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

[DreamfinderGuy]

Did we all see they officially announced shorter hours or am I late? Shorter hours

I believe it was already mentioned here that cutting hours would happen sooner than later. That would give everything else more credibility, which is not good.

 

[Moka]

I believe it was already mentioned here that cutting hours would happen sooner than later.

Yeah I knew it was mentioned before, but I didn't know if they had seen the OFFICIAL thing. Mainly I saw guesses.

 

[Father Robinson]

Right now? No. It would be fiscally irresponsible to take on a new project without knowing how long the current situation is.

But once the current situation ends, there is no financial reason not to go ahead with a project they announced. It just means other projects that haven't been announced yet drop back in the queue.

So, before there's a replacement for SGE, Primeval Whirl, JII, the DHS 'black box', etc... Then the SM revamp will take place.

Praying that it turns into a Main Street Theater situation.

 

[Sirwalterraleigh]

My full views have shifted a bit, but I’ve done enough research to say my opinion is rather firm and locked in.

I’m a very very flawed person in my own right, and many of my flaws are caused by significant experiences in my life. I try to inquire about the life experiences of others in order to understand their flaws.

Sure, but there's a big difference from when it was only Disney/Pixar/ABC/ESPN, to now.

Thanks to Iger, the name "Disney" includes everything from Pixar/ABC/ESPN/StarWars/Marvel/Fox/Hulu/NatGeo too.

It was big in 2005...it was just run a different way. Their goals and priorities still had a bridge to the past...which was sometimes a good and sometimes a bad thing...

It hasn’t been run that way at all since.

 

[Sirwalterraleigh]

Right now? No. It would be fiscally irresponsible to take on a new project without knowing how long the current situation is.

But once the current situation ends, there is no financial reason not to go ahead with a project they announced. It just means other projects that haven't been announced yet drop back in the queue.

So, before there's a replacement for SGE, Primeval Whirl, JII, the DHS 'black box', etc... Then the SM revamp will take place.

I absolutely think nothing will change that now. Splash Mountain is going away. If they don’t want to spend too much on a retheme...they simply won’t.

 

[J4546]

I think the fox deal was good l, and I really think one of the biggest parts of that deal was Star India. Star India reaches 600+ million people in 100 countries broadcast in a bunch of languages something like 9/10 households with cable in india have star. Combined with HotStar, their streaming platform which is like netflix, I think they are gonna reach a huge new audience. This is an investment that could really payoff in a a few years.

I wonder if Bollywood and other foreign stuff will start being put up on Hulu because of this? There are some insane Indian super hero movies lol

 

[Mac Tonight]

It was big in 2005...it was just run a different way. Their goals and priorities still had a bridge to the past...which was sometimes a good and sometimes a bad thing...

It hasn’t been run that way at all since.

That’s probably the best way to describe it... having a bridge to the past.

Modern Disney almost treats Walt like some mythical “legendary” figure, instead of the company’s founder. I’d be shocked if Chapek saw more in him than just being one half of the Partners Statue in the Parks.

 

[easyrowrdw]

FYI, self-admission block outs have been lifted at AK, MK and Epcot thru Thursday. CM's can now check for reservations. So while not a fully, rolling week in advance yet, CMs should get in the habit of checking to see if the next week has opened up, if they are wanting to go. Not sure how much impact it will have as long as sign-ins are still blocked. Full-timers would want to bring their families, I imagine.

Was that today too? I looked at the app and wait times were a good bit higher than what I'd seen before.

 

[GoneViral]

I can definitely see them putting more shows on Disney+. But they didn't charge extra for Hamilton, and that's one of the biggest Broadway shows of all time. Seems like that would have been the place to float an extra payment for a stage show.

Of course, charging for the newest Pixar movie would have made more sense than charging for Mulan, so those were likely just attempts to get more subscribers to boost numbers while the parks were shut down.

See, I think that the success of Hamilton is what will cause them to explore this idea. Hamilton has apparently overperformed relative to expectations. I'm guessing that opens the door for other Disney musicals to play this way, although it's just as possible that Disney+ has them on the basic service instead.

BroadwayHD has previously indicated that filming can cost anywhere between $2-$4 million. So, that's an extremely low price for content in the current market.

BTW, I hadn't believed the rumors about Soul skipping video right up until Chapek said that. Now, I fully believe that Soul comes out with the same release pattern as Mulan.

 

[hopemax]

Was that today too? I looked at the app and wait times were a good bit higher than what I'd seen before.

Yes.

 

[MonorailCoral]

• Magic Kingdom – 9am to 6pm (previously closed at 7pm)
• EPCOT – 11am to 7pm (previously closed at 9pm)
• Disney’s Hollywood Studios – 10am to 7pm (previously closed at 8pm)
• Disney’s Animal Kingdom – 9am to 5pm (previously closed at 6pm)

There is something seriously wrong when DHS is open longer than EPCOT.

Then again, they had already killed morning EPCOT for me years ago when they killed off the Breakfast Panini sandwich at The Land.

