Disney - OUT with New Bob IN with Old Bob

[IceJad]

Disney boots CEO, brings back Bob Iger to lead company

NEW YORK: Disney ousted chief executive Bob Chapek on Nov 20 and announced that it had brought back former CEO Bob Iger to once again take the reins. ...

www.thesundaily.my

Well what a surprise. When you spend more time virtue signaling and getting into political fights, your business suffers. Instead of making entertainment for entertainment sake, Disney decided to inject a truckload woke ideology into their products. Then when it fails to make them a profit, they let loose their media & activist war hounds to gaslight their consumers. The product failed because of racism, misogyny, white men, homophobia, colonialism or whatever nonsense comes. However they sing a different tune when facing the shareholders. Then the business jargons come "The market is this and that", "Consumer apatite has shifted" or "New economic challenges" whatever makes the excuse sounds professional.

If only they have the backbone to be ideologically consistent in more "conservative and "authoritarian world market", I would at least begrudgingly salute them.

The new old Bob is not going to do better either. Because a lot of the rot was started by Iger not Chapek. Chapek only expeditated the inevitable. The trajectory was predestined when they made a drastic shift to embrace ESG and wokeness. Disney still have loads of money to burn. It's decline will be very slow. However decline it will stay. Death by a thousand slices.

I'm stealing a joke I saw on a YouTube comment section. Walt Disney is turning in his grave so hard that you can use him as a perpetual source of renewable energy.

 

[Occams Barber]

Disney boots CEO, brings back Bob Iger to lead company

NEW YORK: Disney ousted chief executive Bob Chapek on Nov 20 and announced that it had brought back former CEO Bob Iger to once again take the reins. ...

www.thesundaily.my

Well what a surprise. When you spend more time virtue signaling and getting into political fights, your business suffers. Instead of making entertainment for entertainment sake, Disney decided to inject a truckload woke ideology into their products. Then when it fails to make them a profit, they let loose their media & activist war hounds to gaslight their consumers. The product failed because of racism, misogyny, white men, homophobia, colonialism or whatever nonsense comes. However they sing a different tune when facing the shareholders. Then the business jargons come "The market is this and that", "Consumer apatite has shifted" or "New economic challenges" whatever makes the excuse sounds professional.

If only they have the backbone to be ideologically consistent in more "conservative and "authoritarian world market", I would at least begrudgingly salute them.

The new old Bob is not going to do better either. Because a lot of the rot was started by Iger not Chapek. Chapek only expeditated the inevitable. The trajectory was predestined when they made a drastic shift to embrace ESG and wokeness. Disney still have loads of money to burn. It's decline will be very slow. However decline it will stay. Death by a thousand slices.

I'm stealing a joke I saw on a YouTube comment section. Walt Disney is turning in his grave so hard that you can use him as a perpetual source of renewable energy.

You know the world is falling apart when a company like Disney puts ethics alongside capital gain as part of its operating principles. Even worse they considered the views of their employees - positively socialist. Before you know it, the fossil fuel monopolies will wake up to their sins and actually concede they are part of the climate change problem.

Where's Ayn Rand when you need her?

OB

 

[IceJad]

You know the world is falling apart when a company like Disney puts ethics alongside capital gain as part of its operating principles. Even worse they considered the views of their employees - positively socialist. Before you know it, the fossil fuel monopolies will wake up to their sins and actually concede they are part of the climate change problem.

Where's Ayn Rand when you need her?

OB

Ethics along side capital gain? Is this the same Disney we are discussing here? Well good to know if it is. Now If only that translate to actions in places like the Middle East and China. The last I heard Disney execs are frequently visiting chiropractor for prolonged backwards bending over.

I still remember the OG Walt's dream of providing a safe entertainment place for all the families. Now it has became the unpleasant carny he so hated. But no skin off my nose, I have long ago wane myself from Disney even way before the wokeness crept in.