I have been going to WDW all my life so I have been many times (also worked there in the 90s). I have studied Walt and his company for 30 years. Unfortunately, Iger is having trouble making the right decisions at this point. Investors don’t have confidence in him anymore. The executive team is too top heavy and along with the board have no idea what created and sustained the success of the Walt Disney Company. It was Walt and Roy’s teamwork! As Walt would say..you have to put yourself in the guest shoes. However, they also need to think like Walt. Corporate power grabbing greedy people can’t do that…🤷 They desperately need creative people at the top! They need to build a new superior vacation destination in the midwest and start using all the IP they bought. True synergized creativity can save Disney as it has many times in the past. Sequels can not build this magical company back to sustainable life.
My love for Disney is only due to the Star Wars Universe. However, they are totally missing the point of Star Ware Mythology. Disney only cares about one thing, Money! They’re raising the prices of Disney + and they just lost another subscriber.
Please get your facts correct. Disney DID NOT own Reedy Creek Improvement District. It was always suppose to be separate from Disney, just like every other district is separate from those who set them up. Reedy Creek was a government entity, therefore impossible for Disney to own. Disney has been caught doing illegal things with the district for over 60 years.
Many Guest are upset with most of their time spent STANDING IN LONG LINES ! VIRTUAL QUEUE that are booked up before park is open or. Not available or technical issues. Being forced To pay for each party member To Use Disney Genie up to $11.00 to 22.00 . Per child, adult just to get a shorter line , skip the line for a new, popular ride. This is just one attraction . What about the other attractions, do it again ?
I have been to Disney Park an excessive number of times in 30 years but they continually add more resorts instead of updating the ones they have and need to seriously add on to parks. By adding more resorts it keeps putting more and more people into the already jam packed parks and it is getting too tiresome to try to justify the cost for so little experience.
I no longer have anything to do with Disney. Thank goodness I have the original Snow White and other classics on DVD. Disney has become unfit for young people, in my opinion, as well as many friends and family.
It’s about teaching sex ed to young children. That is all.
That’s OK I guess because kids can get a transition at 4 yrs old without telling parents right? Or a princess that is a guy with a mustache greeting little girls at the castle.
What happened? I thought Bob Iger’s return was akin to the second coming of the messiah? Strange how the dismal Disney shills are all so quiet now. I guess the honeymoon’s over and now reality has set in.
Not to worry, the trained seals will start clapping once the next bucket of gruel is tossed into the air.
So sad to see this iconic giant die a slow death!
No longer a family place, no longer a magic place, no longer a fun, inviting or affordable place.
Unrecognizable to those who loved it SO dearly…
I use to go a lot want I lived in Florida , and still support Disney in by merchandise and stuff when I can but I hope to get back to the parks within a year so . Yes the controversy does not help Disney but neither did covid . Covid was the downfall of a lot of things and hurt a lot of companies , but government officials there in Florida that keep the controversy going need to grow up .
I blame Bob Iger. He undermined his successor and then got him fired. The instability at the helm caused inconsistent strategy implementation and added to the external volatility. His vanity, unfortunately, is a huge impediment. He should have left when he retired and sailed off into the sunset with a record as CEO that was impeccable. But no, he wanted more.
Disney continues to increase prices and they continue to introduce add ons such as Genie and LL to increase profits. They are a business and it is expected they want to increase profits for share holders, but they are going to fall in the end as patrons like me will eventually just say enough is enough. I still go, but my family had definitely cut our time at WDW in half and we have found alternative vacation spots. It is a shame that much of the magic has gone. How could Disney recover lost fans: bring back Fast Pass in its’ old form but charge for it (in reason), bring back Magical Express, bring back a night time parade at MK, stop caving to political correctness (Splash Mountain), get back to theming and stop making resorts look like corporate Hotels…. A pipe dream I am sure, but it would be nice.
Pretty much spot on. Over 20 years Passholders and we, sadly, have passed on the passes with Disney’s obcession with satisfying the woke crowd, DEI (or is it DIE?), etc. Cancelled Disney+ and stopped shopping to add to our collections. Such a shame.
CEO’s can be removed for not having shareholders best interest first. Seems like Iger is holding DNC interests over shareholders. This board and media committee needs to be gutted.
