News Bob Iger is back! Chapek is out!!

[Goofyernmost]

Yes, but Wall Street doesn't care about that. In fact, the idea of a budgeting czar for their studios is something they'd applaud.

There are two Wall Streets one is the group of high rollers that actually do the work of Wall Street in the form of how they like to see things happen and there is also the Wall Street that is made up of many small investors, especially with Disney. They are the ones that started to show that they were getting cautious about investing in the crap show that currently is Disney because they are investing for the future not for the immediate gain. Most are not even putting profit in there pockets because they are wanting value to continue to increase and give them a feeling of security that the value will still be there when they need it. Sure the big guys can play the game without fear of losing their future but that is not the general public that might buy Shares in Disney just to say they own part of it and those that want their money to be invested in something long term.

The idea that you can continue to bleed the rich for more and more money is strictly a dream. Most didn't get wealthy by being stupid. They can and do think down the road at the sustainability. The wealthy are very fickle when it comes to their personal entertainment and it's value to them. There are places and things all over the world far more exciting and prestigious then going to a park whose main attraction is a fictitious cartoon mouse.

 

[fgmnt]

Eddie Sotto tweeted they should bring back and prep Matt Ouimet.

Guy is way too smart (effectively retired before 65) and not someone they would go for. They need a relatively young but level headed and smoothly operating Hollywood executive that at least understands the value of the parks product.

 

[Goofyernmost]

Unfortunately facts can be distorted to favor either political side. Your comment above is distorted and political, if you can not see that then this is an example of why it does not belong in this thread.

Then don't read it!

 

[Dan Deesnee]

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.

Wakanda Forever fell off a cliff on it's second weekend with a 64% drop. These larger than usual 2nd weekend drops are new for the MCU. Wakanda won't make anywhere close to what Black Panther made. Production costs are up, box office numbers are down. These are facts.

For example, Thor Ragnarok is generally very well liked, yet Love and Thunder, it's sequel, cost 70 million more and made 80 million less. Not a good sign.

I'm not sure how much of the MCU success is owed to Iger though. Marvel fatigue is a real thing.

 

[Tom P.]

Do we know what Iger's new compensation package looks like?

 

[DCLcruiser]

Do we know what Iger's new compensation package looks like?

If he is smart, considering what's going on, $1 and a load of stock options that vest based on hurdles.

 

[BobPar]

That's not what the reports are saying today... they are saying it started FRIDAY

report being right or wrong noone will ever know but i hope we dont believe everything told to us

 

[Cmdr_Crimson]

Iger’s coming back to a company where the books are a complete mess. I don’t feel that Parks have been the cause of this given their profits and revenue. But let’s play Fantasy CEO a for a moment. Let’s say he does away with Genie+ and ILL and the like. Where do you make up the hundreds of millions in revenue shortfalls?

Reservation systen should be removed first and foremost as Universal and Sea World have been having better attendance after they had removed it when many of the Covid restrictions were lifted...

With Genie+ they keep pay per ride option after the first 3 free rides used..If you want to use it after the fourth then the pay option comes in..This is what should have been done IMO.

Oh and Parkhopping after 2 lifted...

 

[matt9112]

Do we know what Iger's new compensation package looks like?

Genie+ credits for life. Also unlimited light saber building for life. Oh and maybe a meteorologist spot once a year to make him feel good.

 

[Tha Realest]

Do we know what Iger's new compensation package looks like?

If he’s committed to his recent ventures, he’d be going the Aaron Rodgers and Trevor Lawrence route and insist on payment in NFTs and crypto.

 

[Sirwalterraleigh]

CNBC said that Chapek was only informed last night (presumably time enough to craft a statement on his exit) and that Iger was reached out to on Friday. Incredibly quick but this was clearly brewing with the Board for some time.

Iger and Arnold…backed by institutional Investors…arranged this.

Occam’s Razor

Let’s just accept and move on

 

[Heppenheimer]

Agree but i think for the 1st time they openly & loudly chose a side….

