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The Disney Fraud Conspiracy (& Why Disney's CEO Was Really Fired) | Logically Answered


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The Disney Fraud Conspiracy (& Why Disney's CEO Was Really Fired)

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By now, you may have heard that Disney’s new CEO Bob Chapek was fired after exactly 999 in office. From the surface, this may seem like classic corporate politics mixed in with a downtrending market, but there may be a lot more to Bob Chapek’s firing than just poor stock performance. You see, there are allegations that Bob Chapek was cooking the books of Disney+ through some clever manipulation of numbers. For example, he was allegedly writing off Disney+ production expenses as Disney channel production expenses to make Disney+ look more profitable than it really was. When we look deeper, it seems like this may not have been Chapek’s first time when such funny business either. Several years ago, a whistleblower was accusing Disney of vastly overreporting their park revenue through several accounting tricks. And guess who was chairman of Disney Parks & Resorts at the time? Of course, Bob Chapek. This video explains the allegations of fraud surrounding Disney+ and Disney Parks and explores the real reason that Disney’s CEO may have been fired.

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Timestamps:

0:00999 Days
2:53Disney+ Fraud (Allegedly)
6:16Disney Park Fraud (Allegedly)
9:29It All Falls Down

Resources:

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This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.
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Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not affiliated with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out.

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