Jrb1979
Well-Known Member
Nobody has said they will go bankrupt.
-
Welcome to the WDWMAGIC.COM Forums!
Please take a look around, and feel free to sign up and join the community.
News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026
- Thread starter DCBaker
- Start date
Nobody has said they will go bankrupt.
Disney is a struggling company. I don’t see an end in sight.
I don’t think there is an end in site. Disney company is really struggling right now. Disney’s family brand has been hurt and audience trust is gone as reflected in stock price. Disney has lost half its valuation since 2021.
Disney's Slow Death?
With the return of Bob, the lower park attendance numbers, the massive loses of Disney +, the repeated flops at the box office (even the Marvels franchise?!?), and the political backlash from the previous Field General's clumsy effort at supporting inclusion.... are we, in fact, witnessing the...
Tom P.
Well-Known Member
Objection, Your Honor. Assumes facts not in evidence.
You are assuming that there are problems with the story -- such as it being redundant -- other than simply the race of the characters.
First off, I'd submit that I see nothing in Disney's recent history that suggests they would be averse to producing a redundant or derivative story. Heck, what percentage of their big tentpole feature film releases over the past several years have been live action remakes of previous animated films? What percentage of their TV shows are spinoffs, sequels, adaptations, etc.? Just how many Marvel movies can they make? I think Disney does "redundant" ad nauseum, in fact.
But, setting that aside, I still see nothing in her comments that suggest that kind of motivation. Again, this was a discussion specifically about how they are making their products more "diverse" and "inclusive." The only facts that she presented us were that they got a good script with a good story, but turned it down because the main characters were white. That's it. The clear implication is that they would have produced the script if the characters had been of another race. She, in her own words, makes it clear that race was the deciding factor.
And I want to be clear here. I'm certainly not suggesting that Disney can't or shouldn't produce shows with non-white main characters. But I think for an entertainment company which is admittedly having trouble right now to just make a blanket statement that they are just not doing anything that features white people anymore is problematic at best.
_caleb
Well-Known Member
Where are the principles that say this?
Your interpretation is only clear to those intent on hearing everything through an ideological lens not shared by the speaker.
Here you’ve introduced additional things not present in the comment you’re referring to.
Don’t you guys keep complaining about gender— and race—swapping in Disney films? If Disney had a good script that featured a White protagonist, don’t you think the they’d just swap the characters or something if that was their only goal?
Rteetz
Well-Known Member
Train has nominated Peltz and Jay Rasulo for the Disney board.
lazyboy97o
Well-Known Member
I eagerly await the lionizing of Jay “I can’t stand to be in a theme park” Rasulo from people supposedly concerned about the parks.
LSLS
Well-Known Member
This probably gives some insight into who he wants to take over from Iger.
MerlinTheGoat
Well-Known Member
If there was anyone who was still delusional enough to think that Peltz was a force of positive change for Disney, hopefully this puts a definitive end to any of that ridiculous nonsense. If you thought Iger was rock bottom and things couldn't possibly get any worse, woof...
Dranth
Well-Known Member
Some are so blinded by their hate of Iger (earned or not) that they will fall for it.
MerlinTheGoat
Well-Known Member
I absolutely detest Iger, he's awful. But there are no heroes in this conflict, no remotely decent choices on the table. Understanding that Peltz/Rasulo would be an even worse choice is simply admitting that we're forced into harm reduction mode to pick the lesser evil. And that IS a sad fact of the matter...
GimpYancIent
Well-Known Member
Fair to say things are boiling down to accepting the lesser of the evils.
Disney Analyst
Well-Known Member
Welcome to corporate America.
She never said "because of DEI we're choosing lesser but more diverse scripts". The presumption of her remarks is that, all things being equal, the more diverse scripted win.
Dranth
Well-Known Member
I can see why people look at it that way. I'm not a fan of Iger but I look at him as more of a symptom of modern business so expect similar or worse going forward. What I have no doubt of, Peltz represents that worse in every possible way so yes, Iger is absolutely the lesser of two evils.
TalkingHead
Well-Known Member
Not rhetorical, what’s worse than Iger? At some point you have to accept the company is on a trajectory that doesn’t depend on specific management personalities.
Ayla
Well-Known Member
Peltz, or anyone he would want in charge.
Here's the new statement from Disney on the Peltz news.
The Walt Disney Company (NYSE: DIS) confirmed today that Trian Fund Management, L.P., alongside certain affiliates, including Trian’s previously disclosed partnership with Isaac Perlmutter pursuant to which it obtained beneficial ownership of Mr. Perlmutter’s Disney shares (collectively, “Trian”), has provided notice of its intent to nominate two individuals for election to the Company’s Board of Directors at the 2024 Annual Meeting of Shareholders.
Disney has an experienced, diverse, and highly qualified Board that is focused on the long-term performance of the Company, strategic growth initiatives including the ongoing transformation of its businesses, the succession planning process, and increasing shareholder value.
The Governance and Nominating Committee, which evaluates director nominations, will review the proposed Trian nominees and provide a recommendation to the Board as part of its governance process.
The Company expects to file preliminary materials with respect to the 2024 Annual Meeting of Shareholders with the Securities and Exchange Commission (“SEC”), which will include the Board’s recommended slate of director nominees. Disney shareholders are not required to take any action at this time.
thewaltdisneycompany.com
The Walt Disney Company (NYSE: DIS) confirmed today that Trian Fund Management, L.P., alongside certain affiliates, including Trian’s previously disclosed partnership with Isaac Perlmutter pursuant to which it obtained beneficial ownership of Mr. Perlmutter’s Disney shares (collectively, “Trian”), has provided notice of its intent to nominate two individuals for election to the Company’s Board of Directors at the 2024 Annual Meeting of Shareholders.
Disney has an experienced, diverse, and highly qualified Board that is focused on the long-term performance of the Company, strategic growth initiatives including the ongoing transformation of its businesses, the succession planning process, and increasing shareholder value.
The Governance and Nominating Committee, which evaluates director nominations, will review the proposed Trian nominees and provide a recommendation to the Board as part of its governance process.
The Company expects to file preliminary materials with respect to the 2024 Annual Meeting of Shareholders with the Securities and Exchange Commission (“SEC”), which will include the Board’s recommended slate of director nominees. Disney shareholders are not required to take any action at this time.
Statement From The Walt Disney Company - The Walt Disney Company
The Walt Disney Company (NYSE: DIS) confirmed today that Trian Fund Management, L.P., alongside certain affiliates, including Trian’s previously disclosed partnership with Isaac Perlmutter …Read More
thewaltdisneycompany.com
Dranth
Well-Known Member
Peltz.
Iger can go and I doubt many here will shed any tears at this point, but you can't replace him with someone who's beholden to a guy whose entire business strategy is finding undervalued companies so he can go in and sell off the parts for profit leaving a gutted shell of a company that he then claims is in great shape.