Disney’s New Leadership Is Steering It To Disaster
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- čas přidán 13. 05. 2021
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Viewer Question: Sylvester Harris - Hey John. I wanted to bring a really disturbing article to your attention from Variety about Disney’s new leadership and direction. The article basically lays out a company in massive confusion, the additional of unnecessary new layers of management, the taking away of power from the actual creators and giving it to the business suits and tension between Bob Iger and the new CEO Bob Chapek. If you’ve read the article what are your thoughts and could this all be a problem for Disney?
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All I got to say is if in the next 4 to 5 years or so if Bob Chapek does something that makes Kevin Fiege want to leave Marvel I'll be done with this man.
I would make sure this man's name would disappear of the history books
I have to wonder, theoretically of course- what happens if Kevin Feige goes to the board of Disney and asks them to choose- him or Bob Chapek. Unless Star Wars or Avatar become as big as Marvel, Feige is Disney's biggest money-maker.
I think in that case they would only choose to keep Chapek so the division heads don't feel like they run the company. But if Feige is almost on the level of Chapek, he's surely not going to take stupid notes from a manager that never had any experience in making content.
@@kamb26 I'm sure we would all Hulk out if that is the case.
They would boot him out before Kevin
@@magic75450 Idk if it can be that simple. I imagine Feige is hooked to Disney through contracts.
I work in finance in a totally different industry. What I learned early on is that the ONLY way to have true accountability for results (good and bad) is to have the producers/generators of the actual service/product accountable for their own P&L. When they are not responsible for their own successes and failures, the organizations suffers because you lose the incentives that drive people to excel.
Perfectly put!
Bob Iger approved Bob Chapek's hire/promotion. I'm would imagine Chapek's plans were discussed in interviews. Iger could be just as responsible for any Disney "downfall".
Seems like succession planning can fail in even the best CEOs.. perhaps hiring successors is also like capturing lightning in a bottle
Maybe. But I remember when he was stepping down and passing reigns to Chapek, saw huge amount of tension on both mens' parts. I did not get the vibe that Iger was super fund of Chapek and latter has completely different management style. Dunno.
Oooor Iger didn’t really have a choice could’ve been voted that he needed to step down or even was forced into this decision. No one really knows but it is apparent in interviews, photos, you can see and feel the tension. Iger does not like Chapek and that makes me think this was not of his own accord… who knows but Chapek is gonna run Disney to the ground.
@@k.a.tproductions2713 we heard he did want to retire for some time too.
Well look behind the story between bob chapek and bob iger story video check it out
Guy's nickname is Cheap Chapek. We should've seen this coming. I am really worried but gonna try to stay calm.
Are you really worried though?
@@TheOlympia75 actually yes, i'm a big star wars and marvel fan myself and very recently they got star wars back in a good path with the mandalorian and i don't wanna lose that. I'm a little bit more optimistic about MCU tho thanks to Feige.
@@stacysgrapesoda800 Not the best Star Wars has been. The Mandalorian is very dull and apparently the best thing to come to the show has been, what, a murdering Luke Skywalker with a plastic face?
Everyone in the corporate office did. No one listened.
This reminds me of the Ford vs Ferrari movie, where they just want to CREATE a winning car, and the executives just worry that the driver looks good so they can SELL whatever is under that hood.
Lmao exactly who knows Ken Miles would be the reason Ford will enter F1 as a works manufacturer.
Great analogy mate
Great analogy indeed: it's like Ferrari has a soul, a passion for greatness, and that intangible that makes something truly special, whereas Ford had a passion for winning and making more money.
It’s funny how people are just now noticing what he’s doing now when he’s been doing it in Disney Parks and Resorts for several years now
I noticed all this mismanagement LOOOONG before Cheapskate Chapek took over. I haven't been to WDW in over 11 years and will never go again. It isn't worth the insane expense.
This is what happemed to the Electronic Arts it was sad and brutal way to kill some of the most loved franchases in gaming
The gaming industry is sad in general. Here, if Disney falls (I'm sure it'll still exist, but not the king of the box-office as it is now), I'm sure another studio/s will take its place. Sony Animations is slowly but surely becoming as strong as Pixar and Disney Animations. Who knows, mabye DC will finally get their act together.
@@magic75450 Oh yeah, after seeing Spider-Verse, Mitchells vs The Machines and the small teaser for Vivo, Sony Pictures Animation is about to become a strong competitor against them. And I think Sony Pictures could potentially step up their game, last month Variety revealed that they improved their film profit up to 700 million, and have been largely unaffected by the pandemic. Plus, the making of these two output deals of streaming with Netflix and Disney+ is going to give them billions in revenue
Also what happened to Activision Blizzard when Bobby Kotick took over.
