On layoffs, very bad attendance, and Iger's legacy being one of disgrace

DVCakaCarlF

Well-Known Member
Correct, and this is an old tactic.

I haven’t seen any of the old timers accusing the company of doing of anything illegal. Calling the Disney+ content “sales to D+” is a good example of the silliness. Sales from — what? — another business division?
Correct, how do you think the power company “pays” for its own use of power.
 

mikejs78

Well-Known Member
Bob Igor not being present was telling.
Bob Iger was not anywhere near this presentation to shareholders this afternoon. That is a thing too.
It was telling that he's not the current CEO. The call proceeded as all past calls have with the CEO and CFO.
That's your opinion. Stop saying these sort of things in a "insider's scoop" thread as if this was more insider scoop. It's all part of a spin you gave away in the thread title and you're still spinning.

Hey folks, this isn't inside information. It's perfectly normal for the CEO and CFO to be on the call and not the Executive Chair of the Board to be there. Don't buy the spin.

Exactly On the last quarters call, Iger introduced Chapek, and then Chapek ran the rest of the call. One could even say he handed these calls off to Chapek.. Why anyone is reading into him not being there this time is beyond me. He's no longer the CEO.
What I posted was a fictional story that poked light at the “Iger Puppet Master” theory in an effort to be funny. Clearly I was unsuccessful.

I got it. 🙂
Could any of us imagined this one year ago? Could any of us pictured an 85% YoY collapse?

Could anyone have imagined a pandemic virus that shut down most of the world for several months, and is still with us, causing us to have debates on whether or not children should even be in school, having to wear face masks everywhere, dealing with things such as social distancing? This is a global problem affecting everyone. Not just TWDC. Not just parks and resorts.


The same leeway is not granted for DPEP.

The "same leeway" is being granted to all COVID-affected businesses. It's not all pixie dust in Burbank right now to be sure, but Wall Street will be happy with Disney as long as Disney appears to be doing a good job weathering the storm, whether or not Parks, experiences and consumer products turns a profit right now. We are in unprecedented times, and expectations are adjusted accordingly.

people are scared or not interested in wearing a mask.

I don't think that's it at all. it's more about the fact that Florida is going through an outbreak right now, and many people are required to self quarantine for 14 days if they come back from Florida. I know several people personally who postponed trips just because of that rule. Sure, I think there are some people who don't want to wear a mask. But I think there's a whole swath of people who just don't want to be in Florida right now. As they said on the call, initial bookings were high, but then they received a lot of cancellations as Florida's outbreak occurred.
 

Ldno

Well-Known Member
Basically the parks are screwed and they expect Disney + to keep them afloat? Lolol, The Disney bubble will burst. Kind of makes no sense like how my local Mall Store is closed but the outlet disney store is open. That’s Disney for you.
 

The Visionary Soul

Well-Known Member
I haven't read past page 1 so far, but the reason National Parks are "doing well" is because there is one within a few hours drive of almost anywhere. Flying is a nightmare now and most are not going to drive to WDW if they live, say, north of Tennessee or west of Alabama. That is why attendance is low, not the masks. Also, there is little to no international travel from overseas to the US now, so that hurts. It isn't the masks.
The data says otherwise. You're clearly misinformed.
 

MerlinTheGoat

Well-Known Member
What about what @MerlinTheGoat said about Chapek and Iger fighting over whether or not to change it, with Chapek winning, and Chapek not wanting to change it?
I wasn't the source of this claim FYI. I am not nor have I ever claimed to be an insider. The claim that the Splash Mtn overhaul had been canned and that there was a war between Iger and Chapek over it It was initially reported by WDW Pro in the Red Button thread. Pro also having broken the story about the PATF overhaul in the first place. Pheneix also stated the project (at least at WDW) was likely canned. As of two hours ago, pheneix said he still stands by this claim.

 

Brer Panther

Well-Known Member
I wasn't the source of this claim FYI. I am not nor have I ever claimed to be an insider. The claim that the Splash Mtn overhaul had been canned and that there was a war between Iger and Chapek over it It was initially reported by WDW Pro in the Red Button thread. Pro also having broken the story about the PATF overhaul in the first place. Pheneix also stated the project (at least at WDW) was likely canned. As of two hours ago, pheneix said he still stands by this claim.

Sorry, I knew it was Pheneix who brought that up, I think I just couldn't remember how to spell his name. My apologies to both of you!
 

The Mom

Moderator
Premium Member
BTW, if anyone is naive enough to think they are getting inside stock information from a WDW fansite, and act on it, they deserve anything they get. Anyone who thinks the SEC would consider what is being said on a WDW fan forum as "real" insider information that could affect company stock is also pretty naive. Take all rumors stated here with a grain of salt - or a whole salt shaker.
 

