Iger Reveals Surprising New Policy for Cast Members

In a new email to Disney Cast Members, Iger is continuing the company’s reorganization.

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)

The recently returned Disney CEO Bob Iger took the helm a couple of months ago, with quick shakeups in the company, particularly in the Media & Entertainment Distribution division, which is responsible for Disney+. Disney Executives, including Chapek’s right-hand man, Kareem Daniel, and Arthur Bochner, Chapek’s Chief of Staff and Speech Writer, have left the company.

Bob Iger has diagnosed The Walt Disney Company’s downfall as it was “losing its soul.” Iger himself has said the Disney Parks are too expensive and knows that change needs to be made.

Bob Iger in front of Cinderella Castle

Now, Iger continues on his journey to bring back the magic for the stock dipping company. According to a report, Bob Iger shared the importance of in-person collaboration in an email sent to hybrid Cast Members on Monday, January 9, 2023. The email states:

“As I’ve been meeting with teams throughout the company over the past few months, I’ve been reminded of the tremendous value in being together with the people you work with,” Iger wrote. “As you’ve heard me say many times, creativity is the heart and soul of who we are and what we do at Disney. And in a creative business like ours, nothing can replace the ability to connect, observe, and create with peers that comes from being physically together, nor the opportunity to grow professionally by learning from leaders and mentors.”

The report goes on to note that starting the week of March 1, 2023, hybrid employees must return to corporate offices four days a week.

The Walt Disney Company

Hybrid employees, or work-from-home staff, increased among companies around the globe in 2020 when the COVID-19 pandemic spread. Now, years later, Iger is bringing Disney employees back to the office with this new policy.

While this decision will likely have mixed emotions from Disney’s current hybrid Cast Members, Disney isn’t the only one making this shift in policy. We’ve seen other large companies, such as Twitter and Apple, mandate their employees to return to in-house office time.

James Cameron Calls Partnership With Disney “An Arranged Marriage”

Director James Cameron recently opened up.candidly about what he calls an “arranged marriage” with Disney.  The ‘Avatar’ Director has been daunted in the past, no one expected ‘Titanic, to be a success and it ended up becoming the highest grossing ever, (you’re welcome, Mr. Cameron. As a 7th grade girl full of …whatever 7th grade girls are full of…I saw it in theaters 8 times).  The film held that title for over a decade.  Then along came Avatar and smashed ‘Titanic’s’ record in 2009. ‘Avatar’, of course, is another James Cameron masterpiece.  It holds that title to this day, but he’s hoping (with Disney’s help) to unseat that achievement and blow past it with ‘Avatar: The Way of Water‘. 

Cameron made ‘Avatar’ for Fox in 2009. Before the sequel was filmed, Disney had bought Fox which put the director directly in the hands of the Mouse. How did he feel about that? Positive…for the most part.

“We sort of were led to believe that the ‘Avatar’ overall was one of the jewels in the crown of what Disney was acquiring, so we expected them to be leaning forward and wanting to see what we were all about,” says Cameron. “They were excited by the potential of the new films, especially as it was planned out to be a series of films, a saga over time played out in four movies.”

Cameron excitedly went to work with Disney. In a recent interview he said, “They knew exactly what they were buying on paper, but they didn’t really know us as a production company, and they didn’t really have the really granular ins and outs of how an ‘Avatar’ movie gets made.” So he invited Disney executives on set and was transparent with them about everything that was happening. They developed a good working relationship.  

Then Bob Iger left the company and the director was subject to the creative direction (or lack thereof) of Bob Chapek. “Of course, we were always curious about what the new emphasis would be, and whether we’d get caught in the vortex of Disney+ and talking about shortening windows and all that sort of thing,” he said referring to the extremely short length of time Disney has allowed movies to run exclusively in theaters before sending them to Disney+. This, in Cameron’s eyes, would’ve been disastrous for the film because due to budget overruns, the film needs repeat theatrical views to be a success.

Luckily, by the time ‘Avatar: The Way of Water’ debuted, Iger was back on top. “I don’t want to overplay it, but [Iger and I] always sort of saw eye to eye, so we’re definitely pretty happy with the way things are working out right now,” he states. “For an arranged marriage, I would say it has gone about as well as you could conceivably ask for.” 

The film is currently smashing records but not yet where it needs to be. The film currently has grossed $1.5 billion worldwide, which is no small chunk of change but considering the fact that it had a $2 billion budget, it’s still got a long way to go. You can see ‘Avatar: The Way of Water’ in theaters now. 

Michael Eisner’s Thoughts on The Walt Disney Company

Via DisDining.com

The former Disney CEO Bob Chapek is out, and Bob Iger has returned to take charge of The Walt Disney Company as the new/returning CEO of the business. Iger’s Chief Executive Officer predecessor, Michael Eisner, has taken to social media to reveal his honest thoughts on The Walt Disney Company.

With Disney CEO Bob Iger back, there is a strong sense of optimism returning to Disney fans and Cast Members that had slowly been diminishing during Chapek’s time in office.

While Iger has already diagnosed Disney’s issue as the company was losing its “soul” under Chapek, now the well-liked former Disney CEO, Michael Eisner, is speaking up.

