It was in fact a concession Disney made to get approval for the 21CF merger. They were given 18 Months to dispose of it. It took longer because of COVID and the challenge of finding a buyer.
The $5 Billion dollar charge was for international operations (writing the value of the international channels down to their value). It would have happened with our without Covid-19. Also, if there are no baseball games on ESPN, then they don't have to pay MLB for the rights. But ESPN is...
Let's say Mulan in Theaters is going to earn $400 Million, over 6 weeks. To match the same revenue, Disney will need to get 13.4 million households to rent the movie. If you assume Disney would have kept 70% of the gross, and with VOD Disney is keeping 100% of the purchase price, the total...
23.1 Billion in Cash on hand at the end of the quarter. Thats up from $5.4 Billion in April. Reflecting a bunch of borrowing and some debt coming due this year due to the 21CF acquisition, but the firm is not cash poor or on the brink of bankruptcy.
We just returned from an 8 day stay at the Riviera. Our experience was the same as yours..... Frankly we felt safer at Disney than we do back at home in NC. The airport was the scariest part of the trip..... You didn't miss anything at Epcot. With Covid or not, the place is just sad. It is...
I was at Disney for the last week (Stayed at the Riviera which was awesome). The crane they are using for Harmonious was moving around, swinging right and left the whole time we were there! FWIW
It may happen tomorrow, but hasn't happened yet, Florida isn't averaging 500 new admissions a day. The 7 day average is 375, vs 302 last Thursday and 258 two Thursday's ago.
Some facts from the raw data reported today. I know there are 156 Deaths reported, but in the actual data file there are only 126 listed
Of the 126 souls who died, 1 was initially reported with Covid in April, 4 were reported in May, 43 were reported in June and 78 were reported with the virus...
Scott Gottlieb was just on CNBC and the reporter asked him about this..... The CDC will still get the data it has been receiving andthe CDC will make the data available to the public. The CDC infrastructure is old and processes are antiquated (not designed to handle these volumes). According...
I’ll do it for you...oh hell yeah we are gonna see a ton of jobs eliminated and a renewed push for more streamlining and automation coming out of this.
I agree, but don't think there is anything magical about this quarters earnings announcement which would make Disney wait. If they are going...
The change in the death rate they are reporting is a change of 0.000057%. I know it is morbid, but the change in the death rate is not statistically significant, and tying them all to COVID is to easy of an explaination
We have Hotel, Park Tickets and Park Reservations for late next month. We had purchased park hoppers before the Virus arrived, and were due a credit. Using the chat feature on waltdisneyworld.com, we (yesterday) chatted with a CM to see if we could change our 7 day tickets to 8 day tickets, and...
My Daughter and I were able to chat with a CM this morning. We have resort reservations and tickets and were calling to try to add another day to our tickets. She wasn't able to add a day for us today, but said we should try back tomorrow at 7am Eastern (to your question) when the queue will...