Chapek's promotion comes at a time when Disney is facing challenges from the global coronavirus outbreak. Thanks to a reportedly massive payment Disney sent to Johansson, the two parties have since made up. Dave Filoni Answers, Relieve the Battle of Hoth With This Star Wars Mystery Pin Set, Dining / Disney California Adventure / Disneyland, Must-Try Menu Items at Disney California Adventure Food & Wine Festival. I think my role is not to take the strategic pillars he's so well established over the last 15 years and continue to work on those and implement those in the marketplace, most importantly our direct-to-consumer initiatives, but at the same time look around the corner for what disruption might be going on in the marketplace that would necessitate a fresh look at those things.". Occupy Democrats is a political organization and information website that provides a new counterbalance to the Republican Tea Party. A 27-year veteran of the Walt Disney Company, Chapek, 60, has a proven track record with consumers having been instrumental in the growth of the company's parks, consumer products and studio film businesses. Disney did not return requests for comment. On top of the stock woes, Disney CEO Bob Chapek has become a punching bag for cultural critics. He will be the seventh CEO in Disney's nearly 100-year history. When everything is fine, but you unintentionally create your own drama, thats a sign that youre your own worst enemy. Chapek released Black Widow on Disney+ without checking whether the films star, Scarlett Johansson, minded. Behind the scenes, I was not, as a father of children ages five, four, and two, comfortable with the continuation of Disneys special arrangement, DeSantis wrote in his memoir. Former Disney CEO Bob Chapek privately complained to Florida Gov. Chapek allegedly told him he didnt want to get involved but hadnt seen anything like it, but thats not what he said in public. In "The Courage to Be Free," the governor describes a conversation with former CEO Bob Chapek about Disney's political activities. I consent to the use of following cookies: Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. Now, you could argue that inflation is real during the pandemic. "Mr. Chapek seems content to stick his head in the sand when it comes to the pervasive anti-conservative bias across ABC News, just as his predecessor Mr. Iger always was. Disney is still evil and still pushing CRT. "I would consider myself a socialist,like I think there should be national health insurance," he said. Walt Disney CEO Bob Chapek is pausing all of the companys political donations in Florida after the passage of the dont say gay bill and apologized to employees for his silence during the months-long debate on the measure. 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. 2016 Election Cycle. The pressure from the WOKE cancel culture was vicious. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. There is no question that Chapek was under tremendous pressure. Sign up for free newsletters and get more CNBC delivered to your inbox. Theyve invested millions of dollars in donations to political parties and more over the last 25 years, theyve given in-kind donations (like tickets to the parks and hotel Its gut-check time for every CEO and company [in] America. The Mickey-Shaped Treats Trending Right Now! Some cookies are placed by third party services that appear on our pages. In that role, he reorganized the business to cut costs and oversaw a number of popular toy crazes from franchises like "Frozen.". Chapek has also personally condemned the bill most vigorously, albeit a week too late. A growing number of participants in the retreat were expressing reluctance with pressing ahead given the climate at the company. 2023 CNBC LLC. ", Nothing in the Florida legislation itself mentions the word gay. We are hard at work creating a new framework for our political giving that will ensure our advocacy better reflects our values. Michael Arnold. All Rights Reserved. Iger said he spent months personally getting to know Apple and Pixar founder Steve Jobs, Star Wars' creator George Lucas, former Marvel Chairman Ike Perlmutter and Fox controlling shareholder Rupert Murdoch. This performance should never have gone forward. Data is a real-time snapshot *Data is delayed at least 15 minutes. This story has been shared 102,949 times. New Disney CEO Bob Chapek was confronted by an investor about ongoing issues at ABC News on Wednesday, but the high-powered executive brushed off the criticism, and the investor then blasted him for having his "head in the sand when it comes to the pervasive anti-conservative bias across ABC News.". It sounds about right. Ron DeSantis speaks at a press conference at the Eau Gallie High School aviation hangar on March 22, 2021. However, once the show started, well, it got awkward fast. Many speculated about Bob Igers future plans after his shocking decision to resign as CEO of The Walt Disney Company in February, including whether he intended to run for president. Its bad for business and even worse for the Disney brand. As always, keep checking back with us here at BlogMickey.com After two tumultuous years, on November 20, Iger stepped back into the spotlight and Chapek was out. Greg Abbott on a different front. Everyone was attacking Governor DeSantis with bald-faced lies, and he was the one who stood for what he believed. 