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Chronicles

The story behind the story

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The Walt Disney Company's board announces Bob Chapek will step down as CEO and be replaced by Bob Iger for two years effective immediately; stock jumps 5%+

The Hollywood Reporter Alex Weprin

Discussion

  • Vox Peter Kafka on x
    Bob Iger's Disney challenge: Solve the problem he helped create
  • @reedhastings Reed Hastings on x
    Ugh. I had been hoping Iger would run for President. He is amazing.
  • @jacobrubashkin Jacob Rubashkin on x
    Bob Iger just sent a company wide email telling all employees to print out their ten best pages of scripts and bring them to the 15th floor of Disney HQ by 1am for review
  • @bchesky Brian Chesky on x
    Bob Iger is one of the best CEOs in the world, and I hope he brings more creative experimentation back to Disney. Walt's last words in his 1966 shareholder letter explained why Disney didn't do sequels. I hope Bob balances existing franchises with more new ideas and stories https…
  • @matthewstoller Matt Stoller on x
    Bob Iger is your standard empty suit who did a bunch of acquisitions, kissed up to Chinese leaders by censoring his movies, and was nice to celebrities. The business press full court praise for Iger on display right now is embarrassing. https://twitter.com/...
  • @perezhilton Perez Hilton on x
    Is this Disney admitting this last year has been a disaster?! https://deadline.com/...
  • @joannastern Joanna Stern on x
    Chapek is out. Iger is in again. Call it Disney-+! https://www.wsj.com/... https://twitter.com/...
  • @modestproposal1 @modestproposal1 on x
    This by @benthompson “To put all of this a different way, if Iger is coming back because he disagrees with Chapek's tactics, well, that strikes me as a bad idea: Chapek played the hand that was dealt him by Bob Iger.” https://twitter.com/...
  • @dkthomp Derek Thompson on x
    TLDR Bob Chapek did a bad job; but he did a bad job with a hand that Iger kinda dealt him. Iger is a genius; but he faces a huge challenge, with Disney transitioning between a declining profitable business and a growing unprofitable business.
  • @dkthomp Derek Thompson on x
    Iger-Chapek Reaction Thread 1. Holy shit.