It’s been nearly a year since Bob Iger orchestrated his own rather questionable return, at 71, to the corner office of The Walt Disney Company, and since then everything appears to be coming apart at the seams—the stock price, the succession drama, the deteriorating macroeconomic conditions, the ongoing work stoppages, and even the recent ugly dispute with Charter, where both sides emerged battle-scarred and claiming a Pyrrhic victory. (We don’t know yet the economics of the Disney+ revenue sharing agreement, but Disney essentially waved a white flag on its third tier channels. Meanwhile, 15 million viewers in L.A. and New York were seriously pissed about not getting to watch the second week of the U.S. Open.) There’s more, obviously: the ill-advised CNBC interview at Sun Valley; the impolitic commentary about the strikes; the sputtering quality of the movie production. I could go on.
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