Nubs70
Well-Known Member
Divesting of assets is not simply to make a "quick buck", it's removing an underperforming asset by selling it to someone else.
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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
JD80
Well-Known Member
I think you need to take a breath.
And who is he going to hire? What are his contacts? How would he know who's good and who's not? Will he hire Snyder to make another bombastic Rebel Moon?
If a case is to be made that "Peltz can hire better creatives than Iger," then make the case. Tell us what Peltz knows about the creators in the movie biz.
Any argument that "he'll hire better people" is devoid of... an argument. It's just wishful thinking.
See the decade earlier which you conveniently forgot in a sad attempt at cherry-picking.
You and everyone else on #TeamPeltz can only list things you dislike about Iger but never get around to telling us about Peltz's strengths and what his plans are.
Your argument falls apart. It is based on... hate. It is not an argument at all but a angry rant.
Calling for change is fine if you can point out how the new guy will make better choices. But without that, you're setting up Disney to get worse.
Different is not the same as better.
And define "underperforming."
Because that's a loosey goosey term to mean just about anything you dislike.
Dislike ESPN being part of Disney?
1. Look at how much profit ESPN makes.
2. Set a higher bar.
3. Point out that ESPN is underperforming because it's not meeting the bar you just set.
If it's making a profit, it's profit. Why jettison it?
And yes, D+ isn't making a profit right now, but Disney told us that would be the 5 year plan under their SEC guidance.
So, other than D+, what is "underperforming"?
JD80
Well-Known Member
It's same thing that's always underperforming to the people who do performance ranting and bitterness: their failing memory. It's never as "good as it used to be". Some person is going to be a vehicle for making Disney great again.
Disstevefan1
Well-Known Member
If you look through my posts, 2019 and earlier, the favorite quote of mine to post was “TWDC and its theme parks are…… Invincible.” I sincerely believed it! I am mostly a WDW fan, for decades Disney raised prices on everything in the theme parks and the MOBS continued to come, even a global pandemic could not hurt WDW. I truly thought the company was invincible.
I think it was right around the time RCID was dissolved I began to worry. There is not just one factor, that worried me, it was many; Disney’s fight with Florida, just a good story is not enough when making movies, realizing how much money is spent and lost on films, I REALLY HATE (oh, I found a place I am comfortable using that word) I REALLY HATE PARK PASS RESERVATIONS! Genie+ and ILL in the parks does not work and is a money grab, the very sad EPCOT renovation, I could go on.
Now with EPIC coming, I am worried for my beloved WDW, but at the same time I hope it may force the company to do better for its guests at WDW. We will see what happens. As for TWDC going forward, we will again see what happens. Let’s hope for a better showing at the box office in 2024 and forward, like it or not, the box office is still used as a measuring stick.
As for me, if I hurt your feelings in my sarcasm and mocking, I apologize to you. As for Bob Iger, you don’t need to protect him, I think he can take it with is multiple lifetimes of MONEY he has made and will make NO MATTER WHAT HAPPENS TO TWDC!! I am going to be sarcastic and mock him, it goes with the job.
Disstevefan1
Well-Known Member
The sad fact is, the world FOR EVERYONE including Bob Iger is, “what have you done for me lately”.
WoundedDreamer
Well-Known Member
Elemental turned out quite successful?
This is the inflation adjusted gross for every Pixar film. And I know I know Elemental was an original film. See this chart of original Pixar films:
It barely surpassed the Good Dinosaur's inflation adjusted gross. It's a far cry from the days of the Incredibles, Finding Nemo, Ratatouilles, and UP. Coco clocked in at among Pixar's greatest hits. And there's sad old Elemental there at the end. Tell me, how did the media portray the Good Dinosaur's gross? Seeing that Elemental just barely exceeded the Good Dinosaur, you'd think that it would make a good comparison, right?
‘Good Dinosaur’: Analyzing Pixar’s First Box-Office Disaster
Hollywood Reporter‘The Good Dinosaur’: Pixar May Suffer First Loss at Box Office
VarietyOh.
But the media landscape has changed! Streaming has changed everything! People love Pixar just as much, they just stay home and watch it there instead! That's why the Super Mario Bros. Movie (Streaming now on Netflix) did such poor business!
‘The Super Mario Bros. Movie’ Hits $1.3 Billion Globally, Surpassing ‘Frozen’ as Second-Biggest Animated Film of All Time
VarietyOh.
Disney can spin Pixar's decline whichever way they like, but the writing is on the wall. Grosses are going down the tube. They screwed up a BUZZ LIGHTYEAR film. How do you do that? Buzz Lightyear is one of the most beloved characters of all time. He's also super marketable as a toy to kids. And they screwed it up!
