News Christine McCarthy to step down from her role as Chief Financial Officer

[BlakeW39]

In order to disagree with a point one first must be made. Blasting threads with tons of "cryptic" posts to try and look like an insider is not a point. Telling every person with a complaint about Disney they're right, no matter how nonsensical or worse, is not an actual point that can be debated because it's not a coherent idea, and a lot of it looking to valid rather awful positions that extend outside of a discussion of Disney.

Uh-huh. Do you know what an ad hominem fallacy is?

Under iger’s direction

You are full aware the parks guys takes all the arrows from the skirmishers…

I think we can see that he wasn’t the BIG problem then.

Everything done in parks…which ain’t looking good right now…fits iger’s mind trap to a T

he did have a 'point' ^^

I’m fully aware that you’re little more than a stochastic parrot that spams threads with incoherent, contradictory nonsense to try and look informed. Claiming Rasulo and Staggs just followed Iger is yet another clear example..

^^ which you then replied to with this ad hominem fallacy, attacking how @Sirwalterraleigh conducts himself across all forum topics (completely irrelevant), instead of addressing the actual content of what he's saying. All the while maintaining a (typical) condescending tone while at the same time completely misusing the word 'stochastic.'

 

[Jrb1979]

I have to ask cause so many are saying the cost of going to see a movie is so high is why they struggle. Where I live most pick up tickets at Costco for cheap. For a family of 4 with tickets and pop and popcorn it costs $60. Do they not have ways to get discounts in the US?

 

[Sirwalterraleigh]

Uh-huh. Do you know what an ad hominem fallacy is?



he did have a 'point' ^^



^^ which you then replied to with this ad hominem fallacy, attacking how @Sirwalterraleigh conducts himself across all forum topics (completely irrelevant), instead of addressing the actual content of what he's saying. All the while maintaining a (typical) condescending tone while at the same time completely misusing the word 'stochastic.'

Ahhh…don’t worry about “grumpy manager” there.

Better to just let him preach to “thin air” like 99.9% of the time…than engage.

Rasulo -
In particular…is a
Sore subject. He started at Disney in corporate strategic planning…which is the ultimate boogeyman to many Disney fans. I don’t love the guy - at all - but there’s this psychosis that Eisner and anyone like rasulo completely “stole their magic” decades ago…and it’s like their minds went with it…

Not completely crazy…they definitely went away from Art house as they became
A mega Corp…
But what’s ridiculous is many of the same don’t think Iger didn’t stay on the same
Course and multiply it.

Of course he has. He should be gone…but that doesn’t “fix it” either…but it’s worth a try.

 

[MisterPenguin]

I for one would welcome a Staggs/Rasulo combo back on top of Disney, with Rasulo as CFO and Staggs as CEO. But those two aren't coming back to the dumpster fire that their previous boss set.

We truly have entered the upside down.

Why is it (with a few exceptions) that everyone who has left the company is uncritically lionized as a would-be savior and everyone still in the company is uncritically demonized as an evil twit intent on destroying the company?

 

[flynnibus]

I haven’t seen this so that’s an interesting take that these critics are using.

You see comments like these all over...

Maybe pandemic-worried families were not quite ready to return to theaters. Or maybe, as some box office analysts speculated, Disney had weakened the Pixar brand by using its films to build the Disney+ streaming service. Starting in late 2020, Disney debuted three Pixar films in a row (“Soul,” “Turning Red” and “Luca”) online, bypassing theaters altogether.

