Sirwalterraleigh
Premium Member
That is useless
That is useless
Bottom line is it's not a failure until Disney says it is.
If/when they think is not profitable enough for them, they will close it so quick it will make your head spin.
Stock price would take a hit if they acknowledged something wasn’t going well.
Edit: although they did ride that wave with Disney + when explaining chapek’s departure.
I thought they acknowledged that he made the board uncomfortable with his positivity about Disney +. Not trying to promote a conspiracy theory if untrue. You seem to know a lot about this kind of stuff, so I’m happy to defer to youPeople must be crazy to think that Disney would keep something losing money -- and which has no hope of ever becoming profitable (again) -- running.
Nevermind.
Conspiracy theory powers activated!!
Yes, he was too cheery with regard to D+ having a bigger loss than expected for the quarter.I thought they acknowledged that he made the board uncomfortable with his positivity about Disney +. Not trying to promote a conspiracy theory if untrue. You seem to know a lot about this kind of stuff, so I’m happy to defer to you
People must be crazy to think that Disney would keep something losing money
Disney spokesperson: "In response to guest demand we are closing the highly successful Galactic Star cruiser."Yeah…that’s back to that whole “Disney will never lie” thing…which is not true cause they’d never admit a failure
I’d take bets on who’d buy that…Disney spokesperson: "In response to guest demand we are closing the highly successful Galactic Star cruiser."
I absolutely don’t think they’d tolerate a loss…People must be crazy to think that Disney would keep something losing money -- and which has no hope of ever becoming profitable (again) -- running.
Nevermind.
Conspiracy theory powers activated!!
I really don’t see how my statement warrants a conspiracy theory label then.Yes, he was too cheery with regard to D+ having a bigger loss than expected for the quarter.
But other divisions (barring closed Asian parks) weren't throwing any such losses.
And the company as a whole profited billions.
It was the part about keeping it a secret if it was unprofitable to soothe investors and the stock market.I really don’t see how my statement warrants a conspiracy theory label then.
Either way, thank you for clarifying. I’m in agreement with your statement that they continue to be profitable.
Gotcha. Fair enough critique. I was overgeneralizingIt was the part about keeping it a secret if it was unprofitable to soothe investors and the stock market.
Secrets like that can really bite them on the butt if a disaffected employee lets the secret out. Not worth the risk.
Sorry, really don’t want to extend this further, so I promise this is my last post about this. I take labels and accusations seriously and try to be careful when saying things because I also hate conspiracy theories.It was the part about keeping it a secret if it was unprofitable to soothe investors and the stock market.
Secrets like that can really bite them on the butt if a disaffected employee lets the secret out. Not worth the risk.
They can realistically keep anything under wraps they want…Gotcha. Fair enough critique. I was overgeneralizing
I believe you’ve seen my comment on the likelihood of sociopathy in Iger, but I’ll let that rest. Again, I have not sat down to diagnose him, so cannot say with certainty.Anyone want to hear my Iger/chapek tinfoil hat theory?
I promise I put no thought into it…
…probably not, huh?
Remember the Disney Institute? I think it was where Saratoga Springs Resort is now.
It was probably very good, it just was not a money maker, so they shut it down.
Was Disney Quest a money loser OR did it simply not make the margins they wanted?
I do miss Disney Quest.
I tried to make small talk with him once for 10 seconds at a mixer at boardwalk once…I believe you’ve seen my comment on the likelihood of sociopathy in Iger, but I’ll let that rest. Again, I have not sat down to diagnose him, so cannot say with certainty.
You think that was because it wasn’t profitable? Or because they knew that in the first place after they vastly overpaid ($3,000,000,000) for the last contract and needed to make a show of it?Or the NBA experience, they sunk a small fortune into that place, closed it shortly thereafter due to Covid, and chose to let it sit empty for the last couple years rather than reopen it.
If something isn’t profitable Disney has no problem closing it and writing it off as a loss.
The NBA Experience was not a Disney driven project. The NBA paid Disney to operate it.Or the NBA experience, they sunk a small fortune into that place, closed it shortly thereafter due to Covid, and chose to let it sit empty for the last couple years rather than reopen it.
If something isn’t profitable Disney has no problem closing it and writing it off as a loss.
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