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Rumor Hollywood insiders say there's growing tension at Disney as CEO Bob Chapek chafes at Bob Iger's 'long goodbye'

el_super

Well-Known Member
To who? And why? I can’t wrap my head around that one at all. Care to explain more?

It's just been out there as the inevitable conclusion Wall St is looking for. A lot of the beef Wall St had against Eisner, that eventually led to his ousting was his stubborn reluctance to sell the company to AOL and later Comcast.

When Iger was searching for his replacement, the board kept insisting on someone outside of Disney to take that role. Someone that could bring an outsider's perspective.

Disney under Eisner and Iger, wanted to remain that independent castle on a hill... and that's really the last thing the industry or Wall Street really want.

It would be interesting now if some of the conflict between Chapek and Iger is a holdover of that larger fight with the BOD to keep Disney within Disney and if Chapek is now trying to align himself closer to the BOD to prove himself.
 

lazyboy97o

Well-Known Member
It's just been out there as the inevitable conclusion Wall St is looking for. A lot of the beef Wall St had against Eisner, that eventually led to his ousting was his stubborn reluctance to sell the company to AOL and later Comcast.

When Iger was searching for his replacement, the board kept insisting on someone outside of Disney to take that role. Someone that could bring an outsider's perspective.

Disney under Eisner and Iger, wanted to remain that independent castle on a hill... and that's really the last thing the industry or Wall Street really want.

It would be interesting now if some of the conflict between Chapek and Iger is a holdover of that larger fight with the BOD to keep Disney within Disney and if Chapek is now trying to align himself closer to the BOD to prove himself.
Eisner’s issues were not because he refused to sell the company. If the Board wanted to sell to Comcast then Eisner could not have unilaterally rejected the offer.
 

el_super

Well-Known Member
Eisner’s issues were not because he refused to sell the company. If the Board wanted to sell to Comcast then Eisner could not have unilaterally rejected the offer.

The board was mostly filled with Eisner's picks at that point. I definitely remember a story somewhere on Eisner basically hanging the phone up on AOL and refusing to even talk about selling.

At the time though, the idea of all the media companies being married off to an Internet company was the dream of Wall Street. Time obviously proved them wrong on that, but in the context of the era, it was seen as pretty stubborn of Eisner not to consider it.
 

Lilofan

Well-Known Member
It's just been out there as the inevitable conclusion Wall St is looking for. A lot of the beef Wall St had against Eisner, that eventually led to his ousting was his stubborn reluctance to sell the company to AOL and later Comcast.

When Iger was searching for his replacement, the board kept insisting on someone outside of Disney to take that role. Someone that could bring an outsider's perspective.

Disney under Eisner and Iger, wanted to remain that independent castle on a hill... and that's really the last thing the industry or Wall Street really want.

It would be interesting now if some of the conflict between Chapek and Iger is a holdover of that larger fight with the BOD to keep Disney within Disney and if Chapek is now trying to align himself closer to the BOD to prove himself.
When Comcast tried a hostile takeover of TWDC it was not Eisner. TWDC Board said the Comcast offer to buy out Disney was too low.
 

Lilofan

Well-Known Member
Would't it be great if they both disappeared and they hired someone who came up through the park ranks and actually loves the parks and wants to see the parks at their best and not just a cash cow.
A future CEO for TWDC will never come from Park Ops . The Disney Board made up of outside company execs will never approve of it.
 

lazyboy97o

Well-Known Member
The board was mostly filled with Eisner's picks at that point. I definitely remember a story somewhere on Eisner basically hanging the phone up on AOL and refusing to even talk about selling.

At the time though, the idea of all the media companies being married off to an Internet company was the dream of Wall Street. Time obviously proved them wrong on that, but in the context of the era, it was seen as pretty stubborn of Eisner not to consider it.
Disney was married to an internet company. There are still parts of the company wearing that ball and chain. disneyparks.com redirects you to disneyparks.disney.go.com.
 
Last edited:

Heppenheimer

Well-Known Member
The board was mostly filled with Eisner's picks at that point. I definitely remember a story somewhere on Eisner basically hanging the phone up on AOL and refusing to even talk about selling.

At the time though, the idea of all the media companies being married off to an Internet company was the dream of Wall Street. Time obviously proved them wrong on that, but in the context of the era, it was seen as pretty stubborn of Eisner not to consider it.
Question, has that dream of verticle integration ever actually worked out? AOL-Time Warner quickly slipped back to Warner Media once AOL became irrelevant. And how long did the AT&T-Warner marriage last, a year?

Maybe Comcast-Universal-NBC has proven a more durable marriage, but I don't really see how Comcast has really expanded on its core business by owning the media wing. Its not like Peacock is exclusive to Comcast.
 

𝙲𝚊𝚜𝚝𝙰𝚂𝚝𝚘𝚗𝚎

Senior Director of Disney Genie*
Premium Member
It's just been out there as the inevitable conclusion Wall St is looking for. A lot of the beef Wall St had against Eisner, that eventually led to his ousting was his stubborn reluctance to sell the company to AOL and later Comcast.

When Iger was searching for his replacement, the board kept insisting on someone outside of Disney to take that role. Someone that could bring an outsider's perspective.

Disney under Eisner and Iger, wanted to remain that independent castle on a hill... and that's really the last thing the industry or Wall Street really want.

It would be interesting now if some of the conflict between Chapek and Iger is a holdover of that larger fight with the BOD to keep Disney within Disney and if Chapek is now trying to align himself closer to the BOD to prove himself.
Disney wasn’t the 27th largest company on the planet in 2003. Not even close. The list of potential suitors is short: Apple, Microsoft, Google, maybe Amazon or FB? I am not sure the government would approve Amazon, Apple, or Facebook. Certainly they’d block a Chinese or Saudi takeover of a company that large.

It would be the biggest sale of a company in the history of business, even after accounting for inflation.
 

𝙲𝚊𝚜𝚝𝙰𝚂𝚝𝚘𝚗𝚎

Senior Director of Disney Genie*
Premium Member
Question, has that dream of verticle integration ever actually worked out? AOL-Time Warner quickly slipped back to Warner Media once AOL became irrelevant. And hiw long did the AT&T-Warner marriage last, a year?
Time Warner is a good example of it working if you ignore AOL, as Time Warner Cable was a very profitable distribution arm for them for a while. Comcast and NBCU is working fine and I don’t imagine Comcast regrets that purchase.
 

lazyboy97o

Well-Known Member
Question, has that dream of verticle integration ever actually worked out? AOL-Time Warner quickly slipped back to Warner Media once AOL became irrelevant. And hiw long did the AT&T-Warner marriage last, a year?
Comcast first acquired 51% of NBCUniversal in 2011 and all of it in 2013.
 

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