This is exactly the main issue. For forty years after the Reagan revolution corporations have put stockholder before everything else by worshipping at the altar of Friedman economics.
If you are going to go back to basics you need to think about your employees as family and your customers by the same token. Stockholders should be last in line to get paid.
I applaud Disney for investing in infrastructure and more offerings. People here are piling on caught up in the “culture war” lie.
Open a book about business before you open your mouth to spew nonsense and non research based claims.
I used to go to Disney every other year over the course of 30 years. (every 2 years). I won’t go now. Too woke! I will not expose my grandchildren to some of the stuff going on now. Sorry.
Disney needs to get back to it’s roots that Walt started! You can’t take a wonderful idea like Disney and wade through the mud with it and expect people to keep paying a premium price for dirty products.
Go woke go broke. 3 years ago I spent 40g for a Disney vacation with extended family. Great time but as long as any company promotes a woke agenda I will not provide financial support.
I used to go a lot. Eight times in 10 years but no longer can afford it. They are over priced in just about everything and their quality has dropped off a lot. Parks are not as clean as they used to be, guests fighting in the parks, no more perks for staying on site, extra charge for parking, no ME, free dining perk gone or it will be cut back to a snack. Genie + is horrible I miss free fast passes. Can’t just wake up and say let’s do this park today because it’s raining, you need park reservations. way too complicated to plan a trip. It used to be fun and exciting to plan, now it’s a chore. Too much more to list.
Somehow the dream Walt had. Got way too expensive for most people. I got married there. Would go every 2 years. Really loved it. But now. Can’t afford it. And all this rediculous woke stuff. Wake up and embrace the past so we can stop making the same mistakes in the future
Have not been to a Disney location for more than 25 years and studiously avoid buying any Disney product or service.
Their prices are far beyond reasonable and their political policies reflect a communistic slant. I can’t understand why people throw their money at Disney. Only explanation I can think of is that they are Democrsts!
I have visited Disney World two times in my life. Once as a child and once with my children. It was a fun experience both times, but I can’t say that I sit around wishing I could hurry back. We have friends who are crazy about it, but personally, I think it’s overrated. I do give the Imagineers credit for all of the details. I am just afraid Disney has overbuilt and has became way too politically motivated…and I am not a Trumper. I just wish the entertainment industry would stick to what they do best & entertain us.
Disney is nothing like it use to be. They just keep taking the best of the parks and getting rid of them. The new stuff just doesn’t have the imagination of the old and it does not keep with the spirit it is meant to have. People need the imagination and excitement that Walt Disney strived for. Not lame boring want to be’s.
Not surprised. Kennedy basically threw the money away picking the head roles for movies. On top of killing off key figures. Bring back Hayden is almost in the clear, but I think that has more to do with other figure heads in that camp. Fire her or cancel her contract and the money will come back.
I’m sure Walt Disney is rolling in his grave. What was once the premier family property has been turned into a cesspool of liberal activism. I won’t be going back until they disavow the entire disgusting movement.
It would be Easton turn things around honestly. For your streaming service take everything from the vault and I mean everything even the things that don’t fit today’s standards. Also take all of the fox stuff you now own so that’s is two absolutely huge libraries of film and put it on your service. So that everything from both disney and fox is available to watch. People will comeback. Also since you want to Crack down on password sharing here’s an idea charge like an extra $20 a month that allows you to share it with 1 or 2 other households. Maybe even change like $40 for 5 households. With that People will pay and will comeback. As for you upcoming films put a hault on them and really see what the audience wants to see take a look at a larger group fro. All demographics not just the ones who are the loudest on a keyboard, but everyone. And then make it work using that information. Maybe stop listening to the same 5 people in Hollywood and look elsewhere. For the parks I’m not 100% sure on those, but I bet there’s someone out there who’s voice you’re not listening to that could fix it.
We haven’t been to Disney World in a good 20 years. It’s way to expensive. And guys dressed in drag, no thank you. And ever since the pandemic, people are just too rude & combative.
