Yes, but this is Disney. All projects go over budget. Instead of keeping the projects as approved, he cut what most would agree are needed rides/attractions. This was a period in time when Disney was literally printing money. Chapek could of easily gotten the budgets increased, but chose not to.
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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
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Disstevefan1
Well-Known Member
All Disney projects go over budget EXCEPT their theme park budgets where the budgets usually get cut.
lazyboy97o
Well-Known Member
It is Walt Disney Imagineering (or Universal Creative over at Universal where the same happens) that makes the decision on what to cut from the program and justifying how they can still make the project work.
We can agree to disagree. The reports at the time was Imagineering was very upset with Chapek as it was he and only he who cut back on all the projects listed above--again going to what would be common for him when he became CEO to micro manage.
IanDLBZF
Well-Known Member
Imagineering could've easily put pressure on the CFO to allow the budgets to be increased.
As I have already stated, Iger the first gave his division heads Autonomy. Purely speculation on this, but I do not believe Imagineering knowing this would tried an end around.
lazyboy97o
Well-Known Member
That is easier said than done. It’s also a bit ridiculous when discussing already huge budgets. Project budgets being too low isn’t the problem and if anything they are too high.
Sir_Cliff
Well-Known Member
Indeed. People seem to have been programmed to blame everything on "budget cuts" or "cheapness", but how much do people really think it would be reasonable to budget for attractions like Tron or Cosmic Rewind if their flaws are due to Disney being cheap?
Started off as an assistant’s assistant making $150 per week at ABC 50 years ago after graduating from college.
Disstevefan1
Well-Known Member
Fifty years with the company and is still making mistakes....
Ayla
Well-Known Member
Yes, Disney bought ABC in early 1996.
Brian
Well-Known Member
Time with an acquired company is credited towards length of service.
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He can collect two paychecks. His salary and bonuses and collecting Social Security too.
lazyboy97o
Well-Known Member
It’s pretty standard practice to count pre-acquisition time as time with a company. Telling people they suddenly no longer qualify for tenure-based perks would not exactly engender goodwill towards new ownership.
GhostHost1000
Premium Member
I wonder what his next 50 years with the company will look like since he doesn’t want to leave
Sirwalterraleigh
Premium Member
…nobody ever said the ketchup man was qualified for a second
Which is why his boss should be fired for allowing him to hang around
Sirwalterraleigh
Premium Member
The first 20 years “with the company” were actually negotiating residuals with the casts of Benson and Roseanne
We better start begging him to stay, huh?
Dranth
Well-Known Member
You just described human beings.