I don't know how much longer Disney will last without major layoffs and cost cuts
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Woke Disney Lost Almost $900 Million On Last 8 Films: Report https://www.dailywire.com/news/woke-disney-lost-almost-900-million-on-last-8-films-report
And this isn't even considering Indiana Jones is predicted to be a major bomb.
It’s because of all those damn racist, sexist, homophobic, soon-to-be-extinct, Gamergate incel C.H.U.D.s who live in their mom’s basement and don’t matter at all!
If they lose a billion a year I think they still have enough Market Cap for another 20 years
Market cap is sensitive to a lot of things, including current P&L. Just ask Anheuser-Busch.
Far worse, I've been told the theme parks have been very slow this summer. They are slow anyway, but it's even worse now.
Ticket prices for this month have been the lowest I’ve seen and even then, Disney struggled to sell them.
Could be due to that genie+ mess. Paying exorbitant extra fees to get the chance to maybe ride the attraction you want is a blatant cash grab and detracts from the whole 'magical' experience shtick.
They have also let a lot of the park fall into disrepair compared to the old Disney tradition of being anal about cleanliness and maintenance. Plus they are losing a ton of people to Universal Orlando, which doesnt have the same issues with reputation and state of the park, as well as having attractions that are rapidly becoming more popular. And that is before Epic Universe comes around.
Epic Universe has been a slight pain for Universal. The parks now are going through updates, like the night shows and parades. With everyone looking forward to Epic opening, there have been people holding off from coming. There has been a lot less people even for Universal at the moment.
There has been a lot of conversation on queuless rides. Technology, shows, and other stuff keep people entertained and then suddenly they get a text that the line is ready. It's a real headache to figure out, and most tries have not been fully successful.
A lot of part time people haven't been scheduled for months.
It will keep going until Disney dies. Rainbow-Marxism is a cancer, and cancer keeps going until it kills its host, or it itself is killed.
Disney+ took in 7.4 billion last year. The new model for films will just be socialism. Everyone pays for a streaming service and the party makes whatever movies they want.
Disney+ is bleeding money and loosing customers. At the moment they are cutting content. They have no idea how to make Disney+ profitable. Also: Disney wants ESG-money and the only way to get it is to actively produce the antithesis to what a profitable customerbase would want.
They can have either ESG-money or customers money.
It is almost comical how much money they lose on Disney+. A financial guy I watch put it in comparison of the money they lose on it is equivalent of a Disney Cruise Ship just straight up sinking every quarter (in terms of cost).
It is one of my main points used to show that ESG-money actually doesnt help. If it did, Disney wouldnt be withering like it has a vampire draining it.
I wanna believe, but this is the opinion of a "YouTube financial analyst". Can anyone confirm that this person is actually legit?
For what it is worth (since I watch Valliant for most of my sourcing), he has 2 advantages.
He actually does financial analysis and risk planning as a day job, and Youtube is just a hobby. He also frequently shows his work that you can tell he isnt just pulling numbers out of his ass when it comes to the financial work, and his analysis of the typical "Hollywood Math" seems to line up with people who are known Hollywood insiders (like Chris Gore).
He is close friends with WDW Pro, who is one of the most accurate Disney insiders in that sphere, and who has provided him with documents that back up some of his stances.
So it absolutely could be wrong. But he is probably a lot more right than just some rando.
Also his estimate is a lowball, so most likely the actual losses are greater than what he calculated.
Disney died when Walt did. A few talented necromanimators were able to bring it back, briefly, but shambling corpses never last very long. Zootopia was basically its last gasp from the depths of its decaying belly.
aren't all Disney Films losing money anyway? you know, for tax purposes.
"I knew Mickey when he was just getting started. He is a real American. His movies inspire... I like them... and everybody... Uncle Remus, you know? The bill... the thing, man. God save the Queen, man!" shakes Invisible Man's hand
This sadly is probably not too far from the near future of a dem using a cartoon to political pandering
The measure will have strong bipartisan support. Media will praise it as rare moment of unity across the country, and interview random people on the street saying it's just the right thing to do.
This is exactly what I’m betting. Disney is not doing this in a vacuum. They will be bailed out if they fail and will continue doing their terrible practices assured there is no risk.
“Too big to fail” really means “Too big to bail out”.
This!
I'm certain of it