Sirwalterraleigh
Premium Member
That was “old Bob” and “middle Bob”…wait until you see “new Bob” talk about how he loves his customers - by meeting their desires To have prices raised on them for old stuff
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News Bob Iger is back! Chapek is out!!
- Thread starter Disney4family
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Tha Realest
Well-Known Member
If you want to see a good example of pandering - to me, it's specifically calibrated to hit my nostalgia zones - check out the new Indiana Jones 5 trailer just released. THAT is a terrific example of pandering. (though IIRC the Crystal Skull trailer was well done too)
Absimilliard
Well-Known Member
Amazing post and great insight into the music business. I remember the golden era of the 1990s when every week, you'd have new songs from dance acts that would appear and dissapear overnight and yeah, the record store was the only way you'd get access to them. When DJ Robert Ouimet (Montreal's legendary Limelight nightclub) was at the top during the disco era, he'd drive every week down to New York and do what you describe, buy the latest records, listen to them at home and then play them over the weekend at the Limelight. This is how he realized Donna Summer "I Feel Love" (the B side to the record he bought!) was the song that would be popular. He wasn't wrong.
Ayla
Well-Known Member
Hindsight is absolutely 20/20. Would Chapek still be CEO if Encanto came out this summer in theaters instead of last fall, or if the theatrical window was not known to be so minute before the wide streaming release and instead was pegged for after the Christmas holiday? We'll never know, but we can talk about it on this here web site.
“Walt Disney Co. was working with consulting firm McKinsey & Co. in recent months on an effort to centralize control of major spending decisions, triggering an uproar from top creative executives at the entertainment giant, according to people familiar with the matter.
Discussions regarding the plan were under way in the weeks leading up to Nov. 20, when Disney’s board of directors fired Bob Chapek as chief executive and replaced him with his predecessor, Robert Iger.
Disney’s Chief Financial Officer Christine McCarthyspearheaded the wide-ranging cost-cutting effort, which was blessed by Disney’s board of directors and given the go-ahead by Mr. Chapek, the people said.
The company hired McKinsey in September to review Disney’s operations and identify redundancies and cost-saving opportunities. The McKinsey team quickly set about interviewing senior executives as part of its review, with a particular focus on how Disney marketed its content, the people familiar with the matter said.
One potential change McKinsey was exploring was taking decisions about spending on marketing and publicity for films and television programs out of the hands of studio executives and instead centralizing them in another part of the company, the people said.
Disney itself had already considered shifting oversight of marketing spending to Disney Media and Entertainment Distribution, or DMED, some of the people familiar said. Led by executive Kareem Daniel, a top lieutenant of Mr. Chapek, that division already had considerable influence over content.
In addition to recommending restructuring related to content decisions, McKinsey had also suggested consolidating tasks related to hiring, communications and legal services, some of the people familiar with the matter said.
The plans that were emerging rankled some of the entertainment company’s top content executives, already reeling from losing power over spending decisions on content, and became one of several points that exposed a further rift between the creative and corporate leadership of the company during Mr. Chapek’s brief reign as CEO. Some executives told colleagues they felt that the changes would strip them of nearly all of their power, people familiar with the situation said.”
“The McKinsey plans weren’t completed, and it isn’t clear whether Mr. Iger will implement any of the consultants’ recommendations, according to people familiar with the situation.”
Full article -
www.wsj.com
Discussions regarding the plan were under way in the weeks leading up to Nov. 20, when Disney’s board of directors fired Bob Chapek as chief executive and replaced him with his predecessor, Robert Iger.
Disney’s Chief Financial Officer Christine McCarthyspearheaded the wide-ranging cost-cutting effort, which was blessed by Disney’s board of directors and given the go-ahead by Mr. Chapek, the people said.
The company hired McKinsey in September to review Disney’s operations and identify redundancies and cost-saving opportunities. The McKinsey team quickly set about interviewing senior executives as part of its review, with a particular focus on how Disney marketed its content, the people familiar with the matter said.
One potential change McKinsey was exploring was taking decisions about spending on marketing and publicity for films and television programs out of the hands of studio executives and instead centralizing them in another part of the company, the people said.
Disney itself had already considered shifting oversight of marketing spending to Disney Media and Entertainment Distribution, or DMED, some of the people familiar said. Led by executive Kareem Daniel, a top lieutenant of Mr. Chapek, that division already had considerable influence over content.
In addition to recommending restructuring related to content decisions, McKinsey had also suggested consolidating tasks related to hiring, communications and legal services, some of the people familiar with the matter said.
The plans that were emerging rankled some of the entertainment company’s top content executives, already reeling from losing power over spending decisions on content, and became one of several points that exposed a further rift between the creative and corporate leadership of the company during Mr. Chapek’s brief reign as CEO. Some executives told colleagues they felt that the changes would strip them of nearly all of their power, people familiar with the situation said.”
