Bob Chapek Arouses Anger, Shock and Awe With Peter Rice’s Firing

“It was like a palace of pitching. There’s never been any place like it.”

Walt Disney CEO Bob Chapek won praise in many corners in 2020 for ably steering the company through the devastation of Covid after taking the baton from Bob Iger early in that fateful year.

Disney’s public spat with Scarlett Johansson last summer over compensation tied to Marvel’s “Black Window,” which opened day-and-date in theaters and on Disney+ Premier Access for a $30 fee. This was followed by Chapek’s uneven handling of Florida’s “Parental Rights in Education Bill.” Chapek initially aimed to avoid taking a public stance on the controversial bill, dubbed “Don’t Say Gay,” which elicited a backlash from staffers.

Former Walt Disney CEO Bob Iger is at work on a new book about decision-making in business, entertainment and politics, with a tentative 2024 publication date by Random House.

Disney CEO Bob Chapek has gotten a new long term contract as the the board meets this week. Directors voted unanimously to replace his current deal, which expires in Feb. of 2023, with a new three-year agreement starting July 1.

Brent Lang Executive Editor of Film and MediaEmbattled Walt Disney Company chief Bob Chapek got a critical endorsement after the entertainment giant’s board of directors voted unanimously on Tuesday to extend his contract for three years. “Disney was dealt a tough hand by the pandemic, yet with Bob at the helm, our businesses—from parks to streaming—not only weathered the storm, but emerged in a position of strength,” said Susan Arnold, Chairman of the Board.

Wilson Chapman editorBob Iger is set to pen his second nonfiction work. Random House has acquired the rights to an upcoming book from the former Walt Disney Company CEO, the publishing imprint announced on Tuesday.Currently untitled, the new work is described as a “playbook on leading in times of crisis and disruption that takes readers behind the scenes for crucial decisions at the highest levels of business, entertainment, and politics.” The book will see Iger, who served as an executive and board chairman of Disney until December 2021, examine how the company and other major corporations have dealt with the health and economic crises caused by the COVID pandemic.

Sun Valley, colloquially known as “summer camp for billionaires,” kicks off right after the July 4 holiday. But the moguls who flock to the Allen & Co. retreat may not be as relaxed as usual when they touch down in Idaho: From darkening economic clouds to choppy leadership transitions at some of the most storied media companies, there are plenty of reasons for the 1% of the 1% to be breaking a sweat these days.

Todd Spangler NY Digital EditorMasterClass, the celebrity-driven online learning subscription service with big-name Hollywood talent partners, has cut its headcount by 20%. CEO David Rogier cited “the worsening macroeconomic environment” for the cutbacks.The layoffs by San Francisco-based MasterClass, which previously had about 600 employees, affected all the company’s teams.“Today is a sad day @masterclass,” Rogier tweeted Wednesday.

by the end of 2022 or early 2023, had been vigorously opposed by staffers, including the legendary Imagineers team behind theme parks, attractions, cruise ships and retail outposts. In March, that team had asked embattled CEO Bob Chapek to reverse a decision, calling the move unreasonable given what they called the state’s “hateful legislation.” The 2,000 employees were expected to join over 60,000 Disney employees already in central Florida as the company built a new campus in the planned community of Lake Nona, Florida — a location approximately 20 miles from the Disney World Resort in Orlando.In an open letter to Disney leadership in March, LGBTQ+ activists inside the company announced plans for a number of walk-outs and also demanded that the company stand down from the planned move after the state passed legislation barring schools from discussing “sexual orientation or gender identity.” The letter demanded that Disney cease “any efforts to move employees to Florida office locations… Guaranteeing no employee will be terminated when denying relocation to Florida.”The requirement to move, retire or quit decimated the ranks of Disney’s storied creatives.

UPDATED: Just about a year ago, the Walt Disney Co. announced plans to move most Southern California-based jobs not fully dedicated to Disneyland in its Parks, Experiences and Products Division to a new regional facility in central Florida.

