News Bob Iger Steps Down - Bob Chapek CEO

lazyboy97o

Well-Known Member
Well I'm not gonna say her husband's illness wasn't a factor in why she left....but consider this:

major Disney executive leaves the company during its financial decline, after openly struggling with leadership resulting in the CEO being booted, and at the same time as other executives are also leaving the company. Consider the timing. Why is she leaving now? Is it just a coincidence that she's leaving when Disney is a mess, when other execs are also leaving and when she has personally struggled with leadership? Or is there perhaps a rhetorical throughline here that we can grasp at?
That other people are also leaving is evidence for why she really would be leaving for the stated reasons. There are all sorts of layoffs and restructuring going on right now. There’s no need to do it hastily and lie when it all could have just been sold as part of everything else. Sometimes things just are what they are.
 

Magic Crush Drop

Active Member
That other people are also leaving is evidence for why she really would be leaving for the stated reasons. There are all sorts of layoffs and restructuring going on right now. There’s no need to do it hastily and lie when it all could have just been sold as part of everything else. Sometimes things just are what they are.
Sometimes people like the fantasy world they make up and want to live there 24/7.
 

BlakeW39

Well-Known Member
That other people are also leaving is evidence for why she really would be leaving for the stated reasons. There are all sorts of layoffs and restructuring going on right now. There’s no need to do it hastily and lie when it all could have just been sold as part of everything else. Sometimes things just are what they are.

I mean I'm not gonna make any wild or unsubstantiated claims about why Christine left the company. I don't actually know so I'm not gonna sit here and act like I have authority on a matter where my knowledge is actually limited. That said, I do think it's curious that she chose to leave when she did... with the state of the company being what it is and there being an established trend of other executives leaving as well. And if that were a factor in her departure, I would be very unsurprised. It's also possible that there are multiple reasons for her departure, and family health as well as the current shaky TWDC status being cotributing factors.
 
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Sirwalterraleigh

Premium Member
I mean I'm not gonna make any wild or unsubstantiated claims about why Christine left the company. I don't actually know so I'm not gonna sit here and act like I have authority on a matter where my knowledge is actually limited. That said, I do think it's curious that she chose to leave when she did... with the state of the company being what it is and there also being an established trend of other executives leaving as well. And if that were a factor in her departure, I would be very unsurprised. It's also possible that there are multiple reasons for her departure, and family health as well as the current shaky TWDC status being cotributing factors.
Funny how people with cushy high up jobs in a comfortable positions all of a sudden decide to leave in quick succession by “their own choice”…isn’t it?
 

MisterPenguin

President of Animal Kingdom
Premium Member
What would a breakdown look like for that? Is it split into marketing & production cost?
We know that the budget of the film doesn't include marketing and certain administrative costs. But marketing costs vary from film to film and the studios almost never reveal that amount. So, as a rule of thumb, the trade magazines use 50% of the budget for those extra costs.

We know that in the U.S. a major film's split between studio/theater can be anywhere from 55/45 to 65/35, but only at first. The longer the film remains in the theaters, the larger the theater's split until the studio is getting less than 50%. Also, overseas, the studio's split starts at *less* than 50%. So, the rule of thumb is to just average it out to 50/50.

So, you take the film's budget and add 50%. Then you take the BO receipts and split them in half. Then you note the difference.

In the end, to 'break even,' a film's BO needs to be three times the budget for the studio to break even.

An example (in millions):

Budget: $200
Budget + Marketing: $300.

BO: $800.
Studio's take of BO: $400.

Studio's profit: $100

Because we don't have exact numbers, if a film's profit/loss is within +/-$10M, that should pretty much be taken as 'break even.'
 

shambolicdefending

Well-Known Member
Millionaire stock-holding Fortune 500 executives don't suddenly quit mid-fiscal year for "personal" reasons. If you've ever worked for a large corporation and seen how the C-suite folks operate, you'll know what I'm talking about. They are pathologically enmeshed in their jobs and careers. It's their core identity.