People dont want political and cultural wars on vacation. They have no place there. Disney is not Walts disney he’d be very sad. I am also sad seeing yiur direction. He created a family atmosphere and we were all his family in an affordable fun place. Now money is the goal not family and people see it and arent coming. Your board and CEO has it all wrong. Woke and don’t say gay has so place on vacation because not everyone wants that. You must plan for all people treat them like family stay out of cutural wars and create afforable fun again or you will continue to fail and people will go elsewhere. They already are. I use to come alot havent been back since the above stuff mentioned is occuring.
Still love the Mouse but
1. Stay out of politics. You are there to let people escape, relax, enjoy, be a kid. Do your job.
2. Stop virtue signaling how inclusive you are while pricing out the average working family.
3. Stop the woke movie reboots. Again a lot of talk about inclusion but how about celebrating diverse cultures with their own inspiring stories instead of blackwashing classic stories and characters.
Last X we went was 20 yrs. ago. 5 yrs ago went & bought DVDs with Walt’s Princess plus Bambi-the old ones so grandkids will know REAL Disney. Could see how it was going. How Sad.
Disney company has forgotten a fundamental principle that is plaguing alot of corporations these days, they have forgotten how they were built to where they are to begin with. I can remember when a ticket to WDW for the day was $25. now I understand so cost upgrades but they have priced out most middle class families that used to frequent and keep their parks operational, it is now well north of 100. Per person per day including children and if you are staying on site a vacation for a family of 3-4 for 4-5 days can run into 5-6k. That is 2-3 months of mortgage payments for many normal families, Iger and board are literally bankrupting themselves over the long haul playing with other people’s money on wall street talking about another 60 billion in upgrades at their parks, their only going to raise prices more at the gates and on the streaming services until more people say enough and then what, a government bailout of Disney or do they piece everything off and sell off, and the only entities with that kind of capital would be the Chinese or Saudis, so hopefully someone on their board reads this and actually thinks about for a minute and says just maybe, our parks were actually fuller when our admission was less and we had both our high end restaurants and middle more affordable eating facilities so everyone enjoyed the magic again
No amount of money is going to fix this. That’s like putting a band aid on a gaping seeping wound. The only way it could get better is if they actually started catering to the average working class family who can’t necessarily afford to take a vacation every year. They also need to stop rebranding all of their attractions to these new Pixar characters. They’re completely eliminating the original ones!!!
Pushing a woke agenda has pitted parents against Disney. Until prices come down and a clear trend of Disney management away from the woke agenda Disney will continue to see a downward attendance and bearish stock price.
Bob Iger and Kathleen Kennedy should step away from Disney and Lucasfilms. They have both butchered it with prejudice and wokeness.. If it continues, Then I wish the Disney family well..
Disney was built on the middle class. Disney has alienated the middle class with their politics on all throughout their diverse entertainment media and venus. . Their theme parks are no longer affordable for a middle class family, especially during these inflationary times.
If only Disney was truly “listening”. They say they are listening, but they obviously aren’t hearing…or reading. So many blogs/vlogs against Disney’s current path, yet they continue down it. All Disney has to do is follow the posters to get the real sense of what guests want and make changes accordingly. The shareholders won’t be disappointed by their actions should they just hear the guests voices. But alas, Disney must cater to those 3%’ers, at all costs.
Comments for Disney Stock Plummets After Major Announcements From CEO Bob Iger
Kevinswms
I have been going to WDW all my life so I have been many times (also worked there in the 90s). I have studied Walt and his company for 30 years. Unfortunately, Iger is having trouble making the right decisions at this point. Investors don’t have confidence in him anymore. The executive team is too top heavy and along with the board have no idea what created and sustained the success of the Walt Disney Company. It was Walt and Roy’s teamwork! As Walt would say..you have to put yourself in the guest shoes. However, they also need to think like Walt. Corporate power grabbing greedy people can’t do that…🤷 They desperately need creative people at the top! They need to build a new superior vacation destination in the midwest and start using all the IP they bought. True synergized creativity can save Disney as it has many times in the past. Sequels can not build this magical company back to sustainable life.
JSome
I think you’ve nailed it.
AniRiv
You nailed this!
