I bet you anything, Iger regrets coming back now. I know it seems like we're beating a dead horse, but this is absolutely been the single WORST year in the history of Disney and on their 100th year anniversary. Reedy Creek allegations, multiple box office flops, lawsuits galore, and a proxy fight. And the cherry on the top, Disney's image has been tarnished. And what's sad is all of this could have been avoided had Bob Iger kept his political ambitions away from Disney. Now his greed and hubris is going to cost him and this company. Iger needs to go alongside most of the board. And Disney needs to clean house and get back to its roots. A wholesome family entertainment company. Be diverse, but do it like the Reinassance age where good stories captivated people and not partisan culture war BS.
Well I for one am delighted Iger returned in time to reap the consequences of his own actions. Rather him than Chapek. And seeing as this will take at least a year for all Iger's doings to come out, I hope the board retains him till everything he's responsible for comes out... Then fires him without benefits. And his little KK too. Basically, for Disney to live Iger must take the blame for his actions while his actions are painted in a negative, unacceptable light. Only then will the next CEO and board Chair be free to rip the woke cancer out of Disney without the resistance Chapek endured during his run. While Disney is going to be hurt by all this, Nelson Peltz stands to gain by looking more and more like Igers natural successor. The man who gave Iger one chance to turn away from his approach and take the way of business for the consumer. Seeing as Iger lied to his face as he's been lying to everyone he talks to in media opportunities... Iger's only safe haven are those who think his name holds value in selling woke ideology... And I'll wager those phone calls are getting fewer and fewer.
@@zzygyy people are switching to anime, it's safe and fun. Though I hear the wokes are trying to infiltrate into the companies that do Japanese-to-English translations to change the meanings of what the original Japanese is actually saying. Another alternative is to start buying old shows on disc. Anything before 2015 is safe. I'm buying as many things on Blu-Ray and DVD as possible before they eliminate the sale of discs.
I wonder if Iger is regretting pushing Disney into politics yet. All of this scrutiny ultimately started by his kicking the hornets' nest of the Florida legislature
This is after Florida's government gave more leniency to Disney to operate its park there under the lockdowns. Left to its political allies in California, Disney would have been financially strangled for two years.
Iger regrets nothing. His narcissism will see to that plus Black Rock have made sure he has been well rewarded financially for his adherence to the globalist agenda.
Unfortunately most of the top executives got thier ESG cash bonuses and are happy. Mission accomplished as far they care. But yeah, the DEI underlings are screwed.
@@juniorjames7076 When you're looking at people who have $20M in the bank but are still working, they're not generally there because they want more consumer goods. It's about prestige and legacy at that point. When someone like Iger hears a man in a suit introduce him as "esteemed CEO and philanthropist" followed by applause from senators, New York times writers, Google executives, and Harvard professors, he gets stiff. If you humiliate them (e.g. by getting them removed for corruption and/or incompetence), that hits them way harder than hitting their bank accounts.
@@juniorjames7076 maybe they did get their bonuses but they have been on record endorsing ideology over business rationale. And the internet doesn’t forget..
As a movie fan for over 40 years, studios are giving people what they don't want,and then they are angry the audience rejects it.I love Indiana jones,but even I didn't need or want a new movie.A studio can't force love or desire of giving money for their product.
Well, Hollyweird has shown THAT kind of misjudgment for some time now. Terminator: Woke Fate and Charlie's Succubi, two recent movie flops that NOBODY asked for, makes that VERY clear.
This isn't Grandma getting decapitated on the Small World ride or a Cast member diddling kids. This isn't something that can just be swept under the rug. I mean, Peltz couldn't ask for a better way to clean house
Hopefully when that happens, there be far reaching consquences for his underlings that trickle down to certain people who should of been fired long ago, yet still hang around, causing nothing but problems!
Yes! I am embarrassed to say I really was thrilled that Chapeck was fired and Bob Iger was coming back. When I discussed it with my sons they said don't get your hopes up! Right away as time was going by I actually thought up be careful what you wish for! The magic is gone after Isner left way back. I had high hopes.
Please remember neither Midnights Edge nor it's comments section endorses watching Disney Slop. In addition to exposing yourself and your children to harmful messaging you are also rewarding Disney with your watch time and bragging rights on how many people consume their content illegally.
@@vsznry Everyone has their own specialist angle. Culture is just as important as religion. "Politics is downstream from culture" and the shareholders know this that's why they're subverting entertainment.
I feel kind of sorry for those who'd continue to waste their time watching anything new from disney, legally or on the high seas. as for old things - get some physical media why don't you - maybe used from an online retailer. don't give the mouse a dime for your time!
@@vsznry "religious nationalism"? do you mean religious people who took an interest in politics and need to be brow beat back into submission? cause that's all that word means to me. another bully term meant to scare, silence, and drum up hate in a specific direction. maybe you should back off the ESG kool-aid my friend.
Black Rock has publicly stated multiple times that turning Gen Alpha into activists is their goal. They know the current generations reject wokeness. But if they can keep the propaganda up for 20 years, then Gen Alpha will know nothing else. So they will be conditioned to accept a global government, led by Black Rock and WEF.
The reality of shareholders is that not a lot of them are active ones. There are so many passive shareholders due to how markets work, that it doesn’t need a lot to control a company. Hence why Balckrock and Vanguard get mentioned so often, as their percentages are not that high, but they actively use them. That’s also why Peltz, with roughly 2% of the votes, becomes an issue for Bob.
