News Tom Staggs - Kevin Mayer have returned

Goofnut1980

Goofnut1980

Well-Known Member
The thing is... for the right price, any company is up for sale. The one I work for is being sold for a lovely $8.1 Billion. And going from publicly traded to private equity. If someone wants it, they will buy it. ABC, ESPN or anything they hold. Money talks.
 
castlecake2.0

castlecake2.0

Well-Known Member
ABC ain’t going anywhere, I’ll have to look for the list but Disney owns lots of other random networks that they could offload. Like said before, Disney and ABC need each other.
 
CaptainMickey

CaptainMickey

Well-Known Member
Where there is smoke, there is usually fire. This was the big logical rumor when Chapek got fired. Some people may not like them, but they are probably Disney's best option at this point. They are very familiar with the company and would require the least training to take over. Staggs did some great things at the parks (cut the deal to get Avatar land and made some huge improvements to the original New Fantasyland at WDW by adding Seven Dwarf mine train).

This ESPN partner deal sounds like an interview to see how everyone works together.

Actual available path to acquire their talents. Who realistically would be a better choice for Disney that is actually available?
 
drnilescrane

drnilescrane

Well-Known Member
CaptainMickey said:
Actual available path to acquire their talents. Who realistically would be a better choice for Disney that is actually available?
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I've got two different, and probably complimentary mindsets here:
  1. The house is actually on fire and Bob needs help. Succession can wait. The reporting - mostly in Puck and Kim Masters - is that Bob's been telling anybody he can the problem is deeper and more structural than he imagined when he took the gig. I think he thought he could come in, depose the unpopular king, put things back the way he had envisioned and the new CEO would be set up to run on autopilot. Clearly that's not the case.

  2. To paraphrase Michael Eisner a bit... "Who else do you think could run this company? ". Clearly neither Josh nor Dana are capable. Talking to friends on the DMED side Dana's basically their Josh - popular, well liked, about as deep as a wading pool. They'e both reached the apex of their competency but aren't up the challenge of this particular crisis.
(Also, I'm taking great schadenfreude in Bob Iger experiencing the exact same maelstrom of events that got Michael Eisner vilified for the last 18 years. Ok, it's awful $200m live action remakes, not awful $20m Direct to Video sequels... but we're in the same place.)
 
T

Trauma

Well-Known Member
Original Poster
drnilescrane said:
I've got two different, and probably complimentary mindsets here:
  1. The house is actually on fire and Bob needs help. Succession can wait. The reporting - mostly in Puck and Kim Masters - is that Bob's been telling anybody he can the problem is deeper and more structural than he imagined when he took the gig. I think he thought he could come in, depose the unpopular king, put things back the way he had envisioned and the new CEO would be set up to run on autopilot. Clearly that's not the case.

  2. To paraphrase Michael Eisner a bit... "Who else do you think could run this company? ". Clearly neither Josh nor Dana are capable. Talking to friends on the DMED side Dana's basically their Josh - popular, well liked, about as deep as a wading pool. They'e both reached the apex of their competency but aren't up the challenge of this particular crisis.
(Also, I'm taking great schadenfreude in Bob Iger experiencing the exact same maelstrom of events that got Michael Eisner vilified for the last 18 years. Ok, it's awful $200m live action remakes, not awful $20m Direct to Video sequels... but we're in the same place.)
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Would you care to elaborate on the house on fire scenario ?

I have been told time and time again that $Dis as a company is extremely profitable and that D+ ( The current anchor ) will be profitable very soon.

How can both be true ?
 
drnilescrane

drnilescrane

Well-Known Member
Trauma said:
Would you care to elaborate on the house on fire scenario ?

I have been told time and time again that $Dis as a company is extremely profitable and that D+ ( The current anchor ) will be profitable very soon.

How can both be true ?
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What some may call naïve optimism I’m going to call terminological inexactitude.
 
S

Sorcerer Mickey

Well-Known Member
Mmoore29 said:
There's rumors Disney will buy out Candle Media (meaning Disney would inherit Moonbug, Hello Sunshine and a minority stake of Westbrook Inc.) to have Staggs and Mayer return fully to Disney and be back in the succession debate, not to mention impact Reese Witherspoon and Will Smith's projects and effectively mean Disney is now their first-look partner.

At the very least, as I've stressed, Disney will not sell ABC, ESPN (except potentially getting the sports leagues to take minority stakes) and Disney Channel. The overseas pay-TV assets are certainly up for grabs, though. But NOT ABC, NOT ESPN, and NOT DISNEY CHANNEL.
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Can't wait to have Blippi and Cocomelon in the parks.
 
S

Sorcerer Mickey

Well-Known Member
Trauma said:
Would you care to elaborate on the house on fire scenario ?

I have been told time and time again that $Dis as a company is extremely profitable and that D+ ( The current anchor ) will be profitable very soon.

How can both be true ?
Click to expand...
The theme parks are very profitable, for the time being. Movie production is not doing so well - in fact, their movies are performing particularly awful this year save for GoTG and TLM is alright. They've lost a lot of good will in the two biggest franchises under their belt. Achieving profitability in streaming has turned out to be a lot more difficult than originally imagined, particularly in an era where money is no longer free.
 
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S

Sorcerer Mickey

Well-Known Member
TrainsOfDisney said:
That would be great - they are quite popular with kids! Be good content to add to Disney+
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My son was into Blippi a few years ago and I appreciated the educational side of his content, but it always shocked me that the characters he's loved the most throughout his life have never been Disney characters. Blippi, Cocomelon, Super Mario, etc. He did play with superhero action figures for a short time when he was 2 but it wasn't a big thing. He never watched Mickey Mouse Clubhouse, Doc McStuffins, or Lion Guard like my niece and nephew did when they were his age around 2010-2015.
 
T

Trauma

Well-Known Member
Original Poster
Disney stock did finish up over 3% today.

Not sure if that’s solely on this news or other factors where involved.
 

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