Chaos at Disney (Battle of the Bobs)

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?
 

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Umbran

Mod Squad
Staff member
I'm hearing it's to cover up ...

Why can't Disney's writers tell stories as compelling as this behind the scenes drama?

Well, this "behind the scenes drama" is still... a story. No evidence given, right? So, a story.

It is compelling because we like to see dirty laundry. Disney isn't in the business of selling us stories of dirty laundry, though.
 

Well, this "behind the scenes drama" is still... a story. No evidence given, right? So, a story.

It is compelling because we like to see dirty laundry. Disney isn't in the business of selling us stories of dirty laundry, though.

Time will tell if this story is the right one or not, but something strange is clearly going on behind the scenes.
 




Whizbang Dustyboots

100% that gnome
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?
Because he's being blamed for sticking with Disney+ and pouring endless money into it even as consumers are getting tired of streaming. It's a huge money sink.
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.
ROFL

YouTube, man, gotta love them.
 





JEB

Legend
Apparently people are not just not signing up for new services, but they're cutting out the ones they've had for years. For a certain chunk of the population, streaming channels were for the social distancing era.
So there was a substantial segment of folks who didn't do streaming before the pandemic, only took it up during, and are now... what, reverting back to regular TV? Done with watching scripted/episode entertainment on screens entirely?

I would have bet on folks just cutting back to one or a few favorite services - a trend that would have likely favored Disney+/Hulu - but dropping streaming altogether is an interesting development.
 

Whizbang Dustyboots

100% that gnome
My family hasn't had cable in almost 10 years, but apparently there's a bunch of people who kept cable and then added streaming on top of that and now are cutting back on the streaming.

More importantly, most of these streaming services are money losers. Just like websites before the dotcom crash, there was an expectation that eventually they would all make money, after the corporations poured dump trucks of cash into them. But "someday" is now here with an imminent global recession and, in the case of Discovery/HBO, a leveraged buyout meaning the company has a ton of debt and has to cut costs ASAP.
 


aco175

Legend
The internet just let me down. I wanted to post a meme from the movie Clear and Present Danger when President Harrison Ford says, "The course of action I would suggest is a course of action I cannot suggest." but found nothing. My day just started, I should just go home now.
 

Scribe

Legend
So there was a substantial segment of folks who didn't do streaming before the pandemic, only took it up during, and are now... what, reverting back to regular TV? Done with watching scripted/episode entertainment on screens entirely?
I watch some of the stream shows with my wife, but otherwise it's just live sports I miss in a post cable life.

I don't even know what would be on cable.
 

payn

Legend
I watch some of the stream shows with my wife, but otherwise it's just live sports I miss in a post cable life.

I don't even know what would be on cable.
I still have cable because Im a sports fan (NFL/NHL) and cutting the cord would actually cost me more money. Though, cable still includes FX (Hulu stuff), USA/SYFY (Peacock stuff), AMC (whoever buys the stream license stuff) Paramount network (P+ stuff).

The downside is you have to watch as the series air (unless you have DVR). Eventually, the on demand expires and the stuff goes to the stream catalogs. Though you can catch quite a few of these series as they launch albeit with commercial interruption.
 

Snarf Zagyg

Notorious Liquefactionist
I posted a separate thread on this because I ended up writing a lot.
 

Umbran

Mod Squad
Staff member
The downside is you have to watch as the series air (unless you have DVR).

Generally, if you have a cable subscription to a channel, you get access to the streaming catalogs. I haven't yet cut my cable, but I can watch NBC's/Syfy streaming services on my Roku for no extra money, for example.
 

payn

Legend
Generally, if you have a cable subscription to a channel, you get access to the streaming catalogs. I haven't yet cut my cable, but I can watch NBC's/Syfy streaming services on my Roku for no extra money, for example.
Some of it, yeah, Though the AMC and Hulu stuff definitely has an expiration date with my cable sub.
 

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