News Christine McCarthy to step down from her role as Chief Financial Officer

MisterPenguin

MisterPenguin

President of Animal Kingdom
Premium Member
Cliff said:
Was it worth 70 billion? In theory is was even more. Disney needs to service the debt it caused. How mush is interest on 70 billion? Regardless, may in the industry say it's only with 1/3 what Iger paid for it.

Too late now! The PARKS profits will sucked out to pay for that Fox deal over the next decade. Thank you Bob Iger!
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Disney sold off Fox's Sky, sports channels, and other assets. In the end, they only paid $30B net.

Then Disney made Fox worth more by integration with existing Disney corporate infrastructure such that it had a lot less expenses.

Then Disney made money on Fox's library through D+ and Hulu, including the profits from now owning 66% of Hulu, basically doubling their profit from Hulu.
 
S

seascape

Well-Known Member
MisterPenguin said:
Disney sold off Fox's Sky, sports channels, and other assets. In the end, they only paid $30B net.

Then Disney made Fox worth more by integration with existing Disney corporate infrastructure such that it had a lot less expenses.

Then Disney made money on Fox's library through D+ and Hulu, including the profits from now owning 66% of Hulu, basically doubling their profit from Hulu.
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I believe the net payment was around $40 billion but you are right everyone talks about the price they paid for Fox but exclude the payment they got for Sky and the RSNs and other assests they sold.
 
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Mmoore29

Well-Known Member
Cliff said:
No,...clear out the Burbank swamp "now" and start the healing tomorrow. As long as the Iger and his Board "cause" is there, you will not be able to fix the problems. The cancer needs to be removed FIRST.

Yes!,...there will be temporarily chaos for a short while. BUT!...once the fans and Wall Street see a REAL and "ACTUAL PLAN" for the future (a good one that is TRANSPARENT and not "suggestive" or "secretive") to move the company forward, Disney will grow and get healthy again.

In order to make an omelet, you NEED to break some eggs.

Disney NEEDS a Burbank EXCORCISM now!
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If you have your way, they'll go through five CEOs in five years, and the market will punish Disney by taking its stock back to the Eisner era lows. Disney will be ripe for a hostile takeover from Comcast yet again. And this time, Roy and Stan Gold are not there to save it. Abigail and her brothers aren't going to ride to the rescue; they want nothing to do with the company.

Disney will go to irrelevant, if not outright dead, and then you'll be BEGGING for Iger again.
 
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Cliff

Well-Known Member
MisterPenguin said:
Disney sold off Fox's Sky, sports channels, and other assets. In the end, they only paid $30B net.

Then Disney made Fox worth more by integration with existing Disney corporate infrastructure such that it had a lot less expenses.

Then Disney made money on Fox's library through D+ and Hulu, including the profits from now owning 66% of Hulu, basically doubling their profit from Hulu.
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On any content that goes to Disney Plus. Its VERY hard to say any title made money on Disney Plus. Everything they place there like Loki, She Hulk, Mandalorian...etc. doesnt generate sales numbers for itself on D+. Their job is to boost "subscriber" numbers. So we have no real profit & loss metrics for these things...unless they get licensed to another company or have actual "box office" sales to display. Its very hard for Disney to spend 200 million on Asoka and know if THAT show attracted 200 million worth of monthly subscribers over X years.

All these show costs are dumped into D+ with no actual way if they each carry their financial weight. If Disney never made Asoka and sat on that 200 million...would D+ subscribers numbers be exaclty the same "without" that show? Maybe? Probably?

If the answer is "yes" and Asoka does not move the monthly subscriber needle?...than the case for spending 200 million on that show is not good.
 
flynnibus

flynnibus

Premium Member
Cliff said:
On any content that goes to Disney Plus. Its VERY hard to say any title made money on Disney Plus. Everything they place there like Loki, She Hulk, Mandalorian...etc. doesnt generate sales numbers for itself on D+. Their job is to boost "subscriber" numbers. So we have no real profit & loss metrics for these things...unless they get licensed to another company or have actual "box office" sales to display. Its very hard for Disney to spend 200 million on Asoka and know if THAT show attracted 200 million worth of monthly subscribers over X years.

All these show costs are dumped into D+ with no actual way if they each carry their financial weight. If Disney never made Asoka and sat on that 200 million...would D+ subscribers numbers be exaclty the same "without" that show? Maybe? Probably?

If the answer is "yes" and Asoka does not move the monthly subscriber needle?...than the case for spending 200 million on that show is not good.
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Take a breather man...

Disney knows they make money with content by driving activity OUTSIDE of D+ itself as well. Merchandising, licensing, etc. And then on top of what they get now, they have an ASSET they can keep and keep using to drive different activities.

There is much more to a content creator's revenue model than simple 'box office' or immediate ad-sales. The content creators know this.
 
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Serpico Jones

Well-Known Member
Nelson Peltz is an expert at blowing up boardrooms and installing his own puppets. He’s done it at almost every company that he’s launched a fight against.
 
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Cliff

Well-Known Member
If Bob Iger says he is "exhausted" and "tired" right now from all of the pressure from investors, the board, Wall Street, lawsuits, Comcast/HULU, governors, Disney's customers...and now PELTZ??

I'm sorry to tell you Bob...but the next 6 months are going to be twice as hard as the last 6 months. Your job is about to get WAY worse....from EVERY direction. You better buy cases of energy drinks and Zanex.

Maybe it's finally time to let it go?
 
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Mmoore29

Well-Known Member
Lilofan said:
Frank Wells was a huge loss for Disney. His good friend Clint Eastwood must be counting his blessings. He did not ride in Wells's helicopter that day. He took another helicopter that fateful day when their group went skiing.
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Wells certainly was a loss. But he was not an infallible figure who could never do wrong, he was not this sainted angel a lot of you make him out to be. He was just as capable of mistakes as Eisner was. But he certainly did so many things right and he and Eisner were a great partnership.

Eisner and Iger could've been a great partnership too, if Eisner had done the ABC deal with the decision to make Iger his No. 2. If he'd done that before the time period when he talked to Ovitz, it would've worked out so much better for the company and for Eisner himself.
 
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Sweet tears

Member
Mmoore29 said:
In 2005? When he JUST TOOK OVER FROM EISNER?

He wasn't that protective back then. He just took the job.

So many of you say there were alternatives to Iger that should've taken the job in 2005 instead. BUT YOU NEVER PROVIDE NAMES.

ALL I WANT IS A NAME. ONE NAME, OF SOMEONE WHO'D BE "BETTER" IN 2005.
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There wasn’t anybody. Iger was the logical successor but Eisner was hesitant because he couldn’t read Iger and was somewhat threatened by him. He only committed after the exodus of Katzenberg et al
 
Dranth

Dranth

Well-Known Member
Sweet tears said:
There wasn’t anybody. Iger was the logical successor but Eisner was hesitant because he couldn’t read Iger and was somewhat threatened by him. He only committed after the exodus of Katzenberg et al
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Eisner borderline hated Katzenberg and drove him off so he was never an option.
 
pdude81

pdude81

Well-Known Member
Lilofan said:
In 1997 Disney gave $117M to Katzenberg to go away. Chapek was fired and all he got was $23M.
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Dranth said:
I may be misremembering but wasn't that money to Katzenberg part of The Little Mermaid contract mess?
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I believe that was a lawsuit settlement. Chapek was fired without cause so they had to pay him out. Katzenberg money was supposedly for bonuses he earned before they pushed him out..
 

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