GoofGoof
Premium Member
Streaming subscribers down, plus $1.8B impairment charge. Parks segment looked solid. No reason to think this dispute has anything to do with stock being down.
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News Reedy Creek Improvement District and the Central Florida Tourism Oversight District
- Thread starter castlecake2.0
- Start date
GimpYancIent
Well-Known Member
Words can have negative impact and cause collateral damage. Tomorrow will be interesting.
Disone
Well-Known Member
Thanks goof goof. I do think it's generally understood that Bob Iger is reporting out on a report that a team of people build on his behalf for the earnings call. That's not what What we are speaking to. The context is Bob iger's ability to respond to a question. I don't think it was a case of a PR team working Bob over and coaching him on how to respond to that. I believe this is something that he naturally knows how to do after his years of experience as both a broadcaster and a CEO. And let's face it to some people this just comes naturally Even without the experience that Bob has and quite honestly he is likely one of these people.
Virtual Toad
Well-Known Member
Apologies if already posted but including here for context:
www.cnbc.com
And from the article, a quote from the Governor apparently from Friday:
“You can’t have a situation where the legislature has spoken and one company just decides to contract out against the will of the people,” the governor said during an interview with Newsmax on Friday. “At the end of the day, they just have to understand the party is over for them.”
Iger hammers Florida 'retaliation' on Disney's earnings call
Disney isn't the only business in Florida that operates within a special district, CEO Bob Iger said.
www.cnbc.com
And from the article, a quote from the Governor apparently from Friday:
“You can’t have a situation where the legislature has spoken and one company just decides to contract out against the will of the people,” the governor said during an interview with Newsmax on Friday. “At the end of the day, they just have to understand the party is over for them.”
peter11435
Well-Known Member
He really needs to learn when to shut his mouthApologies if already posted but including here for context:
Iger hammers Florida 'retaliation' on Disney's earnings call
Disney isn't the only business in Florida that operates within a special district, CEO Bob Iger said.
And from the article, a quote from the Governor apparently from Friday:
“You can’t have a situation where the legislature has spoken and one company just decides to contract out against the will of the people,” the governor said during an interview with Newsmax on Friday. “At the end of the day, they just have to understand the party is over for them.”
Gary7777777
Member
Investor comment boards are very negative regarding this issue.
GoofGoof
Premium Member
I think the response was his sincere opinion but I’m sure the PR and legal teams vetted what should and shouldn’t be said as a general set of guidelines. I’m sure he didn’t need to be coached on what to say, maybe just reminded what not to say.
GoofGoof
Premium Member
Yeah, that would be the biggest driver. They did narrow the loss on the streaming segment and are taking a large impairment on some cancelled stuff. Revenue went up since they raised the prices but that cost them subscribers. Still no clue what they do with Hulu either. There’s a lot of stuff that Disney needs to be concerned with. Parks isn’t one right now.
Florida Man
Active Member
Does anyone know the status of Disney’s lawsuit?
And how does it work?
Does a court or judge have a certain amount of time that they have to respond to the case?
And how does it work?
Does a court or judge have a certain amount of time that they have to respond to the case?
Elizabeth Swann
Premium Member
- In the Parks
- No
Splitsville is still there https://www.disneysprings.com/entertainment/splitsville-luxury-lanes/
Convert one of the DS hotels to affordable housing apartments
Also de-annexed Golden Oaks.
peter11435
Well-Known Member
The district doesn’t own the DS hotels or the property they sit on.
UNCgolf
Well-Known Member
And if they did, that would involve starting a fight with a completely different corporation (or multiple fights with multiple corporations).
MrPromey
Well-Known Member
Also, I think the residents of Golden Oaks might want a say in that second part he mentioned.
Suits are filed, defendants have been summoned, they have a certain amount of time to respond.
In Disney vs DeSantis in federal court, the defendants have 21 days from receipt of service to respond.
In CFTOD v Disney in state court, Disney has 20 days from receipt of service to respond.
SamusAranX
Well-Known Member
What I wanna know if the original RCID agreement allowed airport development, will Disney ever do it? Maybe a pipe dream but you could imagine an on-site airport with busses, skyliner, etc access right in WDW? A guy can dream right?
Those 4M subs lost are from Hotstar in India in which the average sub cost per person is 50 cents.
The "core" subs (outside of India) when *up*. They're the ones paying $5-$8 per sub.
That's why the deficit of D+ when *down* even though losing those 4M subs in India.
For more on this:
Disney’s Q2 FY23 Earnings Results Webcast
Whether it is tomorrow or 18 months from now they definitely need to figure out who is going to replace him and that person needs to have a vision and move the company forward/past the current regime - can't have another Chapek situation Well, Max…we go back along way (whether you realize it or...
mightynine
Well-Known Member
They wouldn’t do it now, as MCO has greatly expanded since ‘71.
yensidtlaw1969
Well-Known Member
On the other hand, I almost respect the amount of rope he's willing to give his opponent.
Almost.
Disney did for a brief while very early. The airport code was WDS, and it was STOLPort, next to the Magic Parking Lot. Here's a sample brochure of some flights that were previously offered there:
(McCoy Jetport is what's now Orlando International Airport or MCO, and Orlando-Herndon is what's now Orlando Executive Airport or ORL)