Kennedy was responsible for overseeing the sequel trilogy, which grossed over $4.4 billion in worldwide box office
Gross earnings don't mean shit. Disney hasn't publicized their net earnings because there aren't any. They still haven't earned back what they spent to buy Lucasfilm to begin with, and that is before taking inflation and opportunity cost into account.
I mean to be fair movie studios always commit fraudd in order to make it look like the net earnings are zero. That's how they can avoid paying their actors. They try to pressure people into signing contracts where they get a percentage of the net pay and then they fudge the numbers so that there is none
Normally, yes. In this case though, Disney has been such a mess for the last few years, that all of their fraud has been the opposite and meant to make them look profitable. They are terrified of taking a big stock price hit that would allow Nelson Peltz to do a hostile takeover.
Maybe. They would have more than quadrupled their money by now if they had just put that 4 billion into the S&P 500 and then done nothing. That is the opportunity cost.
Gross earnings don't mean shit. Disney hasn't publicized their net earnings because there aren't any. They still haven't earned back what they spent to buy Lucasfilm to begin with, and that is before taking inflation and opportunity cost into account.
Anyway, good riddance, but too little, too late.
Purchase price of $4 billion
And they spent billions on production and marketing too. They are still way under water on the deal.
Edit: and Disney only gets half of the gross. Theaters get the rest.
I mean to be fair movie studios always commit fraudd in order to make it look like the net earnings are zero. That's how they can avoid paying their actors. They try to pressure people into signing contracts where they get a percentage of the net pay and then they fudge the numbers so that there is none
Normally, yes. In this case though, Disney has been such a mess for the last few years, that all of their fraud has been the opposite and meant to make them look profitable. They are terrified of taking a big stock price hit that would allow Nelson Peltz to do a hostile takeover.
Plus the cost of that retarded hotel they dumped a ton into.
And that sequel-themed park that nobody cares about
Opportunity cost - it would have grossed $40 billion.
Her anti-white + anti-male propaganda cost disney $36 billion
Maybe. They would have more than quadrupled their money by now if they had just put that 4 billion into the S&P 500 and then done nothing. That is the opportunity cost.
Fuck, just give me $10 and the ability to tell KK to fuck off and I could’ve made them $40 billion
I literally would have watched a movie of you just saying that over and over
No worries. Disneys Star Wars hotel will help make up the costs.