Sirwalterraleigh
Premium Member
I still think it’s bizarre that we even know, let alone care about, the budget of a movie.
I feel like that’s above my pay grade. It has no effect on whether or not I want to see a film - which is my only job.
As for changing expectations, I think we also know most of those bigger budget ones were already in production with the old numbers.
Well…should we care? Not on a “what are we gonna see this weekend?” Level. But on a macro/disney stability level…we absolutely should. They just are not making money the way they used to and it’s forcing bad management to make even worse decisions. It is on all levels we discuss.
I can also tell you from much smaller (but big to me) business experience: it can be hard to tell right away if a drop is a blip vs. a trend, and whether reacting would be overreacting. Then once you make the decision, it takes time to steer the ship.
My business fell off a small cliff nearly two years ago after a big Covid bump. Two competitors in business twice as long as I closed. From August to December, I kept thinking it wasn’t that bad. I kept spending on inventory at the same levels.
In retrospect, I should have pulled back sooner. At the time, who could be sure?
Fascinating…how are you doing now?
I feel they were going through this at a scale I may not even comprehend.
P.S. cutting back at key times worked, and we’re in great shape, much like Disney’s 2024.
It takes 5 years to make a movie…maybe not all cases - but most. Development is slow. So all their 2024 movies were in the pipe before the plague.
I think they had less all along and just had 3 movies that hit the market in the sweet spot…
Good thing too…cause the bookend years around 2024 look to be quite the disaster…still developing