Disney's Iger Should Focus on the Company, Not Politics: Analyst

Market strategist Kenny Polcari believes Disney CEO Bob Iger should prioritize the company's business operations rather than engaging in political controversies. Polcari discusses the potential ramifications of Disney's ongoing feud with Florida Governor Ron DeSantis and the importance of leadership focusing on the core mission of the company.

Market strategist Kenny Polcari believes Disney CEO Bob Iger should prioritize the company's business operations rather than engaging in political controversies. In an interview on Fox News, Polcari discussed the potential ramifications of Disney's ongoing feud with Florida Governor Ron DeSantis and the importance of leadership focusing on the core mission of the company.

"Disney is a brand that everyone loves," Polcari said. "They have a long history of creating family-friendly entertainment that has been enjoyed by generations of people. Bob Iger needs to focus on what made Disney great in the first place and not get distracted by political issues."

Polcari believes that Iger's recent decision to speak out against the Florida law that prohibits discussing sexual orientation or gender identity in kindergarten through third grade was a mistake. He argues that Disney should stay out of politics and focus on creating content that appeals to its core audience.

"Disney is a global company with customers of all ages and backgrounds," Polcari said. "By taking sides on political issues, they are alienating a large portion of their customer base. It's not a smart business decision."

Polcari also expressed concern about the potential impact of the feud between Disney and DeSantis. He believes that the dispute could lead to retaliatory actions by DeSantis, such as revoking Disney's special tax status or restricting the company's operations in Florida.

"This is a very serious situation for Disney," Polcari said. "DeSantis is a powerful politician who is not afraid to use his authority to get what he wants. Iger needs to tread carefully and try to resolve this conflict before it escalates further."

Polcari's comments come as Disney faces increasing pressure from both sides of the political aisle. Conservatives have accused the company of becoming too "woke" and pushing a liberal agenda, while liberals have criticized Disney's lack of support for LGBTQ+ rights.

Iger has been criticized by some for not taking a stronger stance against DeSantis, while others have praised him for trying to avoid a political firestorm. It remains to be seen how the feud between Disney and DeSantis will play out, but it is clear that the company is facing a challenging time.

In addition to the feud with DeSantis, Disney is also facing challenges from other fronts. The company's stock price has declined significantly in recent months, and the company has been criticized for its handling of the COVID-19 pandemic.

Polcari believes that Iger needs to focus on the company's core business and avoid getting distracted by political controversies. He argues that Disney can only regain its former glory by creating high-quality content that appeals to a wide audience.

"Disney needs to get back to basics," Polcari said. "They need to focus on creating great movies, TV shows, and theme park experiences. That's what they do best, and that's what their customers want."