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

[Sirwalterraleigh]

In order -

1. First and foremost a solid succession plan. I'm pretty sure everyone here agrees.
2. Continued return on investment. Not anything earth shattering there.

Anything else is just talking points for analysts on CNBC.

It’s either:
A. Money
B. See “A”

 

[Sirwalterraleigh]

Great, now show me the currently available candidate who supports that? There aren't any, hence the problem with the people voting for Peltz. Those withholding who claim not to want him there are hoping everyone else does enough to keep him out. I say why chance it?

Shoot down Peltz and start an actual referendum on Iger himself if people want him gone.

None of them…which means getting to a new management/philosophy is tantamount.

We not back in “binaryville” again, are we?

Bob will take any success as a
Mandate…because that’s all he hears.

Are you disputing this all isn’t just an ego trip? That’s bold

 

[Sirwalterraleigh]

Disney can't comment on the vote total. That would be illegal. The fact that this is being treated as gospel when it's from an anonymous source is stunning.

People long have believed hearsay crap from the world of Disney. That’s a big reason why we’re here…
…if it ain’t broke…

 

[Dranth]

“Neither has run a company into the ground”

Meanwhile, the company they’ve helped run since at least 2018:
View attachment 775548

Cool, now compare that to other companies in the same industry and how they did over that same time like say Paramount:

How about Warner Bros:

Maybe Lions Gate:

Comcast:

So, over the five year range you selected, that included a pandemic, a MASSIVE shift in how entertainment in consumed, an over reaction by Wall Street followed by an over correction, Disney is up 10%, which is better than all the other major studios and their closest competitor. Seems like a good board to me.

 

[Sirwalterraleigh]

I'll give it a stab.

Best I can tell, neither has run a company into the ground or raided one to unnecessarily sell off parts for short term stock gains. That already sounds like an improvement over Peltz.

ETA: I should include that one of the biggest problems I have with Peltz, other than some of his gross social commentary, is that in practice, he operates like your run of the mill corporate raider. He comes in, cuts costs to the bone to improve margins and makes lots of money doing it. Disney needs change but how does that kind of change help us?

I’m not sure it will help at all…but the current management and board have made massive mistakes…

And though they’re slashing costs (that will show the fruit later) now…it’s not good for the creative side.

How is doubling down on fail a positive?

 

[Sirwalterraleigh]

Cool, now compare that to other companies in the same industry and how they did over that same time like say Paramount:

View attachment 775551

How about Warner Bros:

View attachment 775552

Maybe Lions Gate:

View attachment 775554

Comcast:
View attachment 775555

So, over the five year range you selected, that included a pandemic, a MASSIVE shift in how entertainment in consumed, an over reaction by Wall Street followed by an over correction, Disney is up 10%, which is better than all the other major studios and their closest competitor. Seems like a good board to me.

So all those media companies…have the ability to make profits like Disney does?

Might be a bit apples and oranges.

Though I’ll admit that the changes to the box office and broadcast have caused huge hits to media companies…including Disney. But they have more arrows in their quiver

 

[Disney Irish]

It’s either:
A. Money
B. See “A”

See point 2 of my post.

 

[Dranth]

I’m not sure it will help at all…but the current management and board have made massive mistakes…

And though they’re slashing costs (that will show the fruit later) now…it’s not good for the creative side.

How is doubling down on fail a positive?

We agree on a lot of things with current Disney but this just isn't one of them. It isn't doubling down; it is avoiding a worse scenario. There has not been a single credible path laid out for the type of changes you want that are improved by any of these alternative slates. They only have down side.

 

[Sirwalterraleigh]

We agree on a lot of things with current Disney but this just isn't one of them. It isn't doubling down; it is avoiding a worse scenario. There has not been a single credible path laid out for the type of changes you want that are improved by any of these alternative slates. They only have down side.

Nothing Bob has proposed since his he dismounted his white horse 18 months ago indicate any “improvement” to the problems that were hatched under his previous reign.

Not one of them.

We can agree to disagree.

 

[Dranth]

So all those media companies…have the ability to make profits like Disney does?

Might be a bit apples and oranges.

Though I’ll admit that the changes to the box office and broadcast have caused huge hits to media companies…including Disney. But they have more arrows in their quiver

They did, except for Comcast who has nearly everything Disney has plus a built in utility people can't live without. Yet even with that Disney is now outperforming them today, the 5 day, the 1 month, the 6 month, the year to date, the 1 year, and the 5 year.

 

[Dranth]

Nothing Bob has proposed since his he dismounted his white horse 18 months ago indicate any “improvement” to the problems that were hatched under his previous reign.