There's no doubt in my mind the two exec departures this month have been gently invited/encouraged to move on by Iger. And, I don't think it's surprising if you've been reading between the lines of Iger's public statements since he came back. He doesn't approve of the financial approach Chapek undertook, and he's strongly hinted at a need to readdress how Disney approaches DEI in its content. Not a coincidence that those two positions are suddenly open less than a year later.
 

Lilofan

Well-Known Member
Millionaire stock-holding Fortune 500 executives don't suddenly quit mid-fiscal year for "personal" reasons. If you've ever worked for a large corporation and seen how the C-suite folks operate, you'll know what I'm talking about. They are pathologically enmeshed in their jobs and careers. It's their core identity.

There's no doubt in my mind the two exec departures this month have been gently invited/encouraged to move on by Iger. And, I don't think it's surprising if you've been reading between the lines of Iger's public statements since he came back. He doesn't approve of the financial approach Chapek undertook, and he's strongly hinted at a need to readdress how Disney approaches DEI in its content. Not a coincidence that those two positions are suddenly open less than a year later.
If the golden parachute offer is sweeter , take the money and leave.
 

Disstevefan1

Well-Known Member
So lot’s of $2 and $3 price increases reported to be popping up in the parks

Thank god chapek is gone so that low class nickel and diming went away, huh?

Wait…is it supply chain? Labor? Fuel costs?

Wax cost for a Teaked deck on a 147 foot yacht?
IgerClownFine.jpg
 

BlakeW39

Well-Known Member
He made a vague comment last week.

But he’s as slippery as an eel in a bucket of KY

hm. interesting, thanks

yeah he's definitely slippery. But at the same time, this does line up with Zenia's departure.

I do agree with what he's saying, too. Diversity, equity and inclusion are positive values, but at the same time I don't want to sacrifice the stories and characters I love for novel replacements just on the basis of DEI. Old characters need not be changed or replaced for new DEI characters to shine. It's just laziness.

and of course openly insulting your audience is alwayd inexcusable. Lucasfilm has that problem and Marvel Comics has had it too.
 

Sirwalterraleigh

Premium Member
hm. interesting, thanks

yeah he's definitely slippery. But at the same time, this does line up with Zenia's departure.

I do agree with what he's saying, too. Diversity, equity and inclusion are positive values, but at the same time I don't want to sacrifice the stories and characters I love for novel replacements just on the basis of DEI. Old characters need not be changed or replaced for new DEI characters to shine. It's just laziness.

and of course openly insulting your audience is alwayd inexcusable. Lucasfilm has that problem and Marvel Comics has had it too.
If that’s what he’s saying…it’s the first smart thing he’s said in a LONG time

But like flav…I can’t truss it
 

CaptinEO

Well-Known Member
So lot’s of $2 and $3 price increases reported to be popping up in the parks

Thank god chapek is gone so that low class nickel and diming went away, huh?

Wait…is it supply chain? Labor? Fuel costs?

Wax cost for a Teaked deck on a 147 foot yacht?
I thought it was hilarious people thought Iger was a white knight. He was only away from the company for 11 months.

There were great moments from Iger but did people forget that during 2006-2021 there were many price increases and cut backs? It's not like when Iger left in December 2021 that everything was perfect.
 

shambolicdefending

Well-Known Member
I thought it was hilarious people thought Iger was a white knight. He was only away from the company for 11 months.

There were great moments from Iger but did people forget that during 2006-2021 there were many price increases and cut backs? It's not like when Iger left in December 2021 that everything was perfect.
Virtually every major thing Chapek did with the theme park operations was already in the works to some extent before Iger left. Anybody who imagined the original Bob was going to come in and reverse anything was in a fantasy land not of the Disney variety.
 

Phroobar

Well-Known Member
I thought it was hilarious people thought Iger was a white knight. He was only away from the company for 11 months.

There were great moments from Iger but did people forget that during 2006-2021 there were many price increases and cut backs? It's not like when Iger left in December 2021 that everything was perfect.
Disneyland has a lot of dark times. Before the Iger dark times, there was Pressler/Harris dark times from 1997-2004. Disneyland only had two years of sunshine.
 

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