THB #260: Welcome Back Iger

courtesy MeTV & Photoshop.

Daddy’s coming home to calm Jim Cramer’s little heart.

He’s also coming back to clean up Bob Chapek’s mess… which has been overstated. I would bet dollars to donuts that the thing that killed Chapek was that he couldn’t offer Disney’s board light at the end of the $90 - $100 stock price tunnel. I think the man is obviously highly intelligent and knowledgable about Disney, but I think he got caught between trying to manage the functioning of Disney, which he is expert in (in some areas), and the concept of Disney’s massive picture of the future, an expert in which he is not.

Quoting myself from my Chapek piece of Novemeber 14:

To me, the single biggest flaw is that the content pipeline has not been consistent.

For me, that is the biggest problem with the product that is Disney+. They have only had 5 major IP series in 2022 with 5 more sneaking in before year‘s end. It’s not enough to keep things fresh and jumping on the app. Yes, the library content is one-of-a k…