I love that the timing of this is coinciding with the collapse of the Western comic book industry and that pros who were previously silenced are pushing back after all these years.
Who is pushing back that was previously silenced? All I hear currently is Mark Millar and he can’t be silenced due to having his own company and actual fans. The rest seems to remain as silent as before or even joining in on attacks (though Donny Cates deleted his dumb attacks … so at least one of them can still feel shame).
As a comics fan from the outside of US, it’s sad and scary to see the big industry slowly collapsing like this. I have hopes of working in the industry, but I can not deny what’s happening. Based on the little I do understand, a huge chunk of that as well can be attributed to how Disney has handled the comics (and related) franchises it has purchased during the years. It has largely reflected on to other big names as well.
Investors normally only care about making money through shares. They normally don't care about short or long term as long as their shares go up and getting their dividends. They aren't consumers of products made by the company they invest in
Disney is not fixable, most of the decent creatives are gone or retired, Peltz would have to literally fire hundreds of people from critical positions and hire non-ideologues, but most importantly would have to fire almost the entire management structure and most of the heads of all studios. And do all of this while the blackrocks of the world actively try to sabotage them.
It looks like there are at least a dozen board members, so the voice of sanity from one new member will not change much unless some of the rest are not soaked in wokery. The way out of this mess is toppling a majority of the woke leadership. Can't see that happening myself. That or the company being brought down - slightly less implausible.
Peltz just wants the money. His M.O. is to get on a board to pressure the company to sell off pieces of itself. The stock gets a huge short term bump from the cash. He sells, and leaves the gutted company's carcass to rot. He won't save Disney. He will sell Disney their grace stone before putting them out of their misery.
IMO, the audit was only the beginning. I’m betting the State of Florida, through its DA’s, is processing the audit and looking to see where they should begin filing for serve warrants
Here is a question I have, and I ask it with no schadenfreude at all: why? No, not why is Disney failing. No, not that. There's a why (or perhaps several whys) behind the bigger why? Here's my question: why didn't those that Disney presumed to champion not support Disney? Is it that these demographics cannot support Disney? Or is it that they do not care to support their champion? And, then, more whys follow. I would love some rigorous, empirical answers to some of these questions.
You have started to answer your own questions. The liberal far left that support all and any woke messaging are definitely in the minority in society even if many people agree with some. Extreme liberals tend to be younger and therefore have less disposable income. The types that support such messaging are also more likely to support socialism which increases the chance they are lazy, excuse ridden, victim culture snowflakes that don't bring value to their job and are therefore more likely to be in lower paid jobs. When you take a male oriented show, character or movie and insert a woman, it doesn't change the fact that women in general were not interested in the first place and female insertion wont help. No matter what someones politics are, a shit movie is a shit movie whether you support the message or not. The answer in a nutshell is that outside of Hollywood, universities and California, there simply isn't enough numbers to support Disney's agenda and the ones that do, tend to have less money and interest in these properties.
I think from what I've consumed one of the answers is the motivations come from two places. One is jealousy of the success that certain segments that are looked down on by those that haven't liked or been involved in these hobbies. Comics, fantasy, and the like. The second reason is another group just wants to see anything popular burn. If that means simping for a cause they really have no interest in, so be it. A possible third theory is power attracts the corruptable. This can lead to all kinds of beheavor, from virtue signaling to becoming a sycophant all for the purpose of gaining power and money. What's being taught in colleges today hasn't helped either.
I can answer part of that. I'm bi. Technically part of the LGBT "community"(though it hasn't been an actual community in decades). See the thing is most people who are LGBT do not actually support or agree with all the crap you hear from LGBT activists. The activists have highjacked the community and claim to speak for everyone but they only speak for a minority of the group they claim to represent. See there is a lot of pressure to appear unified even if you don't agree or be ostracized and shunned. So except for oddballs like me(I have zero respect for anyone whose only personality trait is their gender or sexuality) it's only recently that people in those groups have become so fed up they are speaking out against it all. The result is even when these companies pander they are only pandering to a very small part of the groups they are trying to pander to. It also doesn't help that zoomers(the group they are trying the most to attract) are actually the most conservative generation in decades (all the BS activism has actually turned them off on those topics)
The woke activists they are pandering to don’t have children, they are the fastest shrinking demographic. The nonwhite groups they are pandering to don’t want blatantly antiwhite propaganda movies masquerading as “representation.”
The only thing I could give Iger credit for is returning Oswald the Lucky Rabbit back to where he belongs, but things need to change and Iger needs to go. Peltz and Perlmutter deserve to be on the Disney board so some REAL change can be made and the company can hopefully recover.
Who said that Disney could do nothing entertaining, I would say Disney is still the making the most entertaining content, it's just outside of films and TV!
Actually I heard from the staff a lot of the office jobs and behind the scenes buildings are vacant. Most of their corporate/office jobs are done from home or Florida. So they could build a land or 2 next to the freeway.
5:53 This is the reason Kathleen Kennedy is in panic mode to get the last of her Rey Star Wars film rushed and done. When this happens, she knows she's going to shown the door as well.
Well done Andrea, once again an excellent video full of solid information and fair assessment of the topic discussedd!. At this point I'm really sick and tired of Disney's current board members inactions and BoB Iger's lies! They all truelly need to go, let the purge begin!
This starts to get into what attorneys call "Open up your checkbook" territory. The longer Disney tries to fight, the more this will cost them, even on an NPV basis....
