Whould Disney survive if...

[FutureCEO]

we had another depression or a wicked bad recession. I don't think they would.

 

[TURKEY]

Why don't you think they will survive?


I think they will survive in some state. Some divisions, subsidiaries might not make it, but I think most of the company will.

 

[Dawnie]

If you mean a wicked depression like the 1930s then I don't think that kind of thing would ever happen again. There are too many things in place to stop anything like that happening again.

If you mean the kind of depression that the US experiences every 20 years or so, then of course Disney will survive. Maybe not 100% of Disney will survive but they'll still be there in some shape or form.

 

[SteveUK]

Of course they would. They have had the foresight and clever management to spread themselves around. They have interests in so many diverse areas that they have got themselves in a very good position for such an eventuality. People love to complain about the ways their money has been invested, but the simple fact is that they are not stupid, they have to ensure self survival, after all, Disney is a profit making company.

 

[pheneix]

On their own the parks probably would survive a severe depression unharmed (Disney's mismanagement of the parks is exponentially doing more harm than any outside influence could possibly do), but I doubt any other portionof the company would survive in one piece. Disney's film and television library would defnitiely survive (except for the terrible excuses for movies that Disney has released the past several years), ESPN could, and maybe some aspects of the consumer products division would survive, but everything else would self-destruct and get sold off in pieces (but that it already happening). The sad part is that all of Disney could be morphed into a juggernaut of a company that everybody else could not stand to compete against, but Eisner and his cronies have pretty much tore these assets apart. If a CEO with a vision and a large amount of pride would step in RIGHT NOW and turn things around, Disney will have no problems surviving whatever is thrown at it. However, with Eisner (and by extension the big time idiots that he has promoted during his reign) continuing to run Disney into the ground at a horrifying pace, in 5 or 6 months not even a "Dream CEO" could salvage Disney as it is now.

The bottom line is that if the economy were to take a nosedive, Disney as we know it would cease to exist immediately. Then again, Disney as we know it will cease to exist in the not-to-distant future, so maybe this talk really doesn't matter...

 

[MajinBuu]

Well, look at Macy's. Its been around before, and durring the depression of the 30's, and its still around. Sure its probably not as big as Disney, but if Macy's can stick around after the 30's then Disney should do fine.... Of course this isn't the 30's and the economy has changed for the most part since then...

 

[CAPTAIN HOOK]

In a severe recession or depression (like the 30's) Disney would probably sink without trace. Money would only be available to be spent on necessities (food, clothing, housing). The luxury items like cars, holidays and leisure activities would die

 

[Dawnie]

Didn't Disney already survive the 1930s Depression? OK it's not the Disney we know now but Walt kept his business going somehow.

Isn't that your answer?