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(Yahoo)   Disney chooses three more years of failure   (finance.yahoo.com) divider line
    More: Fail, The Walt Disney Company, Walt Disney, Bob Chapek, Walt Disney World Resort, Walt Disney Parks and Resorts, Bob Chapek's contract, Walt Disney Company, executive Peter Rice  
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3332 clicks; posted to Business » and Entertainment » on 29 Jun 2022 at 2:20 PM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2022-06-29 1:56:07 PM  
Bad idea, Disney. Bad idea. He makes me miss Bob Iger.
 
2022-06-29 2:22:44 PM  

kdawg7736: Bad idea, Disney. Bad idea. He makes me miss Bob Iger.


I don't really know what he's doing that so much different than Iger. He was getting scapegoated for things when Iger was still CEO
 
2022-06-29 2:24:35 PM  
Sometimes you gotta root for the underdog. Good on Disney
 
2022-06-29 2:26:39 PM  
His big misstep is completely misjudging what a shiatshow Florida politics has become.  I'm also not sure what he's supposed to do about it.  The legislature and DeSantis are really vindictive and petty.
 
2022-06-29 2:27:41 PM  

Rapmaster2000: His big misstep is completely misjudging what a shiatshow Florida politics has become.  I'm also not sure what he's supposed to do about it.  The legislature and DeSantis are really vindictive and petty.


He could try making entertainment and stay out of politics.
 
2022-06-29 2:28:30 PM  

TDWCom29: kdawg7736: Bad idea, Disney. Bad idea. He makes me miss Bob Iger.

I don't really know what he's doing that so much different than Iger. He was getting scapegoated for things when Iger was still CEO


After reading the article I guess I see it's been bumpy so far for a myriad of reasons. But at the same time he did weather the pandemic pretty well. So, I dunno...whatever. Disney'll survive him

You know, more than likely
 
2022-06-29 2:29:59 PM  

reprobate1125: Rapmaster2000: His big misstep is completely misjudging what a shiatshow Florida politics has become.  I'm also not sure what he's supposed to do about it.  The legislature and DeSantis are really vindictive and petty.

He could try making entertainment and stay out of politics.


If he stays out of it a large percentage of his employees in the state probably quit in a time when employee retention is incredibly difficult. So, your dumb "Shut up and dribble" analysis is noted
 
2022-06-29 2:30:50 PM  

Rapmaster2000: His big misstep is completely misjudging what a shiatshow Florida politics has become.  I'm also not sure what he's supposed to do about it.  The legislature and DeSantis are really vindictive and petty.


That's kind of what defines exemplary leadership.  Like you, I would have no idea what to do about Florida but then again, I'm not being paid exorbitant sums of money to handle tricky conundrums like that.  Chapeks is.  Buck stops at the top guy's desk.
 
2022-06-29 2:32:09 PM  

Persnickety: Rapmaster2000: His big misstep is completely misjudging what a shiatshow Florida politics has become.  I'm also not sure what he's supposed to do about it.  The legislature and DeSantis are really vindictive and petty.

That's kind of what defines exemplary leadership.  Like you, I would have no idea what to do about Florida but then again, I'm not being paid exorbitant sums of money to handle tricky conundrums like that.  Chapeks is.  Buck stops at the top guy's desk.


If he can figure out a solution to "How to make Republicans less shiatty and vindictive" he should be President and not CEO of Disney
 
2022-06-29 2:34:03 PM  

reprobate1125: Rapmaster2000: His big misstep is completely misjudging what a shiatshow Florida politics has become.  I'm also not sure what he's supposed to do about it.  The legislature and DeSantis are really vindictive and petty.

He could try making entertainment and stay out of politics.


When your brand is inclusion and a state passes a homophobic law that directly impacts your customers and employees there isn't any wiggle room.
 
2022-06-29 2:44:47 PM  

reprobate1125: Rapmaster2000: His big misstep is completely misjudging what a shiatshow Florida politics has become.  I'm also not sure what he's supposed to do about it.  The legislature and DeSantis are really vindictive and petty.

He could try making entertainment and stay out of politics.


Republicans: we are shiatty, but you are the real racists for pointing it out.
 
2022-06-29 2:46:10 PM  
Could be worse in 2 words:

"Trump 2024"
 
2022-06-29 2:47:55 PM  

reprobate1125: Rapmaster2000: His big misstep is completely misjudging what a shiatshow Florida politics has become.  I'm also not sure what he's supposed to do about it.  The legislature and DeSantis are really vindictive and petty.

