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Bob Iger Returns/Disney CEO Thread (2022)

  • Thread starter Thread starter salismetho
  • Start date Start date Nov 20, 2022
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Nico

Nico

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  • Apr 4, 2024
  • #621
Listen, I’m no Disney apologist, but on both coasts they have had to deal with government intervention. They were in legal disputes with Florida, and looking for approval in California. The “maybe this is coming” is annoying and I think backfired with the fans. But that approach always felt like a pressure campaign. Florida’s cases are now dropped, and things are being confirmed. California’s last vote is this month. Then things will be confirmed.
 
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saint.piss

saint.piss

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Hopefully we get an opening date for TBA.
 
Viator

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Big thing: Mumurs are going out that tomorrow will be the day we know who Igers successor might be (CNBC is saying it's Josh).
 
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TheUniC6

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  • May 6, 2024
  • #624
AlexanderMBush said:
Big thing: Mumurs are going out that tomorrow will be the day we know who Igers successor might be (CNBC is saying it's Josh).
Click to expand...
I can see the logic behind why they think Josh is going to be Iger's successor: notice how he has been talking up the parks recently along with the rumors for stuff that might be announced at D23 2024. Josh is making these moves in part because he wants to get that CEO position.
 
Rhian

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I was hoping it was another Bob to keep it going.
 
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GA-MBIT

GA-MBIT

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  • May 6, 2024
  • #626
Rhian said:
I was hoping it was another Bob to keep it going.
Click to expand...
A new Bob to replace the old Bob who replaced the new Bob who replaced the old Bob? Yeah, that'd be funny.
 
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Mad Dog

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GA-MBIT said:
A new Bob to replace the old Bob who replaced the new Bob who replaced the old Bob? Yeah, that'd be funny.
Click to expand...
Who's on first.....comedy routine
 
Nick

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  • May 7, 2024
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I generally like Josh and how he has overseen the parks and he also is young enough that if he proves to be a good CEO (which is a question we would have to wait quite awhile to find out the answer to), he will have many years ahead of him without Disney having to worry about a CEO transition again hopefully.
 
Cup_Of_Coffee

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Josh would be great for the parks if he takes over. I wonder if the company is realizing, as they forget then remember every so often, the parks are really the backbone of this company. Curious how today goes!
 
saint.piss

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Mad Dog

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saint.piss said:
Click to expand...

International parks carried this report, finally awakening from their covid issues and partial closures. WDW was up a tad, but the quarter included an early Easter, as opposed to a later Easter in 2023, so the next quarterly report (combined with this one) will be more indicative of what's happening. Disneyland was weaker than expected, but that might have something to do with all those rain days that scare people in California from going to the parks. All in all, though, it was a decent quarterly report for parks, though it's always good to keep in mind that much of the US parks revenue number increase has a lot to do with increased prices for most everything, and these fiscal reports don't use inflation deflectors.....Iger's guidance remarks indicate softer demand for US parks and travel in the near future. That's caused some investor caution (per CNBC interviews this morning). But we've been talking about that on these forums for a while, so that comes at no surprise.
 
Last edited: May 7, 2024
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UniversalRBLX

UniversalRBLX

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  • May 7, 2024
  • #632
Mad Dog said:
International parks carried this report, finally awakening from their covid issues and partial closures. WDW was up a tad, but the quarter included an early Easter, as opposed to a later Easter in 2023, so the next quarterly report (combined with this one) will be more indicative of what's happening. Disneyland was weaker than expected, but that might have something to do with all those rain days that scare people in California from going to the parks. All in all, though, it was a decent quarterly report for parks, though it's always good to keep in mind that much of the US parks revenue number increase has a lot to do with increased prices for most everything, and these fiscal reports don't use inflation deflectors.....Iger's guidance remarks indicate softer demand for US parks and travel in the near future. That's caused some investor caution (per CNBC interviews this morning). But we've been talking about that on these forums for a while, so that comes at no surprise.
Click to expand...
Q2 seems to be the most favorable timeframe in the year for the domestic parks (2 Epcot Festivals, Run Disney, Better Weather, Sports/Dance Competitions filling rooms).

