New Disney CEO Bob Chapek’s time in charge of parks & resorts might reveal the company’s future: “If any of our competitors had our intellectual property, guess what they would be doing? The exact same thing we’re doing. But they don’t have it. We do”
. Most of his publicly available interviews prior to the announcement have been with theme park trade publications and Disney fan sites.
“We’re not silo’d; we’re like this,” Chapek said, interlacing his fingers together, “with Marvel. We’re like this with our friends at Pixar. We’re like this with our friends at Lucas[film], because we’re all about storytelling. We do it in a physical way. We like to say that we’re the physical manifestation of the magic.”
It’s that very last segment — direct-to-consumer — which has been hogging the spotlight for the last year or so, as Iger focused on launching the streaming platform into the competitive direct-to-consumer market last November. During the May 2019 interview, Chapek went on to emphasize that Disney’s strength comes not from its individual operating units but from its overall, cohesive brand, and indicated that he is happy to use the company’s vast wealth of intellectual property — which includes Marvel, Pixar, Lucasfilm and Disney Animation — to its advantage.
The “Star Wars” lands built into the U.S. parks were expected to be a major catalyst for the division last year. But the 2019 hike in ticket prices — taking some tickets to over $200 a pop for the first time in history — meant that fewer people visited Disney parks and resorts even as the average visitor spent more on tickets and food and toys.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tokyo Disneyland Theme Parks Closed in Coronavirus ReactionThe two Disney-branded theme parks in Tokyo, Japan are to close for two weeks as a precaution against the spread of the coronavirus. “Tokyo Disneyland and Tokyo DisneySea have decided to proc…
Read more »
Tokyo Disney theme parks to close for 2 weeks over coronavirus fearsThe operator of Tokyo Disney Resorts announced Friday its theme parks would close for two weeks in an effort to help prevent the spread of coronavirus. Oriental Land Co. , which operates the parks, said it hopes to reopen Tokyo Disneyland and Tokyo Disney Sea on March 16. Oriental Land pays licensing fees to Walt Disney Co. but has no other capital relationship with the entertainment giant. Disney has already shut two of its Chinese theme parks, in Hong Kong and Shanghai, over coronavirus worries. Oriental Land said it made the decision to comply with a request by the Japanese government to cancel or delay public events for the next two weeks. On Thursday, Japan ordered all schools to be closed until the end of March.
Read more »
Commentary: Bob Chapek as CEO is a vote of confidence in Disney's parks. What does that mean for Disneyland?Bob Chapek succeeded Bob Iger as CEO of Disney, a role earned for the way he way he oversaw the company's themed entertainment business.
Read more »
Did Bob Chapek Win Disney’s Latest ‘Game Of Thrones’ — Or Is It Just Starting?I’m a Los Angeles-based senior editor for Forbes, writing about the companies and people behind the biggest disruption in entertainment since cable TV: streaming video. I write about the tech juggernauts, the legacy media companies and the startups pioneering new ways to reach the consumer. I’ve spent more than 20 years covering the intersection of entertainment and technology. My work has appeared in some of the nation’s most prominent publications, including USA Today, U.S. News & World Report and the Los Angeles Times. As a senior editor at Recode, I won awards for coverage of the devastating cyberattack on Sony Pictures Entertainment. Email me at dchmielewski [at] forbes.com or follow me at dawnc331.
Read more »
Tokyo Disney theme parks to close for 2 weeks over coronavirus fearsThe operator of Tokyo Disney Resorts announced Friday its theme parks would close for two weeks in an effort to help prevent the spread of coronavirus. Oriental Land Co. , which operates the parks, said it hopes to reopen Tokyo Disneyland and Tokyo Disney Sea on March 16. Oriental Land pays licensing fees to Walt Disney Co. but has no other capital relationship with the entertainment giant. Disney has already shut two of its Chinese theme parks, in Hong Kong and Shanghai, over coronavirus worries. Oriental Land said it made the decision to comply with a request by the Japanese government to cancel or delay public events for the next two weeks. On Thursday, Japan ordered all schools to be closed until the end of March.
Read more »