News Bob Iger is back! Chapek is out!!

[note2001]

LOL!

Then there's this:

"Yet evidence suggests that ‘boomerang CEOs’ might constrain a company’s growth. A study published in the MIT Sloan Management Review in 2020 found that companies that brought back a former CEO have "significantly lower" stock performance than firms that brought in someone new.

The study, led by researchers at the Univeristy of North Carolina at Chapel Hill and Marquette University, found that these negative effects were magnified when the company brought back a former founder."

Bob Iger joins ranks of 'Boomerang CEOs' with return to Disney

Yet one study suggests companies that bring back old CEOs do worse than firms that hire someone new.

fortune.com

Does this make Iger a boomerang boomer? Just want to use the right term.

 

[OrlandoRising]

Unless the board viewed, rightfully so, that Chapek was killing their golden goose...

Boards mostly exist to think mid to long term for the company. It's very clear from the official statements that they saw the direction Chapek was heading and knew that it was not good for the parks or their brand.

They don't even mention the parks in their official statements, what are you talking about?

I know this board is all about the parks, but let's not get delusional. Just because you wanted Chapek ousted doesn't mean your reasoning is the same as the Disney board's.

 

[CaptainAmerica]

 

[Tha Realest]

I met a traveler from an antique land
Who said: Two vast and trunkless legs of stone
Stand in the desert. Near them, on the sand,
Half sunk, a shattered visage lies, whose frown,
And wrinkled lip, and sneer of cold command,
Tell that its sculptor well those passions read
Which yet survive, stamped on these lifeless things,
The hand that mocked them and the heart that fed:
And on the pedestal these words appear:
"Synergy machine."

 

[HauntedPirate]

Why wait?

The current Disney is the Disney Iger built.

I'm curious - is there one, single, solitary element of the parks that can be attributed to Chapek without any involvement from Iger?

HARModious?

 

[CaptainAmerica]

I met a traveler from an antique land
Who said: Two vast and trunkless legs of stone
Stand in the desert. Near them, on the sand,
Half sunk, a shattered visage lies, whose frown,
And wrinkled lip, and sneer of cold command,
Tell that its sculptor well those passions read
Which yet survive, stamped on these lifeless things,
The hand that mocked them and the heart that fed:
And on the pedestal these words appear:
"Synergy machine."

1. LMAO, but;

2. Here's the thing. "Synergy machine" was always part of Disney. It's just that Iger had the sense to not say it out loud. His main deviations from Chapek are all style, not substance.

 

[phillip9698]

The MCU is dying. Compare box office numbers to 6 years ago. Costs to bake the movies is way up, revenue is way down. They've lost the script, there is no coherent big storyline tying anything together.

They own the Fantastic 4 and Xmen and have done next to nothing with them so this situation can be easily salvaged.

Expect a huge return to massive MCU box office numbers in a few years.

6 years ago they were pulling in box office numbers of 500 million, 1.1 billion, 600 million, 800 million, etc... They didnt hit the 2 billion numbers until the culmination of a cinematic event people were waiting their entire lives to see.

1 year ago Spiderman hit 1.9 billion, 6 months ago Dr. Strange was at 950 million, 4 months ago Thor hit 750 million. I expect Black Panther to hit 1 billion. The narrative that the MCU is dying is far from true.

 

[The Colonel]

I met a traveler from an antique land
Who said: Two vast and trunkless legs of stone
Stand in the desert. Near them, on the sand,
Half sunk, a shattered visage lies, whose frown,
And wrinkled lip, and sneer of cold command,
Tell that its sculptor well those passions read
Which yet survive, stamped on these lifeless things,
The hand that mocked them and the heart that fed:
And on the pedestal these words appear:
"Synergy machine."

Now that actually may be a bit too dramatic.

 

[Tha Realest]

Why wait?

The current Disney is the Disney Iger built.

I'm curious - is there one, single, solitary element of the parks that can be attributed to Chapek without any involvement from Iger?

You cannot separate the two. Chapek was not there long enough to put his mark on anything other than monetizing the parks (which are doing exceptionally well). To the extent various entertainment divisions are putting out duds (MCU films, no new SW films, underperforming animation) those heads were in place since Iger's tenure.

