Sirwalterraleigh
Premium Member
Values?
It was $54 at the moderates not that long ago…
Which is about the right price
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News Bob Iger outlines the need to transform the Walt Disney Company resulting in 7000 job losses and $5.5 billion in cost savings
- Thread starter wdwmagic
- Start date
It was $54 at the moderates not that long ago…
Which is about the right price
Sirwalterraleigh
Premium Member
People are out of money/credit and there’s no way they can pay the prices on the lower rooms? Which causes a “reverse ladder” effective on the demand?
That’s why we wear New Balance sneakers so we walk the miles in comfort.
Parker in NYC
Well-Known Member
The whole thing is a swamp of sadness. Oops, wrong franchise.
Honestly, what Disney is going through today is the culmination of years of very bad Disney management decisions. This is literally the classic "cause & effect" concept at play.
I think that for years, Disney has believed that they were "too big to fail" and have been putting out products backed with that kind of company culture errogance. They had an attitude of "we can do whatever we want and it will always be sucessfull".
For the first time in decades....I believe the company now feels vulnerable and maybe even a bit more humble now? At least a little bit anyway.
Agree or disagree.....but market forces cannot be denied by anybody. Disney's decisions are the "cause" and the financial blow to Disney is the "effect" that comes from the market and Disney's actual customers.
I hope that Disney in 5 years will learn from this and learn humility. Sadly, the employees from the middle to the bottom will pay the price for the bad choices that were made by the top, highest paid people. The people being hit the hardest were NOT the cause of all of this.
I think that for years, Disney has believed that they were "too big to fail" and have been putting out products backed with that kind of company culture errogance. They had an attitude of "we can do whatever we want and it will always be sucessfull".
For the first time in decades....I believe the company now feels vulnerable and maybe even a bit more humble now? At least a little bit anyway.
Agree or disagree.....but market forces cannot be denied by anybody. Disney's decisions are the "cause" and the financial blow to Disney is the "effect" that comes from the market and Disney's actual customers.
I hope that Disney in 5 years will learn from this and learn humility. Sadly, the employees from the middle to the bottom will pay the price for the bad choices that were made by the top, highest paid people. The people being hit the hardest were NOT the cause of all of this.
Sirwalterraleigh
Premium Member
It’s actually their exact management theory under Bob. It’s hurting them…and he’s gotta go.
Don’t believe me…read about it:
…as far as “lessons”…it’s too late. You can’t fall for quarterly Wall Street performance antics and then go back to 1980…
Best we can hope is whoever they merger/sell themselves to truly is too big to fail
Well you can, you just need to become a privately held company where the owner isnt focused on that (ie not a VC firm.)
Sirwalterraleigh
Premium Member
Have we met?
I’ve advocated Disney being taken private on forums for about 15 years (date NOT a coincidence)…
It the only way to “save it”
But being so massive - it’s almost impossible.
Let’s pool our money
mightynine
Well-Known Member
You're not getting any money from me, I don't want to have to face nonstop questions about DreamfinderHave we met?
I’ve advocated Disney being taken private on forums for about 15 years (date NOT a coincidence)…
It the only way to “save it”
But being so massive - it’s almost impossible.
Let’s pool our money
flynnibus
Premium Member
all the people trying to beat the drum that this is all a consequence of disney's creative decisions to promote DEI are really just grasping at straws here.
Disney is having to refocus here now because of massive content failures - but because of structural issues, massive growth, expansion and efforts in complex new markets, and tons of acquisition baggage accumulating. These things are not fixed or exposed by certain films failing or whatever... It's all 'internal debt' that the company eventually has to face.
With the external pressures caused by the prior debt, the acquisition scrutinies, and investor pressures... all these things point to leadership trying to address their internal structure and organization.
You're not going to see Disney retreating to 1970s moralities and safe-content as a result of these layoffs of pressures to right the ship.
Disney is having to refocus here now because of massive content failures - but because of structural issues, massive growth, expansion and efforts in complex new markets, and tons of acquisition baggage accumulating. These things are not fixed or exposed by certain films failing or whatever... It's all 'internal debt' that the company eventually has to face.
With the external pressures caused by the prior debt, the acquisition scrutinies, and investor pressures... all these things point to leadership trying to address their internal structure and organization.
You're not going to see Disney retreating to 1970s moralities and safe-content as a result of these layoffs of pressures to right the ship.
Have we met?
I’ve advocated Disney being taken private on forums for about 15 years (date NOT a coincidence)…
It the only way to “save it”
But being so massive - it’s almost impossible.
Let’s pool our money
The only thing that will save the parks is a dissolution and sale. The ideal outcome would be for this to happen with OLC being the buyer since they actually care about how the parks are run, care about show, and consistently invest in new capex. I know this was discussed in the past - I would love for it to actually happen.
Sirwalterraleigh
Premium Member
I don’t think their struggles really have anything to do with “agenda”
Their content has become so risk averse that they actually have forgotten how to tell a good story with staying power.
For instance: Disney/LFL management could never…ever…film a movie like empire strikes back.
They just have no sense of the “guts” of why humans develop emotional ties/bonds to things.
Sirwalterraleigh
Premium Member
I agree…and alot of that is on Disney.
Vegas Disney Fan
Well-Known Member
Personally I think Disney has lost some of the blind trust they used to enjoy but I think it’s been greatly exaggerated, reading some comments you’d think they‘re pushing adult content on kids but the truth is they’ve transitioned from a ”G“ rated company to a ”PG“ rated company. Still family friendly, just requiring a little bit of supervision that the formerly G rated movies didn’t require.
I totally agree they’ve lost their nerve though, and it’s partially the audiences fault, we flock to the sequels, Marvel, and Star Wars and the original movies (Tomorrowland, etc) fail spectacularly.
Sirwalterraleigh
Premium Member
I don’t disagree
But I might add that they have really low expectations of their audience and the audience…almost organically…no longer is developing the same kinda bonds that they once did.
Treat people as stupid and they’ll begin to not offer the benefit of the doubts.
My Angle? The live action remakes are so cynical. A one and done for viewers because there’s nothing to think about afterwards.
And two of the most blatant, insulting remakes I could conjure up: Mary poppins and the farce awakens. Thanks for literally nothing. Then blame the audience for fallout because they’re too stupid to call it what it is?
Even saviour Bob…who still needs go…
MORE Toy Story
MORE Frozen
MORE Zootopia
If Disney goes from a public to a private company some items that can work in their favor is that they don't have to report to shareholders and do not have to publicly report earnings.Have we met?
I’ve advocated Disney being taken private on forums for about 15 years (date NOT a coincidence)…
It the only way to “save it”
But being so massive - it’s almost impossible.
Let’s pool our money
Vegas Disney Fan
Well-Known Member
Going for the safe, low risk, bet... I hate it but I’d probably do the same.
I’m still bothered by the comment about rejecting good scripts if they don’t meet diversity standards, if it’s a good story it should be made, or at worst modified, not outright rejected, story needs to become the #1 priority again.
Tha Realest
Well-Known Member
Where was that comment made?
Epstein’s dismissal was part of companywide layoffs that impacted Elizabeth Newman, VP of Development who was based at 20th Television while overseeing Creative Acquisitions for Disney Television Studios; Mark Levenstein, SVP Production for Hulu; Jayne Bieber, SVP Production Management & Operations for Freeform; and nearly the entire Disney metaverse team.
Looks like they are starting at the exec level
Looks like they are starting at the exec level
asianway
Well-Known Member
He was a VP? For some reason I thought he was a manager