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Bob Iger Thought He Was Leaving on Top. Now, He’s Fighting for Disney’s Life

21 pointsby spkingabout 5 years ago

2 comments

bleah1000about 5 years ago
Weird article. It kind of feels like a puff piece to rehabilitate Bob Iger&#x27;s image. He&#x27;s now being touted as the savior of Disney, not the person who nearly killed Disney then walked away (or maybe was forced to walk away).<p>In reality, Iger overextended Disney and really shot it in the foot. He made it into this extremely brittle company that was probably banking on the Disney parks and Marvel movies to pull it through. They spent way too much money to buy Fox, which is what is probably putting them in a very weak financial position now.<p>Regardless of what you think of the Star Wars sequels, they are not the big draw they once were and the brand is not doing well. If they are lucky the Mandalorian can help to build the brand up if they don&#x27;t force the focus to be on baby yoda. The parks even focused on the new trilogy rather than the original trilogy which is what most people like the best. Even the parks have shown signs of problems before the virus, they kept cranking the prices up, and it felt like they had cranked them too high and might be suffering attendance problems. There were lots of deals going on right before the virus lock downs, which is not the norm.<p>It kind of feels like what&#x27;s really happening is that Disney realized that even though Iger put them in this position, Chapek doesn&#x27;t have the skill to lead them out when the lock down ends. So the board would rather go with the devil they know, then go with an unknown in Chapek.
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djohnstonabout 5 years ago
On mobile, can I get an outline link?
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