So far the parks have been busy post-Easter, so it'll be interesting to see what happens as it gets hotter.
 
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Cup_Of_Coffee

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  • May 7, 2024
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I’d think Tiana gives them a great boost this summer, but I’m curious how parks like DHS and AK, with nothing new nor any festivals, will handle this summer. Toy Story Land in middle of summer must feel awful.
 
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Mad Dog

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UniversalRBLX said:
Q2 seems to be the most favorable timeframe in the year for the domestic parks (2 Epcot Festivals, Run Disney, Better Weather, Sports/Dance Competitions filling rooms).

So far the parks have been busy post-Easter, so it'll be interesting to see what happens as it gets hotter.
Click to expand...
They were decent until last week, which was very weak at all four parks. Yesterday picked up a bit, though. Lots of ticket and hotel deals going on. That's always an indicator. Tiana should boost the final fiscal year quarter (July/August/Sept.) though it will probably open too late for this quarter's results. AK seems to be the weak sister now.
 
Cup_Of_Coffee

Cup_Of_Coffee

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Mad Dog said:
They were decent until last week, which was very weak at all four parks. Yesterday picked up a bit, though. Lots of ticket and hotel deals going on. That's always an indicator. Tiana should boost the final fiscal year quarter (July/August/Sept.) though it will probably open too late for this quarter's results. AK seems to be the weak sister now.
Click to expand...
Which is why AK is seemingly the next big project at the resort.
 
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Jamesh22

Jamesh22

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  • May 7, 2024
  • #636
Mad Dog said:
International parks carried this report, finally awakening from their covid issues and partial closures. WDW was up a tad, but the quarter included an early Easter, as opposed to a later Easter in 2023, so the next quarterly report (combined with this one) will be more indicative of what's happening. Disneyland was weaker than expected, but that might have something to do with all those rain days that scare people in California from going to the parks. All in all, though, it was a decent quarterly report for parks, though it's always good to keep in mind that much of the US parks revenue number increase has a lot to do with increased prices for most everything, and these fiscal reports don't use inflation deflectors.....Iger's guidance remarks indicate softer demand for US parks and travel in the near future. That's caused some investor caution (per CNBC interviews this morning). But we've been talking about that on these forums for a while, so that comes at no surprise.
Click to expand...
Always on it with the financial stats @Mad Dog ! :cheers:
 
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Jerroddragon

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  • May 7, 2024
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Dam

Not a fan of Disney needing more guests....it feels crowded enough. Like right now its really good to go, lands are packed and for sure rides get insaneeee lines sometimes later because of Genie Plus/rides breaking so.....not going to look forward to Disneyland adding more people....also the Magic Key Calendar fills up pretty quick now that they are letting more people sign up...so yeah

Next year I hope doesn't get too many more guests even if it upsets Disney
 
F

fryoj

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It's either more guests or higher prices. That's pretty much supply and demand.
 
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Jerroddragon

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fryoj said:
It's either more guests or higher prices. That's pretty much supply and demand.
Click to expand...
As they discount tickets, I think its more guests....I would be down for higher prices and less people but.....they don't have the demand for that

The only reason the parks got so crowded was fairly priced APs.....but also the whole market since Covid has changed. I mean its kinda a joke they are upset as they rank in all this money from bands, extra events, dinner add on for parade spots and Genie Plus and still can't make enough. This is with out bother theaters running shows most the time now and no Fantamsic....so I don't know I just don't know how these parks can really make money now
 
Mad Dog

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Jerroddragon said:
As they discount tickets, I think its more guests....I would be down for higher prices and less people but.....they don't have the demand for that

The only reason the parks got so crowded was fairly priced APs.....but also the whole market since Covid has changed. I mean its kinda a joke they are upset as they rank in all this money from bands, extra events, dinner add on for parade spots and Genie Plus and still can't make enough. This is with out bother theaters running shows most the time now and no Fantamsic....so I don't know I just don't know how these parks can really make money now
Click to expand...
yes, some real heavy promotions pushed attendance. Stuff like $50 for kids admission drove the turnstiles.
 
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