News Bob Iger is back! Chapek is out!!

[FutureCEO]

Do honestly think the next person that becomes CEO will be any different? I don't cause I don't see them ever going back to heavily investing in the parks anymore.

They really don't need to. People come anyway.

 

[Tha Realest]

I’m calling bs here otherwise things would already be under construction…or heck even announced. We know how long it takes them to build anything now adays. That is troubling.

One of the reasons capital spending is “more than it’s ever been” is because their cost to do anything these days is ridiculously inflated beyond what it should be. If Disney were building Epic Universe it would probably cost twice as much

It also includes the (three?) cruise ships currently in development.

 

[Sirwalterraleigh]

A plant can’t be this obtuse…who would ever buy it?

 

[Sirwalterraleigh]

That masters piece really should have a Zenia by line on it.

Everyone has their price.

 

[MisterPenguin]

Yeah I think that is correct but they aren’t going to hit their target from the looks of it.

Could you please post the spreadsheet of your projections indicating that premise?

 

[GhostHost1000]

Could you please post the spreadsheet of your projections indicating that premise?

just reading the tea leaves

You have projections showing they are based on trends?

 

[_caleb]

A plant can’t be this obtuse…who would ever buy it?

You still haven’t shared your recommendation for what Disney should do instead of this pivot to streaming. I’m genuinely curious.

And while Disney has acknowledged that costs got way out of hand and PR went sideways, so far the plan is working, isn’t it?

From my perspective, what remains to be seen—and I admit it’s a biggie—profitability without falling back on the old ways of doing things. If they go to all this trouble to pivot, only to fall back into bundled services, two-year contracts, and commercials, I’m going to be very disappointed.

 

[CaptainAmerica]

Bob and Josh are walking around Animal Kingdom right now.

 

[MisterPenguin]

From Kim Masters, who never misses:

Behind Disney’s Activist Investor Battle: A Marvel Mogul’s Revenge Play

As activist shareholder Nelson Peltz presses a long-shot fight for a seat on Disney’s corporate board, with help from former Marvel honcho Ike Perlmutter, Bob Iger appears to be solidifying his control.

www.hollywoodreporter.com

Apparently Iger wants McCarthy to be gone too despite everything she did for him. Why? Because her cost-cutting enthusiasm is coming at odds with creatives, whom Iger wants to protect.

Also, Rich Greenfield says something intelligent for once:

Iger puts McCarthy in charge of the ad hoc committee of reorganization and wants her gone at the same time? The one who threatened to quit unless Chapek was gone?

Doesn't seem likely. I'll put this in the same bin with Kennedy being fired.

 

[dreday3]

Bob and Josh are walking around Animal Kingdom right now.

Obviously they've heard my request for a Yeti cupcake to celebrate the 25th Anniversary and are working hard to get it done.

 

[CaptainAmerica]

Obviously they've heard my request for a Yeti cupcake to celebrate the 25th Anniversary and are working hard to get it done.

I'm sitting here at Satuli and I almost choked on my cheeseburger pod.

 

[MisterPenguin]

just reading the tea leaves

You have projections showing they are based on trends?

Disney does. And under penalty of SEC violations, says their projections are on target.

 

[Jrb1979]

They way I look at it is your average guest doesn't know or care about much of this. They do see Universal continue to invest in their parks and Disney not following suit.

You still haven’t shared your recommendation for what Disney should do instead of this pivot to streaming. I’m genuinely curious.

And while Disney has acknowledged that costs got way out of hand and PR went sideways, so far the plan is working, isn’t it?

From my perspective, what remains to be seen—and I admit it’s a biggie—profitability without falling back on the old ways of doing things. If they go to all this trouble to pivot, only to fall back into bundled services, two-year contracts, and commercials, I’m going to be very disappointed.

I do agree with moving to streaming. Where I disagree is how, not just Disney all of them, have gone about it. It should have been a slow process to pivoting to streaming. Throwing all new content and movies onto streaming without getting profit from them.

 

[skiir97]

Bob and Josh are walking around Animal Kingdom right now.

"Hey Josh let's go walk around AK to make it look like we're thinking about the Blue Sky stuff"

 

[GhostHost1000]

"Hey Josh let's go walk around AK to make it look like we're thinking about the Blue Sky stuff"

I wonder if they made park reservations and are using genie+

I also wonder if they are playing any carnival games at dinoland

Maybe they are just planning to fix the yeti with their upcoming D+ profits

 

[BuddyThomas]

In case this was not already posted.

Ousted Disney CEO Bob Chapek will get $20 million exit pay

Ousted Disney chief executive Bob Chapek is set to receive a hefty paycheck following his exit.

amp.cnn.com

 

[el_super]

They way I look at it is your average guest doesn't know or care about much of this. They do see Universal continue to invest in their parks and Disney not following suit.

I don't think the average guests knows or cares about how much Disney is investing in their parks. If you haven't been to a Disney park in 5 years or 10 years how much new stuff is there to see? Maybe... if you are going every month or ever week, but those are also the types that can ride the classics over and over without getting bored.

I do agree with moving to streaming. Where I disagree is how, not just Disney all of them, have gone about it. It should have been a slow process to pivoting to streaming. Throwing all new content and movies onto streaming without getting profit from them.

They will make money off the content released to Disney+ ... it's just harder to measure. It's easier to compare a box office return over the course of a six week or ten week release. But a title that sits on Disney+ for the next 20 to 30 years? How much does it make back?

There's a lot of weird parallels here between Disney content on Disney+ and Disney parks going to a pay-one-price admission ticket in the 1980s.

 

[Dan Deesnee]

Disney does. And under penalty of SEC violations, says their projections are on target.

That's not how it works. Projections are just that, an educated guess. They would never get in trouble from the SEC for that.

 

[Dan Deesnee]

Nelson Peltz's restore the magic report is an interesting read.

Also, watch Mickey Views video about this. Goes in depth on it. I strongly believe Peltz would be a great board member, he seems to really get what is wrong with Disney these past few years.

Overpaying for Fox, over profiting on the Parks, etc.

 

[Chip Chipperson]

That's not how it works. Projections are just that, an educated guess. They would never get in trouble from the SEC for that.

They would if they knew their stated projections are wrong. Thinking they're right but falling short? They're in the clear. Intentionally misleading investors? That brings the regulators' hammer.