https://www.cnn.com/2022/11/20/media/disney-bob-iger-ceo/index.html
It’s pretty clear - Disney was more focused on being woke than providing good family entertainment. Good riddance to Chapek. We need a strong steaming sector and Chapek was bringing Disney down. Netflix and all the other streaming services need stronger competition to make us all better
Well stated, Netflix. The stock drops even with price increases. Hulu has gone from $44.99 to $74.99 in 2 years.
Numb nuts, my point was the woke agenda was clearly bad for business.
Spoken like a true unoriginal drone. The bill wasn’t targeted against LGBTQ. It was meant to protect elementary school kids from getting indoctrinated. There’s no reason kids should be learning about sex in the 1st grade Disney could have stayed out of it but decided to make a big pile of shit out if it. Now look what happened to them
I cannot believe Chapek didn’t see this through. There should be awareness for LGBTQ rights , but teaching gender identity and sexual orientation for elementary kids is ridiculous. I can see how you can cover it in middle/ high school. The woke agenda is now pushing it
Lol conservatives not realizing Chapek was the one who didnt make a comment on dont say gay bill and Iger is the one who did opposing it is hilarious. derp
A welcome change
Chapek still walks away with $23M Not a bad deal!
At that level, the tarnished legacy and ego are a bigger concern
Chapek can Netflix and chill now
All of us light up a room, some when they enter, others when they leave… Bob Paycheck’s failed leadership is why I left Disney in 2020, may he step on legos for all eternity…
Not got to do with being woke or not! Chapek’s contract was resoundingly renewed in Feb 2022 after good business results. Ultimately, his leadership team wasn’t happy to him and they, along with Disney CFO, escalated concerns to the board. That and the last quarter results and a few other missteps did him in. For the record, BoB Iger has equally condemned the ‘don’t say gay’ bill. Iger criticized the bill saying it endangered the rights of young people in the U.S.
https://www.newsweek.com/bob-iger-return-puts-disney-collision-course-ron-desantis-1761030
Right, Chapek is actually a Republican. His initial reaction was to stay out of the drama around the bill. A few woke employees ran to the media and he felt compelled to issue a comment. The criticisms of Chapek came from the Left that he wasn’t sticking up for LGBT employees. Iger is a Democrat and even flirted with running for Potus in 2020.
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He probably engineered Chapek’s departure. Chapek was butting heads with De Santis who is the governor of the state where a lot of your profits come from. Not a politically shrewd move. This probably pissed off Iger who was already questioning his decision of nominating Chapek
Ah DeSantis hurting the right people. ✌️
Chapek was also making some questionable moves like firing that popular exec to consolidate his power base and trying to swindle Hollywood actors like black widow from their paychecks