News Bob Iger is back! Chapek is out!!

[hopemax]

I really don't understand this - or even the fact that they don't have the option to SIGN IN to your D+ account on the in-room TV's. I mean, almost all hotels now have the ability for you to sign into your nextflix account or other service. Why wouldn't disney have the same thing, even if it was only for D+?

Because no matter how many times a Disney exec says "synergy machine" they don't actually understand it.

This is the type of plussing, that Disney has been eliminating or monetizing for the last decade or such. There are costs associated with even minor stuff like this (programmers, equipment) for some department to pay while there is constant pressure to tighten the budgetary belt. Would this be a P&R cost or a D+ cost? Second, could you just imagine if even a fraction of guests used their checkout day to stay in the room and watch D+ content they could be watching at home, instead of heading to a character breakfast, a few hours in the park, Disney Springs. Not to mention the stress for the spread-to-thin housekeeping staff to turn over rooms. The number of posts of people complaining about the knocks they get from housekeeping in the mornings is already noticeable.

This isn't the same company that had some understanding of the holistic benefits of free copies of Disney magazine in a hotel room, that might generate some magazine subs, or when a park would run a parade themed to the summer animation release. In the current structure, P&R doesn't benefit by driving a tiny increase in D+ subs. D+ doesn't benefit by improving the P&R experience for guests. These divisions, in the trenches, are more in competition with each other than allies. If there isn't a clear revenue positive outcome, it doesn't happen.

 

[hopemax]

You can’t go to the movies if your locked in your home.

Something people really need to consider when they are predicting China's box office numbers...

 

[Sirwalterraleigh]

Boy…they’re really running the dumper over Slaphead now, aren’t they?

 

[Smiley/OCD]

Disney ditching the strategy of smaller budget, adult films and going all franchise/tent pole is what led to a series of expensive box office bombs like John Carter, Lone Ranger, Nutcracker and the Four Realms, and more. Marvel has been propping up the studio division more than anything else since.

The Proposal (2009) was a Touchstone release and a box office smash, grossing over $300 million worldwide on a $40 million budget.

Iger looked at that and felt franchises were better because of sequel and merchandise potential...forgetting the need for movies to make back their money in ticket sales first.

The last great thing that was done under the Hollywood banner was when the record label signed Queen and reissued their albums that weren’t available in the US for years.

 

[Patcheslee]

Boy…they’re really running the dumper over Slaphead now, aren’t they?

Seems like now that he's out people feel they can publicly air the dirty laundry without negative impacts to the business.

 

[flynnibus]

Don't 100% understand the legalities but here's the article that cam across my Google this morning.

because the reporter conveniently flips between references non-stop in that article creating even more confusion. It doesn't prevent providers from providing Live TV and forcing price increases on everyone.. it forces it if they want OTHER Disney bundled channels in their lineup.

Their argument is predicated on the concept that ESPN is so popular, providers can't afford to be without it, but because of that, they are subject to Disney setting prices on content that must include ESPN and in turn raise their own prices.

So... they don't like Disney forcing them to pay ESPN prices, but play along because they say they can't NOT have ESPN

But it's complicated because of contract terms Disney forces like saying ESPN must be part of the base package... if they carry ESPN.

 

[Casper Gutman]

I also heard that Mr. Iger wanted to give every guest a puppy and build a whole land based on Figment with seven E-Tickets while Mr. Chapek wanted to hold guests' heads in the toilet and replace the corporate mascot Mickey Mouse with a handful of rancid mayonnaise.

Source: Mr. Iger

 

[Casper Gutman]

Seems like now that he's out people feel they can publicly air the dirty laundry without negative impacts to the business.

Or that they need to manufacture some dirty laundry to justify an incredibly unusual sequence of events that makes the company appear panicky and unstable.

One or the other.

 

[Brer Oswald]

Boy…they’re really running the dumper over Slaphead now, aren’t they?

Nobody could have predicted this. Certainly not that Snyder character who wrote that 2019 exposé on Iger and Chapek.

 

[SirLink]

Boy…they’re really running the dumper over Slaphead now, aren’t they?

Aye shame we can't do it with The Weatherman

 

[Chip Chipperson]

IF that's true, then Chapek really comes off looking like a giant d-bag. Complaining that he had to wait to lay off employees until the CARES Act passed so that the impacted employees would have some financial assistance??? How greedy and short-sighted can someone be? It's not like those extra weeks if salary were going to bankrupt the company. Rather than complaining g about being undermined, he should have been grateful that he didn't look like an even bigger a-hole right out of the gate. That doesn't absolve Iger of his sudden disappearing act as the crap hit the fan, but it does show how uncaring and out of touch Chapek is.

