News Bob Iger outlines the need to transform the Walt Disney Company resulting in 7000 job losses and $5.5 billion in cost savings

Sirwalterraleigh

Sirwalterraleigh

Premium Member
Vegas Disney Fan said:
There’s likely thousands of people who “quit” Disney every year… but for every guest lost they seem to gain 2 more.

They are basically Hydra at this point.
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The “they gain 2 more” is the most overused excuse ever.

And loss/gain is part of life. The boomers are going “boom”…their parents (the first Disney generation) is gone…

…so what has happened is far frivolous generations are now what you have to work with…lead by the most cynical generation ever.

So…with natural increase in travel - across the board, not just Disney - I ask: are they better off now?
Maybe.
Tomorrow?
Tougher to convince.
 
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Tom P.

Tom P.

Well-Known Member
Parker in NYC said:
Agreed. I’ve been reading about this theoretical breaking point since I first starting reading Disney forums in the newer olden days. “THIS WILL BE THE YEAR!” And time marches on. “But look at the layoffs!” Time marches on. “But look at these fancy spreadsheets!” Time marches on. The deluge.
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People who book a Disney vacation for their family couldn't give a rip about how many employees Disney has laid off this year or what their spreadsheets show. They don't care what cast members are making or how the latest union negotiations went. None of that stuff matters in the slightest to people just booking a vacation.

All they care about is (a) can I afford it and (b) do I enjoy it. That's it. There is no consideration beyond that. None.
 
Parker in NYC

Parker in NYC

Well-Known Member
Tom P. said:
People who book a Disney vacation for their family couldn't give a rip about how many employees Disney has laid off this year or what their spreadsheets show. They don't care what cast members are making or how the latest union negotiations went. None of that stuff matters in the slightest to people just booking a vacation.

All they care about is (a) can I afford it and (b) do I enjoy it. That's it. There is no consideration beyond that. None.
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Agreed. I’m just commenting on the fact that this “breaking point” is brought up every darn year, month, season. Disney’s making hundreds of thousands of dollars a day on Genie+ alone. People are continuing to go and continuing to be grifted. That family from Denver has ostensibly zillions of likeminded relatives.
 
Tom P.

Tom P.

Well-Known Member
Parker in NYC said:
Agreed. I’m just commenting on the fact that this “breaking point” is brought up every darn year, month, season. Disney’s making hundreds of thousands of dollars a day on Genie+ alone. People are continuing to go and continuing to be grifted. That family from Denver has ostensibly zillions of likeminded relatives.
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I agree, but I still say that it cannot continue indefinitely. Take it to the absurd extreme. If Disney raised their daily park prices to $1,000,000 tomorrow, there's probably somebody who would pay that, but 99.9% of their clientele simply couldn't afford to and wouldn't think it was worth it even if they could. So somewhere between the current pricing and the absurd extreme like that, there is a real breaking point that will be hit eventually where Mr. & Mrs. John Smith from Hackensack, NJ simply literally cannot afford it.
 
KeithVH

KeithVH

Well-Known Member
Vegas Disney Fan said:
There’s likely thousands of people who “quit” Disney every year… but for every guest lost they seem to gain 2 more.

They are basically Hydra at this point.
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1679944280209.png
 
Sirwalterraleigh

Sirwalterraleigh

Premium Member
Kamikaze said:
Meh. Value to one person isn't the same to another, so its almost always impossible to judge it for someone else.

I value my time enough that $15 for a ILL to save standing in line for an hour is worth it.
I value convenience enough that I'd rather park in the airport garage for $10 more a day than to park in an off-site lot.
Others might not see the same value for their time or convenience, and its not up to me - or you, or anyone else - to judge them for that.
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So the same argument repeated verbatim here in defense of stupid actions because it’s not illegal to be stupid?

Yeah I got it…the world is “grey”…
But black and white do - in fact - do still exist.

Wait…unless Florida outlawed black and white today? Did I miss that? 🤔
 
KeithVH

KeithVH

Well-Known Member
Parker in NYC said:
Agreed. I’m just commenting on the fact that this “breaking point” is brought up every darn year, month, season. Disney’s making hundreds of thousands of dollars a day on Genie+ alone. People are continuing to go and continuing to be grifted. That family from Denver has ostensibly zillions of likeminded relatives.
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See my emphasis. Trying to understand here. My impression is, when you say this, that they shouldn't be doing whatever it is they do to capture $100K+/day on Genie+. If so, what would an acceptable amount be?
 
Parker in NYC

Parker in NYC

Well-Known Member
Tom P. said:
I agree, but I still say that it cannot continue indefinitely. Take it to the absurd extreme. If Disney raised their daily park prices to $1,000,000 tomorrow, there's probably somebody who would pay that, but 99.9% of their clientele simply couldn't afford to and wouldn't think it was worth it even if they could. So somewhere between the current pricing and the absurd extreme like that, there is a real breaking point that will be hit eventually where Mr. & Mrs. John Smith from Hackensack, NJ simply literally cannot afford it.
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One million dollars? That’s one hell of a jump. So, of course. But it looks like, at this point, the narrative once that Splash Mountain and politics WILL keep the King and Queen of Hackensack away, is just plain wrong.
 
