Iran Press/ America: Veteran Disney CEO Bob Iger was reinstalled by The Walt Disney Company’s board just before Thanksgiving 2022. Iger’s return was the board’s attempt to stop the proverbial bleed at Disney following one of the most tumultuous times in the company’s history–one that lasted nearly three years and was rife with challenges posed by an unexpected global pandemic that rendered Disney Parks non-operational, poor financial performance, less-than-optimal revenue, and a major rift between the company and the state of Florida.
And while most diehard fans applauded the removal of then-CEO Bob Chapek and were thrilled with the reinstatement of Iger’s tenure, many of them understood that such a shift at Disney’s discretion meant things within the company were likely more dire than anyone expected. It would be months before they discovered just how well their intuitions had served them.
Iger was called back to right the ship at Disney, to make the company as profitable as it had been prior to Chapek’s administration, and to work on easing tensions between Disney and Florida’s Gov. Ron DeSantis. But just two days after Chapek’s removal, an insider at Disney made headlines when he told a reporter with The Wrap–though in anonymity–that Iger had plans for the ultimate change within the company–a change that would ultimately solve all of Disney’s pesky little problems.
And Iger would bring about that change by selling The Walt Disney Company to another entity entirely.
The insider, who worked with Bob Iger at Disney before Iger retired in December 2021, said the veteran CEO was just the man for the job, as Iger has long been known for the many acquisitions he initiated and oversaw during his 15 years as chief at The Walt Disney Company.
“He’s going to sell the company,” the insider said during an interview. “This is the pinnacle deal for the ultimate dealmaker.” He continued, saying, “Landing a deal with Apple–or some other megabuyer–would also cement Iger’s legacy, [and] I think he’d welcome it.”
But while Apple isn’t interested in playing cat and (Mickey) Mouse, another company looks to be positioning itself for such an acquisition, and very few people are talking about it.
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