Michael Arnold. Those three acquisitions, which cost Disney roughly $15 billion, combined, turned Disney into an intellectual property behemoth. 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 email came two days after the companys annual shareholder meeting, during which Chapek explained that the company had long opposed the Florida bill but opted to work behind the scenes rather than make a public statement. DeSantis backs down from his commitment to doing whats best for Floridas children and parents. New Trailer Drops For Olaf Short Once Upon A Snowman, Wine Bar George at Disney Springs Offering Brunch Starting March 30th. 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. Disney had already been under fire from the bills critics over its contributions to the bills GOP sponsors, including $11,000 over the last 12 years to GOP state Sen. Dennis Baxley of Ocala. 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. Periodically, we must employ comment moderation due to an influx of spammers. He got played here. But that's neither good nor bad. Fridays move came after Chapek announced in a Disney shareholder meeting Wednesday that the company would pledge $5 million to LGBTQ organizations focused on legal protections for the community a donation HRC rejected the same day. Powered and implemented byFactSet Digital Solutions. "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. Sign up for free newsletters and get more CNBC delivered to your inbox. Specialty Preview, Ozy Media Closes In Wake Of Founder Carlos Watson Scandal, TikTok Introduces New Feature To Limit Screen Time For Teens, Prolific Actor Dies At 61 After Aneurysm; Hollywood Reax + Career In Photos, Eyes $51M+ Opening In U.S., A Record For Rocky Spinoff Franchise & Amazon, SAG-AFTRA And Casting Directors Weigh In On Self-Tape Controversy, Oscar Winner Guillermo del Toro On The Films That Lit His Fuse. Disney this week said it will work to repeal the legislation in Florida because it's dedicated to standing up for the rights and safety of the LGBTQ+ community. Send us a tip using our annonymous form. Ron DeSantis over the pressure he was facing to weigh in against Floridas Parental Rights Education bill, known as the Dont Say Gay bill, according to DeSantis new memoir. Iger planned to run for POTUS at one point. The streaming service launched in November. Ron DeSantis. Walt Disney Co. CEO Bob Chapek apologized to employees at the company for the companys handling of Floridas so-called Dont Say Gay bill and said that it would "Once we did the deal, in fact, in the months before he died he came to he and his wife, Laurene, came to our house. this site provides a list of businesses that are too woke and could cancel a client or a contract just for ones opinions on LGBTQ or race or something like that. Marketing cookies are used to track visitors across websites. Colleagues perceive former CEO Bob Iger as a highly political person with an acute mind for such situations. 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. Legal Statement. In a letter sent to Disney workers, Chapek said the bill was not just an issue about a bill in Florida, but instead yet another challenge to basic human rights., You needed me to be a stronger ally in the fight for equal rights and I let you down, he wrote. Chapek walked back his previous statement to employees that the company could fight against bigotry through its creative content, saying Disney needed to be standing up for the rights of all.. Chapek has not commented on the DeSantis report. 2023 Deadline Hollywood, LLC. In a span of a month, Disney went from hiring the actress for a Tower of Terror movie to calling her ungrateful and selfishthe week she was having a baby. "That was an early sign that it was time. DeSantis published the conversation with Chapek in his memoir, The Courage to be Free: Floridas Blueprint for American Revival, shared with Fox News Digital. The bias is blatant.. Disney CEO Bob Chapek downplayed criticism of ABC News. (Gerardo Mora / Getty Images) Under pressure from LGBTQ activists and progressive employees some of whom who have walked out of the job in protest I am sorry.. 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.". 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. Ousted Disney chief executive Bob Chapek is set to receive a hefty paycheck following his exit. He agreed that the company should stand up more for the LGBTQ+ community in pursuit of more meaningful and lasting change. Im a devout believer that the least excusable mistakes stem from self-inflicted wounds and unforced errors. The bill bars teachers from discussingLGBTQtopics like sexual orientation or gender identity with students until after third grade. With Jobs, Iger said he "was never disappointed" with Disney's integration of Pixar. In addition to pledging to enlist an outside adviser to guide the companys efforts, Chapek also is creating a companywide task force led by studios SVP Global Communications Paul Roeder and Disney Parks marketing executive Lisa Becket. All Rights Reserved. By subscribing, I agree to the Terms of Use and Privacy Policy. Disneys decision to fold under the pressure of the lying-Left is disappointing.. It would allow parents to sue school districts for what it perceives to be violations of this law. Bob Iger, the former Disney CEO whose decades-long tenure at