Basically the attitude I see among my friends and family is that Disney can wipe its rear end with their woke agenda. That includes all imbedded lecturing about DEI and ESG. Disney may be too infiltrated and corrupted with this however and so maybe needs to go down the tubes.
Disney shareholders (and basic day-traders) are proof that just because you "invest", it doesn't make you a smart person. They sit around buying stock for a failing company, waiting for "time to heal all wounds"... when the reality is that "time makes fools of us all".
This dude deserves a million followers he has an amazing voice he’s smart and his writing makes me think about th issue in a aw I normally wouldn’t have
It is what it is. Disney thought it would be "hip" to jump on that woke bandwagon to go with the new generation and time, to be a modern company etc. The issue with this is, once you made that step for such a big company you can not turn around. It is just stupid for such companies to take part in political and/or ideology things. Just make MOVIES and SHOWS and whatever else you did good in the past. Is it so HARD to be neutral about politics and ideology stuff? You will even split your own employees at Disney when you take part into politics, AS IF 100% of those employees share the same ideology view.
It's not that they jumped on the bandwagon...it's more like they accepted to be an instrument of propaganda relying on Blackrock and Vanguard funds rather than people watching their movies. I think they are actively paid, like man6 other "woke" companies, by those mega-trusts.
They can't turn it around because they fired everyone with talent and everyone who loved what Disney used to be, because they were "in the way" of Bob Iger's vision. To turn things around, they would have to fire everyone and bring back the old talent, most of whom found other jobs already.
Despite liking the overall vid, I'm always surprised by Andre's, who claims to have come from finance, basic lack of understanding of Vanguard and that it is almost exclusively an index tracker asset manager. the ESG Vanguard holdings will be tiny compared to the normal S&P tracker funds.
What's "polarizing" about FTX? Is there a large contingent of people that in favor of embezzlement? I know the cryprtobros are nuts, but that seems beyond the pale.
The best thing that could be done with Disney, is to shut down everything and fire everyone. License out properties to people whom are actually going to respect them. You could maybe keep the parks, but focus on maintaining the popular rides.
I'm scared Iger leaves right before this stuff blows up and leaves Peltz to have to take the fall for all of this. I want Iger to fight and go down with the ship and carry all this himself!
Florida State should send Disney a Cease and Desist order for all parts of the company operating in the Reedy Creek area until all the issues have been resolved or at least addressed. 😎 If it was any other company, you can bet the cops would have already installed locks on the doors
Another insightful, study featuring in-depth analysis of the situation with Disney. Well done. I'm constantly amazed at Andre and team's maintainence of such high-quality journalism - content. I am wondering if the Board and previous Boards and Snr Executives at Disney are all potentially culpable or complicit with the defrauding of Florida - ie: this possible rico case. It certainly sounds like there's a case to be answered here. I'll definitely check out the Legal Mindset's channel also. Wonderful job on this production, by all :)
There is no way Iger is going to jail. He has money. Lots of it. And he can hire the best attorneys in the country. And he has power and influence as well.
That won’t matter if the new president has several times the amount of money he has. Trump has billions. Iger only has millions. There’s no amount of money Iger could offer Trump that would get him to pass up the opportunity to be cheered on by his supporters by jailing Iger. And then there’s Desantis who will take campaign donations from Disney, but will still go after them anyway. There’s no way Desantis will pass up the opportunity to jail Iger so he can declare victory to his base on their war on woke. Peltz himself is a big Desantis donor and has billions. He’s also a Trump donor and is apparently close to the Trump family. Iger crossed the wrong guy. Peltz has a lot more money, power, and connections than Iger and so does Trump.
I went to Disney World for 42 years, to spend our Christmas Holidays and Birthdays with my family. On my last trip I was so disappointed I stop going four years ago. I was sad to see what was happening to Disney, the quality of the shows and everything else was not worth the trip anymore. I miss going very much.
For a fan-based analogy: Disney is like Mordor, even though the Ring was destroyed (IF Bob gets ousted), Mordor, like Disney 'could' be rejuvenated, but not until many life times have passed.
I've been using those words for years now: "Disney has abandoned their feduciary responsibilities to their shareholders. There was bound to be a reckoning.
For anyone here who still pays for Disney+ watch out cuz they created a BS premium teir they put their customers on without asking. I just cancelled mine....tired of these streaming companies taking the piss...it's the high seas for me!!
Ironic that South Carolina would psuh against Disney given their former governor, Nikki Haley, pushed for South Carolina to work with Disney in the wake of the Reedy Creek dissolving.
2:05 My sister canceled D+ this week. But not for boycot reasons or whatever. No, with her it was the latest price hike that had her saying it was enough. She lives in the US. And i heard today that here in the Netherlands they are going to increase the price by 20 euros over the coming year. I Wouldn't be surprised if they are loosing half the subs just for the price increases they keep doing because of, um, subs they lost.
Bob iger has completely adopted the story of anakin skywalker. He was supposed to save Disney from the terrible decisions of chapek, but instead he became far worse than the problem he was anticipated to fix.
@@SuperWolsey oh i agree. He was their golden goose when he was in there first and nobody saw what he was starting until chapek was put in to take the flak for it all. But he was brought back because of all the mess they heaped on chapek.
Anyone still remember when there was chatter of Iger possibly positioning himself to run for President of the United States of America? Pepperidge Farm remembers.
It is REALLY hard to respect someone who says do not pirate movies because you will get viruses and malware and then follow up with a "solution" to those things via a VPN commercial. Which has NOTHING to do with viruses and malware. VPN's ONLY protect your IP number. What's it going to take to get that through to people?
