Coronavirus and Walt Disney World general discussion

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thomas998

Well-Known Member
Since you are a shareholder, suggest your attend a company shareholder meeting and partake in Q&A to voice your concerns directly to Iger/Chapek. Executive compensation while generous is like you said, always approved by a company board of directors. That's nothing new.
I've generally gone to every shareholder meeting of the companies I've worked for since they are normally held in the same city that I worked in and everyone of them had the Q&A which was often stacked with enough friendly voices that you rarely got down to the regular shareholders asking question because they always had a time limit... In the few instances where some real question would come up about the company it was always met with a "I'll look into that" type response.

So there is no way I would waste my time and money to fly to Anaheim for a shareholders meeting when it really won't matter. As soon as they knew I wasn't a shareholder with million shares my question would have all the weight of a gnat landing on their ear.
 

Lilofan

Well-Known Member
I've generally gone to every shareholder meeting of the companies I've worked for since they are normally held in the same city that I worked in and everyone of them had the Q&A which was often stacked with enough friendly voices that you rarely got down to the regular shareholders asking question because they always had a time limit... In the few instances where some real question would come up about the company it was always met with a "I'll look into that" type response.

So there is no way I would waste my time and money to fly to Anaheim for a shareholders meeting when it really won't matter. As soon as they knew I wasn't a shareholder with million shares my question would have all the weight of a gnat landing on their ear.
Exactly right. It does not matter what you or I think. But any shareholder whether it's Buffet or the everyday Joe, we all want to share in the success of the company by entrusting our monies with them.
 

Slpy3270

Well-Known Member
I get that some people may want Disney to just get rid of Media Networks and focus entirely on movies, streaming, theme parks and the like after the pandemic but what people don't seem to get is that even if DTCI finally turned a profit in the future Media Networks will likely still be posting far bigger profits than both that and the film studio by then, so Disney will see no reason to get rid of them then.

Plus, buying ABC/ESPN was one of Eisner's signature achievements in building up Disney; they would not be where they are now were it not for those two networks.
 

_caleb

Well-Known Member
You're still missing the political and cultural differences between the two countries and citizen action as a result.

Cultures do change, though. And major global events often play a large part in accelerating the changes. For example:

IF mask wearing becomes the norm and the law, people who don't want to wear masks will have to learn to get used to not being able to go places they would like to go to. Rather like smoking. It was a huge deal when it was banned in restaurants and other public places, but most people support these rules now and look down on people who don't follow them.

Disney guest "culture" changes, too. Consider how differently people "do" Disney parks these days vs. 1955!
 

DCBaker

Premium Member
"Disney is pushing their Pixar feature Soul from June 19 to Nov. 20, the Thanksgiving holiday period where their animated feature Raya and the Last Dragon was originally scheduled to open. Technically that pic was to go on Nov. 25, Raya and the Last Dragon now moves to March 12, 2021."

 

_caleb

Well-Known Member
I know we're a long way from @ParkerLoLs original question, but I've been following the conversation and I'm interested in what mid-to-long-term infrastructure changes we might see to Disney implement in order to open the parks and stay open if at all possible. @MisterPenguin's thread about the challenges of social distancing in the parks is helpful, and the mask discussion has been interesting, but I'm wondering about actual changes to the park systems, facilities, and built environment we might see. Any more thoughts on these?
 

GoofGoof

Premium Member
Why doesn't Disney just flat out come and say they'll lose $30-50 billion this year and write off the year as a loss if they want to justify the pay cuts?
Disney has a 9/30 fiscal year so this year’s results include 5.5 months of business as usual. Q1 alone they had $4B of operating income. Even if Q2 is down some year over year because of park closures and other negative impacts from the last 2 weeks of March they would still have made billions in the first 6 months. Their typical run rate for all expenses for a year is roughly $40B so even if TWDC had zero revenue for the next 6 months (which it obviously won’t) and didn’t cut any expenses (which it obviously will) that would still only be a roughly $20B loss so combined with the operating income from the first 2 quarters their losses would be well below $30-50 billion. Depending on how fast we come out of this it’s still possible they will come close to break even on the year. Obviously way down year over year, but not the grim picture you paint.
 

GoofGoof

Premium Member
I know we're a long way from @ParkerLoLs original question, but I've been following the conversation and I'm interested in what mid-to-long-term infrastructure changes we might see to Disney implement in order to open the parks and stay open if at all possible. @MisterPenguin's thread about the challenges of social distancing in the parks is helpful, and the mask discussion has been interesting, but I'm wondering about actual changes to the park systems, facilities, and built environment we might see. Any more thoughts on these?
A few pages back one of the insiders here said they heard the tier 1 fast pass rides as well as all headliners in MK were going to a boarding group system so no standby lines. I don’t think it’s a permanent change but if it works well maybe it will be. The only other physical changes seem to be likely delays in construction projects.
 