Exactly corporate official never understand how products are made
@@gokusondbz yup Blizzard is a husk now with all of the creatives fed up and bailing.
You said it won’t happen over night! Unfortunately it is happing NOW! I went to WDW in August 2021 and never have been so disappoint in the 46 years I have been going to WDW! At first I thought it was due to COVID but I think it is more than that. From rude cast members (which I never experienced before) to horrible house keeping, inflated prices it was a very disappointing trip that I looked forward to and saved TWO years to go. I left there dishearten and feeling lDisney was loosing the magic 😢 and I just blew a lot of money on an over priced Amusement park! NEVER have I left Disney feeling this way I always left making plans for my next trip. I have been going to WDW FOR 46 yrs and watch Walt Disney for 60 years they current administration is not only taking the magic from me they are DESTROYING Walt Disney dreams !
Sigh
Fortunately the dude that was about to run the Kingdom into the ground is gone. Byyyyyyeeeeee! The witch is dead, long live the King!
Been going to the parks since 1996 every 3 or 4 years and as you-ve heard from your audience before, the changes from entertainment to corporation has become so noticeable and annoying... I think it is because the contrast between something feeling magical while you are paying money is huge when compared to something being a paying excursion while you are paying. We were heart broken when we heard Chapek was becoming CEO, we fear this is the end of the Disney park's experience we loved
Looks like Netflix is going to have some more talent come their way.
How?
@@Robin-be1zm did you not watch the video? My comment was more facetious than anything but the idea was if Disney angers creators by inhibiting their ability to create Netflix gives director's complete control over projects.
Honestly I genuinely see Netflix becoming a threat to Disney's core demographical empire
Them or Amazon
Oh Netflix has been a threat from the moment they had Stranger things, now they have stuff to compete in tue Oscars. Amazon is starting to there also with recently competing in the oscars BUT also MAYBE the emmy's soon with there TV shows that are now getting good word and viewership
If things go south, the power resting with the Board of Directors can get rid of Bob Chapek if necessary.
The way this article is laying things out, we can only hope that power gets exercised as soon as possible.
I guarantee the reason this has not happened yet is A) because he got started right as the pandemic did as well so that is buying him some time and B) their stock price is artificially high because the stock market is artificially high. If say the stock price would drop, I bet there would be be a definitive more to get rid of him.
Yesterday, John did a video about Jungle Cruise getting a day and date release on Disney+. In the CNBC article he cited, I went and read it, and apparently, according to insiders in Disney with knowledge of the situation, Disney's investors are frustrated too. Apparently, it goes back to the Mulan Disney+ Premiere Access decision late last year, when they were "promised" to know the numbers of how well it did on Disney+ (the actual numbers not made available to the public) at the Investors Call last November, and then they got nothing. Something similar also allegedly happened recently with Raya and the Last Dragon. (I'm actually surprised that John didn't cover that in the segment about Jungle Cruise yesterday or this topic today.)
If Chapek is actually LYING to investors, I'm sure the investors could give Disney's Board an ultimatum: oust Chapek and his allies, or lose them as investors and have their reputation permanently tarnished for potential future investors.
Yeah it's happened before when Roy E Disney got out Walker in 83.
@@westheking12 As he also did with Eisner!
The sad thing is people that have followed the theme parks for any length of time have been lamenting this for years because that's where Chapek started. The day he was announced as new CEO, there was tremendous frustration because of all the changes he implemented into the parks and caring only about the bottom line. Even without COVID, the situation at Disney would be bad and Chapek truly is the worst possible fit for the company. Dark days really are ahead and the Disney we know is basically gone. They've always been about making money but they used to also care about guest satisfaction. Now it's just money and screw anyone that disagrees with our methods
Yep, the Disneyland fandom knew trouble was coming since Chapek was announced as CEO, now everyone else is picking up on it.
That’s because realistically this man has until the end of next year if there is any dip in Disney’s revenue they’re not going to keep anybody around that doesn’t know how to make money lmao especially when Disney just made the amount of money that they did prior to Covid So to have a CEO, and replace sad person and make less money pretty much just shows how out of touch and how much sad person should not be in charge of anything
If Disney think he'll damage them long-term, he may end up getting forced out early. They don't want a repeat of Michael Eisner.
You sound to understand the background of Chapek when he was handling the parks, what did he do that ended up affecting them badly?
I remember most people were worried about the hire and John liked the hire at the beginning, I knew he would be a bad choice.
My hopes and I strongly believe that Fiege will be able to navigate this nonsense with his studio experiences and the MCU at the least isn’t affected
They don’t call him Cheap Chapek for nothing.
