Ok, but you don't bring in a known real estate arsonist to try an put out the fire, they'll just put more gasoline on it and watch it burn faster while trying to sell off the ashes.
Ok, and I can get on-board with that. But Peltz is not the one to do it. He honestly couldn't care less about the movies or the Parks, or anything core Disney. He is looking for a return on investment in the form of breaking up the whole it get to the sum of the parts.
Tom Staggs is the ideal candidate to take over the WDC, in my honest opinion. DCA was at its peak during his time as Chairman. Unfortunately, I doubt even he would bring back Tower of Terror and Paradise Pier.
He's literally done it with a bunch of other companies. So his track record suggests he would with Disney too. I'm just not willing to take the risk.
Earliest? End of summer 2024. That would be the end of Q3FY24 earnings, it'll be known by then if things internally are on the right track with the cost cutting and other restructuring.
Yeah right, my guess is he doesn't even know what Tower of Terror or Paradise Pier is, let alone the fact they were in DCA.
It’s the only logical conclusion if the only desire is “Not Iger.” Chapek was worse and Peltz would like he considers business focused and pliant, he’s want more of a Chapek.
This falsely assumes that the OLC is 1) unwaveringly committed to contracts that may no longer apply and 2) would not adjust their business for different markets.
This is just mind boggling in its nonsensical nature that completely ignores Staggs’ role in the Eisner and Iger years.
I don’t need an answer to that question. Who I don’t want is someone who was a major architect of Iger’s tenure and has been recently advising him. You’re saying things are so bad he has to go and we should get the guy he not only used to listen to but is listening to again right now.