Not one of them.

We can agree to disagree.

I get your pessimism, but one question. Does the comments from Steve for example that we have a lot to look forward to and that things are happening not even give you pause?

I know you need shovels in the ground and a ladder on site and again, I don't blame you for that, but it looks like the effort is there, it's coming. That does not forgive the lack of movement in the past but I'll take improvement while we wait out the rest of Iger's term over Peltz coming in to stick his fingers in every last investment they are trying to make.

 

[wdwmagic]

I get your pessimism, but one question. Does the comments from Steve for example that we have a lot to look forward to and that things are happening not even give you pause?

I know you need shovels in the ground and a ladder on site and again, I don't blame you for that, but it looks like the effort is there, it's coming. That does not forgive the lack of movement in the past but I'll take improvement while we wait out the rest of Iger's term over Peltz coming in to stick his fingers in every last investment they are trying to make.

The engine is firing up - there is a lot to come.

 

[Sirwalterraleigh]

They did, except for Comcast who has nearly everything Disney has plus a built in utility people can't live without. Yet even with that Disney is now outperforming them today, the 5 day, the 1 month, the 6 month, the year to date, the 1 year, and the 5 year.

Comcast has had more debt drag for years

And while one infrastructure service they charge has become indispensable…the decline of the previous negates a lot of those gains.

 

[Sirwalterraleigh]

I get your pessimism, but one question. Does the comments from Steve for example that we have a lot to look forward to and that things are happening not even give you pause?

I know you need shovels in the ground and a ladder on site and again, I don't blame you for that, but it looks like the effort is there, it's coming. That does not forgive the lack of movement in the past but I'll take improvement while we wait out the rest of Iger's term over Peltz coming in to stick his fingers in every last investment they are trying to make.

In Orlando?

Not one bit. “$60 billion over 10 years”…
I can smell smoke with the best of them.

Their entire domestic park agenda has been to try and invent new ways of charging more while keeping the same overhead or even shrinking it.

You will not get enhanced parks when they’re not willing to take on the costs. That’s the “secret” their analysts have tried to analyze their way around.

You know how many “insider” guarantees have resulted in a popcorn cart in the parks on boards?
…better get a calculator and a cup of coffee if you want to count them.

Even the most recent buzz around DAK…has a hidden landmine in it we have just glossed over in record time.

 

[Sirwalterraleigh]

The engine is firing up - there is a lot to come.

…only Burbank knows the truth

That’s way above anyone in Orlando or glendales pay grade.

The best case scenario is that Bob feels his manhood is “challenged” by what’s up on Kirkman and it becomes a measuring contest

 

[yensidtlaw1969]

…only Burbank knows the truth

That’s way above anyone in Orlando or glendales pay grade.

The best case scenario is that Bob feels his manhood is “challenged” by what’s up on Kirkman and it becomes a measuring contest

You know that Burbank is made up of people, right?

There are people who know. There are people who are trying to tell you.

And lucky for us, there will be projects that materialize regardless of your disbelief.

 

[Sir_Cliff]

You know that Burbank is made up of people, right?

There are people who know. There are people who are trying to tell you.

And lucky for us, there will be projects that materialize regardless of your disbelief.

There's no winning with people who know because they know even though they don't really know.

 

[Tha Realest]

You know that Burbank is made up of people, right?

There are people who know. There are people who are trying to tell you.

And lucky for us, there will be projects that materialize regardless of your disbelief.

@Sirwalterraleigh ,
Stop with the misplaced skepticism. Those same people from Burbank went to D23 2019 and stood on stage and promised a rejuvenated Spaceship Earth, a new Play! pavilion, a Mary Poppins attraction, a new festival center, and a new China 360 film.

 

[Sirwalterraleigh]

You know that Burbank is made up of people, right?

There are people who know. There are people who are trying to tell you.

And lucky for us, there will be projects that materialize regardless of your disbelief.

Yeah…I was thinking more “executive elevator” than secretarial

There's no winning with people who know because they know even though they don't really know.

There has been so much egg on the face with “insiders” over the years we could run a Dennys

And the reason is always the same: “plans changed”. You see how that might lead into it’s on feedback loop?

I’m not saying I know anything…I’m
Just saying I’m not alone.

And as always…no one hopes I’m wrong more than me…
…I just suck at the conversion rate

 

[Casper Gutman]

@Sirwalterraleigh ,
Stop with the misplaced skepticism. Those same people from Burbank went to D23 2019 and stood on stage and promised a rejuvenated Spaceship Earth, a new Play! pavilion, a Mary Poppins attraction, a new festival center, and a new China 360 film.

Did something significant happen in 2020?