Upon Iger’s Departure, Disney Suffering From “Crisis of Confidence”

Via DisDining.com

When Bob Iger announced that he would be stepping down as CEO of The Walt Disney Company, he promised that there would be a smooth transition as Bob Chapek took over the role. Well, one pandemic, thousands of layoffs, multiple theme park shutdowns, Cast Member strikes, and multiple lawsuits, the past nearly two years have been anything but smooth.

The Walt Disney Company CEO, Robert Iger arrives for the World premiere of Marvel Studios’ “Avengers: Endgame” at the Los Angeles Convention Center on April 22, 2019 in Los Angeles. (Photo by VALERIE MACON / AFP) (Photo credit should read VALERIE MACON/AFP via Getty Images)

Unfortunately, company executives and shareholders are seeing that things are quite rocky and are leaving and selling their shares to get out. According to a new report from Bloomberg, company stocks have tumbled 16% this year, and the investment company Morgan Stanley says that Disney is suffering from a “crisis of confidence.”

Per Bloomberg:

Wall Street, meanwhile, is growing skeptical that the company’s flagship streaming service, Disney+, will hit Chapek’s target of as many as 260 million subscribers in 2024. Disney shares are down about 16% this year, heading toward their worst annual performance since 2008. Morgan Stanley said the stock is suffering from a “crisis of confidence.”

“The biggest problem that Disney is facing is Disney+ right now,” said Porter Bibb, a veteran media investor. “It’s not a profit segment. It’s kind of stalling in terms of subscribers. And it’s a question mark whether you can put a supremely popular and winning streamer together with comic book characters that keep getting recycled over and over again…

Bill Smead, a Phoenix-based money manager who has owned Disney stock for 20 years, recently sold all of his 191,747 shares. He thinks Chapek will have a tough time delivering the kind of returns Iger did. 

“You never want to be the coach who follows John Wooden,” Smead said, referring to the UCLA basketball legend.

Bob Iger Bob Chapek galaxy's edge

While Disney+ subscription numbers have not climbed as high as the company would have liked, they are still banking on drawing more people in as they add more original programming on the Disney, Marvel, and Lucasfilm ends. Disney recently announced at a shareholder meeting that between Disney+, ESPN+, and Hulu, the company has approximately 180 million subscribers.

Bob Iger’s last day at The Walt Disney Company is December 31, 2o21, and 2022 will mark the first time that Chapek will take the reins on his own, so it remains to be seen whether he can bring back the confidence that the Disney name once instilled in the stock market and shareholders.

‘Home Alone’ Actor Arrested for Allegedly Trying to Strangle Girlfriend

Home Alone news is making headlines, but it’s not the holiday news we want to hear. With just days until Christmas, we’re learning the 1990 Home Alone actor, Devin Ratray has been arrested for alleged domestic assault and battery.

Buzz and Kevin

Former Home Alone and Home Alone 2 actor Devin Ratray played the character, Buzz McCallister. Buzz was the older brother of the film’s star Kevin McCallister (Macaulay Culkin). He was never an especially nice brother as he portrayed the typical older brother that thinks very little of his little brother, especially when he’s in his way during the holidays.

Now, we’re learning Ratray was arrested in Oklahoma City on Wednesday, December 22, 2021, after an altercation with a woman earlier this month.

According to PEOPLE, Ratray was arrested on Wednesday after authorities in Oklahoma City issued a warrant regarding the altercation. Ratray is charged with one count of domestic assault and battery by strangulation and another count of domestic assault and battery, according to online court records.

Ratray, now 44-years-old, “turned himself in and was processed through and bonded out”. His bond was set at $25,000.

The woman who was allegedly Ratray’s girlfriend noted that the two got into an argument at a bar. She left the bar to return to the hotel. Ratray followed her back to the hotel which is where the altercation occurred.

The woman reports that she was punched in the face by Ratray, followed by Ratray covering her mouth and attempting to strangle her.

