The Latest Breaking News on Bob Iger Said 'Quantity' Over 'Quality' Is To Blame For Marvel's Box Office Troubles. But It's Worth Noting It Was His Idea In The First Place

Should the returning CEO implement these ideas, maybe the studio can get rapidly back on track

Five months ago, Bob Chapek seemed firmly in control.

Bob Iger's return to the Walt Disney Co. was greeted with glee by Wall Street and Hollywood's creative community. His 15-year tenure leading Disney — which included the landmark acquisitions of Pixar, Marvel, Lucasfilm and 21st Century Fox — made the industry believe he had an almost magic touch.

Should the returning CEO implement these ideas, maybe the studio can get rapidly back on track

Former CEO Bob Chapek was "in office but not in power."

He plans to restructure the firm "in a way that honors and respects creativity as the heart and soul of who we are."

Walt Disney Co.'s bombshell news Sunday night that Bob Iger would return as chief executive sent shock waves throughout the Burbank entertainment giant, Hollywood and Wall Street.

Wall Street says you can go home again, as shares of Walt Disney Co. spiked Monday on the news that Bob Iger is returning as chief executive of the media and entertainment company.

Disney stocks rose after news of Iger's return following Chapek's tumultuous tenure as CEO

Investors will look to the renowned chief executive to settle on a streaming strategy after the division posted huge losses last quarter.

Iger's return, particularly after Disney’s unremarkable (and sometimes controversial) trajectory under Chapek, is indeed cause for excitement.