News Dismal Q3 Earnings

[MisterPenguin]

Ok, but can we focus on the real critical issue for a minute? Who thought this shirt was a good idea?

Checkered dress shirts with suits are now en vogue. And sometimes you find the right checkered shirt, and sometimes, like here, it's the wrong checkered shirt.

Going back to what the billionaires were wearing when they visited SWL, let me just throw this out there: Hey point one percenters, hire me. I'll make sure you have a nice wardrobe. And without buying thousand dollar outfits. It's just about the right fit and the right colors. We... I mean you, can afford a tailor.

 

[Mouse Trap]

Does that seem unreasonable?

It was a RUMOR that Iger wanted abrams to take over...he declined...and then she got a very “soft” extension by Hollywood terms.

I don’t see any reason to at least not consider that?

Abrams has his own decently large production company and has deals in place with loads of studios, tech companies, etc. Bad Robot is not a tiny operation. He'd be leaving a ton of money and creative control behind if he hypothetically took a gig leading LF. Iger would know better than to approach him. So clearly that rumor was started by someone with no experience in the industry.

Kathy was never in the hot seat: Iger read the script for TLJ and green lit it with Horn by his side. Solo wasn't introduced by KK and was a well received film, but marketing and interest was terribly miscalculated. If TROS does happen to bomb then I do believe KK will be on the chopping block because SOMEONE has to go and it certainly won't be Alan Horn.

 

[monothingie]

Ok, but can we focus on the real critical issue for a minute? Who thought this shirt was a good idea?

Checkered dress shirts with suits are now en vogue. And sometimes you find the right checkered shirt, and sometimes, like here, it's the wrong checkered shirt.

Going back to what the billionaires were wearing when they visited SWL, let me just throw this out there: Hey point one percenters, hire me. I'll make sure you have a nice wardrobe. And without buying thousand dollar outfits. It's just about the right fit and the right colors. We... I mean you, can afford a tailor.

All billionaires need an ascot.

 

[MrPromey]

Attendance being down domestically should not be a surprise.

It's what they've wanted all along, right?

 

[Mouse Trap]

I don't think it's that simple. Marvel has been cranking out two movies a year and it doesn't seem to be suffering from over saturation.

Star Wars doesn't have the benefit of dozens of unique (but still recognizable) characters with pre-installed backstories and legends which can be packaged in so many different ways to compliment so many story arches. Star Wars is still relying on one main arch and set of characters for success.

Just because it works for the MCU certainly doesn't mean it'll work for Star Wars. Even the Harry Potter Universe has taken a slow beating with each Fantastic Beasts film. If they were pumping out two of those every year the franchise would be dead.

MCU has a luxury no other franchise really has and can't be used as a comparison to anything else.

 

[LAKid53]

We've been through this before with Wall Street and their concern for ESPN's loss of subs... which turned out to be such a no big deal that when D+ was announced, Wall Street was all very happy for Disney forgetting all about ESPN and bumping up their stock.

Then a quarter... just one quarter, that things didn't grow as fast (there was no backsliding) as was "predicted," then Wall Street is dumping on Disney.

Mind you, these investors who just boosted Disney this Spring and are now dumping Disney this Fall are speculators trying to "beat the market" with crazy amounts of buying and selling in ever shorter intervals of microseconds. If all investors agreed with them, Disney's stock would drop to nothing.

In that same article bemoaning Disney's shortfalls, it says....

• The company's Studio Entertainment segment reported revenues of $3.8 billion during the quarter, representing a 33% increase from the same period one year ago.
• Disney's Media Networks unit reported revenue of $6.7 billion, which is a 21% rise from the same quarter one year earlier.
• The company's Parks unit posted revenue of $6.6 billion during the quarter, marking a 7% rise from the third quarter of 2018.

It then goes on to mention the greater expenses and drag that streaming has had, which was as expected. Iger's been saying as much in the quarterly calls for a year. How this was unexpected by Wall Street is the great mystery here.

Hey, Wall Street speculators: Disney will have losses in streaming for year and be sinking the equivalent of some nations' GDP in capital improvement rather than buying back stock. So, sell off your Disney stock now and stop whining. In 2022 when there are record profits, you can come back and create a speculative bubble.

 

[ImperfectPixie]

I don't think it's that simple. Marvel has been cranking out two movies a year and it doesn't seem to be suffering from over saturation.

My husband feels like the sequel trilogy is just a re-telling of the original trilogy. I agree to some extent, but it didn't lessen my enjoyment of them. Bearing in mind that I'm strictly a fan of the movies (haven't watch any of the animated series or read any of the books, etc.), I sort of feel like the "re-telling" was necessary to establish the new characters...where they go in the future is a big question. I also wouldn't mind more origin/side stories.

As someone else already said, Marvel is a very unique animal with a massive amount of characters/stories to draw from.

 

[hokielutz]

So what happens to the Q2 and Q3 earnings reports for next year when Disney's films segment won't have their billion dollar Endgame/Captain Marvel/Aladdin films to boost revenue?? YoY might be down significantly.

 

[Sirwalterraleigh]

Abrams has his own decently large production company and has deals in place with loads of studios, tech companies, etc. Bad Robot is not a tiny operation. He'd be leaving a ton of money and creative control behind if he hypothetically took a gig leading LF. Iger would know better than to approach him. So clearly that rumor was started by someone with no experience in the industry.

...I get why he would have said “no”

Kathy was never in the hot seat: Iger read the script for TLJ and green lit it with Horn by his side. Solo wasn't introduced by KK and was a well received film, but marketing and interest was terribly miscalculated. If TROS does happen to bomb then I do believe KK will be on the chopping block because SOMEONE has to go and it certainly won't be Alan Horn.

