Newly reinstated Disney CEO Bob Iger’s first town hall touched on several hot topics: a planned hiring freeze, the profitability of Disney’s streaming portfolio, and the corporate giant’s stance on LGBTQ+ inclusion.
Company on Monday — sealing it with a Tweet and addressing a rapt audience of employees at a companywide meeting.on his personal Twitter account, attaching a photo of the studio lot’s Disney Legends Plaza, a building on which the 7 dwarves from “Snow White” serve as pillars.
The latter was an achilles heel for Chapek in his roughly two-year run as CEO. After floating the message that Disney should not be involved in politics, employees and content creators led a full-on social media rebellion decrying his silence on issues like Florida’s incendiary policies on trans children and classroom policies in acknowledging queer people.
The remarks were tweeted by numerous employees at the content studios, as well as parks and stores. One stafferthat Iger’s answer came with “no hesitation.” Two sources familiar with the meeting confirmed his comments. Since Chapek’s firing, many on Wall Street and in media circles have been entertaining ideas of a significant transaction surrounding Disney, including acquisitions to service its reported $5.5 billion in debt, or an outright sale to a tech monolith like Apple. Iger shot down those rumors, calling the Apple scenario pure speculation, and cautioned employees not to expect any new purchases .
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