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What's Still On and What's Now Off
- Thread starter WDW Pro
- Start date
Captain Neo
Well-Known Member
Mary Poppins and Moana getting cancelled would be wonderful. If we learn anything from this crisis its that we as a society should put more emphasis on Science and less emphasis on mind-numbing movie tie ins.
Animaniac93-98
Well-Known Member
Sirwalterraleigh
Premium Member
What part is more funny to them?...
1. Cuts and cancellations that are all but guaranteed.
2. The idea that those parks may not open for six months or more
(I can see you
, scared pixies 
)
Sirwalterraleigh
Premium Member
FTFY
UNCgolf
Well-Known Member
They're just naive if they think stuff like Mary Poppins is definitely still coming any time in the near future. It was looking bleak even before this happened.
WondersOfLife
Blink, blink. Breathe, breathe. Day in, day out.
It may be more of the bankruptcy side of the post.
Again, that's the plan if they can somehow get the parks open before June. People are underestimating just how difficult it is to restart everything; none of this was ever designed to be shut down for a significant period of time.
Zilch. The money is dry. The losses from closing all theme parks is in the billions, ESPN is essentially down, and the only revenue streams currently are ABC and Disney+... even merch is non-existent at this point.
I can tell you I'm not Brayden. And if he uses this thread for his next video, I expect citation.
I'm not sure your math is adding up... too simplistic. Additionally, there are huge costs associated with restarting the parks after long downtime. If Disney has every single theme park down through September (I said through summer), plus sports don't start up (ESPN down), plus China doesn't start mass-producing Mickey plushes (merch bring in no money), and unemployment rates in the US climb up to the 20% range... it's going to be bad. I'm not sure some of you are realizing just how bad this can get if we don't find a pharmaceutical intervention soon.
And yes, I see that one of you has had COVID-19. Unfortunately, your rather mild symptoms don't reflect 20% of the population's reaction to the disease (for reasons we don't yet understand). When 15-20% of the population requires significant medical intervention to get through a disease, and when contagion levels are this high, you can easily see how your healthcare system becomes overwhelmed as we see in Italy, Spain, Iran, etc. We're not ordering stay-at-home measures for the first time in the history of the United States because this is like the flu.
This thing changes every 24 hours, but I do not believe that is the intent as of a few hours ago. Disney will continue to plan for the soonest possible restart to provide flexibility, but the 20th does not currently seem doable. The whole world is waiting to see if there's a pharmaceutical intervention that can save of us from a global depression.
Now, and yesterday.. absolutely. Tomorrow? Such a decision wouldn't be made from of the history books, it will be made from the projections.
Sirwalterraleigh
Premium Member
That is the reality of now...Disney can’t restart based on a 10 year goalpost.
You’re not one that thinks Disney+ is gonna carry them, do you?
It’s a nice platform...but a very limited one.
UNCgolf
Well-Known Member
Oh, yeah, that's pretty unlikely. I said earlier that Chapter 11 isn't out of the realm of possibility depending on how bad things get, and I don't think it is. I'd still be shocked if it actually gets to that point, though.
I do think a lot of people hear bankruptcy and think that means the company is shutting down permanently when that's not usually the case for businesses.
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jt04
Well-Known Member
WWII didn't stop Disney or many other American companies. Just saying.
jmp85
Well-Known Member
Off topic, but glad to see you're doing better mate.
Sirwalterraleigh
Premium Member
You can’t be that’s naive.I'm not at all suggesting that buybacks are always positive. I'm not suggesting that at all.
I think it's odd that pundits and political figures get pushed out of shape regarding buybacks but don't utter a peep when it comes to dividends, which serve exactly the same purpose. Could it be that buybacks don't result in as much tax revenue as dividends, given that investors have the option of selling, often without much of a gain, while they don't have the option of refusing a dividend?
I do think some companies have gone overboard. I don't think Disney is one of them.
I don't understand how basic economics is "artificial" but okay.
A company buying its own stock to create scarcity artificially and boost price...which gives false payouts to the shareholders via price and dividends...which is then used as a justification of executive compensation, bonuses and parachutes....
Is not “supply and demand”
Did you study at the university of Chicago without ever sleeping??
jt04
Well-Known Member
Just one of the building blocks.
Sirwalterraleigh
Premium Member
I’d ask if you have any idea of the difference between the integration of societies now and during WW2...not to mention social patterns and habits...but I feel like it’s a can of worms so i’ll just say “excellent point!!
“
jt04
Well-Known Member
You can't even manage your bitterness during an existential crisis?
UNCgolf
Well-Known Member
Disney was actually pretty close to failing as a company in 1940 -- WW2 probably helped Disney more than anything (since they were used to produce propaganda thus giving them work), which is actually true of a lot of American companies. WW2 isn't a good comparison for this at all.
Regardless, I still don't think Disney is going to have to file Chapter 11.
Everything in this thread depends on when we get a pharmaceutical intervention. Do I expect "lurkers" to be so adept to consider that? No. Do I care? No.