Bob Iger Suddenly Steps Down as CEO

A surprise announcement came yesterday as Disney’s long time CEO Bob Iger suddenly stepped down from his position effective immediately. The unusual move’s announcement was followed by the appointment of Bob Chapek as the new CEO of Disney. Iger confirmed he will stay on as Executive Chairmen until his official retirement at the end of 2021. Rather than continue running the company he will focus his attention on building Disney Plus and managing the entertainment side of the business following the Fox Merger. Continue reading “Bob Iger Suddenly Steps Down as CEO”

Bob Iger Admits George Lucas Hates Disney’s Star Wars and How They Ignored His Vision

Star Wars

Disney’s Star Wars is not in a good spot, to put it mildly. Toy sales, the indomitable juggernaut of the Star Wars brand, continue their downward spiral that began years ago. Star Wars Galaxy’s Edge continues to be virtually empty with reports of the longest line being a two hour wait for the bar. Solo: A Star Wars Story commercially flopped and Disney has already began lowering expectations for ticket sales of Episode 9 with the series going on hiatus after its release. Continue reading “Bob Iger Admits George Lucas Hates Disney’s Star Wars and How They Ignored His Vision”