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Tragic Kingdom: Experts Predict Dark Days Ahead at Disney for Bob Iger, Major Cuts as Streaming Loses Billions

The Walt Disney Co. is hoping that returning CEO Bob Iger will wave his magic wand like Cinderella’s fairy godmother and make everything better following Bob Chapek’s calamitous tenure. But analysts are predicting the task won’t be so easy, saying Iger will need to slash spending and restore profitability in two years’ time — a feat of sorcery that the Disney veteran may not be able to pull off.

NEW YORK, NY - OCTOBER 24: Bob Iger, chairman and chief executive officer of The Walt Disn

Disney Embraces Drag Queens: Marvel Studios ‘Ironheart’ Casts ‘RuPaul’s Drag Race’ Star Shea Coulee

The Walt Disney Co. swore to devote itself to radical LGBTQ activism, and the company continues to make good on that ominous promise. Marvel Studios has reportedly cast “RuPaul’s Drag Race” star Shea Couleé in its upcoming Disney+ series “Ironheart” — the latest indicator that the studio is making drag culture a prominent component of its entertainment for children.

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