{"id":516309,"date":"2022-11-25T20:36:37","date_gmt":"2022-11-25T17:36:37","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bob-iger-cant-wave-a-magic-wand-to-change-disneys-structural-problems-analyst-video\/"},"modified":"2022-11-25T20:36:37","modified_gmt":"2022-11-25T17:36:37","slug":"bob-iger-cant-wave-a-magic-wand-to-change-disneys-structural-problems-analyst-video","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bob-iger-cant-wave-a-magic-wand-to-change-disneys-structural-problems-analyst-video\/","title":{"rendered":"#Bob Iger can&#8217;t wave a &#8216;magic wand&#8217; to change Disney&#8217;s structural problems: Analyst [Video]"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2f332d5e1c3\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2f332d5e1c3\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/bob-iger-cant-wave-a-magic-wand-to-change-disneys-structural-problems-analyst-video\/#Bob_Iger_cant_wave_a_%E2%80%98magic_wand_to_change_Disneys_structural_problems_Analyst_Video\" >Bob Iger can&#8217;t wave a &#8216;magic wand&#8217; to change Disney&#8217;s structural problems: Analyst [Video]<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/bob-iger-cant-wave-a-magic-wand-to-change-disneys-structural-problems-analyst-video\/#Bob_Iger_legacy_%E2%80%98on_the_line\" >Bob Iger legacy &#8216;on the line&#8217;<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"Bob_Iger_cant_wave_a_%E2%80%98magic_wand_to_change_Disneys_structural_problems_Analyst_Video\"><\/span>Bob Iger can&#8217;t wave a &#8216;magic wand&#8217; to change Disney&#8217;s structural problems: Analyst [Video]<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>Disney&#8217;s (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/quote\/DIS?p=DIS&amp;.tsrc=fin-srch\" data-ylk=\"slk:DIS\" class=\"link rapid-noclick-resp\">DIS<\/a>) Bob Iger will be inheriting <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/bob-iger-disney-ceo-first-question-171201311.html\" data-ylk=\"slk:quite a mess;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link rapid-noclick-resp yahoo-link\">quite a mess<\/a> as he <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/bob-iger-returns-as-disney-ceo-in-shocking-shakeup-041244009.html\" data-ylk=\"slk:reassumes the;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link rapid-noclick-resp yahoo-link\">reassumes the<\/a> CEO position at a company he led for 15 years.<\/p>\n<p>&#8220;Disney&#8217;s problems are more structural than they are related to who&#8217;s running the company,&#8221; Doug Cruetz, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a> analyst at Cowen, told Yahoo Finance Live.<\/p>\n<p>Cruetz listed several fundamental concerns, including a declining linear business, which has been tethered to an <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/disney-spin-off-espn-analyst-bob-iger-185018755.html\" data-ylk=\"slk:increasingly costly sports business at ESPN;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link rapid-noclick-resp yahoo-link\">increasingly costly sports business at ESPN<\/a>, in addition to a streaming unit bleeding money amid an ultra-competitive environment.<\/p>\n<p>&#8220;I don&#8217;t think there&#8217;s any magic wand that by Bob Iger can wave to change that,&#8221; the analyst stated.<\/p>\n<p>In its most recent fiscal year, losses for Disney&#8217;s direct-to-consumer unit, which includes Disney+, Hulu, and ESPN+, totaled $4 billion for the year.<\/p>\n<p>The streaming division lost <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/disney-earnings-q4-fourth-quarter-results-164357146.html\" data-ylk=\"slk:a combined $1.5 billion in the company's latest quarter;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link rapid-noclick-resp yahoo-link\">a combined $1.5 billion in the company&#8217;s latest quarter<\/a>, missing expectations and sending shares down more than 10% following the results. Shortly after these results, Disney established <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/disney-cost-structure-taskforce-hiring-freeze-memo-160143155.html\" data-ylk='slk:\"a cost structure taskforce\";outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;' class=\"link rapid-noclick-resp yahoo-link\">&#8220;a cost structure taskforce&#8221;<\/a> under former CEO Bob Chapek to help the streaming division reach its profitability targets.