Mandatory Credit: Photo by Invision/AP/REX/Shutterstock (9241938da)
The Walt Disney Company CEO Robert Iger attends a special screening of Disney’s “Beauty and the Beast” at Alice Tully Hall, in New York
NY Special Screening of “Beauty and the Beast”, New York, USA – 13 Mar 2017
This is total idle speculation, but I still find it very “spooky” that Bob Iger quit Disney….right before the COVID19 pandemic struck the West. You could not have timed it better.
It almost makes you think that he knew how bad things were going get. As if, maybe…FIVE EYES in SPOOKY places might have given him a tip? I know it sounds crazy…but why would he quit out of the blue like that at the top of his game….then come slinking back to Disney now just as the pandemic is wrapping up?
I’m just being silly witih this one. But it definitely seems as though former Disney CEO Bob Iger somehow, someway knew way, way in advance how badly COVID19 was going to hurt the company’s balance sheet.
Mandatory Credit: Photo by Invision/AP/REX/Shutterstock (9241938da)
The Walt Disney Company CEO Robert Iger attends a special screening of Disney’s “Beauty and the Beast” at Alice Tully Hall, in New York
NY Special Screening of “Beauty and the Beast”, New York, USA – 13 Mar 2017
Months before anyone in the United States cared about COVI19 — even before it was called COVID19 — Iger just up and bounced while on top at Disney. Just out of the blue. The only reason why any of this matters to me is it gives one some of the metrics for the next time Something Big like COVID19 happens.
If another pandemic (or whatever) begins to brew in some remote part of the world, keep an eye on people like Iger. If they start acting really weird, then batten down the catches, the shit is about to hit the fan. If I was into conspiracy theories — which I’m not — I might suggest there was something spooky about Iger bouncing so abruptly.
I’m fascinated by how our reality is constructed. That’s why people like Trump or macro events like COVID19 lay bare that a lot of our “reality” is bullshit. It exists because The Powers That Be say it does.
Nothing’s right or wrong, but thinking makes it so, as The Bard would tell us.
Mandatory Credit: Photo by Invision/AP/REX/Shutterstock (9241938da)
The Walt Disney Company CEO Robert Iger attends a special screening of Disney’s “Beauty and the Beast” at Alice Tully Hall, in New York
NY Special Screening of “Beauty and the Beast”, New York, USA – 13 Mar 2017Shelton Bumgarner
By Shelt Garner @sheltgarner
Why did Bob Iger leave Disney so abruptly? I don’t think it’s a conspiracy theory to say he may have known through his network of Masters Of The Universe that there was a really good possibility that Disney as he knew it for 15 years was a Dead Man Walking.
I’ll leave it to the folks at CNBC to do the fundamentals, but a back of the envelope projection of Disney’s profits for the rest of the year look like this:
#US0
Nothing. The moment someone does the WuFlop at a Disney property anywhere in the world and it’s recorded, well, that’s it. Disney will have to survive off of Disney+ subscriptions for about a year. And I seriously doubt that will be enough to prevent some serious pain at the House The Mouse Built. No new TV or movie production. No one will go to Disney Land or Disney World. But everyone in their house with a lot of free time will use their Disney+ subscription like crazy.
For A Whole Year
So, I guess, what may have happened was Iger wanted to quit at the top, rather than have his potential legacy destroyed by having to complete re-imagine Disney from the ground up to accommodate the mainstreaming of “Immersive Media” over the next 18 months.
But the above is just wild speculation on my part. A bit of financial “infotainment,” if you will. Don’t use it to make any financal decisions, for Christ’s sake. I’m nothing more than Brian Fellows, writing in an obscure portion of an unimportant part of the Internet.
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