The Red Button Option

[spresso81]

The article below should be required reading for this thread - I do not want it to be too political but most of it pertains to this:

Barr Says Disney, Apple and Other Firms Are Now Pawns of China

Major U.S. companies including Walt Disney Co. and Apple Inc. have become pawns of China, enabling the government in Beijing to amass influence and wealth at the expense of the U.S. and Western democratic values, Attorney General William Barr said.

www.bloomberg.com

This is a really good article which supports some of WDWPros points. The quote below is really interesting:

“The Chinese Communist Party thinks in terms of decades and centuries, while we tend to focus on the next quarter’s earnings report.”

 

[el_super]

I thought Barr's knowledge as to how many CCP members work for Disney and what their desks look like was a clear sign to Burbank. He didn't say those words for the heck of it.

I'm confused. They were surprised that the people who work for a theme park in a communist country identified themselves as communists? I'm sure on paper, everyone who works at SHDL is a communist. Why would it be surprising?

 

[HauntedMansionFLA]

Can you comment on the working dynamic between the two Bobs? Is one preparing to exit? Is it possible Staggs will return?

Staggs would be like “ What happened to FP+”??

 

[doctornick]

Why would it be odd that CCP members work at SDL? I’ll admit I don’t exactly follow these things, but since the China parks are partially (mostly) owned by the government there, wouldn’t CCP members be involved in the parks? I guess I’m missing the scandal here

 

[peter11435]

Why would it be odd that CCP members work at SDL? I’ll admit I don’t exactly follow these things, but since the China parks are partially (mostly) owned by the government there, wouldn’t CCP members be involved in the parks? I guess I’m missing the scandal here

Exactly

 

[lazyboy97o]

I'm confused. They were surprised that the people who work for a theme park in a communist country identified themselves as communists? I'm sure on paper, everyone who works at SHDL is a communist. Why would it be surprising?

On paper everyone is not a member. Membership in the Party is something special that is earned. It comes from Lenin’s re-conception of the Party as a vanguard that leads the proletariat.

 

[the.dreamfinder]

I'm confused. They were surprised that the people who work for a theme park in a communist country identified themselves as communists? I'm sure on paper, everyone who works at SHDL is a communist. Why would it be surprising?

CCP is more like a country club than a western political party. In a country of 1.4 billion, only 90 million are members.

 

[el_super]

CCP is more like a country club than a western political party. In a country of 1.4 billion, only 90 million are members.

Only 90 million? That's a pretty big country club.

 

[Touchdown]

Only 90 million? That's a pretty big country club.

6% of the population. That’s all who get to “vote”

 

[Brer Panther]

As for Splash Mountain and other frivolous projects, the pendulum has begun to shift inside the company.

I like the sound of that.

 

[Ldno]

Since when have such official people with important business used Twitter direct messages to communicate? I’m not saying I don’t believe you, but this seems incredibly random.

Remember the whole slack breach? How people companies were using slack and got breached with confidential data, same with Zoom and company meetings? Companies outsource all forms of communication within all the time, tbh going secure in a vpn just to send a message in the middle of nowhere can be tedious, not surprising if twitter can be used to discuss official business, but that’s just Proves that Twitter was never a tech Company to begin with and that’s why they are panicking.

Same. 2020 just keeps getting stranger.

If Chapek was rooting for MK only I’m going to guess he’s making a big deal of how he was right to the board. This is a terrible time for many reasons to be opening all 4 parks.

Hell yeah, i was mad for all the cuts in galaxy’s edge, but people who go by the numbers are the ones who will always CYA themselves no matter what and couldn’t care about their legacy, man, if it’s true Iger‘s legacy is at risk.

Closures of Primeval Whirl, Stitch, and Rivers of Light...

Leven of Oooooofffff over 9000

A year ago you couldn’t tell me Disney was not Untouchable , heck their studios managed to score the record breaking 10 billion ticket sales, all of a sudden covid just seems like something that was placed to destroy and topple the entertainment industry, now they are saying movie theaters are not planning on opening until 2021 and the stocks slid, might as well go digital at this point. Nothing surprises me anymore tbh, mandatory face mask policies and fines, temperature checks for going into Walmart’s

 

[TrainsOfDisney]

Exactly

Well it seems to be relevant to Barr.

 

[peter11435]

Well it seems to be relevant to Barr.

Well, there’s no way to reply here without getting overly political.

 

[skiir97]

So does this mean we are getting a sequel to Disney Wars?

This has more twists and turns than the covid drama. Crazy days.

To bad Stewart isn’t walking through the hallways now. Would have been a fantastic book.

If there was a “sequel”, who would even write it?

 

[spresso81]

To bad Stewart isn’t walking through the hallways now. Would have been a fantastic book.

If there was a “sequel”, who would even write it?

Our own theRealBobChapek - once he is made the scapegoat

 

[WEDway Inc & Company LLC]

Random question, but if Disney did indeed sell/divest in HKDL and SDL, how much would this make up for this pandemic and it's effects? Would it be enough to "get things back on track"?

 

[Nubs70]

I thought Barr's knowledge as to how many CCP members work for Disney and what their desks look like was a clear sign to Burbank. He didn't say those words for the heck of it.

IiRC, at the shortlyvbefore opening, $800MM was transferred to SDL for building last minute additions which really did not materialize.

 

[peter11435]

Random question, but if Disney did indeed sell/divest in HKDL and SDL, how much would this make up for this pandemic and it's effects? Would it be enough to "get things back on track"?

Not really

 

[Lilofan]

Random question, but if Disney did indeed sell/divest in HKDL and SDL, how much would this make up for this pandemic and it's effects? Would it be enough to "get things back on track"?

I think Shanghai DL alone cost several billion dollars to build. Looks like Wall Street will be grilling Iger during Q&A on August 4th during TWDC quarterly earnings conference call with Wall Street.

 

[lazyboy97o]

IiRC, at the shortlyvbefore opening, $800MM was transferred to SDL for building last minute additions which really did not materialize.

The $800 million was to get things back on track so that projects that had fallen behind would be ready for opening day. As the minority partner Disney paid less than half of that infusion.