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Bob Iger Returns As Disney CEO (cnbc.com) 107

Disney, in a shocking late Sunday announcement, said it had reappointed Iger as chief executive, effective immediately, after Iger's hand-picked successor as CEO, Bob Chapek, came under fire for his management of the entertainment giant. CNBC reports: "It is with an incredible sense of gratitude and humility -- and, I must admit, a bit of amazement -- that I write to you this evening with the news that I am returning to The Walt Disney Company as Chief Executive Officer," Iger wrote to employees in an email, which was obtained by CNBC. Shares of Disney, a Dow component, closed up more than 6% on Monday.

The dramatic upheaval comes 11 months after Iger left Disney, and days after Chapek said he planned to cut costs at the company, which had been burdened by swelling costs at its streaming service, Disney+. Earlier this month, the company's earnings vastly underperformed Wall Street's expectations. Even its theme park business, which reported a surge in revenue, delivered less than what analysts had projected. Iger will help the company's board develop a new successor, Disney said in a release.

Shares of Disney have fallen about 37% so far this year. The stock hit a 52-week low Nov. 9. Iger has signed on to work as CEO for two years, Disney said Sunday, "with a mandate from the Board to set the strategic direction for renewed growth and to work closely with the Board in developing a successor to lead the Company at the completion of his term." "We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic," said Susan Arnold, Disney's board chair. She will remain in that role.

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Bob Iger Returns As Disney CEO

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  • by timeOday ( 582209 ) on Monday November 21, 2022 @05:51PM (#63069660)
    If Bob Iger is as good at picking talent or scripts as he as at timing his departures and arrivals in his position, then Disney is in great hands. Look at all these percentages in the summary about Disney's recent decline - all of which are NOT contextualized by the performance of peer companies or even the overall market in the same time period. Warner Bros (HBO) is down 59% in the last year. Netflix is down 57%.

    I have watched in my career and seen that some people have a talent for only being associated with successes. There is a lot that goes into that, and only a fraction of it is whether your contribution causes the effort to be a success... choosing what projects to join, and when to jump ship, and also manipulating the perception of blame or credit, are all big factors.

    • by UMichEE ( 9815976 ) on Monday November 21, 2022 @06:11PM (#63069716)

      It's probably not the case that Bob Iger wrote the songs that made Frozen a hit or chose Chadwick Boseman to play Black Panther, but it is the case that he bought Marvel, Pixar, and Lucasfilm during his tenure. Disney paid a lot for Pixar, but it brought in Pixar leadership to run Disney's animation studios, which has resulted in big hits like Frozen and Zootopia. Iger bought Marvel when the only MCU movies released were Iron Man and The Incredible Hulk (Edward Norton version). Iger bought Lucasfilm for twice the box office gross of the first Lucasfilm movie Disney released.

      On top of the successful M&A during his tenure, everyone seems to have liked Iger. On the other hand, it seems like people didn't like Chapek. As I read this morning, his reports went and talked to the board and told them that they had no confidence in him. Chapek comes out of this looking bad, but so does the board that renewed his contract and then fired him a few months later.

      • One thing is certain, during Iger's tenure Disney's output was doing very well. MCU was basically a license to print money, and even the second tier instalments like Deadpool made insane amounts of money for the costs of production and marketing. Now maybe Chapek came in just as the tide was turning, and he was the the guy unlucky enough to be at the helm when the tide went out, but there have been some major stumbles. Some of them, like the third Star Wars trilogy, pretty much happened under Iger's watch,

        • By far the best Disney CEO in recent memory is Michael Eisner. He was essentially ousted because he did not get along with Steve Jobs at Pixar, and Bob Iger was brought in to get that deal done. But the movies under Eisner are some of the best known today as classics.
    • by RoccamOccam ( 953524 ) on Monday November 21, 2022 @10:15PM (#63070278)
      See the Critical Drinker's entertaining take on this development: https://www.youtube.com/watch?... [youtube.com]
      • The Critical Drinker's problem is he thinks the CEO have intimate creative direction over the works. He's very good at correlation, but sucks at causality.

  • Life is really weird sometimes, so Iger runs the company into the ground with agendas and politics, and only eleven months later they fire the guy brought in to clean up after him - and being back Iger. I guess Disney has not hit rock bottom, yet.