Yep, Bob Cheapek
Cheap? He making Disney into an elitist playground. It not cheap. I call him Bob Paychek because it’s the only thing he cares about; his paycheck
Aaaaand he's out!
Im from the future. The movie side is in rebellion and 4 actors are now suing Chepak. Several MCU actors have been cut or not returning as well.
18:09 I felt like the fans were right from the jump.
As soon as I heard that Chapek used to be in charge of the parks I thought, "Ahhh... That's why I haven't felt the need to go to a Disney park in 10+ years."
Some of this is open to interpretation. For example, when I read up on Disney’s restructuring, I didn’t get the impression that the distribution arm would be meddling in the creative process. Rather they would just decide on whether content is released theatrically, on Disney+, Hulu, or a hybrid.
That’s not necessarily a bad thing. Let the creators create and let the business folks determine the best way to get it in front of audiences.
I remember Kevin feige almost quitting during disagreement with Civil War. If he leaves ima be so mad
What disagreements?
@@athenajaxon2397 from what I recall, they didn't want ironman and other characters to be in civil war and feige fought tooth and nail to have them be in the movie. He also threatened to leave
@@bhavikparekh141 Really? Never heard about this. Got a source?
@@bhavikparekh141 That was because of Ike Pulemutter, it had nothing to do with Disney proper.
@@IamBrixTM I believe John talked about this if you search it up.
If it's not broken, don't fix it. The fact that someone in his position can't understand that, is disturbing.
But it is broken Disney's bleeding money because Iger spent to much money. Remember Iger chose Chapek for a reason.
@@scottgamble9249 They have are operating whole parks with reduced capacity, and with increased equipment procedures, while also getting pandemic box office numbers out of films that were made with pre pandemic budgets. Remember, it's the new era that's deciding on how those movies are being released also.
If Kareem was smart he would just let the creatives create and take credit when things are good but pass the buck to the scape goat when things are bad...but he's probably an idiot and will micromanage himself out of a job when sales and stocks are down and/or a new power shift occurs.
Yup
In 15 years I hope there's a Disney version of "The Last Dance". This guy sounds like Jerry Krause. A bean counter who wants all the credit. Even credit for creative.
@@lexis4490 It was Waking Sleeping Beauty
If anything, this is reminding me of when Ron Miller took charge after Card Walker and Don Tatum. Ron basically ran most of Disney into the ground. The only positive thing that he launched was the Disney channel.
If only the company had a Roy E Disney to lead individual shareholders and give them a voice.
WDWNT has been calling him out for what he has done to the Disney parks for years. Glad more people are, he needs to go.
What he did to the parks was the result of Iger. Disney has always screwed the parks when they needed money for the studios. Iger spent too much so Chapek had to squeeze the parks.
Done!
I see Disney becoming the new Warner brothers.
I pray this doesn’t happen.
Ironically, WB are doing a lot better now.
This is why I trust John Campea special when it comes to things like Disney too many people have a hate on for Disney because of Star Wars or something else wasn't the way they liked it. Here John lays the facts down and makes his case why he is worried about the actions Disney are making. And he makes good points, if they put the creators at the bottom you find up with bland studio movies.
Big facts Stephen, same thoughts as well my friend. John is quick and great when it comes to underlying these things, as well as how benefitial the Campea classroom has been as a form of instructing us into all of this. And it really inspired me to get myself more properly educated into the subject of corporate actions
Yeah, you can agree or disagree with Campea's opinions (God knows I am 50/50 with him most of the times) but he does a fantastic job in explaining the industry/business/politics side of filmmaking.
@@theankh2872 X2 my friend. Why I became a fan of him through Movie Talk
@@stormtraitor6545 Same thoughts man, same thoughts. I don't like Iger because of the "over-cannibalization" he's done with the OG properties even though I'm being somewhat hypocritical myself because I liked a few of the live-action movies, but credit is due where credit is due, he did impulsed Disney as a brand and name whether we like those movies or not. And heck, even Kathleen Kennedy adds to that family as well.
@@stormtraitor6545
Considering what John Lasseter had been accused of doing for years and Bob apparently had been aware of it since at least the early 2010s, I wouldn't exactly call him loving.
Remember the Eisner era of Disney? This is looking like it's going to be exactly that. And remember that was one of the worst time's for Disney. History repeats itself.
How was the Michael Eisner era of Disney? was it the one of the 2000s?
Those who don’t learn from history are doomed to repeat it.
First half of Eisner reign was a renaissance. After Frank Wells died in ‘94, Eisner no longer any checks and balances and the company went to shit for 10 years.
