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Tag Archives: Bob Chapek

Are Fans Okay with Disney Park Price Increases?

Disney Parks Price Increase

Earlier this week, Disney CEO Bob Chapek shared the news that Theme Parks recorded more profits with lower attendance, crediting fans’ adoption of extra-cost systems like Genie+ and Lightning Lane options for assisting in the jump in numbers. Related: Disney Sees Positive Growth Despite ‘Boycott’ Push The Press Release explains, Operating income growth at our domestic parks and experiences was ...

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Bob Iger Calls Chapek’s Promotion One of His ‘Worst Business Decisions’

bob chapek bob iger

Ever since Walt Disney Company CEO Bob Iger left Disney in February 2020 and his co-worker Bob Chapek became Disney’s new CEO, Disney fans have become more and more disgruntled — so much so that a petition against Chapek’s leadership is still going strong with over 115,000 thousand digital signatures. Bob Iger recently spoke to Business Insider about what actually happened ...

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OpEd: I Don’t Think We are Actually Mad at Bob Chapek

Bob Chapek

Just in the past few months, the name “Bob Chapek” has almost become a trigger word among Disney Fanatics. No matter what camp you find yourself in, whether it is the group chanting “Go Woke Go Broke,” the masses demanding a return of Annual Passholders, or the fans frustrated with the quality found in new movies and Park experiences. I ...

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Unanimous Vote Keeps Bob Chapek as Disney CEO for Three More Years

chapek disney plus

The Walt Disney Company’s Board of Directors has unanimously voted to extend Bob Chapek’s contract as CEO for another three years. “Disney was dealt a tough hand by the pandemic, yet with Bob at the helm, our businesses—from parks to streaming—not only weathered the storm but emerged in a position of strength,” said Susan Arnold, Chairman of the Board, according ...

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Disney Stock Closing Near 50% Annual Loss

Disney Stock Price

The Walt Disney Company’s stock price closed on Tuesday, June 21, at $93.29/share, almost 50% less than what its shares were worth a year ago. Awarded the title of the worst-performing stock in the Dow Jones Index, Disney has faced a perfect storm of incidents that have sent its stock price sliding for most of 2022, with many putting the ...

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Disney Stock Drops Below $100/Share for the First Time in Years

Disney Stock Price

As its fiscal third quarter nears its end, the Walt Disney Company continues its tumultuous stock price slide. On Friday, June 10, Disney’s price dropped below $100/share, closing in the double digits for the first time in over two years. Disney has unfortunately faced a steady slide for the entirety of its fiscal and actual 2022. Year to Date, the ...

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‘Blindsided’: Disney Fires TV Content Head Peter Rice

Peter Rice Disney

In a sudden turn of events, The Walt Disney Company has removed Peter Rice as its Head of TV Content, replacing him with Dana Walden. According to Variety, multiple sources close to the situation reported that it was an “entirely business and strategy-related” decision made by Disney CEO Bob Chapek on Tuesday, June 7, and has nothing to do with Rice’s personal ...

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OpEd: Chapek’s Upfront Address Shows Blind Confidence, Denial

Disney Upfront

Bob Chapek continues to take further measures that allow him to exude confidence in The Walt Disney Company’s stature. In contrast, the stock price continues to decline, and the realities of fans’ disappointment are only just beginning to emerge. According to Variety, the Disney CEO addressed the crowd at Upfront 2022, boasting that the company remains unrivaled, standing alone among ...

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CEO Chapek Says Disney Has ‘Bullish’ Stance on Increasing Disney+ Prices

chapek disney plus

Walt Disney Company CEO Bob Chapek answered a question from Goldman Sach’s Brett Feldman about Disney+ costs during the Walt Disney Company’s call about its second-quarter financial results, and implied that Disney+ pricing will most likely expand in the future. “How do you think about the right cadence for revisiting pricing on Disney+ really when you can take [the] price ...

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