Bob Chapek’s era as the CEO of The Walt Disney Company has been over now for several months. But his legacy, for better or worse, is far from over. Chapek, along with his replacement current CEO Bob Iger, have both been named in a brand new lawsuit being brought by a Disney stockholder over the way Disney had previously been reporting profits and losses regarding Disney+.
Following the somewhat surprising exit of Bob Chapek, it had been reported that one of the reasons that the Disney board had made a move to replace the CEO was a potentially questionable decision to premiere some Disney+ original content on Disney Channel prior to the show being moved to the streamer. The idea, as reported at the time, was that by broadcasting the show there first various associated costs for that shot could be moved to the Disney Channel portion of the balance sheet. This would shrink the costs, and therefore the losses, of Disney+.
