Bob Chapek's time as the CEO of Disney has been tumultuous, to say the least. You will be redirected back to your article in, Paramount To Pay $122.5M To Settle 2019 Shareholder Lawsuit Over Viacom-CBS Merger, Film Independent Spirit Awards: Livestream + Latest Winners List, posted stellar financial results in February, 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. Before joining Disney, Chapek worked in brand management at ketchup maker H.J. Data is a real-time snapshot *Data is delayed at least 15 minutes. You can look at the comments section for any Disney discussion, and its an inevitable statement from some. By submitting your email to receive this newsletter, you agree to our. Meet a Disney Cast Member Advocating for Accessible Technology, Where Was Grogu During The Sequel Trilogy? DeSantis signed the bill into law last March 28, which prompted Disney to publicly rip the new law and stand with Disneys LGBTQ employees and advocates in Florida. "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.". 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. or redistributed. It should never have reached that point, though. Florida governor Ron DeSantis is calling out former Walt Disney Co. CEO Bob Chapek. 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. It states that "classroom instruction by school personnel or third parties on sexual orientation or gender identity may not occur in kindergarten through grade 3 or in a manner that is not age appropriate or developmentally appropriate for students in accordance with state standards.". Iger also discussed his strategy around buying animation studio Pixar, comic book and action hero company Marvel Entertainment, and Lucasfilm, home of Star Wars. Madison addressed The Walt Disney Companys latest pledge during the LGBTQ advocacy groups annual Los Angeles dinner, held Saturday night at the JW Marriott LA Live Hotel. As always, keep checking back with us here at BlogMickey.com On top of the stock woes, Disney CEO Bob Chapek has become a punching bag for cultural critics. A source familiar with the situation told The Hollywood Reporter that HRC is still in active discussions with Disney around Chapeks initial financial pledge as well as the companys ongoing action around state legislation. 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. Former Disney CEO Bob Chapek privately complained to Florida Gov. 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. Iger will assume the role of executive chairman. When you face challenges and screw up, thats totally understandable. "That was an early sign that it was time. It sounds about right. Bob Chapek Got a confidential news tip? Original story, Wednesday morning: Disney CEO Bob Chapek said during the companys shareholders meeting on Wednesday that he will be meeting with Florida Gov. Still, if the economy ever suddenly suffered a setback, this unforced error would magnify in scope. We have a multi-language translator on the top left. WebOn Monday, Chapek sent a Morrell-approved company-wide email claiming that he preferred to speak through Disney content and behind-the-scenes machinations. Earlier this month, Disney CEO Bob Chapek spoke out on the pro-Trump mob attack on the US Capitol. 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. In lieu of the management retreat, the plan is for the leadership of the media company to go on a listening tour with employees, according to a person familiar with the strategy. 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. Its just a bit more subtle. At this point, I felt confident he knew what he was doing because that was the right move. Ever since Chapek spoke up, critics on the right have condemned Disney as being too "woke" and even talked of boycotting the resort. He states his positions situationally for his personal profit. The bias is blatant. HERITAGE ACTION CALLS OUT DISNEY: 'IT REALLY IS A WOKE WORLD AFTER ALL', "We all have the right to have our voices heard on issues, but not on the shareholders dime.". Shares of the company fell less than 2% in extending trading Tuesday. Speaking to you, reading your messages, and meeting with you have helped me better understand how painful our silence was, Chapek wrote. Disney employees skew toward the pro-vaccine and anti-Dont Say Gay side, which is California, not Florida. He said the company was increasing support for advocacy While Chapek said he spoke with DeSantis by phone and would meet with him, DeSantis spokeswoman Christina Pushaw said Thursday no in-person meeting had been scheduled. 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. 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. Iger said he had to convince founders that he wouldn't disappoint them after completing an acquisition. Would love your thoughts, please comment. 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. Not coincidentally, Chapeks naivet has already caused Disney to take shots from the left AND right on two different matters. Interested in booking a Disney Vacation? A Complete Timeline of the Battle Between Gov. Ron DeSantis and Disney has gotten too expensive.. Disney Chairman Bob Iger is leaving the company at the end of the month. (Getty Images. 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. I am sorry.. All Rights Reserved. News of the postponement came as Disney CEO Bob Chapek conducted a town hall meeting for all employeesMonday. FLORIDIOT: DeSantis Disney lackey thinks tap water makes you gay. Chapeks initial responses to the bill were tepid at best, as he wanted to maintain solid relationships with the legislators. Initially, complaints arose about the fact that Disney wasnt letting the drill team wear their headdresses. FLORIDIOT: DeSantis Disney lackey thinks tap water makes you gay. Were all familiar with the maxim that the sum is greater than the parts. Bob Chapek was tapped on Tuesday to succeedlong-time Disney CEO Bob Iger. 