Disney execs consider radical shake-up as crisis hits centenary celebrations

this week, behind closed doors its top executives are contemplating what could be the most radical shake-up in the history of the world’s biggest entertainment company.after the ousting of his hand-picked successor, Bob Chapek, following a disastrous reign lasting less than two years. The challenges facing Iger are

“Disney is one of the most successful companies and brands in the history of the world but it is now facing a fork in the road,” says Dan Ives, analyst at US-based Wedbush. “Disney has faced many challenges in its 100 years but this is the defining period.”was serendipitous, as lockdown conditions resulted in stratospheric uptake of streaming services.

Last week, Nelson Peltz, the billionaire founder of activist firm Trian Partners, renewed his push for seats on Disney’s board as he boosted his stake in the company to $2.5bn. Elsewhere in the empire, the House of Mouse is doubling down on its booming theme parks and cruises division, announcing a $60bn investment over the next decade.created by law in 1967 that allows it to self-govern the roughly 25,000-acre Orlando area where its Walt Disney World theme park complex is located. The move was seen as retribution for theDeSantis has argued that “woke Disney” should receive no special treatment in the state.

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