Wade Watts
My love for Disney is only due to the Star Wars Universe. However, they are totally missing the point of Star Ware Mythology. Disney only cares about one thing, Money! They’re raising the prices of Disney + and they just lost another subscriber.
Paul
Please get your facts correct. Disney DID NOT own Reedy Creek Improvement District. It was always suppose to be separate from Disney, just like every other district is separate from those who set them up. Reedy Creek was a government entity, therefore impossible for Disney to own. Disney has been caught doing illegal things with the district for over 60 years.
M.
Many Guest are upset with most of their time spent STANDING IN LONG LINES ! VIRTUAL QUEUE that are booked up before park is open or. Not available or technical issues. Being forced To pay for each party member To Use Disney Genie up to $11.00 to 22.00 . Per child, adult just to get a shorter line , skip the line for a new, popular ride. This is just one attraction . What about the other attractions, do it again ?
Sherrill
I have been to Disney Park an excessive number of times in 30 years but they continually add more resorts instead of updating the ones they have and need to seriously add on to parks. By adding more resorts it keeps putting more and more people into the already jam packed parks and it is getting too tiresome to try to justify the cost for so little experience.
A McKenzie
I no longer have anything to do with Disney. Thank goodness I have the original Snow White and other classics on DVD. Disney has become unfit for young people, in my opinion, as well as many friends and family.
Joanne
So right!
Nancy
I lost that lovin feeling!
Not the happiest place on earth any more. Very sad,
Walt Disney would not be happy
Todd Hudson
Hi
Craig
Tundra
Nicholas
Don’t say gay…dishonest journalists again.
It’s about teaching sex ed to young children. That is all.
That’s OK I guess because kids can get a transition at 4 yrs old without telling parents right? Or a princess that is a guy with a mustache greeting little girls at the castle.
You so you Disney
Carol
The average family will never be able to afford a Disney Park vacation. I truly believe Walt D. would not approve.
Ani
They’ve lost the vision Walt had. You have to go into debt to be able to go
Vanessa
What happened? I thought Bob Iger’s return was akin to the second coming of the messiah? Strange how the dismal Disney shills are all so quiet now. I guess the honeymoon’s over and now reality has set in.
Not to worry, the trained seals will start clapping once the next bucket of gruel is tossed into the air.
Gus Lima
So sad to see this iconic giant die a slow death!
No longer a family place, no longer a magic place, no longer a fun, inviting or affordable place.
Unrecognizable to those who loved it SO dearly…
Anonymous
I use to go a lot want I lived in Florida , and still support Disney in by merchandise and stuff when I can but I hope to get back to the parks within a year so . Yes the controversy does not help Disney but neither did covid . Covid was the downfall of a lot of things and hurt a lot of companies , but government officials there in Florida that keep the controversy going need to grow up .
Mark
After reading the article it is clear the dispute between Disney and Florida has little to do with their downfall
JSome
I blame Bob Iger. He undermined his successor and then got him fired. The instability at the helm caused inconsistent strategy implementation and added to the external volatility. His vanity, unfortunately, is a huge impediment. He should have left when he retired and sailed off into the sunset with a record as CEO that was impeccable. But no, he wanted more.
Wayne
Disney continues to increase prices and they continue to introduce add ons such as Genie and LL to increase profits. They are a business and it is expected they want to increase profits for share holders, but they are going to fall in the end as patrons like me will eventually just say enough is enough. I still go, but my family had definitely cut our time at WDW in half and we have found alternative vacation spots. It is a shame that much of the magic has gone. How could Disney recover lost fans: bring back Fast Pass in its’ old form but charge for it (in reason), bring back Magical Express, bring back a night time parade at MK, stop caving to political correctness (Splash Mountain), get back to theming and stop making resorts look like corporate Hotels…. A pipe dream I am sure, but it would be nice.
Terry
Pretty much spot on. Over 20 years Passholders and we, sadly, have passed on the passes with Disney’s obcession with satisfying the woke crowd, DEI (or is it DIE?), etc. Cancelled Disney+ and stopped shopping to add to our collections. Such a shame.
Polydvcfan
CEO’s can be removed for not having shareholders best interest first. Seems like Iger is holding DNC interests over shareholders. This board and media committee needs to be gutted.
