They have a — what shall I call it? — "situation" at the Walt Disney Co. Disney is the mass media giant that owns everything from the Muppets to the Marvel franchise, Star Wars and the ESPN channel.

The much-liked Disney CEO, Bob Iger, had long contemplated leaving his position. Finally, in February, he announced that his 15 years at the helm had finally come to an end. A new CEO, Bob Chapek, was appointed...

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