MisterPenguin

President of Animal Kingdom
Premium Member
Basically the parks are screwed

No, they're not. Disney, as a whole, can keep them afloat until FL and CA stop being hotspots.


and they expect Disney + to keep them afloat?

No, because D+ is still losing money because of investment in infrastructure and creating content. It was planned to become profitable in four (I think) years, but, it is way ahead of schedule towards the goal of profitability. Disney's other operating segments are keeping D+ afloat.


Lolol, The Disney bubble will burst.

The operating segments of Disney made $1 Billion this quarter instead of the usual $4 Billion. And they have $23 Billion in cash on hand.

Don't know where you're getting your information from, but I suggest you find wherever these ideas have come from and make a mental note never to rely on them for information again, because they're leading you astray.


Kind of makes no sense like how my local Mall Store is closed but the outlet disney store is open. That’s Disney for you.

So you see Disney continuing to operate a profit center, but you single them out for collapsing? That makes no sense at all.
 

Ldno

Well-Known Member
BTW, if anyone is naive enough to think they are getting inside stock information from a WDW fansite, and act on it, they deserve anything they get. Anyone who thinks the SEC would consider what is being said on a WDW fan forum as "real" insider information that could affect company stock is also pretty naive. Take all rumors stated here with a grain of salt - or a whole salt shaker.
The very words I live by, everything on the internet is entertainmenT. LOLOL
 

Ldno

Well-Known Member
No, they're not. Disney, as a whole, can keep them afloat until FL and CA stop being hotspots.






No, because D+ is still losing money because of investment in infrastructure and creating content. It was planned to become profitable in four (I think) years, but, it is way ahead of schedule towards the goal of profitability. Disney's other operating segments are keeping D+ afloat.




The operating segments of Disney made $1 Billion this quarter instead of the usual $4 Billion. And they have $23 Billion in cash on hand.

Don't know where you're getting your information from, but I suggest you find wherever these ideas have come from and make a mental note never to rely on them for information again, because they're leading you astray.




So you see Disney continuing to operate a profit center, but you single them out for collapsing? That makes no sense at all.
They have been predictions about a vaccine for COVID due in September, but more than likely it will not be available to the public until March or April of 2021 as much as I wanted to go next year, and being laid off from work and surviving with unemployment benefits, I cannot, as a middle class disney fanatic that could go with my family every year, I personally would hate to miss out on the 50th anniversary of WDW. Even if it stops being a hotSpot, people will just stop prioritizing vacations all together just like myself. Disney is a luxury I cannot afford to take.

Honestly lets say if Mulan takes off with a strong hit even with the aformentioned 30 price tag, it might help them to an extent, but knowing them if that’s the case the asking price for Black Widow and release window will be around October/November. A typical Hollywood movie loses 30-50 million bucks on marketing fees along just to push a movie’s release date further, at this rate it’s VOD or bust. It sucks seeing movie theaters closed and will suck even more knowing that they won’t be at full capacity either way when they open. Disney is straight up cutting up the middle man with Mulan on D+, they will keep 100% of the profits.

Not really getting my ideas from anywhere, just speculating, no one thought Disney, the biggest Hollywood powerhouse In the history of film and entertainment would have been affected by a pandemic, but like cyber security and any other business we live in a reactive society, we don’t do anything until it happens. I wasn’t to single them out but seriously, why can’t I head to a Disney store in the mall with a customer readily available to purchase goods, but the only disney fix I can get is old goods from parks only found in the outlets? Lego is on the same boat, Legoland downtown is open(lego franchise) but the ”actual” Lego store on the mall is closed.

As I walked by the Apple store I saw something horrific, the whole store was wiped from any idevices on the floor, felt like a skeleton of an apple store. Disney better start selling park merch on their shopdisney site.
 

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M:SpilotISTC12

Well-Known Member
BTW, if anyone is naive enough to think they are getting inside stock information from a WDW fansite, and act on it, they deserve anything they get. Anyone who thinks the SEC would consider what is being said on a WDW fan forum as "real" insider information that could affect company stock is also pretty naive. Take all rumors stated here with a grain of salt - or a whole salt shaker.

So everything I read on the internet isn't fact? There are no singles in my area? I won't become a millionaire after I wire transferred a bunch of money to the Nigerian prince? Uh oh...
 

EricsBiscuit

Well-Known Member
Well if this is 2004 all over again... now is the time to buy Disney stock! Holy cow it has had a great run since Iger became CEO. This is a resoundingly successful quarter all things considered.
 

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