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

Sirwalterraleigh

Premium Member
Iger will cruise to an easy victory. Business will continue as usual in all areas of TWDC..
Of course he will…now he’s using it to stroke his ego…

Which means all the stuff you love that’s rolled down the tracks the last five years?…get ready for another big, creamy sausage gravy covered helping of it.

I would love to be proven wrong…sign me up and I’ll be here to make the proclamation
 

BrianLo

Well-Known Member
It’s not a conspiracy…it’s that anything on Wall Street is subject to “things change” doctrine.

Disney fans are really clueless to the SEC. That isn’t a “violation”…it’s a financial tactic used every day without batting an eye.

They spin bankruptcies as “positive”

Let’s just see how it goes? Bobs under immense pressure. That last quarterly was PR designed crap and people celebrated it here…until you look at it.

By all means. But it was a comment made 65 days into a 91 day quarter about said quarter. Not a lot of leash there.

I’m surprised based on what he is saying about WDW. But they’ve splashed it on their investor page.

And actually Bob has lied before, I know this fully. He lied about SDL’s cost over runs. I’m aware of his ability to mislead. But this would be more flagrant. And really your argument is very precariously placed, I wouldn’t really double down on this one.
 

Casper Gutman

Well-Known Member
I can’t imagine how exhausting this must be for you to be so emotionally invested in a catty fight between a bunch of billionaires over the fiscal stewardship of a decreasingly relevant entertainment conglomerate.
I like Disney. I’ve liked it my whole life. I like Marvel and Star Wars and Pixar. I LOVE the parks and I’ve been very sad about the direction they’ve taken for the last decades.

I criticize Disney because I want to see Disney get better. I don’t want to see its deterioration accelerate, which is the best case scenario for a Peltz win. I’m not looking for schadenfreude. I disagree with Iger but I don’t feel he’s spited me personally and I need revenge. I’m not trying to destroy my political enemies.

I’ve never asked another poster this but… if you feel the things in your post, why the heck are you here?
 

BrianLo

Well-Known Member
I’ve never asked another poster this but… if you feel the things in your post, why the heck are you here?

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Tha Realest

Well-Known Member
I like Disney. I’ve liked it my whole life. I like Marvel and Star Wars and Pixar. I LOVE the parks and I’ve been very sad about the direction they’ve taken for the last decades.

I criticize Disney because I want to see Disney get better. I don’t want to see its deterioration accelerate, which is the best case scenario for a Peltz win. I’m not looking for schadenfreude. I disagree with Iger but I don’t feel he’s spited me personally and I need revenge. I’m not trying to destroy my political enemies.

I’ve never asked another poster this but… if you feel the things in your post, why the heck are you here?
Love and hoping for the best is one thing.

Casting a proxy battle (which, incidentally, finally spurred the company into taking needed corrective action) as an existential crisis is a highly emotional reaction, and your continued framing of this a Manichrean struggle between absolute good and evil takes on the appearance of a religious fervor.

Dial it down a notch. It’s a bunch of billionaires picking fights that don’t care about ANY of us.
 

Sirwalterraleigh

Premium Member
This is a lie and you know it’s a lie.
Maybe it is for you…

But I’ve been around the block for decades and drug through the gutter by a deranged alley cat…

…so my own council…will I give…on who is to be trained.

a certain entertainment company did allow me access to their information for a brief time…and you know why? To analyze consumer spending habits and look for ways to steer them. True story.
 
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Casper Gutman

Well-Known Member
Love and hoping for the best is one thing.

Casting a proxy battle (which, incidentally, finally spurred the company into taking needed corrective action) as an existential crisis is a highly emotional reaction, and your continued framing of this a Manichrean struggle between absolute good and evil takes on the appearance of a religious fervor.

Dial it down a notch. It’s a bunch of billionaires picking fights that don’t care about ANY of us.
Does it occur to you that perhaps all these unlikely folks voicing support for Iger despite their distaste for him… the near unanimity of voices from Wall Street and the entertainment industry… is because this fight does have, at least potentially, existential ramifications?

I know we all love our normalcy bias… nothing ever really changes and history never actually happens. But maybe that’s clouding our vision a bit?

