Bob Iger Takes Over Takes Control of CEO Bob Chapek’s Duties During Pandemic

If you were wondering why Bob Chapek has been so silent ever since he became CEO we now have an answer as to why. The New York Times did an article covering Disney during the past few weeks from the leadership changes to COVID-19 to the future of the company when everything resumes normal operation.

Here is a snippet of the article that explains Iger taking back the reigns as CEO of Disney:

“And now, Mr. Iger has effectively returned to running the company. After a few weeks of letting Mr. Chapek take charge, Mr. Iger smoothly reasserted control, BlueJeans video call by BlueJeans video call. (Disney does not use Zoom for its meetings for security reasons.)

The new, nominal chief executive is referred to, almost kindergarten style, as “Bob C,” while Mr. Iger is still just “Bob.” And his title is “executive chairman” — emphasis on the first word.

Mr. Iger is now intensely focused on remaking a company that will emerge, he believes, deeply changed by the crisis. The sketch he has drawn for associates offers a glimpse at the post-pandemic future: It’s a Disney with fewer employees, leading the new and uncertain business of how to gather people safely for entertainment.”

In my opinion, I think Chapek was never a good decision for CEO as he definitely has more of a middle management style to him than a CEO type of vibe. For example, take a look at the past D23. Chapek seemed very uninspired when talking about the future projects and you can tell he was clearly reading from a teleprompter. By contrast, Iger was clearly excited and passionate while talking about projects such as Galaxy’s Edge. I feel that the Disney company is in much more secure shape with Iger taking back the reigns.

Iger is planning multiple strategies as how to handle this pandemic and the future of the company as described below:

Mr. Iger, meanwhile, is trying to figure out what the company will look like after the crisis. One central challenge is to establish best practices for the company and the industry on how to bring people back to the parks and rides while avoiding the virus’s spread — using measures like taking visitors’ temperatures.

Mr. Iger also sees this as a moment, he has told associates, to look across the business and permanently change how it operates. He’s told them that he anticipates ending expensive old-school television practices like advertising upfronts and producing pilots for programs that may never air. Disney is also likely to reopen with less office space. He’s also told two people that he anticipated the company having fewer employees. (Mr. Iger said in an email on Sunday evening that he had “no recollection of ever having said” that he expected a smaller work force. “Regardless, any decision about staff reductions will be made by my successor and not me,” he added.)”

As Iger said, I can see a future where initially Disney checks temperatures and reduces capacity when first opening the parks. I can also see them having a significant reduction in office space (like most companies probably will) because companies are realizing they do not need as many people in an office due to things such as telecommuting and being more efficient.

What do you think of this developing situation? Who do you want to be the CEO of Disney?

Disney Purchases Additional Land Near The Magic Kingdom in Walt Disney World

Photo Courtesy of WDWNT

Disney announced today that they purchased an additional 26.2 acres of land near the Magic Kingdom. It is not known what this land will be used for, but there could be a variety of reasons.

One of them could be land protection. Disney most likely has no plans to build on this land anytime soon due to their current financial situation, but land is good forever so they could just keep it and use it for a future use in years to come.

The other reason could be for land conservancy. Due to a deal Disney has with Florida, they have to keep a certain amount of open space. If they decide to build something on land that was previously open space, then they must buy more land or demolish something to get back to that open space goal.

What do you think Disney is planning to do with this newly acquired land? What do you think they should do with it?

Mickey and Minnie’s Runaway Railway Marquee Installed at Disney’s Hollywood Studios

Photo Courtesy of WDWNT

Walt Disney Imagineers last night installed the marquee sign for Mickey and Minnie’s Runaway Railway. The ride is set to open March 4th, which is less than a month from now so things are really getting into high gear in terms of finishing touches during this home stretch. To check out a scene by scene layout of the attraction click right here!

This attraction replaced The Great Movie Ride and will be the first ever attraction based on Mickey and Minnie in any Disney park! Are you excited to ride this ride next month? Will you be riding it? What do you think of the final look of the marquee? Let me know in the comments below and follow this blog for constant Disney updates!

Disneyland Resort Construction Update

Hello everyone, welcome back to another Theme Park Wizard update! Today I will be going over some photos from @bioreconstruct on Twitter of the Disneyland Resort that he shot last week. Definitely go visit his Twitter account for awesome aerials of places and theme parks mostly in Orlando, but occasionally out here as well, so let’s get started!

Mickey and Minnie’s Runaway Railway

As you can see in this fantastic shot, land clearing and site prep is well underway for the attraction just north of Toontown. The size of the show building is actually larger than Toontown itself. By the time Spring comes we should be seeing this building going vertical, the attraction is slated to open in 2022.

Avengers Campus

Starting from the top of the land and moving down you can see one of the two plazas near the Parade Route and the Spiderman attraction under construction. Moving down you can see the narrow walkway in between Spiderman and the WEB Suppliers gift shop leading to the more central part of the campus. This is the main dirt area that will house the Avengers Logo, the Doctor Strange show, and Pym Foods. This will also lead to the Avengers E ticket when it opens in a few years.

Tomorrowland

Lastly, we have a fresh look at Tomorrowland. As you can see most of the rocks are removed and the only thing that remains under construction walls is the E.E.R building that controls the audio effects for the Astro Orbitor. More work is rumored to be coming to this area and the rest of Tomorrowland this Spring, so it will be very interesting to see what happens.

Well that is all for today’s Disneyland Resort update! Comment below what you think of the ongoing projects at the resort and what are you most excited for?

Disney World Looking at Possible New Ticket Options?

So in an effort to increase attendance at the resort Walt Disney World (WDW) resort Disney is thinking of introducing some new ticket options for the new fiscal year. I will go over each option below.

Option 1

Disney World would give guests purchasing a 4 day ticket free park hopping capabilities. I think this would be a great incentive for guests coming to the resort because most guests would not come just to see 3 or fewer of the 4 parks.

Option 2

Option 2 would give guests restricted hours to go to the parks. It would essentially expand the current one day noon ticket into a multi day ticket where you can only enter the parks after 12 on each day.

Option 3

Option 3 is called “Long Duration Benefit/Free Days” which would give guests who purchase a 4 day theme park ticket two additional free days, so it would be 6 days for the price of 4.

All of these ticket options are a great way to increase attendance and hopefully will help out the resort. I am wondering if Disneyland will implement ways to increase attendance at that resort. Some ways I am thinking of could be unblocking more passholders for more days as well as more SoCal resident deals. A major reason for the decline in attendance seems to be Galaxy’s Edge not being as guests anticipated it to be or that guests felt like the land would be way to crowded and decided to avoid it. Another reason for the decline could be that so many new things are opening and happening in 2021 and people could be waiting until then to go and cover everything including Galaxy’s Edge.

What do you guys think of these new ticket options? Will it entice you to go to the parks? What do you guys think is the cause for the decline in attendance in the resort? Let me know your thoughts below! Donations and subscriptions are always appreciated and welcome! Be sure to become a follower of the blog to get constant updates on all theme park related news.

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