Can Bob Iger fix Disney? | CNN Business

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Bob Iger is returning to Disney as CEO, retaking the reins of a company that’s very different from the one he led when he stepped down as chief executive in February 2020.

With $1.5 billion in streaming losses last quarter alone, park fans unhappy, sinking cable networks like

+, Hulu and most importantly, Disney+ — had been the most vital part of the company’s vast media kingdom. It served as a life raft for Disney in the early days of the pandemic — one of the most tumultuous periods in the company’s history — and grew to 100 million subscribers in just 16 months. Now, that business has become an anchor that’s weighing it down. The company reported earlier this month that Disney+ exceeded Wall Street’s expectations for subscriber growth.

lose viewership. That has hurt Disney’s entire business. This was a major point of contention for Dan Loeb, the activist investor and Third Point CEO who made headlines in August when he suggested “a strong case can be made that the

 

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Disney has destroyed it’s reputation as a family friendly company. No 1 (except the people who would take their kids to a drag show) wants their kids to take part in the woke agenda. A new CEO won’t be able to regain parents trust unless they depoliticize & make massive changes

Ushering out the woke?

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Bob Iger named Disney CEO again, replacing Bob Chapek, in a shock to Hollywood | CNN BusinessBob Iger, one of the most successful CEOs in the history of The Walt Disney Company, is returning to once again run the media empire. It's a shocking development at Hollywood's biggest company. Go woke go broke 🤣😂 hopefully he can get them back on track and entertaining children not being in the political arena IRGCterrorists opened fire on unarmed people in the city of Javanrud and killed a number of women and children. Why has the world closed its eyes on the crime of the Mullah regime? iran MahsaAmini cnn FoxNews WashTimes UNHumanRights WhiteHouse UN Europarl_EN Still doesn't change my mind about going to Disney. He better make some major changes. Under his leadership it was still a dumpster fire. The average family can't afford the miserable experience they provide.
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