, money grubbing executive who puts short-term profits above all else and has thus ruined the parks, then using Wall Street investors as a barometer for whether he's making the right moves. This kind of obsession with stock prices and quarterly earning reports having to grow ever higher for all eternity is far more of a problem than Iger.
Delivering on a positive guest experience and positive stock market returns are NOT mutually exclusive. The danger is when ownership becomes inactive and fails to keep management accountable.
 

peng

Well-Known Member
Getting the NBA rights is good, it pays for itself (even though ESPN's NBA presentation is awful), losing the rights would cost Disney billions in revenue. It would be a big red flag if they didn't get the rights, as Zaslav failed to get it for WB Discovery and he's being dragged through the coals by the trades for it.
 

HauntedPirate

Park nostalgist
Premium Member
Getting the NBA rights is good, it pays for itself (even though ESPN's NBA presentation is awful), losing the rights would cost Disney billions in revenue. It would be a big red flag if they didn't get the rights, as Zaslav failed to get it for WB Discovery and he's being dragged through the coals by the trades for it.

How does it pay for itself? Ad revenue? They're getting that regardless. It's not driving enough new ESPN+ subscribers to offset the costs. NBA Finals viewership has been at 15-year lows post-Covid. Prime time games average 1.6 million viewers per game. Genuinely curious how this pays for itself year after year.

And we'll see what happens with WB. They claim to have matched Amazon's offer but the NBA is rejecting it. It could end up in court.
 

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