    • Iger runs the company into the ground with agendas and politics

      All that may be so but Chapek was even worse.

      You could at least imagine Iger being competent enough to ditch stuff that was really costing Disney money.

      Also Iger seems to at least appreciate things like Imagineering that made Disney the success it was, Chapek seems to hate innovation in any form.

      I don't know if Iger can really turn anything around but at least there's a chance now. I wouldn't personally buy stock (had some in the distant past

    • It is unfair to blame Chapek for the fairly lousy content that has been released under his reign. I don't think I'm alone in feeling like the recent MCU movies (and TV series) haven't been up-to-snuff.

      • Star Wars has certainly been an underperformer, and any success has been eked out in the TV shows, where they've actually found some people that actually like the franchise. I think everybody knew that End Game was the literal ending of an era, and from the closing credits onward a lot of people were asking themselves "Wow, that was amazing, how the fuck do you top that?" and the answer has largely been "We have no fucking idea." It's also just been a crazily unpredictable time for pretty much all entertain

      • "You gotta do better, Disney!"
    • by hondo77 ( 324058 ) on Monday November 21, 2022 @06:21PM (#63069752) Homepage

      ...Iger runs the company into the ground...

      If by "run the company into the ground" you mean the stock on the day he left was 6x what it was when he started, then yes, he did a great job of that.

      But I guess you didn't like episodes 7, 8, and 9 and that's all that really matters, right?

      • by godrik ( 1287354 )

        Hey! Don't let reality come in the way of a belief!

      • He also bought a ton of successful companies, so the valuation of Disney had to follow. Basically whenever they feared a problem with the stocks, they bought a company to prop it up. You can only do that so long until you run out of big companies to merge with.

        As someone else here said, Iger was good at managing the perception that he was good.

    • What agendas and politics has Disney been involved in? I thought their business model was making bad movies and running theme parks.
      • Disney is ALL about making money from you paying to see whatever crap they make by suckering you in with whatever new purchase they have. Star Wars, Marvel, Pixar, they run them all into the ground until they have to go buy some more. We'll see how long they can go before everybody is sick of them. Pixar at least HAD new creative talent but Iger was the man who thought it was too good and spread that out all over the company to make everything suck less and Pixar slide down into their animation dept -- perh

        • Well, yes. I agree with your sentiment, but that doesn't really answer my question. I'm still unaware of Diisney being political at all in fact I thought they avoided that stuff.
          Apart from buying new copyright laws every few years of course.
          • Wasn't trying to answer that question. As far as I've noticed, Disney avoids getting into politics; however, today anything can be made political by the extreme nuts who are not only somehow amplified but infect gullible people with their ideas. We need to go back to ignoring them like we used to do with almost all of them.

      • Well, if you put any stock into what the republicans have to say, Disney... by acknowledging that gay people are human beings and deserve to be treated decently... has been the cause of Florida being hit by hurricanes ever since the '90s.

        https://www.tampabay.com/archi... [tampabay.com]

    • by Vrallis ( 33290 )

      The Disney board brought in Chapek to put out Iger's fires, but then refused to give him any water to do so.

    • by Ol Olsoc ( 1175323 ) on Monday November 21, 2022 @08:49PM (#63070130)

      Life is really weird sometimes, so Iger runs the company into the ground with agendas and politics, and only eleven months later they fire the guy brought in to clean up after him - and being back Iger. I guess Disney has not hit rock bottom, yet.

      There is a real issue in Disney these days, and they showed no improvement with Chapek, perhaps becoming even worse.

      But it does not start and end there. Somewhere along the line, these entertainment efforts became much more about lecturing and accommodating people who are very loud, but do not go to the movies they insist must conform to their ideology.

      This is so strong, and persistent that the writing has fell off a cliff. While there are multiple and sundry examples, we might use one of their latest failures - She-Hulk, as an example. Not funny, not entertaining, and looking more like it was written be Ms Steinem's Gender studies class than people trained to write scripts.

      In addition, they appear to have forgotten that in order to make money, you have to have people buy what you are selling. Ot claiming that the audience is misogynistic troll fanboys - committing the mortal crime of assuming the gender of the women who think they are producing poor entertainment.

      The sad part is that it is quite possible to have inclusiveness in entertainment. You have to be able to tell a good story though. Job number one is scriptwriting skills, and directorial skill.

