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

[Lilofan]

…the same that stopped booking trips to Disney parks about a year ago?

Must be on vacation in Europe. Fellow gym member of mine recently spent 26 day vacation in Europe. So many American tourists wearing the same attire - baseball cap, t shirt , shorts sneakers except at the Vatican where there is a dress code enforced.

 

[solidyne]

Brown paper bag filled with the business end of a golden retriever

Well, they did sell scat cookies at AK...

 

[TrainsOfDisney]

Question….. could A. I. Do Iger’s job? Perhaps if AI new the history of the company and the current financials it could lead the company better while saving the company over $100 million per year.

 

[JoeCamel]

Question….. could A. I. Do Iger’s job? Perhaps if AI new the history of the company and the current financials it could lead the company better while saving the company over $100 million per year.

If you just googled youtube videos you could probably do his job. You would need to spend 30 years making nice with those that can help you implement them though before you were ready to do it.

 

[Tha Realest]

Question….. could A. I. Do Iger’s job? Perhaps if AI new the history of the company and the current financials it could lead the company better while saving the company over $100 million per year.

I think an AI managed mutual fund could have well outperformed DIS over the last six months, so yes.

 

[John park hopper]

Maybe Iger was brought in and extended his contract to be the hatchet man to get rid of unprofitable Disney holdings and boast profits, Seems DVC's are money makers as they are going up all over the park resorts

 

[Sirwalterraleigh]

Just so you can put Disneys economics in proper perspective…

Bank of America is saying that while consumer spending on good is tracking downward…expenditures on travel, entertainment, restaurants is growing

Which makes total sense as Disney can’t get anyone to Florida.

Bad
Management


…to the bone

 

[Indy_UK]

Maybe Iger was brought in and extended his contract to be the hatchet man to get rid of unprofitable Disney holdings and boast profits, Seems DVC's are money makers as they are going up all over the park resorts

DVC is cheap to add with huge returns and for the long term. Shame we aren't treated better. Even $20K or so more than being resale doesn't grantee you an annual pass these days.

 

[Sirwalterraleigh]

Maybe Iger was brought in and extended his contract to be the hatchet man to get rid of unprofitable Disney holdings and boast profits, Seems DVC's are money makers as they are going up all over the park resorts

DVC is cheap to add with huge returns and for the long term. Shame we aren't treated better. Even $20K or so more than being resale doesn't grantee you an annual pass these days.

Dvc is an easy scapegoat to blame when they make awful management decisions in parks…but it’s not quite so simple

We are a flawed, mercurial group of sycophants…to varying degrees…

And while we show…we dont necessarily grease the wheels of profit in the way they’d want.

I think they told a a huge pricing gamble…years ago…testing whether people would mortgage all their disposable cash to go to wdw for a week. They thought “yes” and the truth is coming out as “no”.

So the “we’re luxury” pivot was to kiss dvc butt…plain and simple…thinking they’ll spend to infinity.

But it won’t happen. It never was going to.

 

[Disney Analyst]

 

[Tha Realest]

This should tell you all you need to know how serious Iger is about selling off assets

 

[Sirwalterraleigh]

…discuss amongst yourselves…

Disney Goes Back to the Future

Robert Iger has reportedly brought in two former heirs apparent, Kevin Mayer and Thomas Staggs, for advice, renewing focus on succession at the media giant.

www.nytimes.com

 

[Basil of Baker Street]

Speaking of the parks, I have wondered to myself for some time does Disney still want to be in the theme park business.

 

[Indy_UK]

Sorry I feel dumb here but what does this mean having Mayer and Staggs in conversation?

Eyeing to acquire their company and they take over Disney? Or genuinely needs help on how best of package what they can sell off?

 

[Disstevefan1]

Speaking of the parks, I have wondered to myself for some time does Disney still want to be in the theme park business.

Well, Iger doesn't want to be in the theme park business. Let's see if he can force his viewpoint.

 

[CaptainAmerica]

 

[CaptainAmerica]

Well, Iger doesn't want to be in the theme park business.

That is not correct.

 

[Sirwalterraleigh]

Speaking of the parks, I have wondered to myself for some time does Disney still want to be in the theme park business.

Absolutely not…

Not when it requires constant attention/re-invention

And this just in…that’s how all parks have been since Coney Island

Part of the deal.

 

[Disstevefan1]

That is not correct.

You are right. Iger's number one concern is his legacy. He still wants to be POTUS someday.

Well, let's hope, Iger understands that selling off WDW, as much as he would want to do that to (you know who), selling off WDW would destroy his legacy.

Besides, everyone is screaming about attendance being down at WDW, WDW is still a CASH COW for TWDC.

TWDC need to make money somehow, so they need WDW.

 

[Sirwalterraleigh]

You are right. Iger's number one concern is his legacy. He still wants to be POTUS someday.

Well, let's hope, Iger understands that selling off WDW, as much as he would want to do that to (you know who), selling off WDW would destroy his legacy.

Besides, everyone is screaming about attendance being down at WDW, WDW is still a CASH COW for TWDC.

TWDC need to make money somehow, so they need WDW.

The political thing is a red herring

His concern is “being more important to Disney than a Disney”. And unlimited Money and cache.

In the wash… he falls way short of Eisner. And that must grate him as Willow picks out finishes for the new yacht.