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The Spirited Seventh Heaven ...

S

seascape

Well-Known Member
GoofGoof said:
Did you actually read my post or just assume it was anti-Disney and pro-Universal? What does market cap have to do with the question that was posed? The original person was asking how Wall Street views Comcast's investment in their parks. My long winded answer (backed up with actual numbers from last year's 10Ks) was that they don't really focus on it since Theme Parks is a small portion of both revenue and operating income for Comcast. It's an afterthought for them. For Disney, P&R is a much more substantial piece of the overall business. It gets a lot more attention from the street. I'm not sure where you got that I was saying Wall Street loves anyone. Next time try reading the actual post before commenting on it. If you are having trouble with the big words just ask and someone can help you out:cool:
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Yes, I read your entire post. To add to my previous post I will state revenue and revenue growth of both companies have to take into account a special issue. I know it affects Comcast more than Disney but it also explains why the percentage of profit from revenue will continue to drop at both companies. I am sure you know what I am talking about but I am sure lots have no idea. What is it? Rights fees. Comcasts collects over $125 a month from me but almost all of it goes to cable stations like ESPN, YES and SNY and many others. Disney has the same issue with most of ESPN'S revenue going to sports leagues. That is why revenue matter less in the entertainment industry than others. Wall Street takes that into account and is why Comcasts revenue is so much higher but it's market value is lower.
 
MichWolv

MichWolv

Born Modest. Wore Off.
Premium Member
seascape said:
Yes, I read your entire post. To add to my previous post I will state revenue and revenue growth of both companies have to take into account a special issue. I know it affects Comcast more than Disney but it also explains why the percentage of profit from revenue will continue to drop at both companies. I am sure you know what I am talking about but I am sure lots have no idea. What is it? Rights fees. Comcasts collects over $125 a month from me but almost all of it goes to cable stations like ESPN, YES and SNY and many others. Disney has the same issue with most of ESPN'S revenue going to sports leagues. That is why revenue matter less in the entertainment industry than others. Wall Street takes that into account and is why Comcasts revenue is so much higher but it's market value is lower.
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Why would people not understand that? There is a very pithy, easily understandable statement in that regard.

"We're in this to make profit, not revenue."

It has many variations, but the core is obvious. The goal of a business is to make a profit. Everything else is an intermediate goal that is intended to get to that profit.
 
S

seascape

Well-Known Member
MichWolv said:
Why would people not understand that? There is a very pithy, easily understandable statement in that regard.

"We're in this to make profit, not revenue."

It has many variations, but the core is obvious. The goal of a business is to make a profit. Everything else is an intermediate goal that is intended to get to that profit.
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I know profits are what matter. I was trying to be a bit humorous in getting around to the issue of why revenue is not the same in the entertainment industry. Everyone knows that Walmart is the largest company based on revenue but it's not Apple. I am sorry it took so long to get to what matters but in the original post revenue was compared to show Comcast was the bigger company but market cap was left out.
 
GoofGoof

GoofGoof

Premium Member
Animaniac93-98 said:
@GoofGoof do you mean @EricJ (guy with duck avatar)? If so that couldn't have been Jason. He's posted elsewhere online for years (like Blu-ray.com) and I've seen nothing to suggest he has any professional relationship with the company.
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Captain Chaos said:
@EricJ is posting on Intercot now, and is the same daft buffoon on there that he was on here. LOL
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Gotcha. He had a blow up here during Spirit's vacation so I thought maybe that's who we were talking about.
 
GoofGoof

GoofGoof

Premium Member
seascape said:
I know profits are what matter. I was trying to be a humorous in getting around to the issue of why revenue is not the same in the entertainment industry. Everyone knows that Walmart is the largest company based on revenue but it's not Apple. I am sorry it took so long to get to what matters but in the original post revenue was compared to show Comcast was the bigger company but market cap was left out.
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You claim to have read the post, but if you did you missed the point completely. The point was not to compare revenue at Comcast to Disney. We were talking about Theme Parks as a share of the total business for both companies. I used revenue and operating income as 2 metrics to show that P&R is a much more significant portion of the Disney business than Theme Parks is for Comcast. That's all.
 
bhg469

bhg469

Well-Known Member
PhotoDave219 said:
It depends on how you juke the stats.

No matter how you make the balance sheets and reports look, you're not gonna change the fact that people are going to wait 45+ minutes for Peter Pans Flight in a packed fantasyland.
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Not to mention, no matter how many times they try to make me go watch PhilharMagic or story time with belle instead of ride space mountain, I'm going to choose something else 100% of the time... they can mess with diverting people through mm+ as much as they want but I'm not going on an atraction that I have no desire to.
 

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