Dr. Manny
This is exactly the main issue. For forty years after the Reagan revolution corporations have put stockholder before everything else by worshipping at the altar of Friedman economics.
If you are going to go back to basics you need to think about your employees as family and your customers by the same token. Stockholders should be last in line to get paid.
I applaud Disney for investing in infrastructure and more offerings. People here are piling on caught up in the “culture war” lie.
Open a book about business before you open your mouth to spew nonsense and non research based claims.
T
T
Jene
I used to go to Disney every other year over the course of 30 years. (every 2 years). I won’t go now. Too woke! I will not expose my grandchildren to some of the stuff going on now. Sorry.
Cyndi
Disney needs to get back to it’s roots that Walt started! You can’t take a wonderful idea like Disney and wade through the mud with it and expect people to keep paying a premium price for dirty products.
Mike miller
Go woke go broke. 3 years ago I spent 40g for a Disney vacation with extended family. Great time but as long as any company promotes a woke agenda I will not provide financial support.
EM
I used to go a lot. Eight times in 10 years but no longer can afford it. They are over priced in just about everything and their quality has dropped off a lot. Parks are not as clean as they used to be, guests fighting in the parks, no more perks for staying on site, extra charge for parking, no ME, free dining perk gone or it will be cut back to a snack. Genie + is horrible I miss free fast passes. Can’t just wake up and say let’s do this park today because it’s raining, you need park reservations. way too complicated to plan a trip. It used to be fun and exciting to plan, now it’s a chore. Too much more to list.
Anomyous
Somehow the dream Walt had. Got way too expensive for most people. I got married there. Would go every 2 years. Really loved it. But now. Can’t afford it. And all this rediculous woke stuff. Wake up and embrace the past so we can stop making the same mistakes in the future
S Frog, Sir
Doooomed
Brian Wood
Have not been to a Disney location for more than 25 years and studiously avoid buying any Disney product or service.
Their prices are far beyond reasonable and their political policies reflect a communistic slant. I can’t understand why people throw their money at Disney. Only explanation I can think of is that they are Democrsts!
Amy
I have visited Disney World two times in my life. Once as a child and once with my children. It was a fun experience both times, but I can’t say that I sit around wishing I could hurry back. We have friends who are crazy about it, but personally, I think it’s overrated. I do give the Imagineers credit for all of the details. I am just afraid Disney has overbuilt and has became way too politically motivated…and I am not a Trumper. I just wish the entertainment industry would stick to what they do best & entertain us.
Feryne Wooldridge
Disney is nothing like it use to be. They just keep taking the best of the parks and getting rid of them. The new stuff just doesn’t have the imagination of the old and it does not keep with the spirit it is meant to have. People need the imagination and excitement that Walt Disney strived for. Not lame boring want to be’s.
Justin
Not surprised. Kennedy basically threw the money away picking the head roles for movies. On top of killing off key figures. Bring back Hayden is almost in the clear, but I think that has more to do with other figure heads in that camp. Fire her or cancel her contract and the money will come back.
Norman
Go woke, go broke! Push your culture wars on somebody else! I’m out!
Toni
Disney Princesses should never be portrayed by a man with a mustache in drag.
Margaret-Patricia
Is this why my Disney + subscription is increasing?
John Bush
I’m sure Walt Disney is rolling in his grave. What was once the premier family property has been turned into a cesspool of liberal activism. I won’t be going back until they disavow the entire disgusting movement.
Richard
It would be Easton turn things around honestly. For your streaming service take everything from the vault and I mean everything even the things that don’t fit today’s standards. Also take all of the fox stuff you now own so that’s is two absolutely huge libraries of film and put it on your service. So that everything from both disney and fox is available to watch. People will comeback. Also since you want to Crack down on password sharing here’s an idea charge like an extra $20 a month that allows you to share it with 1 or 2 other households. Maybe even change like $40 for 5 households. With that People will pay and will comeback. As for you upcoming films put a hault on them and really see what the audience wants to see take a look at a larger group fro. All demographics not just the ones who are the loudest on a keyboard, but everyone. And then make it work using that information. Maybe stop listening to the same 5 people in Hollywood and look elsewhere. For the parks I’m not 100% sure on those, but I bet there’s someone out there who’s voice you’re not listening to that could fix it.