 

[Mahoc1970]

You need to take some

I think the fox deal was good l, and I really think one of the biggest parts of that deal was Star India. Star India reaches 600+ million people in 100 countries broadcast in a bunch of languages something like 9/10 households with cable in india have star. Combined with HotStar, their streaming platform which is like netflix, I think they are gonna reach a huge new audience. This is an investment that could really payoff in a a few years.

I wonder if Bollywood and other foreign stuff will start being put up on Hulu because of this? There are some insane Indian super hero movies lol

you need to take a course in business. This was a poor decision. Publix now makes more money than Disney. If they had invested in that company they would be profitable. These mega accusations often fail.

 

[TheMagus]

Leaders at WDW have started calling furloughed O&T Cast, with the message that they do not know when they will be called back, and that they should consider looking for other jobs. If they do so, will Disney continue to pay their medical benefits? If a person does get another job, but does not tell the Company, how would they know?

It is a strange message. On the one hand, it is very honest, but it also seems like an attempt to avoid a layoff- if people just find other jobs, no layoff is needed.

 

[Sirwalterraleigh]

Leaders at WDW have started calling furloughed O&T Cast, with the message that they do not know when they will be called back, and that they should consider looking for other jobs. If they do so, will Disney continue to pay their medical benefits? If a person does get another job, but does not tell the Company, how would they know?

It is a strange message. On the one hand, it is very honest, but it also seems like an attempt to avoid a layoff- if people just find other jobs, no layoff is needed.

If true...that’s super sad...if not at all unexpected

And the point of that is to get people off the benefits without a lay-off...because Disney May be limited on that front.

 

[pheneix]

I think the fox deal was good l, and I really think one of the biggest parts of that deal was Star India. Star India reaches 600+ million people in 100 countries broadcast in a bunch of languages something like 9/10 households with cable in india have star. Combined with HotStar, their streaming platform which is like netflix, I think they are gonna reach a huge new audience. This is an investment that could really payoff in a a few years.

I wonder if Bollywood and other foreign stuff will start being put up on Hulu because of this? There are some insane Indian super hero movies lol

KRRISH!!!

 

[MisterPenguin]

you need to take a course in business. This was a poor decision. Publix now makes more money than Disney. If they had invested in that company they would be profitable. These mega accusations often fail.

It is not surprising that an essential business that was open throughout the lockdowns made more money than a business that relies on entertainment, which had to close most of its business.

By your measure of wise stewardship of a business, then Publix is smarter than all movie companies, theatrical companies, gyms, salons, retail stores, and movie theater chains.

Because Disney's portfolio contained long-established TV channels, it's operating segments as a whole pretty much broke even. And it has access to a $40 Billion nest egg to get it through this type of business disruption or recession.

Stocks are up for DIS. Apparently people who have taken courses in business think Disney's fine financially and is poised for a big comeback.

 

[Sirwalterraleigh]

It is not surprising that an essential business that was open throughout the lockdowns made more money than a business that relies on entertainment, which had to close most of its business.

By your measure of wise stewardship of a business, then Publix is smarter than all movie companies, theatrical companies, gyms, salons, retail stores, and movie theater chains.

Because Disney's portfolio contained long-established TV channels, it's operating segments as a whole pretty much broke even. And it has access to a $40 Billion nest egg to get it through this type of business disruption or recession.

Stocks are up for DIS. Apparently people who have taken courses in business think Disney's fine financially and is poised for a big comeback.

You had me till the end. Stocks are of no reflection of the conduct of a companies business anymore. It’s speculative. If there was ever any doubt of that before...covid has ended it.

Not judging the system...that’s the game. I just can’t supoort that Disney’s stock prices is a reflection of their management. The only outlier is a disaster/precipitous fall into bankruptcy.

 

[wdw71fan]

It is not surprising that an essential business that was open throughout the lockdowns made more money than a business that relies on entertainment, which had to close most of its business.

By your measure of wise stewardship of a business, then Publix is smarter than all movie companies, theatrical companies, gyms, salons, retail stores, and movie theater chains.

Because Disney's portfolio contained long-established TV channels, it's operating segments as a whole pretty much broke even. And it has access to a $40 Billion nest egg to get it through this type of business disruption or recession.

Stocks are up for DIS. Apparently people who have taken courses in business think Disney's fine financially and is poised for a big comeback.

We have a lot of people in this country that weigh in on things that they know nothing about.. It happening regarding disneys future doesn't surprise me one bit..

Disney will be fine, WDW will be fine.. We'll be off this reservations system before you know it. Ever ask yourself why the system isn't intergrated into the My Disney Experience APP?

 

[MisterPenguin]

We have a lot of people in this country that weigh in on things that they know nothing about.. It happening regarding disneys future doesn't surprise me one bit..

Disney will be fine, WDW will be fine.. We'll be off this reservations system before you know it. Ever ask yourself why the system isn't intergrated into the My Disney Experience APP?

Hastily thrown together kludge and no time to port it to the two extra operating systems of Android and iOS?

 

["El Gran Magnifico"]

Stocks are of no reflection of the conduct of a companies business anymore.

Not when you have a "magical" printing machine. I'm trying to find one for myself. No luck so far. I thought I found one. When I turned it on - it printed a "Bob Buck"