He could try making entertainment and stay out of politics.


Several reasons he can't.

1.  His talent based in California doesn't want to move to a state and pay taxes where they're not at all welcome.
2.  Disney is a global company who must appeal to as large a market share as it can.  Republicans have abandoned this idea and are trying to exclude all but a minority.  Their business model requires them to oppose Republicans.
3. In 2022, consumers have allocated the enforcement of social mores to corporations. Think about that while you drink your Black Rifle Coffee from your Black Rifle Coffee mug in your Black Rifle Coffee Shirt.
 
2022-06-29 2:49:56 PM  
Who gives a f*ck?
 
2022-06-29 2:52:06 PM  

TDWCom29: Persnickety: Rapmaster2000: His big misstep is completely misjudging what a shiatshow Florida politics has become.  I'm also not sure what he's supposed to do about it.  The legislature and DeSantis are really vindictive and petty.

That's kind of what defines exemplary leadership.  Like you, I would have no idea what to do about Florida but then again, I'm not being paid exorbitant sums of money to handle tricky conundrums like that.  Chapeks is.  Buck stops at the top guy's desk.

If he can figure out a solution to "How to make Republicans less shiatty and vindictive" he should be President and not CEO of Disney


He got himself into a fight with a pig and sure enough, all he's accomplished is getting himself dirty.  The whole point of being a good leader is having the charisma to avoid ill-advised fights in the first place.  Of course maybe there really was no way to avoid it, but then again, that's the peril of command.  If you're going to sit in the big chair, you not only get the underserved credit, you also get the underserved blame.
 
2022-06-29 2:53:55 PM  
Ah yes, Disney, that flailing, floundering little underdog of a company.

Dafuq is up with all these Disney sympathy posts lately? Someone got a crush on mega global conglomocorps?
 
2022-06-29 2:54:26 PM  

Persnickety: TDWCom29: Persnickety: Rapmaster2000: His big misstep is completely misjudging what a shiatshow Florida politics has become.  I'm also not sure what he's supposed to do about it.  The legislature and DeSantis are really vindictive and petty.

That's kind of what defines exemplary leadership.  Like you, I would have no idea what to do about Florida but then again, I'm not being paid exorbitant sums of money to handle tricky conundrums like that.  Chapeks is.  Buck stops at the top guy's desk.

If he can figure out a solution to "How to make Republicans less shiatty and vindictive" he should be President and not CEO of Disney

He got himself into a fight with a pig and sure enough, all he's accomplished is getting himself dirty.  The whole point of being a good leader is having the charisma to avoid ill-advised fights in the first place.  Of course maybe there really was no way to avoid it, but then again, that's the peril of command.  If you're going to sit in the big chair, you not only get the underserved credit, you also get the underserved blame.


I mean, I guess? But saying Chapek should have avoided this fight is like saying "Why won't Joe Biden do something about these gas prices!?"
 
2022-06-29 2:58:33 PM  
I thought this was about making another East Asian Disney Princess.

China will never love you, Disney. Make an Indian Princess film. Mira Royal Detective doesn't quite count.
 
2022-06-29 3:00:30 PM  

Persnickety: Rapmaster2000: His big misstep is completely misjudging what a shiatshow Florida politics has become.  I'm also not sure what he's supposed to do about it.  The legislature and DeSantis are really vindictive and petty.

That's kind of what defines exemplary leadership.  Like you, I would have no idea what to do about Florida but then again, I'm not being paid exorbitant sums of money to handle tricky conundrums like that.  Chapeks is.  Buck stops at the top guy's desk.


Yes, it's his responsibility.  Nobody said it wasn't.  He's going to deal with the consequences.

I'm pointing out that the obvious that it's difficult to manage a situation when you're dealing with someone who has no interest in acting in either good faith or in building a long-term relationship.  DeSantis wants the RNC nomination and he's going to burn whoever he can to get it, including his own state and many of the people of his state are going to applaud that.

Fark user imageView Full Size

DeSantis is in the lower right.  The Republican base is in the lower left.  I don't know how you deal with that.  It's an incredibly dangerous situation because of how irrational it is.

1.  Everyone underestimates the number of stupid individuals among us.
2.  The probability that a certain person is stupid is independent of any other characteristic of that person.
3.  A stupid person is a person who causes losses to another person while deriving no gain and even possibly incurring losses.
4.  Non-stupid people always underestimate the damaging power of stupid individuals.
5.  A stupid person is the most dangerous type of person.

