Bob Iger’s back. What does that mean for Disney+? TVMoJoe writes
the news was. Even now, three days later, folks in Hollywood are still trying to wrap their heads around what it will all mean for one of the world’s biggest entertainment conglomerates., the exec Chapek had basically put in charge of Disney’s streaming business. He also sent a memo to staffers saying he plans to dismantle, or at least radically rethink, the Disney Media and Entertainment Distribution unit that had been led by Daniel.
Of course, not long after Iger made those remarks in January, Wall Street seemingly had a complete change of heart in how it measures success in streaming. Whereas subscriber numbers were once of paramount importance, investors are now demanding to see profits, which is why Netflix’s stock price collapsed this spring and why Chapek now finds himself out of a job.
This suit doesn’t argue with the logic of Iger’s 2017 decision to bring that content back home. “When you say, ‘Hey, it’s all in one place,’ it’s a great value proposition for consumers,” he says. But now that Disney+ is so much more established, “Whoever was going to sign up for that library already has.
Swisher interview this year — a September appearance at Vox’s final Code Conference — Iger made it clear he thought broadcast and cable networks were not going to hang on. “Linear TV is marching towards a great precipice and it will be pushed off,”. “I can’t tell you when, but it goes away.” This might not be a new opinion for Iger, but now that he’s back in charge of Disney, it could well inform how he handles its biggest linear platforms, most notably ABC and ESPN.
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