Disney: The Most Evil Business In The World

[WBO]

Interesting arguments but the big news is Iger. He believes that what he predicted 10 years ago is actually taking place now, i.e. the death of television in its current structure. He wants Disney to sell, or at most be joint venturers, in all of its television operations. All of it, including ESPN, Disney +, everything. He believes television is going to be totally a la cart and believes production is the only area where they can make money.

Fascinating. Lot's of change ahead.

 

[Gladiator1]

Contrary to what random tweeters (who have no idea how to read a financial statement)

Disney had over 6 billion dollars of free cash flow (FCF) from operations last year

Disney covered their interest expense 4.5x from FCF from operations.

Their last 9 movies (excluding Avatar 2) reportedly lost 1 billion dollars. Of course, they fail to include Avatar 2 (which made over 2.5 billion dollars at the box office). Funny how that got excluded....

Not saying Disney doesn't have its issues but any implication that they are being forced to sell ESPN because they are broke is a complete and utter lie not based on any facts...

The only financial numbers I know of Disney's, is there stock is down more than 50% in the last 2 years. Somebody knows something

 

[MurphyVol]

Interesting arguments but the big news is Iger. He believes that what he predicted 10 years ago is actually taking place now, i.e. the death of television in its current structure. He wants Disney to sell, or at most be joint venturers, in all of its television operations. All of it, including ESPN, Disney +, everything. He believes television is going to be totally a la cart and believes production is the only area where they can make money.

Fascinating. Lot's of change ahead.

I can't decide if regular TV is going away or if it'll come back in one big streaming bundle and be like cable again. Other than Netflix, nobody seems to be making money on streaming

 

[TheDeeble]

I can't decide if regular TV is going away or if it'll come back in one big streaming bundle and be like cable again. Other than Netflix, nobody seems to be making money on streaming

I'm one of the dinosaurs that still has DirectTv. I don't want more accounts and passwords to keep track of. I don't want to have to juggle more streaming apps as things are added, removed, or merged. I'm just sticking with one thing that has most everything I want. Is it more expensive? Probably. But it's far less hassle.

I still don't see how streaming apps are profitable when you can sign up for a month, watch what you want, then cancel and come back a few months later or next year when next seasons are released or new shows are added. This seems like what my friends do. Just rotate out Netlfix, Hulu, Disney, youtube tv, HBO, ect.

 

[n_huffhines]

Contrary to what random tweeters (who have no idea how to read a financial statement)

Disney had over 6 billion dollars of free cash flow (FCF) from operations last year

Disney covered their interest expense 4.5x from FCF from operations.

Their last 9 movies (excluding Avatar 2) reportedly lost 1 billion dollars. Of course, they fail to include Avatar 2 (which made over 2.5 billion dollars at the box office). Funny how that got excluded....

Not saying Disney doesn't have its issues but any implication that they are being forced to sell ESPN because they are broke is a complete and utter lie not based on any facts...

They're not even "selling" ESPN. They want to sell a stake to a strategic partner.

 

[WBO]

I can't decide if regular TV is going away or if it'll come back in one big streaming bundle and be like cable again. Other than Netflix, nobody seems to be making money on streaming

Its biggest problem is the increasing number of options for visual entertainment, including interactive. Trying to get some free time to learn everything my Quest can do. Looking forward to watching a good aviation film on it.

Also, with the quality of home theater equipment, including projection screens that are 180 inches, there's going to be the ability to buy movies as soon as they come out. Especially in light of the difficulties the theaters are having.

As far as everything else, who knows. I would bet money that all sports will eventually be PPV. Not so sure I wouldn't like that if the pricing were reasonable and commercials were eliminated. No more incredibly long games for TV time outs to sell beer.

 

[volfanhill]

Its biggest problem is the increasing number of options for visual entertainment, including interactive. Trying to get some free time to learn everything my Quest can do. Looking forward to watching a good aviation film on it.

