denyuntilcaught
Well-Known Member
With Lionsgate it's literally a matter of time.
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News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026
- Thread starter DCBaker
- Start date
Robbiem
Well-Known Member
Morgan Stanley CEO Says He Will Help With Disney’s Succession Plan When He Joins Its Board
James Gorman says he will join Disney's special succession committee when he joins the board next year.
www.hollywoodreporter.com
flynnibus
Premium Member
That was because of the old ownership...
The new ownership is just pure clickbait sesspool. Same flaws as DFB. Just some ad farm now.
_caleb
Well-Known Member
I mean, we've been trying to tell people...
_caleb
Well-Known Member
A bubble? When was the last time you bought a CD to listen to your favorite music?
Netflix and Amazon have cut out the studios by poaching creatives, producing their own content, and leveraging data to track consumer behavior.
Disney didn't have a choice but to pivot to streaming. The smaller guys are going to get bought/bundled or put out of business.
BaconPancakes
Well-Known Member
It's all about vinyl now. I have a growing collection.
_caleb
Well-Known Member
Maybe reel-to-reel filmstrips will come back for Disney films?
I remember seeing a Crosby/Nash ( still barefoot ) acoustic show with about 300 other fans on the tennis court area of the Peabody Hotel in Orlando back in the day. What a night and riding with David Crosby in the hotel elevator was a barrel of laughs. He signed fans vinyl records pre concert.
Sony's doing fine being an independent studio that licenses its library to Netflix and Disney.
The parent company would have to want to be out of the movie business for Sony Pictures to be up for sale.
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Indeed we have.
Behold... The Streaming Wars. In which a company is trying to make their streaming service to be profitable. We have...
Making profit: Netflix and Hulu
Not making profit but has deep pockets from their daddy corporation to be a loss leader for years to come: Apple+, Prime, Peacock, and Disney+.
- Although, Disney+ is on track to become profitable within this fiscal year.
- Comcast isn't very happy with Peacock being far from winning the Streaming Wars and is getting antsy supporting it.
Not making profit, no deep pockets, and not likely to profit anytime soon: MAX (Discovery), Paramount+ (CBS, Viacom, Showtime), Starz (Lionsgate).
Not in the game: Sony.
The forum ban was rather recent.
_caleb
Well-Known Member
A very good summary, in my opinion!
In their own small way, I think Sony is in the streaming game, just with a different approach. They're trying to leverage the fact that there are 117.2M Playstation 4s and over 50M Playstation 5s out there, and they have millions of younger customers trained to pay $60/each for video games. They've tried to make their Sony Pictures Core service a thing. This makes sense, as they're bridging their profitable gaming business (hardware and software) with their film studio content, which is increasingly looking to games for inspiration (Spider-Man, Uncharted, Gran Turismo, Resident Evil, etc.)
Currently, SPC is more like old-school iTunes Movies, where you can rent or purchase digital content, and they're still strategically licensing out content to other to Netflix, Hulu/D+, Max. But with their films and series, Sony LIV (OTT in India), Crunchyroll (Sony's library of anime), and their understanding of gaming habits, I see them as something of a sleeper in the streaming wars.
Dranth
Well-Known Member
Don't think much of their approach with users losing access to TV and movies they paid to own.
_caleb
Well-Known Member
Are you referring to users losing Discovery content at the end of this year? If so, that's been walked back.
Dranth
Well-Known Member
I was, so glad to see that, but it isn't the first time that has happened with Sony run services. Hard to trust them at this point.
New statement from Disney.
"The Walt Disney Company confirmed today that Blackwells Capital LLC, together with its affiliates (collectively, “Blackwells”), has provided notice of its intent to nominate three individuals for election to the Company’s Board of Directors at the 2024 Annual Meeting of Shareholders.
Disney has an experienced, diverse, and highly qualified Board that is focused on the long-term performance of the company, strategic growth initiatives including the ongoing transformation of its businesses, the succession planning process, and increasing shareholder value.
The Governance and Nominating Committee, which evaluates director nominations, will review the proposed Blackwells nominees and provide a recommendation to the Board as part of its governance process.
The Company expects to file preliminary materials with respect to the 2024 Annual Meeting of Shareholders with the Securities and Exchange Commission (“SEC”), which will include the Board’s recommended slate of director nominees. Disney shareholders are not required to take any action at this time."
thewaltdisneycompany.com
Adding an article from Reuters with more details.
"The Walt Disney Company confirmed today that Blackwells Capital LLC, together with its affiliates (collectively, “Blackwells”), has provided notice of its intent to nominate three individuals for election to the Company’s Board of Directors at the 2024 Annual Meeting of Shareholders.
Disney has an experienced, diverse, and highly qualified Board that is focused on the long-term performance of the company, strategic growth initiatives including the ongoing transformation of its businesses, the succession planning process, and increasing shareholder value.
The Governance and Nominating Committee, which evaluates director nominations, will review the proposed Blackwells nominees and provide a recommendation to the Board as part of its governance process.
The Company expects to file preliminary materials with respect to the 2024 Annual Meeting of Shareholders with the Securities and Exchange Commission (“SEC”), which will include the Board’s recommended slate of director nominees. Disney shareholders are not required to take any action at this time."
Statement From The Walt Disney Company - The Walt Disney Company
The Walt Disney Company confirmed today that Blackwells Capital LLC, together with its affiliates (collectively, “Blackwells”), has provided notice of its intent to nominate …Read More
thewaltdisneycompany.com
Adding an article from Reuters with more details.
TrainsOfDisney
Well-Known Member
I think the biggest mistake that Disney has made with streaming is the mentality of needing to compete with Netflix in both pricing, and amount of content.
In my opinion it has cheapened the Disney brand to put other studio films right next to Disney (ice age, snoopy, etc.) - and honestly Disney+ should have cost MORE than Netflix for just the Disney content.
Now if Disney as the larger company wanted to include Disney+ as an add on to Hulu and dump all the other stuff they own into Hulu to try to make that a Netflix competitor that’s a different discussion.
In my opinion it has cheapened the Disney brand to put other studio films right next to Disney (ice age, snoopy, etc.) - and honestly Disney+ should have cost MORE than Netflix for just the Disney content.
Now if Disney as the larger company wanted to include Disney+ as an add on to Hulu and dump all the other stuff they own into Hulu to try to make that a Netflix competitor that’s a different discussion.