      Job number two is respect the legacy. Job number 3 is respect the fans, not poke them with a stick just because they have a criticism.

      Complaints are a gift, they really are. In what I do, if someone complains to me about something I'm involved in, I thank them and tell them I'll look into it. Then I do. I definitely do not throw insults at them and call them names. The stunning thing is just how well that works. I know that seems like a strange thing in today's world, but yeah, showing a little respect goes a long way.

      And replacing a whole lot of people with competent ones will be a big first step.

      • by skam240 ( 789197 )

        It's funny how the culture war taints everything. Once upon a time we used to blame bad writing for bad writing and bad film making for bad film making. Now every time a movie or show is poorly made I hear it's because of some nebulous and poorly defined agenda.

        • It's funny how the culture war taints everything. Once upon a time we used to blame bad writing for bad writing and bad film making for bad film making. Now every time a movie or show is poorly made I hear it's because of some nebulous and poorly defined agenda.

          The people making these poor videos do often express their agenda though.

          Charlies Angel's was promoted and marketed as a feminist manifesto And while her claiming it wasn't after doing damage control - any interview with her there is always the M word tossed around. There are more - I just put this out there as a note.

          • by skam240 ( 789197 )

            Meanwhile Charlie's Angles isn't a shitty movie because "feminism", it's a shitty movie because of shitty writing and boring characters. It wasn't even based on a good show.

            • Meanwhile Charlie's Angles isn't a shitty movie because "feminism", it's a shitty movie because of shitty writing and boring characters. It wasn't even based on a good show.

              Yes - it was a poor movie. But it was promoted as a feminist manifesto.

              I can't control how they promote their products, so in believing that they are not dissembling, I accept that they meant what they said.

              Banks regrets making it into that https://www.newsweek.com/eliza... [newsweek.com] But regret or not, she hasn't said she did not believe what she said. And read the article - she wanted a female directed movie with female stars. We are left to wonder about how her post movie statements about not trying to push an

              • by skam240 ( 789197 )

                Feminism does not make a movie bad though. One could easily argue that Sigourney Weaver in the Aliens movies was pretty hard core feminism for the 80's https://movieweb.com/feminism-... [movieweb.com] but no one cared because they were great flicks (at least the first two were) and sure, while they werent marketed as feminist movies, given how progressive James Cameron typically is I strongly suspect she was intended to be a progressive character.

                • Feminism does not make a movie bad though. One could easily argue that Sigourney Weaver in the Aliens movies was pretty hard core feminism for the 80's https://movieweb.com/feminism-... [movieweb.com] but no one cared because they were great flicks (at least the first two were) and sure, while they werent marketed as feminist movies, given how progressive James Cameron typically is I strongly suspect she was intended to be a progressive character.

                  That is very true. Weaver did a great job, her character was very sympathetic yet strong, and drew you right in.

                  Feminism per se is not a determinant of the quality of a movie. But the way the characters are portrayed surely is. It's how you approach it. Ripley, or Sarah Conners were characters who you cared about. Today's promoted female lead characters often lack that sympathy, as if a relatable character was somehow a weakness. It isn't. If you want to promote a person or persons, you make them a pers

                  • by skam240 ( 789197 )

                    All I see you doing in your post is a dislike of bad writing / directing.

                    Ripley is a feminist character for more than just being strong btw. She literally had to climb over the gross incompetence of here exclusively male superior officers to save the day in both of the first two movies as just one example.

      • by AmiMoJo ( 196126 )

        Are you kidding? We are still waiting for Disney to follow through on its promise of an openly gay character in an animated movie.

        There have been some very, and I do mean very, mild bits of inclusion for LGBTQ people in some of the live action movies. Typically background characters and never very relevant to the plot.

        I don't know why you think She Hulk was a failure. 85% approval on RT, generally positive critical reviews, decent viewership. Some people got very upset because the finale mocked their misogy

        • by theCoder ( 23772 )

          We are still waiting for Disney to follow through on its promise of an openly gay character in an animated movie.

          Wasn't Buzz's (work) partner a lesbian in the recent Lightyear movie? I have heard one of the characters in the upcoming "Strange World" movie is gay. Though maybe you are looking for an LGBTQ character in a good movie...

