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

[Sirwalterraleigh]

Oh no. There are new mistakes.

Chiefly ignoring what the true fans of those franchises want and then giving complete creative over to someone who is absolutely convinced that they’ll make the movie they want to make and the fan base will just blindly follow.

Well that’s hubris on such a level I think a new term needs to be coined for it

 

[JoeCamel]

Well that’s hubris on such a level I think a new term needs to be coined for it

"Bobview"

 

[BrianLo]

Can you imagine a decade and a half ago if you told someone that mega franchisees like Marvel and Star Wars would be fully incorporated into Disney and then thoroughly run into the ground to the point of irrelevance in pop culture?

You guys were clearly living in your pixie duster era 15 years ago. The belief that Disney dumbs down and sanitizes everything was even more in the public court of opinion 15 years ago. That line of thinking started taking hold 25-30 years ago.

There’s a common denominator there.

 

[Smiley/OCD]

Nah…

Just let it be bought by bain capital and cannibalized for scrap parts


But seriously…it’s actually amazing how bad all of these fat cat entertainment CEOs are…

This move today is 100% brought on by the collapse of linear tv…they knew it was coming for literally decades and they STILL can’t figure out how to navigate it…
Paralyzed

They are experiencing EXACTLY what the music/record industry went thru when downloading and Napster hit the scene…their egos don’t allow for learning by another’s mistakes…

 

[Sirwalterraleigh]

They are experiencing EXACTLY what the music/record industry went thru when downloading and Napster hit the scene…their egos don’t allow for learning by another’s mistakes…

And that market did evolve…

But it took some trial and error. Metallica suing Napster didn’t preserve the industry…what did (other than iTunes) is the recording and promoting industry leaning into to content being available DTC through originally FREE internet platforms and then figuring out how to use social media to promote.

Tons of money being made…but under the guise of it being at your fingertips without an upfront price. That’s what slimey cable guys (cough) know…only money up front. It takes more Brains and some effort.

 

[Disone]

The DTC effort has been a dud and they have to keep trying to prop that up with different angles.

The programming is terrible…which they have never evolved away from.

It really had a home as the only game in town and has steadily declined ever since…
There’s nobody left to cut or layoff…

And with the escalating cost of league fees…where does that leave it?

I think some things are tied to their era. This sure seems like one that will be recorded as such.

I don't have the specifics on the DTC for ESPN, But I stand by what I said earlier the network itself is healthy. It may not be at its peak levels but it's definitely still healthy and a good source of revenue for the company.

True we are no longer in the time where I joked the Walt Disney company should be renamed the ESPN company, But it's still a solid performer.

I was going to look up how the DTC is doing but I trust you enough that it's not doing well. I don't know if that's growing pains, teething issues, or if it's just a faulty idea. Time will tell on that.

 

[Sirwalterraleigh]

I don't have the specifics on the DTC for ESPN, But I stand by what I said earlier the network itself is healthy. It may not be at its peak levels but it's definitely still healthy and a good source of revenue for the company.

True we are no longer in the time where I joked the Walt Disney company should be renamed the ESPN company, But it's still a solid performer.

I was going to look up how the DTC is doing but I trust you enough that it's not doing well. I don't know if that's growing pains, teething issues, or if it's just a faulty idea. Time will tell on that.

It’s just the dynamics of linear have changed and it can’t support the overall operations anymore as it did for 20 years.

That’s not Disneys fault…but their responses have not been good. They tout DTC that the money people aren’t liking at all. So it’s really a shell game there.

And to make up for the free money espn once brought in…they are throughly exploiting the parks/cruise/destinations segment. Parks have always been a strong foundational piece…but not designed to carry the entire international megazord
On their backs. When you turn a park customer away due to price…They’re done. They’re not coming back. It isn’t like getting hot new show to draw eyes. It’s far more primal of a response. How many products comeback after getting a “ripoff” stigma? Beware.