Bob Iger should have been fired long long ago. The man will only ever be remembered as the man who destroyed the Disney corporation. Not much of a legacy is it.
Excellent news, if true. Nothing I’d like to see than Disney going back to what I remember it to be from my childhood and the ideologues to be shown the door. But I don’t think it will, short of Chapter 11.
Disneys probably going to be getting more trouble soon. Maybe from David Productions. With the new anime UnDead UnLuck being solely streamed by Hulu which is owned by disney some trouble may arise from the production studio. Disney Plus was supposed to have the show on it ten weeks ago. To this day it is still not there. It is however on hulu. Unfortunately bc of the trouble with disney people are cancelling their disney plus and hulu subscriptions resulting in a viewership and possible revenue drop for both Undead Unluck and David Productions. So this is gonna be fun. AND HERE COMES DP WITH THE STEEL CHAIR!
Iger brought ALL of this catastrophic nose dive by his own effort and his own unprofessional behavior. DEI and ESG Iger embraced and championed was BAD and remains bad and the shareholders and stockholders allowed this cancer to continue unabated until we Normies decided that the queering of everything all the time was unacceptable: as they were warned about.
Iger is an extreme narcissist. The thought of facing criminal charges never entered his mind.
He'll be fine. Elon has thousands of pending legal cases against him & he's still a free man.
Dunno about that. He seems more like a sociopath than a narcissist imho.
I never envisioned he would put the company in these massively dire straits.
Remember, he lives for those 2 shower days in his office.
And doesn't now. He'll never face anything. It's always the same story with these superrich people.
I bet you anything, Iger regrets coming back now. I know it seems like we're beating a dead horse, but this is absolutely been the single WORST year in the history of Disney and on their 100th year anniversary. Reedy Creek allegations, multiple box office flops, lawsuits galore, and a proxy fight. And the cherry on the top, Disney's image has been tarnished. And what's sad is all of this could have been avoided had Bob Iger kept his political ambitions away from Disney. Now his greed and hubris is going to cost him and this company. Iger needs to go alongside most of the board. And Disney needs to clean house and get back to its roots. A wholesome family entertainment company. Be diverse, but do it like the Reinassance age where good stories captivated people and not partisan culture war BS.
People are tired of Hollywood. We want good stories. Not political BS.
Well I for one am delighted Iger returned in time to reap the consequences of his own actions. Rather him than Chapek. And seeing as this will take at least a year for all Iger's doings to come out, I hope the board retains him till everything he's responsible for comes out... Then fires him without benefits. And his little KK too.
Basically, for Disney to live Iger must take the blame for his actions while his actions are painted in a negative, unacceptable light. Only then will the next CEO and board Chair be free to rip the woke cancer out of Disney without the resistance Chapek endured during his run.
While Disney is going to be hurt by all this, Nelson Peltz stands to gain by looking more and more like Igers natural successor. The man who gave Iger one chance to turn away from his approach and take the way of business for the consumer. Seeing as Iger lied to his face as he's been lying to everyone he talks to in media opportunities... Iger's only safe haven are those who think his name holds value in selling woke ideology... And I'll wager those phone calls are getting fewer and fewer.
Iger wanted to come in and bang out a profit again on that anniversary to show he's a hero. Instead this is what happened.
No. He's JUST CONCEITED enough to think he can get out if it...
@@zzygyy people are switching to anime, it's safe and fun. Though I hear the wokes are trying to infiltrate into the companies that do Japanese-to-English translations to change the meanings of what the original Japanese is actually saying.
Another alternative is to start buying old shows on disc. Anything before 2015 is safe. I'm buying as many things on Blu-Ray and DVD as possible before they eliminate the sale of discs.
Its sickening how long blatant and criminal corruption was allowed to grow.
I wonder if Iger is regretting pushing Disney into politics yet. All of this scrutiny ultimately started by his kicking the hornets' nest of the Florida legislature
This is after Florida's government gave more leniency to Disney to operate its park there under the lockdowns. Left to its political allies in California, Disney would have been financially strangled for two years.
Iger regrets nothing. His narcissism will see to that plus Black Rock have made sure he has been well rewarded financially for his adherence to the globalist agenda.
Back when he hired and surrounded himself with a bunch of far lefties so he can show how progressive he looks before running as a Democrat
People like Iger believe they are the heroes of the story. He regrets nothing; if anything, he regrets not being more extreme and destructive.
@@jordil6152I don't think he has a soul anymore. He is pure ego and evil.
Words can’t describe how good it feels to see all these pompous woke entertainment big wigs on the back foot..
Unfortunately most of the top executives got thier ESG cash bonuses and are happy. Mission accomplished as far they care. But yeah, the DEI underlings are screwed.
@@juniorjames7076 When you're looking at people who have $20M in the bank but are still working, they're not generally there because they want more consumer goods. It's about prestige and legacy at that point. When someone like Iger hears a man in a suit introduce him as "esteemed CEO and philanthropist" followed by applause from senators, New York times writers, Google executives, and Harvard professors, he gets stiff.
If you humiliate them (e.g. by getting them removed for corruption and/or incompetence), that hits them way harder than hitting their bank accounts.
@@juniorjames7076 maybe they did get their bonuses but they have been on record endorsing ideology over business rationale. And the internet doesn’t forget..
