Model3 McQueen
Well-Known Member
- In the Parks
- No
MickeyViews posted an update video about the proxy war. Starts at 6:15.
Peltz has 3 bil worth of DIS that's crazy.
Peltz has 3 bil worth of DIS that's crazy.
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News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026
- Thread starter DCBaker
- Start date
Vegas Disney Fan
Well-Known Member
I was intrigued by the idea that Musk could buy a few billion in voting shares and really tip the balance.
Like him or hate him he has the wallet to be a serious thorn in Disney (and Igers) side if he wanted to be.
pdude81
Well-Known Member
Let's hope he learned a lesson running his mouth so much that he was forced to buy Twitter and lose billions in value shortly afterward.
Vegas Disney Fan
Well-Known Member
I’m not sure he’s learned much from Twitter, he bought it at $54.20 a share, it’s currently at $53.70. Despite his actions it’s still doing fine on the market.
His net worth has also increased by about $85 Billion since he bought Twitter, as long as Tesla keeps booming he’s always going to have “stupid” money to do whatever he wants without having to worry about any consequences.
pdude81
Well-Known Member
I believe that's the price as of October 2022 when it was taken private and delisted. He valued the company at about 19 billion when giving company stock options earlier this year (after purchasing for 44B), and that was before this blowup on advertising revenue which caused him to lash out ad DIS and other potential marketing partners.
He certainly has the "wealth" to do what he wants, but I'm not sure he wants to sell off billions in stock at Tesla or SpaceX to start messing around with Disney.
Vegas Disney Fan
Well-Known Member
Curse you google, why are they showing Twitter stock as if it’s today’s price? Thanks for the correction.
That said he still has “fu” money, which I think is why many people have a weird respect for him, I think many people dream of having fu money so they can quit their job, tell off a boss, buy whatever they want, etc… we love the idea of not being held captive by the constraints of money. It’s not so much we like Musk, but we like that he does and says what he wants without worrying about financial repercussions, something we’d like to do but can’t.
Notes from Neverland
Well-Known Member
To be clear, ITM is parroting talking points from CNBC and other reputable outlets while likely not attributing their sources.
_caleb
Well-Known Member
I think Walden has been considered a front-runner since Iger's return. She ran Fox Television and now oversees Disney+/Hulu, Disney TV, and ABC entertainment & news.
Back in Sept., Forbes pointed out how of the 3 execs in the pipeline, each lacks some experience in key areas. Disney used to be a movie studio that also has theme parks, but recently seems to be operating more like a theme park company that also has movie studios. If D+ gets to profitability, I'd bet on Walden taking over after Iger. If not, D'Amaro might have a chance. If the whole thing falls apart, I'd think they would bring in an outsider.
Nland316
Well-Known Member
I actually am a little confused by the role split between Dana Walden and Alan Bergman.
Would Walden not share equal blame on recent box office bombs? If that’s the case, then I see that being pretty disqualifying as a front runner status.
_caleb
Well-Known Member
Bergman seems to be getting more of the blame for box office flops, but I'd say overall the current org structure (built by Iger) isolates execs from blame for failures like that by putting the spotlight on division heads (Kathleen Kennedy, Kevin Feige, Pete Docter, etc.) or individual project leads (Charita Carter, Carmen Smith, etc.).
Disney Analyst
Well-Known Member
Knowing Inside The Magic, they probably stole that info from this years CNBC predictions article:
Big M&A and Bob Iger's future: 13 media executives make their anonymous 2024 predictions
It's the third annual anonymous media predictions list: 13 media, sports and entertainment executives make their best 2024 industry-shaking predictions.
www.cnbc.com
To be clear, the folks at ITM have gone off the deep end. Total click-bait, total drama, overly emotional, plagiarist, and oft downright wrong. Just reading the article in question shaved a few IQ points off of me with the wild leaps of ""logic"" they make based on... nothing.
There's a reason that ITM is one of the websites that won't link on these forums.
JoeCamel
Well-Known Member
You gave them a click?
I put adblock on. It's the kind of site that gives one a virus.
JoeCamel
Well-Known Member
Brain damage too........
Robbiem
Well-Known Member
Warner Bros and Paramount are in merger talks. I wonder if this will mean Bobby I will reluctantly’ have to postpone his retirement to help Disney navigate through the new media environment?
Warner Bros Discovery and Paramount in merger talks https://www.bbc.co.uk/news/business-67782869
Warner Bros Discovery and Paramount in merger talks https://www.bbc.co.uk/news/business-67782869
Indy_UK
Well-Known Member
I didn’t realise how small Warner Discovery and Paramount were in value compared to Disney (of course Disney has the parks)
I can’t believe they are all needing to merge to survive these days mainly because of streaming and people not going to the cinema like they used to.
I can’t believe they are all needing to merge to survive these days mainly because of streaming and people not going to the cinema like they used to.
flyerjab
Well-Known Member
Interesting. I saw on a site we dare not name that a certain person believes the reigns are going to eventually be handed over to Staggs and Mayer after bringing them back as ESPN consultants. The thinking is that they would function as more of a duo akin to Eisner and Wells. The gossip about all of this will be fascinating to follow until it eventually happens.Knowing Inside The Magic, they probably stole that info from this years CNBC predictions article:
Big M&A and Bob Iger's future: 13 media executives make their anonymous 2024 predictions
It's the third annual anonymous media predictions list: 13 media, sports and entertainment executives make their best 2024 industry-shaking predictions.
Robbiem
Well-Known Member
The whole thing is insane. Streaming just seems like another dot com bubble- maybe the studios should have kept their cut from Netflix / Amazon etc rather than all competing with each other. It will be interesting to see how the media world looks in the future- will companies like Sony/Columbia and Lionsgate get swallowed up as well?