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News! Analyst Downgrades Disney’s Stock Rating Due To Leadership Changes

We reported yesterday that The Walt Disney Company shifted around their executives to form a new leadership team.

@joshdamaro on Instagram

This change-up moved Josh D’Amaro to the Chairman of Disney Parks, Experiences, and Products, and named new presidents for both Disney World and Disneyland. Former Disneyland President, Rebecca Campbell, is stepping into the role of Chairman for the Direct-To Consumer sector and analysts shared their concerns with this recent change.

Campbell is taking over the chairman role previously held by Kevin Mayer. However, Mayer recently stepped down to become the CEO of TikTok and COO of its parent company.

According to the Hollywood Reporter, Loop Capital analyst, Alan Gould, downgraded his rating of Disney from “buy” to “hold.” He explained by stating, “we believe the bounce-back from the pandemic will take longer than the Street is currently estimating, the stock is approaching our price target, and the uncertainty is exacerbated by the loss of Kevin Mayer.”

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He referred to Mayer as “”the architect of the Disney+ launch” and Bernstein analyst, Todd Juenger, referred to Mayer’s successor, Campbell, by stating, “She joins the business at a moment where the already thin original content pipeline has dwindled to essentially ‘nothing.’”

He continued, “There are also vitally important strategic decisions to be made on the future of Hulu…She will not have the luxury of time to contemplate most of these tough decisions.”

@rebeccacampbelldisneyland on Instagram

Jeunger also posed questions about the changes including “Why put somebody from parks in charge of the future of streaming? Given the crucial and transformative role of streaming to Disney’s future, many investors were surprised that Disney didn’t name someone from the streaming side as CEO. Now, Disney hasn’t even named someone from the streaming side to be in charge of streaming.”

©Disney

Juenger continues to explain that if Disney had looked for someone with a deeper streaming background, the “very short list” would have been expensive individuals who are not looking to change jobs right now. He stated this was a “cold comfort for nervous investors who now have a surprise departure and unfamiliar replacement in charge of the division most associated with Disney’s future.”

©ESPN

Juenger explained that investors are already concerned about a new risk that they are unfamiliar with. He expressed concern with Disney’s limited “visibility” for roles apart from CEO and CFO, so he is hoping Disney will work to connect Campbell with investors to help ease their uncertainty during this transition.

What do you think of the new Disney Company transitions? Let us know in the comments!

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Filed Under: Disney News, disney parks, Disneyland, Featured, News, Disney, Disney Company, disney plus, disney streaming, Disney World, disney world president, disneyland president, Disneyland Resort, espn, Hulu, josh d’amaro, kevin mayer, Rebecca Campbell, streaming, the walt disney company, walt disney company, Walt Disney World

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Get Ready for Streaming Magic as Disney+, Hulu, and ESPN+ Head to D23 Expo

From our friends at ohmy.disney.com

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Get Ready for Streaming Magic as Disney+, Hulu, and ESPN+ Head to D23 Expo

July 31, 2019 | 09:46 am

Get Ready for Streaming Magic as Disney+, Hulu, and ESPN+ Head to D23 Expo

We’ve been counting down the days until the launch of Disney+ on November 12, and it looks like we’ll be getting a sneak peek of what it’s all about sooner than expected! Today, D23 announced that for the first time ever, three of Disney’s signature streaming services, Disney+, ESPN+, and Hulu, will showcase a variety of original and exclusive content at D23 Expo. There’s so much going on at the Disney+ Pavilion — and we’ll get to that in a second — so you should probably get a pen and paper, ready to start building out your schedule.

At the Disney+ Pavilion on the Expo floor, you’ll get to experience live demos of the Disney+ app, see costumes and props from Disney+ Originals, and even be one of the first to subscribe to the service! There’s also going to be a special offer available exclusively to Expo guests and D23 Members!