the company ended in December, tweeted his opposition to the legislation weeks ago. Got a confidential news tip? It wasn't the reason I left, but it was a contributing factor.". The Parental Rights in Education bill has passed the Florida Legislature and awaits the signature of Gov. Still, DeSantis has continued to claim that Chapeks opposition is only because he hadnt bothered to read the bill, according to a DeSantis campaign email sent Thursday. All Rights Reserved. Contribution or redistributed. All Rights Reserved. When everything is fine, but you unintentionally create your own drama, thats a sign that youre your own worst enemy. Unfortunately, theresnothing inclusive about the Dont Say Gay bill. October 26, 2021 at 5:36 On top of the stock woes, Disney CEO Bob Chapek has become a punching bag for cultural critics. Im with the President on this! Igerwrote. That argument is correct, independent of where you may fall on the political spectrum. Get our latest storiesin the feed of your favorite networks. Conversely, Chapek believes that his best approach is to avoid politics altogether, a legitimate impossibility for a company like Disney. Corporate statements do very little to change outcomes or minds, he wrote, and are often weaponized by one side or the other to further divide. So what Disney says means nothing? Some folks took offense at that, which isdefinitely a take. Original story, Wednesday morning: Disney CEO Bob Chapek said during the companys shareholders meeting on Wednesday that he will be meeting with Florida Gov. Who would have ever thought Walts dream would be so screwed up. Bob Chapek was tapped on Tuesday to succeedlong-time Disney CEO Bob Iger. Disney is still evil and still pushing CRT. Bob Chapek was initially silent on Floridas controversial bill barring discussions of gender identity in school classrooms. We want to hear from you. Despite the acrimony this month and a rare public clash last summer with an A-list star, Scarlett Johansson the company has been rebuilding after the depths of the pandemic and posted stellar financial results in February for its most recent quarter. "Bob [Chapek] is going to address them probably differently perhaps than I may have. What about the Disney black list? he asked. He will officially give up his chairman role at the end of the year. It fit into the larger corporate campaign known as Reimagine Tomorrow, which aims to emphasize Disneys commitment to diversity and inclusion. Californias governor has similarly stated his desire to keep Disney on the West Coast in a place that actually represents the values of your workers.. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Political Campaign Contributions. For all other types of cookies we need your permission. Chapek has a career as an American media executive. He knew how to grow the business while adjusting to the changing marketplace, which was intense." Disney has intentionally left some fans behind, but it may need them later. I truly believe we are an infinitely better and stronger company because of our LGBTQ+ community, he wrote. We need Disneys partnership in getting the bills heading to [Gov. "Bob is probably the best qualified person in the company to take this job," Michael Nathanson, senior research analyst at MoffettNathanson, said on CNBC's "Closing Bell" Tuesday. He stepped down last year as CEO, succeeded by Bob Chapek, but has stayed on as chairman through the coronavirus pandemic. Robert ChapekPolitical Campaign Contributions2016 Election Cycle. Wright was disciplined after higher-ups at ABC News reviewedfootagein whichWright described himself as a "socialist" and criticized the network for the way in which it chooses to present the news. Knowing my grandchildren will never experienced true Disney magic without political agendas. Timing 'surprising' says senior analyst on Bob Iger stepping down. Ron DeSantis. Many of them have led to price increases. Former Disney CEO Bob Chapek privately complained to Florida Gov. Mutual Fund and ETF data provided byRefinitiv Lipper. Employees were walking out in protest and ranting to the media. March 7th, 2022 Then-Disney CEO Bob Chapek comments further on the matter via an internal Disney memo. 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. 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 stays) to political parties, and theyve hired lobbyists. The bias is blatant. The controversial Project Veritas is the same group that published footage of ABC anchor Amy Robach claiming ABC News executives killeda story that would have exposed the now-deceased sex offenderJeffrey Epsteinthree years ago. There is no question that Chapek was under tremendous pressure. WebCanada Disney CEO Bob Chapek Apologizes to LGBTQ Employees, Announces Pause for Political Donations in Florida variety This thread is archived New comments cannot be posted and votes cannot be cast 29K 7 1.6K Related Topics Politics 1.6K comments Best AutoModerator 1 yr. ago As a reminder, this subreddit is for civil discussion. ", Florida Gov. This year, Mr. Chapek contended with one crisis after another, some of his own making. 