That argument is correct, independent of where you may fall on the political spectrum. Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies. This caused #FireGinaCarano to trend and eventually, she was. The original town hall event was announced on March 2, and then on Friday was moved to today so people could attend Tuesdays walkout if they so chose. Then, Chapek prioritized Disney+ as the core business model for the entire company. 02:12. In "The Courage to Be Free," the governor describes a conversation with former CEO Bob Chapek about Disney's political activities. 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. Ron (AP Photo/Kin Cheung / AP Newsroom). "Floridas HB 1557, also known as the Dont Say Gay bill, should never have passed and should never have been signed into law," the Disney statement said. Employees were walking out in protest and ranting to the media. Copyright 2021, Launchpad Digital Network, LLC. 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. If Disney had merely maintained the status quo, a multi-coastal business operation, none of these headlines would dominate the media. 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.. In "The Courage to Be Free," the governor describes a conversation with former CEO Bob Chapek about Disney's political activities. Chapek has also personally condemned the bill most vigorously, albeit a week too late. Chapek is a liar. Chapek was replaced by longtime CEO Bob Iger in late 2022. We cant say if he told DeSantis, but why wouldnt he tell him? He states his positions situationally for his personal profit. Wright then expounded at length on his political views. The debut of "Disney Enchantment" during "The World's Most Magical Celebration" Walt Disney World Resort 50th Anniversary at Magic Kingdom on Sept. 30, 2021, in Orlando, Florida. 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. This material may not be published, broadcast, rewritten, or redistributed. This choice cost her tens of millions of dollars, as her contract rewarded her with a split of box office revenue. However, one of them provedregrettable. Chapek cared too much about his needs and not enough about those of others. While Iger didn't speak about specific decisions, he said he was increasingly invalidating points from co-workers because he'd "heard every argument before." Bob Iger, the former Disney CEO whose decades-long tenure at the company ended in December, tweeted his opposition to the legislation weeks ago. Florida governor Ron DeSantis is calling out former Walt Disney Co. CEO Bob Chapek. Photo Credit: AP Photo/Richard Drew, File. Bob Chapek at the Pinocchio premiere in December 2022. An amendment from GOP state Sen. Jeff Brandes that would have widened the classroom instruction ban to human sexuality, and not specifically orientation and identity, failed to pass. Initially, complaints arose about the fact that Disney wasnt letting the drill team wear their headdresses. March 7th, 2022 Then-Disney CEO Bob Chapek comments further on the matter via an internal Disney memo. 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. Ray Keating, an economist and editor of DisneyBizJournal.com, said when companies dive into politics, it rarely turns out and well. 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.". "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. And Laurene and Steve and [Iger's wife] Willow [Bay] and I sat down at a dinner, and he toasted to the deal we had done some years earlier, convinced that it was the right thing to do for Disney and for Pixar. Now, of course, taking In truth, the only decision I believe Disney shouldnt have made is the removal of Magical Express. 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. Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously. He said the company was increasing support for advocacy Then, the CEO found himself in a public spat with Floridas governor, who recognized an opportunity to score cheap political points off Disney. He said he was overwhelmed by professionalism and objectivity of the news division but admitted Wright said some things on the Project Veritas video to make the company question his objectivity. Many of the workers who have agreed to go to Florida remain in California for the time being. 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. Disney has gotten too expensive.. 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. Florida Gov. The more combustible of those situations unfolded over House Bill 1557, the so-called Dont Say legislation. Heinz, and in advertising at J. Walter Thompson. "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. Subscribe for full access to The Hollywood Reporter, Interim president Joni Madison confirmed she and Bob Chapek "had a very productive conversation about the need for Disney to put real muscle into stopping what's happening to their employees and to their fans.". Mutual Fund and ETF data provided by Refinitiv Lipper. This story has been shared 151,093 times. Bob Chapek was tapped on Tuesday to succeed long-time Disney CEO Bob Iger. "His history in all the divisions that really matter really is very supportive of him taking on that role. Questionable decision-making and actions by Disney post-covid may be why a petition to fire Bob Chapek has been brought to fruition. Signup for Breaking News Alerts & Newsletters. What about the Disney black list? he asked. "Parks is the only business they have, before [streaming], that's direct to consumer.". 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. (It was fully repealed in December 2020. He will be the seventh CEO in Disney's nearly 100-year history. For all other types of cookies we need your permission. I can assure you of that. In addition to addressing Disney directly, Madison also acknowledged that the issue is much larger than the single company. Chapek added, there is so much more work to be done and said he would continue to engage with the LGBTQ community in the coming weeks. Chapek responded by saying that his very first trip after being named the new CEO was to visit ABC News. Political Party Stances; 51% : Florida Gov. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. 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. 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.". 2016 www.independentsentinel.com. We have a multi-language translator on the top left. 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. 