Sirwalterraleigh
Premium Member
In practical terms: if you bought it in January 2016 you’ve “made” nothing (yes there is a caveat there…but still in the ballpark)
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News Chapek FIRED, Iger New CEO
- Thread starter Chef Mickey
- Start date
Sirwalterraleigh
Premium Member
…with “customers” like you…who needs enemies?
TWDC…NYSE: DIS…maybe the most high profile, underachieving stock since January 2021. Of ANY. Think about that. Nobody likes that kinda heat in Goofy’s Kitchen.
That’s a LONG time on Wall Street, Bub.
Disney morale is ‘terrible’ after CEO Bob Chapek axed Peter Rice
Morale is at an all-time low at the beleaguered Mouse House after Disney CEO Bob Chapek dumped TV content boss Peter Rice.
nypost.com
Disney's 'Badass' New TV Chief Dana Walden May Be a Bigger Threat to CEO Bob Chapek
If ousting Peter Rice was meant to eliminate competition, insiders say Chapek may have underestimated Rice's former deputy
www.thewrap.com
Sirwalterraleigh
Premium Member
You know who should never be taken seriously? The Disney store yutz that hung around and ended up being stuck in parks…
There was a time when Disney knew not to let that kid have the car keys:
mikejs78
Well-Known Member
Because the decisions a CEO makes doesn't have immediate impact. It takes time for things to regularize. In normal times, it takes about a year before you can start measuring the effectiveness of a CEOs actions via stock price. Anything before that is more likely a result of the prior CEO.
We are, however, not in normal times. March 2020 really shook things up and gave "external factors" new meaning. From that I would argue that Chapek was really a great pandemic CEO for Disney. He kept the business afloat in very uncertain times. However, around spring of 2021 we started to transition to more "normal times", and so now is a reasonable time to start judging Chapek's performance post-pandemic.
A good measure on how to judge external factors vs CEO performance is comparing performance vs the rest of the market. I.e. is Disney doing better/worse/the same than the general market? Than entertainment companies in general? Etc.
Sir_Cliff
Well-Known Member
Ah, this coverage keeps getting better for Chapek!
puck.news
Bob Chapek’s Empire of Insecurity
The abrupt firing of beloved Disney executive Peter Rice was widely interpreted inside Hollywood as a move by Chapek to eliminate a prospective rival. Instead it has exposed just how weak his position really is.
puck.news
Sirwalterraleigh
Premium Member
I thought this was chapek “eating the young” from the minute I heard it…
Also - as a Disney fan who just wants good product - I’d watch out for this Daniel character…
Disney has fallen into a creative destructive habit of letting the ceo dictate what they do and how long they’ll do it with little oversight…and then turning it over like a car to the next unqualified weasel lieutenant to repeat the cycle.
Also - as a Disney fan who just wants good product - I’d watch out for this Daniel character…
Disney has fallen into a creative destructive habit of letting the ceo dictate what they do and how long they’ll do it with little oversight…and then turning it over like a car to the next unqualified weasel lieutenant to repeat the cycle.
GhostHost1000
Premium Member
Disney is killing themselves and it’s sad and almost facepalm comical at the same time
Sirwalterraleigh
Premium Member
This is a case where I can’t trust my own instincts
Because my instincts are telling me every move they make is met with near universal disdain…from Wall Street to Hollywood boulevard.
Tha Realest
Well-Known Member
Walden seems more than capable and seems to play the media game better than Rice.
But, for a company that is increasingly reliant on the success of developing more content for Hulu, D+, and ESPN (particularly since Chapek doesn’t come from that segment) this is an incredibly foolish and short sighted move.
But, for a company that is increasingly reliant on the success of developing more content for Hulu, D+, and ESPN (particularly since Chapek doesn’t come from that segment) this is an incredibly foolish and short sighted move.
Sirwalterraleigh
Premium Member
Seems like it’s all about one Napoleon staying on his throne, doesn’t it?
Maybe Sue Arnold has been on an around the world cruise and has no wifi, huh?
