Drinker's Chasers - Disney Shares Plummet To 10 Year Low
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- čas přidán 7. 09. 2023
- Its all bad news for the House of Mouse as their share price dropped to a previously unimaginable $80 per share yesterday. How much further will it fall, and what other problems are looming for Disney?
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Disney’s failures are more entertaining than their actual content.
It's funny because we wanted them to put out great entertaining products but they're willing to lose money but pushing agendas. They're not only ones but they're the main culprit
True
I’m enjoying it too, may as well 🤷♂️
Disney doesn't seem to care, they will destroy grandma's retirement fund to push their social agenda. By the way you have to get out before the stock value tanks.
If they do go under, a crap ton of people are going to get layed off. Not all of the employees there are woke activists and created the rubbish media that was criticised recently. It would be a huge shame and really suck for the little guys
The worst part about Disney being a huge embarrassing failure is them ruining Pixar, Lucasfilm, and Marvel while destroying themselves.
Misery likes company
Their partnership with EA makes perfect sense now
Like the plague☠
Not really. Not at all as a matter of fact. I have wholehearted satisfaction watching the "magic" kingdom BURN... BURN RIGHT TO THE GROUND...
Serves them right for destroying my favorite mythologies I grew up reading. And if they can't succeed, best they tower over in destruction as a lesson to the rest of the world...
Agreed
I don't want Disney to die, but the idea that Snow White could book end a centennial legacy is as hilarious as it is tragic.
I DO want Disney to die. The child trafficking, the moral errosion, the woke grand-standing, Kathleen Kennedy. Burn it with fire.
I don't have a specific feeling on a brand name as such, but I want bad stuff to fail so hard that good stuff gets made as a last resort. Whatever has to burn in that pursuit of a better tomorrow: so be it.
Don't worry, it's called creative destruction. Better studios will pick up Disney's intellectual property for pennies on the dollar when they go under. Hopefully a new renaissance of studios will tear apart the Disney corpse and turn the pieces into something actually good again.
You don't, why not?
Trust me I hate Disney, but you're genuinely delusional if you think Disney is going to die lol
At this moment in time Disney wouldn't know how to sell bottles of water at half price during a drought
They'd put Dylan Mulvaney on the bottle for starters.
🤣😂😂
You could put Iger in charge of the Sahara desert and within weeks you'd have a sand shortage and fudged accounts telling you there was a surplus.
Because water is problematic, we’ve added increasing amounts of urine into every bottle! Also, water always had lots of urine so I don’t know what you’re objecting to. Also, we’re not even adding urine because that’s a conspiracy theory! That’s why our goal is to have every bottle of water be bright yellow by 2025.
LOL I love it :)
Shareholders are beginning to see that Disney is no longer ran as a for-profit business, but as an instrument of cultural change. Bob is NOT in control of the company.
No, Disney is doing Bob's things Bob's ways. "This is why they fail", to paraphrase an excellent character.
Unless, of course, you're talking about Bob Chapek. Because he *definitely* isn't in charge of the company.
Blackrock and Larry Finklestein are calling the shots
Larry Fink is and he wants lots of diversity and lgbt. Remember he has to “Force” behaviours as he admitted in public.
@@RichSmithson He and his pals George Sauron and Klaus Schwab, are poster children for the debate on whether we fought the wrong enemy in WW2. I think I’d have to agree with General Patton on that one.
Bob is absolutely in control and was even when he wasn't supposed to be. Bob is an egomaniac, doubling down on failure. Because he can't admit he was wrong.
And they STILL won’t learn…
Better double down on the woke content 😂
Not sure what's going on but every stock advisor (except one) is still showing Disney as a buy. Excuses are generally that Disney has little competition and seem to be believing Disney's long term plan.
they're like the falling man joke, repeating to themselves "everything is fine" until the very last milisecond
...because they refuse to.
They're just following orders from the chosen people
They deserve it. Insult the fans that actually buy your products, lose money.
I recently heard a great quote on the subject of gender equality; I'll paraphrase as best as it applies here:
Women tend to fuss over the idea of being able compete with men at a traditionally masculine role or profession, under the assumption that it will prove their equality. But their very participation in these historically male-dominated fields is already proof of their equality. People don't compete to prove their equality, they compete to prove their superiority.
What's happening is pretty common in corporate America
Disney made a point to shift to making money and not worrying about the story maybe 10-15 years ago. The CEO said it, so it's not speculation.
What they did is they had decades of good will from fans built up and they banked on that while pushing out remakes of remakes and sequal after sequal with no interesting stories and now the good will has expired.
It's like there was a tool company in my state who made high quality tools then got bought out by a Chinese company and they changed all of the metal parts to plastic and made everything cheaper while charging the same and it was a success for about a decade because the brand had a sterling reputation. Now the chickens have come home to roost and now they're known as the cheap brand and I actually don't remember the last time I saw them on the shelves now that I'm typing this. I'm sure they're alive still but they were the gold standard and are now a joke.
