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

[Casper Gutman]

Numerous reputable polling firms disagree with you.

Uh-huh. And what's driving issues with "Public perception?"

Old news. The disruption has gone on for 4 years already.

Yes. There was a major technological disruption, a global pandemic that altered theater-going habits, and a historic strike. 4 years is not an unprecedented period of time to find a new "normal" given those conditions.

Netflix and Amazon can make it work.

Gee, do you think Amazon might have another core business besides streaming? And Netflix (whose recent stumbles caused Wall Streets streaming panic) has how many years of head start?

Factually wrong.

Factually correct.

They can’t do anything with 2 seats. Not a thing.

This claim has repeatedly been shown to be absurd and I don't believe you believe it.

 

[Brian]

Marvel is the most successful film franchise in Hollywood history.

The British empire was the most successful empire in world history.

 

[Casper Gutman]

Yes but what has it done lately?



That’s all that matters.

Yes, burning everything down after 30 hits because of one underperformer and one bomb (with a hit in between) is exactly the kind of logic we're dealing with here.

 

[Sir_Cliff]

It is exceptionally large, and as a publicly traded company, Disney should be doing all it can to ensure good shareholder returns on this massive investment.

Honestly, if your position is that Iger is proposing to spend too much money on the parks too quickly, maybe you do want Peltz and Rasulo going over the plans with a fine-toothed comb.

What I find less understandable is anyone complaining the spending hasn't come even quicker with splashy announcements and shovels in the ground who supports a pause for greater scrutiny over the ROI of the proposed spending which will almost certainly result not just in delays, but cancellations and cost-cutting.

 

[monothingie]

Uh-huh. And what's driving issues with "Public perception?"

Irrelevant the reason. All that matters is that it is being affected.

Yes. There was a major technological disruption, a global pandemic that altered theater-going habits, and a historic strike. 4 years is not an unprecedented period of time to find a new "normal" given those conditions.

You’re moving the goal posts. Is it is a crisis or the “new normal”?

Gee, do you think Amazon might have another core business besides streaming? And Netflix (whose recent stumbles caused Wall Streets streaming panic) has how many years of head start?

Irrelevant who the parent company is. Amazon has moved past D+ in multiple ratings and subscriber matrices.

Factually correct.

Not counting Avatar 2 which Disney only distributed, Lightstorm took the majority of box office. 2022 and 2023 were awful years for Disney.

This claim has repeatedly been shown to be absurd and I don't believe you believe it.

Basic math 2 is smaller than 10.

 

[BrianLo]

All of this is last ditch desperate noise from Trian. I look forward to 17% for Peltz on Wednesday and the trolls having to put their Peltz action figures away.

 

[monothingie]

Yes, burning everything down after 30 hits because of one underperformer and one bomb (with a hit in between) is exactly the kind of logic we're dealing with here.

Including WF in 2022, the only Disney movie that broke even in 2023 was GOTG v3. Their D+ offerings performed just as poorly.

The trend is going the wrong way. They may have been great in the past but that doesn’t help the future.

 

[Casper Gutman]

Irrelevant the reason. All that matters is that it is being affected.

And, with specifics, how would you improve that perception?

You’re moving the goal posts. Is it is a crisis or the “new normal”?

Reading comprehension. "New normal" comes after a crisis. No one, including Trian and Wall Street know what Hollywood's "new normal" looks like. I've repeatedly asked our Trian fans what they think it looks like - no answers.

Irrelevant who the parent company is. Amazon has moved past D+ in multiple ratings and subscriber matrices.

Do you think this might be because Amazon bundles its subscriptions with Prime service?

Not counting Avatar 2 which Disney only distributed, Lightstorm took the majority of box office. 2022 and 2023 were awful years for Disney.

This is such an utterly disingenuous take. By this logic, Mario isn't Universal, it's Nintendo. In 2022, Disney had the number 1, 4, 6, and 8 films.

Basic math 2 is smaller than 10.

You and Trian are not fighting this hard and spending this capital for "no power."

 

[Casper Gutman]

All of this is last ditch desperate noise from Trian. I look forward to 17% for Peltz on Wednesday and the trolls having to put their Peltz action figures away.