02:35. In it, the Disney leader said the company had not released a public statement condemning the bill, which was passed by the state legislation Tuesday and has been sent to DeSantis desk to be signed, because they are often weaponized by one side or the other to further divide and inflame., Sign up for THR news straight to your inbox every day. By submitting your email to receive this newsletter, you agree to our. On Monday, Disney and CEO Bob Chapek sent an internal memo following reports that the company had donated thousands of dollars to Florida representatives At the time, I dismissed those concerns, as Chapek had headed Disneys lucrative home video division. Kathleen Kennedy Cites Impact Of Women, Artists Of Color And LGBTQ On Industry Amid Disney Dont Say Gay Backlash PGA Awards. Instead, DeSantis blasted the company as woke and in bed with Chinese communists at an exclusive event publicized on Fox News. Even so, Disney has strengthened the belief that its park price increases are out of control. I am sorry. "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. It sounds about right. That philosophy applies to Disneys park behavior during the pandemic as well. Deadline is a part of Penske Media Corporation. Chief executive Bob Chapek doesnt think so. These cast members were already reticent to uproot their lives for Disney. bob chapek political party (2022) Harriet Jacobs Children, Slick Slider Arrow Position , Wagon Wheel Old Crow Medicine Show Chords , World Most Perfect Face Male 2020 , How To Become An Affiliate Marketer , Abcmouse Increase Difficulty , Parotid Gland "If I werent a shareholder, Id find it amusing. You will be redirected back to your article in, David Lindley Dies: Session Star And Multi-Instrumentalist With Jackson Browne, Bob Dylan Was 78, Film Independent Spirit Awards: Livestream + Latest Winners List, Will Moviegoers Lend An Ear To Children Of The Corn Remake? 2023 CNBC LLC. Additionally, the outbreak continues to threaten the global economy and worldwide travel. 2023 FOX News Network, LLC. 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. Ron DeSantis, who accused the company of being woke a day earlier for opposing the bill. DeSantis wrotethat Chapek and Disney ultimately caved to leftist media and activist pressure and pressed the false narrative against the bill.. What I suspect is that the people who formerly approved such shows arent with the company now. "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. Look no further! Iger also discussed his strategy around buying animation studio Pixar, comic book and action hero company Marvel Entertainment, and Lucasfilm, home of Star Wars. ", Nothing in the Florida legislation itself mentions the word gay. I can assure you of that. "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. All rights reserved. 2023 Deadline Hollywood, LLC. In "The Courage to Be Free," the governor describes a conversation with former CEO Bob Chapek about Disney's political activities. Source: Chapek released Black Widow on Disney+ without checking whether the films star, Scarlett Johansson, minded. (Getty Images. CEO Bob Chapek is less willing than Bob Iger to take public political stands including LGBTQ (The PAC splits its gifts equally between the parties.) He did not want Disney to get involved, but he was getting a lot of pressure to weigh in against the bill, DeSantis writes. Get latest updates political news from Central Florida and across the state. Chapek's promotion comes at a time when Disney is facing challenges from the global coronavirus outbreak. Bob Chapek at the Pinocchio premiere in December 2022. Florida Gov. "You needed me to be a stronger ally in the fight for equal rights and I let you down," Chapek said in a statement on March. But Chapek stayed positive and dismissed the other criticism, saying ABC News has a stellar track record of being objective and reporting the news and will continue to do so in the future., ABC NEW SUSPENDS MATT GUTMAN FOR FALSELY REPORTING ALL OF KOBE BRYANT'S CHILDREN WERE ON DOOMED HELICOPTER, "Meet the new boss, same as the old boss," Danhof told Fox News following the meeting, referencing a famous The Who lyric. WATCH LIVE WATCH IN THE APP. 11. Iger will assume the role of executive chairman. "I didn't do the deal myself, but it was singular in terms of the pursuit one on one in some cases being as candid as I possibly could be, and I think as authentic as I could be, and developing a relationship, even if it was developed over a relatively brief period of time.". On Monday, Disney and CEO Bob Chapek sent an internal memo following reports that the company had donated thousands of dollars to Florida representatives that supported and voted for the Parental Rights in Education bill. Ron DeSantis speaks at a press conference at the Eau Gallie High School aviation hangar on March 22, 2021. Photo Credit: AP Photo/Richard Drew, File. Its just a bit more subtle. Bob Chapek (C) Chairman of Parks, Experiences, and Products for the Walt Disney Company speaks during the dedication ceremony for the "Rise of the Resistance" attraction opening at Galaxy's Edge at Disneys Hollywood Studios on December 04, 2019 in Orlando, Florida. (It was fully repealed in December 2020. 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. Pixar deal completed to show Disney employees it was a new day, says former CEO Bob Iger, Disney's Bob Iger: Leaving during Covid was unfortunate timing, Charley Gallay | Getty Images; Patrick T. Fallon | Bloomberg | Getty Images, App-based entertainment is replacing linear channels like traditional media, says fmr.