Wall Street Is DONE with Disney's Bob Iger: Hyper Partisan House of Mouse OUT of Favor!
#disney #entertainment #streaming #bobiger !summarize
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Wall Street Is DONE with Disney's Bob Iger: Hyper Partisan House of Mouse OUT of Favor!
#disney #entertainment #streaming #bobiger !summarize
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The Uncertain Future of Disney's Leadership
The Downfall of Potential CEOs
The leadership at the Walt Disney Company is in a precarious situation as the search for Bob Iger's successor continues. Dana Walden, Pataro Dearo, and Alan Bergman were all considered potential candidates for the CEO role, but it now seems unlikely that any of them will be chosen.
The issue is that these four individuals have nowhere else to go if they are not selected as the next CEO. They have reached the pinnacle of their careers at Disney, and being passed over for the top job could be the end of the road for them.
The Challenges Facing the Potential CEOs
The problem with these potential CEOs is that they may not have the necessary support from the board to make the tough decisions required to turn the company around. As one analyst pointed out, they need an "absolute hatchet man" to come in and fix the issues, but they may not be given the freedom to do so.
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Additionally, the public nature of the selection process has created a perception that Disney did not want these individuals, which could make it difficult for them to find other high-profile positions elsewhere. As the analyst noted, "it's going to give a perception to to anybody else that follows that while Disney didn't want them and they're not doing very well."
The Uncertain Futures of Walden and Tomaro
Dana Walden, in particular, is in a difficult position. Her only reason for being at Disney was her connection to Kamala Harris, and with that gone, she has little to offer the company. Her performance in the streaming business has also been abysmal.
Josh Tomoro, on the other hand, has damaged the parks division, which was the one part of the company that was working well. It's unlikely that any other company would want to hire someone who has been responsible for such a significant decline in a key part of the business.
The Potential Fallout for Disney's
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The analyst also discussed the potential fallout for Disney's networks, such as ABC, CBS, and NBC. With the decline of linear TV and the rise of streaming, these networks may need to spin off their news divisions, which could have a significant impact on their overall business.
This could be particularly problematic for Dana Walden, who is closely tied to the network side of the business. As the analyst noted, "she's riding the the you know the the the Aging mayor of the of the network side of things she's not going to be able to lift herself out of that."
Conclusion
In summary, the leadership at the Walt Disney Company is in a precarious situation, and the potential CEOs who were considered for the top job may find themselves with limited options if they are not selected. The public nature of the selection process and the challenges facing the company's networks could further complicate the situation for these individuals, leaving them with an uncertain future.