News Chapek FIRED, Iger New CEO

[BrianLo]

Do you work in healthcare?

Yup! Almost all Canadian hospitals are on pager systems still.

 

[HauntedPirate]

From a Motley Fool article: "Despite its size, industry-leading position, diversified media channels, cruise ships, and more, Disney is a very risk-tolerant company. In fact, risk-taking has been a winning move for Disney throughout its history."

Maybe they should have told Bob "De-risk" Iger that in 2005. Or else the article author has been completely out of touch with Disney since Iger was handed the reigns.

Dana Walden Addresses Disney Shakeup, Vows to Make Studio ‘The Very Best Home for Talent’

The newly promoted Disney TV chief addressed last week's management shakeup in a memo, vowing to make the studio 'the best home for talent.'

variety.com

"Personal note... blah-blah-pandering... Lots of PR-written fluff... more pandering... Warmest regards". Written with all the warmth and compassion of $lappie. Meaning - zero.

 

[RSoxNo1]

From a Motley Fool article: "Despite its size, industry-leading position, diversified media channels, cruise ships, and more, Disney is a very risk-tolerant company. In fact, risk-taking has been a winning move for Disney throughout its history."

Maybe they should have told Bob "De-risk" Iger that in 2005. Or else the article author has been completely out of touch with Disney since Iger was handed the reigns.



"Personal note... blah-blah-pandering... Lots of PR-written fluff... more pandering... Warmest regards". Written with all the warmth and compassion of $lappie. Meaning - zero.

Disney has become increasingly less risk averse in industries where they're the strongest, most notably movies and theme parks.

 

[HauntedPirate]

Disney has become increasingly less risk averse in industries where they're the strongest, most notably movies and theme parks.

Live action remakes and building only headliners. Safe plays designed to make money. When was the last time Disney took a chance on something in the parks? Mission:Space?

 

[The Grand Inquisitor]

Some wanted Chapek out because of the tiff with DeSantis. Turns out that's not going to happen.

Nah it's because he's been a terrible CEO. Disney shouldn't make political statements as well. Peter Rice or Tom Staggs would've been better CEOs than Chapek.

 

[MisterPenguin]

Live action remakes and building only headliners. Safe plays designed to make money. When was the last time Disney took a chance on something in the parks? Mission:Space?

$2 Billion for Star Wars Lands?

 

[HauntedPirate]

$2 Billion for Star Wars Lands?

Stupid, and they blundered on some of the execution, but not what I'd call "taking a chance".

 

[Indy_UK]

I still feel they really shouldn't have bothered with Galaxy's Edge in California. Should have kept it in DHS only and allowed far more expansion long term.

 

[Ayla]

Yup! Almost all Canadian hospitals are on pager systems still.

I've been at Mayo Clinic in Rochester with my Mom for three weeks. Everyone carries a pager here, too.

 

[Model3 McQueen]

Stupid, and they blundered on some of the execution, but not what I'd call "taking a chance".

2 rides and multiple opportunities to spend big cash, on a massive plot of land.. What a waste. I agree Star Wars is a safe bet and Disney is doing a wonderful job milking the franchise to death.

 

[Chip Chipperson]

$2 Billion for Star Wars Lands?

I think Pandora was a bigger risk given the age of the movie when the land opened. However, they did an excellent job with the land - certainly better than they did with Galaxy's Edge. Maybe there's a correlation there - bigger risk means more pressure to get it right, while the relatively '"safe" move of spending big on a Stars Wars land helped create an attitude of "we can cut corners and people will still come anyway. "

 

[HauntedPirate]

I think Pandora was a bigger risk given the age of the movie when the land opened. However, they did an excellent job with the land - certainly better than they did with Galaxy's Edge. Maybe there's a correlation there - bigger risk means more pressure to get it right, while the relatively '"safe" move of spending big on a Stars Wars land helped create an attitude of "we can cut corners and people will still come anyway. "

Iger did (in)famously say something along the lines of, "I just need to tweet that it's open and people will flock to it".

