News Bob Iger is back! Chapek is out!!

[Casper Gutman]

Oh, I’m not arguing that some movies have done well in post-pandemic theatrical releases. But bigger picture, movie theaters aren’t trending up. And ol‘ Iger might not know what to do about it, but at lease he isn’t in denial about the general direction of the business.

Wall Street and Hollywood bet everything on cinemas dying. They didn't, and have confounded expectations by being incredibly resilient in the post-pandemic environment. Iger is absolutely in denial - he's clinging to the previous groupthink-produced notion of a permanent, total shift away from movie theaters and towards streaming despite mounting evidence that that didn't happen. There's money at the cinema but the studios (outside of Paramount and, to a lesser extent, Universal) aren't grabbing it, instead continuing to dump feature films onto streaming services that are losing billions.

For feature films, streaming is a new post-cinema distribution model. Its essentially a replacement for DVDs. Its a big deal, but the kind of change Hollywood has experienced periodically in the past, not the unprecedented revolution Wall Street and Hollywood convinced themselves was happening, burning billions in the process.

 

[Skywise]

Come on, you can see a little chance for a new and improved Iger! Especially if he’s got to play the anti-Chapek and his political aspirations are over, right?

No, really, I don't. He'll do enough to save his own bacon but recapturing the company requires a top to bottom think that this weatherman is NOT capable of handling (though i'll be impressed if he does)

 

[TwilightZone]

I'll never understand the anger at the underlings whether it's D'Amaro or McCarthy (or even Feige for some strange reason).

What exactly did McCarthy do that deserves her being fired?

What did D'Amaro ever do -- that wasn't determined by his boss -- that deserved him being fired? You wanted him to stand up to Chapek and tell him he refuses to enact Genie+? He'd be immediately fired.

Tell me what they did, which wasn't foisted upon them, that deserves being fired.

They made *insert thing I don't like*!

 

[Disney Analyst]

 

[Sirwalterraleigh]

I'll never understand the anger at the underlings whether it's D'Amaro or McCarthy (or even Feige for some strange reason).

What exactly did McCarthy do that deserves her being fired?

What did D'Amaro ever do -- that wasn't determined by his boss -- that deserved him being fired? You wanted him to stand up to Chapek and tell him he refuses to enact Genie+? He'd be immediately fired.

Tell me what they did, which wasn't foisted upon them, that deserves being fired.

McCarthy says as many stupid things at chapek

(Ding dong, the is dead!)

And underlings get hate from fans because we have been trained that the ceo is untouchable

If they can out think a poodle

 

[_caleb]

No not in the Universe that's there now. What I appreciated about those series is how dark and adult oriented they were.

Yes, the Defenders series (Daredevil, Jessica Jones, Luke Cage, Iron Fist, and Punisher) were pretty good (well, except for Iron Fist), but those were not MCU. The Marvel Cinematic Universe refers to Disney-developed films and shows that all take place within the same continuity.

And, as @Casper Gutman mentioned above, they are slowly (and selectively) inducting versions of those characters (Charlie ’s Daredevil) into the MCU.

 

[MisterPenguin]

Wow... a whole 2 movies per year (and not good ones at that)... You don't DO massive movies on a streaming service that measures in WEEKS, let alone MONTHS before the attention span dissipates.

Well, first of all, you just ignored how wrong you were about the pace of what the animation studios did. You thought they got slower. They didn't. You were wrong.

And you have no idea how long it takes to create a feature animation at the level of Pixar or DAS. It can't be just sped up magically.

Disney had added new animation studios to create more content because good content can't be produced at the rate you're demanding.

 

[Skywise]

Wall Street and Hollywood bet everything on cinemas dying. They didn't, and have confounded expectations by being incredibly resilient in the post-pandemic environment. Iger is absolutely in denial - he's clinging to the previous groupthink-produced notion of a permanent, total shift away from movie theaters and towards streaming despite mounting evidence that that didn't happen. There's money at the cinema but the studios (outside of Paramount and, to a lesser extent, Universal) aren't grabbing it, instead continuing to dump feature films onto streaming services that are losing billions.

For feature films, streaming is a new post-cinema distribution model. Its essentially a replacement for DVDs. Its a big deal, but the kind of change Hollywood has experienced periodically in the past, not the unprecedented revolution Wall Street and Hollywood convinced themselves was happening, burning billions in the process.

Streaming services are already dead. People only use them because A> they were forced to because of the pandemic and b> they needed something to replace cable. Roku is floundering and that's the canary in the coalmine.

You're seeing a backlash of people WANTING to socialize and not be stuck in their homes anymore. Streaming is TV and Movies are not TV. Movies are an EXPERIENCE in a public auditorium and, while you have a somewhat captive audience with TV/Cable/Streaming - the bit money is still in Movies.

 

[Skywise]

Well, first of all, you just ignored how wrong you were about the pace of what the animation studios did. You thought they got slower. They didn't. You were wrong.

And you have no idea how long it takes to create a feature animation at the level of Pixar or DAS. It can't be just sped up magically.

Disney had added new animation studios to create more content because good content can't be produced at the rate you're demanding.

No, I ignored NOTHING - you're trying to equate a 2x doubling when you had 2 YEARS of eyeballs wanting 104 WEEKS of new content that didn't materialize and most of it wasn't that good.

