CNBC on Chapek & Iger’s falling out

[RivShore]

Reedy Creek still bubbling up...

https://www.clickorlando.com/news/l...tential-of-repeal-of-disneys-reedy-creek-act/

 

[TheDailyMoo]

Your last point is why I don't think it matters who is in charge cause a lot of the changes that have happened are things they have always wanted to do.

I don’t think many on the board shared his vision however I’m sure they were railroaded by him and his backers. I think his political aspirations got in the way of running Disney as…you know…Disney.

 

[TheDailyMoo]

Reedy Creek still bubbling up...

https://www.clickorlando.com/news/l...tential-of-repeal-of-disneys-reedy-creek-act/

As a shareholder of a stock that’s being beat up constantly this upsets me greatly. You have certain things you want to do as a company to increase your inclusivity. Fine. Do it. But now you’ve just become another political entity that seems to be entrenched deeply on one side with enemies on the other. Not cool in my book and I think many others feel the same. Again it’s one thing to change the way you operate in certain aspects that align itself more with newer values but once you start acting like a teen on Twitter starting wars with a whole state well that’s just dumb.

 

[RivShore]

As a shareholder of a stock that’s being beat up constantly this upsets me greatly. You have certain things you want to do as a company to increase your inclusivity. Fine. Do it. But now you’ve just become another political entity that seems to be entrenched deeply on one side with enemies on the other. Not cool in my book and I think many others feel the same. Again it’s one thing to change the way you operate in certain aspects that align itself more with newer values but once you start acting like a teen on Twitter starting wars with a whole state well that’s just dumb.

Very true and I have a hard time seeing how the shareholders interest is served by being a Twitter warrior.
On Cramer's CNBC morning show today, he said something like "Chapek really did something amazing, he got all sides ticked off at him and the company, really poor job of handling it".

Has anyone seen how Universal has handled the issue? I have seen nothing, while Disney is in the news 24/7 currently.

 

[BrianL]

Has anyone seen how Universal has handled the issue? I have seen nothing, while Disney is in the news 24/7 currently.

That's because Universal Studios doesn't make for as sensational a headline as Disney. Disney is an institution and it grabs people's attention.

 

[DduzDis]

That's because Universal Studios doesn't make for as sensational a headline as Disney. Disney is an institution and it grabs people's attention.

I bet there would be plenty of headlines for Universal if they sided with Disney on this one. My guess is Universal doesn't have the outspoken contingent Disney seems to have.

 

[lowlight]

As a shareholder of a stock that’s being beat up constantly this upsets me greatly. You have certain things you want to do as a company to increase your inclusivity. Fine. Do it. But now you’ve just become another political entity that seems to be entrenched deeply on one side with enemies on the other. Not cool in my book and I think many others feel the same. Again it’s one thing to change the way you operate in certain aspects that align itself more with newer values but once you start acting like a teen on Twitter starting wars with a whole state well that’s just dumb.

https://www.blackrock.com/corporate/investor-relations/larry-fink-ceo-letter

That’s why.

 

[Jrb1979]

I don’t think many on the board shared his vision however I’m sure they were railroaded by him and his backers. I think his political aspirations got in the way of running Disney as…you know…Disney.

That may be true before. At this point I don't see it going back to Disney being Disney.

 

[New Mouse]

In other news, Georgia to ban critical discussion on race within schools... look for Florida to follow suit. But I guess it's ok because parents should be able to teach their kids whatever they want, right?

 

[GCC55]

I know this is going to be shocking to some people, but Disney has a lot more conservative employees than LGBT employees.

Disney’s LGBTQ workforce has been estimated to be 40% of total.

Conservative employees are far less than 40% of total.