Financial Planning Experts

Breaking Financial News and Information
Menu
  • Entrepreneurs
  • World Finance
  • Breaking News
  • Markets
  • Real Estate
  • Privacy Policy
  • Contact Us

Disney CEO Bob Iger Admits the Company Must ‘Be Smarter’

Bill Muskegy March 13, 2023

A trip to Disney is an unattainable luxury for many Americans today.

A typical family vacation to Walt Disney World for a family of four in 2023 will cost about $5,240, per Florida-based travel agency Magic Guides.

Related: Disney World Tickets Are About To Be More Expensive – Prices Will Now Be Park-Specific

Now, Walt Disney Company CEO Bob Iger is acknowledging the inaccessibility of the company’s theme park costs, calling recent price hikes “too aggressive” at the Morgan Stanley Technology, Media and Telecom Conference on Thursday, The Los Angeles Times reported.

“In our zeal to grow profits, we may have been a little bit too aggressive about some of our pricing,” Iger said. “I think there’s a way to continue to grow that business, but be smarter about how we price so that we maintain that brand value of accessibility.”

Read more4 Top Semiconductor Stocks To Watch This Week

Iger, who’s been with the company for four decades (with 15 years as its CEO), resumed his leadership role last November after his successor Bob Chapek stepped down. Iger’s on track to retire again in two years, per Fox Business; the search for Disney’s next CEO is underway.

Related: Disney CEO Bob Iger Wants Employees in Office 4 Days a Week

Walt Disney Co is down nearly 28% year over year.

Prev Article
Next Article

Related Articles

13 Clever Gift Ideas For Coworkers In 2021
Browsing for coworkers is challenging, specifically when Xmas will come …

13 Clever Gift Ideas For Coworkers In 2021

The 4-Day Workweek Could Soon Become a Reality
Last June, more than 70 companies in the UK signed …

The 4-Day Workweek Could Soon Become a Reality

About The Author

Bill Muskegy



Recent Posts

  • Credit Card Affin Bank
  • Credit Card Junior
  • Hh Credit Card
  • Dwr Credit Card
  • Credit Card Square Vs Stripe

Financial Planning Experts

Breaking Financial News and Information
Copyright © 2023 Financial Planning Experts
Theme by Financial Planning

Ad Blocker Detected

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.

Refresh