Tha Realest
Well-Known Member
Has Bob Iger Lost the Magic?
Disney’s legendary CEO came out of retirement to save the company—right in time for its 100th birthday. Nothing has gone his way.
www.bloomberg.com
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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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www.bloomberg.com
Can’t lose what you never had.Has Bob Iger Lost the Magic?
Disney’s legendary CEO came out of retirement to save the company—right in time for its 100th birthday. Nothing has gone his way.
durangojim
Well-Known Member
Poor man has lost his legacy. Couldn’t have happened to a nicer guy.
JoeCamel
Well-Known Member
Seems to be a pattern for Disney CEOs in their later years - term limits anyone?
Animaniac93-98
Well-Known Member
Is that what Walt is squatting over?No he hasn't.
It's just been moved to another place in EPCOT.
Vegas Disney Fan
Well-Known Member
My first reaction was this was a pixie duster statement but upon thinking about it a bit you may be correct.
He’s cut labor costs, announced investments in the parks, cut overhead at D+, he’s looking into unloading assets like ABC that aren’t the future of the company, he outmaneuvered Florida and set the parks up for self governance for the next couple decades, he’s trying to mend the relationship with Florida… from a business perspective he’s made a lot of good moves.
As a parks fan I still wish he’d get rid of G+, bring back ME, etc but I think he’s purely focused on making D+ profitable and stopping the losses.
I don’t agree with everything he’s done but you are correct, change is slow at Disney, and it’s only been a year.
Stripes
Premium Member
I think they already announced they’re going to be making changes to Genie+ to make it more like a paid FastPass+. I don’t like having to pay for it but being able to buy it in advance and make Lightning Lanes in advance would take a lot of pain out of it for me. As someone who is not a morning person, I hated having to wake up early just to spend money and book a Lightning Lane as fast as I could.
I miss Magical Express too. It wouldn’t be hard to bring it back. Just sign a new contract with Mears.
MrPromey
Well-Known Member
Didn't see this one posted here yet:
www.thewrap.com
Loved the part about how he spent much of his summer on his private yacht.
Bob Iger Found Disney in 'Worse Shape' Than He Expected, Now 'Overwhelmed and Exhausted' (Bloomberg)
Mounting troubles across Disney's businesses have proven a bigger challenge that the CEO expected when he returned
www.thewrap.com
Loved the part about how he spent much of his summer on his private yacht.
Time to retire again, his net worth is down to $350M.Didn't see this one posted here yet:
Bob Iger Found Disney in 'Worse Shape' Than He Expected, Now 'Overwhelmed and Exhausted' (Bloomberg)
Mounting troubles across Disney's businesses have proven a bigger challenge that the CEO expected when he returned
Loved the part about how he spent much of his summer on his private yacht.
Indy_UK
Well-Known Member
Didn't see this one posted here yet:
Bob Iger Found Disney in 'Worse Shape' Than He Expected, Now 'Overwhelmed and Exhausted' (Bloomberg)
Mounting troubles across Disney's businesses have proven a bigger challenge that the CEO expected when he returned
Loved the part about how he spent much of his summer on his private yacht.
What makes me laugh that he's making it sound like he was naive to all the troubles? That's the reason why he bolted and put Chapek in charge in the first place.
durangojim
Well-Known Member
This is exactly right. It's like he's surprised by the mess he caused. Chapek just had no political acumen but I'm not sure most of the stuff he gets blamed for was actually his fault and not Iger's. Also Iger was the guy who picked him so Chapek is his fault as well.
"Alan Horn, the studio mastermind who led Disney's years of unparalleled success." Ha! Horn is an arsonist who's also a firefighter. Look what he did to Robert Shaye and Michael Lynne at New Line.Has Bob Iger Lost the Magic?
Disney’s legendary CEO came out of retirement to save the company—right in time for its 100th birthday. Nothing has gone his way.
UNCgolf
Well-Known Member
He was also still on the Board during Chapek's time as CEO -- it's not like he was completely divorced from the company with absolutely no insight into anything that was happening.
Tha Realest
Well-Known Member
Yes, and he kept his main office. The man never left, and he was constantly whispering in the ears of the board that he should come back.
Iger was having another bigger mega yacht built in 2023. Maybe not satisfied with his current one.Didn't see this one posted here yet:
Bob Iger Found Disney in 'Worse Shape' Than He Expected, Now 'Overwhelmed and Exhausted' (Bloomberg)
Mounting troubles across Disney's businesses have proven a bigger challenge that the CEO expected when he returned
Loved the part about how he spent much of his summer on his private yacht.
Also, Horn led Disney Studio whose majority of films had a net loss in theaters. The few successful blockbusters were able to make Disney Studio net zero theatrically.
All while Marvel, Pixar, LucasFilm, and Disney Animation were very net positive.
ABQ
Well-Known Member
Ah, the good old days....
SpectreJordan
Well-Known Member
We need to see how the entertainment quality improves. That's Disney's biggest problem right now.
I heard worrying news that Deadpool 3 is only halfway through filming & that's with the actors strike still going on. The movie is still set for its May release. If they don't delay that movie then it's going to be yet another box office disaster for Disney. People aren't paying for crappy movies anymore, that's streaming fodder now.
They need to get serious about quality & that's probably going to mean a lot of delays. No more lazy movies like Ant-Man 3 or Thor 4.