Nipped in the bud hopefully just in time. Long live King Iger 👑
Bob Chapek's leadership has started showing its signs, DisneyStar (Star [FOX's] a Big Big conglomerate in Asia) recently shut down it's Sports channels in South East Asia (Thai, Viet, Sing) which were there for a long time. Now DisneyStar has a GEC and Sports portfolio present only in India with a very minor footprint in China.
John Campea: "Disney is losing it's soul?"
Me: What soul? 😐🤷🏾♀️
Who else is here after Chapek got fired and John’s premonition came true?
DC Cinematic Universe: "KEVIN FEIGE COME ON DOWN!!"
Haha WB execs would ruin that too.
We already knew for months Disney was doing this. They already announced they were making a division that would tell their studios this is where their products would be put. It was a side effect of them putting a focus on Disney plus.
Indeed, when that was announced I was very confused about it. Making a movie for theaters and making a movie for streaming are two completely different things, and having these projects approved and made without knowing the medium it is going to launch on made absolutely no sense.
Now that we know suits are making the decisions it makes complete sense. These guys are absolutely clueless of how a movie is made.
Yep. It’s actually not a bad idea given the landscape of today’s media.
I imagine the creatives don’t like this b/c they’re no longer guaranteed a theatrical release upfront.
And the fact that this is affecting the likes of FX is a really concerning and negative sign. Like, there's no wrong in them focusing on streaming, but you can't let the other one with no supervision and off-the-hook
I wish Warner Bros and DC has the same type of characteristics that Bob Igar... but they became more of Bob Chapek lol
This aged well
I still remember when Chapek was announced as new CEO. Rob and John was like this guy is the best ever. Chapek had to reorient the company . The future of disney is disney+. Naturally they have had to reorient this massive company to compete with a new competitor and rival in Netflix and Amazon. It can't go on as business as usual...
@@scottbarbour9745 who annoited Chapek as successor? Iger chose him successor, so obviously Iger must have thought, Chapek fit to lead the company. Whatever changes Chapek did to the parks happened under Iger's watch too.
This is going one hell of a ride
Not bad
"Baddum tizz"
@@lexis4490 This is gonna be the downfall of Disney 😔😔
And Disney will diminish and go into the west!
Make sure to sign the petition. And bring awareness to all Customers and workers CM, and everyone else. Chapek is literally driving the company down. Twice the price for half they quality, not worth it and it’s destroying the magical experience. Sooner or later, they are going to have to wake up.
If Chapek adds a layer of management in Disney strictly for financial reasons then the company will start to die. It wouldn't surprise me if many production people start leaving in mass in 2 or 3 years which is when the next phase of the Marvel MCU starts over. Who do I think is a threat to Chapek? Kevin Fiege, because many may consider him for the top job at Disney if Bob Chapek stumbles. Expect a much higher demand for Disney to kick into renovating the Disney parks because Chapek reduced the overhead maintenance expenditures for that division. That area of Disney can't run on skin and bones forever, because the attendance by the general public will notice the rundown sections of the park over time.
@@kamb26 I visited Disney in Florida late 2019. It was understaffed, the water bridges needed updating, the walkways had cement that was rushed into repair, so, footprints were made before the cement set in, air conditioning was set up high which made room temperature always close to 90°F. These are all make shift orders when someone doesn't want to spend much to save money. Also 4 oz. wine cups cost over 5 bucks at the Epcot center food courts. I did enjoy myself, but I'm in no rush to visit again.
Fortunately the dude that was about to run the Kingdom into the ground is gone. Byyyyyyeeeeee! The witch is dead, long live the King!
If things are shaken up too much at Disney and Kevin Fiege gets sidelined/has even less power he could want to leave, you don’t want Fiege leaving. Think what happen if Warner Bros comes hunting for him to revive the dceu...
Nipped in the bud hopefully just in time. Long live King Iger 👑
Me: People need to calm down about Bob!
Also me: *realizes it was under his leadership that Lizzie McGuire got canceled at Disney+ and 'Love, Victor' got moved from Disney+ to Hulu and we didn't have a new Disney+ show for 9 months ... "Never mind, I hate him too"
He made Disney+ an awful streaming service for 9 months until we got Mando S2 like if Bob Iger was still CEO we would've had WAY more TV shows on Disney+ by now
@@tatertot1052 to be fair the pandemic fucked up their release schedule
@@athenajaxon2397 Well, yes. But, Disney+ cancelled Lizzie McGuire (which would've finished production if they didn't cancel it) and shipped off multiple big shows to Hulu... which resulted in the 2020 summer slate for Disney+ being completely empty in terms of TV shows. So, it was really both the pandemics and Disney's fault. And honestly right now, Disney+ is still falling behind because we are really only getting like one show a month in terms of big hits.