 

[el_super]

Seems like now that he's out people feel they can publicly air the dirty laundry without negative impacts to the business.

Slightly more to it: The reason this is being allowed is a perceived positive impact to the business in painting Iger as a savior.

 

[mf1972]

since the news broke the other day, it reminds me of this..

now let’s hope for the love of god chapek doesn’t come back as a clone in a few years

 

[el_super]

since the news broke the other day, it reminds me of this..

Wait so if Iger came back from the dead, does that mean Darth Vader is actually Chapek here?

 

[CaptainAmerica]

IF that's true, then Chapek really comes off looking like a giant d-bag. Complaining that he had to wait to lay off employees until the CARES Act passed so that the impacted employees would have some financial assistance??? How greedy and short-sighted can someone be? It's not like those extra weeks if salary were going to bankrupt the company. Rather than complaining g about being undermined, he should have been grateful that he didn't look like an even bigger a-hole right out of the gate. That doesn't absolve Iger of his sudden disappearing act as the crap hit the fan, but it does show how uncaring and out of touch Chapek is.

Give me a break. This article was clearly written by Schmob Schmiger.

 

[mightynine]

Netflix has to report their quarterly profit/loss, just like Disney. They were severely punished earlier this year by Wall Street for missing financial goals. This is what turned Wall Street against all the streamers. They're not looking at subs any more, but the streamers' profit/loss. And that's what hurt Disney this past quarter. Even though its streamers are growing with subs at a good rate, it had a huge loss in the quarter, which, theoretically, was supposed to be its peak loss anyway, but, the sheer quantity of the loss shocked Wall Street.

Well, I was talking more about a show’s performance over company performance. Like Stranger Things reached X amount of streams or something to be number one this week.

Basically, there’s no industry standard like Nielsen ratings right now for streaming exclusive shows was my point. If Netflix had established one with a third-party at some point, we might have one today.

 

[CaptainAmerica]

Well, I was talking more about a show’s performance over company performance. Like Stranger Things reached X amount of streams or something to be number one this week.

Basically, there’s no industry standard like Nielsen ratings right now for streaming exclusive shows was my point. If Netflix had established one with a third-party at some point, we might have one today.

Nielsen measures some streaming.

I don't think I can say any more than that.

 

[Cliff]

No, they don't. They all report their streamer numbers in their quarterlies because Wall Street would get very nervous and punish them for hiding that.

Disney was always advertising their sub numbers, until last year when Chapek decided they'd stop. But that lasted one quarter. They went back to reporting their sub numbers.

It's not just sub numbers. It's more about eyeballs "actually" watching, who they are and where they are. They will ask for how many people actually "saw" their add and how many clicked away before it started...etc. Disney will need to give the add agencies all that data to negotiate rates. You can claim you have a trillion subs. What they need to do is give "actual" and "real" viewer metrics.

Subscriber numbers tell you almost nothing at all.

 

[MerlinTheGoat]

I also heard that Mr. Iger wanted to give every guest a puppy and build a whole land based on Figment with seven E-Tickets while Mr. Chapek wanted to hold guests' heads in the toilet and replace the corporate mascot Mickey Mouse with a handful of rancid mayonnaise.

Source: Mr. Iger

Yeah, i'm calling BS on all of this. Anyone who has a memory longer than your average goldfish will know that Iger has never cared about the well being of employees. And that his go-to solution for dealing with financial issues is to conduct aggressive price hikes and upcharge schemes.

Remember that time when several hundred US workers at Disney's IT department were abruptly fired and forced to train lower paid H-1B replacements?

Ex-Disney IT workers sue after being asked to train their own H-1B replacements

Anger at Disney over last year’s hiring of foreign IT workers won’t relent.

arstechnica.com

Not to mention the layoffs and price hikes that came as a result of the financial problems surrounding Shanghai Disneyland. The expense and controversies of which no one needs any reminder of.

 

[CaptainAmerica]

Yeah, i'm calling BS on all of this. Anyone who has a memory longer than your average goldfish will know that Iger has never cared about the well being of employees. And that his go-to solution for dealing with financial issues is to conduct aggressive price hikes and upcharge schemes.

Remember that time when several hundred US workers at Disney's IT department were abruptly fired and forced to train lower paid H-1B replacements?

Ex-Disney IT workers sue after being asked to train their own H-1B replacements

Anger at Disney over last year’s hiring of foreign IT workers won’t relent.

arstechnica.com

That story was misreported from the beginning.