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. Bob Chapek at the Pinocchio premiere in December 2022. ABC NEWS' AMY ROBACH CAUGHT ON HOT MIC SAYING NETWORK SPIKED HER EPSTEIN BOMBSHELL, Danhof asked Chapek directly, What steps can you take to return objectivity to ABC and when can we expect to see balanced coverage return?. This year, Mr. Chapek contended with one crisis after another, some of his own making. Those three acquisitions, which cost Disney roughly $15 billion, combined, turned Disney into an intellectual property behemoth. The Wrap has reported that Imagineers have campaigned for Disney to reconsider. He was the Bob Chapek Signup for Breaking News Alerts & Newsletters. If you dont see your language, email sara@independentsentinel.com we will add it. In truth, the only decision I believe Disney shouldnt have made is the removal of Magical Express. And I think thats a world we should all live in harmony and peace., Disney+ Tops 100 Million Subscribers , CEO Bob Chapek Says. Employees were walking out in protest and ranting to the media. The bill bars teachers from discussingLGBTQtopics like sexual orientation or gender identity with students until after third grade. We need Disneys partnership in getting the bills heading to [Gov. Everything else is justifiable. In addition to pausing political donations to all Florida state representatives pending a review, Chapek also told employees in a company-wide memo that Disney would increase its support for advocacy groups to combat similar legislation in other states and is working on a new framework for its political giving that will ensure our advocacy better reflects our values.. Bob Chapek https://1792exchange.com/spotlightreports/. Its gut-check time for every CEO and company [in] America. We are hard at work creating a new framework for our political giving that will ensure our advocacy better reflects our values. ABC Newsrecently suspended veteran Washington correspondent David Wright for remarks he made that were captured on video byProject Veritas. In that role, he reorganized the business to cut costs and oversaw a number of popular toy crazes from franchises like "Frozen.". 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. John Oliver Calls Bob Chapeks Explanation For Disney Donations To Dont Say Gay Politicians Actively Insulting. Powered and implemented by FactSet Digital Solutions. In March, Disney became entangled in a heated dispute with Gov. Bob Chapek Disney did not return requests for comment. 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. Powered and implemented by FactSet Digital Solutions. I want to be crystal clear: I and the entire leadership team unequivocally stand in support of our LGBTQ+ employees, their families, and their communities. Get latest updates political news from Central Florida and across the state. Bob Chapek Many of the workers who have agreed to go to Florida remain in California for the time being. I thought of this belief in combination with the recent political dust-up Disney experienced. CEO Denies Political Leanings Following Gina Carano 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. The nearly century-old company has been dragged for becoming too politically correct, famously clashing with Republican 2016 Election Cycle. CEO Denies Political Leanings Following Gina Carano This material may not be published, broadcast, rewritten, or redistributed. We get pressured all the time, Chapek told DeSantis, according to the governors book. 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. Chapek didnt speak to the Carano incident directly but said Disney stands for values that are universal: respect, decency, integrity and inclusion and we seek to have the content that we make reflective of the rich diversity of the world we live in. We'll assume you're ok with this, but you can opt-out if you wish. So, Disney had to do many of these things, and I would agree with you. Home; Video; Trump Investigations; Right Wing Extremism; Opinion; Impeachment; Corruption; Foreign Policy; ABC NEWS SUSPENDS DAVID WRIGHT FOR REMARKS MADE IN PROJECT VERITAS VIDEO. According to one attendee, Chapek conceded that Disneys silence wasnt just about Florida. WebBob Chapek. Disney CEO Bob Chapek Announces Pause for Political Giving in 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. Market data provided by Factset. For all other types of cookies we need your permission. In addition to what all Americans witness on a daily basis, Project Veritas has recently exposed numerous examples of ABC journalists admitting that the network bosses repeatedly spike positive stories on President Trump, Danhof said. Some folks took offense at that, which isdefinitely a take. (It was fully repealed in December 2020. We want to hear from you. Critics have depicted the bill as hurtful to LGBTQ inclusiveness and dubbed it the "Don't Say Gay" bill. In November 2022, longtime Disney CEO Bob Iger announced he was replacing Chapek after two years away from the company. 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. What Is Bob Chapek Political Party? He is the guilty party. If passed, this bill will put vulnerable, young LGBTQ people in jeopardy., Biden had tweeted his opposition to legislation designed to attack LGBTQI+ kids.. watch now. Home; Video; Trump Investigations; Right Wing Extremism; Opinion; Impeachment; Corruption; Foreign Policy; And, we are committed to creating a more inclusive company and world, Chapek wrote in a memo to staff in March 2022. We want to hear from you! 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. Disney CEO Bob Chapek downplayed criticism of ABC News. It wasn't the reason I left, but it was a contributing factor.". Chapek DeSantis retaliated by signaling publicly that he would be willing to re-evaluate Disneys special tax district, called Reedy Creek, and favorable corporate agreements due to its insistence on woke political activism. Bob Chapek 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. But, thus far, theyve had no impact on the bottom line, as Disney just claimed its second-best park performance ever for a fiscal quarter. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers. Bob Chapek Political Party Bob Chapek - Wikipedia Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Some cookies are placed by third party services that appear on our pages. 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.". 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? In addition to addressing Disney directly, Madison also acknowledged that the issue is much larger than the single company. Bob Chapek was born Robert Alan Chapek on August 21, 1960, in Chicago, Illinois, United States. "I became a little bit more dismissive of other people's opinions than I should have been," said Iger. 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. When everything is fine, but you unintentionally create your own drama, thats a sign that youre your own worst enemy. Disney hasnt brought back all its union-based performers yet, although it has taken recent steps to do so. They allegedly alsomade the workplace environment hostile. A Complete Timeline of the Battle Between Gov. Ron DeSantis and Greg Abbott on a different front. DeSantis cements takeover of Disney's special Florida district, Send us a tip using our annonymous form. 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. Disneys decision to fold under the pressure of the lying-Left is disappointing.. Chapek and his team had decided that Florida made more sense as a home base. This story has been shared 151,093 times. Here are CEO Bob Chapeks worst five mistakes thus far. However, one of them provedregrettable. "Parks is the only business they have, before [streaming], that's direct to consumer.". 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. The kind of people who were the jokes on Portlandia are now in charge of producing childrens entertainment in America https://t.co/auyihRcdnO, SCOOP: Disney diversity and inclusion manager Vivian Ware says the company has eliminated all mentions of ladies, gentlemen, boys, and girls in its theme parks in order to create that magical moment for children who do not identify with traditional gender roles. As a new CEO, he was easily victimized. He did not want Disney to get involved, but he was getting a lot of pressure to weigh in against the bill, DeSantis writes. 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. It is clear that this is not just an issue about a bill in Florida, but instead yet another challenge to basic human rights, Chapek said at the time. "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. During the evening, Charlee Corra also took the stage and announced that he along with parents Sheri and Roy P. Disney, the great-nephew of Walt Disney, would match $250,000 in donations to HRC. 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. The bills Republican sponsors have also been more openly vocal about LGBTQ students, with Baxley complaining about everybody now all about coming out when youre in school.. Who would have ever thought Walts dream would be so screwed up. He was the chief executive officer (CEO) of The Walt Disney Company from 2020 to 2022. DeSantis cements takeover of Disney's special Florida district, 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? ", WATCH: Disney's Bob Iger turns CEO job to Chapek. 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. 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. I can assure you of that. The Florida bill hasnt factored into investors views as of yet, though the companys stock has been languishing near a 52-week low. Prior to working at the parks, Chapek led Disney's home entertainment business starting in 2009 and led the organization to record-setting performances. 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. He will officially give up his chairman role at the end of the year. 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.. He agreed that the company should stand up more for the LGBTQ+ community in pursuit of more meaningful and lasting change. This performance should never have gone forward. 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. Disney CEO Told DeSantis He Didnt Want to Do It Republicans argued the bill protects parental rights, while Democrats and LGBTQ groups contend it was intentionally vague and could have a chilling effect on teachers and students. Disney to Pause Florida Political Donations Amid Dont Say Gay Deadline is a part of Penske Media Corporation. bob chapek political party Chapek has been overseeing the company's parks, experiences and products division since those divisions were combined in 2018. 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. Chapek Get this delivered to your inbox, and more info about our products and services. During the town hall, Chapek repeated his expression of regret about the companys decision not to take a public stance against the bill, given the large number of its employees it affected. Asked if the Florida GOP wanted to comment about Disneys decision to pull contributions, Helen Aguirre Ferre, executive director of the party, wrote in an email: There is no world in which Gov. All Rights Reserved. Chapek had apologized multiple times to the LGBTQ community and vowed to suspend all political donations in Florida as a result. Someone will be now, though. Iger planned to run for POTUS at one point. News Analysis. The task force will develop strategy and action plans to engage with LGBTQ+ employees, community partners and content creators. As the controversy over the Parental Rights in Education bill was coming to a head, Chapek called me. Disney CEO Bob Chapek is facing a crisis of confidence in his leadership that is fueling an atypical level of turmoil at the top of the worlds largest entertainment company.. We've received your submission. He knew how to grow the business while adjusting to the changing marketplace, which was intense." WATCH: Disney's Bob Iger turns CEO job to Chapek. 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.
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