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.. Ron] Desantis desk vetoed. Critics have cited specific concerns over sections of the bill, including the vague wording about banning classroom instruction on sexual orientation or gender identity that isnt age appropriate that goes beyond the language about kindergarten through third grade. And today we are opposing all political donations in the state of Florida pending this review.. However, in the wake of the Dont Say Gay legislation, such a move feels like a betrayal of their values. While Chapek was positive and largely avoided Danhofs criticism, his comment that Wrights objectivity is questionable coincides with the networks decision to suspend the veteran reporter. What Is Bob Chapek Political Party? Florida governor Ron DeSantis is calling out former Walt Disney Co. CEO Bob Chapek. Parents would be able to sue school districts over the issue. 2023 FOX News Network, LLC. All Rights Reserved. At first, Chapek tried to remain on the sidelines, but LGBTQ employees and advocates pressured the exec to take a stand last March, asserting that the bill was a human rights issue. Get this delivered to your inbox, and more info about our products and services. Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in. Quotes displayed in real-time or delayed by at least 15 minutes. Disney chief executive Bob Chapek speaks during a ceremony on Sept. 11, 2015, at Hong Kong Disneyland. 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Ron DeSantis said that ex-Disney CEO Bob Chapek complained to him about the pressure he was under from the left [WOKEs] to join in on the Governors new education bill restricting gender identity lessons, PK-3. Iger said he had to convince founders that he wouldn't disappoint them after completing an acquisition. Ron DeSantis. He lied and supported the victimization of children. I was glad to speak to Bob yesterday afternoon, and we had a very productive conversation about the need for Disney to put real muscle into stopping whats happening to their employees and to their fans.. October 26, 2021 at 5:36 Park officials reeeeeaaally dont want headlines with racist chant in them. Earlier this month, Disney CEO Bob Chapek spoke out on the pro-Trump mob attack on the US Capitol. 2023 NYP Holdings, Inc. All Rights Reserved, 2024 frontrunner: Trump wins CPAC straw poll in a landslide, Ron DeSantis skips CPAC as organization faces scandals, Florida bill would require bloggers writing about DeSantis to share pay info, DeSantis rips other GOPers for acting like potted plants in face of woke ideology fight: report, Chapek, who had stayed silent on the bill, re-evaluate Disneys special tax district, called Reedy Creek, signing a law to strip Disney World of its Reedy Creek control on Monday. Marketing cookies are used to track visitors across websites. Disneys CEO transition from Bob Iger to Bob Chapek marked a shift from an outspoken, famous CEO with political ambitions, to a largely unfamiliar name whose Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously. 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. Chapek responded by saying that his very first trip after being named the new CEO was to visit ABC News. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Mutual Fund and ETF data provided by Refinitiv Lipper. Chapeks initial responses to the bill were tepid at best, as he wanted to maintain solid relationships with the legislators. But this time is different. Disney hasnt brought back all its union-based performers yet, although it has taken recent steps to do so. 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. Iger credited his ability to get founders to sell him assets to his intense focus on building personal relationships. Additionally, the outbreak continues to threaten the global economy and worldwide travel. That argument is correct, independent of where you may fall on the political spectrum. "I became a little bit more dismissive of other people's opinions than I should have been," said Iger. Apparently, a Texas high school doesnt know what year it is and still performs a routine featuring Indianettes.. Reporters uncovered the fact that Disney had donated to the campaigns of several sponsors of the bill. Asked about Lucasfilm chief Kathleen Kennedy, Chapek said he is absolutely thrilled with her and the company looks forward to having Kathy directing the activities of the entire Lucasfilm operation for many years to come.. He was the Chapek is credited for bringing Disney's home entertainment division into the digital ag Employees were walking out in protest and ranting to the media. Disney has been able to build a robust library of kids movies while using the IP to churn out spinoffs and sequels, adding new content to its flagship streaming service, Disney+, to keep people paying month after month. 2023 FOX News Network, LLC. 