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

[_caleb]

Yeah, but they killed their film division to turn a slight profit (on paper). They robbed Peter to make sure Paul was barely not-starving.

The film industry has changed and is changing forever, no matter what Disney does.

So the fact that they reached profitability (which was expected in October of this year) is interesting. “Yeah, but they’re only slightly profitable” seems like a silly criticism until we see a trend.

 

[MisterPenguin]

They're also extremely lucky that they have not had a legal action brought against them by shareholders...yet.

They have been. And the suits keep getting tossed because they, and you, don't seem to understand *true* negligence or incompetence.

Disney is still pulling in *billions* of dollars in *profits* each quarter.

Making a case that the company is being destroyed is built on ideology and politics, not reality.

 

[Willmark]

Yeah, but they killed their film division to turn a slight profit (on paper). They robbed Peter to make sure Paul was barely not-starving.

“If you’re going to rob Peter to pay Paul, you can always count on the support of Paul!”

 

[Disstevefan1]

The potential for an Inside Out spinoff..

"Inside Out 3 - Inside Iger's head, an American horror story"

 

[Willmark]

Let me know when you think Disney is going bankrupt.

Bankrupt?

No. I don’t think that’s happening anytime soon. Someone buying them and splitting them up? Maybe.

While I don’t think that is happening anytime soon either, their most valuable asset is the IP. Keep that spin off the rest.

Who would do this? No idea but if anything we’re to happen it would be that.

 

[denyuntilcaught]

Let me know when you think Disney is going bankrupt.

Creatively? Or...

 

[Dranth]

“If you’re going to rob Peter to pay Paul, you can always count on the support of Paul!”

Except the whole idea that one division was killed implies a permeance that seems short sighted.

2020 and 2021 were a mess for everyone but since then Disney had one down/bad year and one disaster year. The current slate is shaping up to be a pretty big success. If they start having good years at the box office again (which they are proving they can so far this year) and keep D+ profitable then how are the studios dead?

I do think they will struggle with D+ dropping in and out of profitability for a few quarters and of course they will still release movies that don't find an audience from time to time, but I doubt we will see another 2023 level anytime soon.

 

[Willmark]

Except the whole idea that one division was killed implies a permeance that seems short sighted.

2020 and 2021 were a mess for everyone but since then Disney had one down/bad year and one disaster year. The current slate is shaping up to be a pretty big success. If they start having good years at the box office again (which they are proving they can so far this year) and keep D+ profitable then how are the studios dead?

I do think they will struggle with D+ dropping in and out of profitability for a few quarters and of course they will still release movies that don't find an audience from time to time, but I doubt we will see another 2023 level anytime soon.

My comment was nothing more than the quote itself and how “you’ll always have the support of Paul” in this scenario.

 

[Dranth]

My comment was nothing more than the quote itself and how “you’ll always have the support of Paul” in this scenario.

Fair, I took at as agreement with the original statement.

 

[Disstevefan1]

Let me know when you think Disney is going bankrupt.

TWDC will NEVER go bankrupt. There are TOO MANY institutional invertors; too many pensions depending on the stock to be stable forever!!!!

 

[JD80]

Disney's movies have budget problems, they don't have popularity problems.

 

[Disstevefan1]

Disney's movies have budget problems, they don't have popularity problems.

I have to agree. Disney movie budgets are OUT OF CONTROL! requiring EVERY MOVIE to make MASSIVE money to break even.

I wish they would manage their movie budgets like they manage their theme park budgets!!

 

[denyuntilcaught]

Disney's movies have budget problems, they don't have popularity problems.

This is it in a nutshell. Someone remind Iger of Eisner's singles and doubles strategy.

 

[Dan Deesnee]

They have been. And the suits keep getting tossed because they, and you, don't seem to understand *true* negligence or incompetence.

Disney is still pulling in *billions* of dollars in *profits* each quarter.

Making a case that the company is being destroyed is built on ideology and politics, not reality.

I'm not sure what doesn't reality you may be living in, but a simple glance at their box office history over the past 15 years tells you everything you need to know.

The new Star Wars trilogy is reviled by the enormous fan base. And now, their shows are also not pulling in viewers and subscribers.

The MCU has faded into near irrelevance due to a huge and intentional shift in focus away from their most popular characters. Again look at box office numbers and the number of viewers on their Marvel shows over the years.

Their public image has been severely damaged as well, indicated clearly by looking at Rasmussen polls. There's a lot more proving this fact, and nothing that refutes this data.

https://www.rasmussenreports.com/pu...ey_to_return_to_family_friendly_entertainment

The above are based on numbers and facts.

You can choose to deny them, be mad about them, etc. But facts are facts.

 

[Dan Deesnee]

I have to agree. Disney movie budgets are OUT OF CONTROL! requiring EVERY MOVIE to make MASSIVE money to break even.

I wish they would manage their movie budgets like they manage their theme park budgets!!

The budget has nothing to do with the total box office hall. Their box office overall numbers are down. What are you referring to is their profitability.

Their budgets are absolutely out of control, but it has nothing to do with the fact that they're making far less at the box office. What it really is is two separate problems compounding into a much bigger one.

 

[_caleb]

“If you’re going to rob Peter to pay Paul, you can always count on the support of Paul!”

What does this pithy gem have to do with the conversation at hand? The equivalent seems to be "Disney+ is supportive of the Company's emphasis on streaming," or... something?

 

[Disstevefan1]

The budget has nothing to do with the total box office hall. Their box office overall numbers are down. What are you referring to is their profitability.

Their budgets are absolutely out of control, but it has nothing to do with the fact that they're making far less at the box office. What it really is is two separate problems compounding into a much bigger one.

My point is that the out of control budgets require Disney movies to make massive money just to break even.

Take Godzilla Minus One, it only cost 17 Million to make and that's a GREAT MOVIE!!

 

[Sirwalterraleigh]

Let me know when you think Disney is going bankrupt.

Is that what you’re worried about? Fear not

Now Is Bob worried that they can’t pull the lagging stock up and he needs to get his 2020 parachute back on?

Then we got sumpin’

 

[Surferboy567]

Many will laugh at this but I’m gonna say it anyways. This D23 is absolutely critical for the company it needs to hit hard. If they deliver on announcements (not just for the parks but that certainly helps) it can do alot to help the public perception of the brand. Especially after Universal’s big Dark Universe announcement yesterday.

I also think strong announcements could possibly drive stock performance. Investing in the parks as well with worthwhile announcements can't hurt either. If they don’t deliver, I think they are in for a rude awakening.

 

[Basil of Baker Street]

There are 2 things I know to be true.

1. Bob Iger will be the next CEO.
2. I could roll a ball across home plate and Carlos Stanton would swing at it.