Yeah, honestly I am not a fan of corporations and such, but you can't deny that someone like Bob Iger is basically the best you can get in such environment and industry because when 90% of the other guys take over (guys who are like Chapek) it all goes to fucking shit. This is one of the reasons why in my opinion MCU fans should be worried when Kevin Feige leaves, because as with Bob Iger, like him or dislike him, there almost no one like Feige and 90% of his potential replacements are most likely gonna do a terrible job.
@@theankh2872 I swear, if Kevin leaves because of Bob Chapek I will boycott lol
Also, I love Bob Iger! I think he really cared for the Disney brand and did a lot for it! And he has very good relations with his employees like Kevin! But people like Cheap Chapek just want a bigger paycheck and don't actually care for the brand whatsoever... Disney+ would probably be much better if it wasn't for Chapek's decision to basically make Disney+ a kiddy service!
He has managed to damage the Disney brand at an even faster rate than even this estimated. It is shocking.
Byeeeeeee! 🤣
The delivery system for movies is broken, theaters are either closed or empty, streaming is fractured and China is puzzle that needs to be solved. This is not a job for creatives, this is a job for bean counters and technocrats. Once through the choppy waters the creatives can take back over. I hate to admit but disney knows what it is doing (as far as business).
John:”They worked in Finance!!!!”
Me who works in finance:....
Dude unless you're suggesting you could run a film company, I don't think he's dissing you.
@@JoelJoel321 but what if I have dreams of running Disney 😂
@@quest9133 John not approve!
You know who would be great to run Disney? Phil Spencer! His philosophy is EXACTLY what Disney needs. Just read how he has turned Xbox around.
I would like to know what Bob Iger thinks of all this b.s.
He would be downright furious that in his fury he would turn into doom guy and annihilate everything there.
If only WB had a Bob Iger
Apparantly WB had Alan Horn back when they were making films like Lord of the Rings and The Matrix. But then they fired him because he was "too old"......
Oh yeah, definitely. Lets make remakes of Dirty Harry, Casablanca, The Shining, Police Academy, Beetlejuice, The Clockwork Orange to "strengthen" the WB brand, that would be wonderful. Lol
John is ready to travel back in time to undo the leadership transition. Just before getting the Infinity Stones.
It's a different world. The overall pay and reward for a CEO no longer has anything to do with overall performance. As long as shareholder value goes up that's all that counts. If it's done by stock buy backs or deep cuts that result in quick gain at the loss of future profits it does not matter.
Whenever there is a new CEO, the company culture changes.
Could a "Park Person" please explain why Bob Chapek is disliked for his work before becoming the CEO? I feel like I'm out of the loop here.
Because he's basically screwing over employees and has been for a while. He's cutting a lot of the little things that make the park special, even before COVID. He's been cutting corners to make his bottom line look better for shareholders. He's been burning a lot of his bridges with his own employees
Idk if he was disliked before he was ceo. I think what they might be mad about is that they took away the season pass for Disneyland and he seems to not want to say that they’re bringing passes back. I read that during the meeting he won’t call the new thing a season pass. He’s also said that anual pass will not benefit the company because the old ones only benefited the pass holder. But that’s what I think they’re mad about, the fact they’re took season passes away and aren’t bringing them back to how they use to be.
Something I also heard through the grapevines is that Chapek is a very cost-saving person. A lot of the entertainment in the parks ie, the people performing the shows or playing characters, have been cut down, and it generally has been tied to Chapek. It also doesn't help that before taking over the parks division, Chapek was in charge of marketing and not a creative division. It's caused alot of park fans to complain over less being featured in the parks while the price remains constant if not still rising.
@@itshobojoe1391 That's completely true. My dad works at the parks, his job is safe but so many people have been cut permanently even before COVID. Chapek is not well liked at all and has a very poor relationship with employees
@@ericdelmuro7120 No he was definitely disliked before. Like the environment around him was a lot like walking on eggshells. He's only concerned with monetizing things and nothing about the creative process or overall quality
This makes me understand why additions to Disney Parks took so long
26:58 eh, it's both. Without the infrastructure to promote these things, the audience they draw would not be the same. No interview tours, no talk show guest spots, no commercials, no toys, no posters, no collectables, no exclusive access etc. etc. The creative comes first, but in order for it to draw the money needed to fund these massively expensive projects, they need the machine to run it.
What it sounds like is that Disney is getting too heavy on the infrastructure side and it may be a detriment to the creative side.
Was the middle finger at 15:17 intentional.... cause if it was... John is really stepping is game up with the malarkey and I have to command him for it! 🤣
John went on and on and on and on so long he thought RMBs mic went out. Might want to let your guest speak sometime.