@@matthewmitchell2760One finger pointing, three of your own pointing back at you, is a saying for those trying to incriminate others
As a movie fan for over 40 years, studios are giving people what they don't want,and then they are angry the audience rejects it.I love Indiana jones,but even I didn't need or want a new movie.A studio can't force love or desire of giving money for their product.
Well, Hollyweird has shown THAT kind of misjudgment for some time now. Terminator: Woke Fate and Charlie's Succubi, two recent movie flops that NOBODY asked for, makes that VERY clear.
Indeed. People need to vote with their wallets more.
@@andrewcurlutu6422Woke Fate😅😅😅😅😅
I say F the shareholders... They have watched this train wreck in slow motion for some time now and had every chance to stop it but didn't.
This isn't Grandma getting decapitated on the Small World ride or a Cast member diddling kids. This isn't something that can just be swept under the rug.
I mean, Peltz couldn't ask for a better way to clean house
Clean it? It needs to be fumigated
Once the hostile takeover happens, expect more than iger to be sh*tcanned.
Hopefully when that happens, there be far reaching consquences for his underlings that trickle down to certain people who should of been fired long ago, yet still hang around, causing nothing but problems!
@@superomegaprimemk2 hopefully, Kennedy, pinchface hedlund, and filoni will be among them.
@@superomegaprimemk2 Exactly. It's the embedded woke mob downstream that also need to be shitcanned.
Possibly. Then again, remember that Wokeites, like bed bugs, are insidious. Once you wind up with them, they are almost IMPOSSIBLE to get rid of.
@@andrewcurlutu6422I heard fire works real well. 😏
A perfect example of “Be careful of what you wish for” after Iger returned.
Yes! I am embarrassed to say I really was thrilled that Chapeck was fired and Bob Iger was coming back. When I discussed it with my sons they said don't get your hopes up! Right away as time was going by I actually thought up be careful what you wish for!
The magic is gone after Isner left way back. I had high hopes.
And it is all going like clockwork. Disney is a key node of infrastructure. It is going to be preoccupied in 2024, which is a crucial year...
Please remember neither Midnights Edge nor it's comments section endorses watching Disney Slop. In addition to exposing yourself and your children to harmful messaging you are also rewarding Disney with your watch time and bragging rights on how many people consume their content illegally.
should I be freaking out about Disney channel and this?
wish yall had the same fervor for fighting religious nationalism.
@@vsznry Everyone has their own specialist angle. Culture is just as important as religion. "Politics is downstream from culture" and the shareholders know this that's why they're subverting entertainment.
I feel kind of sorry for those who'd continue to waste their time watching anything new from disney, legally or on the high seas. as for old things - get some physical media why don't you - maybe used from an online retailer. don't give the mouse a dime for your time!
@@vsznry "religious nationalism"? do you mean religious people who took an interest in politics and need to be brow beat back into submission? cause that's all that word means to me. another bully term meant to scare, silence, and drum up hate in a specific direction.
maybe you should back off the ESG kool-aid my friend.
This would make a great TV series, just a shame it's happening in reality.
agre
Truth is stranger than fiction dude
Few people would be able to follow it.
Did Iger think that Disney turning enough children woke that they would grow up to be the voters that could elect him president.
I seem to see an underlying political scheme not just for him.
Black Rock has publicly stated multiple times that turning Gen Alpha into activists is their goal.
They know the current generations reject wokeness. But if they can keep the propaganda up for 20 years, then Gen Alpha will know nothing else. So they will be conditioned to accept a global government, led by Black Rock and WEF.
He tried to become US ambassador to CHINA, and failed miscerably.
He'll be worse than Biden
They need to investigate all construction projects and make sure district taxpayers aren’t funding that as well
The reality of shareholders is that not a lot of them are active ones. There are so many passive shareholders due to how markets work, that it doesn’t need a lot to control a company. Hence why Balckrock and Vanguard get mentioned so often, as their percentages are not that high, but they actively use them. That’s also why Peltz, with roughly 2% of the votes, becomes an issue for Bob.
Iger keeps his job because only the Board can fire him. Replace the Board and Iger is no longer guaranteed a job.
I love that the timing of this is coinciding with the collapse of the Western comic book industry and that pros who were previously silenced are pushing back after all these years.
Who is pushing back that was previously silenced? All I hear currently is Mark Millar and he can’t be silenced due to having his own company and actual fans. The rest seems to remain as silent as before or even joining in on attacks (though Donny Cates deleted his dumb attacks … so at least one of them can still feel shame).
As a comics fan from the outside of US, it’s sad and scary to see the big industry slowly collapsing like this. I have hopes of working in the industry, but I can not deny what’s happening.
Based on the little I do understand, a huge chunk of that as well can be attributed to how Disney has handled the comics (and related) franchises it has purchased during the years. It has largely reflected on to other big names as well.
Share holders starting to lose confidence? Lolol I lost confidence with Disney after their second Star Wars movie
Investors normally only care about making money through shares. They normally don't care about short or long term as long as their shares go up and getting their dividends. They aren't consumers of products made by the company they invest in
I maintain the opinion that Peltz does not understand the root cause of Disney's problems and will achieve nothing even with a seat on the board.
Disney is not fixable, most of the decent creatives are gone or retired, Peltz would have to literally fire hundreds of people from critical positions and hire non-ideologues, but most importantly would have to fire almost the entire management structure and most of the heads of all studios. And do all of this while the blackrocks of the world actively try to sabotage them.