          I don't know why you think She Hulk was a failure

          A lawyer show written by people who admitted they didn't know how to write law scenes? Even on the very unreliable RottenTomat

          • by AmiMoJo ( 196126 )

            Wasn't Buzz's (work) partner a lesbian in the recent Lightyear movie?

            Yes, and they were on the screen for about 2 seconds.

            A lawyer show

            Not really, there was very little legal stuff and most of it was just to set up stuff outside the courtroom.

            Ignore the audience scores, the show has been review bombed heavily. The finale had a bunch of misogynists complaining that She Hulk didn't "earn" her powers, and stuff like that. Upset lots of real-world misogynists.

            Andor I think is actually pretty good in parts. The first half of the season was badly paced, with a few episodes where basically noth

        • Who gets excited for this stuff? Probably not 80% of their audience.
          • by AmiMoJo ( 196126 )

            Black people are about 14% of the population in the US, does that mean that black representation in media doesn't matter?

            Disney seems to think it does matter. It's just that there are still enough people who get angry about LGBTQ people existing to stop them doing anything meaningful.

      • Somewhere along the line, these entertainment efforts became much more about lecturing and accommodating people who are very loud, but do not go to the movies they insist must conform to their ideology.

        Not really. Entertainment has always throughout history pushed agendas and lectured. The difference is when these are well written you don't notice it. What we have recently are a bunch of morons who failed storywriting 101 being put in charge of blockbuster content and producing actual garbage. While they pushed their agenda they did so in an offensive way that requires complete suspension of disbelief (not the disbelief of magic, science, aliens, etc, but rather the disbelief of how a normal person acts).

        • Somewhere along the line, these entertainment efforts became much more about lecturing and accommodating people who are very loud, but do not go to the movies they insist must conform to their ideology.

          Not really. Entertainment has always throughout history pushed agendas and lectured. The difference is when these are well written you don't notice it. What we have recently are a bunch of morons who failed storywriting 101 being put in charge of blockbuster content and producing actual garbage. While they pushed their agenda they did so in an offensive way that requires complete suspension of disbelief (not the disbelief of magic, science, aliens, etc, but rather the disbelief of how a normal person acts).

          You're not complaining about ideology, you're complaining about bad writing.

          I don't disagree. A lot of classic movies and television have an impressive amount of progressiveness. We sometimes forget that Mary Tyler Moore had it put into her contract that she could wear capri pants onscreen at some regular interval. Many of us are thankful for that. We forget that there was apparently the first interracial smooch on TV took place in a Star Trek episode.

          But as you note, everything was done well enough that most people subconsciously absorbed it.

          This present batch of racist, sex

    • so Iger runs the company into the ground with agendas and politics

      If you think the CEO is the one making these content based decisions you're delusional. Instead Iger is the one who bought Marvel, Lucasfilms, and Pixar all of which made a fucking mint for Disney. Under his tenure the company grew massively. He was in every respect a huge success regardless of what you thought of the quality of a film you didn't like.

    • Agenda and politics? Oh no, they exercised their First Amendment right and opposed a bill that Florida Republicans wanted. Additionally, they stopped donating to Florida Republicans. DeSantis and other Florida Republicans decided to punish Disney for exercising their First Amendment rights by suddenly deciding the special tax district was a problem and even though Disney's is unique they decided to get rid of all of them so they could claim they weren't really targeting Disney even though Republicans treat

  • 11 months (Score:4, Insightful)

    by Bodhammer ( 559311 ) on Monday November 21, 2022 @05:56PM (#63069678)
    Given production cycle times, doesn't that mean he was in charge when all this current trash was greenlit?
    • by hondo77 ( 324058 )
      The CEO of The Walt Disney Company has a head of the studios [thewaltdisneycompany.com] under him and that person greenlights movies and TV shows. It's a very big company with a very busy CEO.
  • by fahrbot-bot ( 874524 ) on Monday November 21, 2022 @05:56PM (#63069684)

    His "Iger Counter" had been ticking loudly [youtube.com] for weeks ...

  • Previous leadership hugely failed. They alienated 80% of customers trying to defend mostly perceived affronts to 10% of the population. There is no better way to lose customers than that. But if you say this out loud, you get fired these days, and everyone thinks that's just great. It will be interesting to see Bob navigate these waters. He will be most successful by keeping his - and his employees' - mouth shut on irrelevant topics,
    • 70% of the US population supports gay marriage. You conservatives are slowly losing the culture wars. Its almost like more and more people are coming to the conclusion that the true American way is that EVERYONE has the same set of rights and responsibilities, and the word everyone means e-v-e-r-y-o-n-e.