And no one here… absolutely NO ONE… is casting Iger as “absolute good.” Almost every poster advocating for him here has spent YEARS on this board criticizing him. That doesn’t change the fact that right now, in this fight, he’s the much better option.
 

lazyboy97o

Well-Known Member
Two other parks are co-owned. Yes they make half money off them, but they were also previously half in the hole for Hong Kong. Then we’ve got to sprinkle in DCL… which is niche, but not completely immaterial.
Disney actually gets more than half. Disney’s cut of profits from the joint ventures comes after the joint venture has paid expenses to Disney for things like licensing, design and operations.
 

Casper Gutman

Well-Known Member
Maybe it is for you…

But I’ve been around the block for decades and drug through the gutter by a deranged alley cat…

…so my own council…will I give…on who is to be trained.

a certain entertainment company did allow me access to their information for a brief time…and you know why? To analyze consumer spending habits and look for ways to steer them. True story.
This is a small board. For the most part, we recognize one another’s posting style and opinions. You know that most of your opponents in this discussion have been on here for years criticizing almost every move Iger has made in the Florida parks in cutting, insightful ways. In fact, that’s why they’re here - this board is unique for being quite critical of Disney. Yet you feel the need to consistently mischaracterize them, to dismiss them because they are capable of nuance and don’t share your blind rage. At the very least you need to cut that out. If you wanted to go a step further, you might consider why informed posters who have been on “your side” for years are now telling you you’re way off base.
 

Sirwalterraleigh

Premium Member
Love and hoping for the best is one thing.

Casting a proxy battle (which, incidentally, finally spurred the company into taking needed corrective action) as an existential crisis is a highly emotional reaction, and your continued framing of this a Manichrean struggle between absolute good and evil takes on the appearance of a religious fervor.

Dial it down a notch. It’s a bunch of billionaires picking fights that don’t care about ANY of us.
…I mean…close the thread…

Nobody can beat Manchurian 😂

And how did that come about? The boards
The faux imagineer/“I know people”/podcaster types heard “jay Rasulo” and went bezerk with superfluidity

…also the same types that don’t get D’Amaro is the same type from central casting
 

MisterPenguin

President of Animal Kingdom
Premium Member
Did you make that spreadsheet or find it somewhere? If you made it, your commitment is impressive.
I've been keeping track over the years.

All in response to posts that "nobody liked Film X!"

And Film X actually made money and got good reviews.

Data is good.

And certain people made fun of my charts... until a film actually didn't do well, and all of a sudden, look who's quoting stats....

;)
 

Sirwalterraleigh

Premium Member
This is a small board. For the most part, we recognize one another’s posting style and opinions. You know that most of your opponents in this discussion have been on here for years criticizing almost every move Iger has made in the Florida parks in cutting, insightful ways. In fact, that’s why they’re here - this board is unique for being quite critical of Disney. Yet you feel the need to consistently mischaracterize them, to dismiss them because they are capable of nuance and don’t share your blind rage. At the very least you need to cut that out. If you wanted to go a step further, you might consider why informed posters who have been on “your side” for years are now telling you you’re way off base.
They’ll criticize it…to the point it ends at the “safe space” of not disrupting the way things are done.’

Y’all need a shove

It’s not “keep bob or the thing is dismantled and sold for scrap parts”

That’s the goal lines…it misses the entire field in the middle

People are caught up on what they think trian is…not the reason they’re involved and what it represents
 

WoundedDreamer

Well-Known Member
Stepping in here for two seconds amidst what otherwise was an incredible and thoughtful post - shelving projects in the manner it's been done by Warners is absolutely not a good thing. It's not being done for quality control purposes but for Wall Street-driven purposes, and that's a danger to the art form in ways I don't need to articulate for a forum that understands the intrinsic value of storytelling. I have no reason to believe that should this tactic continue to be adopted that Disney (under Iger or otherwise) would have more integrity in pulling the trigger than Warners.
This is a totally fair take. Admittedly, my argument on this point wasn't that good. It was a little bit aggressive and not very convincing. The insinuation from my post is either you agree with me or you like "garbage." And that's not fair to those who see the issue differently.