@Michael_Eisner took to social media to share, “The Walt Disney Company has suffered in recent years. This is a good time for us to remember the words of Walt Disney who said, “Everybody falls down. Getting back up is how you learn to walk.”

The tweet comes a few days after Eisner tweeted a welcomed return for Bob Iger. The first tweet caused a slew of Disney fans begging for Eisner to join Iger… to become the Walt and Roy Disney duo that the company so desperately needs right now.

Why is it important to listen to what Eisner has to say? Michael Eisner was with The Walt Disney Company as CEO from September 1984 to September 2005. The duration of Eisner’s career still upholds his strong reputation among Disney fans and stockholders.

Eisner and Iger with Mickey

Much of what Bob Chapek dissolved was actually what Michael Eisner fought to establish for the company, particularly in the Disney Guest experience platform.

Eisner is credited with the complimentary FastPass+ system (now the upcharge Disney Genie+ service), Disney’s Magical Express complimentary airport transportation (now completely gone), and much more.

Eisner was also credited for his hand in additions to the Disney Parks platform, including MGM Studios (now Disney’s Hollywood Studios) at Walt Disney World Resort, Disney’s California Adventure Park at Disneyland Resort, Typhoon Lagoon Water Park at Disney World, and more.

Unlike Bob Chapek’s run as Disney CEO, both Michael Eisner and Bob Iger have continued to be well-liked and well-respected for their contributions to The Walt Disney Company.

With Eisner tweeting his support for the Disney company as it gets back on its feet, the tweet is once again sending Disney fans hoping and dreaming that Eisner will return to join the company.

Eisner and Iger with at Disneyland

While neither Bob Iger nor Michael Eisner have said anything further about the possible CEO duo working for the company jointly again, we understand why Disney fans think they would make a great team.

Bob Iger Pens Heartfelt Note to Employees

November 20 was certainly a shocking day to be a Disney fan. In a stunning turn of late-night events, it was reported that Bob Chapek was OUT as CEO of The Walt Disney Company and former CEO Bob Iger would be taking over once again, effective immediately.

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)

Chapek didn’t even make it 3 years as CEO, but the news was welcomed by many. Upon his return, Iger penned a heartfelt email to Disney employees. The email reads:

Dear Fellow Employees and Cast Members,

It is with an incredible sense of gratitude and humility—and, I must admit, a bit of amazement—that I write to you this evening with the news that I am returning to The Walt Disney Company as Chief Executive Officer.

When I look at the creative success of our teams across our Studios, Disney General Entertainment, ESPN and International, the rapid growth of our streaming services, the phenomenal reimagining and rebound of our Parks, the continued great work of ABC News, and so many other achievements across our businesses, I am in awe of your accomplishments and I am excited to embark with you on many new endeavors.

I know this company has asked so much of you during the past three years, and these times certainly remain quite challenging, but as you have heard me say before, I am an optimist, and if I learned one thing from my years at Disney, it is that even in the face of uncertainty—perhaps especially in the face of uncertainty—our employees and Cast Members achieve the impossible.

You will be hearing more from me and your leaders tomorrow and in the weeks ahead. In the meantime, allow me to express my deep gratitude for all that you do. Disney holds a special place in the hearts of people around the globe thanks to you, and your dedication to this company and its mission to bring joy to people through great storytelling is an inspiration to me every single day. 

Bob Iger

Bob Iger and Mickey Mouse

The news of Iger’s return will most likely be welcomed by many Disney fans who never got used to Bob Chapek and the changes he made. Fans turned against Chapek, as he constantly seemed to focus more on profit and less on Guests and that special “Disney magic.”

Guests were vocal during Chapek’s entire tenure, voicing their dissatisfaction with the theme park reservation system, Disney Genie+, cost of admission, rising costs of food, shrinking portion sizes, and more.

Bob Chapek

While the immediate future is uncertain, it will certainly be interesting to see how Iger tries to bring the company back to its former glory.

BOB CHAPEK IS OUT! Bob Iger Is CEO Once Again!

We have some stunning breaking news, Disney Family!! In a shocking report from The Hollywood Reporter, we are learning that BOB CHAPEK IS OUT AS CEO! And, effective immediately, former CEO Bob Iger will be taking over The Walt Disney Company once again.

Here is more from The Hollywood Reporter

We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic,” said Susan Arnold, Chairman of the Board. “The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the Company through this pivotal period.”

Bob Chapek

Bob Chapek took over as CEO of Disney in February 2020 and his tenure has been anything but easy. Aside from dealing with Covid at the start, Chapek made many controversial decisions, and in the less than three years since his tenure began, more than 70% of people have said that Disney has “lost its magic”.

Some of Chapek’s most controversial moves include, his weeks-long silence on Florida’s “Don’t Say Gay” bill, getting rid of the popular FastPass system and instituting the paid Genie+ system, and requiring all Guests to make a theme park reservation to visit.

Chapek’s tenure also hasn’t been great for Disney stock, which is down more than 35% this year.

Bob Chapek and Bob Iger

While Chapek has not been popular with fans, it also appears he wasn’t popular with Bob Iger either. In an earlier report, those close to Iger revealed that appointing Chapek as his successor was one of ”his “worst business decisions.”

With the beloved Iger back in as CEOc it will certainly be interesting to see how Disney pivots, what changes Iger might make at the Parks and at Disney+, and what the future holds.