I mean it’s the John Campea show, not the Robservation Show.
We see it already in the Theme Parks. They are charging for what used to be free. There are "levels" of experience now. The magic is leaving.
Bob Iger creativity?
- He acquires successful companies.
- He overexploits franchises: look at Walt Disney remakes, look at Pixar, look at Marvel and Star Wars.
- The movies are all the same formula, wether it's Marvel or Disney live action remake.
- he prefers old ideas before new: Star Wars all over again instead of new ideas, Disney's live action remakes, Pixar's sequels and prequels
Yes, Iger milked Disney and the acquisations (except mabye Muppets) for all it's worth. Now Disney has no choice but to make new ideas, because they already remade and gave sequels to everything possible.
So, Disney is now more or less doing what WB have been doing for the longest time? That worked so well for them... who even thought of this?
The Wall Street investors that don't give a living crap about moviemaking or its process, those are the ones having the reign
@@Merdicano Yup, this is definitely a yarn of a mess. What even is Chapek's job after this? Money pile counter? I can already smell all those aborted projects in the compost heap...
@@ReversedPolarity Probably an intern assistant at Krispy Kreme. That could be a prime suitable job for him
@@ReversedPolarity Atleast WB's restructuring has worked out very well for them. They've been thriving in the pandemic. But Disney, is just a mess.
@@user-cs1ep6jj2o I read recently Disney+ is initially underachieving as a platform and the problem is certainly not the creatives, it's the platform. Now they have a suit for the suit just to control profit and losses according to statistics.
WB? More or less. They're making serious box office money out of marketing alone, which is a plus, and they listened to people for once. But there's still an undeniable chronic problem there (though the solution is the confusing part). In a few years, it might be Disney's if they're not careful.
This is why we need the John Campea Show. It helps us understand all this movie madness. 😄
I have a question totally unrelated. I've wondered this for a while. What are the super chat badge things John keeps shouting out?? Is that a patreon thing? I've just never known what they are lol
Well, the 50th anniversary of Disney World is going well....not really. I'm a HUGE fan as well and I'm scared for where the company is going.
A journalist should get ahead of this and ask Kevin Feige if he could work on a non Disney property what would it be?
The new guy is trying to fix things that aren't broken, and in the process, breaking them.
The MCU will suffer badly, and the spiderman deal will fall apart. Calling it now.
Looks like the board of directors at Disney learned nothing from the Ike Perlmutter era. Oh well, it was good while it lasted.
Seems they've learned enough to restore order in the kingdom now
I smell a similar disaster to what the football club FC Barcelona went through under Bartomeu
Chapek is ruining the company. How do we make Disney realize that? So many people have a bitter taste about him. Even hardcore Disney fans. Before you know it the parks will be an oversized six flags. The dedication to storytelling and detail is what makes Disney parks…well Disney. People will stop coming if there there isn’t change.
Let's hope King Iger 👑 can restore peace in the kingdom!
As a Disney shareholder this is not what I like to hear
The drop in the stock should have clued you in. It's down 8% over the last month.
@@brandonreed09 It has nothing to do with Chapek. D+ just missed its subs estimates, which is 1 reason for its decline. Wall St loves that Chapek is emphasizing D+
@@naman6334 no. It's been down for the last month. Those misses last a day. The decline in subscribers is also a reflection on Bob C's leadership.
@@brandonreed09 Even though the broader market may be hitting record highs, many stocks are far from their record highs cuz of bond yields and inflation. If you look at other Dow stocks too, like DIS, they're down from last month record highs... This has nothing to do with Chapek or leadership change, esp the D+ sub slowdown... D+ gained over 100 mil subs in a bit over a year and likely slowed because of reopening
@@naman6334 oh btw the bond yields have been riding since August. Anyone using that as an excuse is a chump and doesn't know jack.
Love you John, long long time viewer from the AMC closet days. But I feel like the "john's classroom" thing gives the show a lower quality feel to it. Small thing of course. Maybe make it a full on powerpoint type presentation without the blinking cursor. It's just a huge difference in the feeling of quality from the rest of the show.
I personally think it’s WAY, WAY too early to make bold predictions about the future of the Walt Disney Company under Chapek. So FOR NOW, i’m gonna keep enjoying this company that I’ve enjoyed since I was born. However, I can understand why you might be concerned about this article. I’m just not gonna worry too much FOR NOW.
I'm glad you're optimistic, but unfortunately its not just this article or his last year as CEO; Chapek has spent years as the head of Parks and Resorts at Disney where he has been cutting staff and entertainment while increasing prices. Disneyland fans have predicted trouble ever since he was announced CEO last year, and now it looks like other news outlets are picking up on it.