I'll expand on my point here. You may still disagree, but it should at least give you better understanding of where I'm coming from.

I strongly ascribe to the Steve Jobs philosophy of brands as a bank account. Every interaction with a firm can either deposit or withdraw from the relationship. For example, if someone watches a Pixar film that is really good, that would make people love the Pixar brand more. In short, that would be a deposit into the Pixar brand bank account. If on the other hand someone sees a Pixar film that is not enjoyable, this would withdraw from the Pixar brand bank account. The more positive experiences with the brand (deposits) help people to love the brand. No company will be perfect, so always having a healthy amount of positives to offset any negatives is important.

Withdrawals should be avoided whenever possible. If that takes cancellation, reshoots, or rewrites it's worth it.

Your objection to this seems to be that always avoiding losers might actually hamper art and storytelling. Sometimes, taking a risk with something the studio believes is a loser, might actually net positive results. The studio doesn't always know what will succeed and what won't. It's a fair argument. I still lean towards mimicking the Pixar model of trying to weed out or rework expected flops, but you're not wrong that some classic films were considered duds by studio executives only to take the world by storm.

Cheers!
 

Sirwalterraleigh

Premium Member
Stepping in here for two seconds amidst what otherwise was an incredible and thoughtful post - shelving projects in the manner it's been done by Warners is absolutely not a good thing. It's not being done for quality control purposes but for Wall Street-driven purposes, and that's a danger to the art form in ways I don't need to articulate for a forum that understands the intrinsic value of storytelling. I have no reason to believe that should this tactic continue to be adopted that Disney (under Iger or otherwise) would have more integrity in pulling the trigger than Warners.
Disagree…

All we’ve heard for a decade plus is “brand, brand,brand!”

The brand is the quality of the product…and bad product tarnishes it

It’s not the silly graphic at the front of the movie…
Ok…the marvel one I make except for…that’s cool. But if they take the shield toss out - they’re dead to me too
 

Casper Gutman

Well-Known Member
After the success of Phase 4, Feige is not at all vulnerable. Do you think Disney's board of directors would give up on the chance to make more Marvels, Quantumanias, or Secret Invasions?

In all seriousness, it might be time for Feige to move on. Despite the puff pieces, Kevin Feige was never the singular architect behind the MCU's success. He contributed to be sure. But as much credit should go to the Russo Brothers, Whedon, Favreau, Markus and McFeely, and many others. Feige has been doing this for nearly 20 years. He might be burning out.
If you have any knowledge of Hollywood history, you would understand that what Feige accomplished is unprecedented and breathtaking. No other Hollywood studio has been able to come close, and they’ve all tried. Marvels stumbles came when Feige stepped back, and that has been rectified.

Trying to give the directors equal credit to Feige reflects a fundamental misunderstanding of how Marvel works. It is a producer-driven franchise. The directors have been chosen for their unobtrusiveness, malleability, and willingness to work within Feige’s system. That’s why so many are new directors and very few (only Gunn and Raimi excepted) have anything like a distinctive directorial voice.

Feige’s nemesis is Perlmutter. I’d love to here a defense of his creative track record.
There are various methods of running a business. On one pole is the streamlined business, and the other pole is the conglomerate business. Apple under Steve Jobs (though, increasingly less under Tim Cook) is an example of a streamlined business. Each product in a streamlined business reinforces the other. They work together. Siemens, 3M, and GE are examples of the conglomerate form of business. These firms might own completely unrelated businesses in order to maximize shareholder value. There are advantages and disadvantages to each type.

At different points one style of business might become more stylish than the other. For a time in the 1980s conglomerates were all the rage. That's how Coca Cola ended up owning Columbia Pictures... That's a weird footnote in history. Then a period of divestment will follow.

I'm not always in favor of divestment and streamlining. Having diverse businesses can help ensure the health of the parent business. However, creative businesses are somewhat different. When they become buried within layers upon layers of reporting structure, this can sometimes stifle creativity. Creatives won't be able to talk to the CEO and board of directors because they're off in some remote division way down the chain.

