The Spirited 11th Hour ...

[GiveMeTheMusic]

For those interested in the NFL returning to LA here is an in depth story about it. http://espn.go.com/espn/feature/sto...owners-battle-bring-football-back-los-angeles

There are a few paragraphs on Iger's involvement but here is an excerpt about Iger's presentation to the NFL owners:

"On behalf of Carson, Iger went next. He tried to "break the ice," he says now, with a joke about how in his 42 years at ABC and Disney, he had paid more money to the NFL than anyone else. The quip was met with blank stares. For about 20 minutes, Iger spoke with a slideshow behind him, then ended with another prepared line, a spin-off of the famous commercial of the Super Bowl MVP shouting, "I'm going to Disney World!" "I hope I'm going to the NFL!" Iger said. Again, silence.

After Iger left the ballroom and returned to his suite, Jones said, "He said he paid us. Last time I checked, that money is coming from Disney shareholders, not him."

And this is a story on ESPN!

Wow.

 

[ford91exploder]

One would think that the Tourism segment would be boosted by the cheap gas. More people traveling, more disposable income being dumped into the economy.

I still cannot wrap my mind around the concept that cheap gas/oil is somehow bad for our economy when our economy runs on the premise of cheap energy costs.

Cheap oil is bad for WALL ST, Not for Main St.

Wall St bet on oil prices in the $80-$100 range continuing for eternity, They never saw that the Mideast Oil exporters would start a price war because the Mideast is based on oil exports, Fracking made the ME irrelevant and the US/Europe could supply their petroleum needs without the ME, That means the end of supporting their economies based on oil exports alone. Wall St is also in love with playing with Sovereign Wealth funds which are almost exclusively funded by the ME and are being drawn down to support the ME Governments social welfare spending.

We are seeing economic warfare from the Saudi's because they want to break the US oil industry, Unfortunately the high prices drove innovation so fracking is now profitable at $50 bbl where once it was only profitable at $120 bbl. The most logical thing for the Saudi's to do is to capitualte and realize Oil is going to be at 40-60 bucks for a LONG time.
The heady days of $150 bbl oil are gone and as more renewables come online and next generation nuclear especially in China where they are building dozens of Gen III nuclear plants. We actually may have hit peak oil DEMAND and will be using less oil per capita as time rolls on.

 

[ford91exploder]

I'd suggest that the concerns of regional oil producing markets mean little to Wall Street.

Lower oil prices put more money in consumer pockets. Whether it's on vacations to WDW or new TV's, they are going to spend it somewhere.

Instead, I suggest that the bigger concern is with institutions that have made loans to oil companies, money that was used to invest in oil production. Those largely Wall Street based firms are panicking that those loans will be defaulted on, and are punishing companies like Disney (who might actually perform better with cheap oil) because of that panic.

For lack of a better word, Wall Street is always selfish. They don't care about you. They care about "me".

Essentially, cheap oil means more money in "your" pocket, less in "their" pocket .

Translation 'The Too Big To Fail' Financial institutions which SHOULD have been broken up in the wake of 2008 have gambled and LOST again, and are in trouble. We NEED Glass-Stegall reinstated YESTERDAY and we need a few hundred large banks instead of a dozen or so huge ones.

 

[lazyboy97o]

Ignore is the "It's my ball and I'm going home" attitude when you don't agree with someone. There are people that deserve it but to use it with a broad stroke tells a lot on how important someone views their own opinion.

How much arrogance is there in the repeated love of announcing that people are on ignore and whole conversations cannot be seen?

 

[NearTheEars]

For those interested in the NFL returning to LA here is an in depth story about it. http://espn.go.com/espn/feature/sto...owners-battle-bring-football-back-los-angeles

There are a few paragraphs on Iger's involvement but here is an excerpt about Iger's presentation to the NFL owners:

"On behalf of Carson, Iger went next. He tried to "break the ice," he says now, with a joke about how in his 42 years at ABC and Disney, he had paid more money to the NFL than anyone else. The quip was met with blank stares. For about 20 minutes, Iger spoke with a slideshow behind him, then ended with another prepared line, a spin-off of the famous commercial of the Super Bowl MVP shouting, "I'm going to Disney World!" "I hope I'm going to the NFL!" Iger said. Again, silence.

After Iger left the ballroom and returned to his suite, Jones said, "He said he paid us. Last time I checked, that money is coming from Disney shareholders, not him."

And this is a story on ESPN!

Was just coming here to post that excerpt. I'm sure @WDW1974 would enjoy it.