This is pretty much a fair warning how things have changed. but seeing things change happens overtime and stuff may not go as u might expect it to later.
Seems he's been sacked 😳 yay Nipped in the bud hopefully just in time. Long live King Iger 👑
Why is Disney shooting themselves in the foot during a streaming war?
Can iger take back the CEO position?
No way he would even if he could.
Have you heard his work schedule?
Probably ready to get some sleep.
I feel like he could probably do it with a few moves with the board, but I don't think that he is interested on it. He most likely just wants to retire at this point.
he doesn't want it anymore lol
If it ain't broke, don't fix it. If it's the MCU, bend yourself into a pretzel to make sure you continue doing whatever you've been doing.
That sentence can be applied nicely to Apple. Post-2011, they didn't changed their formula and focused on strategy in how to elevate their demographic
Kevin Smith's story about the producer of "The Death of Superman Lives" is what's happening right now. Or a more close example.. Ike fucking Perlmutter.
I think you meant "Superman Lives", not "The Death of Superman Lives". 👍🤓
@@TFIta369 that's right. 😅
Low key, I hope that Kevin Fiege can just take Marvel Studios and bounce cuz it looks like things are about to get spicy.
Smh Kevin doesn’t own marvel studios dude
What? How is Kevin Feige going to take Marvel if Marvel belongs to Disney? ... Kevin at the end of the day is just a Disney worker.
@@krisj827 Why? They're two completely different roles, Feige isn't a business person he's a creative one.
@@krisj827 Disney is more than just producing movies bro. I can’t believe I have to tell you this.
Feige is just an employee working for Disney who owns Marvel. But if he leaves Marvel (fingers crossed) other studios will scramble each other just to get his services because they know what Feige can do.
He's not just a great producer. Feige is a full fucking NERD and he's proud of it.
This was 2 month ago and look where we are now
For some companies there are times of expansion and times of consolidation. The Idea being that you first grow your revenue and then once you've reached your revenue target you switch gear and maximize profit by focusing on cost. And each phase demands different leadership. In such a situation it would make sense to let distribution take over during the second phase.
But in Disney's case they had massive profit while also increasing revenue at the same time. Clearly the formula was working. What they're doing now is completely uncalled for.
The way this has been described and conveyed, I'm reminded of the changes from 44 to 45. I'm in the camp that would charitably describe those changes from 44 to 45 as "not good".
someone who rides the coattails of someone else, just kind of dicks around with his power and appeals to the base on an emotional level regardless of their own detriment
Seems like the 21st Century Fox buyout ended up becoming too big of task for them to handle. That's really why I was honestly never in full favor of them buying that company because what it would have meant is that they would now have around more properties and outlets that it would just end up becoming too big for them to handle. Like, there's no wrong in shifting focus at Disney+ because no matter how cliche it may sound, that's the future. But in the end, it ends up leaving the other companies and divisions at a marginal state that they could end up dying. Its all becoming a matter of quantity over quality at worse, really worse. And the fact that its affecting channels like FX its a huge first sign of concern. If they don't pull these strings together properly, they'll end up more doomed than Hollywood and Touchstone Pictures
Just mark this date - May 14, 2021 could be the beginning of the end of the great MCU. The biggest fear is if they're going to put someone in place who will tell Feige how to run MCU, maybe even tell Feige to give more credit to executives when speaking to media.
Feige will have a hand in every project that's going to release in the next two years even if he leaves. If it fails it's because of Feige not Chapek.
They need to get someone else to Run Disney parks and the movies . I hope they don't touch MCU and all the other Disney movies .
This is the classic “I want my guy/gal to protect me from underneath.” Disney is in serious trouble now.
Let's hope King Iger 👑 can restore peace in the kingdom!
i think the effects of this are being felt now. As you say, the decision to put Pixar movies onto Disney+ directly taken out of the hands of the creators is a bad move. Pixar movies are a big deal. They revolutionised animation and made people take the medium seriously. Pixar has put out four $1billion movies. Then, there's the issue with WandaVision and Falcon and The Winter Soldier clearly being rushed in production to get them onto Disney+. This is clearly not a decision taken by creatives. And as a result, subscriber numbers to Disney+ have begun to plateau. What I fear is that decisions like this will lead to diminishing returns from Marvel, Pixar, and Star Wars movies and the studio executives will blame creatives for it and either fire the great visionary creators, interfere more heavily with the work, or shut promising and would-be groundbreaking projects down entirely.
