Disney chief executive Bob Chapek speaks during a ceremony on Sept. 11, 2015, at Hong Kong Disneyland. And so, its like theres no upside, or our bosses dont see an upside in doing the job were supposed to do, which is to speak truth to power and hold people accountable.. Parents would be able to sue school districts over the issue. Under pressure from LGBTQ activists and progressive employees some of whom who have walked out of the job in protest Disney's Chapeks eventually criticized the Florida legislation, paused all political giving in Florida and apologized to employees. "He was very, very concerned about Lucasfilm - in many respects his baby, his legacy and there was a trust there too that I think we demonstrated, that we could be trusted," Iger said about Lucas. Prior to working at the parks, Chapek led Disney's home entertainment business starting in 2009 and led the organization to record-setting performances. bob chapek political party Got a confidential news tip? Disney CEO Bob Chapek admitted at Disneys 2022 Annual Meeting of Shareholders that he had been actively opposing the bill through back channels despite previously sending out an email to his employees claiming the company would not be taking a stance on the bill. Disney has since stated it will no longer donate to political campaigns. The original town hall event was announced on March 2, and then on Friday was moved to today so people could attend Tuesdays walkout if they so chose. This material may not be published, broadcast, rewritten, or redistributed. It should never have reached that point, though. New York CNN . However, its not what Chapek said at the time. FLORIDIOT: DeSantis Disney lackey thinks tap water makes you gay. 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Home; Video; Trump Investigations; Right Wing Extremism; Opinion; Impeachment; Corruption; Foreign Policy; Earlier in the week, Chapek said DeSantis had agreed to meet with him to ensure the bill wouldnt be weaponized against the LGBTQ community. Whether Disney CEO Bob Chapek had considered this before multiple shareholders pressed him about this bill this week during Disneys annual investors call isnt clear. As always, keep checking back with us here at BlogMickey.com ", Florida Gov. When you face challenges and screw up, thats totally understandable. Most of the decisions appear understandable in isolation. Chapek responded by saying that his very first trip after being named the new CEO was to visit ABC News. A Division of NBCUniversal. So, Disney purchased nearly 60 acres of land in Lake Nona, Florida. There is no question that Chapek was under tremendous pressure. Send us a tip using our annonymous form. Here are CEO Bob Chapeks worst five mistakes thus far. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Bob Chapek HB 1557/SB 1834, dubbed the Dont Say Gay bill,would seek to ban classroom discussion on sexual orientation and gender identity in kindergarten through third grade and has been labeled a government censorship bill by the ACLU of Florida. Disney CEO Told DeSantis He Didnt Want to Do It To my fellow colleagues, but especially our LGBTQ+ community, thank you to all who have reached out to me sharing your pain, frustration and sadness over the companys response to the Florida Dont Say Gay bill, Chapek said in his letter. He said he was overwhelmed by professionalism and objectivity of the news division but admitted Wright said some things on the Project Veritas video to make the company question his objectivity. 2023 The Hollywood Reporter, LLC. Bob Chapek Get our latest storiesin the feed of your favorite networks. On top of the stock woes, Disney CEO Bob Chapek has become a punching bag for cultural critics. When everything is fine, but you unintentionally create your own drama, thats a sign that youre your own worst enemy. Legal Statement. DeSantis, a rumored 2024 presidential hopeful, has not yet announced if he will run. "Bob's legacy in the company is just profound. As such, he should have known how Hollywood works. Then, Chapek prioritized Disney+ as the core business model for the entire company. Employees were walking out in protest and ranting to the media. Chapek is a liar. Michael Arnold. Former Disney CEO Bob Chapek privately complained to Florida Gov. "Floridas HB 1557, also known as the Dont Say Gay bill, should never have passed and should never have been signed into law," the Disney statement said. Home; Video; Trump Investigations; Right Wing Extremism; Opinion; Impeachment; Corruption; Foreign Policy; News of the postponement came as Disney CEO Bob Chapek conducted a town hall meeting for all employeesMonday. I feel that the truth suffers, the voters are poorly informed, and people also have the opportunity to tune into whatever they want to hear, Wright said in the video, which also featured an ABCNews producer. Contribution News Analysis. That philosophy applies to Disneys park behavior during the pandemic as well. The segment includes Disney's travel and leisure businesses, including six resort destinations and a cruise line, its consumer products operations, including all of its licensing of apparel, toys, home goods, digital games, apps, publishing and retail locations, as well as all of its theme parks globally. "Parks is a business where they use data to drive pricing and engagement," Nathanson said. Here are Disney's major milestones under Bob Iger's leadership. This story has been shared 102,949 times. Conversely, Chapek believes that his best approach is to avoid politics altogether, a legitimate impossibility for a company like Disney. Disney CEO Bob Chapek downplayed criticism of ABC News. If Disney had merely maintained the status quo, a multi-coastal business operation, none of these headlines would dominate the media. Labeledby opponentsas the Dont Say Gay bill, the legislation effectively bans discussion or teaching about the LGBTQ+ community and sexual orientation or gender identity in the states public school system from kindergarten to the third grade. Back in 2018, Danhof confronted then-CEO Iger about ABC News Joy Behar, who was under fire at the time for comments that mocked Vice President Pences Christian faith. CEO Denies Political Leanings Following Gina Carano What Is Bob Chapek Political Party? Bob Iger, the former Disney CEO whose decades-long tenure at the company ended in December, tweeted his opposition to the legislation weeks ago. A Division of NBCUniversal. 