Florida Republicans caused losses to Disney and they caused losses to themselves.  Disney has held off moving talent.  The bonds owed by Reedy Creek will transfer to Orange and Osceola counties and ultimately to the state if they default on those bonds - which they probably will because they don't have a good mechanism to tax Disney and because they created inefficiencies in the bonds themselves.

Keep in mind, this might not even be legal.  Disney lawyers argue that Reedy Creek cannot be dissolved until the bonds are paid.  Now Florida has to spend money to defend a vindictive law that does nothing for them.

To add insult, they did this in a special session that was called to fix the Florida property insurance crisis.  They did nothing to fix a very real problem and instead created a problem where one did not exist.

Florida Republicans are stupid:  damaging to others and damaging to themselves.
 
2022-06-29 3:02:58 PM  
Failure? That's some mighty profitable failure.
 
2022-06-29 3:09:05 PM  

kdawg7736: Bad idea, Disney. Bad idea. He makes me miss Bob Iger.


He makes me miss Michael Eisner who at least farking saved Disney and made it great and respected the Imagineers. Bob is just skipping the first part and skipping straight to Eisner's fark up final years. We just need a kid to die on a poorly maintained ride again (Big Thunder Railroad Magic Kingdom last time) to put us in the final stretch.
 
2022-06-29 3:10:34 PM  
This gets better:  https://news.bloombergtax.com/tax-insights-and-commentary/the-contractual-impossibility-of-unwinding-disneys-reedy-creek

Bondholders can sue Florida for dissolving Reedy Creek.  Florida is going to have Wall Street suing it for a decade while Big Ron is either in the White House or on the Fox News circuit.

The legislature was clearly told this, and they did it anyway.  Harmful to others and harmful to themselves.
 
2022-06-29 3:10:42 PM  

LL316: Failure? That's some mighty profitable failure.


You sound like Eisner right before he was ass kicked to the curb.
 
2022-06-29 3:10:54 PM  

Rapmaster2000: Persnickety: Rapmaster2000: His big misstep is completely misjudging what a shiatshow Florida politics has become.  I'm also not sure what he's supposed to do about it.  The legislature and DeSantis are really vindictive and petty.

That's kind of what defines exemplary leadership.  Like you, I would have no idea what to do about Florida but then again, I'm not being paid exorbitant sums of money to handle tricky conundrums like that.  Chapeks is.  Buck stops at the top guy's desk.

Yes, it's his responsibility.  Nobody said it wasn't.  He's going to deal with the consequences.

I'm pointing out that the obvious that it's difficult to manage a situation when you're dealing with someone who has no interest in acting in either good faith or in building a long-term relationship.  DeSantis wants the RNC nomination and he's going to burn whoever he can to get it, including his own state and many of the people of his state are going to applaud that.

[Fark user image 850x733]
DeSantis is in the lower right.  The Republican base is in the lower left.  I don't know how you deal with that.  It's an incredibly dangerous situation because of how irrational it is.

1.  Everyone underestimates the number of stupid individuals among us.
2.  The probability that a certain person is stupid is independent of any other characteristic of that person.
3.  A stupid person is a person who causes losses to another person while deriving no gain and even possibly incurring losses.
4.  Non-stupid people always underestimate the damaging power of stupid individuals.
5.  A stupid person is the most dangerous type of person.

Florida Republicans caused losses to Disney and they caused losses to themselves.  Disney has held off moving talent.  The bonds owed by Reedy Creek will transfer to Orange and Osceola counties and ultimately to the state if they default on those bonds - which they probably will because they don't have a good mechanism to tax Disney and because they created inefficiencies ...


Just to add, this also shows that as of now Republicans literally care about nothing but ideology. If you would have said a decade ago the Republicans would go after a huge corporation for literally any reason you'd be thrown in an insane asylum. Now if anyone doesn't bow to their shiattiness they're getting farked with
 
2022-06-29 3:12:05 PM  

TDWCom29: Just to add, this also shows that as of now Republicans literally care about nothing but ideology. If you would have said a decade ago the Republicans would go after a huge corporation for literally any reason you'd be thrown in an insane asylum. Now if anyone doesn't bow to their shiattiness they're getting farked with


Attacking a corporation for exercising free speech while yammering about free speech.
 
2022-06-29 3:15:34 PM  
Politics aside, Disney's obsession with making its appeal as broad as possible has led to nothing but an endless supply of unflavored oatmeal coming out of that company for years.

