During today’s annual shareholders’ meeting, CEO Bob Chapek once again mentioned bringing The Walt Disney Company into the world of sports betting through ESPN, in an effort to attract younger audiences and create new revenue. Chapek wants to “transform sports broadcasting into [a] multidimensional ecosystem” with betting and the metaverse. Chapek was also previously quoted … Read more
During today’s annual shareholder meeting, Disney CEO Bob Chapek addressed Florida’s “Don’t Say Gay” bill once again, this time finally denouncing it. Chapek acknowledged that many were disappointed by his failure to speak out earlier. “We were opposed to the bill from the outset but we chose not to take a public position on it,” … Read more
At the (virtual) annual shareholders meeting today, Chief Executive Officer Bob Chapek (and the 10 other officers) was re-elected to the Board of Directors. Despite a grassroots campaign to oust him from the Board, Chapek was preliminarily re-elected to the position today. Final voting results will be available within four business days but the early … Read more
LGBTQIA+ employees of The Walt Disney Company’s Disney Media and Entertainment Distribution segment have released a statement to leadership regarding the company’s response (or lack thereof) to the “Don’t Say Gay” bill moving through Florida legislature. Disney first faced criticism after it was discovered they have donated to every sponsor of the bill. The company released a … Read more
Many Cast Members and employees of The Walt Disney Company have taken to social media to express disappointment with the company after CEO Bob Chapek’s email this morning regarding the “Don’t Say Gay” bill in Florida. On March 5, Dana Terrace, creator of the Disney animated series “The Owl House,” encouraged fans to buy fan-made … Read more
Disney CEO Bob Chapek has sent out a company-wide email regarding the controversial “Don’t Say Gay” bill currently moving through the Florida government. Disney has donated to every sponsor of the bill and released a statement a few days ago that doesn’t denounce the bill or address the donations. Chapek states, “I and the entire … Read more
A Walt Disney Company insider tells The Hollywood Reporter that unlike his predecessor, Bob Iger, Chapek doesn’t wish for Disney to wade into political discussions. Last week, former CEO Bob Iger weighed in on a political debate in Florida regarding the “Don’t Say Gay” bill in a tweet. Twitter users pressured Iger to push this … 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 Friday, February 18, 2022. Walt Disney World Magic … Read more
Disney CEO Bob Chapek wants to change his legacy for the better. He has had a tough start to his tenure; we’ll give him that. He took over for Bob Iger at the start of a global pandemic that continues to affect operations nearly two years later. But the series of difficult decisions hiding behind … Read more
During The Walt Disney Company’s First Quarter 2022 Financial Results Conference Call, Disney CEO Bob Chapek was quoted saying that Disney is “pleased with the demand” for Star Wars: Galactic Starcruiser, the newest upcoming Walt Disney World Resort. So far, the road leading up to the opening of Star Wars: Galactic Starcruiser — its first … Read more
In an interview with CNBC today, Disney CEO Bob Chapek said up to 50% of Disney Parks guests are currently utilizing Genie+. Genie+ is the new “Fastpass” replacement for Disney Parks that launched last fall. It is estimated that Disney could rake in up to $300 million in profits just from Genie+ alone this year … Read more
Disney shareholders on Reddit are planning to vote against CEO Bob Chapek’s re-election at the March 9 annual shareholder meeting. Reddit user MightyIrish wrote in the thread “Unhappy with the Current State of Disney Parks?”, “If you are a Disney shareholder you likely received an email yesterday asking you to vote in the annual meeting. … Read more
In a new interview with CNBC, Michael Eisner, former CEO of The Walt Disney Company, talked about Disney’s switch from Bob Iger to Bob Chapek as CEO. “I am a big fan of Disney,” Eisner said. “I am a fan of both Bobs. Yes I hired him [Chapek]. Is he the same executive as I … Read more
CEO Bob Chapek has outlined his goals for the next century of The Walt Disney Company in a new memo to Cast Members. He pointed to three specific pillars: storytelling excellence, innovation, and relentless focus on the audience. Read Chapek’s memo below. Team, As we begin the New Year, I want to share our mission … Read more
We’re at the end of the 2022 Walt Disney World Marathon Weekend and this morning guests ran the full marathon through the Walt Disney World theme parks. Guests not participating could cheer on the runners, and one of these cheerers was spotted holding an anti-Chapek sign. ImagineEars Podcast tweeted out a picture of the sign, … 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 Sunday, December 12, 2021. Walt Disney World … Read more