Sirwalterraleigh
Premium Member
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News Christine McCarthy to step down from her role as Chief Financial Officer
- Thread starter DCBaker
- Start date
pdude81
Well-Known Member
Toys R Us IP has another life. The company is dead and now is just going to have a few big profitable stores in cities, but will probably look a lot more like KB when all is said and done.
Indy_UK
Well-Known Member
It's not rocket science is it? yet...Disney seem to struggle with that concept
Tha Realest
Well-Known Member
Where does that notion come from? Peltz appears to have a problem with the Iger practice of stealing money from the parks to prop up other divisions.
I’m sure they’ll get to starting to spend on that $60bn expenditure any day now.
Dranth
Well-Known Member
I don't disagree with that at all but there are levels to these things and under Chapek they went into overdrive and hit what is frankly a disgusting level of greed. Iger is no savior and I don't think for a second he didn't want similar things as Chapek but how and to what extent they implement these policies matters.
Indy_UK
Well-Known Member
Iger is just perceived as a better Salesman.
Tha Realest
Well-Known Member
Other than hotel parking fees, none of those things have been undone.
flynnibus
Premium Member
Which if you look at the last 6 months.. this is basically exactly what they've been doing. Only selling linear networks is not publicly confirmed because obviously that is sensitive, but they haven't said they AREN'T willing to entertain that.
Dranth
Well-Known Member
Agreed, but the pace and extent has reduced. Does anyone think Bob "Unprecedented demand" Chapek wasn't going to keep up with the multiple price hikes a year? That he wasn't going to stumble around and step on every political landmine he came across? That he wasn't going to continue to approve one mediocre studio project after another?
If nothing else, Iger handles these things better but again, that is not saying we should all celebrate Iger. What we are talking about is what is worse. With that in mind, a Chapek-esk Peltz model is worse than an Iger version. Full stop. Peltz is in it for one thing and one thing only, to make some money and the way he does it is not good for any of us. People can hate Iger and his policies all they want and in many ways, I see why they do, but no one should want Peltz getting his hands on any sort of decision making.
Sirwalterraleigh
Premium Member
If y’all have started to convince yourself Iger is the “right man for the job” again…need to walk it back up the road and reevaluate
Serpico Jones
Well-Known Member
Peltz has lost confidence in Bob Iger.
nypost.com
Disney CEO Bob Iger ‘overwhelmed and exhausted’ during company slump: report
People in Iger’s inner circle told Bloomberg News that the CEO has often joked to confidantes: “Why did I come back?”
nypost.com
So far...admittedly, I do not have detailed knowledge of Peltz. With that said, I have not seen anything "yet" that scares me about him.
Now,...Iger and Disney's "current" board..DOES...scare me. They have done PLENTY to this company that actually DOES severely damage it.
Could Peltz be worse than the current leadership?. Perhaps...but my money is on "no". In fact, Im seriously considering buying about $8k in stock this week on the gamble that Peltz will clean out the rott in Burbank. (Not giving any investment advice)
I think Peltz is exactly what Disney needs and I think fans will get a more attractive product in the end.
flynnibus
Premium Member
Well I won't follow your money then
What Peltz is doing is going drive stock prices because people will be expecting transactions and movement in the stock prices -- But that is actually quite separate from the idea of "Good for Disney". EVERYTHING Peltz does will be about short-term movement of the stock and valuation of assets. It's literally their purpose -- to take undervalued things and then sell it for more.
Peltz sees Disney as a hunk of meat on the table that if he positions it right, trims it up some, decorates it right, he can sell as a high priced plate to different buyers.
If you are interested in Disney as a stock price and how your portfolio is doing... jump on the Peltz wagon. If you give one squeeze about a disney PRODUCT - you shouldn't like anything about corporate raiders.
The only thing good from a Peltz raid is making some things move faster... but not necessarily at the best time/price.
Disstevefan1
Well-Known Member
Peltz has lost confidence in Bob Iger.
Disney CEO Bob Iger ‘overwhelmed and exhausted’ during company slump: report
People in Iger’s inner circle told Bloomberg News that the CEO has often joked to confidantes: “Why did I come back?”
Well I won't follow your money then
What Peltz is doing is going drive stock prices because people will be expecting transactions and movement in the stock prices -- But that is actually quite separate from the idea of "Good for Disney". EVERYTHING Peltz does will be about short-term movement of the stock and valuation of assets. It's literally their purpose -- to take undervalued things and then sell it for more.
Peltz sees Disney as a hunk of meat on the table that if he positions it right, trims it up some, decorates it right, he can sell as a high priced plate to different buyers.
If you are interested in Disney as a stock price and how your portfolio is doing... jump on the Peltz wagon. If you give one squeeze about a disney PRODUCT - you shouldn't like anything about corporate raiders.
The only thing good from a Peltz raid is making some things move faster... but not necessarily at the best
I think that the ultimate goal for every company and every investor is to create products and services that people find atteactive. You make things that people WANT to blow their hard earned money on...and that makes YOU money. Disney has damaged it's brand severely and that problem is creeping into every industry that Disney operates in.
Going further...it looks to me that Burbank does not know why this is happening and refuses to recognize the issue. It's:
"full steam ahead...we are too big and strong and not even God can sink us...that's why we don't worry about icebergs"
If Burbank is so out of touch with their customers that they are mystified as to why their problems exist? Yeah...we need a new CEO and a new Board.
On parks?...how many years has there been a giant, ugly crater in Epcot? Why?...so they can build an event stage, a walk through water pump and rockwork attraction and a bunch of park space with trees and benches? How many years? That should have been a 1 year or 18month project! Instead...they left a giant MESS in the middle of a premiere park for years...and years...and years...and years? FOR "THAT"??
There is something SEVERELY wrong in Burbank today. This is one tiny example of it. How about Disney's push on destroying "Snow White" with their next activist movie that nobody asked for?
Ugg...the list is endless and I hope Peltz at the very least clears out Burbank and sells the parks ti a buyer that cares about them. Sell WDW and Disneyland to Tokyo! They take CARE of them!!
el_super
Well-Known Member
He's worried that the prices increases are going to ruin the parks business, but that doesn't mean he's advocating for investments in the parks. I don't think he's come out yet to say yay or nay on the 60 billion proposed for parks. He definitely strikes me as the type to want that money going into a dividend rather than re-investment.
He's making the bet that, if park prices stayed low, and investment stayed lower, the parks would still be profitable for years to come. He's probably right too.
flynnibus
Premium Member
Disstevefan1
Well-Known Member
Disstevefan1
Well-Known Member
I didn't want to believe this, but I am beginning to.
Even when things were good there were folks who hated TWDC for whatever reasons.
Today, there are a lot of quiet folks who previously loved the brand, now quietly detaching themselves from TWDC.