News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026

[Sirwalterraleigh]

 

[Trauma]

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Well now we know a writer for CNN posts here.

 

[the_rich]

Never let facts get in the way of a good rant. Just checked Box Office Mojo and TLM has grossed $544mm thru last weekend (not really close to $700mm). The last weekend US haul was 3.6 mil, in otherwords it is about to be pulled. Variety reported last week that the combined losses of all the movies released by Disney so far in 2023 will be 800MM, that is not what I would call a healthy situation. Other than that, how was the play Mrs. Lincoln.

Please post a link, because no variety article comes up showing $800 million in losses.

 

[Sirwalterraleigh]

Never let facts get in the way of a good rant. Just checked Box Office Mojo and TLM has grossed $544mm thru last weekend (not really close to $700mm). The last weekend US haul was 3.6 mil, in otherwords it is about to be pulled. Variety reported last week that the combined losses of all the movies released by Disney so far in 2023 will be 800MM, that is not what I would call a healthy situation. Other than that, how was the play Mrs. Lincoln.

Mermaid is a minimum $96 mil short of the cover number…is done with gross overseas…and $600K a day domestically on 2000 screens and about to drop by half there.

It’s a loss…but let’s just make sure the last couple of Pennies are in there, MmmmKay?

 

[Eric Graham]

Mermaid is a minimum $96 mil short of the cover number…is done with gross overseas…and $600K a day domestically on 2000 screens and about to drop by half there.

It’s a loss…but let’s just make sure the last couple of Pennies are in there, MmmmKay?

Maybe spending 100 million on advertising for this movie was a bit much?

 

[the_rich]

Maybe spending 100 million on advertising for this movie was a bit much?

The break even was already hit at $540 million. Now they definitely weren't looking to break even but it's much different than losing $100 million.

 

[Trauma]

The break even was already hit at $540 million. Now they definitely weren't looking to break even but it's much different than losing $100 million.

However, this $560 million figure, which assumes a $300 million domestic gross and a $260 million international gross, also includes $100 million in expected earnings from television, both free and pay television, another $100 million from home entertainment, digital and DVD, and $80 million from international television sales and streaming rights. Basically, the $560 million break-even scenario accounts for an exhaustion of the film’s potential revenue streams beyond its theatrical life and leaves little possibility for the film to be able to achieve any substantial profit for Disney.



The spin factor on failed Disney products it truly next level.

 

[Eric Graham]

However, this $560 million figure, which assumes a $300 million domestic gross and a $260 million international gross, also includes $100 million in expected earnings from television, both free and pay television, another $100 million from home entertainment, digital and DVD, and $80 million from international television sales and streaming rights. Basically, the $560 million break-even scenario accounts for an exhaustion of the film’s potential revenue streams beyond its theatrical life and leaves little possibility for the film to be able to achieve any substantial profit for Disney.



The spin factor on failed Disney products it truly next level.

In the latest Indiana Jones movie, I believe that they could've saved a lot of money by editing the 45 minute tuk-tuk chase scene.

 

[CaptainAmerica]

This is one of the most out of touch statements Iger has ever said and that is really, really saying something. He is currently getting blasted on social media for this and tbh deserved.

He's right. The writers and SAG are delusional.

 

[CaptainAmerica]

The break even was already hit at $540 million. Now they definitely weren't looking to break even but it's much different than losing $100 million.

You're wrong. The break even on Mermaid is not close.

 

[SamusAranX]

He's right. The writers and SAG are delusional.

Frankly for me it’s rich people fighting with upper class slightly well off people. The 1 percent versus the 10 percent.

I.e I have no sympathy for either side.

 

[Sirwalterraleigh]

Maybe spending 100 million on advertising for this movie was a bit much?

It was $140 minimum

The break even was already hit at $540 million. Now they definitely weren't looking to break even but it's much different than losing $100 million.

$640…

SIX

Don’t lie…just don’t bother commenting if that’s how you’re gonna “win”

 

[Sirwalterraleigh]

He's right. The writers and SAG are delusional.

So are the media companies promising false profits…to be fair

Frankly for me it’s rich people fighting with upper class slightly well off people. The 1 percent versus the 10 percent.

I.e I have no sympathy for either side.

Those are the fights that last the longest…cause they can afford it and crave money like opium

 

[willtravel]

Since Roy E. Disney started the campaign "Save Disney" and helped to oust Eisner, I wonder how Roy would feel about Iger now?

 

[CaptainAmerica]

Mermaid:

Domestic box office is $291 million, of which Disney keeps 55%, or $160 million.

International box office (excl. China) is $249 million, of which Disney keeps 43%, or $107 million.

China box office is $4 million, of which Disney keeps 25%, or $1 million.

So Disney is sitting on $268 million of receipts against production and marketing budget of $390 million. They're sitting at a $100 million loss.

 

[Lilofan]

Since Roy E. Disney started the campaign "Save Disney" and helped to oust Eisner, I wonder how Roy would feel about Iger now?

Roy didn't care about Iger and was threatening to bring a lawsuit when he learned Iger would be named CEO back in the day. Iger as CEO made peace with Roy naming him Chairman Emeritus and giving him an office . Roy dropped the lawsuit.

 

[Sirwalterraleigh]

Since Roy E. Disney started the campaign "Save Disney" and helped to oust Eisner, I wonder how Roy would feel about Iger now?

Roy didn't care about Iger and was threatening to bring a lawsuit when he learned Iger would be named CEO back in the day. Iger as CEO made peace with Roy naming him Chairman Emeritus and giving him an office . Roy dropped the lawsuit.

Roy agreed to Iger - he wasn’t a fan - because his goal was to get overdue Michael out and shake up the board…Iger was a boring, non-controversial fallback plan.
He was never a “successor”

Roy would be talking to ever investment fund he could today to get this guy out…and probably a long time prior

 

[eliza61nyc]

I would really prefer to see movies without 3 hour run times with previews included. Indiana Jones was over 2 and a half hours. Too much sitting!

lol forget sitting, staying awake through a 3.5 hour movie is a herculean effort

 

[willtravel]

Good lord the man started off as a weatherman and worked his way up. There has to be someone else as qualified who also has worked their way up.

 

[Nubs70]

My take away from Bob this morning was: if you are not making money, we are going to spin you off.

What's that going to leave??