Pixar is on the verge of becoming Circle Seven Animation. Nothing more than a glorified sequel factory with no creative freedom to make original films. Why? Because the public doesn't want them.
And as for Lasseter... He doesn't have a good track record? What on Earth are you talking about? He created the most recognizable animated brands and stories of the 2000s. Toy Story, Cars (which easily trounced Elemental and spawned huge toy sales), A Bug's Life (also trounced Elemental). Walt Disney Animation it found its footing only a few short years after his return. Before long he had a hit with Tangled ($840 Million inflation adjusted). And then a mega hit with Frozen.
He's not Miyazaki, he's better than Miyazaki.
WoundedDreamer
Well-Known Member
Disney has no good options. Like I said, Disney is probably doomed either way in the near term. It can either continue its decline under Iger or it least can get someone hostile in there to spice things up. Maybe he'll spinoff ABC/ESPN which would be a good thing. It's better than nothing!
That's right. Iger's extracted every penny out of the parks. They're pretty much ruined at this point. Now it's time for Peltz to take the same approach to Iger's beloved ESPN and ABC.
_caleb
Well-Known Member
How would Peltz accomplish this?
Imagine what could have been if Lasseter got cleaned up and got sober and kept his hands to himself since that was why he got canned.
WoundedDreamer
Well-Known Member
Fire the on air talent. Replace them with cheaper ones. Cut the perks of the jobs. Fire many workers. Sell ESPN/ABC to another firm. The options are endless. I know Disney can come up with creative ways of cutting costs. They should just send a TDO manager to ABC for a week. They would find tons to save!
Greg from Philly
Member
No one on this thread should be defending Bob Iger, he has been an absolute detriment to this company. From his previous tenure of buying, buying and not creating, his failure to maintain the parks (anyone ride Spaceship Earth lately? It is a disaster) to his choice to have Bob Chapek be his successor, to his non-family friendly agenda, to his endless lawsuits the list goes on. At every turn he has taken the integrity of this once great company and crushed it into corporate dust. I really task anyone with naming something he has done that has positively affected their Disney experience. This shakeup in this company is just what it needs....
WoundedDreamer
Well-Known Member
Disney Suffers Fresh Box Office Blow
NewsweekDisney’s box office problems ramp up pressure on CEO Bob Iger and studio chief Alan Bergman
CNBCDisney's long year of box office blunders
Fox BusinessHow ESPN Went From Disney’s Financial Engine to Its Problem
New York TimesESPN profit plunges 20% as Disney gives rare glimpse at finances in hunt for investor
New York PostChip Chipperson
Well-Known Member
Are you aware that ESPN already had a round of layoffs for on-air talent and replaced a lot of the expensive hosts with cheaper ones? So your "Peltz will save the day" scenario involves him duplicating exactly what Iger did 6 months ago. What a refreshing change!
ESPN Layoffs: Zach Lowe Joins The List Of On-Air Talent Who Have Been Let Go
Dozens of ESPN's top on-air presenters have been told that they would no longer be working for the network.
deadline.com
Former Michigan and NBA star Jalen Rose was one of the ESPN sportscaster layoffs. He was making $5M a year. The VP, SVP execs of parks and resorts don't even make that kind of money.Are you aware that ESPN already had a round of layoffs for on-air talent and replaced a lot of the expensive hosts with cheaper ones? So your "Peltz will save the day" scenario involves him duplicating exactly what Iger did 6 months ago. What a refreshing change!
ESPN Layoffs: Zach Lowe Joins The List Of On-Air Talent Who Have Been Let Go
Dozens of ESPN's top on-air presenters have been told that they would no longer be working for the network.
BrianLo
Well-Known Member
Interesting take. I’m not arguing Lasseter is bad, I’m just arguing he’s not the messiah of Pixar.
Nothing undoes his Toy Story and Cars franchises. Or his creative lead cultural heritage that helped transform WDAS back into the studio that could give us Moana and Frozen. In fact I very purposefully praised him for it. But those aren’t his directorial efforts.
Fortunately you are not playing the box office profit card entirely or we’d have to stop praising Tangled (which like elemental has benefited greatly from its post theatrical cultural relevancy). I’m just not sure the version of Lasseter you pine for exists anymore.
I’m also not sure what The Good Dinosaur (a movie produced under Lasseter’s reign) and the Super Mario movie (a movie from another company) have to do with anything I said. Unless you want me to add Miyamoto to the list of people Lasseter isn’t?
You’ve evaded the sticking point. What’s the media landscape saying about Luck and what’s the media landscape CURRENTLY saying about Elemental. The latter found an audience in the end and the former didn’t.
Elemental was the biggest movie on streaming the last four months of the year when it released. It found an audience in the end.