{"id":1874735,"date":"2023-03-11T17:58:55","date_gmt":"2023-03-11T22:58:55","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/disney-ceo-admits-it-made-a-mistake-with-aggressive-price-hikes\/"},"modified":"2023-03-11T17:59:35","modified_gmt":"2023-03-11T22:59:35","slug":"disney-ceo-admits-it-made-a-mistake-with-aggressive-price-hikes","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/disney-ceo-admits-it-made-a-mistake-with-aggressive-price-hikes\/","title":{"rendered":"Disney CEO admits it made a mistake with &#8216;aggressive&#8217; price hikes"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdisney-ceo-admits-it-made-a-mistake-with-aggressive-price-hikes%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1874735&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"RichTextArticleBody-body\">\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">\n<div id=\"Brid_78569103\" class=\"brid\" style=\"width:16; height:9;\" itemprop=\"video\" itemscope itemtype=\"http:\/\/schema.org\/VideoObject\">                <meta itemprop=\"name\" content=\"Boebert announces she will be a grandmother at 36, touts choosing \u2018life' over \u2018fear'\">               <meta itemprop=\"description\" content=\"Rep. Lauren Boebert (R-CO) announced that her 17-year-old son Tyler and his girlfriend are expecting a child. Boebert also shared how her son reminded her that she became a teenage mother and made her mother a grandmother at the age of 36.\">               <meta itemprop=\"duration\" content=\"PT1M17S\">               <meta itemprop=\"uploadDate\" content=\"2023-03-10 20:17:58\">               <meta itemprop=\"thumbnailURL\" content=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/03\/localimages\/1260482_th_1678479715.jpg\">               <meta itemprop=\"contentUrl\" content=\"https:\/\/cdn.brid.tv\/live\/partners\/19383\/sd\/1260482.mp4\">              <\/div>\n<p>               <script type=\"text\/javascript\"> var _bp=_bp||[]; _bp.push({ \"div\": \"Brid_78569103\", \"obj\": {\"id\":\"27789\",\"width\":\"16\",\"height\":\"9\",\"video\":\"1260482\"} }); <\/script>               <script type=\"text\/javascript\" async src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script>              <\/div>\n<\/p><\/div>\n<p><span class=\"ArticlePage-articleBody-firstLetter\">W<\/span>alt <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/disney\" target=\"_blank\" rel=\"noopener\">Disney<\/a> Bob Iger, the CEO of the company acknowledged that the company made mistakes with its recent price hike for its theme park parks. He stated that the company was accountable. &#8220;too aggressive.&#8221; <\/p>\n<p>Iger spoke at the Morgan Stanley Technology, Media and Telecom Conference, on Thursday. There he discussed the negative reactions to the recent decision to increase the prices at Disneyland and Walt Disney World in Florida. <a class=\"Link\" href=\"https:\/\/www.latimes.com\/entertainment-arts\/business\/story\/2023-03-09\/bob-iger-says-disney-price-hikes-too-high\" target=\"_blank\" rel=\"noopener\">According to<\/a> <i>Los Angeles Times<\/i>. <\/p>\n<p><b><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/disney-parks-chief-desantis-appointed-board-work-different-people\" target=\"_blank\" rel=\"noopener\">DISNEY PAKS CHIEF SAYS COMPANY CAN WORK WITH DIFFERENT PERSONS&#8217; AFTER DESANTIS DISTRICT RESTRUCTURED<\/a><\/b> <\/p>\n<p>&#8220;In our zeal to grow profits, we may have been a little bit too aggressive about some of our pricing,&#8221; Iger said. &#8220;I think there&#8217;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.&#8221; <\/p>\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">\n<figure class=\"Figure mb-1 mb-sm-3 mb-md-1 article-lead-photo data_invisible\" data-align=\"center\" data-image-size=\"fixed\" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\">\n<div class=\"Figure-container\"> <picture><source media=\"(max-width: 768px)\" type=\"image\/webp\" width=\"767\" height=\"511\" data-image-size=\"1060x600_md\"><\/source><source media=\"(max-width: 768px)\" width=\"767\" height=\"511\" data-image-size=\"1060x600_md\"><\/source><source media=\"(max-width: 1440px)\" type=\"image\/webp\" width=\"645\" height=\"430\" data-image-size=\"1060x600_xl\"><\/source><source media=\"(max-width: 1440px)\" width=\"645\" height=\"430\" data-image-size=\"1060x600_xl\"><\/source><source type=\"image\/webp\" width=\"1060\" height=\"707\" data-image-size=\"1060x600\"><\/source><source width=\"1060\" height=\"707\" data-image-size=\"1060x600\"><\/source>                                 <\/picture><figcaption class=\"Figure-caption\" itemprop=\"caption\"> Bob Iger arrives at 95th Academy Awards Nominees luncheon at Beverly Hilton Hotel in Beverly Hills (Photo by Jordan Strauss\/Invision\/AP).                <\/figcaption><div class=\"Figure-credit\" itemprop=\"author\">                 Jordan Strauss\/Jordan Strauss\/Invision\/AP                <\/div>\n<\/p><\/div>\n<\/figure><\/div>\n<\/p><\/div>\n<p>Iger, who left the company in 2020 and was then replaced by a chief executive in 2022. <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/news\/iger-to-return-as-head-of-disney\" target=\"_blank\" rel=\"noopener\">Bob Chapek was replaced as then-CEO<\/a>. Iger made this promise during his Thursday appearance at conference &#8220;to continue to listen to consumers,&#8221; And that the company is &#8220;going to continue to adjust.&#8221; <\/p>\n<p>Iger made the following statement in February <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/news\/bob-iger-to-step-down-as-disney-ceo\" target=\"_blank\" rel=\"noopener\">He would resign as CEO of Disney<\/a> In two years. And that one of his goals in the next two years is ensure Disney&#8217;s board will &#8220;succeed at succession.&#8221; <\/p>\n<p><b><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noopener\">CLICK HERE TO READ MORE ABOUT THE WASHINGTON EXAMINER<\/a><\/b> <\/p>\n<p>The pushback from c<\/p>\n<\/div>\n<p><\/p>\n<hr>\n<p>&#8220;Read more from <a href=\"https:\/\/www.washingtonexaminer.com\/finance-economy\/disney-ceo-iger-admits-park-price-hikes\">Disney CEO admits its mistake with aggressive price increases<\/a>&#8221;<\/p>\n<hr>\n<p><span style=\"font-size:11px\"><em>&#8220;The views and opinions expressed here are solely those of the author of the article and not necessarily shared or endorsed by Conservative News Daily&#8221;<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Walt Disney Bob Iger, the CEO of the company acknowledged that the company made mistakes with its recent price hike for its theme park parks. He stated that the company was accountable. &#8220;too aggressive.&#8221; Iger spoke at the Morgan Stanley Technology, Media and Telecom Conference, on Thursday. There he discussed the negative reactions to the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1896974,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[14451,5216,3850,6344,6367,4953,7145],"class_list":["post-1874735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-aggressive","tag-admits","tag-ceo","tag-disney","tag-hikes","tag-mistake","tag-price"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1874735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1874735"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1874735\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1896974"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1874735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1874735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1874735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}