Disstevefan1
Well-Known Member
Yes, I admit I have not done it and asked here as I thought someone would know. My mistake.
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Unsure who to vote for regarding the Walt Disney Co. Board
- Thread starter durangojim
- Start date
Indy_UK
Well-Known Member
Isn’t that common sense though? If the parks are a cash cow then you need to spend money to expand them in order to attract more attendance. I agree with Peltz on that and think all CEOs should be working to that mantra.
Rasulo is a dufus and is only being used my Peltz to get his seat in the board, nothing more.
Casper Gutman
Well-Known Member
What do they have to do?
Dranth
Well-Known Member
What he said is vague enough that it wouldn't matter even if there was any legal binding to speech being used to campaign to be on a board. For example, he said he wants them to disclose the ROI but nowhere did he say what is acceptable so that leaves him in a position to easily fight every thing they offer because it isn't good enough.
I guess to me, the bigger thing I legit don't understand from the pro Peltz group is why do people think he is suddenly going to operate differently than he has all the other times his group did this exact same song and dance? By voting for him you are saying you want more Chapek style, not less.
Disstevefan1
Well-Known Member
Make movies that cost less to make and market than they bring in at the box office
lazyboy97o
Well-Known Member
And nothing says “I have good ideas” like associating with a doofus.
Casper Gutman
Well-Known Member
This is what a fan thinks. Peltz, Rasulo, and Perlmutter are not fans.
Also, if investing in the parks is so obvious to Peltz, why isn’t it obvious to Iger? Iger isn’t a uniquely terrible executive, he’s a product of the dominant American business culture. In that context he’s a reasonably competent, even moderate, example of the type. Peltz is an extreme. He actually is what many posters on these boards have convinced themselves Iger is.
Casper Gutman
Well-Known Member
How? And how would Peltz help achieve this?Make movies that cost less to make and market than they bring in at the box office
Casper Gutman
Well-Known Member
If you ignore everything Peltz has ever done, everything Perlmutter has ever done, and everything Rasulo has ever done, it becomes a lot easier to pretend they might be good for Disney.
Brian
Well-Known Member
Does this look like the face of a man who is not a fan? He's got mouse ears and a ballon for crying out loud!
Indy_UK
Well-Known Member
Because Iger isn’t a parks fan probably. He just ignored them for so many years then threw 2 Star Wars lands and a ton of other stuff to try and catchup.
He just saw them as a Bank to fund the trendy stuff like Disney+ which was only loosing money.
Parks have now hit a wall where nothings planned really behind the scenes that is going to greatly increase capacity and attendance.
lazyboy97o
Well-Known Member
The parks have hit that wall because of the business model of the parks themselves. One very much encouraged by the focus on returns. There is absolutely to indicate that Peltz would push for a business model with greater emphasis on elements that do not directly produce revenue or can easily be traced to revenue. Spending money to increase capacity means doing the exact opposite, spending money on something that cannot directly increase revenue.
Casper Gutman
Well-Known Member
Yes, they can. A lot.
Disstevefan1
Well-Known Member
Oh, it was just a general suggestion. Not sure Peltz can help this problem. This problem will continue no matter who is on the board. Disney's movie / content creation business is broken.
As for how, Disney should learn from other movie makers how to manage costs when making movies.
I do not think its the content Disney is creating is as much of a problem with the costs to make and market their movies and content. Disney spend so much money to make and market a movie, the movies MUST be blockbusters to make some money.
Dranth
Well-Known Member
This is why I am confused though because Peltz very publicly supported Chapek. He got on CNBC and talked about it. Why does anyone think he won't push for more of the same?
Chapek got noticed and rose up the food chain in his long career at Disney by slicing and dicing.
But can they? Park reservations and G+ has ensured that not only can they better predict operational costs such as labor, but they can also control it by limiting capacity when needed.
I also don't believe that Parks were hit hard in the multiple rounds of layoffs which were announced by Chapek and occurred under Iger, so that would mean there is little fat to cut.
But I would be curious as to what you think they could cut? Personally I think their strategy is just raise prices.
James Alucobond
Well-Known Member
I like that every defense of voting these two in is either wholly retributive or willfully ignorant of past behavior of those involved. Making 1/6th of the board actively hostile to the thing you supposedly like by belonging to these boards seems weird. Did they invite the barbarians to their walls? Maybe, but you don’t have to cheer them on as they cut people down at the border because you think they brought it on themselves, especially if you like the things inside the border.