Shots fired.....
Volley returned
Who hit the target?
See that’s the thing…they have lost their shareholders a ton of “value” for 2 years…
And they’re not in a “strategic transition”…they’re in damage control (ie NOT announced in advance) and only are saying that now after the fact because they need an excuse
Its a really good deal, though ill wait till jan 1st and hope the "gift" is better than 2023Good to see that they are trying to tie D23 and Disney+. I can see quite a few biting at 50% off
Companies in strategic transitions don't call emergency Town Hall's
Chicken Little threw in the towel once already after taking a weak shot. Now that they've done what he asked and still lost shareholder value, it is confusing trying to understand why anyone would believe him even if the sky were falling.
Right…and Bob - in fear of his ego - made promises he can’t deliver on. Cause it’s December tomorrowChicken Little threw in the towel once already after taking a weak shot. Now that they've done what he asked and still lost shareholder value, it is confusing trying to understand why anyone would believe him even if the sky were falling.
And I suspect that when he came for Bob the first time, there was some strategic planning on how to defend against any future challenges.
Plus let's remember that those 33M shares put them at less than 2% ownership of the company.
They absolutely did call a damage control meeting, burner…Good thing Disney didn't do that.
It would be hilarious to hear Peltz try to explain his position on spending 60 billion on the parks. I hope someone has the chance to ask him.
exactly right... I was thinking I could come out with a $60mil plan that would be about as realistic as the one they have todayThey absolutely did call a damage control meeting, burner…
…and the $60 billion is a rubber check…there’s no commitment actually attached to it…you missed that
What kind of dollars are we talking for Iger to go away? Chapek got off cheap when he got a $23M bye bye package. Ovitz back in the day walked away with $140M.Right…and Bob - in fear of his ego - made promises he can’t deliver on. Cause it’s December tomorrow
You can’t trust Peltz and perlmutter…
…but everything they’re saying is correct. They want Iger out and iger’s performance now means he should be out.
Bob was stupid to comeback…he arrived in time to oversee the fallout of all his long term
Mistakes
That’s such a rookie move and proves Eisner 100% right about him
Disney has been doing this with their fixed theme parks for nearly 20yrs... I think they know how to work it.They added an ad tier to increase ARPU and heavily discounted the ad tier. How long before this plateaus? Until they reign in the cost of content production, it’s still just rearranging the deck chairs on the Titanic.
To me, it seems like Iger is sort of just acknowledging what everyone knows: that a certain subset of the audience thinks Disney has some big agenda and it's hurting the brand.
Then you should read it again.I don't see how that might indicate that he's changed his thinking on anything.
Trian Fund Management issued this press release today.
For Bob it isn’t money…it’s the ego, prestige and powerWhat kind of dollars are we talking for Iger to go away? Chapek got off cheap when he got a $23M bye bye package. Ovitz back in the day walked away with $140M.
What is with the "blame" talk? I don't blame the audience or Iger for changing tastes, technologies, trends. I do think Iger is responsible to make sure the company provides content that appeals to whoever their audience is. I hold audiences responsible for their own attitudes and behaviors, not for the company's successes/failures.That is just a veiled way to blame the audience... when you should be noting that Iger blamed the content, not the audience.
Ok. I did. And I'm still not seeing it. Do you think he's suddenly seen the light and now he agrees that Disney's been "pushing a social agenda" and will now stop its efforts to diversify its content and audiences?Then you should read it again.
What is with the "blame" talk? I don't blame the audience or Iger for changing tastes, technologies, trends. I do think Iger is responsible to make sure the company provides content that appeals to whoever their audience is. I hold audiences responsible for their own attitudes and behaviors, not for the company's successes/failures.
There is no relevation/discovery in his comment that you suggest. He's noting the error in prioritization and lacking of something, and is acknowledging they need to ensure the product is in fact entertainment, not just meaningful.Ok. I did. And I'm still not seeing it. Do you think he's suddenly seen the light and now he agrees that Disney's been "pushing a social agenda" and will now stop its efforts to diversify its content and audiences?
It's not the audience's job to appeal to Disney, it's Disney's job to appeal to the audience.To me, it seems like Iger is sort of just acknowledging what everyone knows: that a certain subset of the audience thinks Disney has some big agenda and it's hurting the brand. I don't see how that might indicate that he's changed his thinking on anything.
0% of the audience was alienated by The Lion King or Moana or Captain America: The Winter Soldier or the Disney Wonder.If it comes down to alienating less than 50% of your audience, versus alienating the other 50% AND your creative teams, the math still works out to picking the side with the biggest population and accepting the hit.
The Cast Members' feelings weren't hurt. There were like 50 mouthy brats who were crabby on twitter. The company would be much better without them than with the ACTUAL talent they've chased away with their hostile work environment.Remember he said this when he came back to the company to smooth out the hurt feelings among Cast Members caused by Chapek:
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