      Disney is a mirror of US society. They make entertainment that sells, and being ahead of the curve in social progressiveness NEVER makes $$$$. They simply reflect the era.

      Igert knows this. If you
      • by Tablizer ( 95088 )

        > 70% of the US population supports gay marriage. You conservatives are slowly losing the culture wars.

        While that may be true, if Fox pundits or televangelists can get say a third of the US to boycott a company, such can still ruin their bottom line and stock price. Conservatives may be waning, but they can still do a lot of financial damage to their targets.

        • if Fox pundits or televangelists can get say a third of the US to boycott a company, such can still ruin their bottom line and stock price.

          Fox News is not going to get anyone to stop consuming any Disney media whatsoever. The people who televangelists could convince not to already think they're godless for their animal icons or whatever.

      • You can support gay marriage and still dislike modern Disney. Of course Iger was CEO during some of the decision-making processes that lead to modern Disney so bringing him back may not make much of a difference.

    • by quantaman ( 517394 ) on Monday November 21, 2022 @07:29PM (#63069962)

      Previous leadership hugely failed. They alienated 80% of customers trying to defend mostly perceived affronts to 10% of the population. There is no better way to lose customers than that. But if you say this out loud, you get fired these days, and everyone thinks that's just great. It will be interesting to see Bob navigate these waters. He will be most successful by keeping his - and his employees' - mouth shut on irrelevant topics,

      Disney isn't losing money because they're "too woke" or whatever. They're losing money because they made ridiculous loads of money off the backs off of Marvel, but then Infinity Wars finished and they haven't found a good followup.

      And if you think their followup problem was due to "wokeness" recall that the two lynch pins are white men (Spiderman and Doctor Strange) while their two major hits (Black Panther movies) had black protagonists.

      • People seemed more upset about the Pixar movie Buzz Lightyear, the Disney exec with two pansexual kids:

        https://www.washingtonexaminer... [washingtonexaminer.com]

        and general political activism on Disney's part.

      • Re: (Score:2, Interesting)

        by quall ( 1441799 )

        How can you say that it's not due to being "too woke", but then you basically say that these woke follow-up movies are bad, and that's why people aren't watching? Yeah, they're bad movies because of their woke writing.

        Funny you bring up Spiderman because that IP is owned by Sony, not Disney. It's literally the one IP that they aren't allowed to mess with by contract, and it's been their highest performing film since they've gone woke....and by a huge margin. But being their only non-woke film is just a coin

        • How can you say that it's not due to being "too woke", but then you basically say that these woke follow-up movies are bad, and that's why people aren't watching? Yeah, they're bad movies because of their woke writing.

          You think I said that? Because I don't think I said that.

          Black Panther was a massive hit. Captain Marvel made over a billion dollars. Enternals was actually one of my favourite films but considered a flop. There's plenty of hits and duds among both the diverse and the "white dude" leads.

          The current Marvel issue is nothing to do with wokeness, it's that they haven't found a nice coherent long term arc like they did with the infinity stones.

          Funny you bring up Spiderman because that IP is owned by Sony, not Disney. It's literally the one IP that they aren't allowed to mess with by contract, and it's been their highest performing film since they've gone woke....and by a huge margin. But being their only non-woke film is just a coincidence right?

          The second Black Panther movie is selling tickets at a rate of 50% less than the first. Now imagine if they didn't go woke to alienate half of their audience?

          The reason the Spiderman IP is owned by Sony is that is he's always b

      • Re: (Score:2, Insightful)

        by rally2xs ( 1093023 )

        "Disney isn't losing money because they're "too woke" or whatever."

        You have no idea. People don't want their kids exposed to 1) sexual perversion or 2) sexual anything.

        I know of at least one family that didn't let their kids see DC League of Super Pets because of a 1 1/2 second shot of 2 people who abandoned a dog because they were engaged, and the graphic showed 2 people of the same sex. That was the ONLY objectionable thing in that whole movie, yet those kids never saw it. One guy is going to use an

    • They alienated 80% of customers trying to defend mostly perceived affronts to 10% of the population. There is no better way to lose customers than that.

