Iger's return getting extended?

[jade1]

Galaxy's Edge cost more and was supposed to be the Diagon Alley killer. It wasnt. if you took the Star Wars Ships, shut the shops down and no wandering StormTroopers out of Galaxy's Edge it wouldnt really feel like anything like Star Wars. If you took out the Dragon and no team members were in Diagon Alley and all the shops were closed off, you would feel like you were in Diagon Alley. Thats the difference in quality to me. They hampered themselves by trying to force it to the Sequel Trilogy.

100% agree with everything above.

Partly why I am looking forward to Ministry of Magic at Epic.

And forcing Galaxy to the sequel trilogy is also a mistake.

 

[gottalovepluto]

Extended through end of 2026 according to CNBC today

 

[mdmost]

Lots of gears being grinded right about now.

https://twitter.com/x/status/1679235280178479106

 

[etherealcaitiff]

I really hope they didn't just "Tom Staggs" Josh D'Amaro with this decision. Disney is stagnate right now and needs someone fresh to kick it back into gear. Josh has been doing all the little things lately to look like a good CEO (park visits, talking to guests, getting favorable news pieces published about himself, etc). I thought that certainly he'd get named as the next CEO this year. If this decision makes Josh leave, Disney is in real trouble. They better pray he has even more patience.

 

[0FF TO NEVERLAND]

I really hope they didn't just "Tom Staggs" Josh D'Amaro with this decision. Disney is stagnate right now and needs someone fresh to kick it back into gear. Josh has been doing all the little things lately to look like a good CEO (park visits, talking to guests, getting favorable news pieces published about himself, etc). I thought that certainly he'd get named as the next CEO this year. If this decision makes Josh leave, Disney is in real trouble. They better pray he has even more patience.

" looking " like a good CEO and doing things for the people who go to the parks is different. He was the much lessor of two evils between him and chapek when they fired chapek. Many people don't realize that a majority of the things we can't stand about Disney today, was in development when he was still in power. Genie plus etc. If he " examined " every facet of the business, he would have gotten rid of the things people hate the most about the parks. He won't though cause they make them more money. It's a business. The boards wants $$$. That's priority number 1

He's fine for now, but they need someone who has the magic and cares deeply about the parks. The issue is, its not only about the parks. Its about the rest and all that $$$ now with Disney plus, IP, etc

Josh has a say in these issues and has been going with them, including ones we can't stand. The question is, is he hand tied and really wants to change things, or does he really feel its go with the flow of what Iger wants and agrees with his ideas. Josh needs much more experience to even be considered, outside of the parks area.

 

[gottalovepluto]

I really hope they didn't just "Tom Staggs" Josh D'Amaro with this decision. Disney is stagnate right now and needs someone fresh to kick it back into gear. Josh has been doing all the little things lately to look like a good CEO (park visits, talking to guests, getting favorable news pieces published about himself, etc). I thought that certainly he'd get named as the next CEO this year. If this decision makes Josh leave, Disney is in real trouble. They better pray he has even more patience.

Pretty sure the video of Iger arriving at Sun Valley today had D’Amaro with him, I feel like that shows the confidence Iger has in him but it could be placating him I guess.

I just can’t imagine D’Amaro is dumb enough to want the reins of Disney 2 years from now. 2 years from now could be ugly with Epic Universe opening…

 

[Dcgc28]

Literally hundreds of post on here defending Disney's performance in the box office and on low streaming numbers. Did you miss all of that?

Yes I guess I did lol I haven’t seen many posts that say “Disney is doing great at the box office”

I also don’t live on this site so perhaps you spend more of your day here than me and I did miss it.

 

[Jwaire]

Extended through end of 2026 according to CNBC today

Not a surprise and it was all planned as soon as he got back.

Pretty telling Josh De'Amaro is with him at Sun Valley though. Obviously, he considers him important.

 

[PolymerSkywalker]

Go to any post were people are talking about bad viewership numbers or box office numbers. There will be at least a half a dozen Pixie Dusters to chime in and quickly explain away any perceived bad performance.

I mean today in the George Lucas thread I was told that many highly artistic endeavors lose money, so commercial success was not an accurate measurement for how good steaming content was. I mean it won an Emmy, so it doesn't matter that the streaming numbers were in the toilet.

 

[OKW Lover]

I really hope they didn't just "Tom Staggs" Josh D'Amaro with this decision.

Josh has a problem in the running for CEO. He's got great park experience but nothing in the rest of this very large company. Perhaps if they were to put him into the CFO position for a couple of years that would strengthen his resume.

 

[RivShore]

Josh has a problem in the running for CEO. He's got great park experience but nothing in the rest of this very large company. Perhaps if they were to put him into the CFO position for a couple of years that would strengthen his resume.