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. All rights reserved. It should never have reached that point, though. Disney employees skew toward the pro-vaccine and anti-Dont Say Gay side, which is California, not Florida. Chapek had apologized multiple times to the LGBTQ community and vowed to suspend all political donations in Florida as a result. TV. Disney CEO Chapek Bob Chapek Tuesday said he doesnt really see Disney as characterizing itself as left-leaning or right-leaning responding to a shareholder who It sounds about right. Colleagues perceive former CEO Bob Iger as a highly political person with an acute mind for such situations. We get pressured all the time, Chapek told DeSantis, according to the governors book. The nearly century-old company has been dragged for becoming too politically correct, famously clashing with Republican WebBob Chapek. or redistributed. 2023 The Hollywood Reporter, LLC. But as he reflected on his answers, he realized "times change," and said he was saying no too quickly. REUTERS. Home; Video; Trump Investigations; Right Wing Extremism; Opinion; Impeachment; Corruption; Foreign Policy; The bill bars teachers from discussingLGBTQtopics like sexual orientation or gender identity with students until after third grade. Iger will assume the role of executive chairman. Chapek has been overseeing the company's parks, experiences and products division since those divisions were combined in 2018. Got a confidential news tip? 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. As many of its LGBTQ+ employees get set for a full-day walkout Tuesday, Disney has decided to postpone a management retreat set for next week as it continues efforts to calm internal waters. Who would have ever thought Walts dream would be so screwed up. 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. Iger decided to remain as chairman for nearly the past two years after giving up his CEO role to Chapek in February 2020. Disneys decision to fold under the pressure of the lying-Left is disappointing.. The stockholder, speaking during the Q&A portion of Disneys annual shareholder meeting, noted that co-stars Pedro Pascal and Gina Carano both controversially referenced Nazi Germany in social media comments but only she was removed. I am sorry.. Change isn't necessarily bad.". Disney CEO Bob Chapek is pausing all of the companys political donations in Florida following the passage of the Dont Say Gay bill, a major escalation in his feud By subscribing, I agree to the Terms of Use and Privacy Policy. I was glad to speak to Bob yesterday afternoon, and we had a very productive conversation about the need for Disney to put real muscle into stopping whats happening to their employees and to their fans.. The streaming service launched in November. Chief executive Bob Chapek doesnt think so. The Florida bill hasnt factored into investors views as of yet, though the companys stock has been languishing near a 52-week low. It sounds about right. He lied and supported the victimization of children. After weeks of internal strife and external controversy surrounding the Walt Disney Companys lack of public response to the Dont Say Gay legislation in Florida, Its going to be a recurring theme here. 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. Bob Chapek was born Robert Alan Chapek on August 21, 1960, in Chicago, Illinois, United States. In March, Disney became entangled in a heated dispute with Gov. (ABC/ RANDY SAGER). Chapek wrapped up the session and thanked all of the participants. Iger and the Disney board's decision to give Chapek the job surprised Wall Street and Disney executives, especially after Iger had repeatedly pushed off his retirement to stay as Disney's CEO. Iger acknowledged Chapek likely won't make the same decisions he would have made as future problems arise. The Courage to be Free: Floridas Blueprint for American Revival, Fidelity Finds 401Ks Lost 25% of Their Value in 2022, Biden Says He May Be a White Boy, But Hes Not Stupid, One State Will Make It illegal for Vaccinated Donors to Give Blood, Rumors Are That John Fetterman Is Essentially Brain Dead, Dr. Malone on the Possible US Role in the Development of Coronavirus, They Set Us Up! Bombshell J6 Footage Shows Metro Police Discussion, Prophylaxis Nasal Spray Might Put an End to Vaccines. The Democrat Party was visibly angry, and the media spread lies about the bill being a Dont Say Gay bill. Quotes displayed in real-time or delayed by at least 15 minutes. We need you to be there for us when it is hard and when it counts.. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Everything else is justifiable. We are hard at work creating a new framework for our political giving that will ensure our advocacy better reflects our values. Political Campaign Contributions. Its only temporary and has nothing to do with the content of the comments. 2023 FOX News Network, LLC. Knowing my grandchildren will never experienced true Disney magic without political agendas. 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.. In his book, the Florida governor says the Disney sagas lesson is that in an environment of woke capital where large companies employ their influence to advance left-wing political agendas, old-guard corporate Republicanism is not up to the task at hand.. It wasn't the reason I left, but it was a contributing factor.". Get this delivered to your inbox, and more info about our products and services. Ron DeSantis. What I suspect is that the people who formerly approved such shows arent with the company now. The Mickey-Shaped Treats Trending Right Now! All of the companys three major content suppliers Marvel, Pixar and Lucasfilm have been publicly critical of the companys handling of the situation. He will officially give up his chairman role at the end of the year. Disney CEO Told DeSantis He Didnt Want to Do It. Chapek is almost childlike by comparison. 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.. Speaking to you, reading your messages, and meeting with you have helped me better understand how painful our silence was, Chapek wrote. All rights reserved. It closed todays trading at $138.62, down 1%. The debut of "Disney Enchantment" during "The World's Most Magical Celebration" Walt Disney World Resort 50th Anniversary at Magic Kingdom on Sept. 30, 2021, in Orlando, Florida. All Rights Reserved. The award winning agents at MickeyTravels are ready to help you book a truly magical vacation! REUTERS. 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. 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. Critics have depicted the bill as hurtful to LGBTQ inclusiveness and dubbed it the "Don't Say Gay" bill. Disney CEO Bob Chapek downplayed criticism of ABC News. Parents would be able to sue school districts over the issue. At this point, I felt confident he knew what he was doing because that was the right move. "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.
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