Lora Baines Bradley

Well-Known Member
Honestly having Onward and Soul come out close together seemed odd to me. I don’t know why but seeing Pixar movies in the winter just feels more like an event.

Also lost power early this morning. Have no clue when it’ll be back on. I know there are bigger problems, but damn I want it back on so i can work on my essay...
 

MisterPenguin

President of Animal Kingdom
Premium Member
There have been different coronavirii for thousands if not millions of years.

To be pedantic:

While people have indeed made the plural of virus into virii in the past, it isn't that common and done by mistakenly thinking that 'double i' is plural for all Latinate nouns ending in -us. However, that is true only if the noun ends in -ius, like radius becomes radii.

Using the example of Latin words that end in -us and pluralized as -i (e.g., alumnus becomes alumni), it is more common to pluralize virus as viri. However, that would probably be wrong, too. While a second declension noun, virus is neuter and not masculine like just about every other second declension noun.

So, how did the ancient Latin language pluralize virus? They never did. Virus meant a mold or slime and so it was a 'mass noun.' We do the same thing with 'mold' and 'slime.' We would say, "There's mold growing in this food container." We wouldn't say 'molds'... unless, perhaps, we wanted to distinguish between different types of molds, and then we say 'molds.'

When a person has contracted a virus, we know it's actually millions of those tiny things, and yet, we use the singular, 'virus.' When we talk about different strains, then it becomes useful to pluralize it. In English, the overwhelming uses is 'viruses.'

Google fight:
  • virii - 237 thousand
  • viri - 26.4 million (mostly because the plural of vir [man] is viri [men])
  • viruses - 1.3 billion

 

ImperfectPixie

Well-Known Member
Another person close to us has has tested positive - my husband's brother. His wife tested negative, but I suspect it's a case of false-negative because she was sick almost 2 weeks ago. My BIL has had heart surgery, and quit smoking 6 years ago, so he is high risk. So far, no respiratory issues, but he's in A LOT of pain with all-over body aches, and has a fever. The scary part of this is that they both visited my MIL around the 28th-ish of March, and she and her boyfriend are VERY high risk, and my MIL is dropping stuff of and coming into contact with them even though we keep telling her not to. :(
 
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DCBaker

Premium Member
"France's President Emmanuel Macron has just delivered his third TV address on the coronavirus, announcing the extension of a nationwide lockdown to stem the spread of coronavirus.

The lockdown, Macron said, would be extended until 11 May.

Under the rules, which are enforced by police, anyone who goes outside is required to carry a document stating their reason for leaving home."

"Here’s what else he said:

  • He thanked essential workers in all sectors for “allowing our nation to continue to operate” during the pandemic
  • He admitted the French government was not prepared for the crisis, acknowledging shortcomings in delivering medical supplies to hospitals
  • France’s borders will remain closed to non-EU countries until further notice
  • Restaurants, bars, cinemas and other public venues will remain closed, and festivals cannot be held until mid-July
  • The elderly, and those with severe disabilities or suffering from chronic illnesses, must remain confined even after restrictions begin being eased
  • Schools, colleges and high schools will gradually reopen from 11 May
  • All people with symptoms of coronavirus will be tested from 11 May
  • In co-operation with its EU partners, France will ramp up research into developing a vaccine against coronavirus"

 

thomas998

Well-Known Member
Why doesn't Disney just flat out come and say they'll lose $30-50 billion this year and write off the year as a loss if they want to justify the pay cuts?
I doubt they will end the year with a loss at all. Remember the parks are only a part of their business. Their networks are still making ad revenue their streaming service continues to do well and is probably getting even more customers now because of the lockdown. Maybe going into next year when lots of people start tightening their budgets they will see some drop in streaming subscriptions but I doubt they will end the year in the red.
 

thomas998

Well-Known Member
Another person close to has has tested positive - my husband's brother. His wife tested negative, but I suspect it's a case of false-negative because she was sick almost 2 weeks ago. My BIL has had heart surgery, and quit smoking 6 years ago, so he is high risk. So far, no respiratory issues, but he's in A LOT of pain with all-over body aches, and has a fever. The scary part of this is that they both visited my MIL around the 28th-ish of March, and she and her boyfriend are VERY high risk, and my MIL is dropping stuff of and coming into contact with them even though we keep telling her not to. :(
Well remember smoking is a risk but if he quit 6 years ago it isn't as bad as it could be. Most reports now are putting obesity as the highest risk factor so hopefully he isn't overweight, and hopefully the heart surgery fixed whatever was wrong in which case he probably isn't in the worst case group just yet.

You might ask the wife is it hurt like H--- when they gave her the test, most of the false negatives are being attributed to the tester not getting the swab deep inside the nasal cavity, and if it goes deep you feel it big time.
 
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