Bob Iger Bans Top Analyst and His Firm

[peter11435]

It's ironic how much wdw1974 rants and complains about Iger trying to control the narrative and silence those who disagree or dislike him. That's exactly what wdw1974 does in his threads. If someone disagrees with him he tells them to go away and calls them names. I realize there's a huge difference between it coming from the CEO of a multi billion dollar corporation and it coming from a random nameless poster on the Internet. But really, they both act like children.

 

[BrerJon]

It's ironic how much wdw1974 rants and complains about Iger trying to control the narrative and silence those who disagree or dislike him. That's exactly what wdw1974 does in his threads. If someone disagrees with him he tells them to go away and calls them names.

I haven't seen any disagreements, anyone arguing with why it's not a bad thing that Iger's trying to throw analysts off the scent. The only critical comments aren't commenting on the substance, just of the 'leave Bob alone!' variety, people who can just as easily not read the thread if they dislike it that much.

 

[Crazydisneyfanluke]

I agree to a point. Media corporations are generally interested in raitings and return on investment. Sadly very fewer and fewer are interested in public service.

Like frontier?

 

[LAKid53]

If this ends as badly as it could, those aspirations will be going down the toilet.

I can't EEK! this idea enough. Someone, please, find him a sports team to **** up. Just don't let it be the Dodgers or Rams, please.

 

[ParentsOf4]

Rich Greenfield is the analyst Iger was unhappy with during a December 21, 2015 interview on Bloomberg TV.

When asked:

But still an analyst came out with a report that expressed some skepticism involving ESPN in large part. I wonder what your reaction to that report has been.​

Iger answered with:

Well, I was curious or suspicious about the timing. If anybody wanted headlines the time to do it was the morning after "Star Wars" opened in the United States. And so it was headline grabbing. The analyst who came out with that report has been wrong about us on a number of occasions. And so one would have to question if he's been wrong so often before, you know, how valid were his comments this time around. And by the way, he's entitled to his opinions.

And the other thing I would say is I don't know where the accountability is. I don't know when he's wrong; I don't know who he's accountable for. But nothing has changed and we've got nothing to update since our last filing and our last earnings call regarding ESPN. So again, he's entitled to his opinions.​

On the day of the Bloomberg interview, Disney stock closed at $106.59.

Rich Greenfield had predicted the Friday before that Disney stock would fall to $90/share.

Disney stock closed at $88.85 on February 10, 2016.

I guess Iger doesn't like it when an analyst gets it right.

 

[EPCOTCenterLover]

Sounds to me like Iger is a bully.

 

[thehowiet]

Rich Greenfield is the analyst Iger was unhappy with during a December 21, 2015 interview on Bloomberg TV.

When asked:

But still an analyst came out with a report that expressed some skepticism involving ESPN in large part. I wonder what your reaction to that report has been.​

Iger answered with:

Well, I was curious or suspicious about the timing. If anybody wanted headlines the time to do it was the morning after "Star Wars" opened in the United States. And so it was headline grabbing. The analyst who came out with that report has been wrong about us on a number of occasions. And so one would have to question if he's been wrong so often before, you know, how valid were his comments this time around. And by the way, he's entitled to his opinions.

And the other thing I would say is I don't know where the accountability is. I don't know when he's wrong; I don't know who he's accountable for. But nothing has changed and we've got nothing to update since our last filing and our last earnings call regarding ESPN. So again, he's entitled to his opinions.​

On the day of the Bloomberg interview, Disney stock closed at $106.59.

Rich Greenfield had predicted the Friday before that Disney stock would fall to $90/share.

Disney stock closed at $88.85 on February 10, 2016.

I guess Iger doesn't like it when an analyst gets it right.

Your last point was probably my favorite.

Any ideas where this goes from here? I'm just curious if this ends up dying quickly, or if this becomes a bigger story.

 

[xdan0920]

So this guy (who has a speckled reputation if you even take a cursory look) is the ONLY person in the world that can properly cover Disney?

He might be the least respected "analyst" in the the industry. He is more of a self promoter then a true financial analyst.

In reading the original cited article, Greenfield doesn't come off well at all himself. To me, there is probably two sides to the story and Greenfield's complaints are tempered by possible legit criticism of him by Disney. It's interesting that the cited article starts off referring to Greenfield as controversial. Did a quick scan of his name and came up with this article that suggests that a lot of media companies have a beef with Greenfield.

Quoting this because people should read the article you linked before screaming conspiracy at the top of their lungs. The guy is not exactly Warren Buffet. Greenfield, by the way, stands to make money on every thing he recommends.

Your last point was probably my favorite.

Any ideas where this goes from here? I'm just curious if this ends up dying quickly, or if this becomes a bigger story.

Nowhere. People don't take Greenfield seriously. Here look the Wall Street Journal banned him too...

"The Wall Street Journal banned him from being quoted because, a WSJ reporter points out, his efforts to be quoted became such a bother."

 

[Siren]

I won't disagree with you. BUT. I'm not the one posting numerous threads about how awful Iger is for trying to prevent negative comments about himself and Disney.

I totally agree. But, *you* are posting numerous comments about how awful Mr. Spirit is for things that happened like *years* ago.

And, I don't see where he has tried to stifle negative comments in this thread. If anything he was encouraging people to discuss the topic.

You definitely have a grudge against him. But, I can finally see now that it is not malicious, it's just hilarious. And, I do enjoy the banter between you and Mr. Spirit -- it reminds me of that sheepdog and coyote cartoon. I just can't believe I fell for it, though. Ugh. Good Night, Peter!

 

[matt9112]

i just want to say @WDW1974 @wdwmagic that threads like this really put into prospective how much better wdwmagic is than the web of disney fan sites.....sure we discuss the regular stuff like anyone else but threads like this the deep thought and discussion that simply isnt available anywhere else. it is a really good community.

