Ousted Disney CEO Bob Chapek shares insights on recent developments at the company

Mar 21, 2024 in "The Walt Disney Company"

Posted: Thursday March 21, 2024 10:00am ET by WDWMAGIC Staff

Former Walt Disney Co. CEO Bob Chapek has taken part in a new CNBC documentary, "ESPN's Fight for Dominance."

In the 20-minute interview, Chapek discusses ESPN's digital strategy and gives his opinions on Iger's suggestion that he may consider selling a minority stake in ESPN to strengthen the sports network's content.

In this first major interview since leaving Disney in 2022, Chapek was keen to discuss ESPN but declined to comment on anything other than ESPN's future for the CNBC documentary.

You can watch a portion of the interview below.

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Sirwalterraleigh23 days ago

Say it 1000 times…it’s not gonna be true Doubling prices in 10 years is not “inflation” And not only that…that government sanctioned (frankly) excuse from the plague is starting to collapse…as products are increasingly rejected Get your popcorn and watch it play

Sirwalterraleigh23 days ago

That would involve reading books…or Wikipedia at a minimum… It’s a lot to ask 🤪

JD8023 days ago

Price increase recently have been basically on par with inflation.

Ayla23 days ago

And prices continue to rise at a ridiculous rate...

Dranth23 days ago

What amazes me it that this has been repeated throughout history over and over and over and yet we never seem to learn that eventually people break when things get this far out of whack.

Sirwalterraleigh23 days ago

I don’t…it’s 100% about growing economic strife…for decades Even when it’s not “about that”…it ultimately gets back to it. Anger 101

Dranth23 days ago

It is gross how much CEO pay has shot up since 1980 when it really took off. Think I remember reading an article that pegged it at something like 1800% increase over that time. Can't recall if that was adjusted for inflation or not but either way it is a pretty massive increase. Obviously, it depends on the position but if you compare CEOs to their lowest paid, full-time hourly positions instead of the average it gets a lot uglier. If Iger got 41.1 million in 2024 then he is making roughly 1,170 times his base level employees. Generously, let's say a CEO puts in 80-hour work weeks, that means for 2024 he was making around $160 a minute. That is close to what an hourly employee will make in a full day if not more. Just for fun (the depressing kind), if Elon's 4.49 billion a year package from Tesla holds up, he will be getting around 128,200 times the lowest paid full-time positions. There aren't enough hours in the week for him to put in 80 at Tesla given all his other positions he has but let’s say he did. That would mean he was making $18,000 a minute or $300.00 a second. In that case, he is making around twice as much per second as his lowest level employees do in a day. And folks wonder why everyone is angry all the time.

Sirwalterraleigh23 days ago

…shovels at the ready The line starts right behind Willow 😱 Remember: only HE can save us all 🤫

JoeCamel23 days ago

One stat I saw was he makes 746 times what the average TWDC employee makes edit: but even if he worked for nothing it wouldn't move the needle on company earnings

GhostHost100023 days ago

Bob’s salary increased 30% meanwhile we have a cost cutting thread

JoeCamel24 days ago

I really think Bob needs a well paid geriatric pool boy...... https://blogmickey.com/2025/01/bob-igers-pay-2024/

DCBaker24 days ago

Details for the 2025 Annual Meeting of Shareholders:

MisterPenguinJan 02, 2025

https://www.hollywoodreporter.com/business/business-news/hollywood-stocks-review-2024-netflix-walt-disney-warner-bros-discovery-1236087500/ https://variety.com/2024/biz/news/media-stocks-2024-netflix-disney-warner-bros-discovery-1236262140/ https://www.hollywoodreporter.com/business/business-news/2025-entertainment-stock-picks-disney-netflix-spotify-take-two-1236087572/

BrianLoDec 04, 2024

Not at all. Comcast wanted Fox and Disney wanted Sky. They both lost something, but Roberts only got the stinker and Dis was bid up unnecessarily. The only one who truly came out on top was Murdoch. Unless I’m misunderstanding you and you think Comcast didn’t want Fox?