“The McKinsey plans weren’t completed, and it isn’t clear whether Mr. Iger will implement any of the consultants’ recommendations, according to people familiar with the situation.”
Full article -
WSJ News Exclusive | Disney Proposal to Restructure, on McKinsey’s Advice, Triggered Uproar From Creative Executives
Tension flared over plans to take control of marketing and other decisions away from content chiefs at Disney.
www.wsj.com
Tha Realest
Well-Known Member
LOOL McKinsey. Amazon product ASIN 0385546238“Walt Disney Co. was working with consulting firm McKinsey & Co. in recent months on an effort to centralize control of major spending decisions, triggering an uproar from top creative executives at the entertainment giant, according to people familiar with the matter.
Discussions regarding the plan were under way in the weeks leading up to Nov. 20, when Disney’s board of directors fired Bob Chapek as chief executive and replaced him with his predecessor, Robert Iger.
Disney’s Chief Financial Officer Christine McCarthyspearheaded the wide-ranging cost-cutting effort, which was blessed by Disney’s board of directors and given the go-ahead by Mr. Chapek, the people said.
The company hired McKinsey in September to review Disney’s operations and identify redundancies and cost-saving opportunities. The McKinsey team quickly set about interviewing senior executives as part of its review, with a particular focus on how Disney marketed its content, the people familiar with the matter said.
One potential change McKinsey was exploring was taking decisions about spending on marketing and publicity for films and television programs out of the hands of studio executives and instead centralizing them in another part of the company, the people said.
Disney itself had already considered shifting oversight of marketing spending to Disney Media and Entertainment Distribution, or DMED, some of the people familiar said. Led by executive Kareem Daniel, a top lieutenant of Mr. Chapek, that division already had considerable influence over content.
In addition to recommending restructuring related to content decisions, McKinsey had also suggested consolidating tasks related to hiring, communications and legal services, some of the people familiar with the matter said.
The plans that were emerging rankled some of the entertainment company’s top content executives, already reeling from losing power over spending decisions on content, and became one of several points that exposed a further rift between the creative and corporate leadership of the company during Mr. Chapek’s brief reign as CEO. Some executives told colleagues they felt that the changes would strip them of nearly all of their power, people familiar with the situation said.”
“The McKinsey plans weren’t completed, and it isn’t clear whether Mr. Iger will implement any of the consultants’ recommendations, according to people familiar with the situation.”
Full article -
WSJ News Exclusive | Disney Proposal to Restructure, on McKinsey’s Advice, Triggered Uproar From Creative Executives
Tension flared over plans to take control of marketing and other decisions away from content chiefs at Disney.
GimpYancIent
Well-Known Member
In a single corporate speak word, STREAMLINING. B.I.'s actions will soon tell.“Walt Disney Co. was working with consulting firm McKinsey & Co. in recent months on an effort to centralize control of major spending decisions, triggering an uproar from top creative executives at the entertainment giant, according to people familiar with the matter.
Discussions regarding the plan were under way in the weeks leading up to Nov. 20, when Disney’s board of directors fired Bob Chapek as chief executive and replaced him with his predecessor, Robert Iger.
Disney’s Chief Financial Officer Christine McCarthyspearheaded the wide-ranging cost-cutting effort, which was blessed by Disney’s board of directors and given the go-ahead by Mr. Chapek, the people said.
The company hired McKinsey in September to review Disney’s operations and identify redundancies and cost-saving opportunities. The McKinsey team quickly set about interviewing senior executives as part of its review, with a particular focus on how Disney marketed its content, the people familiar with the matter said.
One potential change McKinsey was exploring was taking decisions about spending on marketing and publicity for films and television programs out of the hands of studio executives and instead centralizing them in another part of the company, the people said.
Disney itself had already considered shifting oversight of marketing spending to Disney Media and Entertainment Distribution, or DMED, some of the people familiar said. Led by executive Kareem Daniel, a top lieutenant of Mr. Chapek, that division already had considerable influence over content.
In addition to recommending restructuring related to content decisions, McKinsey had also suggested consolidating tasks related to hiring, communications and legal services, some of the people familiar with the matter said.
The plans that were emerging rankled some of the entertainment company’s top content executives, already reeling from losing power over spending decisions on content, and became one of several points that exposed a further rift between the creative and corporate leadership of the company during Mr. Chapek’s brief reign as CEO. Some executives told colleagues they felt that the changes would strip them of nearly all of their power, people familiar with the situation said.”
“The McKinsey plans weren’t completed, and it isn’t clear whether Mr. Iger will implement any of the consultants’ recommendations, according to people familiar with the situation.”
Full article -
WSJ News Exclusive | Disney Proposal to Restructure, on McKinsey’s Advice, Triggered Uproar From Creative Executives
Tension flared over plans to take control of marketing and other decisions away from content chiefs at Disney.