To me anyway, the name Disney means "this is going to be bland as fark"
 
2022-06-29 3:16:52 PM  
This is amazing! I love watching this ridiculous shiat show!
 
2022-06-29 3:25:30 PM  
Who?
GIS
Oh, penis head guy.
 
2022-06-29 3:29:38 PM  
Wonder how the theme parks will hold up. Hasn't he made a lot of poor decisions with them lately?
 
2022-06-29 3:33:34 PM  

reprobate1125: Rapmaster2000: His big misstep is completely misjudging what a shiatshow Florida politics has become.  I'm also not sure what he's supposed to do about it.  The legislature and DeSantis are really vindictive and petty.

He could try making entertainment and stay out of politics.


spoken like someone who is white and safe from such things as civil rights...
 
2022-06-29 3:40:46 PM  

TheManofPA: Wonder how the theme parks will hold up. Hasn't he made a lot of poor decisions with them lately?


They keep raising prices and people keep coming.  I don't think anyone can damage those things.

People said "Oh, that Galactic Starcruiser is a flop because it's weird and looks terrible" and I guess that's a fine thing to say (I won't argue that it's nothing I would ever want to do), but it costs $4,800 minimum and they're booked all through the summer.

Keep in mind, it's only 100 hotel rooms.  Disney has 36,000 hotel rooms total.
 
2022-06-29 3:41:30 PM  

TheManofPA: Wonder how the theme parks will hold up. Hasn't he made a lot of poor decisions with them lately?


He's coasting on pent up demand and the 50th celebration right now. To see how bad things are you historically had to wait for a recession. That's when the lipstick on the pig wears off Josh slapped on to please Bob Cheapeak.
 
2022-06-29 3:44:06 PM  

Magnanimous_J: Politics aside, Disney's obsession with making its appeal as broad as possible has led to nothing but an endless supply of unflavored oatmeal coming out of that company for years.

To me anyway, the name Disney means "this is going to be bland as fark"


And like oatmeal, it's what you put into it that makes it good. I love Owl House (Edna is my spirit animal)

Amphibia is a cute story about a family of frogs and the lost human girl with a Thailand immigrant mother she misses greatly.
 
2022-06-29 3:46:16 PM  

alice_600: Magnanimous_J: Politics aside, Disney's obsession with making its appeal as broad as possible has led to nothing but an endless supply of unflavored oatmeal coming out of that company for years.

To me anyway, the name Disney means "this is going to be bland as fark"

And like oatmeal, it's what you put into it that makes it good. I love Owl House (Edna is my spirit animal)

Amphibia is a cute story about a family of frogs and the lost human girl with a Thailand immigrant mother she misses greatly.


And it has Keith David. That's enough of a reason to watch it.
 
2022-06-29 3:47:14 PM  

reprobate1125: Rapmaster2000: His big misstep is completely misjudging what a shiatshow Florida politics has become.  I'm also not sure what he's supposed to do about it.  The legislature and DeSantis are really vindictive and petty.

He could try making entertainment and stay out of politics.


You can't get indefinite copyright without paying some politicians
 
2022-06-29 3:49:38 PM  

TheManofPA: Wonder how the theme parks will hold up. Hasn't he made a lot of poor decisions with them lately?


Hold up in what sense?
 
2022-06-29 3:51:55 PM  

reprobate1125: Rapmaster2000: His big misstep is completely misjudging what a shiatshow Florida politics has become.  I'm also not sure what he's supposed to do about it.  The legislature and DeSantis are really vindictive and petty.

He could try making entertainment and stay out of politics.


Hey everyone, I found the DC Comics fan!!!
 
2022-06-29 3:52:14 PM  

Persnickety: Buck stops at the top guy's desk.


Not in a corporation
 
2022-06-29 3:54:07 PM  

TDWCom29: TheManofPA: Wonder how the theme parks will hold up. Hasn't he made a lot of poor decisions with them lately?

Hold up in what sense?


Also, I'm not sure which poor decisions you mean? If I'm remembering correctly most of the major theme-park changes announced were when Iger was still CEO
 
2022-06-29 3:59:23 PM  

cocozilla: reprobate1125: Rapmaster2000: His big misstep is completely misjudging what a shiatshow Florida politics has become.  I'm also not sure what he's supposed to do about it.  The legislature and DeSantis are really vindictive and petty.

He could try making entertainment and stay out of politics.

spoken like someone who is white and safe from such things as civil rights...


Or someone who isn't and is even stupider than the typical Republican (e.g. Log Cabin Republicans).
 