I'm not so sure about that.

Walt himself definitely chose sides in the early 50s, although given that the animators strike of 1941 almost killed the company, I can't exactly blame him.

 

[matt9112]

Reservation systen should be removed first and foremost as Universal and Sea World have been having better attendance after they had removed it when many of the Covid restrictions were lifted...

With Genie+ they keep pay per ride option after the first 3 free rides used..If you want to use it after the fourth then the pay option comes in..This is what should have been done IMO.

Oh and Parkhopping after 2 lifted...

But they don’t need more attendance is the line. Im not sure if it’s true or not they priced me out years ago but that’s what everyone has always said. PGS is way up isn’t it? Seaworld and universal have capacity to spare. The former is in a place where they will take anything. Disney according to what I read here is full?

 

[DLR92]

What a dream come true!

 

[jaxonp]

Wakanda Forever fell off a cliff on it's second weekend with a 64% drop. These larger than usual 2nd weekend drops are new for the MCU. Wakanda won't make anywhere close to what Black Panther made. Production costs are up, box office numbers are down. These are facts.

For example, Thor Ragnarok is generally very well liked, yet Love and Thunder, it's sequel, cost 70 million more and made 80 million less. Not a good sign.

I'm not sure how much of the MCU success is owed to Iger though. Marvel fatigue is a real thing.

These new marvel movies generally lack focus, aren’t as good, don’t have the star power the originals had and aren’t tying a clear story together like the first 20 films did lol.

Plus you have to be tied to Disney plus to know what the heck is going on. Marvel needs to figure it out and they need to figure it out quick.

Lucus film puts out a handful of films that all really did pretty well and they put a pause to their future while they reevaluated what they need/want to do.

Marvel needs to do the same?


And what has happened to Pixar?

 

[phillip9698]

Wakanda Forever fell off a cliff on it's second weekend with a 64% drop. These larger than usual 2nd weekend drops are new for the MCU. Wakanda won't make anywhere close to what Black Panther made. Production costs are up, box office numbers are down. These are facts.

For example, Thor Ragnarok is generally very well liked, yet Love and Thunder, it's sequel, cost 70 million more and made 80 million less. Not a good sign.

I'm not sure how much of the MCU success is owed to Iger though. Marvel fatigue is a real thing.

That will be due to the lack of a China release if anything.

These things go both ways. Its funny how the "facts" dont apply to Dr. Strange or Spiderman. Dr. Strange Multiverse of Madness made 300 million more than the original title. Spiderman No Way Home made 800 million more than its prequel.

Endgame and Infinity War are not the bar that the overall MCU needs to be held to.

 

[SteamboatJoe]

Reservation systen should be removed first and foremost as Universal and Sea World have been having better attendance after they had removed it when many of the Covid restrictions were lifted...

With Genie+ they keep pay per ride option after the first 3 free rides used..If you want to use it after the fourth then the pay option comes in..This is what should have been done IMO.

Oh and Parkhopping after 2 lifted...

Getting rid of both seems like easy, low hanging fruit to make amends since it doesn't seem like either of them would directly result in less revenue. I am sure ops likes them though.

 

[Tha Realest]

Iger and Arnold…backed by institutional Investors…arranged this.

Occam’s Razor

Let’s just accept and move on

Yesterday he told Arnold "I'll be back"

 

[monothingie]

Wakanda Forever fell off a cliff on it's second weekend with a 64% drop. These larger than usual 2nd weekend drops are new for the MCU. Wakanda won't make anywhere close to what Black Panther made. Production costs are up, box office numbers are down. These are facts.

For example, Thor Ragnarok is generally very well liked, yet Love and Thunder, it's sequel, cost 70 million more and made 80 million less. Not a good sign.

I'm not sure how much of the MCU success is owed to Iger though. Marvel fatigue is a real thing.

The movies make money and are profitable, I don't think anyone disputes that.

But they have mostly been running well below projections and underperforming compared to expectations.

 

[asianway]

Today would be a good day for a walk on by @WDW1974