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

JIMINYCR

JIMINYCR

Well-Known Member
Fido Chuckwagon said:
It wasn’t that people loved or even particularly liked Iger. It’s that people really really really hated Chapek.
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And Iger had the better backing, the looks, the PR, and timing. Chapek was a bullseye for slinging hatred and negativity from the moment he stepped into Igers shoes and started making changes. No matter how or what he was going to do, unless it was a major cost adjustment downward, it was going to be a disaster. It was a nice set up move on Igers part.
 
T

tallica

Well-Known Member
Lilofan said:
Wrong, fyi - the parks are packed with guests.
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Actually the parks are slower than expected for spring break. Park reservations are extremally available. Almost all table service restaurants are the slowest they have been in over a year. Restaurants were busier in January than they are now. I don't know if this due to lower guest numbers resort wide or if it is because many more restaurants are now open. Also it could be due to a shift in spending habits. Maybe less guests are eating at table service restaurants so they pay for increased prices, Genie Plus, etc.
 
wdisney9000

wdisney9000

Truindenashendubapreser
Premium Member
Magenta Panther said:
Let's hope some truly significant firings are yet to come. Otherwise, things won't really change. At the very least, the dum-dums who can't seem to find common cause to fix the Yeti ought to go. That it's still broken after all these years is, well, abominable.
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Who's the yahoo that came up with the idea that food and snacks should be more "instagrammable" rather than higher quality and better tasting. I'm sure they were getting paid a ridiculous amount.

Is he/she gone yet?
 
MagicHappens1971

MagicHappens1971

Well-Known Member
Lilofan said:
Lion King earned $1.65B, Endgame earned $890M.
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Endgame is the second highest grossing film ever. If it were not for the million different Avatar re-releases, it would still be number 1. I don't think comparing the budgets of those two films fair. Also on the numbers I found, Endgame's budget was between 350-400 million, and made nearly 2.8 billion at the box office. On those numbers, Endgame "earned" about 2.4 billion.
 
MagicHappens1971

MagicHappens1971

Well-Known Member
On the subject of "highest grossing" these are the 10 highest grossing films ever.
9 of the 10 are owned/made by Disney. 15 of the top 20, are also owned by Disney. 20 of the top 30 are owned by Disney. 31 of the top 50 are owned by Disney.

My point is, we can't argue that Disney's movies don't make money. While there have been some "flops" in recent years, and declining box office numbers in relation to Covid and the onset of streaming, it doesn't mean their movies aren't and haven't historically been very successful.
 

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No Name

No Name

Well-Known Member
MagicHappens1971 said:
Endgame is the second highest grossing film ever. If it were not for the million different Avatar re-releases, it would still be number 1. I don't think comparing the budgets of those two films fair. Also on the numbers I found, Endgame's budget was between 350-400 million, and made nearly 2.8 billion at the box office. On those numbers, Endgame "earned" about 2.4 billion.
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That last part’s not true because they only get around half of the box office revenue, and the stated budget doesn’t factor in marketing. They probably only made around a billion or so in profit. But of course that’s beside the point.


Edit: actually I think I found the article @Lilofan got confused by. It estimates $890 million in profit from Endgame, and literally in the same sentence, estimates only $580 million from 2019’s Lion King.

https://observer.com/2020/04/avengers-endgame-box-office-profits-disney-marvel/amp/
 
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Elijah Abrams

Well-Known Member
In the Parks
Yes
tallica said:
Actually the parks are slower than expected for spring break. Park reservations are extremally available. Almost all table service restaurants are the slowest they have been in over a year. Restaurants were busier in January than they are now. I don't know if this due to lower guest numbers resort wide or if it is because many more restaurants are now open. Also it could be due to a shift in spending habits. Maybe less guests are eating at table service restaurants so they pay for increased prices, Genie Plus, etc.
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Are you referring to just Walt Disney World?
 

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