That's true, and soon to be in the BBB ( Billionaire Boys Club ).
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News Chapek FIRED, Iger New CEO
- Thread starter Chef Mickey
- Start date
FTFY.
Vegas Disney Fan
Well-Known Member
Who lead during those acquisitions?FTFY.
Buying up other companies <> leadership. IMHO. He was smart enough to let Feige run the MCU. The rest… Not nearly as successful so far.
ImperfectPixie
Well-Known Member
The stock price is based on Wall Street confidence...nothing more.
Cesar R M
Well-Known Member
And the fixation in doing stock buybacks to inflate stock prices.
Brer Oswald
Well-Known Member
I was moreso referring to park spending than studio acquisitions. It's much harder to measure how much money and even attendence they get off of additions to the park. However, you can look at things like capacity. Is the ride an addition to the park (adding capacity) and does it move more or less people through the lines in an hour than other popular rides. Stuff like Pixar Pier, Toy Story Land, and even Rise of the Resistance fail in this category. Even stuff like Mickey, which has a notably high capacity for a new attraction, still kinda flops because it replaced an already popular high capacity attraction.
The net gain in attraction capacity is low for the amount they spend. This translates to higher prices and lower guest satisfaction during the Iger era.
CastAStone
5th gate? Just build a new resort Bob.
Where do I find that in high res?
Schmozzing the right people makes them feel good . It works with some bosses I knew.
John park hopper
Well-Known Member
I'm no economist by any means but it seems to me at on time companies had pensions and many people didn't get involved with the stock market. With the demise of pensions people are now forced to invest in the stock market for their retirement driving up the prices of stocks. Are these companies really worth their high prices or have they been artificially driven up because people have no other place to invest--banks surely are not paying any interest these days
I pointed this out in another thread but Chapek is not doing a good job from a stock standpoint either here is Disney stock vs S&P 500 YTD:
This is what’s going to make his seat hot, he is going to need to turn things around soon. The parks are getting squeezed to make up for other failing divisions. A company cannot continue to lose stock owners money for long.
This is what’s going to make his seat hot, he is going to need to turn things around soon. The parks are getting squeezed to make up for other failing divisions. A company cannot continue to lose stock owners money for long.
Stripes
Premium Member
How does Disney’s performance compare to their competitors in the entertainment industry? Comcast, Discovery, ViacomCBS, Netflix, etc.
I’m not asking this to defend Chapek. Trust me. I want him gone. And I honestly don’t know how Comcast and Discovery are doing. But I think Chapek’s performance will be put in the context of competitors in the same industry as opposed to the entire S&P 500.
If you took parks out of the Disney portfolio I bet it would be similar or worse.
Chip Chipperson
Well-Known Member
Pensions tend to be invested in the stock market anyway because it historically offers the best bang for your buck - it's just a matter of who is putting the money in and how much they're willing to invest.
Companies needed to reduce costs and transfer risk to staff instead of risking company money.
the.dreamfinder
Well-Known Member
They’re about to take over Warner Bros.
Jrb1979
Well-Known Member
Compare it to FUN and it doesn't look good.