As Hollywood bounces back over Bob Iger’s unexpected re-hire at Disney, Diversity delivered an intriguing speech. Iger has been in talks with investment firm RedBird Capital Partners to potentially play a key role, sources said. As we now know, he ultimately did not choose to work with the company, instead returning to a top position at Disney, but he came close to signing the dotted line at RedBird Capital. “At the end of the day, he’d rather be a CEO than an entrepreneur,” an unnamed person close to the situation told Variety about Iger’s thinking.
In the short time since Bob Iger returned to the Disney fold, he has wasted no time trying to get the company back on track. His first big move came on November 22, 2022 when he fired Kareem Daniel and began restructuring the Disney Media and Entertainment Distribution division. “I deeply believe that storytelling is what fuels this company and is central to how we organize our business,” Iger said in a statement, explaining that changes will come in the next few months and that the company in general, the desire to create a profitable, well-established structure (through Yahoo! Finance).
Obviously, Bob Iger did not return to work at Disney to sit and get paid. He has big ideas for this, so we need to see how they will be implemented and how successful they will be in the future.
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