ESPN has asked its 100 most highly paid commentators to take voluntary 15% pay cuts over the next three months.
www.sportsbusinessdaily.com
I've generally gone to every shareholder meeting of the companies I've worked for since they are normally held in the same city that I worked in and everyone of them had the Q&A which was often stacked with enough friendly voices that you rarely got down to the regular shareholders asking question because they always had a time limit... In the few instances where some real question would come up about the company it was always met with a "I'll look into that" type response.Since you are a shareholder, suggest your attend a company shareholder meeting and partake in Q&A to voice your concerns directly to Iger/Chapek. Executive compensation while generous is like you said, always approved by a company board of directors. That's nothing new.
ESPN has asked its 100 most highly paid commentators to take voluntary 15% pay cuts over the next three months.
ESPN Asking Top Talent To Take 15% Pay Cut
www.sportsbusinessdaily.com
ESPN has asked its 100 most highly paid commentators to take voluntary 15% pay cuts over the next three months.
ESPN Asking Top Talent To Take 15% Pay Cut
www.sportsbusinessdaily.com
Exactly right. It does not matter what you or I think. But any shareholder whether it's Buffet or the everyday Joe, we all want to share in the success of the company by entrusting our monies with them.I've generally gone to every shareholder meeting of the companies I've worked for since they are normally held in the same city that I worked in and everyone of them had the Q&A which was often stacked with enough friendly voices that you rarely got down to the regular shareholders asking question because they always had a time limit... In the few instances where some real question would come up about the company it was always met with a "I'll look into that" type response.
So there is no way I would waste my time and money to fly to Anaheim for a shareholders meeting when it really won't matter. As soon as they knew I wasn't a shareholder with million shares my question would have all the weight of a gnat landing on their ear.
You're still missing the political and cultural differences between the two countries and citizen action as a result.
IF mask wearing becomes the norm and the law, people who don't want to wear masks will have to learn to get used to not being able to go places they would like to go to. Rather like smoking. It was a huge deal when it was banned in restaurants and other public places, but most people support these rules now and look down on people who don't follow them.
I am sorry to hear this about your mother. It's bad here in central NJ... and I never thought I would go to church and also watch a funeral on Facebook.I already lost my Mom.
I hope they get a treatment for this soon.
Disney has a 9/30 fiscal year so this year’s results include 5.5 months of business as usual. Q1 alone they had $4B of operating income. Even if Q2 is down some year over year because of park closures and other negative impacts from the last 2 weeks of March they would still have made billions in the first 6 months. Their typical run rate for all expenses for a year is roughly $40B so even if TWDC had zero revenue for the next 6 months (which it obviously won’t) and didn’t cut any expenses (which it obviously will) that would still only be a roughly $20B loss so combined with the operating income from the first 2 quarters their losses would be well below $30-50 billion. Depending on how fast we come out of this it’s still possible they will come close to break even on the year. Obviously way down year over year, but not the grim picture you paint.Why doesn't Disney just flat out come and say they'll lose $30-50 billion this year and write off the year as a loss if they want to justify the pay cuts?
A few pages back one of the insiders here said they heard the tier 1 fast pass rides as well as all headliners in MK were going to a boarding group system so no standby lines. I don’t think it’s a permanent change but if it works well maybe it will be. The only other physical changes seem to be likely delays in construction projects.I know we're a long way from @ParkerLoLs original question, but I've been following the conversation and I'm interested in what mid-to-long-term infrastructure changes we might see to Disney implement in order to open the parks and stay open if at all possible. @MisterPenguin's thread about the challenges of social distancing in the parks is helpful, and the mask discussion has been interesting, but I'm wondering about actual changes to the park systems, facilities, and built environment we might see. Any more thoughts on these?
There have been different coronavirii for thousands if not millions of years.
I doubt they will end the year with a loss at all. Remember the parks are only a part of their business. Their networks are still making ad revenue their streaming service continues to do well and is probably getting even more customers now because of the lockdown. Maybe going into next year when lots of people start tightening their budgets they will see some drop in streaming subscriptions but I doubt they will end the year in the red.Why doesn't Disney just flat out come and say they'll lose $30-50 billion this year and write off the year as a loss if they want to justify the pay cuts?
Well remember smoking is a risk but if he quit 6 years ago it isn't as bad as it could be. Most reports now are putting obesity as the highest risk factor so hopefully he isn't overweight, and hopefully the heart surgery fixed whatever was wrong in which case he probably isn't in the worst case group just yet.Another person close to has has tested positive - my husband's brother. His wife tested negative, but I suspect it's a case of false-negative because she was sick almost 2 weeks ago. My BIL has had heart surgery, and quit smoking 6 years ago, so he is high risk. So far, no respiratory issues, but he's in A LOT of pain with all-over body aches, and has a fever. The scary part of this is that they both visited my MIL around the 28th-ish of March, and she and her boyfriend are VERY high risk, and my MIL is dropping stuff of and coming into contact with them even though we keep telling her not to.![]()
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