      Disney is not losing customers. Try getting a ticket for Mickey's Christmas Party at Magic Kingdom in Florida? Oh right, you can't, it's completely sold out. Disney+ has been adding subscribers like gangbusters [techcrunch.com].

      Bob "paycheck" is simply getting the scapegoat treatment for the beating Disney took during the height of the Covid-19 pandemic, and the fact that Disney's studios do have a tendency to drop a stinker [wikipedia.org] every once in awhile.

      • by quall ( 1441799 )

        Ok. Now make Mickey Mouse trans, turn Minnie into a lesbian, and race/gender swap the other characters. How much demand do you think there will be compared to pre-woke sales? Probably a lot less.

        Nobody is going to Disney's woke Star Wars attractions. They're going for the classic stuff. Nobody is buying their woke toys and merchandise. None of what you are saying matters because we can see that revenue is down and their stock has dropped more than half in a year. All other stock is bouncing back, but Disney

        • This stuff is only happening in your imagination. I just sat through the first two episodes of Disney's new Santa Clause series and so far it watches like someone decided to write a script about the supposed "War on Christmas". So far, there doesn't seem to be any LGBTQ+ characters, gender-swapped roles, or any of that "wokeness" ya'll have a problem with. It's just good ol' Tim Allen being an old man shaking his fist at a cloud for an hour or so.

          It's sitting at a 71% approval rating on Google, whereas T

          • by quall ( 1441799 )

            Mandalorian is woke? I've never heard anyone claiming this. The only controversy I remember is when they fired an actual strong female actor, because I guess she was too much of an independent woman? Outside of that, nothing.

            Tim Allen has been attacked by the woke time and time again. He's a heavy conservative. You surprised that his show isn't woke?

            Now that you've cherry picked those 2 pieces of content, let's talk about the other forgetful ones like every MCU series.

            It's my imagination that ticket sales a

    • Re: (Score:2, Informative)

      So you're upset about a black girl playing a fictional creature? If you'd pull your head out of your ass and listen to the director she was chosen because of her singing skills, not her skin color.

      • by quall ( 1441799 )

        So if a white man was swapped to be the new black panther.....

        Well that's different because [insert non-nonsensical argument here]

        • by skam240 ( 789197 )

          It's most as if Hollywood has a past issue with black folks not being allowed to act with black characters being played by white actors instead.

          You don't care about that though. As your second line assures us all, you've already come to the conclusion that anyone who dares disagree with you is wrong.

          • I'm still not clear on what color skin a mermaid has.

            • by skam240 ( 789197 )

              Well since they're make believe I'm going to say purple. It's as correct as any answer.

              • by quall ( 1441799 )

                Sure. As long as Black Panther can be an light skinned Asian guy. Make-believe and all that, right?

                • by skam240 ( 789197 )

                  Not really, Black Panther very specifically comes from Africa and his lore is all bound up in the continent. Asian people dont come from Africa so it wouldnt work with the lore.

                  If you're going to be so lame as to try to ask a "gotcha" question at least make sure it's air tight.

                  • by quall ( 1441799 )

                    Kind of how The Little Mermaid is a Danish fary tale that takes place on the shores of Denmark? It's not a "gotcha" question. It's a parallel analogy. Seems to me that you're the one reaching for "gotchas" or excuses.

                    Sounds like the location and skin color only matters when it suits you.

                    They can change the entire continent if that makes you happy? Write the next Black Panther story to take place in China as if it never took place in Africa at all, and then it would be ok to make Black Panther an Asian guy f

                    • by skam240 ( 789197 )

                      Sounds like the location and skin color only matters when it suits you.

                      Not at all. Mermaids arent Danish because Danes aren't fucking fish people.

                      This is going to blow your mind but authors are capable of and often do write of characters that are not of their ethnicity.

            • by quall ( 1441799 )

              Ariel, the red-headed Danish mermaid?

              What about the color of the Black Panther's skin? Is the color of that fantasy made-up character's skin clear somehow?

              • by skam240 ( 789197 )

                Ariel, the red-headed Danish mermaid?

                Huh, I wasnt aware Denmark was under water...

                • by quall ( 1441799 )

                  It's a Danish fary tale. The implication is that it takes place on the shores of Denmark. Did you ignore my second statement because you didn't understand that analogy?

