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Discussed in today’s email: Bob Bakish, Ava Duvernay, Jeff Zucker, Ben Silverman, Alan Ladd, Jr., Drake, John Malone, Dolly Parton, Reed Hastings, and Putin’s ‘girlfriend.’
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Who Won the Week: Bob Iger
How great does the former Disney C.E.O. look for slamming the Florida “Don’t Say Gay” legislation weeks before Disney’s current leader Bob Chapek caused a firestorm by refusing to do so, before subsequently backtracking with a forced apology?
More on this topic below… but first, a few little news and notes items…
Disney’s new C.E.O. badly miscalculated in his attempt to pivot the company from left to center, compounding one of Disney’s worst internal crises in years. Will the public relations train wreck derail Chapek, too?
I was having dinner last Friday in Brentwood with Geoff Morrell, the Walt Disney Co.’s new senior executive V.P. and corporate affairs officer, when he spotted a familiar face a few tables away. It was Bob Iger, the former Disney C.E.O., quietly dining with his wife, Willow Bay.
Morrell, a former BP spokesman and George W. Bush appointee to the Defense Department, who now runs communications and government affairs for Disney’s current C.E.O Bob Chapek, had never met Iger. Yet Morrell was in the middle of a burgeoning crisis over Chapek’s decision to stay neutral on Florida’s so-called “Don’t Say Gay” legislation, which would bar “classroom discussion about sexual orientation or gender identity.” It was a crisis made more incendiary because Iger had come out against the proposed law, tweeting to his 241,000 followers that it “will put vulnerable, young LGBTQ people in jeopardy.”
The Igers stopped by and chatted cordially with us on their way out, but the awkwardness was palpable...
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FOUR STORIES WE'RE TALKING ABOUT A24, the ultra-arty indie film studio, is trading on its hipster ethos for a huge injection of private equity cash. And in this market, why not? MATTHEW BELLONI Within Putin’s propaganda machine, polls show two-thirds support for Russia’s “special military operation.” Can they be trusted? JULIA IOFFE The new king of cable media is preparing to restructure his org chart. Meanwhile, at Chris Licht’s CNN, a new game of thrones begins. DYLAN BYERS The days of strippers at Salomon Brothers are long gone, but Lewis has another revelation about what has changed on Wall Street... WILLIAM D. COHAN
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