The Walt Disney Company is massive. And I think there's reasons to consider shrinking the size of the firm. Not for short term gain (though, it would unlock shareholder value), but because it would bring the creatives closer to the CEO and board of director. There was a time when Walt Disney Imagineering reported directly to the CEO and not to the Chairman of Parks and... DPEP. Shrinking the business would lead to renewed discipline and focus.
I don’t need a history of Hollywood mergers and acquisitions- I’m very familiar. Disney is not a Coca-Cola style conglomerate. It is a vertically integrated entertainment company in which one division feeds another and the overall organization allows for the efficient exploitation of IPs at every level. No one is worried about losing divisions for sentimental reasons. The justifiable fear is that components will be sold off for short term gain despite the fact that it hurts the company’s long term ability to fully profit off successful content.

The idea that Peltz wants to streamline operations to increase creativity is utterly laughable. Nothing in his history indicates any such desire. He wants to dramatically limit creativity by restricting output to an even more tightly controlled group of IPs very narrowly defined - to minimize risk. The idea that he wants to open up creative pathways is pure fan projection. Peltz is not a blank slate.
The studios could be shrunk dramatically. No doubt about that. I don't see Peltz harming the parks though. He's basically said that he views the parks as the only valuable part of the business. Everything else is imploding or losing money. He's also said he views the parks as dilapidated (which admittedly, they are) and in need of investment to compete with Universal.
He said this in boilerplate PR designed to appeal to fans, just like the cloying pictures of Peltz in the parks. It was an utterly transparent lie. His more detailed proposals make clear he wants to dramatically limit any spending in the parks. Again, Peltz has a history, and nothing in it indicates any actual belief in the parks.
The Disneyland expansion is going to be cemented with a contract. Disney can't get out of it, or else they would be failing to maintain their side of the contract with Anaheim.
It strikes me as naive to believe that Disney could not severely limit or cancel this expansion if they were motivated to do so.
Hmm, maybe you're a Searchlight fan. I don't care about Searchlight one iota. Who cares if they sell it?
Searchlight just won a major Oscar. It’s the division producing the kind of unique, adventurous, non-IP content posters on these boards (many in this thread) claim to want. Eliminating it would be a huge blow to Disney creatively.
This is actually a good thing. If a product is garbage, it's better to never let it see the light of day. It's better to take the financial loss than ever ship something mediocre. Disney, Lucasfilm, Marvel, and Pixar should represent excellence every single time. Period.
This has already been addressed by a poster, but this take is divorced from reality. Product is being shelved for financial reasons… and because of management egos. Coyote vs Acme tested incredibly well - about the same as the franchise-launching Deadpool.

The larger issue is that, as many have said in this thread, Peltz and Iger and other execs are not creative. They hire people who are. The last thing anyone should want is non-creative execs meddling to the degree that they kill completed films out of personal pique or judgements they are unqualified to make. Shelving projects in this way will dramatically limit the creative personnel willing to work for Disney.
This is what Iger has already said he's doing. This is his strategy. So, you're worried that Peltz is going to follow Iger's strategy?
Nowhere has Iger said he’s killing original animated IPs. His tenure has been very strong in that regard. Like any beleaguered CEO he is turning more to sequels like Frozen 4 or Toy Story 5, but that’s not instead of originals. And he certainly isn’t gutting Disney Animation or Pixar as Peltz would or as Universal is doing to Dreamworks.
I think we need to accept that the great streaming boom of the late 2010s/early 2020s is over. Experimental and wacky stuff might not get made as much, because the free money is over. A lot of interesting and cool stuff got made over the last decade. And a lot of bizarre garbage was also made. Hollywood is going to be more disciplined moving forward.
Peak TV is over, yes. That doesn’t mean all innovation is dead. In fact, in a moment when room for creativity is contracting, it seems particularly unwise to welcome executives who will limit it even more. IPs can still provide a space for new, even risky storytelling.

I also wasn’t simply talking about TV. Peltz would limit creativity in film as well - hence the Black Panther example. I invite you to examine the creative track record of Peltz, Perlmutter, and Rasulo.

All of my examples were off the top of my head. The key point is that things can get exponentially worse. The idea that Disney is currently at some sort of nadir is incredible hyperbole.
 

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