I'd love it if you were right, but I think you may want to brace yourself.

 

[Casper Gutman]

Including WF in 2022, the only Disney movie that broke even in 2023 was GOTG v3. Their D+ offerings performed just as poorly.

The trend is going the wrong way. They may have been great in the past but that doesn’t help the future.

This is poorly worded, but WF, Strange 2, and Thor 4 all did better then "break even" in 2022.

Essentially, the trend is... one film.

 

[BrianLo]

Not counting Avatar 2 which Disney only distributed, Lightstorm took the majority of box office. 2022 and 2023 were awful years for Disney.

That is exceedingly dumb, trying to write away Avatar 2 is hilarious. Though consistent, because I know being 15 months out from the second biggest movie of all time hurts the Disney is doomed arguement.

But fine, Mario also only half counts since Nintendo was in the equation - so I’m glad to learn from you Disney won the 2023 box office year as per your ‘math’. I guess we’re back up to 7? Facts on alternative facts.

 

[BrianLo]

I'd love it if you were right, but I think you may want to brace yourself.

I hope so! I just think it’s all noise driven by Trian. They are trying to get their voting blocks all to declare aggressively loud and early to seem like they are winning in early polling. It was also the limpest recommendation from ISS, they still could only gather a 40% vote against Eisner and that had way more momentum than this does.

I mean, if not we can reverse troll together as Peltz destroys the company we love, so there’s that minor compensation. Paul Pressler for CEO 2026!

 

[BrianLo]

This is poorly worded, but WF, Strange 2, and Thor 4 all did better then "break even" in 2022.

Essentially, the trend is... one film.

Indeed!

Rank | Movie (Distributor) | Profit

1. Avatar: The Way Of Water (Disney) – $531.7M
2. Top Gun: Maverick (Paramount) – $391.1M
3. Minions: The Rise of Gru (Universal) – $382.0M
4. Doctor Strange in the Multiverse of Madness(Disney) – $284.0
5. Black Panther: Wakanda Forever (Disney) – $259.0M
6. Jurassic World Dominion (Universal) – $229.7M
7. The Batman (Warner Bros) – $177.0M
8. Puss In Boots: The Last Wish (Universal) – $120.2M
9. Thor: Love and Thunder (Disney) – $103.0M
10. Smile (Paramount) – $101.0M

 

[Trauma]

Peltz has already won, this is over.

Doesn’t matter if he gets a board seat.

I’m also personally pleased to know the coward in charge has been weakened.

He will be looking to spend time with family soon.

Finally some hope for the future.

 

[JoeCamel]

Such as? I would genuinely be curious to know their screwups.

Recently 6.1% in 2022 and it was a bull market?
Long string before that, if I were in that plan I would be trying everything I could to move out.

 

[monothingie]

hat is exceedingly dumb, trying to write away Avatar 2 is hilarious. Though consistent, because I know being 15 months out from the second biggest movie of all time hurts the Disney is doomed arguement.

Lightstorm, Cameron’s production company, entered into that agreement when these things were greenlit dating back to Fox.

You comparing it to the licensing of the movie rights for Mario is apples and oranges. Most of the risks and expenses for Avatar were on Cameron, Disney just distributed it. Licensing Mario put the risk under Universal.

Regardless, the cut of the box office to universal for Mario was likely significantly higher as percentage than it was to Disney from Avatar.

 

[monothingie]

Recently 6.1% in 2022 and it was a bull market?
Long string before that, if I were in that plan I would be trying everything I could to move out.

The average return for all three major averages in 2022 was around -20%. So 6.1% is pretty impressive.

Don’t believe me, look for yourself.

 

[Ayla]

Recently 6.1% in 2022 and it was a bull market?
Long string before that, if I were in that plan I would be trying everything I could to move out.

Can individuals move themselves out?

 

[JoeCamel]

The average return for all three major averages in 2022 was around -20%. So 6.1% is pretty impressive.

Don’t believe me, look for yourself.

What big stocks pulled that down?
None that I own
Where did the money go? It left for better investments

 

[Brian]

Based on $DIS performance this week, I think investors have a Peltz win built in at this point. I'd expect to see a $5-$10 per share drop if he ends up losing on Wednesday.