Sirwalterraleigh

Sirwalterraleigh

Premium Member
Tom P. said:
I agree, but I still say that it cannot continue indefinitely. Take it to the absurd extreme. If Disney raised their daily park prices to $1,000,000 tomorrow, there's probably somebody who would pay that, but 99.9% of their clientele simply couldn't afford to and wouldn't think it was worth it even if they could. So somewhere between the current pricing and the absurd extreme like that, there is a real breaking point that will be hit eventually where Mr. & Mrs. John Smith from Hackensack, NJ simply literally cannot afford it.
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Nothing…with economics can exist forever.

Rome falls.

The people that say things are “unlimited”…are the morons who crash things
 
Sirwalterraleigh

Sirwalterraleigh

Premium Member
KeithVH said:
See my emphasis. Trying to understand here. My impression is, when you say this, that they shouldn't be doing whatever it is they do to capture $100K+/day on Genie+. If so, what would an acceptable amount be?
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That battle is over…we lost it.

But it doesn’t stop people from crying for their prebooked fast passes daily 😂


The problem with the paid system is it will turn back on them and be a nightmare if they don’t start getting to fleshing out those parks. It’s just not gonna work with big thunder and Peter Pan.
 
Sirwalterraleigh

Sirwalterraleigh

Premium Member
Tom P. said:
Who gets to define what Disney purchases are stupid and which are not?
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The same way it was decided since the beginning of time: by human brain power in search of a logical stance that works for the most.

I have no problem with personal opinions. We all have them.
But that doesn’t make it a “truth that I determine”
And that’s what always happens. Now NOTHING is bad for the consumer because there’s always someone who defends it.

That makes Congress look “efficient”
 
Parker in NYC

Parker in NYC

Well-Known Member
KeithVH said:
See my emphasis. Trying to understand here. My impression is, when you say this, that they shouldn't be doing whatever it is they do to capture $100K+/day on Genie+. If so, what would an acceptable amount be?
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Don’t twist my words. I’m saying if they’re making that much, they aren’t going into the sewer underneath The Creations Shop. This is free revenue.
 
TP2000

TP2000

Well-Known Member
Willmark said:
I’m of the opinion that the days of reaching every single customer is likely over for Disney. There is no way that can happen anymore. I’m trying to phrase it fairly delicate here.

As far as Pixar they reached their zenith around 2010/11 IMO. After that there has been a few ok ones, but hard to reach the level of the initial run culminating with their high water mark as it were: WALL-E and Up!
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I would agree with you. And it's sad to think about it that way, but there it is.

I'm also of the opinion that there is no good reason to have two lavishly funded and fully staffed animation studios 400 miles apart from each other now making basically the same films that don't do well at the box office. (Burbank and Emeryville, for non-Californians)

I doubt we'll see anything out of this 7,000 layoff phase, but after the dust settles on that I would think Iger or his successor will have to answer the tough question: "Why can't we consolidate our two animation studios into one location in Burbank? If we merge Pixar and WDAS, we'd save a lot of money making films that no longer do very well at the box office and that American families no longer inherently trust to take their children to."

If Wish and Elemental both don't do big numbers at the box office later this year, that's a question that simply must be asked.

And save me the argument that one or both might get a great review in the LA Times, or have glowing reviews from online reviews at Rotten Tomatoes. You can't take gushing online reviews to the teller's window at the Burbank branch of Bank of America. You can only take box office revenue to the teller's window, nothing else matters.
 
D

DCBaker

Premium Member
More details emerge following the layoff news today -

"Details are starting to emerge about the first wave of Disney layoffs. It involves a consolidation of production operations across Disney TV Studios, Hulu, Freeform and FX under Carol Turner and the shutdown of the studio operation’s Creative Acquisitions department.

Mark Levenstein, SVP Production for Hulu, and Jayne Bieber, SVP, Production Management & Operations for Freeform, are leaving as Turner, EVP and head of production for ABC Signature, is taking on an expanded role, with Network and Platform production for scripted television across Disney Entertainment getting consolidated under her. 20th Television EVP and head of production Nissa Diederich, and Nick Lombardo, SVP and head of production for FX, will now to report to her.

In her new role, Turner will report to Eric Schrier, Disney Television Studios & Global Original Television Strategy for Disney Entertainment.

Additionally, Elizabeth Newman, VP of Development who was based at 20th Television while overseeing Creative Acquisitions for Disney Television Studios, is leaving and the department will be dissolved. Its functions will be absorbed by the studios."

Full article below.

deadline.com

Disney General Entertainment Layoffs Include Mark Levenstein, Jayne Bieber & Elizabeth Newman As TV Production Gets Consolidated, IP Acquisitions Dissolved

Details are starting to emerge about the first wave of Disney layoffs.
deadline.com deadline.com
 

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