If true, still fun watching current Disney get pantsed in front of all their investors. I'm actually not rooting for their salvation anyway
It looks like there are at least a dozen board members, so the voice of sanity from one new member will not change much unless some of the rest are not soaked in wokery. The way out of this mess is toppling a majority of the woke leadership. Can't see that happening myself. That or the company being brought down - slightly less implausible.
Agreed. Wokism is the Cancer killing Disney.
Peltz just wants the money.
His M.O. is to get on a board to pressure the company to sell off pieces of itself. The stock gets a huge short term bump from the cash. He sells, and leaves the gutted company's carcass to rot.
He won't save Disney. He will sell Disney their grace stone before putting them out of their misery.
IMO, the audit was only the beginning. I’m betting the State of Florida, through its DA’s, is processing the audit and looking to see where they should begin filing for serve warrants
Here is a question I have, and I ask it with no schadenfreude at all: why?
No, not why is Disney failing. No, not that. There's a why (or perhaps several whys) behind the bigger why?
Here's my question: why didn't those that Disney presumed to champion not support Disney? Is it that these demographics cannot support Disney? Or is it that they do not care to support their champion? And, then, more whys follow.
I would love some rigorous, empirical answers to some of these questions.
You have started to answer your own questions. The liberal far left that support all and any woke messaging are definitely in the minority in society even if many people agree with some. Extreme liberals tend to be younger and therefore have less disposable income. The types that support such messaging are also more likely to support socialism which increases the chance they are lazy, excuse ridden, victim culture snowflakes that don't bring value to their job and are therefore more likely to be in lower paid jobs. When you take a male oriented show, character or movie and insert a woman, it doesn't change the fact that women in general were not interested in the first place and female insertion wont help. No matter what someones politics are, a shit movie is a shit movie whether you support the message or not. The answer in a nutshell is that outside of Hollywood, universities and California, there simply isn't enough numbers to support Disney's agenda and the ones that do, tend to have less money and interest in these properties.
I think from what I've consumed one of the answers is the motivations come from two places. One is jealousy of the success that certain segments that are looked down on by those that haven't liked or been involved in these hobbies. Comics, fantasy, and the like. The second reason is another group just wants to see anything popular burn. If that means simping for a cause they really have no interest in, so be it. A possible third theory is power attracts the corruptable. This can lead to all kinds of beheavor, from virtue signaling to becoming a sycophant all for the purpose of gaining power and money. What's being taught in colleges today hasn't helped either.
I can answer part of that. I'm bi. Technically part of the LGBT "community"(though it hasn't been an actual community in decades). See the thing is most people who are LGBT do not actually support or agree with all the crap you hear from LGBT activists. The activists have highjacked the community and claim to speak for everyone but they only speak for a minority of the group they claim to represent. See there is a lot of pressure to appear unified even if you don't agree or be ostracized and shunned. So except for oddballs like me(I have zero respect for anyone whose only personality trait is their gender or sexuality) it's only recently that people in those groups have become so fed up they are speaking out against it all. The result is even when these companies pander they are only pandering to a very small part of the groups they are trying to pander to. It also doesn't help that zoomers(the group they are trying the most to attract) are actually the most conservative generation in decades (all the BS activism has actually turned them off on those topics)
The woke activists they are pandering to don’t have children, they are the fastest shrinking demographic. The nonwhite groups they are pandering to don’t want blatantly antiwhite propaganda movies masquerading as “representation.”
@@MrHarrystank This is a superb comment. A perfect summation of the reasons for Disney's demise. I doff my cap to you Sir.🎩
The only thing I could give Iger credit for is returning Oswald the Lucky Rabbit back to where he belongs, but things need to change and Iger needs to go. Peltz and Perlmutter deserve to be on the Disney board so some REAL change can be made and the company can hopefully recover.
Who said that Disney could do nothing entertaining, I would say Disney is still the making the most entertaining content, it's just outside of films and TV!
Would be glorious that Iger end facing jail time
Boy no kidding. I would love to see this dude in prison.
When is Disney gonna learn, and others, that you do NOT bite the hand that feeds you!
Apparently Disney wants to expand the Disneyland park. I don’t know how they think they can afford it when they are bleeding money.
I doult they'll ever expand for at least a decade as they naviagate through this legal minefield that they have sown!!
No room to expand there
They're bluffing to imply they have more money than they really have.
Actually I heard from the staff a lot of the office jobs and behind the scenes buildings are vacant. Most of their corporate/office jobs are done from home or Florida. So they could build a land or 2 next to the freeway.
Build a prison
"You either die a hero or live long enough to see yourself become the villain."
I think in this case, Iger was always a villain.
But this is still Bob's " ride of a lifetime"
Well it has been a heck of a ride. Just not a pleasant one for Bob.
5:53 This is the reason Kathleen Kennedy is in panic mode to get the last of her Rey Star Wars film rushed and done. When this happens, she knows she's going to shown the door as well.
Nobody will watch that trash ! Burn another billion dollars 2 shower bobbie
Idk, Cast-Iron Kennedy knows where the bodies and kids are. Unsure who can touch her anymore
Andre great video, excellent summarizing of whats going on, and what may be expected next, with all the news of the past week. 🍿🥃
Well done Andrea, once again an excellent video full of solid information and fair assessment of the topic discussedd!.
At this point I'm really sick and tired of Disney's current board members inactions and BoB Iger's lies!
They all truelly need to go, let the purge begin!
Iger straight to jail!
Why?
@@shaithis77Because he has earned it.
Let him have his two showers in there.