 

[Andrew C]

For those interested in the NFL returning to LA here is an in depth story about it. http://espn.go.com/espn/feature/sto...owners-battle-bring-football-back-los-angeles

There are a few paragraphs on Iger's involvement but here is an excerpt about Iger's presentation to the NFL owners:

"On behalf of Carson, Iger went next. He tried to "break the ice," he says now, with a joke about how in his 42 years at ABC and Disney, he had paid more money to the NFL than anyone else. The quip was met with blank stares. For about 20 minutes, Iger spoke with a slideshow behind him, then ended with another prepared line, a spin-off of the famous commercial of the Super Bowl MVP shouting, "I'm going to Disney World!" "I hope I'm going to the NFL!" Iger said. Again, silence.

After Iger left the ballroom and returned to his suite, Jones said, "He said he paid us. Last time I checked, that money is coming from Disney shareholders, not him."

And this is a story on ESPN!

Tough crowd!

 

[FigmentForver96]

For those interested in the NFL returning to LA here is an in depth story about it. http://espn.go.com/espn/feature/sto...owners-battle-bring-football-back-los-angeles

There are a few paragraphs on Iger's involvement but here is an excerpt about Iger's presentation to the NFL owners:

"On behalf of Carson, Iger went next. He tried to "break the ice," he says now, with a joke about how in his 42 years at ABC and Disney, he had paid more money to the NFL than anyone else. The quip was met with blank stares. For about 20 minutes, Iger spoke with a slideshow behind him, then ended with another prepared line, a spin-off of the famous commercial of the Super Bowl MVP shouting, "I'm going to Disney World!" "I hope I'm going to the NFL!" Iger said. Again, silence.

After Iger left the ballroom and returned to his suite, Jones said, "He said he paid us. Last time I checked, that money is coming from Disney shareholders, not him."

And this is a story on ESPN!

I would have paid good money to watch that speech.

 

[Andrew C]

I would have paid good money to watch that speech.

I really want to see the slides he presented.

 

[Rodan75]

One would think that the Tourism segment would be boosted by the cheap gas. More people traveling, more disposable income being dumped into the economy.

I still cannot wrap my mind around the concept that cheap gas/oil is somehow bad for our economy when our economy runs on the premise of cheap energy costs.

Having lived in Louisiana...cheap oil is slowing/stopping production which is putting a lot of folks out of jobs. It starts with the field folks but will start impacting office staff as well. Louisiana, Texas, Oklahoma, and the Dakota's are pretty heavily impacted.

 

[Fe Maiden]

For those interested in the NFL returning to LA here is an in depth story about it. http://espn.go.com/espn/feature/sto...owners-battle-bring-football-back-los-angeles

There are a few paragraphs on Iger's involvement but here is an excerpt about Iger's presentation to the NFL owners:

"On behalf of Carson, Iger went next. He tried to "break the ice," he says now, with a joke about how in his 42 years at ABC and Disney, he had paid more money to the NFL than anyone else. The quip was met with blank stares. For about 20 minutes, Iger spoke with a slideshow behind him, then ended with another prepared line, a spin-off of the famous commercial of the Super Bowl MVP shouting, "I'm going to Disney World!" "I hope I'm going to the NFL!" Iger said. Again, silence.

After Iger left the ballroom and returned to his suite, Jones said, "He said he paid us. Last time I checked, that money is coming from Disney shareholders, not him."

And this is a story on ESPN!

Was coming here to post this too. That anecdote is absolutely cringeworthy.

That's your fearless leader folks!

 

[TalkingHead]

"On behalf of Carson, Iger went next. He tried to "break the ice," he says now, with a joke about how in his 42 years at ABC and Disney, he had paid more money to the NFL than anyone else. The quip was met with blank stares. For about 20 minutes, Iger spoke with a slideshow behind him, then ended with another prepared line, a spin-off of the famous commercial of the Super Bowl MVP shouting, "I'm going to Disney World!" "I hope I'm going to the NFL!" Iger said. Again, silence.

Brutal. He should've just trotted out Willow in an NFL dress.

 

[truecoat]

I really want to see the slides he presented.

I found 3 of them.

 

[flynnibus]

I still cannot wrap my mind around the concept that cheap gas/oil is somehow bad for our economy when our economy runs on the premise of cheap energy costs.

