DVDizzy Forum

You're welcome!

(I hope we don't get in trouble for posting so much of the paywall stuff).

company’s stock by nearly 19%, to $104.35 per share at close of day on Monday. While much of that drop might be attributed to the market-wide sell-off due to the coronavirus scare, the company has seen a steeper decline than the S&P, which has fallen 12% since Feb. 25.

(No Parks head replacement)

That lack of leadership seems to many to be even more curious as the theme parks face the daunting challenge of dealing with a fast-moving coronavirus outbreak and park closures in Hong Kong, Shanghai and Japan.

So what do we know about Bob Chapek? He's not one of the FOX take-ins, right? Do we have any idea if he might have some kind of politically conservative bent?

Nope, he's been with Disney for 30+ years. I believe he worked for home video + consumer products before he worked for Parks.

*edit* Not consumer products, Walt Disney Studios, then home video.

https://thewaltdisneycompany.com/leaders/bob-chapek/

I have a friend who works at the Parks and all she's been saying is how the second Bob Chapek was put in charge, the quality control of the American parks has sunk.

Highly doubt he's been in power long enough for anything like that to have occurred yet. Come back in a year then see how things are.

Kyle wrote:Highly doubt he's been in power long enough for anything like that to have occurred yet. Come back in a year then see how things are.

No, he was in charge of the Parks and Resorts division from 2015 until becoming CEO. A lot of the parks fans on the other side of the Disney community hate him but I haven’t been around long enough to draw my own conclusions.

Kyle wrote:Highly doubt he's been in power long enough for anything like that to have occurred yet. Come back in a year then see how things are.

Well, if Pete Docter and Jennifer Lee are anything to go by, it’ll only take a few months for him to become hated by the Disney fandom. He wasn’t even liked at one point like they were.

UmbrellaFish wrote:

Kyle wrote:Highly doubt he's been in power long enough for anything like that to have occurred yet. Come back in a year then see how things are.

No, he was in charge of the Parks and Resorts division from 2015 until becoming CEO. A lot of the parks fans on the other side of the Disney community hate him but I haven’t been around long enough to draw my own conclusions.

I only heard about him from here but since then, I've seen lots of Disney articles where all the people were commenting and complaining about the fate of the parks. These were all big Disney Parks buffs.

UmbrellaFish wrote:

Kyle wrote:Highly doubt he's been in power long enough for anything like that to have occurred yet. Come back in a year then see how things are.

No, he was in charge of the Parks and Resorts division from 2015 until becoming CEO. A lot of the parks fans on the other side of the Disney community hate him but I haven’t been around long enough to draw my own conclusions.

I only heard about him from here but since then, I've seen lots of Disney articles where all the people were commenting and complaining about the fate of the parks. These were all big Disney Parks buffs.

BREAKING: Walt Disney Company Senior Executives Take Salary Cuts Due to Unprecedented Disney Parks COVID-19 Closures
https://wdwnt.com/2020/03/breaking-walt ... -closures/

That's good. Hopefully it won't affect the actual creative people who work at the bottom of the pyramid.

Jules wrote:That's good. Hopefully it won't affect the actual creative people who work at the bottom of the pyramid.

It usually does unfortunately.

There's too much interesting stuff to even quote, but this is worth a read:

Disney Executives Pushing Back Over Terms of Pay Cuts
https://www.hollywoodreporter.com/news/ ... ts-1288522

Bob Iger Thought He Was Leaving on Top. Now, He's Fighting for Disney's Life
https://www.nytimes.com/2020/04/12/busi ... ticleShare

Looks like Bob Iger is back in charge.

JeanGreyForever wrote:Bob Iger Thought He Was Leaving on Top. Now, He's Fighting for Disney's Life
https://www.nytimes.com/2020/04/12/busi ... ticleShare

Looks like Bob Iger is back in charge.

From the article's title (which I had skim-read through), it also looks like if this coronavirus does not abate soon, then Disney itself may not be around much longer.

Well, if according to the article, Disney is losing 30 million dollars/day while they loaned 6 billion, each billion should last them about a month, and that's not considering the money Disney already had in their pockets. But Disney will never go away. There's loads of stuff they can (and will) do before going away.

rodrigo_ca wrote:Well, if according to the article, Disney is losing 30 million dollars/day while they loaned 6 billion, each billion should last them about a month, and that's not considering the money Disney already had in their pockets. But Disney will never go away. There's loads of stuff they can (and will) do before going away.

I was about to say... They've set records several years in a row with their film intakes. If (one of?) the richest companies were to be wiped out, then just about every other company would be gone before them.

I don't think Disney will disappear. At most someone will buy it.

farerb wrote:I don't think Disney will disappear. At most someone will buy it.

But Disney as we knew it forever will be gone.

Big Disney Fan wrote:

farerb wrote:I don't think Disney will disappear. At most someone will buy it.

But Disney as we knew it forever will be gone.

Disney always changed throughout history:
1. 1928 - 1967
2. 1968 - 1983
3. 1984 - 2005
4. 2006 - 2019
So this change doesn't mean much to me. It was bound to happen at some point.