@@shaithis77too many showers in one office. The climate police want a word with him. 😂
@@shaithis77ok Disney shill.
@@patrickrobinsob1464 Silly. Fuck Iger, but he's done nothing illegal. I just hate 2 digit IQ responses like yours and OP's.
This starts to get into what attorneys call "Open up your checkbook" territory. The longer Disney tries to fight, the more this will cost them, even on an NPV basis....
Well, there iS one thing lawyers are rumored to love even MORE than winning...racking up billable hours.
rest in peace Disney studio & Parks soon
Basically the attitude I see among my friends and family is that Disney can wipe its rear end with their woke agenda. That includes all imbedded lecturing about DEI and ESG. Disney may be too infiltrated and corrupted with this however and so maybe needs to go down the tubes.
Maybe the deal Walt made with the devil was only for 99 years.
Disney shareholders (and basic day-traders) are proof that just because you "invest", it doesn't make you a smart person. They sit around buying stock for a failing company, waiting for "time to heal all wounds"... when the reality is that "time makes fools of us all".
The magic kingdom burns... and it's so awesome to watch!
This dude deserves a million followers he has an amazing voice he’s smart and his writing makes me think about th issue in a aw I normally wouldn’t have
Lock him up next to Hillary.
I say dismantle Disney
My wife and I are glad we sold our stock when it was 170. GFY ! Little 2 shower Bobbie!
It is what it is. Disney thought it would be "hip" to jump on that woke bandwagon to go with the new generation and time, to be a modern company etc. The issue with this is, once you made that step for such a big company you can not turn around. It is just stupid for such companies to take part in political and/or ideology things. Just make MOVIES and SHOWS and whatever else you did good in the past. Is it so HARD to be neutral about politics and ideology stuff? You will even split your own employees at Disney when you take part into politics, AS IF 100% of those employees share the same ideology view.
It's not that they jumped on the bandwagon...it's more like they accepted to be an instrument of propaganda relying on Blackrock and Vanguard funds rather than people watching their movies. I think they are actively paid, like man6 other "woke" companies, by those mega-trusts.
They can't turn it around because they fired everyone with talent and everyone who loved what Disney used to be, because they were "in the way" of Bob Iger's vision. To turn things around, they would have to fire everyone and bring back the old talent, most of whom found other jobs already.
I juat found your channek and I absolutely LOVED this video! Couldn't agree more! 🙏💯
Welcome, glad you found us!
Yes you do condone piracy, you immediately try to sell a VPN and bypass geoblocking. This is sailing the high seas Dont lower your self to this.
I like your content but this diminishes you.
Despite liking the overall vid, I'm always surprised by Andre's, who claims to have come from finance, basic lack of understanding of Vanguard and that it is almost exclusively an index tracker asset manager. the ESG Vanguard holdings will be tiny compared to the normal S&P tracker funds.
What's "polarizing" about FTX? Is there a large contingent of people that in favor of embezzlement? I know the cryprtobros are nuts, but that seems beyond the pale.
Scambuggery...
The best thing that could be done with Disney, is to shut down everything and fire everyone. License out properties to people whom are actually going to respect them. You could maybe keep the parks, but focus on maintaining the popular rides.
Lol-ed at Tom Connors literally eating popcorn as Disney declines 😂
Thanks for turning me on to Legal Mindset. Great channel!
I'm scared Iger leaves right before this stuff blows up and leaves Peltz to have to take the fall for all of this. I want Iger to fight and go down with the ship and carry all this himself!
I think Disney is going to go back into hibernation like they did in the 1970s and re-emerge in 2 decades. Too many DEI employees to turn the ship.
Not this time. The infrastructure to support a resurgence of interest in animation was there. It has since been replaced with computers.
Can you imagine Bobby boy at Leavenworth, playing "hide the sausage" with some brutal skinheads?!
Florida State should send Disney a Cease and Desist order for all parts of the company operating in the Reedy Creek area until all the issues have been resolved or at least addressed. 😎
If it was any other company, you can bet the cops would have already installed locks on the doors
To Quote Han Solo: " Good Luck, Your going to need it. "
Iger going to jail would be the perfect cherry on top of the Disney Downfall sundae!!!
Hey! I just learned Peltz is a major Wendy's shareholder! That Baconater just tasted so much better.
Are we supposed to feel for the shareholders at this point?
Another insightful, study featuring in-depth analysis of the situation with Disney. Well done. I'm constantly amazed at Andre and team's maintainence of such high-quality journalism - content.
I am wondering if the Board and previous Boards and Snr Executives at Disney are all potentially culpable or complicit with the defrauding of Florida - ie: this possible rico case. It certainly sounds like there's a case to be answered here. I'll definitely check out the Legal Mindset's channel also. Wonderful job on this production, by all :)
There is no way Iger is going to jail. He has money. Lots of it. And he can hire the best attorneys in the country. And he has power and influence as well.
That won’t matter if the new president has several times the amount of money he has. Trump has billions. Iger only has millions. There’s no amount of money Iger could offer Trump that would get him to pass up the opportunity to be cheered on by his supporters by jailing Iger. And then there’s Desantis who will take campaign donations from Disney, but will still go after them anyway. There’s no way Desantis will pass up the opportunity to jail Iger so he can declare victory to his base on their war on woke. Peltz himself is a big Desantis donor and has billions. He’s also a Trump donor and is apparently close to the Trump family. Iger crossed the wrong guy. Peltz has a lot more money, power, and connections than Iger and so does Trump.