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. 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. In November 2022, longtime Disney CEO Bob Iger announced he was replacing Chapek after two years away from the company. The political mistake ties back to a previous choice. pic.twitter.com/eJnZMpKIXT. This website uses cookies to improve your experience. The Florida bill hasnt factored into investors views as of yet, though the companys stock has been languishing near a 52-week low. ABC News anchor caught on hot mic claiming network killed Jeffery Epstein bombshell. And if that doesnt happen, to get these bills repealed, she added. 2023 CNBC LLC. A Division of NBCUniversal. Iger and the Disney board's decision to give Chapek the job surprised Wall Street and Disney executives, especially after Iger had repeatedly pushed off his retirement to stay as Disney's CEO. (It was fully repealed in December 2020. Deadline is a part of Penske Media Corporation. 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. 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. Would love your thoughts, please comment. The more combustible of those situations unfolded over House Bill 1557, the so-called Dont Say legislation. 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. "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. News Analysis. DeSantis wrotethat Chapek and Disney ultimately caved to leftist media and activist pressure and pressed the false narrative against the bill.. 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.. However, its not what Chapek said at the time. A rep for ABC News toldFox News he would be reassigned after serving his suspension and an insider said he was hoodwinked into making the statements oncamera. Colleagues perceive former CEO Bob Iger as a highly political person with an acute mind for such situations. Subscribe for full access to The Hollywood Reporter, Interim president Joni Madison confirmed she and Bob Chapek "had a very productive conversation about the need for Disney to put real muscle into stopping what's happening to their employees and to their fans.". Critics have depicted the bill as hurtful to LGBTQ inclusiveness and dubbed it the "Don't Say Gay" bill. But DeSantis pushed on, signing a law to strip Disney World of its Reedy Creek control on Monday. Got a confidential news tip? Then, the CEO found himself in a public spat with Floridas governor, who recognized an opportunity to score cheap political points off Disney. The website cannot function properly without these cookies. Alas, Chapek fell too deeply in love with the idea of increasing Disney+ subscriber numbers. Employees were walking out in protest and ranting to 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. March 7th, 2022 Then-Disney CEO Bob Chapek comments further on the matter via an internal Disney memo. ", Florida Gov. The Courage to be Free: Floridas Blueprint for American Revival, Fidelity Finds 401Ks Lost 25% of Their Value in 2022, Biden Says He May Be a White Boy, But Hes Not Stupid, One State Will Make It illegal for Vaccinated Donors to Give Blood, Rumors Are That John Fetterman Is Essentially Brain Dead, Dr. Malone on the Possible US Role in the Development of Coronavirus, They Set Us Up! Bombshell J6 Footage Shows Metro Police Discussion, Prophylaxis Nasal Spray Might Put an End to Vaccines. Iger planned to run for POTUS at one point. "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. November 21, 2022 by Mary Bob Chapek was born Robert Alan Chapek on August 21, 1960, in Chicago, Illinois, United States. Read More. Then, Chapek prioritized Disney+ as the core business model for the entire company. Everyone struggles with adversity. You can look at the comments section for any Disney discussion, and its an inevitable statement from some. We need Disneys partnership in getting the bills heading to [Gov. When Chapek took the job as head of Disney, critics lamented his lack of experience with the Hollywood studio system. 2023 Deadline Hollywood, LLC. Bob Chapek was born Robert Alan Chapek on August 21, 1960, in Chicago, Illinois, United States. People are questioning DeSantiss comments. Everything else is justifiable. I think change, I think generally speaking, change is good. All Rights Reserved. As you might imagine, some of them are LGBTQ+ or friends/family members of those who are. The decision by the largest employer in Central Florida could have a major impact on election fundraising for both parties, and it escalates in his war of words with Gov. Kathleen Kennedy Cites Impact Of Women, Artists Of Color And LGBTQ On Industry Amid Disney Dont Say Gay Backlash PGA Awards. Now, of course, taking Chapek took on the role of CEO back in February of 2020 from Bob Iger, right before the entire world shut down due to the COVID-19 pandemic. Disney CEO Denies Political Leanings Following Gina Carano Firing During annual shareholder call, CEO Bob Chapek maintains the media giant isnt left leaning or right leaning, but instead stands for the universal values of respect, decency, integrity, and inclusion.

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