As we emerge from the dark ages of the Bob Chapek era, where we watched the failed executive try to run Disney Parks, Experiences, and Products and eventually the entire company as CEO, there are certain moments that make it clear that Disney is likely on the right track to recovery. For me, the greatest … Read more
Bob Chapek, former CEO of The Walt Disney Company, complained to Florida Governor Ron DeSantis about having to get involved in the controversy surrounding the Parental Rights in Education bill, a.k.a. the “Don’t Say Gay” bill. DeSantis wrote about Chapek calling him in his new memoir “The Courage to be Free: Florida’s Blueprint for American … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Tuesday, January 17, 2023. Walt Disney World Magic … Read more
Former CEO Bob Chapek may be long gone from The Walt Disney Company, but the much-despised executive is still getting paid for his time in the Mouse House. Chapek, who was fired from Disney in November, received a package worth $24 million for 2022 and is set to receive severance payments valuing over $20 million, … Read more
Nearly a month after Bob Chapek was forced out as Chief Executive Officer of the Walt Disney Company, more details have emerged surrounding what was taking place behind the scenes of the C-Suite shakeup that led to the return of Bob Iger at the helm. In an article by the Wall Street Journal, more details … Read more
Ever since Disney announced that Bob Iger would be returning as the company’s CEO, the stock ($DIS) price has soared. This week, we saw the first drastic drop in the stock price. When Iger stepped back into the role of CEO, Disney stock spiked to $99.43. Disney hit a low of $91.61 on Wednesday, and … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Thursday, December 1, 2022. Walt Disney World Disney’s … Read more
A new article in the Wall Street Journal goes deep into detail on now-former Disney CEO Bob Chapek’s attempt to restructure The Walt Disney Company in order to remove power from the creative executives in favor of his right-hand man. Chapek and CFO Christine McCarthy contracted outside consulting firm McKinsey & Co. in September to … Read more
No one really knows what former Disney CEO Michael Eisner thinks about another former CEO Bob Chapek or the direction of The Walt Disney Company, but based on a recent Twitter post, we might have a better idea. The day after Chapek was fired and Bob Iger was back in the CEO’s seat, Eisner tweeted, … Read more
Following last week’s sudden removal of former Disney CEO Bob Chapek, and re-installation of Bob Iger as CEO, effects of this transition are starting to be seen. At Disney’s private island in the Bahamas, Castaway Cay, signage that previously referenced Chapek has been totally removed. As you can see, “Pump House 1” previously had a … Read more
As The Walt Disney Company continues to reel from the sudden exit of former CEO Bob Chapek in favor of returning CEO Bob Iger, some shakeups are still coming for executives at The Walt Disney Company. Today saw the exit of another executive — Chapek’s former Chief of Staff Arthur Bochner. According to Variety, he … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Tuesday, November 22. Walt Disney World Magic Kingdom … Read more
As the entertainment world continues to reel from the boardroom drama that saw Bob Chapek fired late last night (and the just as unexpected return of his predecessor Bob Iger), more details are emerging about the behind-the-scenes drama that led to the decision of the board of directors. The campaign to overthrow now-former Disney CEO … Read more
Disney is planning a targeted hiring freeze and job cuts, CNBC reports. CNBC obtained an internal memo sent from The Walt Disney Company CEO Bob Chapek to executives on Friday, November 11. “Hiring for the small subset of the most critical, business-driving positions will continue,” Chapek wrote, “but all other roles are on hold. Your … Read more
Yesterday, The Walt Disney Company reported on their Q4 earnings [$DIS], and although they “reported record sales and its best revenue growth in more than 25 years,” that wasn’t enough to keep Wall Street and investors happy. The stock has slid more than 11% on today’s opening bell. To date, Disney stock is down 35.5% … Read more
Today, Disney said they added 12.1 million subscribers for Disney+ during their Q4 Earnings Report, beating analysts’ expectations of 9.4 million for the quarter. “Our fourth quarter saw strong subscription growth with the addition of 14.6 million total subscriptions, including 12.1 million Disney+ subscribers,” said Bob Chapek, CEO, The Walt Disney Company. “The rapid growth … Read more