Also, with the quality of home theater equipment, including projection screens that are 180 inches, there's going to be the ability to buy movies as soon as they come out. Especially in light of the difficulties the theaters are having.

As far as everything else, who knows. I would bet money that all sports will eventually be PPV. Not so sure I wouldn't like that if the pricing were reasonable and commercials were eliminated. No more incredibly long games for TV time outs to sell beer.

John Skipper, former president of ESPN, predicted a few months ago that the Super Bowl will PPV in the near future in his opinion. Don't know if I agree with him. He would certainly be more informed on the subject than me.

 

[n_huffhines]

John Skipper, former president of ESPN, predicted a few months ago that the Super Bowl will PPV in the near future in his opinion. Don't know if I agree with him. He would certainly be more informed on the subject than me.

Seems unlikely. Why mess with the best advertising revenue event of the year? People are watching it probably 20 to a location on average. They're gonna lose viewers and advertisers. I don't believe they make that $ back by charging the location.

 

[volfanhill]

Seems unlikely. Why mess with the best advertising revenue event of the year? People are watching it probably 20 to a location on average. They're gonna lose viewers and advertisers. I don't believe they make that $ back by charging the location.

Here's the short version of his thoughts


Ex-ESPN president proposes the NFL make Super Bowl a pay-per-view event to drive up revenue

 

[volbound1700]

I'm one of the dinosaurs that still has DirectTv. I don't want more accounts and passwords to keep track of. I don't want to have to juggle more streaming apps as things are added, removed, or merged. I'm just sticking with one thing that has most everything I want. Is it more expensive? Probably. But it's far less hassle.

I still don't see how streaming apps are profitable when you can sign up for a month, watch what you want, then cancel and come back a few months later or next year when next seasons are released or new shows are added. This seems like what my friends do. Just rotate out Netlfix, Hulu, Disney, youtube tv, HBO, ect.

I got Direct TV Stream and saved money as FYI. You may want to look into it. It is effectively the same other than stream vs. cable.

 

[volbound1700]

Its biggest problem is the increasing number of options for visual entertainment, including interactive. Trying to get some free time to learn everything my Quest can do. Looking forward to watching a good aviation film on it.

Also, with the quality of home theater equipment, including projection screens that are 180 inches, there's going to be the ability to buy movies as soon as they come out. Especially in light of the difficulties the

theaters are having.

As far as everything else, who knows. I would bet money that all sports will eventually be PPV. Not so sure I wouldn't like that if the pricing were reasonable and commercials were eliminated. No more incredibly long games for TV time outs to sell beer.

Movie theaters are definitely on the way out. Some will survive by becoming more of an entertainment venue/novelty like some drive-in theaters to go to for just fun but they won't be the "go to" anymore to just see new movies.

 

[Wireless1]

Seems unlikely. Why mess with the best advertising revenue event of the year? People are watching it probably 20 to a location on average. They're gonna lose viewers and advertisers. I don't believe they make that $ back by charging the location.

I’m not sure when the last Super Bowl was played that I would have done more than turn the channel (the TV is already turned on) to watch. Sounds like they went to the same marketing school as the Bud Light crew

 

[Majors]

Interesting arguments but the big news is Iger. He believes that what he predicted 10 years ago is actually taking place now, i.e. the death of television in its current structure. He wants Disney to sell, or at most be joint venturers, in all of its television operations. All of it, including ESPN, Disney +, everything. He believes television is going to be totally a la cart and believes production is the only area where they can make money.

Fascinating. Lot's of change ahead.

Thanks Bob! Had he seen that coming the stock wouldn’t be below $90. Maybe around $400 with proper management of their divisions…instead Disney decided to let ESPN get political instead of focusing on sports, scores and feel good stories.

Instead you get this in how they view sports. More to come

 

[Majors]

The only financial numbers I know of Disney's, is there stock is down more than 50% in the last 2 years. Somebody knows something

“Covid”, awful management of the direction of the company, layoffs and weak box office productions.