Home Alone 2

Ratray recently shared that a Home Alone reunion was in the works with some original cast. He also reprised his role as Buzz in the movie Home Sweet Home Alone that recently debuted on Disney+.

iPhone Users Get New Disney+ Perk

Disney recently said that they have over 118 million subscribers — which is incredibly impressive for a streaming service that has only been around for just over 2 years. If you add in the subscribers from ESPN+ and Hulu, the number reaches over 179 million. While subscribers can watch Disney+ on their televisions and laptops, there may be another viewing method that is more popular than both of those — cellphones and tablets.

Subscribers can download the Disney+ app, so they can watch their favorite shows like LokiThe Mandalorian, and Dug Days, whenever they want, wherever they want. And now, those Disney+ subscribers have a really cool feature that they can access with one of the latest Apple updates called SharePlay.

Here is more information on the new feature, per The Verge:

Apple started rolling out its anticipated SharePlay feature to iPhone users with its iOS 15.1 update (and on macOS with the latest Monterey update). SharePlay allows Apple users to sync their playback for supported streaming in FaceTime services so they can watch movies and shows or listen to music together in real-time.

Disney already offers a GroupWatch feature of its own, but SharePlay allows users to FaceTime while doing other things on their Apple devices when a video is playing on their screen. If you’re watching on your iPad, for example, your video will appear as a picture-in-picture tile while you navigate across other apps on your device.

When deciding to use SharePlay with your friends or family, there is one very important thing that you must remember — everyone wanting to utilize SharePlay must have a Disney+ account as well as a compatible Apple device (including iPhone and iPad). It is also important to note that, as with GroupWatch, SharePlay will not support any Disney+ profiles that are kids’ profiles.

The Imagineering Story

SharePlay will work across Disney’s entire catalog, meaning users can watch the newest series and movies as soon as they are released on the streamer, including The Book of Boba Fett and Encanto.

Zachary Levi Reveals How a Small Lie Landed Him His ‘Tangled’ Role

Via DisDining.com

The fog has lifted, and Zachary Levi has at last shown us the light. The actor — best known to Disney fans for voicing the character of Flynn Rider AKA Eugene Fitzherbert in the 2010 film Tangled — revealed in an interview that a lie actually landed him a role in the film. Levi not only voiced Flynn Rider in the original film, but then reprised his role alongside costar Mandy Moore in Tangled: The Series, which premiered in 2017, Tangled Ever After, and more.

Zachary Levi recently sat down with James Corden for his Late Late Show and told the host that Disney originally wanted a British actor for the role of outlaw Flynn Rider. Tangled — based on the Rapunzel fairy tale — creators have said that the film takes place in the 1780s (although evidence in the films points to the 1830s/40s), so they originally wanted actors with British accents to play the lead roles in the film.

Tangled

Levi explained to Corden that he has a penchant for doing accents, so his agent told a small, white lie in order to get him an audition. Levi said:

But no, yes, I did. I was in Tangled for Disney which was such an incredible film and experience. They thought Flynn Rider – the role I ultimately played – they wanted him to have an English accent and they wouldn’t even see American actors. Fortunately, my voiceover agent knew that I did a decent English accent and she fought for me and I got in. I might’ve been one of the only Americans to get in there and then they gave me the job.

Tangled

Levi also revealed that, even though a British actor was originally desired for the role, Disney, for some reason, ended up changing their mind and decided that they wanted Flynn Rider to sound American. That created quite an easy shift for the actor, who is from Lake Charles, Louisiana. Disney also decided to make most of the cast American, which lead to the casting of Mandy Moore as Rapunzel and Donna Murphy as Mother Gothel.