CaptainAmerica
Premium Member
"...the design of a new structure that puts more decision-making back in the hands of our creative teams and rationalizes costs."“Walt Disney Co. was working with consulting firm McKinsey & Co. in recent months on an effort to centralize control of major spending decisions, triggering an uproar from top creative executives at the entertainment giant, according to people familiar with the matter.
Discussions regarding the plan were under way in the weeks leading up to Nov. 20, when Disney’s board of directors fired Bob Chapek as chief executive and replaced him with his predecessor, Robert Iger.
Disney’s Chief Financial Officer Christine McCarthyspearheaded the wide-ranging cost-cutting effort, which was blessed by Disney’s board of directors and given the go-ahead by Mr. Chapek, the people said.
The company hired McKinsey in September to review Disney’s operations and identify redundancies and cost-saving opportunities. The McKinsey team quickly set about interviewing senior executives as part of its review, with a particular focus on how Disney marketed its content, the people familiar with the matter said.
One potential change McKinsey was exploring was taking decisions about spending on marketing and publicity for films and television programs out of the hands of studio executives and instead centralizing them in another part of the company, the people said.
Disney itself had already considered shifting oversight of marketing spending to Disney Media and Entertainment Distribution, or DMED, some of the people familiar said. Led by executive Kareem Daniel, a top lieutenant of Mr. Chapek, that division already had considerable influence over content.
In addition to recommending restructuring related to content decisions, McKinsey had also suggested consolidating tasks related to hiring, communications and legal services, some of the people familiar with the matter said.
The plans that were emerging rankled some of the entertainment company’s top content executives, already reeling from losing power over spending decisions on content, and became one of several points that exposed a further rift between the creative and corporate leadership of the company during Mr. Chapek’s brief reign as CEO. Some executives told colleagues they felt that the changes would strip them of nearly all of their power, people familiar with the situation said.”
“The McKinsey plans weren’t completed, and it isn’t clear whether Mr. Iger will implement any of the consultants’ recommendations, according to people familiar with the situation.”
Full article -
WSJ News Exclusive | Disney Proposal to Restructure, on McKinsey’s Advice, Triggered Uproar From Creative Executives
Tension flared over plans to take control of marketing and other decisions away from content chiefs at Disney.
Those two goals strike me as mutually exclusive.
CaptainAmerica
Premium Member
Literally the opposite of that.
Chapek was trying to streamline. Iger is un-streamlining. To save costs. Somehow. Because reasons.
Jrb1979
Well-Known Member
IMO a lot of this is self inflicted. It's not just Disney either, it's most streaming services. They care more about new content for their service then making money off new movies. It's why most are losing money.
Tha Realest
Well-Known Member
Genuinely curious how this approach is to work. A theatrical release needs to an entirely different marketing scheme than a D+ release. Films are often approved and greenlit based on marketing costs (and release window). You could see how, say, a department head over what used to be Fox or Pixar or Disney Animation or Touchstone or whatever may have a highly vested interest in having a film marketed in a particular way that, say Kareem Daniel or Christine McCarthy may not appreciate (or value in the same way - it's not their job on the line). Heck, one could ARGUE that Strange World suffered from a lack of marketing oxygen between Black Panther 2 and Avatar 2.
CaptainAmerica
Premium Member
It was a turf issue. If Pixar wants a movie to have a theatrical release, but it's in the company's best interest to put the movie on Disney+, you don't want the head of Pixar to be able to make decisions that aren't in the best interest of the company. Remember, when this structure was rolled out, Wall Street was entirely focuses on Disney+ growing subscribers as quickly as possible.
Iger obviously thinks this didn't work, so he's undoing it, but that was the logic.
James Alucobond
Well-Known Member
How do McKinsey, Bain, BCG, PWC, Sapient, Accenture, Deloitte, Perficient, and their ilk continue to exist? They literally do the exact same thing everywhere they go in spite of "conducting extensive interviews with leadership", leaving behind a deformed husk for their client-partner to clean up.
This is almost too perfect.
Say what you want about Chapek the stooge, but Cruella McCarthy is truly the source of rot and wretchedness within the walls of The Walt Disney Company.
Say what you want about Chapek the stooge, but Cruella McCarthy is truly the source of rot and wretchedness within the walls of The Walt Disney Company.
Andrew C
You know what's funny?
Can’t get over that Cruella version.This is almost too perfect.
Say what you want about Chapek the stooge, but Cruella McCarthy is truly the source of rot and wretchedness within the walls of The Walt Disney Company.
Oh Iger will. Why? Because he's done this before and Cruella McCarthy is his girl. He'll just blame it on the previous guy and probably do it with a little more grace.
Worried about bad press coverage? He won't be, because he's one of "them". Everyone loves...or fears Bob Iger. They will cover for him.
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Nubs70
Well-Known Member
Disney be downsizing.
Nowhere ever have jobs not been cut after a visit by a consulting firm.
JoeCamel
Well-Known Member
They were taught this is how you do it in business school. No real experience