$Disney (DIS.US)$ Chapek is a manager who knows how to extra...
$Disney(DIS.US$ Chapek is a manager who knows how to extract profit, not someone with vision. I saw his interview on CNBC after their most recent earnings. He just spewed out gobidlygook about the Omniverse. Silly thing that won’t be going anywhere.
Speaking of managing/vision, it will be interesting if he can come up with a creative option to deal with plummeting ESPN subs while maintaining the expensive sports contracts. Will it be a pivot to ESPN+? Will it be a forced bundle of Disney+/ESPN+ like we have with our TV packages (and the cause of their demise)
Also interested in how he’ll deal with Comcast and Hulu.
We already know he’s raising prices on everything at the parks while cutting niceties. No more Magic Express, free Flash Passes, trams from the parking lots etc.
Of course the parks are still very crowded. They need to build two more US parks, but while they’re spending all their money on streaming content, they’re happy to jack up their park prices.
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styleomileo : Good analysis and agree. Will still be falling until some big ideas emerge.
hairless : Disney is so screwed..
Old Capital hairless: excellent analysis
70621324 : Disney is all about the brand experience and Chapek is doing everything humanly possible to destroy the brand.
FBI888 :
GratefulPanda : Yeah, I think he's the wrong successor to Iger. Read an interview where Iger was saying something along the lines of creativity should still take precedence over data analysis to make creative decisions at Disney, which was supposedly an advice to Chapek. I used to love the Disney brand under Iger, but now hearing about Disney going into gambling and edgy adult content is just urghh. They had a moat, he's weakening it.