Tangled, Tangled Ever After, Tangled Before Ever After, Rapunzel’s Tangled Adventure, and Tangled: Short Cuts are all available to stream on Disney+. Both Zachary Levi and Mandy Moore reprised their roles as Flynn and Rapunzel for all the films and series.

many Christmas classics facing backlash this year

It seems odd to read the words, “Christmas classics” and “backlash.” Isn’t that what makes them Christmas classics–their staying power, their ability to withstand the test of time, and their knack for bringing us back year after year after year?

This year is a bit different, however, according to Outsider.com, which claims that some “film critics are wanting to cancel several Christmas classics over toxic masculinity, one of them being (the 1946 film) It’s a Wonderful Life.”

Clockwise from top: James Stewart, Donna Reed, Carol Coombs, Jimmy Hawkins, Larry Simms and Karolyn Grimes. (Photo by Herbert Dorfman/Corbis via Getty Images)

You don’t get much more classic than an iconic film written by Frank Capra, starring Jimmy Stewart, Donna Reed, and Lionel Barrymore. The film follows (through the eyes of a trio of angels in Heaven) the life and times of George Bailey of Bedford Falls. George has his whole life planned out until he realizes that he doesn’t. He tends to put the desires, goals, and wishes of others ahead of his own, but that’s because he has the guarantee that there’ll be time to realize his goals soon enough. But “soon enough” never comes, and George winds up living in the same old Bedford Falls, among the same old Bedford Falls folks, even though he had always planned to shake to dust of that “crummy little town” off and “see the world.”

It's a Wonderful Life movie review (1946) | Roger Ebert

George ends up contemplating his life as he stands at the edge of a bridge staring down the turbulent waters below. He considers ending it all before an angel named Clarence who’s yet to earn his wings jumps in the water to “save” George. George finally sees what life on earth would have looked like, had he never been born.

But critics say It’s a Wonderful Life is full of toxic masculinity and should be canceled, much like anything else people find a reason to dislike. Their reason? The horrible George Bailey kisses his wife without getting her permission first. Really?

The most politically incorrect Christmas films revealed | Express Digest

The critics are also up in arms over another Christmas movie that debuted in 1996, called Jingle All the Way (which, by the way, you can catch on the Disney+ streaming app if you’re like me–a terrible person who watches these kinds of things). The film stars Arnold Schwarzenegger and Sinbad, who portray rival characters, each one trying to purchase the coveted hot-ticket toy of the season: a Turbo-Man action figure. Each one has a son at home who’s just got to have a Turbo-Man, and they’ll stop at nothing to get one.

Jingle All The Way Review | Movie - Empire

But the critics and Scrooges who have a problem with this film don’t actually have a problem with the main characters or with their respective plights to be named “Dad of the Year” solely based on their abilities to produce the aforementioned Turbo-Man. Isn’t that “toxic masculinity?” No, they take issue with another character in the film–a minor character, mind you.

“Some people claim that Phil Hartman’s character, Ted, is creepy,” the post from Outsider.com reads. “His unintentional advances on Liz spoil the seasonal film.”

Tim Allen stars as Santa Claus in ‘The Santa Clause.’

And believe it or not, a harmless, happy little Disney Christmas staple, featuring the incomparable voice of Toy Story‘s Buzz Lightyear, is also under siege. Disney’s The Santa Clausestarring Tim Allen, found its way into our festive merriment in 1994, some 27 years ago. But apparently, it took the up-and-coming critics of today to show us the error of our ways.

Critics say the film fosters fat jokes and fat-phobia. So, of course, instead of knowing right from wrong ourselves and learning to be kind to others, we should scrap the film altogether (presumably because we get our morality from a Disney film about a Dad who becomes Santa and gains weight). This is “cancel culture,” people.

Disney classic The Santa Clause is a must-see (again) | Movies | San Luis  Obispo | New Times San Luis Obispo

“Tim Allen plays a toy salesman, Scott Calvin, who assumes the duties of Santa Claus and begins to gain weight to resemble his appearance,” reads the post from Outsider.com. “The sudden weight gain causes many fat jokes, and critics believe this references fatphobia.”