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

[MisterPenguin]

Comcast CEO Brian Roberts with some news on Disney buying Comcast's Hulu stake - the deadline has moved from January 2024 to September 30, 2023.

$27B was the floor. That means Disney pays $9B.

At $30B, Disney pays $10B.

Can Roberts make the case that Hulu is worth much more? Possibly. That does compliment Disney for adding so much value to Hulu that it's worth so much more.

How did Disney make it worth more? By putting a lot of new, good content on Hulu.

And what did Comcast do to make it more valuable? Nothing. Actually less than nothing. They withdrew NBC content from Hulu.

The contract sends a disputed figure to arbitration. I'm sure Disney will let the arbiter know how Comcast purposefully devalued Hulu in the past two years. That might influence their decision.

 

[MisterPenguin]

It’s a screenshot from the article we’re all taking about. It’s a long read so take your time.

Thanks.

I did a search on that article on a phrase from that screenshot and didn't come up with anything. I must've mistyped, because now I see it.

 

[JoeCamel]

Definitely uses executive bathroom to shave. Haven't seen a pic of Iger with a mustache or beard. Iger using the Mickey soap from the resorts?

Cute, you think he shaves himself....

 

[Lilofan]

Cute, you think he shaves himself....

He has the funds to get someone to do it.

 

[Surferboy567]

https://x.com/discussingfilm/status/1699474953500762366?s=61&t=Z7oiUO3GrXPcbPtW6UxqPw

Source: Discussing Film

Apologies if this was posted already, I know this has been discussed before. I just find it curious how this keeps sprouting up. Is there really any truth in this?

For the record, I don’t think this would happen. The regulatory bodies would have a field day with this one. I also don’t think it makes a ton of sense. Are they in a tough spot now? Yes, but not that tough to call it quits and sell.

 

[Disstevefan1]

https://x.com/discussingfilm/status/1699474953500762366?s=61&t=Z7oiUO3GrXPcbPtW6UxqPw

Source: Discussing Film

Apologies if this was posted already, I know this has been discussed before. I just find it curious how this keeps sprouting up. Is there really any truth in this?

For the record, I don’t think this would happen. The regulatory bodies would have a field day with this one. I also don’t think it makes a ton of sense. Are they in a tough spot now? Yes, but not that tough to call it quits and sell.

Agreed, this won’t happen because the regulatory issues as you say.

Yesterday I watched a YouTube discussing splitting up Disney, having two Disney companies, one of them being parks,resorts,merch.

Could you imagine if parks,resorts, merch got to KEEP and REINVEST their money instead of burning through it on losing movies and losing D+ ?

 

[Nubs70]

Agreed, this won’t happen because the regulatory issues as you say.

Yesterday I watched a YouTube discussing splitting up Disney, having two Disney companies, one of them being parks,resorts,merch.

Could you imagine if parks,resorts, merch got to KEEP and REINVEST their money instead of burning through it on losing movies and losing D+ ?

You could potentially have a handsome dividend too.

 

[drew81]

The tea has been spilt.

 

[Tha Realest]

Agreed, this won’t happen because the regulatory issues as you say.

Yesterday I watched a YouTube discussing splitting up Disney, having two Disney companies, one of them being parks,resorts,merch.

Could you imagine if parks,resorts, merch got to KEEP and REINVEST their money instead of burning through it on losing movies and losing D+ ?

The regulatory issues could be done away with with a strategic decoupling of a service or two.

 

[GhostHost1000]

Dang the CNBC article today sounds just like what @Sirwalterraleigh and I have been saying. Iger was always to blame. Chapek was just the chosen puppet to take a fall during the hit knowing what was coming while Iger pulled the strings behind the scenes. It was all a setup basically to blame someone else.

Unfortunately for Bob, they are continuing the slide in the wrong direction and more fingers can point to him now

 

[Tha Realest]

The tea has been spilt.

The more I think of it the more I believe Chapek and/or Daniel (or both) were sources for this article. This is well-sourced and most of the bigger players mentioned (Mucha, Arnold, etc) were said to have not provided comment to the authors.* I didn’t see the same for Chapek or Daniel. There’s too many telephone calls or meetings with Chapek where multiple people are sourcing the content of those calls.



*That’s not to say they didn’t provide background comment, but not sure how ethical that is to rely on background quotes from someone who you make a point to say wouldn’t provide an official comment

 

[hopemax]

The more I think of it the more I believe Chapek and/or Daniel (or both) were sources for this article. This is well-sourced and most of the bigger players mentioned (Mucha, Arnold, etc) were said to have not provided comment to the authors.* I didn’t see the same for Chapek or Daniel. There’s too many telephone calls or meetings with Chapek where multiple people are sourcing the content of those calls.



*That’s not to say they didn’t provide background comment, but not sure how ethical that is to rely on background quotes from someone who you make a point to say wouldn’t provide an official comment

"But Daniel rankled many company leaders, who thought he lacked the industry experience or humility for the job. Daniel was known for his intelligence, but he was prone to harshly shooting down opinions with which he disagreed, according to colleagues who worked with him. Chapek tried, unsuccessfully, to coach him to be more “Disney nice.”

Daniel declined to comment for this story."

 

[TalkingHead]

Agreed, this won’t happen because the regulatory issues as you say.

Yesterday I watched a YouTube discussing splitting up Disney, having two Disney companies, one of them being parks,resorts,merch.

Could you imagine if parks,resorts, merch got to KEEP and REINVEST their money instead of burning through it on losing movies and losing D+ ?

One major hurdle to that would be cost and complexity of licensing deals with the media company for the “Disney” characters and IPs to appear in the parks and on merch.

 

[MagicHappens1971]

One major hurdle to that would be cost and complexity of licensing deals with the media company for the “Disney” characters and IPs to appear in the parks and on merch.

I could be wrong, but I believe Disney already does this internally.

 

[Tha Realest]

"

Daniel declined to comment for this story."

Oops. Missed that during my first read through. Thanks for the correction.

 

[kingdead]

"But Daniel rankled many company leaders, who thought he lacked the industry experience or humility for the job. Daniel was known for his intelligence, but he was prone to harshly shooting down opinions with which he disagreed, according to colleagues who worked with him. Chapek tried, unsuccessfully, to coach him to be more “Disney nice.”

Daniel declined to comment for this story."

It was all Chapek, he was tired of all of us calling him names and making fun of his bald head. I don't feel that sorry, he probably has five houses, ten cars, and 50 else of whatever floats his boat

 

[CaptainAmerica]

Comcast CEO Brian Roberts with some news on Disney buying Comcast's Hulu stake - the deadline has moved from January 2024 to September 30, 2023.

Hold onto your butts.

 

[HauntedPirate]

Hulu's value isn't up to Iger or Roberts. It's up to the independent evaluators who will be brought in to determine it's worth. $27.5B is too low. My non-insider guess? Probably in the $35-40 billion range, and I'd likely guess on the lower end of that.

 

[HauntedPirate]

It was all Chapek, he was tired of all of us calling him names and making fun of his bald head. I don't feel that sorry, he probably has five houses, ten cars, and 50 else of whatever floats his boat

Kayaks, according to the article.

 

[HauntedPirate]

The sources have to be close to the top to know the kinds of details included in the CNBC article. McCarthy? Arnold? I'm sure $lappie himself contributed a few things, along with Daniel. Anyone with a bone to pick with either Bob likely shared some dirt.