And, yes, I'm well aware of how long it takes to create content. That they concentrated on mega-movies rather than cheaper monthly/series content was their failing over the pandemic.

But you don't understand THAT either.

MOVIES AREN'T STREAMING

 

[Sirwalterraleigh]

Wall Street and Hollywood bet everything on cinemas dying. They didn't, and have confounded expectations by being incredibly resilient in the post-pandemic environment. Iger is absolutely in denial - he's clinging to the previous groupthink-produced notion of a permanent, total shift away from movie theaters and towards streaming despite mounting evidence that that didn't happen. There's money at the cinema but the studios (outside of Paramount and, to a lesser extent, Universal) aren't grabbing it, instead continuing to dump feature films onto streaming services that are losing billions.

For feature films, streaming is a new post-cinema distribution model. Its essentially a replacement for DVDs. Its a big deal, but the kind of change Hollywood has experienced periodically in the past, not the unprecedented revolution Wall Street and Hollywood convinced themselves was happening, burning billions in the process.

You have a point

Did Wall Street really call BS on his baby, D+???

It was hinted…but just rumors.

Iger may be in a “put up or shut up” seat right now…it makes you consider he’s in trouble too?

The world economy isn’t really in the “mood” for promises and price increases now…

 

[MrPromey]

For $15 a month, I bought WDWMagic's Protection from /Ignore. You can't squelch me!!!

So THAT's why I still see your posts!

 

[Sirwalterraleigh]

Oh, I don't disagree that the parks have a capacity problem; that's public enemy number one, but the immediate issues, such as the ones I mentioned and how Chapek was going to address them, are why he's an awful leader.

Iger left money on the table, but Chapek was actively downing the company. Though you're right in pointing out that it's definitely not for most of the reasons people are complaining about here, but I think I addressed some of them (I've since edited to and added to my post).

You know me and I know you…

We usually aren’t pulling different directions

 

[Casper Gutman]

I love you guys so much and you’re really nice but the Netflix Marvel series were not MCU.

They were. The Invasion of New York from Avengers had taken place and was referenced, but only euphemistically, because these shows were totally serious. The widespread rebuilding it required is central to the conflict in Daredevil. Stan Lee showed up in each Netflix show - as a still image somewhere in the background. Both 's Daredevil and D'Onofrio's Kingpin are running around the modern films and series, the former in No Way Home and She-Hulk and the latter in Hawkeye.

 

[MisterPenguin]

Oh, that's cute. Someone who now owns .47% of the company wants to have a seat on the board!

 

[Indy_UK]

Oh…she’s gone.

This isn’t a one off move.

So is Daniel…and don’t be surprised is d’amaro goes too

Not sure who Daniel is.

Josh I hate to say will probably survive this and has probably already disappeared up Iger's Rear end

 

[kingdead]

Jim Cramer--who was ready to dump Chapek a few days ago--was also out there posting his support for Trian's Nelson Peltz to get his seat on the board. Takeover attempt?

 

[Sirwalterraleigh]

Not sure who Daniel is.

Josh I hate to say will probably survive this and has probably already disappeared up Iger's Rear end

Daniel was the Stanford pencil pusher who has bandied as chapeks “eventual successor” already.

Completely the wrong type.

D’amaro won’t be fired…he’ll be pushed out in a year or two.

Watch that one play

 

[_caleb]

Wall Street and Hollywood bet everything on cinemas dying. They didn't,

yet

and have confounded expectations by being incredibly resilient in the post-pandemic environment. Iger is absolutely in denial - he's clinging to the previous groupthink-produced notion of a permanent, total shift away from movie theaters and towards streaming despite mounting evidence that that didn't happen. There's money at the cinema but the studios (outside of Paramount and, to a lesser extent, Universal) aren't grabbing it, instead continuing to dump feature films onto streaming services that are losing billions.

and why do you think the studios are spooked about the traditional model?

For feature films, streaming is a new post-cinema distribution model. Its essentially a replacement for DVDs.

Not sure you get it. See, there was this global pandemic…

Its a big deal, but the kind of change Hollywood has experienced periodically in the past, not the unprecedented revolution Wall Street and Hollywood convinced themselves was happening, burning billions in the process.

Agree to disagree, I guess. I’m not convinced this year’s flashes in the pan are any indication that the generations-long downward trend is going to turn around.

 

[MisterPenguin]

Streaming services are already dead. People only use them because A> they were forced to because of the pandemic and b> they needed something to replace cable. Roku is floundering and that's the canary in the coalmine.

You're seeing a backlash of people WANTING to socialize and not be stuck in their homes anymore. Streaming is TV and Movies are not TV. Movies are an EXPERIENCE in a public auditorium and, while you have a somewhat captive audience with TV/Cable/Streaming - the bit money is still in Movies.

Wrong.

Cable companies are losing customers.

The number of people subscribing to streamers keeps growing.

In the last quarter Disney's streamers gained 14 million subs. Netflix gained 2 million. Paramount, +3 million. Peacock, +3 million. WBD, +3 million.

 

[Ghost93]

I love you guys so much and you’re really nice but the Netflix Marvel series were not MCU.

Eh, their status is unknown. When the Marvel Netflix series first came out, they WERE promoted as being part of the MCU.