Ousted Disney CEO Bob Chapek shares insights on recent developments at the company

Mar 21, 2024 in "The Walt Disney Company"

Posted: Thursday March 21, 2024 10:00am ET by WDWMAGIC Staff

Former Walt Disney Co. CEO Bob Chapek has taken part in a new CNBC documentary, "ESPN's Fight for Dominance."

In the 20-minute interview, Chapek discusses ESPN's digital strategy and gives his opinions on Iger's suggestion that he may consider selling a minority stake in ESPN to strengthen the sports network's content.

In this first major interview since leaving Disney in 2022, Chapek was keen to discuss ESPN but declined to comment on anything other than ESPN's future for the CNBC documentary.

You can watch a portion of the interview below.

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Basil of Baker Street1 day ago

Fun Fact. He's ruining the parks AND failing the investors.

flynnibus2 days ago

Well… they could say he’s doing the market focused/motivate moves…. But still failing to achieve market success…

Sir_Cliff2 days ago

I'll never quite understand Disney fans complaining Iger is a soulless, money grubbing executive who puts short-term profits above all else and has thus ruined the parks, then using Wall Street investors as a barometer for whether he's making the right moves. This kind of obsession with stock prices and quarterly earning reports having to grow ever higher for all eternity is far more of a problem than Iger.

TrainsOfDisney2 days ago

The Penguin IS the bartender!!!

networkpro2 days ago

Yep, it wasn't sector wide. Some are doing fine. Some heads admit that they've made mistakes and actually do something to recover like David Zaslav.

Basil of Baker Street2 days ago

Whaaat? Two days? Lets do 10 years Bartender. I'll have what the penguin is having.

MisterPenguin2 days ago

Ya sure it's Disney's fault? ;)

Basil of Baker Street2 days ago

Hey Disney, You're dragging down my total market ETFs

HauntedPirate2 days ago

Nothing wrong with some Arb's. Double roast beef sammich, Arby's sauce, plus a large curly fry. And a Coke Zero.

monothingie2 days ago

Well I did go to Arby's for lunch. So I may have lost more than one thing.

Lilofan2 days ago

Overall market today , yes, but long term investing my monies are far working harder and earning more than I will ever in countless lifetimes!

Sirwalterraleigh2 days ago

Anyone else losing money today?

Trauma2 days ago

With such a horribly mismanaged company it’s hard to set a buy target for this. I guess I would feel comfortable at anything under $70. Company of course has a huge upside if better leadership takes over.

Sirwalterraleigh2 days ago

…great call