Well, I’ve never seen anything like it. Robert Iger stepped into the Disney Company Shareholder Meeting following an excellent intro video. That’s when a fury of moral and political questions arose that absolutely knocked the CEO off his seat.
I’ve heard it said that some on Twitter are claiming that Iger did well in the most recent shareholder’s meeting. I don’t know how any sane person could believe that. I have never seen the types of questions we witnessed during the Disney Shareholder Meeting for 2023 and I have never seen a CEO do so poorly with them. It was unprecedented in every single way.
Iger was questioned about organ harvesting and genocide in China. Iger was questioned about agenda-driven content. Iger was questioned about associations and production partners with an organization that has openly said in musical format that their wish is to indoctrinate children. If screeners were supposed to be protecting Robert Iger from these sorts of queries, they simply could not stop the flurry of inquiries. And Robert Iger did not come across well in how he responded.
https://twitter.com/FatStevenJFG/status/1642968058561175553
In one situation he compared modern sociopolitical issues such as education children on bedroom issues as being the same as fighting in World War II. In another case, Iger struggled to explain how he was both against agenda-driven content and simultaneously in favor of it. His replies were terse and sounded tired.
It wasn’t just all negative, however. Disney was also peppered with positive comments from politically activists commentators who didn’t want to ask questions. Instead, they wanted to make a positive correlation between their particular brand of politics and what Disney has been doing. Essentially, in doing so, they further affirmed that Disney has fully entered into the political arena as a stakeholder in a particular direction.
Finally, the absolute knock-out-blow may have come from a question about Reedy Creek Improvement District and the Florida situation for Disney. In that case, Robert Iger seemed to equate the RCID with The Walt Disney Company. In doing so, he may have made a multi-billion dollar mistake. All of that will have to be feted out in court, but audible gasps were heard in the Valliant Renegade Livestream as panelists realized that Iger had just potentially made one of the biggest mistakes of all time for the Walt Disney Company.
Disney CEO Iger calls DeSantis retaliation 'anti-business' https://t.co/xjAqYEVwKx
— Jonathan Landay (@JonathanLanday) April 3, 2023
What many in the media and on Twitter don’t understand is that if Robert Iger is claiming that DeSantis retaliated against Disney by closing down RCID, it may be a legal mistake so large it’s hard to calculate. In essence, the RCID was supposed to be a separate government from Disney, governed by two cities called Bay Lake and Lake Buena Vista. If it was, instead, just an entity of Disney, there are very serious consequences ahead for Iger’s company. It was a stunning comment.
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