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

[Phicinfan]

That’s not really possible once they are sold

That's assuming they will sell. Will have to wait and see, but I can see them pulling the non-sold. I do think eventually you will get a DVC resort where reflections was to be

 

[monothingie]

It will be interesting to watch what happens

Best thing for fans is if starts to tank a little and sweater boy has to hurry up and make good on 6 months of promises

Expectations::
Lots of announcements today to show everyone how well Bob and his board have run the company. In regards to parks, probably just stuff that is short term that will open up within the next calendar year, followed by hints at major things to come.

New COO, to show investors that there is a future past Bob, although we've seen this movie before and it never worked out well for the CEO heir apparent. (My money's on Dana)

News of a buyback or change in dividend.

Also caricatures of Nelson Peltz's head on a stick to be placed outside of all theme park entrances to serve as a warning.

 

[Slpy3270]

Iger plans to do a CNBC interview later today, per David Faber this morning.

Take a guess what that means...

 

[Tha Realest]

I am not convinced X-men is the best way to go. Which version of X-men to use? I would much rather see FF in first, with a strong story and also introducing Dr Doom(MCU NEEDS a REAL villian).

Then slowly bring in X-men after that. Just me

The notion that FF/X-Men are surefire hits is greatly overblown. Arguably there’s never been a good FF movie, and the X-Men universe may be batting under .500.

Complicating this is the Fox X-universe isn’t fully dead - we still have Sir Patrick and Hugh popping in and out, ditto Deadpool - and the soft efforts at introducing mutants into the MCu has been a disastrous failure so far (The Marvels).

I do like what I’m seeing production and casting wise with FF, but they have an uphill battle.

 

[Andrew C]

Off the top of my head…

Not investing in the parks.
When they do they just replace rides rather than adding rides.
Taking half a decade to finish a ride.
Announcing projects and then not doing them.
Prioritizing message over story.
Cutting perks while increasing prices.
Extending Iger for the 367th time.
Offering less while charging more. (I know I said that one twice but it’s their worst offense).

crappy/underperforming movies....
no push for actual creativity...

broken yeti...

 

[Brian]

 

[JoeCamel]

Pot meet kettle

 

[monothingie]

Iger plans to do a CNBC interview later today, per David Faber this morning.

Take a guess what that means...

For the good of the Empire Company he is extending his contract another 2 years.

 

[Phicinfan]

The notion that FF/X-Men are surefire hits is greatly overblown. Arguably there’s never been a good FF movie, and the X-Men universe may be batting under .500.

I am not assuming anything, my point is the HAVE to have a hit, they have to do the restage correct and with real story line to get MCU back where it was and draw folks back to the theaters

Complicating this is the Fox X-universe isn’t fully dead - we still have Sir Patrick and Hugh popping in and out, ditto Deadpool - and the soft efforts at introducing mutants into the MCu has been a disastrous failure so far (The Marvels).

None of that is MCU though, to the point the MCU needs to take both and make them MCU worthy. I will add Deadpool 3 is the tie up for all the fox X-men from what rumors state.

I do like what I’m seeing production and casting wise with FF, but they have an uphill battle.

Yes they do, and they better do it right, or pack it in. Cause if they miss on either or both, I don't think another Avengers saga makes a difference either.

 

[Kamikaze]

Most likely

But that doesn’t change the bobs have been caught COMPLETELY flat footed as it currently stands and have made cancelling things in the last 5+ a standard operating procedure

There’s some work on credibility to be done here.

Cancelling projects is not the same as reneging on promised CapEx, especially those promises made during actual reports/meetings. They have not done that (COVID excluded).

 

[Slpy3270]

Should note that as of now, Reuters has not retracted their report last night declaring Iger victorious.

That Trian hasn't responded yet is telling.

 

[Kamikaze]

His statement that only the company knows is verifiably false. The votes are counted by a third party, so anyone in that process has access to the information as well, even before Disney does.

 

[BrianLo]

We had the pump, now we will have the dump.

DIS is down over 1% in premarket. Foreshadowing the end of the great proxy war of 2023/2024.

All hail Bob, Slayer of Peltz, lord of the house of mouse, may his contract be forever extended.

This isn’t a dump. I don’t know why tiny stock gyrations on this forum get so much traction.

5-10% is a dump. Or unwinding at least half of the recent run up over the broader market would be an actual dump.

 

[monothingie]

This isn’t a dump. I don’t know why tiny stock gyrations on this forum get so much traction.

5-10% is a dump. Or unwinding at least half of the recent run up over the broader market would be an actual dump.

On such a momentous day for The Company, and when the broader markets are up, why is $DIS down? It should be popping right?

 

[Chip Chipperson]

His statement that only the company knows is verifiably false. The votes are counted by a third party, so anyone in that process has access to the information as well, even before Disney does.

Plus, there was a leak when Peltz was ahead. So his logic ignores the facts.

 

[Serpico Jones]

The notion that FF/X-Men are surefire hits is greatly overblown. Arguably there’s never been a good FF movie, and the X-Men universe may be batting under .500.

Complicating this is the Fox X-universe isn’t fully dead - we still have Sir Patrick and Hugh popping in and out, ditto Deadpool - and the soft efforts at introducing mutants into the MCu has been a disastrous failure so far (The Marvels).

I do like what I’m seeing production and casting wise with FF, but they have an uphill battle.

I have a feeling Hugh Jackman, Patrick Stewart and Ian McKellen will stay on for the long term. I realize two of those guys are in their 80s but the movies with that cast are the ones that made money for Fox.

 

[Chip Chipperson]

This isn’t a dump. I don’t know why tiny stock gyrations on this forum get so much traction.

5-10% is a dump. Or unwinding at least half of the recent run up over the broader market would be an actual dump.

We went through this nonsense yesterday, too. A small early morning price drop was proof that the market really wanted Peltz to win - until 11 AM rolled around and the price started to go up again and finished up for the day while the major indexes were all down. Yeah, DIS is down a whopping 0.40% at 10:38 AM. Comcast is down 0.74% as of the same time. Have people not noticed that stocks fluctuate regardless of which way they're trending?

 

[Disstevefan1]

Plus, there was a leak when Peltz was ahead. So his logic ignores the facts.

Why not leak fake leaks? Maybe that is happening?

 

[BrianLo]

On such a momentous day for The Company, and when the broader markets are up, why is $DIS down? It should be popping right?

My issue is the use of the word ‘dump’. It barely qualifies as a reaction. It’s not even down Friday-today when we’ve clearly gone from ‘Peltz has a chance’ to ‘no, it’s going to lose for sure’.

So I’m just not sure I’m reading into it that the messiah is dead and the markets are in mourning quite yet.

Though it is a big day and we may see plenty of movement both ways to come for sure.

 

[el_super]

Why not leak fake leaks? Maybe that is happening?

Weren't all the leaks only coming from one source (WSJ)? My gut tells me there probably was never an actual leak.