Henadic Theologian
Legend
Has anyone been following this drama.
Chapek gets fired, without cause, so he keeps his golden parachute.
Igor comes back and is hailed as the returning champion who will save Disney from bad box office numbers, fix the price gouging at the parks, and save people from layoffs.
Igor does a town hall, reveals "hiring freeze" is still happening, keeps Chapek's guy in charge of layoffs, and basically makes it clear he's keeping Chapek's agenda, and now the trades are flipping out and attacking the man they thought would be Disney's returning champion.
But given that Chapek's plans for layoffs and hiring freezes are continuing, and there appears to be no change in direction, why was Chapek fired?
I'm hearing it's to cover up for the fact that Disney was deeply invested in FTX, like majorly, Chapek was starting to ask to many questions, and they couldn't risk the truth getting out, and the CFO behind that FTX investment, goes to the board and starts talking, and the board panics Chapek, without cause, because they don't want to explain it, costing the Disney tens of millions of dollar in free money for Chapek.
This also explains the talk of selling to Apple, they need someone with deep pockets to cover for what they did, to tune if billions of loses.
What happened to Chapek is almost unheard, it wasn't that long ago he got his contract extended and to not even be given a chance to say good bye, even Peter Rice got to say good bye.
And don't by the contradictory stories, like he was doing a shell game with budgets, because that is normal corporate practices.
Why can't Disney's writers tell stories as compelling as this behind the scenes drama?
Chapek gets fired, without cause, so he keeps his golden parachute.
Igor comes back and is hailed as the returning champion who will save Disney from bad box office numbers, fix the price gouging at the parks, and save people from layoffs.
Igor does a town hall, reveals "hiring freeze" is still happening, keeps Chapek's guy in charge of layoffs, and basically makes it clear he's keeping Chapek's agenda, and now the trades are flipping out and attacking the man they thought would be Disney's returning champion.
But given that Chapek's plans for layoffs and hiring freezes are continuing, and there appears to be no change in direction, why was Chapek fired?
I'm hearing it's to cover up for the fact that Disney was deeply invested in FTX, like majorly, Chapek was starting to ask to many questions, and they couldn't risk the truth getting out, and the CFO behind that FTX investment, goes to the board and starts talking, and the board panics Chapek, without cause, because they don't want to explain it, costing the Disney tens of millions of dollar in free money for Chapek.
This also explains the talk of selling to Apple, they need someone with deep pockets to cover for what they did, to tune if billions of loses.
What happened to Chapek is almost unheard, it wasn't that long ago he got his contract extended and to not even be given a chance to say good bye, even Peter Rice got to say good bye.
And don't by the contradictory stories, like he was doing a shell game with budgets, because that is normal corporate practices.
Why can't Disney's writers tell stories as compelling as this behind the scenes drama?