Plus — and let’s just say that from here on out, that pun is totally intended — Disney+ will hit Hall D23 and D23 Expo Arena venues for an exciting lineup of panels and experiences:

Disney plus logo with dark blue background

Disney+ Pavilion

Disney+ First Look Showcase

Friday, August 23, 3:30pm at Hall D23

We know where we’ll be on Friday afternoon! Be one of the first to see Disney+’s full slate from Disney, Pixar, Marvel, Star Wars, National Geographic, and more. Hosted by the lovely Yvette Nicole Brown (Lady and the Tramp, Elena of Avalor), the presentation will include stars and surprise guests, extravagant performances and reveals, and a first look at Lady and the Tramp, The Mandalorian, High School Musical: The Musical: The Series, plus so much more!

High School Musical: The Musical: The Series Sneak Peek Screening and Panel

Friday, August 23, 5:30pm at D23 Arena

Wildcats, unite at D23 Arena for a special advance screening and panel with the cast of High School Musical: The Musical: The Series.

And if you’re ever looking for us, we’ll probably be lingering around the Disney+ Pavilion stage, which has special programming including a Q&A with Jeff Goldblum and a conversation with the creators of Phineas and Ferb! Here’s the schedule (subject to change):

Friday, August 23

10 a.m. ESPN+ Presents Peyton’s Places Special Screening and NFL 100th Anniversary Trivia

12 p.m. Walt Disney Animation Studios Panel with Eric Goldberg and Mark Henn

12:30 p.m. The World According to Jeff Goldblum Q&A with Jeff Goldblum

1:15 p.m. Phineas and Ferb Conversation with Dan Povenmire and Jeff “Swampy” Marsh

Saturday, August 24

10 a.m. ESPN+ Presents SneakerCenter Panel moderated by show director Bobbito Garcia

11 a.m. ESPN+ Presents SneakerCenter Demonstration by Mr. Cartoon

12 p.m. Stargirl Performance and Panel

1 p.m. The Simpsons Trivia with Yeardley Smith

1:15 p.m. Marvel’s Hero Project Panel with Sana Amanat, Sarah Amos and Stephen Wacker

2:30 p.m. Forky Asks a Question and Lamp Life Creative Panel with Val LaPointe, Bob Peterson, Mark Nielsen, and Marc Sondheimer

3 p.m. Secret Society of Second Born Royals Q&A with Peyton Elizabeth Lee and Skylar Astin

Sunday, August 25

10:45 a.m. Prop Culture Movie Prop Showcase and Q&A with Dan Lanigan, Jason Henry, Tony Swatton, and Fon Davis

11:15 a.m. Be Our Chef Games with Angela Kinsey

12 p.m. Monsters At Work Behind-the-Scenes Presentation with Bobs Gannaway and Ferrell Barron

12:45 p.m. The Imagineering Story Conversation with Leslie Iwerks and Bob Weis

1:15 p.m. Short Circuit Creative Panel

3:30 p.m. Pixar’s SparkShorts Screening

5 p.m. ESPN+ Hosted DJ Wrap

ESPN + logo on dark blue background

ESPN+ Pavilion

At the ESPN+ Pavilion on the D23 Expo floor, guests will have the opportunity to see two interactive exhibits dedicated to two new programs debuting this summer:

Peyton’s Places is a 30-episode documentary series hosted by the one and only Peyton Manning, exclusively on ESPN+. The series will take you through 100 years of football, highlighting memorable events, teams, players, and trends that all played an important role in the making of the NFL.

SneakerCenter is a series premiering this fall devoted to sneaker culture across sports, entertainment, and more. The show promises to take fans deep into the unique sneaker movement, and you can get a glimpse of what it’s all about at the ESPN+ Pavilion on the D23 Expo floor.

Hulu logo white background

Hulu Pavilion

Fans should definitely plan to stop by the Hulu Pavilion during the Expo to see costumes and show props from shows like The Handmaid’s Tale, Brooklyn Nine-Nine, The Goldbergs, Castle Rock, Catch-22, and more.

Disney+ is available for pre-order in the US. Be among the first to have it and start streaming November 12.