That is his problem - no movie, TV, streaming experience. CFO could be the answer.

 

[Jwaire]

Josh has a problem in the running for CEO. He's got great park experience but nothing in the rest of this very large company. Perhaps if they were to put him into the CFO position for a couple of years that would strengthen his resume.

The CFO is usually a banker or from the financial services industry. You deal with Wall Street all day. He was CFO of Consumer Products for a few years, but has been mostly been in parks or experience roles (Adventures by Disney, Animal Kingdom, Disneyland, Parks Chair, etc).

Iger brought D'Amaro and Dana Walden (co-chair of Entertainment) to Sun Valley.

https://www.bloomberg.com/news/arti...ney-s-iger?in_source=embedded-checkout-banner

 

[BrianL]

I. AM. SHOCKED.

 

[wabbott]

Extended through end of 2026 according to CNBC today

This is my shocked face.

 

[Elijah Abrams]

Extended through end of 2026 according to CNBC today

NOOO… Now things at every corner of Disney will get worse, and he will still latch on to 20th Century Fox and its catalog!

 

[ChipnDale79]

I'm not a huge fan of Iger, i do prefer him over the other POS Bob, but yeah, i can see why this is done, they need to work on finding his replacement though.

 

[wabbott]

https://www.cnbc.com/2023/07/13/disney-ceo-iger-opens-door-to-unloading-tv-assets.html
Disney CEO Iger opens door to unloading TV assets as linear business struggles
Published Thu, Jul 13 2023-8:16 AM EDT
Updated 10 Min Ago
Lillian Rizzo@Lilliannnn

Key Points

• Disney CEO Bob Iger sat down with CNBC’s David Faber at Allen & Co.’s annual conference in Sun Valley on Thursday.
• Disney announced on Wednesday that it was extending Iger’s contract by two years through 2026.
• Iger returned to the helm of Disney late last year. The company has since undergone thousands of layoffs and cut billions of dollars in spending, including from content.

 

[Brocktoon]

https://www.cnbc.com/2023/07/13/disney-ceo-iger-opens-door-to-unloading-tv-assets.html
Disney CEO Iger opens door to unloading TV assets as linear business struggles
Published Thu, Jul 13 2023-8:16 AM EDT
Updated 10 Min Ago
Lillian Rizzo@Lilliannnn

Key Points

• Disney CEO Bob Iger sat down with CNBC’s David Faber at Allen & Co.’s annual conference in Sun Valley on Thursday.
• Disney announced on Wednesday that it was extending Iger’s contract by two years through 2026.
• Iger returned to the helm of Disney late last year. The company has since undergone thousands of layoffs and cut billions of dollars in spending, including from content.

From the article ...

He [Iger] added the combined Hulu and Disney+ offering would be available by the end of the calendar year, and the upcoming negotiations with Comcast over valuation wouldn’t prevent that.

“The combination of those apps is designed to obviously help the [streaming] business become profitable,” Iger said.

I'm sort of anxious over what the plan is for the combined D+/Hulu, as I've got a sinking feeling D+ stand alone will be going away. I'm thinking they are going to throw a Hulu box on D+ to add the content and then jack the price WAY UP! You're basically forcing a bundle on people when they don't want it ... which is no different than what current linear cable is doing.

As many are already seeing with bundled services like MAX, and now probably D+, for streaming to be profitable it's going to morph right back into that same thing as cable (which already had on-demand) complete with tons of advertising and bundled app services that you don't want.

 

[Jwaire]

He also acknowledged:

• Studios have some creative challenges.
• They plan on turbo charging growth in Parks and Resorts.

Sounds like Disney's cable channels FX, A&E, Lifetime, etc. are possibly on the chopping block.

 

[Jwaire]

I'm sort of anxious over what the plan is for the combined D+/Hulu, as I've got a sinking feeling D+ stand alone will be going away. I'm thinking they are going to throw a Hulu box on D+ to add the content and then jack the price WAY UP! You're basically forcing a bundle on people when they don't want it ... which is no different than what current linear cable is doing.

As many are already seeing with bundled services like MAX, and now probably D+, for streaming to be profitable it's going to morph right back into that same thing as cable (which already had on-demand) complete with tons of advertising and bundled app services that you don't want.

Well, that's their goal right? To make the same or even more on streaming than on traditional cable. However, they already offer "Star" content in some regions on Disney+ and it's basically the same content as Hulu, minus Comcast's content.

Operating two separate streaming services seems like a waste to me. They had to do it because Hulu started out as a partnership between Disney, Fox and NBC Universal.

They were basically giving away Disney+. I swear the first three years I was paying something like $3.99 a month for it with the D23 discount.