[PJ] As Disney's two-time CEO Bob Iger prepares to host the company's annual town hall on Tuesday to provide "hints or guidance for what the next phase of 'building' will bring after the problem-solving phase," it's time to ask if Iger is able "to 'quiet things down' after years of culture wars."
The first quote comes from a Hollywood Reporter item on Monday detailing the company's Wall Street woes. Traders and managers will be watching Iger on Tuesday for "possible color, body language or even outright updates on various topics," ranging from the company's ongoing series of box office flops to troubles at their fabled theme parks.
The second quote is courtesy of Jonathan Turley. His Monday column — almost in time for Adam Smith's 300th birthday — shows how Smith's "invisible hand" has undone the company's woke agenda. Disney is now "negatively associated with activism by a significant number of consumers," Turley writes, and is "even reporting a decline in licensing revenue from products associated with Star Wars, Frozen, Toy Story and Mickey and Friends — iconic and once-unassailable corporate images." |