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Iger Stepping Down, Chapek Replaces

tielo

Veteran Member
Nov 9, 2013
2,314
The Netherlands
I see what you’re saying Nick, but I think the pandemic and the quick success of Disney+ kicked these plans into high gear. Their projections for subscriber growth were much lower originally and with how content distribution was upended, they needed something different to meet the times. It’s also an indication of how critical they believe Disney+ is to their future.
In the latest quarter meeting Disney+ under preformed so growth is slowing down. Above that the thing has cost a huge investment and if Netflix is the model the investments will outweigh profit forever.

People at Disney actually liked Iger, in part because he came from Entertainment, where Chapek is strictly a business guy. And he's not that good at it tbh. He has torn down the culture of Iger's Disney, where creatives were allowed to do their thing as long as they continued to churn out a solid project. Under Chapek, the creatives do their thing and then now have absolutely no say in how or where it is released, which is pissing everyone off.

He has also put in place, as the head of Disney Digital Media Distribution one of his buddies from Consumer Products. That's right, a paper pusher is the overlord of every single creative at Disney. He's there ahead of the bosses of Pixar/WDAS, Kathleen Kennedy, Kevin Feige, Alan Horn, everyone on the Fox side, etc. Again, this guy is not qualified to fill this position in any way, he only has the job because he's buddies with new Bob. And everyone hates him for it. Again, say what you will about Iger, but he always put people actually in the entertainment industry in the leadership positions.
I don't get the love for Iger. He killed Disney animation, dumbed down Pixar and milked Marvel for what it's worth (I don't get it why people aren't burned out on anything marvel but I'm sure it will happen soon) and killed the Star Wars movie franchise (just look at shelf space at Wall Mart for proof).
Theme park wise the needle was dead on huge expansions like Avatar and Star Wars who never ever where the "Potter killer" they wanted. His "Magic band" actually killed the theme park experience for me.
I'm sure Bob will do things different but he is my favorite Minion so I'm sure he will crash the Disney company further down in his own uncharismatic fashion.
I hope some day there will be a creative person leading the company and is best friends with the financial person to keep things in check and bring back the balance.
 
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Nick

Staff member
Moderator
Sep 22, 2011
24,830
Orlando
In the latest quarter meeting Disney+ under preformed so growth is slowing down. Above that the thing has cost a huge investment and if Netflix is the model the investments will outweigh profit forever.


I don't get the love of Iger. He killed Disney animation, dumbed down Pixar and milked Marvel for what it's worth (I don't get it why people aren't burned out on anything marvel but I'm sure it will happen soon) and killed the Star Wars movie franchise (just look at shelf space at Wall Mart for proof).
Theme park wise the needle was dead on huge expansions like Avatar and Star Wars who never ever where the "Potter killer" they wanted.
I'm sure Bob will do things different but he is my favorite Minion so I'm sure he will crash the Disney company further down in his own uncharismatic fashion.
I hope some day there will be a creative person leading the company and is best friends with the financial person to keep things in check and bring back the balance.
I didn't say Disney fans liked Iger, I said the creatives had a good relationship working with him. He knew how to balance keeping the creatives AND Wall Street happy, which is something Chapek has yet to figure out how to do.
 

Cup_Of_Coffee

Veteran Member
Aug 7, 2018
5,072
I know someone who has worked and met with both Iger and Chapek, and the basics of each were said to be this:

Iger: Seemed genuinely interested in projects, listened, smiled at everyone, seemed extremely polite.

Chapek: Not rude, but very much a “let’s get down to business” type guy. Some seem to actually appreciate that as expectations seems to be clearer and what he asks for/imputs on is very straight forward and less ambiguous. Where Iger, while kind, would maybe make you wonder if he actually likes what you’re working on or not, where Chapek will tell you.

Fans views are valid in terms of what Chapek has clearly done the park experience, and this is a small tidbit but there’s so much else to factor in if these people are good to work for or not.
 
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Nick

Staff member
Moderator
Sep 22, 2011
24,830
Orlando
Didn't Iger groom Chapek as his replacement though?
Chapek didn't have much grooming as far as I remember. Iger may have been grooming him a bit by putting him as the head of Parks and Resorts, but I don't think the two ever worked side by side much ahead of the step down. It was very sudden. Tom Staggs was the one that was groomed and even named COO for over a year before he resigned.
 
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Nick

Staff member
Moderator
Sep 22, 2011
24,830
Orlando
Chapek was groomed only in the sense that he was kind of the only person left to take the job after several other candidates left (or were kicked out of) the company over the last 8 - 9 years.
I would take Tom Staggs any day as CEO over Chapek. It's not like he was great, but I do feel like he was a bit more like a mini-Iger. Now is that great for us? No, but I feel like the company would be in better hands, for sure.
 

Mad Dog

Premium Member
Jan 30, 2013
20,256
Pittsburgh area
Chapek was groomed only in the sense that he was kind of the only person left to take the job after several other candidates left (or were kicked out of) the company over the last 8 - 9 years.
Yes, and the only man left standing when Iger probably received some insider government info on the dire seriousness of covid, leading him to jump ship a bit earlier than he was planning to.
 

Nick

Staff member
Moderator
Sep 22, 2011
24,830
Orlando
Yes, and the only man left standing when Iger probably received some insider government info on the dire seriousness of covid, leading him to jump ship a bit earlier than he was planning to.
A lot of people did think Kevin Meyer (the former Disney+ head) would take over, to be fair. Of course, Meyer went on to be the CEO of Tik-Tok and resigned/was forced out mere months later. He now is an executive at DAZN Sports.
 
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belloq87

Veteran Member
Dec 7, 2009
5,271
Universal Exports
I would take Tom Staggs any day as CEO over Chapek. It's not like he was great, but I do feel like he was a bit more like a mini-Iger. Now is that great for us? No, but I feel like the company would be in better hands, for sure.
I agree.

In hindsight, I feel like Staggs was kind of unfairly left holding the bag for some questionable decisions and strategies that weren't entirely of his own making. And he always seemed genuinely, truly enthused about the theme parks whenever I heard him talk about them.
 
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ChristopherSE

V.I.P.
Jul 12, 2009
2,052
NJ -> Orlando
You could at least tell Iger cared about the product he was selling. I don't think that's something Chapek will ever do. :lol: I miss our creative/business leader duos. The Eisner era was.. chaotic, but the Eisner/Wells (which is to say: the Walt/Roy) dynamic has always seemed to work best for Disney.
 

shiekra38

Legendary Member
Dec 13, 2009
13,857
Florida
I've worked with people like Iger, the ideas flow and there's a team mentality and more of a how can we do this creatively. Being wrong is simply part of the process

I've also worked with people like Chapek, ideas flow but there's a strained competitiveness to concepts in order to impress the lead personality. Being wrong is costly to your overall position so the mundane is kept and things are pitched that will be guaranteed winners...in other words the needle never moves.

Iger seems like a mover and a shaker in the best possible way and Chapek seems like the same but in a more toxic way

We'll see what happens. These are just vibes I get


Edit: I also want to add Chapek's obsession with Disney+ will backfire for them in the long term
 
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