Because just as there are so many segments that buy from that economy of oil... there are huge industries that are built to feed/supply/support that oil economy. And while one side sees it as an expense.. another side sees it as an impact on REVENUE/SALES. And Wallstreet is more sensitive to your potential revenues and changes in that.. vs your costs. Add into that the size of the companies involved in the industry.. and how relevant that industry can be to a region.. and you can see how the cost of oil can cripple or boom entire regions or industries.

 

[Goofyernmost]

One would think that the Tourism segment would be boosted by the cheap gas. More people traveling, more disposable income being dumped into the economy.

I still cannot wrap my mind around the concept that cheap gas/oil is somehow bad for our economy when our economy runs on the premise of cheap energy costs.

I hate to sound xenophobic, but thats China's problem. I'm interested in solving our problems.

Wouldn't it be nice if it were just China's problem. Unfortunately, we live in a global economy. What affects China affects all of us. So, in other words, China's problems become our problems. The side affects of everything are things we don't ever really think about. Lower gas prices, for example, mean more spendable income, true, but only in the sense that we don't pay as much for gas. It affects the hell out of the market though and even spreads to retired people that generally do not consume as much gas, but are the ones that use their retirement incomes and free time to travel. However, they don't because the value of their retirement declines at an alarming pace and then fear of free spending literally stops them from spending. And that, my friends, is the true meaning of the "trickle down theory".

 

[flynnibus]

Ignore is the "It's my ball and I'm going home" attitude when you don't agree with someone. There are people that deserve it but to use it with a broad stroke tells a lot on how important someone views their own opinion.

The idea that all opinions are equal or worthy.. is disproven by idiots on a daily basis

 

[flynnibus]

After Iger left the ballroom and returned to his suite, Jones said, "He said he paid us. Last time I checked, that money is coming from Disney shareholders, not him."

I wonder how NFL owners would like it if fans said "you don't pay the team.. we do!". What a stupid argument.. shareholders aren't negotiating those deals or driving management in or out of those deals.

 

[hpyhnt 1000]

I wonder how NFL owners would like it if fans said "you don't pay the team.. we do!". What a stupid argument.. shareholders aren't negotiating those deals or driving management in or out of those deals.

Meh...the whole lot of those owners is a bunch of rich, spoiled [insert name of your choice here]. Professional sports is just like politics these days - overrun by money, lobbying, and bribes.

 

[WDWdream97]

Spirited Drive By (look at those lifestylers ducking under the tables with cupcake frosting on their faces!)

First, and sadly foremost, the second gate at HKDL is indeed on hold. Not that it won't happen, but largely it is in developmental freeze because ... well ... because this is what happens when you get into bed with the Chinese Communist Party (you know, DIS's real 'partner' in Shanghai Disneyland Resort).

Apparently, it has been ordained that HKDL can't outshine SDL and won't be allowed to. I am sure Hong Kongers are thrilled to hear this (anyone see the actual violence in the streets there Monday night?) So, right now all focus in China by DIS must be on SDL. And after it opens and they review what works and what doesn't and what will be part of the first expansion (I'd take it to the bank that some version of EE is part of this ... and, no, none of it is part of that $800 million that went wherever money like that goes), then Disney will be allowed to get back to work with the SAR on a second gate and added attractions in the original.

I always thought that a situation like this was going on with DLR vs. WDW (where DLR is the precious one). Does the Chinese government just want to pretend HKDL doesn't exist?

 

[flynnibus]

For those interested in the NFL returning to LA here is an in depth story about it. http://espn.go.com/espn/feature/sto...owners-battle-bring-football-back-los-angeles

There are a few paragraphs on Iger's involvement but here is an excerpt about Iger's presentation to the NFL owners:

Why did you leave out the important conclusion on that Iger subject...

The message was unmistakable: NFL owners listen only to each other.

It's less about Iger being a stiff.. and more about who is in the circle and who is not..

 

[alphac2005]

From a stock perspective, Disney is most definitely a "real loser" at this point.

However, this has nothing to do with Disney's actual financial performance.

Instead, it's a function of Wall Street irrationally running up the stock and then, just as irrationally, running it back down.

The market seems to work just like how the media builds up celebrities, they reach a peak, and then they come crashing down. Disney's stock performance has been just that, completely irrational as you noted. We have these analysts, or what I consider to be glorified Vegas gamblers, harping on the growing pressures within ESPN, yet ignoring the fact that the company has diversified so greatly over the past few years that ESPN's lower profit should be absorbed and then some because of the acquisitions. While many of us find fault with the current business model at the parks, make no mistake about it, Iger has done an excellent job of diversifying the company and setting it up for long-term strength.