re: Bob Iger made 32M in 2023

All the issues that Disney currently has is based on Iger decisions and his ego:
1. He owes Billions for HULU- Not Chapek/All Iger
2. He overpaid for Fox and is doing almost nothing with it. He even hinted at selling the Fox networks and ABC and caused major backtracking when he found out the offers, he received were under Disney's valuation.
2. The status of the box office for Disney/Marvel/Lucas all projects were greenlit under Iger. Chapek has only greenlit Deadpool 3. So, all their current problems are his.
3. Much of the past success at Marvel was under Ike Perlmutter, the current issues began once Feige had free reign and unlimited budgets. Everything after Endgame is Feige. Iger sided with Feige and Victoria Alonso over Perlmutter. He swapped stock with Perlmutter for the sale of Marvel and Perlmutter is one of the largest individual stockholders in Disney.
4. Iger decided to fire Perlmutter when he returned and now Perlmutter has given his proxy to Nelson Peltz of Trian causing another proxy fight. Peltz has also teamed up with Jay Rasulo the prior CFO of Disney who was in line to replace Iger. Iger decided, he didn't want to leave and ran the guy off. He has stock as well and wants to be Iger replacement again. Chapek wanted to work with Peltz and Perlmutter, but since both endorsed Trump and are both Trump's friends and neighbors in Palm Beach. Iger's ego caused him to fire Ike leading to the Proxy fight. If Ike was still employed there, he couldn't give his votes to Peltz.
3. The parks have lowered capacity limits. Announcing they are at capacity while still raising prices by almost 60% (smoke and mirrors). All the park pricing changes were started under Iger and accelerated under Chapek. The main plan is to raise prices and lower capacity to limit the parks to wealthier customers under improving the guest experience.
4. The DEI initiatives were all started under Iger and accelerated prior to his notion of running for President. Those initiatives have fundamentally changed the Company and it will take years to remove those people who replaced the old guard of executives under Eisner that remained.
5. He never let Chapek actually run the company, because he maintained his office and control of the board. Once Chapek tried to show independence, it angered Iger and he moved to remove him. The CFO who initiated Chapek's ouster was pushed out as well.
6. They have not spent money on the parks for maintenance and upkeep as well as upgrading existing rides. Post Covid they have barely maintained a staff to upkeep the rides.
They spent a ton of money to make Jungle cruise culturally appropriate, but the Asian temple has camouflage netting on it, because the facade is falling off.
They are spending millions to culturally update Splash Mountain when it continually rated as the number one theme park attraction in the US is a poor allocation of funds when that could have been done to add rides or maintain and upgrade the ones they have.

7. Chapek got into a mess with Reedy Creek and Desantis, but his response was directed by Iger and since Iger's return Disney has doubled down on the lawsuits, etc.

They filed a lawsuit saying that Disney was being targeted politically and will probably lose that suit. They also tried to pass what was essentially HOA covenants to keep control of Reedy Creek, but that was shown to be invalid.
The County has also reassessed all the properties, in the special taxing district. Their tax burden has increased significantly. A current audit of the district has shown that the taxpayers have been footing the bill for improvents at the Parks (solar farm energy was supposed to be used in the district but it was sold on the open market) as well as Disney Springs Parking Garages and other locations that directly benefitted Disney based on actions by Reedy Creek. There is talk of malfeasance and possible prosecution.
7. The independent audit of the books has shown several abnormalities that occurred when it was Reedy Creek. It basically showed the taxing district was controlled by Disney and they never worked independent of Disney. They were even sending out email using Disney email addresses. All found because Iger and Disney listen to the DEI employees and could not leave the Fla bill alone.
8. Disney has projected to spend Billions of dollars in the parks in the next ten years, almost all are improvements foreign parks with the majority in Beijing. World is by far the best revenue producer of all the properties and the only improvements are DEI initiatives. DW produces almost 70% of their revenue. They don't even have a full ownership in Beijing and could lose the park anytime the CCP wants to take it but are making major investments there.

9. All he has ever done is overpay for things that they have ruined and misused. Lucas Film, Fox, the Muppets, etc.

10. He has allowed ESPN to become a mess, all under his watch. They can't afford to sell it because live sports make too much money, but their standard programming is awful in content, ratings, personality, etc. They now need a strategic partner to come in so that they don't have to cover all the expenditures promised to get the live programming.

These a just a few of Iger's accomplishments. He also signed a new contract with an Iger controlled board that essentially makes it to where he never goes away.

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He’s been CEO for 6 months. It takes time to turn around a company. The content being released now was all created prior to his current tenure. They’re going to give him a long run to fix things, and it will take time

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Iger has no interest in turning anything around. The LGBTQ/progressive activists will continue to man the helm in content production and writing. Iger will never go against those people.

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And Iger has objectively been great in that respect during his full time as CEO of Disney. $25 to $150 during his first run as CEO

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ummmmmm, Disneys stock price is $90

So hes being paid for getting it to $150? How does that work exactly, now that the stock is a little more than half of that? At what point will his salary reflect the actual work his is doing? After he leaves?

Thats seems ludicrous

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Iger has no interest in turning anything around. The LGBTQ/progressive activists will continue to man the helm in content production and writing. Iger will never go against those people.

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Iger says creators at Disney have lost sight of what their jobs should be -- 1) entertain first. It's not about messages. He says it got worse when he left as CEO/Chairman.

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LINK

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Now, according to Alex Sherman with CNBC, at the New York Times Dealbook Conference on November 29th

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Bob Iger may be the reason the woke turns around. He’s indirectly or directly called it out multiple times. And he’s been recognized as a force of change within Disney over time

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Made less than probably half the players in the NBA.

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NBA players literally have to be paid a certain % of revenue. There is no such regulation on Disney

Literally everything associated with Disney has deteriorated significantly over the last 5-10 years. It’s hard to think of a stock I’d be less interested in owning right now.