Richard
It should say ‘easy to’ at the top my bad
Beth
We haven’t been to Disney World in a good 20 years. It’s way to expensive. And guys dressed in drag, no thank you. And ever since the pandemic, people are just too rude & combative.
Renee
People dont want political and cultural wars on vacation. They have no place there. Disney is not Walts disney he’d be very sad. I am also sad seeing yiur direction. He created a family atmosphere and we were all his family in an affordable fun place. Now money is the goal not family and people see it and arent coming. Your board and CEO has it all wrong. Woke and don’t say gay has so place on vacation because not everyone wants that. You must plan for all people treat them like family stay out of cutural wars and create afforable fun again or you will continue to fail and people will go elsewhere. They already are. I use to come alot havent been back since the above stuff mentioned is occuring.
Rox
Still love the Mouse but
1. Stay out of politics. You are there to let people escape, relax, enjoy, be a kid. Do your job.
2. Stop virtue signaling how inclusive you are while pricing out the average working family.
3. Stop the woke movie reboots. Again a lot of talk about inclusion but how about celebrating diverse cultures with their own inspiring stories instead of blackwashing classic stories and characters.
Joas
Last X we went was 20 yrs. ago. 5 yrs ago went & bought DVDs with Walt’s Princess plus Bambi-the old ones so grandkids will know REAL Disney. Could see how it was going. How Sad.
Rob
Seems to be too much fighting and rudeness in the park last two times I went. I used to stay there about 3 times a year. It just is not fun anymore.
Maria
Used to be a family place. Now their ideologies are very harmful for kids. I don’t trust them at all.
I hope changes are made.
It’s run by a bunch of woke flakes.
James
Disney company has forgotten a fundamental principle that is plaguing alot of corporations these days, they have forgotten how they were built to where they are to begin with. I can remember when a ticket to WDW for the day was $25. now I understand so cost upgrades but they have priced out most middle class families that used to frequent and keep their parks operational, it is now well north of 100. Per person per day including children and if you are staying on site a vacation for a family of 3-4 for 4-5 days can run into 5-6k. That is 2-3 months of mortgage payments for many normal families, Iger and board are literally bankrupting themselves over the long haul playing with other people’s money on wall street talking about another 60 billion in upgrades at their parks, their only going to raise prices more at the gates and on the streaming services until more people say enough and then what, a government bailout of Disney or do they piece everything off and sell off, and the only entities with that kind of capital would be the Chinese or Saudis, so hopefully someone on their board reads this and actually thinks about for a minute and says just maybe, our parks were actually fuller when our admission was less and we had both our high end restaurants and middle more affordable eating facilities so everyone enjoyed the magic again
Katie Mcloughlin
No amount of money is going to fix this. That’s like putting a band aid on a gaping seeping wound. The only way it could get better is if they actually started catering to the average working class family who can’t necessarily afford to take a vacation every year. They also need to stop rebranding all of their attractions to these new Pixar characters. They’re completely eliminating the original ones!!!
BigPapa
How about they find a way to make it less expensive to go to Disney???
Hugo
Go woke and go broke.
Al
Pushing a woke agenda has pitted parents against Disney. Until prices come down and a clear trend of Disney management away from the woke agenda Disney will continue to see a downward attendance and bearish stock price.
Jason
Bob Iger and Kathleen Kennedy should step away from Disney and Lucasfilms. They have both butchered it with prejudice and wokeness.. If it continues, Then I wish the Disney family well..
Ken
Disney was built on the middle class. Disney has alienated the middle class with their politics on all throughout their diverse entertainment media and venus. . Their theme parks are no longer affordable for a middle class family, especially during these inflationary times.
P.C.Knott
If only Disney was truly “listening”. They say they are listening, but they obviously aren’t hearing…or reading. So many blogs/vlogs against Disney’s current path, yet they continue down it. All Disney has to do is follow the posters to get the real sense of what guests want and make changes accordingly. The shareholders won’t be disappointed by their actions should they just hear the guests voices. But alas, Disney must cater to those 3%’ers, at all costs.
Comments are closed.