<\/p>\n<p>Iger will hold a town hall with employees on Monday morning, November 28, to discuss the future of the company, along with his business strategy, according to an internal memo obtained by Yahoo Finance.<\/p>\n<p>Earlier this week, Iger gave investors a taste of what seems to be <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/iger-disney-streaming-kareem-daniel-departs-133406169.html\" data-ylk=\"slk:the first step of that strategy;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link rapid-noclick-resp yahoo-link\">the first step of that strategy <\/a>\u2014 firing Kareem Daniel and restructuring Disney&#8217;s Media and Entertainment Distribution (DMED) division. DMED was one of Chapek&#8217;s first big swings as chief executive, but the reorganization was categorized as a controversial move that upset longtime veterans and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/variety.com\/2021\/film\/news\/disney-bob-chapek-bob-iger-reorganization-1234971562\/\" data-ylk=\"slk:reportedly\" class=\"link rapid-noclick-resp\">reportedly<\/a> &#8220;confused&#8221; workers.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bob_Iger_legacy_%E2%80%98on_the_line\"><\/span><strong>Bob Iger legacy &#8216;on the line&#8217;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Iger spent more than four decades at Disney, including 15 years as CEO.<\/p>\n<p>According to the company, the 71-year-old will serve as CEO for two years, with a mandate from the Board to &#8220;set the strategic direction for renewed growth and to work closely with the Board in developing a successor to lead the Company at the completion of his term.&#8221;<\/p>\n<p>Cruetz said Iger&#8217;s return felt a bit odd as he&#8217;s putting his once squeaky clean reputation on the line.<\/p>\n<p>&#8220;I really thought Iger was sort of brilliant for getting Disney+ launched, getting all the subs, and then stepping aside and letting someone else be responsible for making it profitable, which was always going to be the harder job,&#8221; he said.<\/p>\n<p>&#8220;Now he owns it again, so he&#8217;s [putting] his own legacy a bit at risk here.&#8221;<\/p>\n<figure class=\"caas-figure\">\n<div class=\"caas-figure-with-pb\" style=\"max-height: 803px\">\n<div>\n<div class=\"caas-img-container caas-img-loader\" style=\"padding-bottom:65%;\"><img decoding=\"async\" class=\"caas-img caas-lazy has-preview\" alt=\"Walt Disney CEO Bob Iger attends the European premiere of \" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/HpKFDEiWtIPbV6wZ4Bleaw--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyNDI7aD04MDM-\/https:\/\/media.zenfs.com\/en\/aol_yahoo_finance_433\/c3481652a52be76536d0ce19c5766dbc\"><noscript><img decoding=\"async\" alt=\"Walt Disney CEO Bob Iger attends the European premiere of \" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/HpKFDEiWtIPbV6wZ4Bleaw--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyNDI7aD04MDM-\/https:\/\/media.zenfs.com\/en\/aol_yahoo_finance_433\/c3481652a52be76536d0ce19c5766dbc\" class=\"caas-img\"><\/noscript><\/div>\n<\/div>\n<\/div>\n<p><figcaption class=\"caption-collapse\">Walt Disney CEO Bob Iger attends the European premiere of &#8220;The Lion King&#8221; in London, Britain July 14, 2019. REUTERS\/Henry Nicholls<\/figcaption><\/p>\n<\/figure>\n<p>The analyst added Iger&#8217;s return will also complicate the journey in finding a long-term CEO, explaining: &#8220;For Iger to come back after just a few years and retake control, whoever is the next CEO of Disney, they&#8217;re going to be looking over their shoulder from day one wondering if they&#8217;re really the CEO of the company or if they&#8217;re going to get pushed out like Chapek did.&#8221;<\/p>\n<p>&#8220;That&#8217;s not a great position for Disney to be in if they&#8217;re trying to find a person who can lead the company successfully, starting in 2024 and forward,&#8221; Cruetz cautioned.<\/p>\n<p>Ultimately, Cruetz said Chapek&#8217;s biggest problem is one that will likely plague other potential candidates: &#8220;He wasn&#8217;t Bob Iger.&#8221;<\/p>\n<p><strong><em>Alexandra is a Senior Entertainment and Media Reporter at Yahoo Finance. 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