Abigail Disney talks to Rolling Stone about her family company’s CEO Bob Iger and his anti-strike comments, protesting private jet usage, and more.
You’re a movie producer and this is a historic time in Hollywood. Both the actors guild and writers guild are striking simultaneously for the first time since 1960, when Ronald Reagan was president of SAG.
I’m in the writers guild. This is a very big moment. We’re now trying to restructure the relationship between the people who pull the revenues in and the people who generate the revenues. First came Spotify and thenfollowed, and they reduced the number of monetization events in the life of a piece of media. So, you don’t have the DVD market, foreign sales, and syndication.
As a documentary filmmaker, I can tell you that we are in such turmoil right now. We were always subject to the whims of the platform, and now the platforms don’t know which way is up — and all they’re buying is true crime. And when I saw “the model is broken,” I’m not just talking about media but American business in general. Revenues pay for your business concerns, reimburse people, pay your taxes, and whatever’s left from that belongs to management and shareholders. That model is broken.
I wanted to discuss Disney CEO Bob Iger’s recent comments. He called the strikers’ asks not “realistic” and even invoked the Covid pandemic to say that strikers were adding to the industry “disruption” caused by Covid. And to do it from the Sun Valley Conference, or the “summer camp for billionaires,” just seemed next-level out of touch..
Bob Iger, CEO of Disney, walks to lunch at the Allen & Company Sun Valley Conference on July 13, 2023, in Sun Valley, Idaho.Oh, that’s such a hard thing to say. And obviously, if I say “no” to that question, that will haunt me on Google for the rest of my life. It’s really hard to say. I’ll say that what we need now isn’t what we’ve been needing for the last forty years because it’s just a very different climate.
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