Sirwalterraleigh
Premium Member
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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
GhostHost1000
Premium Member
Just gotta keep the Schwartz from getting twisted
Sirwalterraleigh
Premium Member
Well…I don’t know if it matters…but when Iger was stashed in Mikey’s old office…the Dow was 10,000 flat and yesterday 34,500
The S&P you say? 1,100 then…4,500 yesterday.
Turns our money people always convince each other they’re worth more tomorrow - no matter what.
I believe the term is “systemic”
Br0ckford
Premium Member
I thought is was "synergistic " are we done with that one now that they are looking to sell off parts?
Robbiem
Well-Known Member
I think Disney have lost their synergy
Back in the day they were much more clever, maybe its easier to join up the dots when you have less of them to play with?
SamusAranX
Well-Known Member
Disney should have never acquired fox and I will die on that hill
Sirwalterraleigh
Premium Member
It was pointless
A shiny toy for a couple of media egomaniacs
And of course the Murdochs screwed them
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Skibum1970
Well-Known Member
Or the Murdochs took them to business school.
Tha Realest
Well-Known Member
The biggest parts of the 20CF acquisition, as I understood it at the time, was the stake in Star India and the film catalogue.
They’ve done nothing with the latter (excepting Avatar) and are now told the Indian streaming market is comprised of undesirables.
Sirwalterraleigh
Premium Member
Is there a difference?
I hear the Sydney school of economics is pretty good though…
SamusAranX
Well-Known Member
That and now they have full access to most of marvels catalogue. But they should have just bought the rights
Sirwalterraleigh
Premium Member
Avatar is Lightstorm…so Disney collects nice distribution and partial financing Fees…
But beyond that? What was the point? Did they even check the catalogue?
They got rights to the original Star Wars…which they have systematically taken morning dump on before the buy and after…
But what else? Some MCU stuff that “problematic” on a good day?
Stupid move. All on you, Bob
FettFan
Well-Known Member
It wasn’t the Murdochs…it was Comcast pulling a Rope-a-Dope by luring Iger into paying $20b more.
TalkingHead
Well-Known Member
Movie business is in total disarray. Disney’s recipe for blockbusters is unsustainable, and the less said about their creative approach, the better. They can’t attract the general audience that defined their brand for decades.
The movie productions link to streaming and the synergy with the parks. Those things become shakier if the movie business isn’t churning out reliable hits.
So you ask yourself would someone extend their contract in this environment? The media Disney specializes in has been devalued across the board. The phrase lger keeps using to describe his contract extension is “transformative work.” Given where movies are, have to think that includes major changes beyond ESPN, ABC, etc. Iger’s never taken to the parks and resorts business the way his predecessors did. Do the math and odds are three years from now the company looks vastly different than it does today.
The movie productions link to streaming and the synergy with the parks. Those things become shakier if the movie business isn’t churning out reliable hits.
So you ask yourself would someone extend their contract in this environment? The media Disney specializes in has been devalued across the board. The phrase lger keeps using to describe his contract extension is “transformative work.” Given where movies are, have to think that includes major changes beyond ESPN, ABC, etc. Iger’s never taken to the parks and resorts business the way his predecessors did. Do the math and odds are three years from now the company looks vastly different than it does today.
flyerjab
Well-Known Member
Yeah, I never understood this move. The Fox purchase was odd. Was this to simply beef up their content on Disney+? I can’t see any other reason for this. Hindsight for what it’s worth, this was not a well-thought out maneuver by Bob. Overpaying for content to add to a streaming service. And wow, has the industry underestimated the potential profitability of streaming services. Flood the market with them and look what happens when you are not Netflix.
The other issue with Disney+ is their own content. Kept as a more family centric streamer, it limits their viewing audience to young families or older folks for the nostalgia of a bygone era. This forces Disney to lean way too much on the Marvel and Star Wars franchises. In return, too much Marvel created the issue of having to watch everything to stay connected to the overall universe of characters and interconnected storylines…this becomes more work than enjoyment at this point. And as far as Star Wars goes, I have no idea where to start with this colossal flop. No cogent direction, and too much concern for Easter eggs instead of plot (that’s why Andor was by far the best addition to the SW catalogue…truly original take, fresh ideas, amazing dialogue and acting l, with only some hidden references). I had hope that Happy Hogan and the cowpoke would turn this around after the first season of the Mandalorian. But so much of what the have been focusing on is rehashing their animated characters, or playing fan service for things like Babu Frik. No thanks.
And adding the Fox catalogue to this has done nothing for them at this point.
Sirwalterraleigh
Premium Member
Well the story was - no real reason to doubt it - that Comcast and Disney started a peeing match, the Murdochs turned the screws, Iger bit and Brian Roberts said “psych”
Roberts is very savvy…and has history around Disney from years ago…
I think he just goaded them in…knowing Iger was around talking about how everything he bought “cheap” turned to gold…
He played right into two sharks hands
Animaniac93-98
Well-Known Member
Keeping Iger on as CEO is as much for the board to protect itself and stock value as it is to protect Iger himself.
Having him stay on projects an image of stability and confidence that investors like to see...even if there is a panic behind closed doors.
Having him stay on projects an image of stability and confidence that investors like to see...even if there is a panic behind closed doors.
Tha Realest
Well-Known Member
People much smarter than us are convinced it’s a way to magically wipe hundreds of millions in box office losses off the books without any drag on the company whatsoever