It’s not that Disney created these problems…most are tech/evolutionary and beyond their choosing.
But the management and longterm vision has been terrible. Not getting ahead of these things. In the end…it’s run by a cable guy.

The coverage of Comcast’s announcement yesterday shows why they all are in deep water here. They’re losing their high speed market share. It was their backbone for 20 years and they didn’t plan on how to adjust when…not if…it was challenged, inevitable development that is being mishandled.

Disney and parks are on the same path.

 

[Smoky]

I don't have the specifics on the DTC for ESPN, But I stand by what I said earlier the network itself is healthy. It may not be at its peak levels but it's definitely still healthy and a good source of revenue for the company.

True we are no longer in the time where I joked the Walt Disney company should be renamed the ESPN company, But it's still a solid performer.

I was going to look up how the DTC is doing but I trust you enough that it's not doing well. I don't know if that's growing pains, teething issues, or if it's just a faulty idea. Time will tell on that.

ESPN is most certainly not healthy. Jimmy Pitaro has to be one of the worst executives of any media empire anywhere. As more people continue to cut cords their revenue continues to disappear. No one is going to pay $30 a month for ESPN+ because the current content is so bad outside of live sports. It is only a matter of time before it collapses and that was why Bob was actively trying to sell it. Their revenue is guaranteed to continue shrinking and their is no way they will be able to recuperate that money from streaming sells. That doesn't even consider the fact that streaming rights for the NFL, NBA, MLB, etc have gotten exponentially more expensive in the last decade or so. It's a sinking ship and I don't see a way out of it barring some kind of major course correction with their content/streaming strategy.

A really good writeup here: https://www.outkick.com/sports/what...29-99-per-month-streaming-service-clay-travis

 

[Nubs70]

Nah…

Just let it be bought by bain capital and cannibalized for scrap parts


But seriously…it’s actually amazing how bad all of these fat cat entertainment CEOs are…

This move today is 100% brought on by the collapse of linear tv…they knew it was coming for literally decades and they STILL can’t figure out how to navigate it…
Paralyzed

Let it be bought by Bain Capital , or other PE firm. Revitalize existing parks and roll the debt through massive transfer payments onto an existing floundering division. Then file chapter 11 on the floundering division. This way you could do $200B in investment without having to spend $200B

 

[Sirwalterraleigh]

Let it be bought by Bain Capital , or other PE firm. Revitalize existing parks and roll the debt through massive transfer payments onto an existing floundering division. Then file chapter 11 on the floundering division. This way you could do $200B in investment without having to spend $200B

Or their standard method: strip mine it bare and then dump used hydraulic fluid into all the lakes and strand surrounding the field

 

[Smiley/OCD]

ESPN is most certainly not healthy. Jimmy Pitaro has to be one of the worst executives of any media empire anywhere. As more people continue to cut cords their revenue continues to disappear. No one is going to pay $30 a month for ESPN+ because the current content is so bad outside of live sports. It is only a matter of time before it collapses and that was why Bob was actively trying to sell it. Their revenue is guaranteed to continue shrinking and their is no way they will be able to recuperate that money from streaming sells. That doesn't even consider the fact that streaming rights for the NFL, NBA, MLB, etc have gotten exponentially more expensive in the last decade or so. It's a sinking ship and I don't see a way out of it barring some kind of major course correction with their content/streaming strategy.

A really good writeup here: https://www.outkick.com/sports/what...29-99-per-month-streaming-service-clay-travis

Don’t know, but it will be interesting to see what affect ESPN+ will have carrying WWE “pay” events…

 

[Sirwalterraleigh]

Don’t know, but it will be interesting to see what affect ESPN+ will have carrying WWE “pay” events…

I’d say putting nfl red zone behind a paywall is the more interesting thing to watch?

Gamblers gonna need it that much to lock themselves into a fee they won’t use 6 outta 7 days a week?