Sirwalterraleigh
Premium Member
Has maintenance gotten that much better?
They swapped checking breaks for letting AAs rot for 10 years
…I mean…I guess?
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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
They swapped checking breaks for letting AAs rot for 10 years
…I mean…I guess?
Sirwalterraleigh
Premium Member
…you’re gonna start trouble with that Brazil thing
Sirwalterraleigh
Premium Member
DCA was a bad idea from the start as the relationship with Anaheim
Went south
Studios Paris was required by contract even though another gate in Paris just added to the disaster
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Sir_Cliff
Well-Known Member
It should be either/or, but I at least hope they learnt their lesson and are not working these attractions until failure anymore.
All of this is to say that you don't have to love Iger's record on the parks to remember that things got pretty grim in the parks division before he became CEO. Declining standards in the parks were indeed one of the big arguments of the Save Disney campaign that would eventually see Iger become CEO.
Sirwalterraleigh
Premium Member
Hey…the previous guy wasn’t a peach…
But the one thing he did was expand. He didn’t close 3 things and add 2. The same can’t be said for whizz-bang IP Bob.
Robbiem
Well-Known Member
Is the Disney company so fragile that it will collapse if two people get board seats? It sounds like a real house of cards to me.
A confident manager would welcome the opportunity to be tested and win the debate in the boardroom. Trying to win by silencing the opposition sounds more like the behaviour of a bully to me. All fur coat and no trousers!
A confident manager would welcome the opportunity to be tested and win the debate in the boardroom. Trying to win by silencing the opposition sounds more like the behaviour of a bully to me. All fur coat and no trousers!
James Alucobond
Well-Known Member
Is it smart to put proven bad actors and/or people who have historically been terrible for this and other companies onto the board even if the result might not be catastrophic?
A confident and stable manager can probably weather the storm, but a competent manager wouldn’t want them anywhere near the team in the first place.
lazyboy97o
Well-Known Member
A well built contemporary hotel should be able to handle a fire very well too that doesn’t mean you should start one.
Stripes
Premium Member
Amy Chang, a Disney board member, served with Peltz on the Procter and Gamble board. Word is that many of the P&G board members loathe Peltz and think adding him to the board was a mistake. He was full of terrible ideas, wasted time in the boardroom, and their focus was on ignoring him more than anything else.
And Peltz publicly admitted to being a bully so we know who the real bully is in this fight.
As other posters have pointed out, just because the company won’t collapse doesn’t mean you invite someone into your home with suspicious intentions, bad ideas, and a distressing history.
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Surferboy567
Well-Known Member
I know we are a few days away from the vote but in this thread’s opinion can we make an educated guess on who wins all this?
Tha Realest
Well-Known Member
My educated guess:
Come Wednesday night the outcome - whatever that may be - will reflect the poster’s priors on these issues.
Dranth
Well-Known Member
I'm still waiting for a "Peltz is a voice of dissent on the board" supporter to explain how that helps? What is he dissenting about that is going to improve things for fans? Please, name ONE thing you dislike about the way the company is going right now that there is any evidence that Peltz will address.
Is G+ somehow going away with Peltz? Does anyone really believe he doesn't want more of that? I can't think of a better way to improve ROI of rides and the parks in general than G+ and ILL. Seems to be a near 0% chance he wants that gone.
How about more original movies and less sequels? The man that wants MORE ROI is going to be the one in the room pushing for the riskier original ideas?
Better theming, more spending on parks? Ignoring the comments he already made about cutting and slowing down spending, show me one example in his entire life to support this idea.
He is going to help the succession? How? I keep being told he is just one man and the rest will ignore him anyway so in what universe is he completely ignored and yet somehow influence who will be the next CEO? Further, why would you want someone who is still pro-Jay and pro-Chapek to this day picking that person to begin with?
So, he isn't going to remove the nickel and diming, he isn't going to cut pricing, he isn't going to push the studios towards more original content, he isn't going to spend more on the parks than what we are getting now and he isn't going to even be listened to on Iger’s replacement. Great, what does he bring again?
Seriously, the entire plan here seems to be to hope that an 80-year-old man will go against who has been his entire adult life on the off chance he won't double down on the things we claim to hate.
This just feels like a textbox case of winning the battle but losing the war.
Is G+ somehow going away with Peltz? Does anyone really believe he doesn't want more of that? I can't think of a better way to improve ROI of rides and the parks in general than G+ and ILL. Seems to be a near 0% chance he wants that gone.
How about more original movies and less sequels? The man that wants MORE ROI is going to be the one in the room pushing for the riskier original ideas?
Better theming, more spending on parks? Ignoring the comments he already made about cutting and slowing down spending, show me one example in his entire life to support this idea.
He is going to help the succession? How? I keep being told he is just one man and the rest will ignore him anyway so in what universe is he completely ignored and yet somehow influence who will be the next CEO? Further, why would you want someone who is still pro-Jay and pro-Chapek to this day picking that person to begin with?
So, he isn't going to remove the nickel and diming, he isn't going to cut pricing, he isn't going to push the studios towards more original content, he isn't going to spend more on the parks than what we are getting now and he isn't going to even be listened to on Iger’s replacement. Great, what does he bring again?
Seriously, the entire plan here seems to be to hope that an 80-year-old man will go against who has been his entire adult life on the off chance he won't double down on the things we claim to hate.
This just feels like a textbox case of winning the battle but losing the war.
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Andrew C
You know what's funny?
I would argue Amy Chang and the rest of the board are responsible for putting Disney in the situation where Peltz actually has a legitimate chance of getting a seat. It is their decisions that have led to this moment. So...how great are her ideas?
Stripes
Premium Member
Judging by the company’s stock this year and Disney’s execution compared to their competitors with similarly high exposure to linear TV assets, I’d say Disney’s ideas are pretty great.
Further, does Peltz bring better ideas? The answer is no. He brings nothing but bad ideas. In direct response to criticism of his lack of ideas, he started slinging mindless nonsense into the void.
Andrew C
You know what's funny?
hah...yeah, simply marvelous.
Stripes
Premium Member
YTD, DIS is the best performing stock in the Dow.
peter11435
Well-Known Member
Careful. A lot of people around here don’t like to hear facts.
Dranth
Well-Known Member
Name a company that is currently doing better in the same sector. The other studios are down 50%+ post pandemic while Disney and Comcast are the only two that seem to be up. Even comparing just those two, Disney is doing better than Comcast stock wise (which is all Peltz cares about). So sure, the board has made mistakes, but they still seem to be handling business better than all the rest of them.
More importantly, what is Peltz going to do to improve that?
Andrew C
You know what's funny?
And yet, here we are....
This situation and environment leading up to it didn't magically appear one day...
Stripes
Premium Member
Correct. Chapek’s lies got us here. And ironically, it was Peltz that fought for Chapek to stay as CEO.
Clearly Peltz’s interests differ from the markets considering the stock shot up when Disney announced Iger was returning.