Is the Worst Finally Over for Disney Stock?
Top executives as well as frontline workers cheered the move as the reorganization under former CEO Bob Chapek seemed to leave creative talent in the dark. After the stock's poor performance and complaints from executives, a consensus formed that Chapek wasn't right for the job, and Iger was brought back in. Disney+ is set to launch its ad-based tier on Dec. 8 in the U.S., but the company is taking a different approach from most of its streaming peers.