2022-06-29 4:02:14 PM  

TDWCom29: TDWCom29: TheManofPA: Wonder how the theme parks will hold up. Hasn't he made a lot of poor decisions with them lately?

Hold up in what sense?

Also, I'm not sure which poor decisions you mean? If I'm remembering correctly most of the major theme-park changes announced were when Iger was still CEO


According to wiki, he came from Parks.  He was the Chairman of that since 2015.  So anything in the last 7 years was him.
 
2022-06-29 4:04:25 PM  

DecemberNitro: Ah yes, Disney, that flailing, floundering little underdog of a company.

Dafuq is up with all these Disney sympathy posts lately? Someone got a crush on mega global conglomocorps?


Fark user imageView Full Size
 
2022-06-29 4:13:05 PM  

Rapmaster2000: TDWCom29: TDWCom29: TheManofPA: Wonder how the theme parks will hold up. Hasn't he made a lot of poor decisions with them lately?

Hold up in what sense?

Also, I'm not sure which poor decisions you mean? If I'm remembering correctly most of the major theme-park changes announced were when Iger was still CEO

According to wiki, he came from Parks.  He was the Chairman of that since 2015.  So anything in the last 7 years was him.


Well yeah, I guess. But isn't, as we learned in this thread, the ultimate decision up to the CEO? If Iger didn't like whatever these poor decisions were he could have axed them, I'm assuming
 
2022-06-29 4:14:32 PM  

DecemberNitro: Ah yes, Disney, that flailing, floundering little underdog of a company.

Dafuq is up with all these Disney sympathy posts lately? Someone got a crush on mega global conglomocorps?


You could say the same for, Starbucks, Ford, Pepsi, Microsoft, Apple, etc, ad nauseum. People like the product
 
2022-06-29 4:14:36 PM  

chitownmike: DecemberNitro: Ah yes, Disney, that flailing, floundering little underdog of a company.

Dafuq is up with all these Disney sympathy posts lately? Someone got a crush on mega global conglomocorps?

[Fark user image 425x239]


Hey man if these little handwringing articles about how Disney might not make a trillion dollars this year are your thing, have at it.
 
2022-06-29 4:16:17 PM  

DecemberNitro: chitownmike: DecemberNitro: Ah yes, Disney, that flailing, floundering little underdog of a company.

Dafuq is up with all these Disney sympathy posts lately? Someone got a crush on mega global conglomocorps?

[Fark user image 425x239]

Hey man if these little handwringing articles about how Disney might not make a trillion dollars this year are your thing, have at it.


Well, I own shares so... I'd like them to make a trillion dollars this year, but they only make revenue of about 80 billion a year.
 
2022-06-29 4:18:41 PM  

Fano: I thought this was about making another East Asian Disney Princess.

China will never love you, Disney. Make an Indian Princess film. Mira Royal Detective doesn't quite count.


https://disneyprincess.fandom.com/wiki/List_of_Disney_Princess_Films

Not sure which type of Indian you are talking about but they have already done that
 
2022-06-29 4:22:45 PM  

reprobate1125: Rapmaster2000: His big misstep is completely misjudging what a shiatshow Florida politics has become.  I'm also not sure what he's supposed to do about it.  The legislature and DeSantis are really vindictive and petty.

He could try making entertainment and stay out of politics.


"Marginalizing people is wrong."

'wHY do yOU maKe it POLitiCSAl yOu shOUld sTaY ouT of pOLitiCS derp derp derp derp'
 
2022-06-29 4:30:27 PM  

chitownmike: Fano: I thought this was about making another East Asian Disney Princess.

China will never love you, Disney. Make an Indian Princess film. Mira Royal Detective doesn't quite count.

https://disneyprincess.fandom.com/wiki/List_of_Disney_Princess_Films

Not sure which type of Indian you are talking about but they have already done that


There is no Indian/Pakistani Princess.

At least Ms Marvel is some representation.
 
2022-06-29 4:49:25 PM  

Rapmaster2000: In 2022, consumers have allocated the enforcement of social mores to corporations. Think about that while you drink your Black Rifle Coffee from your Black Rifle Coffee mug in your Black Rifle Coffee Shirt.


I've never heard of Black Rifle Coffee but it must be good if it has its own mugs and shirts! Where can I find Black Rifle Coffee, and does it taste better if you drink it out of a Black Rifle Coffee mug while wearing your Black Rifle Coffee shirt? You made it sound like that's part of the total experience.
 
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