The frustration was obvious.
I've sat in the room while another CEO from another "household name" corporation prepared statements. I'm beyond certain that Iger was not only coached by the PR team, with bullet points that were prepared and approved by both PR and compliance/legal, but also coached by some studio people as well. He did this way too well.
I didn't realize the broadcaster part.
I'm not sure it matters how precisely the response was prepared. Preparation is indicative of good judgment and foresight. DeSantis could stand to be more prepared when questions about Disney arise as he frequently comes off as exasperated and resorts to hyperbole, which only heightens the contrast.
He absolutely has a team of people working on the earnings call scripts. They almost certainly anticipated a question related to this dispute and prepared talking points. That being said it didn’t appear to me that he was reading off the page so he’s either a really good actor or it was some hybrid of a prepared and an off the cuff comment. Either way I don’t see why it matters, he came across as the adult in the room. Iger’s response was excellent and he again outclassed and outsmarted the toddler in in the room.
Streaming subscribers down, plus $1.8B impairment charge. Parks segment looked solid. No reason to think this dispute has anything to do with stock being down.
Words can have negative impact and cause collateral damage. Tomorrow will be interesting.
Thanks goof goof. I do think it's generally understood that Bob Iger is reporting out on a report that a team of people build on his behalf for the earnings call. That's not what What we are speaking to. The context is Bob iger's ability to respond to a question. I don't think it was a case of a PR team working Bob over and coaching him on how to respond to that. I believe this is something that he naturally knows how to do after his years of experience as both a broadcaster and a CEO. And let's face it to some people this just comes naturally Even without the experience that Bob has and quite honestly he is likely one of these people.
www.cnbc.com
He really needs to learn when to shut his mouthApologies if already posted but including here for context:
Iger hammers Florida 'retaliation' on Disney's earnings call
Disney isn't the only business in Florida that operates within a special district, CEO Bob Iger said.
And from the article, a quote from the Governor apparently from Friday:
“You can’t have a situation where the legislature has spoken and one company just decides to contract out against the will of the people,” the governor said during an interview with Newsmax on Friday. “At the end of the day, they just have to understand the party is over for them.”
Investor comment boards are very negative regarding this issue.