That is full of assumption there.

She will be gone immediately after iger...at a minimum.

 

[MisterPenguin]

So what happens to the Q2 and Q3 earnings reports for next year when Disney's films segment won't have their billion dollar Endgame/Captain Marvel/Aladdin films to boost revenue?? YoY might be down significantly.

By that time, Live Action Remaking will be in full gear.

 

[Sirwalterraleigh]

By that time, Live Action Remaking will be in full gear.

As opposed to the 6 this year??

But it doesn’t matter. Movies are 10-15% of the number at most

Its still tv and parks

Buy the way: home alone reboot announced on GMA this morning.

That’s worth $73,000,000,000

 

[Villains0501]

Star Wars doesn't have the benefit of dozens of unique (but still recognizable) characters with pre-installed backstories and legends which can be packaged in so many different ways to compliment so many story arches. Star Wars is still relying on one main arch and set of characters for success.

Just because it works for the MCU certainly doesn't mean it'll work for Star Wars. Even the Harry Potter Universe has taken a slow beating with each Fantastic Beasts film. If they were pumping out two of those every year the franchise would be dead.

MCU has a luxury no other franchise really has and can't be used as a comparison to anything else.

Not sure this is totally apt. Star Wars had a wealth of ancillary EU material that could have been cleaned up and implemented in some fashion in the films. Not too far off from how the Marvel comics have naturally inspired and informed the MCU films. The original Star Wars EU wasn't always pretty, but there were some strong story lines that could have worked well on screen. Just my opinion, but I feel Disney's mandate for canon purity has hamstrung some of the creativity of the New EU. Authors can't really go beyond the timeline of the films because of potential future film trilogies and the canon material that does exist hasn't yet filled in a lot of the gaps between the trilogies for fear of spoiling the ST (aside from the era between Episodes III and IV, which has been beaten to death). Maybe that will change with the release of IX?

I do agree about HP, though. Even with the spacing between the FB films that franchise is dying a slow death. Very sad. Let's hope J.K. has some spare Horcruxes lying around.

 

[seascape]

So what happens to the Q2 and Q3 earnings reports for next year when Disney's films segment won't have their billion dollar Endgame/Captain Marvel/Aladdin films to boost revenue?? YoY might be down significantly.

The studio has been something I have been worried about. You can only stay number 1 for so long. Eventually you cant keep increasing market share forever. Universal must be thinking that today because Hobs and Shaw barely beat Lion King on Monday. Bad sign for them. The entire movie industry has had a very bad year with the exception of Marvel, which also gives Disney an incorrect view. they should look at Fox and see the future. If Disney plus doesn't hit a homerun the company is in trouble. So is Comcast because the cable TV market is failing and the internet is about to fave major competition with 5G.

 

[jt04]

The studio has been something I have been worried about. You can only stay number 1 for so long. Eventually you cant keep increasing market share forever. Universal must be thinking that today because Hobs and Shaw barely beat Lion King on Monday. Bad sign for them. The entire movie industry has had a very bad year with the exception of Marvel, which also gives Disney an incorrect view. they should look at Fox and see the future. If Disney plus doesn't hit a homerun the company is in trouble. So is Comcast because the cable TV market is failing and the internet is about to fave major competition with 5G.

5g is fine but content is king.

 

[seascape]

5g is fine but content is king.

That is why I am keeping my Disney stock. I will actually buy more.

 

[Sirwalterraleigh]

Not sure this is totally apt. Star Wars had a wealth of ancillary EU material that could have been cleaned up and implemented in some fashion in the films. Not too far off from how the Marvel comics have naturally inspired and informed the MCU films. The original Star Wars EU wasn't always pretty, but there were some strong story lines that could have worked well on screen. Just my opinion, but I feel Disney's mandate for canon purity has hamstrung some of the creativity of the New EU. Authors can't really go beyond the timeline of the films because of potential future film trilogies and the canon material that does exist hasn't yet filled in a lot of the gaps between the trilogies for fear of spoiling the ST (aside from the era between Episodes III and IV, which has been beaten to death). Maybe that will change with the release of IX?

I do agree about HP, though. Even with the spacing between the FB films that franchise is dying a slow death. Very sad. Let's hope J.K. has some spare Horcruxes lying around.

I think Disney’s rationing was sound.
But you “best not miss” and lucasfilm has done a horrible job.

The EU was a mess...George had pimped it to anyone for 25 years...so that had to be tied off.

BUT...don’t do a reboot with boring characters and then crap that angers a portion of the fanbase.

This is NOT THAT HARD

 

[Sirwalterraleigh]

That is why I am keeping my Disney stock. I will actually buy more.

Wait till the price drops first

 

[WDW Pro]

The number of people giving authoritative accounts of what has been going on with Kathleen Kennedy, Alan Horn, JJ Abrams, etc, and how the sequel trilogy strategy developed, all while not having a clue... well, it's impressive.

 

[HauntedPirate]

As opposed to the 6 this year??

But it doesn’t matter. Movies are 10-15% of the number at most

Its still tv and parks

Buy the way: home alone reboot announced on GMA this morning.

That’s worth $73,000,000,000

New from Disney: Home Alone! Night at the Museum! Diary of a Wimpy Kid! Cheaper by the Dozen!

Oh wait...

 

[Sirwalterraleigh]

New from Disney: Home Alone! Night at the Museum! Diary of a Wimpy Kid! Cheaper by the Dozen!

Oh wait...

I forgot...

They announced wimpy kid for stream too