News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026

[𝕴𝖒𝖆𝖌𝖎𝖓𝖊𝖊𝖗97]

He just needs to strap a 'SaveDisney' slogan on what he wants and the Disney 'fans' will follow him anywhere, just like last time.

You have to remember that most of the people who are posting about this are either children or have the financial education of children.

I heard Peltz hates Dinosaur and its ride system. I'm surprised you're not on board!

 

[Disney Analyst]

Over Iger’s nearly 15 year tenure as CEO, Disney’s total shareholder return outpaced the total shareholder return of the S&P500 by over 200%.

Put simply, the company and all of its competitors are in the midst of the greatest disruption to their existing business model in a generation and, for whatever reason, you want to ignore 15 years of astonishing financial and cultural success and chalk up the recent decline in their financial health to someone who transformed the company into the most powerful and successful entertainment company in the world, while ignoring the obvious challenges facing the entire legacy media industry due to COVID, the rapid decline in cable TV subscribers, and the need to invest significant cash into the pivot from a declining business (linear TV) to a growing business (streaming).

Your facts don’t fit their agenda.

 

[TheIceBaron]

I hate how Bob Iger blames Chapek for everything, even though he's made most of the bad decisions the past 5 years. Chapek must have signed something before he left that makes it so he can't say anything. So Iger is using that to try and get off scott free.

Fire Iger

He probably had to sign ironclad non-disparagement and confidentiality clauses to keep his golden parachute.

 

[Trauma]

Over Iger’s nearly 15 year tenure as CEO, Disney’s total shareholder return outpaced the total shareholder return of the S&P500 by over 200%.

Put simply, the company and all of its competitors are in the midst of the greatest disruption to their existing business model in a generation and, for whatever reason, you want to ignore 15 years of astonishing financial and cultural success and chalk up the recent decline in their financial health to someone who transformed the company into the most powerful and successful entertainment company in the world, while ignoring the obvious challenges facing the entire legacy media industry due to COVID, the rapid decline in cable TV subscribers, and the need to invest significant cash into the pivot from a declining business (linear TV) to a growing business (streaming).

Let’s just ignore how he grew it and what he has done with those assets.

 

[Trauma]

Your facts don’t fit their agenda.

His facts are cherry picked to fit his agenda.

 

[HauntedPirate]

'Secret Invasion' was a flaming hot pile of garbage. Worst Marvel series I've watched (but I haven't watched Ms. Marvel, so maybe that could supplant it as the worst). Mando's most recent season was ok but it's slipping. Haven't watched Loki season 2 (yet) or Ahsoka.

 

[Trauma]

6 of the top 10 most watched streaming originals in 2023 were produced by Disney for Disney platforms
View attachment 761761

Since you are a good cherry picker you forget to mention that Netflix dominated the top 30 on this list. When you have almost nothing worth watching on your streaming service it would make sense that the viewership numbers are more concentrated.

 

[Lilofan]

Let’s just ignore how he grew it and what he has done with those assets.

If you were a shareholder for the last 20 years you would be laughing all the way to the bank.

 

[TheIceBaron]

Is Disney’s streaming ratings really the best metric of success? Technically Disney had a lot of top grossing movies in 2023, but against the backdrop of bloated production and marketing budgets, the studios weren’t actually profitable. I think the only success story they have had since Covid is the parks and cruise line.

 

[Stripes]

Let’s just ignore how he grew it and what he has done with those assets.

Iger made a number of successful acquisitions and successfully integrated them into a company that was widely regarded as a dinosaur when he took over. For instance, he purchased the talent at Pixar and successfully used that talent to reinvigorate Walt Disney Animation Studios, which was producing Atlantis, Home on the Range, and Chicken Little.

And while Iger is widely praised for his acquisitions, some of which were essentially dormant or directionless when Disney bought them, his execution and leadership across the company far surpasses the value of those acquisitions.

As just one example, before Iger took over, Disney was churning out DCA 1.0, WDSP, and HKDL. After Iger took over, they invested $1.1 billion in the midst of a massive recession in turning around DCA. And again, execution was fantastic, and the park is now very successful.

 

[TheIceBaron]

If you were a shareholder for the last 20 years you would be laughing all the way to the bank.

Actually if you were a shareholder of Disney in the last 20 years you would be kicking yourself for not investing in most big tech stocks which had leaps and bounds better returns than DIS

 

[Trauma]

Netflix has been able to sell ads at a slightly higher price than rivals by leveraging the pent-up demand from advertisers who had been waiting for its ad tier for years, Insider Intelligence analyst Ross Benes said.

"Because viewers tend to spend more time per day with Netflix than with other streaming services, Netflix's ad revenues are poised to grow significantly," Benes said, adding that "Disney is struggling more right now because they have had all these box office bombs."

 

[TalkingHead]

6 of the top 10 most watched streaming originals in 2023 were produced by Disney for Disney platforms
View attachment 761761

What was their methodology to arrive at those results? I find it hard to believe an Apple title is #3.

 

[Jrb1979]

6 of the top 10 most watched streaming originals in 2023 were produced by Disney for Disney platforms
View attachment 761761

For fans of the parks he hasn't been good at all. WDW is still lacking in enough attractions and basically has since your King got hired. Its time to boot him and all of Burbank and get someone who understands the parks. Not someone who looks at them as place for the plebs to go.

 

[Lilofan]

Actually if you were a shareholder of Disney in the last 20 years you would be kicking yourself for not investing in most big tech stocks which had leaps and bounds better returns than DIS

One word - "diversify" and don't pull all eggs in one basket.

 

[Trauma]

One word - "diversify" and don't pull all eggs in one basket.

Unless you are good at picking baskets.

 

[Lilofan]

Unless you are good at picking baskets.

That's sometimes called insider trading for the ones who do not get caught.

 

[Tha Realest]

They have an Avengers ride they've been talking about for half a decade now...

That part of the problem. Talking. And what little we know of it, it seems to have been greatly dialed back from the original plans.

They don’t seem to have this paralysis when it comes to DVC, cruise ships, or residential living experiences. Why is that?

 

[JD80]

For fans of the parks he hasn't been good at all. WDW is still lacking in enough attractions and basically has since your King got hired. Its time to boot him and all of Burbank and get someone who understands the parks. Not someone who looks at them as place for the plebs to go.

Why do you have to be weird by calling Iger someone's King?

 

[el_super]

Its time to boot him and all of Burbank and get someone who understands the parks. Not someone who looks at them as place for the plebs to go.

This is never going to happen. Even if a CEO "understood" the parks in the same way you think that means, the actions taken toward the parks and the company has a whole are dictated by hundreds, if not thousands of people all trying to achieve bigger overarching goals (like returning shareholder value).

Case in point: one time the company announced they were going to spend 60 billion dollars on parks, and the fans kept asking that the CEO get replaced. Really weird.