 

[Casper Gutman]

Marvel is making box office hits out of D-listers like Shang Chi. Dr Strange: Multiverse of Madness outperformed the original by a significant amount. No Way Home smashed records. The D+ shows have been consistently strong and racked up Emmy noms. In twenty-some films they’ve had one real disappointment, Eternals. The MCU remains the most consistent franchise in pop culture history by such an extraordinary margin that the comparison to any other IPs is absurd.

Yet people want to declare the MCU is failing. They’ve been trying to do this since a few years after it began. A lot of it, I think, is that the MCUs success is SO unprecedented, people can’t believe it can continue, even as it roles into its fifteenth year.

PS: What Phillip said.

 

[CaptainAmerica]

Marvel is making box office hits out of D-listers like Shang Chi. Dr Strange: Multiverse of Madness outperformed the original by a significant amount. No Way Home smashed records. The D+ shows have been consistently strong and racked up Emmy noms. In twenty-some films they’ve had one real disappointment, Eternals. The MCU remains the most consistent franchise in pop culture history by such an extraordinary margin that the comparison to any other IPs is absurd.

Yet people want to declare the MCU is failing. They’ve been trying to do this since a few years after it began. A lot of it, I think, is that the MCUs success is SO unprecedented, people can’t believe it can continue, even as it roles into its fifteenth year.

PS: What Phillip said.

A lot of that is fair, but She-Hulk is legitimately terrible. And a lot of people assume (wrongly) that Ms. Marvel is terrible.

 

[Brer Panther]

Good riddance to Chapek, but having Iger take over again isn't much better.

What? No it didn't. Chapek became CEO February 2020.

Didn't Iger come back around... April, was it? May? At some point in 2020 before the Splash Mountain retheme was greenlit, don't remember the specific date.

Pixar is in worse shape than WDAS. They haven't had a homerun since 2017 no matter how much they try to convince us that Soul is something we should care about.

...I personally liked Luca, Onward, and Lightyear.

 

[el_super]

Just read the note that Wall Street is hoping Iger brings some of that parks strategy to Disney+:

Nathanson then outlined possible changes under Iger. “We would hope and expect that Mr. Iger examines the investment plans at Disney+ and re-focuses their investment on areas of franchise strength and away from broader general entertainment content,” he wrote. “In other words, Disney+, and Disney’s shareholders, could probably do better with fewer end-state subscribers made up of super fans willing to pay high revenue per user, which would generate much higher margins.”

 

[CastAStone]

Good riddance to Chapek, but having Iger take over again isn't much better.

Didn't Iger come back around... April, was it? May? At some point in 2020 before the Splash Mountain retheme was greenlit, don't remember the specific date.

...I personally liked Luca, Onward, and Lightyear.

Luca was Disney and/or Pixar’s best animated film since Moana

 

[HMF]

Luca was Disney/Pixar’s best animated film since Moana

Moana wasn't Pixar.

 

[Casper Gutman]

A lot of that is fair, but She-Hulk is legitimately terrible. And a lot of people assume (wrongly) that Ms. Marvel is terrible.

I thought the comic rhythms of She-Hulk were off and the writing wasn’t strong enough, but it was a perfect translation of the source and Maslany was great. It’s problems could be fixed in a second season. It was also the only D+ series I consider a swing-and-miss (Well, Winter Soldier, but that was absolutely destroyed by Covid in multiple ways and still had some strong elements.)

 

[Cmdr_Crimson]

This just tells us we should stop watching CNBC and start taking investment advice from Adam The Woo

Yep, just him and his friggin bragging rights living in celebration, buying more dvc and stocks, drinking hot caffinatted beverages and yet still can't get into Universal Orlando..

 

[CastAStone]

Moana wasn't Pixar.

Correct that’s why I put both in. Here I clarified it so no one could misunderstand.

 

[Tom P.]

This just tells us we should stop watching CNBC and start taking investment advice from Adam The Woo

Does anyone else hear Adam the Woo's name said by Ric Flair in their head? No? Just me?

 

[CaptainAmerica]

I thought the comic rhythms of She-Hulk were off and the writing wasn’t strong enough, but it was a perfect translation of the source and Maslany was great. It’s problems could be fixed in a second season. It was also the only D+ series I consider a swing-and-miss (Well, Winter Soldier, but that was absolutely destroyed by Covid in multiple ways and still had some strong elements.)

A yaaas queen fourth-wave feminist fable featuring internet fanboys as the primary antagonist is an unforgivable premise when your job is to sell content to internet fanboys.