Michael Schneider Variety Editor at LargeDana Walden is ready for this moment. On the heels of a shocking Hollywood management shake-up at Disney, the newly promoted chairman of Disney General Entertainment Content now oversees a massive portfolio that includes the programming arms of Hulu, FX, ABC, Freeform, Nat Geo, 20th Century Television, ABC Signature and more.Walden’s ascent at Disney is not a surprise, but the sudden departure of her predecessor and longtime boss, Peter Rice, surely was when the news surfaced on June 9 that Disney CEO Bob Chapek had fired him.Walden has the respect of the Hollywood community, the chops of having run (or co-run) two broadcast networks and multiple studios, plus deep relationships with towering creatives like a certain superstar producer (ahem, Ryan Murphy) who is, by all accounts, itching to reunite with her after a rocky run at Netflix.

Lightyear is facing some backlash.

In her first public comments since she was elevated to Chairman of Disney General Entertainment, Dana Walden sent a memo to staff Monday morning. In it, she expressed her “immense appreciation to Bob Chapek for giving me this opportunity of a lifetime,” noting that “is enormously proud of what we do.” She also praised Peter Rice, “a gifted executive,” for his mentorship and friendship and highlighted the achievements of each division in the content group’s portfolio.

William Earl Dana Walden, newly promoted to Disney’s top TV post, addressed the shocking management shakeup that saw her elevation and the ouster of her longtime boss, Peter Rice.Walden sent a note to Disney General Entertainment staffers detailing the vast unit’s many recent success stories across ABC, FX, Hulu, Freeform, National Geographic and the production units that Walden now oversees. She noted the surprising transition that was unveiled June 9.

Disney/Pixar’s Lightyear begins offshore rollout this week, but won’t be hitting cinemas in such Middle East markets as Saudi Arabia, the UAE, Bahrain, Egypt, Kuwait, Oman and Qatar. Nor will it go to theaters in Malaysia or Indonesia. Deadline understands the film has not received distribution certificates in these markets. As with other recent Hollywood films, the issue is believed to be related to LGBTQ content.

Nick Vivarelli International CorrespondentPixar’s “Lightyear” will not be playing in Saudi Arabia, the U.A.E. and Kuwait, among other West Asia territories, due to the inclusion of a same sex kiss in the “Toy Story” spinoff.The scene, involving a new lesbian space ranger character named Alisha and her partner starting a family together and greeting each other with a kiss on the lips had been originally cut from the film by Disney.But it was reinstated when Pixar animators spoke out against Disney in an open letter obtained by Variety, saying that Disney had demanded cuts, censoring “overtly gay affection” and in protest against Disney CEO Bob Chapek’s handling of Florida’s “Don’t Say Gay” bill.

Brent Lang Executive Editor of Film and MediaIt’s that time of year again. That post-July 4th period when media barons and billionaires break out the Brooks Brothers casual and don their sweater vests to hit an idyllic Idaho resort town of Sun Valley for another edition of “lets make a deal.”Many of the names expected to rub elbows next month are familiar ones. Microsoft founder Bill Gates, Liberty Media’s John Malone, Comcast chairman Brian Roberts, Alphabet CEO Sundar Pichai, Apple pasha Tim Cook and Berkshire Hathaway guru Warren Buffett are among those who have once again made the cut for Allen & Co.’s annual media conference.

The Motion Picture & Television Fund on Friday said it will continue its yearlong centennial celebration with “100 Years of Hollywood: A Celebration of Service,” an event June 18 in West Hollywood that will feature musical performances and tributes. Jodie Foster, Harry Northup, Yvette Nicole Brown and more are set to appear at the event at The Lot at Formosa, along with musical guests set to include Abigail Barlow and Emily Bear, Tori Kelly, and Chloe Arnold’s Syncopated Ladies.

In 2004, Disney’s cable networks executive Anne Sweeney was named co-chair, Disney Media Networks, and president, Disney/ABC Television Group. The promotion, announced by then-Disney CEO Bob Iger, to whom Sweeney reported, set off a decade-long reign of Sweeney as one of the most powerful women in entertainment, with a vast TV portfolio encompassing a broadcast network and cable networks, Disney’s TV studio and news.