2023 CNBC LLC. Quotes displayed in real-time or delayed by at least 15 minutes. pic.twitter.com/OWsGTUoeCA, Christopher F. Rufo (@realchrisrufo) March 29, 2022, SCOOP: Ive obtained video from inside Disneys all-hands meeting about the Florida parental rights bill, in which executive producer Latoya Raveneau says her team has implemented a not-at-all-secret gay agenda and is regularly adding queerness to childrens programming. For the past 18 months, Disney has fallen into the latter category as leadership has accidentally caused as many screw-ups as it has fixed. ABC News anchor Amy Robach was recorded on a hot mic claiming the network spiked a story exposing Jeffrey Epstein three years ago. Keating, who has written about how Disney's activism is bad for business, said Disney's decisions on the Florida bill has meant the company is catching heat from both sides of the political spectrum. Thats not even a dig on Chapek. In "The Courage to Be Free," the governor describes a conversation with former CEO Bob Chapek about Disney's political activities. As the controversy over the Parental Rights in Education bill was coming to a head, Chapek called me. Disney CEO Chapek Bob Chapek Tuesday said he doesnt really see Disney as characterizing itself as left-leaning or right-leaning responding to a shareholder who "I would consider myself a socialist,like I think there should be national health insurance," he said. I truly believe we are an infinitely better and stronger company because of our LGBTQ+ community, he wrote. This story has been shared 151,093 times. Still, if the economy ever suddenly suffered a setback, this unforced error would magnify in scope. Disney has *deep breath* eliminated Magical Express, exchanged free FastPasses for paid Lightning Lane experiences, required Park Passes, temporarily removed the dining plan and most annual passes, and raised many food/drink prices. 02:12. "Look, the world is changing dramatically, and it's important for the CEO of a company to address all of those changes rapidly," Iger said. Disney Chairman Bob Iger is leaving the company at the end of the month. How Disney and CEO Bob Chapek made a mess of the companys At another point in the town hall, the companys HR chief addressed the Florida situation and also affirmed that the company would oppose an effort by Texas Gov. Chapek and his team had decided that Florida made more sense as a home base. That argument is correct, independent of where you may fall on the political spectrum. "Our goal as a company is for this law to be repealed by the legislature or struck down in the courts, and we remain committed to supporting the national and state organizations working to achieve that. If signed by DeSantis, the bill would prohibit discussion of sexual orientation or gender identity in schools up to the third grade and limits it to age-appropriate students in higher grades. This choice cost her tens of millions of dollars, as her contract rewarded her with a split of box office revenue. Mutual Fund and ETF data provided by Refinitiv Lipper. What about the Disney black list? he asked. "Heres a suggestion for Disney CEO Bob Chapek: Get back to business, that is, excellence in storytelling, and stop wasting shareholders' money on political crusades that have nothing to do with Disneys business," Keating told Fox News Digital. ABC News declined to comment when reached by Fox News. Chapek is credited for bringing Disney's home entertainment division into the digital ag The task force will develop strategy and action plans to engage with LGBTQ+ employees, community partners and content creators. Chapek learned a harsh lesson that potential political allies behind closed doors are all too happy to attack Disney in the media for personal gain. This material may not be published, broadcast, rewritten, or redistributed. (Getty Images. And Laurene and Steve and [Iger's wife] Willow [Bay] and I sat down at a dinner, and he toasted to the deal we had done some years earlier, convinced that it was the right thing to do for Disney and for Pixar. Read More. All rights reserved. This priority caused him to lose sight of the challenges in working with Hollywood talents. However, one of them provedregrettable. Interested in booking a Disney Vacation? He has a microbiology degree from Indiana University Bloomington and received his MBA from Michigan State University. Disney CEO Bob Chapek has had private phone calls this year with House Republican leaders including House Minority Whip Steve Scalise, R-La. Carano last month raised the issue of a double standard in an interview with conservative commentator Ben Shapiro, noting that Pascal was not fired for a 2018 tweet comparing undocumented children in cages in the U.S. to Jews in concentration camps. Starting immediately, we are increasing our support for advocacy groups to combat similar legislation in other states, Chapek wrote, possibly referring to a similar measure proposed in Georgia and bills targeting transgender children in Texas and Idaho. As the controversy over the Parental Rights in Education bill was coming to a head, Chapek called me, DeSantis writes, he did not want Disney to get involved, but he was getting a lot of pressure to weigh in against the bill.. This caused #FireGinaCarano to trend and eventually, she was. Periodically, we must employ comment moderation due to an influx of spammers. Bob Chapek "Im totally fine with reining in corporations, I think theyre too many billionaires, and I think