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A Christmas Miracle: Bob Chapek OUT, Bob Iger Back!!!

Disney Cast Members and employees worldwide were greeted with shocking news Sunday night: A letter from Bob Iger announcing his return to the company as CEO.
The news has been met with immediate joy, including from celebrities that have worked closely with Disney and both Iger and Chapek:
A Christmas Miracle: Bob Chapek OUT, Bob Iger Back!!!
Iger has long been an investor favourite. During his tenure, he transformed Disney through a series of acquisitions — including Marvel, Pixar, Lucasfilm and 20th Century Fox — that left it holding a collection of the most valuable franchises in the entertainment business.
Under Chapek, Disney’s streaming services — which include Disney Plus, Hulu and ESPN Plus — have experienced blistering growth, reaching a combined 235.7mn subscribers; more than the 227mn that industry pioneer Netflix expects to have by the end of this year. He also oversaw the revival of Disney’s theme parks business, which he once ran, as Covid-19 restrictions eased.
Bob Iger will resume his role as Disney CEO effective immediately, now with the task of righting the wrongs left behind by Chapek: a demoralized workforce, five-year stock lows, and a company that has been pushed to its limits in the name of profit. There’s only so much a creative company like Disney, which has been built on decades of quality and goodwill with its customers can take by Chapek-style leadership that prioritizes profit over everything else.
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