Bob Iger Extends Contract, Comments on Strikes

Disney has extended CEO Bob Iger’s contract to 2026. It was previously supposed to end in 2024. Additionally, he recently spoke to CNBC’s David Faber about the Writer’s Guild and Actor’s Guild Strikes. Check out what Iger had to say here (via Variety):

“It’s very disturbing to me. We’ve talked about disruptive forces on this business and all the challenges we’re facing, the recovery from COVID which is ongoing, it’s not completely back. This is the worst time in the world to add to that disruption,” Iger said. “I understand any labor organization’s desire to work on behalf of its members to get the most compensation and be compensated fairly based on the value that they deliver. We managed, as an industry, to negotiate a very good deal with the directors guild that reflects the value that the directors contribute to this great business. We wanted to do the same thing with the writers, and we’d like to do the same thing with the actors. There’s a level of expectation that they have, that is just not realistic. And they are adding to the set of the challenges that this business is already facing that is, quite frankly, very disruptive.”

I don’t know about you, but I really, really don’t feel sorry for Disney. Writers and actors asking for fair compensation and protections are “adding to the disruption” brought on by COVID? Is he serious? It’s already borderline hilarious to see all these Disney releases flopping. They are not releasing what audiences want to see right now. But to come out and place the blame on workers you DEPEND on because they want to be paid and protected from computers taking their jobs? Amazing. And they’ve extended his contract, signaling that Disney’s board is entirely behind this nonsense.

What do you think about Iger’s statement, his contract extension, or anything else? Let us know in the comments!

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