They absolutely thought playing it safe with GE was the right call. They thought having one ride available at its opening was good enough. They thought a dozen shops and eateries of various sizes was good enough. Imagine opening the Fantasyland expansion and having it be only Mermaid and 14 shops and QS locations. That's what they did with GE. The hammer falls squarely on both Bob's for the shortcomings of GE. Visually, it's great. But peel back a layer and there are many flaws, not the least of which is MF:SR.

 

[Lilofan]

Nah it's because he's been a terrible CEO. Disney shouldn't make political statements as well. Peter Rice or Tom Staggs would've been better CEOs than Chapek.

Staggs pulled a temper tantrum and when he didn't get considered for the CEO job by the Board , he quit.

 

[Smiley/OCD]

I think Pandora was a bigger risk given the age of the movie when the land opened. However, they did an excellent job with the land - certainly better than they did with Galaxy's Edge. Maybe there's a correlation there - bigger risk means more pressure to get it right, while the relatively '"safe" move of spending big on a Stars Wars land helped create an attitude of "we can cut corners and people will still come anyway. "

That plus the fact we had Joe Rhode designing Pandora, probably one of the last “old school” imagineers, someone that still actually cared…yeti excluded…

 

[Dear Prudence]

I still feel they really shouldn't have bothered with Galaxy's Edge in California. Should have kept it in DHS only and allowed far more expansion long term.

I feel like this space should have been smaller. Or had more. Because it was A LOT of real estate in a park that doesn't have that much to spare. I do think it's better than Avengers' Campus by leaps and bounds.

 

[Tha Realest]

Iger did (in)famously say something along the lines of, "I just need to tweet that it's open and people will flock to it".

They absolutely thought playing it safe with GE was the right call. They thought having one ride available at its opening was good enough. They thought a dozen shops and eateries of various sizes was good enough. Imagine opening the Fantasyland expansion and having it be only Mermaid and 14 shops and QS locations. That's what they did with GE. The hammer falls squarely on both Bob's for the shortcomings of GE. Visually, it's great. But peel back a layer and there are many flaws, not the least of which is MF:SR.

This is what happens when your CEO thinks he’s a creative genius (he’s not) and your Parks VP came up through merchandise sales and realizes they get a more immediate ROI on retail and food sales - and expensive up charges like lightsaber and droid creations - rather than adding ride capacity.

For all the complaints that GE missed the mark, I completely disagree - the designers absolutely knew the assignment and executed it as directed. We can disagree over the wisdom of these decisions, but they achieved the objectives.

 

[pdude81]

Iger did (in)famously say something along the lines of, "I just need to tweet that it's open and people will flock to it".

They absolutely thought playing it safe with GE was the right call. They thought having one ride available at its opening was good enough. They thought a dozen shops and eateries of various sizes was good enough. Imagine opening the Fantasyland expansion and having it be only Mermaid and 14 shops and QS locations. That's what they did with GE. The hammer falls squarely on both Bob's for the shortcomings of GE. Visually, it's great. But peel back a layer and there are many flaws, not the least of which is MF:SR.

I agree with the premise, other than personally liking MFSR very much.

 

[HauntedPirate]

I agree with the premise, other than personally liking MFSR very much.

Nothing wrong with that. I just think that it should have been a high-quality, signature attraction for something using an iconic piece of Star Wars instead of a life-sized video game simulator. As it stands, it’s going to need multiple different missions to improve overall re-rideability.

 

[JAN J]

Staggs pulled a temper tantrum and when he didn't get considered for the CEO job by the Board , he quit.

I read that he was being considered, but Bob Paycheck worked on the background to make sure it wouldn't happen.

 

[Smiley/OCD]

This is what happens when your CEO thinks he’s a creative genius (he’s not) and your Parks VP came up through merchandise sales and realizes they get a more immediate ROI on retail and food sales - and expensive up charges like lightsaber and droid creations - rather than adding ride capacity.

For all the complaints that GE missed the mark, I completely disagree - the designers absolutely knew the assignment and executed it as directed. We can disagree over the wisdom of these decisions, but they achieved the objectives.

I agree…I’m NOT a Star Wars fan but I think higher ups gave the imagineers their marching orders and their budgets and they were held to those boundaries. That said, again, NOT a SW fan, but we ride RotR and had nothing but praise for the work they did.