                  I certainly hope you're aware that Black Panther is a fantasy story, and Wakanda isn't real. So there cannot possibly be any issues with changing the Black Panther's race right? I disagree here too, but your argument seems to be that it wouldn't matter because it's make-believe. Sorry, but the fans would definitely be vocal about it there too

                  • by skam240 ( 789197 )

                    As I said in my other post to you, so not only do Danes not come from underwater but Danes aren't fish people either so Ariel is obviously not Danish. Mer people even have their own kingdom.

                    After that, while Wakanda is a fictional country it's place in Africa is essential to Black Panther lore at this point. To change the characters ethnicity you'd have to change huge portions of the lore and at that point it's not really the same character anymore.

          • by quall ( 1441799 )

            You referring to black face? From what, a 100 years ago? Uuhhhmmmm, ok. And yes. I've already come up with a conclusion based on past arguments.

            These hypocrites say things like "Well in the past, Hollywood did some bad things. So it's ok to start doing bad things now even though I just called them bad."

            Totally nonsensical.

            • by skam240 ( 789197 )

              Go ahead and fly a swastika in front of your house for a few weeks and let me know how that goes for you. It's a symbol of good luck after all https://www.bbc.com/news/magaz... [bbc.com] .

              You can whine all you want about it but history matters to most people.

              • by quall ( 1441799 )

                Agreed about history mattering to some people. But it only matters when it suites them.

        • Whataboutism.

    • by gtall ( 79522 )

      The previous head was hand picked by Iger because he thought that head's "hardheaded" approach to business would work for Disney. Iger is just as much to blame.

  • Earlier this month, the company's earnings vastly underperformed Wall Street's expectations.

    That's a bit odd, innit?

    It's not that they underperformed last year's (or last quarter's) sales and profits metrics. They underperformed some Wall Street whiz kid's expectations. Seems a bit arbitrary, and perhaps rife for the rigging.

  • I'm not fond of pretty much anything Disney beyond a few films, and I certainly don't give a rat's ass about the C-suite occupants. But blaming the guy who's only been there 11 months seems rather "convenient" - what can a CEO do in so short a time to make or break a company? "Oh gee, shit happened that we had no control over - let's blame the CEO!". That kind of thinking seems to me at best capricious, and at worst magical.

  • by stabiesoft ( 733417 ) on Monday November 21, 2022 @07:37PM (#63069998) Homepage
    Firstly, I like his humility. From the letter he sent to employees. "It is with an incredible sense of gratitude and humility and, I must admit, a bit of amazement...

    When I look at the creative success of our teams across our Studios, Disney General Entertainment, ESPN and International, the rapid growth of our streaming services, the phenomenal reimagining and rebound of our Parks, the continued great work of ABC News, and so many other achievements across our businesses, I am in awe of your accomplishments and I am excited to embark with you on many new endeavors....

    allow me to express my deep gratitude for all that you do. Disney holds a special place in the hearts of people around the globe thanks to you, and your dedication to this company and its mission to bring joy to people through great storytelling is an inspiration to me every single day."

    Note how there is no me in any of that. So refreshing to thank the people who do the work and getting to be so uncommon in CEO's. I also saw another blurb how he started as a low level studio guy. So he came from modest roots to.

  • Micky has put his brass knuckles back on and is looking to kick some ass!

  • by indytx ( 825419 ) on Tuesday November 22, 2022 @06:45AM (#63070764)

    A few years ago, our family had a Disney World vacation over a holiday. It was so, so expensive, but also so, so wonderful. We stayed on a monorail resort, ate super well, and had a great time. Iger was boss.

    One of my siblings took their family the past year and it was horrible. Stupid fees for everything. Horrible lines. Horrible food. Disney tried to monetize everything. Chapek was boss.

    I'm not going to comment on movies and shows, but WDW took a crazy downward spiral between our two visits, and all that makes sense is that Chapek didn't care about the experience of people dropping thousands of dollars on a family vacation. My family and I left with a super positive view of WDW and Disney resorts in general, and my sibling will never spend another penny.

  • Dump the streaming service then. People largely hate being nickeled and dimed buy dozens of streaming services anyway.

It is clear that the individual who persecutes a man, his brother, because he is not of the same opinion, is a monster. - Voltaire

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