Pixar’s ‘Elemental’ Falls Flat, Adding to Worries About the Brand

The original animated film took in $29.5 million at the box office, by far the worst opening in Pixar’s three-decade history. “The Flash,” from Warner Bros., also struggled.

www.nytimes.com

Perhaps no once-reliable hit maker has experienced a more sweeping setback than Pixar, which saw Disney move films like “Turning Red” and “Soul” directly to streaming during the pandemic, and “Lightyear” – a spinoff from the mighty “Toy Story” franchise – underperform at the box office. The prevailing sense is part of the audience that once dutifully flocked to Pixar fare as family-friendly outings have been reprogrammed to wait and consume those items in the comfort of their homes.

https://www.cnn.com/2023/06/19/entertainment/elemental-and-the-flash-box-office-column/index.html

There is also almost definitely some truth to the theory that Disney’s streaming-heavy distribution plans in recent years have caused severe damage to the theatrical prospects of its family-focused films. After sending title after title straight to Disney+ during and after the worst of the pandemic, short theatrical windows for many of its features since then have conditioned parents to save time and money by waiting for films to hit Disney+.

'Elemental' Flops With Second-Worst Debut In Pixar History

Warner Bros.'s cg-heavy superhero epic 'The Flash' had a dire opening weekend of its own.

www.cartoonbrew.com

Perhaps one of the biggest issues Disney has created for its animated theatrical releases, are the decisions it has made over the past few years. First off, releasing the last three Pixar films, “Turning Red”, “Soul”, and “Luca”, directly onto Disney+, plus “Onward” also barely had a week in cinemas before the world was plunged into chaos. [...]

This has, without doubt, changed habits and created a “wait” culture for the films to arrive on Disney+

Why Did Pixar’s “Elemental” Fail At The Box Office?

Last Friday, Disney released the latest Pixar film,

whatsondisneyplus.com

And it keeps going and going and going...

 

[Sirwalterraleigh]

Why is it (with a few exceptions) that everyone who has left the company is uncritically lionized as a would-be savior and everyone still in the company is uncritically demonized as an evil twit intent on destroying the company?

Cause the stock is down another 1.5% today and those people aren’t mentally reliving that 2016 trip to port orleans with “free dining” in their head?

 

[Ayla]

I have to ask cause so many are saying the cost of going to see a movie is so high is why they struggle. Where I live most pick up tickets at Costco for cheap. For a family of 4 with tickets and pop and popcorn it costs $60. Do they not have ways to get discounts in the US?

A soda and popcorn alone is $60. (Ok, that's a bit of hyperbole, but the last time I saw a movie, a soda/popcorn combo was $15.

 

[Jrb1979]

A soda and popcorn alone is $60. (Ok, that's a bit of hyperbole, but the last time I saw a movie, a soda/popcorn combo was $15.

That's insane to me. I would never pay that much.

 

[Andrew C]

That's insane to me. I would never pay that much.

You will...muuuuhahahahaha...you will....

 

[Jrb1979]

You will...muuuuhahahahaha...you will....

I don't have to since I can get my tickets at Costco and pay $60 for tickets, pop and popcorn

 

[Andrew C]

I don't have to since I can get my tickets at Costco and pay $60 for tickets, pop and popcorn

They got that covered too.

 

[BlakeW39]

Ahhh…don’t worry about “grumpy manager” there.

Better to just let him preach to “thin air” like 99.9% of the time…than engage.

Rasulo -
In particular…is a
Sore subject. He started at Disney in corporate strategic planning…which is the ultimate boogeyman to many Disney fans. I don’t love the guy - at all - but there’s this psychosis that Eisner and anyone like rasulo completely “stole their magic” decades ago…and it’s like their minds went with it…

Not completely crazy…they definitely went away from Art house as they became
A mega Corp…
But what’s ridiculous is many of the same don’t think Iger didn’t stay on the same
Course and multiply it.

Of course he has. He should be gone…but that doesn’t “fix it” either…but it’s worth a try.

well I mean I haven't read Disney Wars, nor was I keeping up with the interworkings of TWDC pre-Iger. So my knowledge on this subject is gonna be inferior to yours. That said, the WDC fundamentally shifted the second they became a public company. It's just the name of the game, large megacorps like Disney are fundamentally governed by people who don't have a strong personal stake in or understanding of their specific business model. It's especially true for any company that deals with a creative product. Like Disney. And that's really no one's fault. Not Eisner's, not Iger's.

