*Walt Disney CEO Bob Iger is reportedly “overwhelmed and exhausted” trying to rebuild the brand as the company’s “woke agenda” and content with political messages has caused quite the ruckus.
According to Reuters, Iger recently announced that he intends to step down when his contract ends in 2026.
American Insider reports that John Nolte of Breitbart News said, “Every single one of Disney’s problems comes down to its obsessive left-wing political, social, and sexual agenda, which is deliberately aimed at innocent little kids.”
“Forbes points out that Disney’s failing streaming service, Disney+, has already lost two billion — with a “B” — dollars this year but doesn’t bother to point out why. We all know why. The content sucks,” he added.
Less than a year after he retired, Iger returned to Disney as CEO in November 2022 to restructure the company. Still, insiders claim he struggles to get business back on track. There are also reports that he is running out of time to save Disney stock.
Disney CEO Bob Iger ‘overwhelmed and exhausted’ during company slump: report https://t.co/w6IORaAxBx pic.twitter.com/6WOe1ydZXp
— New York Post (@nypost) October 10, 2023
The company’s television networks (such as ABC) are steadily losing viewership. During his appearance at the New York Times Dealbook Conference, Iger said Disney made too many sequels and called Marvel’s slew of series streaming on Disney+ a “mistake.”
“Quantity, in our case, limited quality, and Marvel suffered greatly from it,” Iger said, according to Reuters.
Iger noted that the lack of supervision on the “The Marvels” set due to the COVID pandemic was one reason for the movie’s recent box office failure.
“There wasn’t as much supervision on the set, so to speak, where we have executives [that are] really looking over what’s being done day after day after day,” Iger said at the summit.
As Reuters reports, Iger acknowledged that Disney’s issues were “much more challenging than I expected” but added: “I’m not daunted by it. It’s just a lot more work.”
Meanwhile, Elon Musk is calling for Iger to be fired.
READ MORE: Disney Executive Kareem Daniel Out After Return of CEO Bob Iger
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