theres a wealth gap thats a problem. Chapek cared too much about his needs and not enough about those of others. Market data provided byFactset. Get our latest storiesin the feed of your favorite networks. Disney allowed the drill team to perform based on an audition tape it had sent. The bias is blatant.. Iger acknowledged Chapek likely won't make the same decisions he would have made as future problems arise. It closed todays trading at $138.62, down 1%. Signup for Breaking News Alerts & Newsletters. But Im an ally you can count on, and I will be an outspoken champion for the protections, visibility and opportunity you deserve.. Bob Chapek Staunchly Opposed To Politics, Will Not Comment This website uses cookies to improve your experience. Many of the calls FLORIDIOT: DeSantis Disney lackey thinks tap water makes you gay. Disney CEO Told DeSantis He Didnt Want to Do It. If passed, this bill will put vulnerable, young LGBTQ people in jeopardy., Biden had tweeted his opposition to legislation designed to attack LGBTQI+ kids.. Disney chief executive Bob Chapek speaks during a ceremony on Sept. 11, 2015, at Hong Kong Disneyland. "I became a little bit more dismissive of other people's opinions than I should have been," said Iger. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 2023 Deadline Hollywood, LLC. "I am sorry. "Over time, I started listening less and maybe with a little less tolerance of other people's opinions, maybe because of getting a little bit more overconfident in my own, which is sometimes what happens when you get built up," Iger told CNBC's David Faber in an exclusive interview. After weeks of internal strife and external controversy surrounding the Walt Disney Companys lack of public response to the Dont Say Gay legislation in Florida, Shares of the company fell less than 2% in extending trading Tuesday. We want to hear from you! WebBob Chapek. All rights reserved. And I think thats a world we should all live in harmony and peace., Disney+ Tops 100 Million Subscribers , CEO Bob Chapek Says. This site uses different types of cookies. These cast members were already reticent to uproot their lives for Disney. As a new CEO, he was easily victimized. He was the People are questioning DeSantiss comments. The other way that Disney got hit from the left and right happened last week. In truth, the only decision I believe Disney shouldnt have made is the removal of Magical Express. All Rights Reserved. Ron DeSantis said he advised former Disney CEO Bob Chapek to stay out of a political battle over legislation in his state limiting discussion of sex and gender in public schools, according to the Republican's forthcoming book. We want to hear from you! Former Disney CEO Bob Chapek privately complained to Florida Gov. Bob Chapek ", Nathanson said the selection of Chapek was not a surprise and a "win-win for the company.". A recent CNBC article referenced Chapeks perceived lack of emotional intelligence. Chapek began his Disney career in 1993 as the marketing director for the company's Buena Vista Home Entertainment division, which at that time was focused on VHS tapes. The award winning agents at MickeyTravels are ready to help you book a truly magical vacation! He will be the seventh CEO in Disney's nearly 100-year history. The debut of "Disney Enchantment" during "The World's Most Magical Celebration" Walt Disney World Resort 50th Anniversary at Magic Kingdom on Sept. 30, 2021, in Orlando, Florida. He did not want Disney to get involved, but he was getting a lot of pressure to weigh in against the bill, DeSantis writes. Chapek has not commented on the DeSantis report. Disney CEO Bob Chapek prepares for GOP to become majority in The pressure from the WOKE cancel culture was vicious. He is the guilty party. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. In the interim, these shows have filled the void. Iger told Disney staffers in November that he didnt like that the Mouse House was embroiled in controversy and that he would work to quiet things down.. Disney CEO Bob Chapek now claims he wants the company to be everything for everyone after he caved to the woke mob and fought the anti-grooming law in Florida. "Parks is the only business they have, before [streaming], that's direct to consumer.". Chapek and Disneys past public silence on the controversial HB 1557/SB 1834 bill ignited an internal revolt among the companys LGBTQ employees and their allies, leading to the CEO apologizing Friday for not being a stronger ally in the fight for equal rights., You may have seen the news earlier this week that HRC is not going to take any funding from Disney until we see them take real action to defeat hateful legislation in Florida, the HRC interim leader said during her speech at the Saturday event. (ABC/ RANDY SAGER). The Democrat Party was visibly angry, and the media spread lies about the bill being a Dont Say Gay bill. In addition to addressing Disney directly, Madison also acknowledged that the issue is much larger than the single company. Of course, nobody does that unless they understand political machinations. He also played a key role in the commercialization of the studio's film business. Source: Some folks took offense at that, which isdefinitely a take. Prior to 2016, Bob Igers political party was Democratic Independent (2016present). I feel terrible about it. Robert Chapek. 2016 Election Cycle. Chapeks initial responses to the bill were tepid at best, as he wanted to maintain solid relationships with the legislators. DeSantis in new book says Disney CEO complained of pressure Many of them have led to price increases. Disney CEO Bob Chapek Announces Pause for Political Giving in (Gerardo Mora / Getty Images) Under pressure from LGBTQ activists and progressive employees some of whom who have walked out of the job in protest Florida Gov. Ousted Disney chief executive Bob Chapek is set to receive a hefty paycheck following his exit.
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