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

[Ayla]

Too bad there isnt a Disney Heir thats not a bit NUTS!!! Maybe someone with some actuall LOVE of the company and the parks could make a small difference or something. Its just very sad to me to see how its all falling down in front of our eyes. I know its been a slow motion decline but it just seems to me, like its now an avalanche of things and they cant even keep the basics up (at the parks). With the Movies..... thats just another Kettle of Fish.

I don't think you understand how corporations work.

 

[GhostHost1000]

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Today's drop was apparently on the coattails of Universal's attendance woes for Q2. The expectation is Disney will report similar declines in Florida for Q2.

Make sure to take a healthy, yet safe, dose of Dramamine prior to Disney's quarterly meeting on the morning of August 7.

Attendance woes? No way. Parks are crowded. Also they raised prices to lower attendance. Maybe both. All a part of the plan. Everything is fine. Disney is so magical nothing they ever do is wrong.

Am I doing this right?

 

[JoeCamel]

Attendance woes? No way. Parks are crowded. Also they raised prices to lower attendance. Maybe both. All a part of the plan. Everything is fine. Disney is so magical nothing they ever do is wrong.

Am I doing this right?

You are doing "super"

 

[Sirwalterraleigh]

Absolutely brutal performance

This emperor has no clothes

 

[Sirwalterraleigh]

I don’t know who Ike is but I agree - I don’t have any confidence in the current leadership.

The company can still be saved, but it will take someone with an actual love and understanding of the company and its history. Otherwise it will continue to decline.

Perlmutter had a billion in shares and it was announced today he has dumped them all.

 

[LSLS]

I don’t know who Ike is but I agree - I don’t have any confidence in the current leadership.

The company can still be saved, but it will take someone with an actual love and understanding of the company and its history. Otherwise it will continue to decline.

That's the weird part of all this. Ike is pretty much the exact opposite of the person you describe.

 

[Lilofan]

Perlmutter had a billion in shares and it was announced today he has dumped them all.

Ike is 81 and is blowing that dough. He’s already a billionaire but add to that. As the saying goes

You will never see a U-Haul behind a Hearse. You can’t take it with you. The Egyptians tried that and they ended up getting robbed.

 

[ABQ]

Perlmutter had a billion in shares and it was announced today he has dumped them all.

I love how he said he'll likely buy them all back once the stock hits 65 or 70 per share. Sadly, it seems he may be making a purchase sooner than I ever thought possible.

 

[JD80]

I love how he said he'll likely buy them all back once the stock hits 65 or 70 per share. Sadly, it seems he may be making a purchase sooner than I ever thought possible.

He'll have to fight a ton of people to buy Disney at that price.

 

[Sirwalterraleigh]

I love how he said he'll likely buy them all back once the stock hits 65 or 70 per share. Sadly, it seems he may be making a purchase sooner than I ever thought possible.

Peltz and Perlmutter throughly outplayed Bob. Hard to argue

 

[Sirwalterraleigh]

That's the weird part of all this. Ike is pretty much the exact opposite of the person you describe.

On one hand I totally agree…

On the other this ship is dead in the water as it stands and any new injections may spur new investments enthusiasm and increase the ROI

 

[Sirwalterraleigh]

He'll have to fight a ton of people to buy Disney at that price.

Not if you look at the last 10 years of its history

Nobody has made anything

Not everyone got it for $12 in the W era

 

[HauntedPirate]

The stock was below $90/share in early trading, treading water around $90 right now.

 

[TrainsOfDisney]

That's the weird part of all this. Ike is pretty much the exact opposite of the person you describe.

He was an investor though correct? Not part of leadership?

 

[lazyboy97o]

He was an investor though correct? Not part of leadership?

He was the head of Marvel who didn’t like the Marvel Cinematic Universe resulting in Marvel Studios being moved out of Marvel proper. A lot of that due to him being a racist.

 

[TrainsOfDisney]

He was the head of Marvel who didn’t like the Marvel Cinematic Universe resulting in Marvel Studios being moved out of Marvel proper. A lot of that due to him being a racist.

Ohhhh I thought he was just an investor taking his money out.

 

[lazyboy97o]

Ohhhh I thought he was just an investor taking his money out.

He was finally pushed out of the company a few years ago so at this point he was just an investor. He was also the actual weight behind the proxy fight trying to get back in.

 

[monothingie]

Peltz and Perlmutter throughly outplayed Bob. Hard to argue

A picture is worth a thousand words. Glorious.

 

[Sirwalterraleigh]

A picture is worth a thousand words. Glorious.
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Bout $33 since the “existential crisis” by my math…

27% loss in actual value

But hey…it’s rough for everyone on wall steeet these days…ama right??

 

[monothingie]

Bout $33 since the “existential crisis” by my math…

27% loss in actual value

But hey…it’s rough for everyone on wall steeet these days…ama right??

Still waiting for the shills and boot lickers to tell me how Bob vanquished the barbarians at the gate through his business acumen and outstanding leadership and that what’s happening now is actually a good thing.