re: Woke Bob Iger CEO of Disney is stepping down tomorrow

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If his compensation package was predicated on running the company into the ground… he did a fine job!

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Its incredible he never got canned. Disney stock is a little lower today than it was in 2015, and he got paid $700m for the achievement of not even keeping up with inflation

Why didn't you respond to the post saying his stock is half of what it was 5 years ago? I bought during COVID so I'm still "up" 13%, but I was up over 125%+ at one point. No it's not "great" as you said, but you defending it is moron shite.

Just like netflix, Majority of people here still give them money no matter what they do.

I actually think it would be huge if Elon could buy some of these studios and big IPs, not to make them conservative, but to get rid of the progressive bullshite that's in everything now. Would be a cultural game changer.

Stock was actually higher under Chapek. He made many changes that were based at improving the bottom line. Iger actually never left, he backstabbed Chapek while keeping his old office, parking spot, etc. He took credit for the things Chapek did that succeeded and blamed Chapek for all the failures that were there before and started under Iger. He is an ego maniac who couldn't leave. I think this time he is actually going because the large investment funds want him gone. These "passive" funds who aren't supposed to have sway are pushing him out.

The problem is JD has been there with Iger and there is no real change coming. He is actually sharing power with Dana Walden (One of the heads of Kamala's campaign and her best friend) is now the president. She is even worse than Iger. Iger's goal was always to surpass Walt and replace Walt's legacy with his. The people that Iger brought in are worse than he is. There will be no change unless Blackrock and Vanguard want it to change.

The Parks and ESPN make the money; the studios and other entertainment divisions lose money. They have failed at streaming, and they have not really developed any new IP's. Now the Park attendance has fallen and is pricing out their customer base. There are several projects that are eliminating Walt's vision altogether. Americana in the Parks is almost gone. Also, the rise of Epic and Universal has really made them scramble to start spending money to try to keep up. JD has been the one making those decisions. Iger has several failures on the board right now. Dubai theme park will probably not happen, Fla Governor winning in the Reedy Creek actions and the delays till 2027 just announced in Orlando make the Parks long term outlook to catch Universal very unlikely. Considering the Parks are their main profit center, I can see why the major funds wanted Iger gone.

After a few years of reflection, Iger's legacy will show that he ruined Pixar, he allowed KK to ruin Star Wars, he pushed ESPN to resign deals with the NBA and Women's sports that are faltering. He failed to take advantage of the assets they acquired in the Fox deal which he wildly overpaid for, and he allowed the original Disney IP's to falter. All he has ever done is acquire other people's work and ruin it to make sure that his acquisitions were highlighted.

He's being replaced with someone just as woke and LGBTQ+ aligned as he was. Nothing will change.

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He's being replaced with someone just as woke and LGBTQ+ aligned as he was

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D’Amaro’s reputation inside Disney has been more operational than ideological.