Now Iger has his issues... but a lot of problems with TWDC today aren't really on him personally. It's just the circumstances of the market, to which public companies are very reactive (contra 'proactive'). Once Iger goes...and he will...most of Disney's issues won't be solved. It'll take more than that to affect the change 99.9% of us want

 

[Andrew C]

I haven't read Disney Wars,

It is worth a read...enjoyable...

 

[Sirwalterraleigh]

well I mean I haven't read Disney Wars, nor was I keeping up with the interworkings of TWDC pre-Iger. So my knowledge on this subject is gonna be inferior to yours. That said, the WDC fundamentally shifted the second they became a public company. It's just the name of the game, large megacorps like Disney are fundamentally governed by people who don't have a strong personal stake in or understanding of their specific business model. It's especially true for any company that deals with a creative product. Like Disney. And that's really no one's fault. Not Eisner's, not Iger's.

Now Iger has his issues... but a lot of problems with TWDC today aren't really on him personally. It's just the circumstances of the market, to which public companies are very reactive (contra 'proactive'). Once Iger goes...and he will...most of Disney's issues won't be solved. It'll take more than that to affect the change 99.9% of us want

Under Eisner they really changed from a movie studio - with parks - to a major media player across the planet. It was successful for awhile but he was there too long and it got too big at the end.

Lots of different things…but when they bought abc/Capitol cities (and inherited a weasel with it)…things pivoted. They were flush with rising amounts of ESPN cash, had sports teams, 1/3 of the cable package, several movie studios, tv studios and the largest animation studios on the planet, Broadway theaters, publishing and music labels, influence on 3 continents via parks, timeshares and ships under construction.

They had arrived…and with that size comes cold Corporate realities and many mistakes.

 

[Indy_UK]

It’s taken a fair bit of time to realise and it’s hard for me to say as I’ve been a big fan of his for the longest time but…


Bob Iger is the issue and he needs to go.

There, I’ve said it. When you really look at it, he’s throwing everyone under the bus to maintain this ‘ride of a lifetime’ God like status that he thinks he has.

When he does eventually go ( probably joining as the one more haunt within the haunted mansion ) then quite a few need to go with him too, otherwise the rot will just continue.

 

[Cliff]

I dunno....I nominate Nelson Peltz as CEO. I'm guessing that he is one guy that would REALLY clean house if he had the chance. He also seems to be the only guy that the company actually fears...hehe

 

[Sirwalterraleigh]

I dunno....I nominate Nelson Peltz as CEO. I'm guessing that he is one guy that would REALLY clean house if he had the chance. He also seems to be the only guy that the company actually fears...hehe

…oh you’re gonna hear from him again real soon

Stay tuned

 

[jpeden]

I dunno....I nominate Nelson Peltz as CEO. I'm guessing that he is one guy that would REALLY clean house if he had the chance. He also seems to be the only guy that the company actually fears...hehe

…oh you’re gonna hear from him again real soon

Stay tuned

If he doesn’t get his dividend his proxy war will be back in full effect. Iger might be playing with fire on that one. Peltz will get his $$ or his pound of flesh.

 

[Tha Realest]

If he doesn’t get his dividend his proxy war will be back in full effect. Iger might be playing with fire on that one. Peltz will get his $$ or his pound of flesh.

No movement on dividend, no public movement on succession, and the stock is almost at the same price as its early COVID low. Has to be a tantalizing target for Peltz to come back to

 

[Cliff]

…oh you’re gonna hear from him again real soon

It seems that Disney is not affraid of their investors (with the exception if Blackrock) Disney is not affraid of their customers either. It seems to me that the Disney board IS affraid of Nelson Peltz for some unknown reason.

This makes me think: "If Disney and Iger are scared of Nelson Peltz...this must be a very GOOD thing for the fans!"

Help us Nelson Peltz....you're our only hope!