 

[Carl Pickens]

New live-action 'Snow White' dumps seven dwarves for seven multi-racial, mixed-gender 'magical creatures'

 

[WBO]

Thanks Bob! Had he seen that coming the stock wouldn’t be below $90. Maybe around $400 with proper management of their divisions…instead Disney decided to let ESPN get political instead of focusing on sports, scores and feel good stories.

Instead you get this in how they view sports. More to come

ESPN isn't like Bud Lighyt. Thee's not enough "woke" in the world for 99% of the Vols fans to not watch a game. You could have three trans commentators all dressed up and the fans would still tune in. You may turn the sound off, but they will still watch. Same at Bama, Georgia, etc.

 

[Majors]

ESPN isn't like Bud Lighyt. Thee's not enough "woke" in the world for 99% of the Vols fans to not watch a game. You could have three trans commentators all dressed up and the fans would still tune in. You may turn the sound off, but they will still watch. Same at Bama, Georgia, etc.

Except its worse. ESPN has been losing customers since 2016, this isn’t new…to the tune of millions a year. The fall of ESPN has been a slow bleed, just the latest layoffs and restructure is a result of years in the making.

 

[OrangeBoro]

Except its worse. ESPN has been losing customers since 2016, this isn’t new…to the tune of millions a year. The fall of ESPN has been a slow bleed, just the latest layoffs and restructure is a result of years in the making.

Their shows have turned into The View they are all left wing loons. It’s going to be interesting to watch Pat McAfee to see if he falls in line with their thinking or if he is gone within 2 years

 

[n_huffhines]

Their shows have turned into The View they are all left wing loons. It’s going to be interesting to watch Pat McAfee to see if he falls in line with their thinking or if he is gone within 2 years

You guys act as if these shows are talking politics all the time. The shows suck because they are just hot take artists taking turns. 2% of the content is political. Most of the political hubbub is **** that happens off the air. Pat's gonna be fine.

 

[BigOrangeMojo]

You guys act as if these shows are talking politics all the time. The shows suck because they are just hot take artists taking turns. 2% of the content is political. Most of the political hubbub is **** that happens off the air. Pat's gonna be fine.

For non-sports programming, the % related to politics/controversial social topics is signifcantly less than it used to be but it's way more than 2%....

 

[n_huffhines]

Elemental having a resurgence and will pass Encanto at the box office, which is shocking. I have not seen Elemental, but Encanto is good. Disney definitely making their $ back on this one.

 

[W.TN.Orange Blood]

 

[n_huffhines]

Why would anyone film it is the same question as why would anyone post it?

 

[BigOrangeMojo]

Elemental having a resurgence and will pass Encanto at the box office, which is shocking. I have not seen Elemental, but Encanto is good. Disney definitely making their $ back on this one.

I wonder what that $890 million dollar loss "analysis" looks like now once you factor in the nearly $1b box office reciepts of Little Mermaid and Elemental (the original primarily only included the expense to make those movies). Of course, this "analysis" inexplicably excluded Avatar's 2.32 billion box office haul from its analysis as well.

 

[MurphyVol]

I wonder what that $890 million dollar loss "analysis" looks like now once you factor in the nearly $1b box office reciepts of Little Mermaid and Elemental (the original primarily only included the expense to make those movies). Of course, this "analysis" inexplicably excluded Avatar's 2.32 billion box office haul from its analysis as well.

You know there's almost something like an anti-blockbuster vibe out there. It's become cool to trounce on big name movies (unless they're basically perfect like TG Maverick). Shazam 1 was a fun but dismissible kiddie type movie and it gets a 90 on rotten tomatoes. Shazam 2 has the the same feel and vibe and I thought was maybe a little better and it gets a 49 (but the audience score was on par with the first one).

Same thing for Ant Man. How do critics love #2 but hate #3...and they went all in on banging the "too much CGI" drum. What type of physical set does one build to depict a microscopic universe?

I think critics are tired of animated/action/superhero stuff dominating their artsy field and they're trying to push down the big tentpole flicks.