Oh I agree...they could find strength where it hasn’t really been before. But the revenues of movies is usually in the 10-15% range. People fail to realize that there is very little money from Disney in releasing movies into the box office...mostly gobbled up in production and distribution.
That is where a VOD solution might be beneficial, setting up a different revenue breakdown. So say out of a $15-20 ticket normally Disney would get 50-60% (on average) of a ticket sale. They could end up making more for a VOD rental say 75-80% and the VOD service (if not done through Disney+) would make the rest. I would think that the major theaters like Cinemark, AMC, and Regal would eat that up since it would be pure profit. Compare that to a normal movie release where they end up paying out all the theater employees and other costs before profit.
I worked in an emergency ops/command capacity during September 2001 and the months after...and moved over to TDO for a stint afterwards...
You provably don’t want my opinion on this
But an educated guess is that it depends on the endpoint. As in can they figure out quickly if there is a second wave/spike?
People would flood Disney as a form of mental relief...but only AFTER the all clear and that is far from known.
Disneyland? Oh yeah...that’s a built in “community”...
Interesting, the Fitch rating doesn't appear to be announced yet, have a source? Also Moody's has DIS still at its A2 rating saying they have enough cash on-hand to deal with their long term debt for their entire FY2020. That was as of yesterday, tomorrow maybe different.
www.google.com
Restructuring is not off the table including future employment of cast.
The risk of any stockholder agreeing to a takeover for anything near the current price is crazy. I would vote forca $200.00 a share price but purchased more with my quarterly dividends from all my investments. I am extremely bullish on the stock in the long run and look forward to finding out how many Europeans and Indians sign up for Disney Plus in the first days and week.
...haven’t been watching the news lately, eh?
Unfortunately, entertainment will probably have to be dramatically reduce and that is what A LOT of APs go for, Disneyland has already been loosing passholders with the recent entertainment cuts, this will make it worse. You will see some going for whatever final days they have on their passes, but far fewer renewals without dramatic decreases in price and I mean making highest end APs be in the $300 range or less.
And we're assuming these APs still are not part of the millions of people laid off and furloughed and still want to spend their days in the parks?
Well, that is a valid point too, but I know this hold true for me personally. I luckily am in a profession that is considered an essential service and we have plenty of work and probably going to be even more since we are involved in the design of housing hospitals, schools, etc. And if the entertainment isn't improved, I am unlikely to renew unless there are dramatic price reductions, especially if competitors like Knott's keep finding ways to improve their Entertainment offerings and offer reasonable prices.
