Sir_Cliff
Well-Known Member
Ok, but there's a pandemic going on that has closed theatres in many places and made a lot of people reluctant to go them in places where they are open.
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Disney's FY20 Q3 Earnings (8/4/20)
- Thread starter brb1006
- Start date
SpaceMountain77
Well-Known Member
Can you imagine what he thinks of Disney Vacation Club Members that arrive at resorts with a Crock-Pot and several bags of groceries from Publix?
CaptainAmerica
Well-Known Member
Wut? The root cause is a global pandemic. Should Disney be doing vax research now?Drunken child at work again. Company shows huge losses in parks with no control over fixing the root cause. Stock goes up 5% after hours.
Beacon Joe
Well-Known Member
Drunken child at work again. Company shows huge losses in parks with no control over fixing the root cause. Stock goes up 5% after hours.
A random walk down Wall Street is sometimes very random.
VaderTron
Well-Known Member
Drunken child at work again. Company shows huge losses in parks with no control over fixing the root cause. Stock goes up 5% after hours.
Make that 6%...
Slpy3270
Well-Known Member
All in all, an interesting quarter. Lots of bad stuff but surprisingly far less apocalyptic than what was feared (the NBA and MLS deals definitely helped).
That being said, it'll likely take a few more quarters for Disney to get back to pre-Covid levels. And that assumes the Covid doesn't reach Black Death levels (it probably won't, hopefully).
That being said, it'll likely take a few more quarters for Disney to get back to pre-Covid levels. And that assumes the Covid doesn't reach Black Death levels (it probably won't, hopefully).
Beacon Joe
Well-Known Member
I bet you could culture some cool stuff off of Pooh's honey wall.
Sir_Cliff
Well-Known Member
Sure, but they didn't just find out the shocking news that there's a global pandemic from Bob Chapek.Drunken child at work again. Company shows huge losses in parks with no control over fixing the root cause. Stock goes up 5% after hours.
Creathir
Well-Known Member
Okay... and?
That doesn’t mean my living room TV suddenly became 40’ tall.
It doesn’t change the fact that’s it’s an inferior experience compared to the theater.
I have a nice TV and sound system, several thousand in gear. It still sucks compared to a movie theater.
Sir_Cliff
Well-Known Member
It means they have to find some way to make money off the film and selling people tickets to see it in theatres isn't particularly viable right now. I'm sure Disney would prefer to give in a normal release in theatres too, but we are where we are.
I expect a TikTok video of some lissome blonde licking it.
Chapek actually admitted that the problems for Disney are more than COVID in the conference call. That is more than Iger would have ever volunteered. It isn't Chapek's fault that investors didn't listen.
You can take a trip to New Zealand and see it in the theater!
Stevek
Well-Known Member
I mean, he's not wrong.
Remind me what he said was problematic for Disney that wasn't COVID related?
doctornick
Well-Known Member
I find this always to be an interesting topic - the value of watching a movie in a theater versus at home. Suffice to say, I think people are very varied on their opinions on this (not to say any one opinion is right or wrong).
For me, I get a lot of value out of a theater experience when it's a big event film and the crowd is really into it and hanging on every action (e.g. Marvel, Star Wars type stuff with fanatics). But a movie like Mulan wouldn't really have that kind of in theater experience because even if people enjoy it, I don't think there will be that kind of excitement "in the air".
I'm pretty indifferent in the big screen/sound versus watching on my flat screen at home. Sure, the theater is "better" but not enough for me to care; many people are strongly disagree with this I know.
So, my main reason to ever go and see a movie in the theater is: (1) to see it as soon as possible [especially in trying to avoid spoilers for popular films] and (2) to enjoy a big crowd experience. So, for Mulan, neither of this apply and I'd actually rather pay $30 for my family (I already have Disney+) than go to the theater and spend more. at least we can watch at our convenience and have food and bathroom breaks and rewind/pause/whatever to our liking. YMMV.
I think the most interesting thing is it being D+ exclusive apparently and not able to be rented through other services. the price is pretty much what I'd expect for it to stream at home.
Also, is Mulan going to get a theatrical release in other countries where the theaters are open?
Mac Tonight
Well-Known Member
Iger's leadership?
Yeah, if you APers want Daddy to value you more, drop $600 for a night's stay every time you go to the parks!
Chapek was more honest than 99% of CEO's in this call. It was actually refreshing.
Sir_Cliff
Well-Known Member
I don't think they can even do that!