I strongly suspect that Chapek has the support of Disney's board/shareholders....because he is doing exactly what they are telling him to do. It's my guess that the board is upset with the company's recent direction with political and social activism and I think investors dont want any part of that anymore.
I think investors will demand a "clean out" and a culture re alignment into a more neutral and non-political strategy.
This is not "Chapek"...it's the "investors" driving this.
I think investors will demand a "clean out" and a culture re alignment into a more neutral and non-political strategy.
This is not "Chapek"...it's the "investors" driving this.
Tha Realest
Well-Known Member
I do not think it’s Chapek either. It’s a very vocal internal and external movement. Left to his own devices, his first “lets stay apolitical” statement is likely closer to his heart than the public defenestrations he was forced into doing.
Sirwalterraleigh
Premium Member
x -1
…you two should meet up for drinks. Where something off the shoulder
Disney's board publicly backed Chapek this week. Who do you think suddenly and mysteriously forced Iger out? Remember that shocking announcement? No, Iger did not do it on his own free will. It was forced by Disney's higher power, their board and shareholders.x -1
…you two should meet up for drinks. Where something off the shoulder
These are the people that REALLY call the shots and ONLY authority that Iger and Chapek MUST answer to.
Again...I suspect that the Board/Shareholders are VERY upset with Disney's direction and decision making and THIS is why Chapek has his position. Ultimately, it is his duty to execute whatever orders they give him.
The rest of the company might be unhappy but it's the large shareholders that have their necks on the line with hundreds and hundreds of millions of dollars inveseted. The rest of the company has relatively little invested comparitively.
Yes...I think the Board/Investors are driving all these..and future.. "clean-out" changes.
Last edited:
pdude81
Well-Known Member
You think they suddenly forced him out, while giving him a raise and a special title, and begging him to stick around for another year and a half?
Sirwalterraleigh
Premium Member
A statement of support is not an SEC filing….
I know this already came up long ago…but I guess I gotta point out that means nothing again?
Anyway…the board can do what it wants…including firing chapek in 10 minutes if that’s what the large investors want.
That’s who calls the shots
And I didn’t want to say this…but I guess I gotta…but chapek isn’t under fire for fighting stupid laws in Florida. And they are STOOOPID.
Long term business concerns and trends are exactly what Disney has been been doing for decades: diversification. Casting a bigger net.
Chapek flubbed the PR response…but it’s not counter to their long term goals. It’s not with closed minded boomers. They are dying - frankly.
He just sucked at diffusing it
I know this already came up long ago…but I guess I gotta point out that means nothing again?
Anyway…the board can do what it wants…including firing chapek in 10 minutes if that’s what the large investors want.
That’s who calls the shots
And I didn’t want to say this…but I guess I gotta…but chapek isn’t under fire for fighting stupid laws in Florida. And they are STOOOPID.
Long term business concerns and trends are exactly what Disney has been been doing for decades: diversification. Casting a bigger net.
Chapek flubbed the PR response…but it’s not counter to their long term goals. It’s not with closed minded boomers. They are dying - frankly.
He just sucked at diffusing it
Yes, I do. I believe that Chapek is given the orders to be the front facing "hatchet man" and he will cut out all the rotten spots that the board/investors dont like. This will be a painfull and ugly process. Once he is finished and the board/shareholders are satisfied, he will step down and Disney have a new CEO take the wheel with no more "dirty work" left to do. That new CEO will start fresh with a clean slate.
Chapek gets a sweet golden paraschute and everybody wins. I think that what Disney is about to go through is a two-three year clean out process.
mightynine
Well-Known Member
Ah, this coverage keeps getting better for Chapek!
Bob Chapek’s Empire of Insecurity
The abrupt firing of beloved Disney executive Peter Rice was widely interpreted inside Hollywood as a move by Chapek to eliminate a prospective rival. Instead it has exposed just how weak his position really is.
That’s a great article that shows how Chappie’s not doing himself any favors right now.
And how he’s exactly the wrong person to be leading a company that lives and dies by its content.
Movielover
Well-Known Member
You know things are bad when I actually agree with everything you've been saying for the last 10 pages haha! I think there might be a aerodynamic swine passing my window right now...
