KeithVH
Well-Known Member
No, Citizens United v. Federal Election Commission. 2010 Supreme Court case delineating corporate rights.
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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
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No, Citizens United v. Federal Election Commission. 2010 Supreme Court case delineating corporate rights.
BaconPancakes
Well-Known Member
I enjoyed Turning Red, but I have no desire to see it again.
flynnibus
Premium Member
What LOUD warning signals are the market sending? What 'market has been screaming at Disney to stop'. Please define this 'market' you keep referring to as singular and uniform.
What specific suffering is that?
Disney wasn't failing - the public tolerance for what they were spending on (vs giving it back to investors) is what changed.
Peltz was arguing over spending... as said to Fortune after he backed off...
"“As we’re listening to Iger’s list of changes, restoring the dividend, big cost cuts, scaling back breakneck growth in streaming, making creative people fully responsible for their P&Ls, we’re going, ‘Check, check, check’—this is practically everything we wanted,” says Peltz
KeithVH
Well-Known Member
At first, I thought maybe changing D+ behaviors over time and possible box office drops? But then again, they did very good this year (albeit lower than before C19). The major bad boy here seems to be Pixar ($250M+ loss over the last few films). And then I realized this isn't a huge revenue stream as one might think. So maybe no warning signals are being sent? At least not in DPEP.
Anyone know if the data above has been updated through last year? Would directly provide proof or not if any group(s) was really making a difference that would make the company sit up and take notice.
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Tha Realest
Well-Known Member
I think the parks have had record revenue, so that should go up. Not sure if that includes the “and products” numbers. Media Networks would presumptively include ABC, ESPN, and I think those revenues are down. Studio entertainment almost certainly took a hit since 2019 had Avengers: Endgame, Star Wars Rise of Skywalker, Aladdin, Toy Story 4, and Dumbo.
MagicHappens1971
Well-Known Member
Captain Marvel came out in 2019 as well, making over a billion at the box office. Movie ticket sales are down with combination of the launch of all the streaming and the Pandemic.
Elijah Abrams
Well-Known Member
- In the Parks
- Yes
Does everyone here think the 7,000 job cuts are just the beginning for Disney? I imagine there will be more than just that.
John park hopper
Well-Known Member
These cuts IMO are only the beginning for Disney and there will be many cuts by corporations as the economy takes a dive and the dollar becomes less attractive to foreign countries thus loosing value
What’s this about the dollar being less valuable? Against what currency? This is the five year chart but notice how the dollar spiked in value when we started raising our interest rates first but then fell when other countries got in line and had since stabilized.
GimpYancIent
Well-Known Member
All currencies fluctuate, constantly, sometimes radically, sometimes there are periods of stability. That is why traders involved in currency exchange call it speculation, yep betting that guesses about upturns and down turns are correct. The only master currency manipulator currently out there (he deals in big numbers) is Mr. George Soros and even he has taken loses.
I know but I’m tired of hearing about the dollars dropping value and its end when trends show the exact opposite. The fact is, there is no alternative to the dollar. The Euro, SK Won and the Pound are intrinsically linked and the product of a smaller economy that is unlikely to become bigger than the US in this lifetime. The Yen is linked to an economy that’s aging and still hasn’t erased the crash it had 35 years ago and finally the RMB is manipulated and centrally controlled so much it’s impossible to determine it’s true value, and the CCP is unlikely to ever let it be determined by the free market. Don’t get me started on crypto.
John park hopper
Well-Known Member
I did not say it was happening now, many countries are moving away from the dollar and it will have an effect
at some point in the future.
"De-Dollarization: More Countries Seek Alternatives to the U.S. Dollar
The U.S. dollar has dominated global trade and capital flows over many decades.
However, many nations are looking for alternatives to the greenback to reduce their dependence on the United States."
"Argentina and Brazil are discussing a common currency. ..
Jan 23, 2023 — At a press conference in Buenos Aires, he said establishing a common currency for trade would reduce reliance on the US dollar, whose sharp ."..
at some point in the future.
"De-Dollarization: More Countries Seek Alternatives to the U.S. Dollar
The U.S. dollar has dominated global trade and capital flows over many decades.
However, many nations are looking for alternatives to the greenback to reduce their dependence on the United States."
"Argentina and Brazil are discussing a common currency. ..
Jan 23, 2023 — At a press conference in Buenos Aires, he said establishing a common currency for trade would reduce reliance on the US dollar, whose sharp ."..
GimpYancIent
Well-Known Member
At one time Disney had its own currency. TWDC could (actually should) bring its own currency back and be available for all who visit either "The Happiest Place On Earth" or "The Most Magical Place On Earth". As a collector item it has value in excess of it face value.
neato. I have a few of those from back in the day.
“In an effort to improve the financial standing of the company, CEO Bob Iger will announce Monday that TWDC is acquiring Dollar Tree (NASDAQ: DLTR) in a cash-and-stock deal for an estimated $40 billion. Mr. Iger called the deal, “A bargain at twice the price!”. Subsequent to the deal being approved, all Dollar Tree locations will be rebranded as ‘Disney Store’. Further information will be available later this year.”
Rumor has it they are coming back for the Disney100 celebration at EPCOT. $4 will get you a $1 Disney Dollar. Only $100 for a $20 Disney Dollar with Goofy on it. People are already lining up for these, I hear the line is longer than the one for the Figment popcorn bucket. VQ not available.
Br0ckford
Well-Known Member
But you can get an ILL for $20 depending on day, so.....
Vegas Disney Fan
Well-Known Member
I still have a few of these as souvenirs, modern printers are probably too good for them to ever bring them back as a form of currency though.
Fido Chuckwagon
Well-Known Member
It wasn’t that people loved or even particularly liked Iger. It’s that people really really really hated Chapek.