 

[doctornick]

Sounds to me like Iger is a bully.

And it sound like Greenfield is an attention . I don't think either side in this dispute has much to be proud of.

 

[thehowiet]

It's not about me. It's about him. I pointed out his hypocrisy because I think someone needed to.

Your actions are based on what you think, so therefore, this is about you. It's about your perception of another person's actions and your need to point out what you see as hypocrisy.

Also, if in your world the alleged actions of the CEO discussed in this thread are equal to the actions of a poster on a Disney message board, then you and I live in very different worlds.

Great. If people choose to stick their heads in the sand and blindly follow that's on them.

If you truly believed that statement you wouldn't be posting incessantly to fulfill your individual needs.

 

[peter11435]

Your actions are based on what you think, so therefore, this is about you. It's about your perception of another person's actions and your need to point out what you see as hypocrisy.

Also, if in your world the alleged actions of the CEO discussed in this thread are equal to the actions of a poster on a Disney message board, then you and I live in very different worlds.


If you truly believed that statement you wouldn't be posting incessantly to fulfill your individual needs.

I very clearly stated in my original post that there is a huge difference between a CEO and a nobody (sorry spirit) on the Internet.

 

[Phil12]

But your second point is 100% accurate. If Iger had/has a problem with Rich Greenfield (who I know is highly -- highly -- respected), then he answers the criticism with valid answers and his stock price/results. And, yes, nothing wrong with taking a little shot on an earnings call.

He might be the least respected "analyst" in the the industry. He is more of a self promoter then a true financial analyst.



Quoting this because people should read the article you linked before screaming conspiracy at the top of their lungs. The guy is not exactly Warren Buffet. Greenfield, by the way, stands to make money on every thing he recommends.



Nowhere. People don't take Greenfield seriously. Here look the Wall Street Journal banned him too...

"The Wall Street Journal banned him from being quoted because, a WSJ reporter points out, his efforts to be quoted became such a bother."

But, but Spirit says that Greenfield is highly respected:

But your second point is 100% accurate. If Iger had/has a problem with Rich Greenfield (who I know is highly -- highly -- respected), then he answers the criticism with valid answers and his stock price/results. And, yes, nothing wrong with taking a little shot on an earnings call.

After all, are we to believe the Spirit or the Wall Street Journal?

 

[PhotoDave219]

I wasn't even thinking about you when I wrote that.

There'll be time later

 

[xdan0920]

But, but Spirit says that Greenfield is highly respected:

FWIW, he's ranked 581 out of 3900 analysts on Tipranks (aggregates analysts ratings) So, if highly respected means just being in the top 600, I guess he's highly respected. Taking away the bit that he's a shameless self promoter.

 

[Phil12]

FWIW, he's ranked 581 out of 3900 analysts on Tipranks (aggregates analysts ratings) So, if highly respected means just being in the top 600, I guess he's highly respected. Taking away the bit that he's a shameless self promoter.

Sounds as if he and the OP have a lot in common.

 

[Siren]

Can I just ask why you are churning out new threads almost daily now @WDW1974? Threads filled with content that more often than not belongs in the finance section? I get it, you love attention. You crave it. But it's getting to the point where your threads are clogging up and i've long lost respect for you with your daily conspiracies.

Any actual inside info you may actually have on the PARKS isn't even worth looking through as your threads have become insufferable reads.

Not for me, I totally enjoy reading them. Your post is way too harsh. It's totally *unreasonable* to expect ground breaking news about Disney *every* single day. News is news and people just love to read and discuss it.

Rich Greenfield on Twitter said:
Dear @Disney Investors:

We Are Disappointed in Management’s Behavior

$DIS @WaltDisneyCo

http://www.btigresearch.com/2016/06...-we-are-disappointed-in-managements-behavior/
https://twitter.com/RichBTIG/status/741277219935379457

Hugo Martin on Twitter said:
@RichBTIG @Disney @WaltDisneyCo It sucks to be frozen out.
https://twitter.com/hugomartin/status/741389801530609664

Then he should be more mindful of what he says. He can't call Disney's CEO a *liar* and then demand that Disney fly him out to Shanghai Disney for their Grand Opening and invite him to all their spectacular parties. For what?

If he doesn't want to be Frozen out forever than next time he better play nice.

 

[PhotoDave219]

It just looks like Bobby has learned from the CCP.

Any dissent or questioning will be met with sharp and swift reprisals.

 

[Siren]

Bob Iger learned this from the Fashion Industry. It is common practice for Fashion Designers to ban magazine editors or anyone who criticizes their fashion and/or the models.

“Former New York Times critic Cathy Horyn was banned from Carolina Herrera and Dolce & Gabbana fashion shows because her criticism was found ‘slanderous.’

Robin Givhan, the Washington Post's fashion critic, lost her front row seat at Chanel after criticizing Karl Lagerfeld.”

And, I think it is safe to assume that we all know Horyn’s tale with Hedi Slimane – the fact that she was banned from Slimane’s Saint Laurent debut, the nasty open letter the designer wrote to her, etc.

So, in addition to holding advertising revenue over the heads of journalists’ bosses (who then shut down stories or issue guidance regarding acceptable “reporting”), fashion industry big guns also use retaliation to ward off bad reviews and bad press."

If there's nothing to talk about, don't post anything. Unless it pertains to news or rumors pertaining to WDW.

The Disneyland and Universal sections of this site never see this crap.

Then why aren't you over there posting if it's so great? The fact that you are here posting in this thread makes you sound like a hypocrite. With that said, I don't think you are a hypocrite -- just realize that your *actions* speak louder than words.