Every time Andre says "before you go" I end up listening to Wham. Wake me up before you go-go =P
Bob "Rico" Iger. You can't mess with God's children.
Nothing sets the tone for my day more badly than a John Campea clip. Especially after every time I had forgotten of his existence.
THIS BETTER BECOME A MOVIE.... PRODUCED BY THE FANS
I’ve imagine the same thing Walt would be rolling in his grave
I went to Disney World for 42 years, to spend our Christmas Holidays and Birthdays with my family. On my last trip I was so disappointed I stop going four years ago. I was sad to see what was happening to Disney, the quality of the shows and everything else was not worth the trip anymore. I miss going very much.
Let the truth prevail!
the problem is the DEI biggies own the majority of the shares. they are also shareholders since in the USA companies are essentially people.
The pendulum is turning at last
Simple, Disney abandoned their customer base (that has $$$) in favor of woke weirdos (that has no $$$). Disney is doomed.
I think they have abandoned their customer base in favor of Blackrock's and Vanguard's funds...
For a fan-based analogy: Disney is like Mordor, even though the Ring was destroyed (IF Bob gets ousted), Mordor, like Disney 'could' be rejuvenated, but not until many life times have passed.
Iger messing with Deadpool is going to be his downfall.
I love this channel!
I've been using those words for years now: "Disney has abandoned their feduciary responsibilities to their shareholders. There was bound to be a reckoning.
I'm a simple man. You say "get woke, go broke" correctly and I give you a like.
No more incarceration. Think "flagellation" and "compensation of the victim" -- in this case taxpayers or their grandparents.
For anyone here who still pays for Disney+ watch out cuz they created a BS premium teir they put their customers on without asking. I just cancelled mine....tired of these streaming companies taking the piss...it's the high seas for me!!
Ironic that South Carolina would psuh against Disney given their former governor, Nikki Haley, pushed for South Carolina to work with Disney in the wake of the Reedy Creek dissolving.
Really? That's yet ANOTHER reason neocon Haley should NEVER be President.
2:05 My sister canceled D+ this week. But not for boycot reasons or whatever.
No, with her it was the latest price hike that had her saying it was enough. She lives in the US. And i heard today that here in the Netherlands they are going to increase the price by 20 euros over the coming year.
I Wouldn't be surprised if they are loosing half the subs just for the price increases they keep doing because of, um, subs they lost.
Bob iger has completely adopted the story of anakin skywalker. He was supposed to save Disney from the terrible decisions of chapek, but instead he became far worse than the problem he was anticipated to fix.
My Guy, all of Disney's problems began with Iger in the first place.
@@SuperWolsey oh i agree. He was their golden goose when he was in there first and nobody saw what he was starting until chapek was put in to take the flak for it all. But he was brought back because of all the mess they heaped on chapek.
Till people understand... its not Disney anymore...its Iger WORLD!!!! 🌎 Wait!!! Iger been running Disney Mafia style 😂
Campea is so in love with Iger that he peed his pants? LOL
Anyone still remember when there was chatter of Iger possibly positioning himself to run for President of the United States of America? Pepperidge Farm remembers.
Fantastic. Court discovery should be fun. I'm especially curious to see how many comms exist between Disney and Blackrock over these DEI issues.
Big papa Bob will have a great fall 😹
It is REALLY hard to respect someone who says do not pirate movies because you will get viruses and malware and then follow up with a "solution" to those things via a VPN commercial. Which has NOTHING to do with viruses and malware. VPN's ONLY protect your IP number. What's it going to take to get that through to people?
It's a time for change of leadership
The best part of the video is watching Tom stuff his gob with pork rinds. He was really into it! 😅
Thus the secret shareholders war begun. While I have no faith in disney no matter who wins, this war will be interesting to watch lol.
Bob Iger should have been fired long long ago. The man will only ever be remembered as the man who destroyed the Disney corporation.
Not much of a legacy is it.
Damn. I stop following the Disney story for like 2 weeks and then all this happens. This story is crazy!
Excellent news, if true. Nothing I’d like to see than Disney going back to what I remember it to be from my childhood and the ideologues to be shown the door. But I don’t think it will, short of Chapter 11.
They fkin’ BRIBED people as well!? Oh dear god I hope it’s prison. PLEASE tell me Iger HIMSELF goes to prison.
Well, we can certainly HOPE so. From your lips to God's ears.
Disneys probably going to be getting more trouble soon. Maybe from David Productions.
With the new anime UnDead UnLuck being solely streamed by Hulu which is owned by disney some trouble may arise from the production studio.
Disney Plus was supposed to have the show on it ten weeks ago. To this day it is still not there. It is however on hulu.
Unfortunately bc of the trouble with disney people are cancelling their disney plus and hulu subscriptions resulting in a viewership and possible revenue drop for both Undead Unluck and David Productions.
So this is gonna be fun.
AND HERE COMES DP WITH THE STEEL CHAIR!
15:17-15:22 yeah George Lucas and Michael Eisner joining Nelson Peltz's side to fight against Bob Iger and his Axis of Evil
Xylophone!! #Algorith
Nice 👍🏾
wow. Did not know about the investigation.
South Carolina represent!
Iger brought ALL of this catastrophic nose dive by his own effort and his own unprofessional behavior. DEI and ESG Iger embraced and championed was BAD and remains bad and the shareholders and stockholders allowed this cancer to continue unabated until we Normies decided that the queering of everything all the time was unacceptable: as they were warned about.
Bring it on.