These are my views: Disney has been going downhill for a while, since the 1990s. Beginning with the disposing of Horizons, World of Motion dark rides and going towards motion simulators and a race car ride. Also the Winnie the Pooh ride which is like taking a ride through cardboard cutouts. Screens can make a nice background for rides but I think you need an animatronic foreground. I think it is true people appreciate real elements in rides. You cant watch TV at home. Also you have junk Hotels, the one which is allegedly modelled after the French Riveria but looks like some boxy apartment complex. The quality theming like Grand Floridian is just not there. A motion simulator and coaster here and there is fine, but they knocked out good dark rides and replaced them with those so the parks are becoming more heavy on those. You cant these dominate. People can go to Six Flags for coasters.
You are spot on with everything you stated! I agree 💯! I LOVED Horizons and World of Motion, so I was disappointed when they went away.
Disney is gonna become warner bros
People may be making way too big a deal out of this. We will just have to be patient.
I can see it now Kevin feige goes to Universal because he's had it with Disney
I started going to Disneyworld resorts and parks in 1996. I went at least twice a year from NY. But because of the way Chapek is ruining not running Disney i no longer go. It's a shame that he is destroying Walt's dream of having a place for families to go. People from states outside of Florida can no longer afford to go. Chapek needs to be let go and bring someone in that really cares about carrying on Walt's dream and the average people. Prices have gone through the roof for everything. Just outrageous.
-now you have to pay for fastpass
-soon you will have to pay to get on rise of the resistance
-to stay TWO NIGHTS at the Star Wars hotel you have to pay 5,122 for 3 people
-no more magical express you have to pay for something called mears
Notice one word that’s similar… PAY
Disney becoming WB’s where the business heads make the movies and blame the flop on the director’s
The dude down the street is in charge of the theme parks. lol
We honestly don't know what's going to happen. I don't see the need to panic. Let's see how things go.
Great video guys!
This might be something to revisit in five years to see what kind of damage that's gonna be done
Why the lionising of Iger? All of Disney’s innovation and creativity which the company was built on died under his watch with a focus of subpar animation and over exploiting existing IPs (eg live action remakes), devaluing them in the process.
Not to mention the complete mismanagement of Star Wars after its purchase (has Disney actually made a profit from the brand once all the costs such as Galaxy’s Edge are taken into account?) and overspending on the acquisition of FOX.
Iger saw that the spending over exploitation policy’s he implemented were coming home to roost so he cowardly jumped shipped to protect his own reputation and let someone else take the flak rather then demonstrate true leadership and steer the company through rocky seas!
Bob Chapek is in way over his head. If anyone has ever watched/listened to the Dis Unplugged you will know that for years this guy has been a doofus on all things Disney.
Chapek was the one who kept the money coming in when Iger spent to much money. Disney has always bled the parks dry when the studio needed money. Now that Iger can't spend Chapek doesn't need to cut.
Please don't go Warner Bros!
Lol. Rob didn’t get to say a word until 18 minutes in.
Do you think we will see a significant exodus of creatives from Disney?
I believe so, and boy, would I be having a good laugh at it
@@Merdicano it's always a good laugh when willful ignorance blows up in the face of the willfully ignorant
@@lexis4490 If they start to bleeding talent from Lucas Film, Pixar, and Marvel Disney will be in a bad way
@@darthku1408 Exactly, exactly. Like, I'm still laughing at the incompetence of WB as we speak
Let's hope King Iger 👑 can restore peace in the kingdom!
-Let the creators lead
-Remove unnecessary layers of bureacracy
-Put qualified experienced leaders in the position of leadership
-Clarity of vision and process
*None of these describe Kathleen Kennedy AT ALL*
While I understand your concerns, I think there is some delusional bias. Creative people like to think they create like God because of their magical powers. A whole structure is needed to provide the $100-200 million to make the shows & make sure it maximizes it's profitability. As Burnett has said, it is show business. There are many examples of " creative " people going off the rails. The Snyder remake is a perfect example of this. Building Disney + is a distribution investment. And that streaming service provides another outlet that the creators use to get projects done. I am absolutely sure the both Bob Iger & Alan Horn & probably Kevin Feige understand this. Look at the creators they have parted ways with for not being aligned with them. What makes them great is the way they balance it all. Maybe the new guy doesn't understand this.
Disney is trying to operate more like Netflix.
Netflix doesn't have to worry about cable channels and broadcast networks and cinemas and physical media and PVoD and on and on. Separating distribution from content-creation is supposed to allow for Disney to compete better in the streaming wars.
Let's not forget that creatives are responsible for Mulan flopping, Gina Carano being fired, and Star Wars movies losing their audience. The future is China and the creatives have had misstep after misstep in that market.