That’s pretty accurate. Similar thing happened to Remington firearms.
Absolute pedant here. "Sequel."
A Canadian store sold high quality tools and merchandise for car repair, etc for decades. A nation brand, Canadian Tire. Those canadian made tools have been replaced with cheap chinese materials. Now the store is barely surviving. I haven't shopped there in years.
@@myoldmate It's okay to be an absolute pedant as long as you're not mocking or looking down on the person you're trying to correct.
@@inendlesspain4724 absolutely not. The post was a good one, but my effing brain just lasers in on that shit.
I am the a hole.
“When will you learn, when will you learn….
*that your actions have consequences* “
**REEEEEEEEEE**
On the one hand, if you believe Disney can bounce back in a year or two, this would be a great time to buy. On the other hand, as Warren Buffett says, "It's far better to buy a wonderful company at a fair price, than a fair company at a wonderful price."
I agree, but Disney can no longer be described as a wonderful company.
That would be the point. The price is right, but the product is trash.
@@willer3399 It is debatable whether Disney is even a fair company at this point.
Thing is everytime Disney came back on top was because they bought their competition, now its not about competition so I dont know
@ryckarduhryckarduh180 if anything it's more likely disney "comes back" by being partially bought out by someone like Amazon or Apple
It's tragic. There's few things that are universally liked. Disney's classics were one of those; the whole world regarded the brand as (at least) a solid choice for family entertainment.
But wokism took it down. Now we can't wait until they're bankrupt. A sad state of affairs.
Woke are skinwalkers and one wears Disney’s corpse.
It was easy to bait-n-switch prey before the rot of the puppets became apparent.
Disney has created a situation where ordinary people are cheering for Disney’s bankruptcy! 🤦🏼♂️😱😅😂
'wokism' didn't killed it. Lack of creativity, disrespect to their legacy - remember what they did to their classic animators after "Princess and the Frog" ? Not only did they screwed up that movie by complete lack of promotion (you can't tell me this company is 'woke' when they treated only animated movie with african cast like that) but they screwed the very people who build their brand. Then they started to disrespect medium of animation further with these cheap live actions that everyone hated. To put simply, Disney married Hollywood and it's mindset thus betraying itself and it's core audience. If you were animation fan, and loved their movies, there were couple of years where Disney was last place that cared about you. People did NOT forget. And they did NOT return. And that's what killed it.
People loved Disney, while simulanously hating Hollywood - latter for example was so offended by animated movies being capable of winning 'best picture' that they specifically made category 'best animated movie' to evade ever recognizing animation as equal to their live crap.
Story of Disney downfall is way longer and more complex then to simply lump it on new crappy slogan of mainstream 'wokism' which is idiotic in itself. Disney and mainstream would piss from fear if they ever could face anything that's 'woke'. Corporations are too spineless and wanting 'safety' for investment then to ever do anything woke.
There is a reason why Matrix was made by not known people in industry.
@@cracmar03 Woke openly wars against "tradition." Woke sacrifices art for the message. Woke finds organic ideas to be toxic. Woke are so radically left that they often eat their own for not being woke enough.
"Corporations" have been forcing "diversity," "inclusion," and "equity" into EVERYTHING for over a decade. From Ben and Jerry's Icecream to movies like The Woman King, it's constantly slapping your face, unsubtle and smug.
"The Princess and the Frog" was weak because it was greatly underbaked. Woke is all about signaling one's virtue, the end product doesn't matter- so long as the audience is (temporarily) fooled.
Wreck it Ralph was such a delight, and than Wreck it Ralph two contradicted everything the first one established while character assassinating Ralph to ""empower"" Vanellope. Recently there was Strange Worlds, one of the most visually uninteresting movies ever to have been animated with a large budget, marketing on the "diverse" main characters.
Companies have only started to feel the backlash from the audience because these diversity hires (aka 'woke') don't make art, they make (money hemorrhaging) propaganda. For a few years, they got away with it, but now the public is waking up to the sh!t flavored gruel they've been consuming.
Metalcommander: "Thank you for the good times but uh, it's not looking very good!"
"I get to pay more to get less? Hell yeah!"
This guy is preaching the truth!
Schadenfreude is the gift that keeps on giving
Canning a project doesn’t make them some money back through a tax write off. It’s a recognition that the ongoing costs of the project are higher than the ongoing revenues (essentially that it costs them even more money to keep it around). They’re just halting their losses.
At the end of the year, the loss on the project can offset some of their revenues to reduce overall net income. That reduces the corporate taxes they are responsible for. If they kept the program up, the loss would be greater-as would the write off. But it’s the equivalent of spending a dollar (cost of film) to buy a quarter (tax write off).
The IRS arent interested in a play that loses money, maybe there's a movie in that?
Yeah, people throw around “tax write-off!” And similar phrases in a way that suggests both profound ignorance and a belief that the rich and powerful can invariably find a way out of paying taxes, no matter what…
I'd say it's more akin to betting a dollar (as disney isn't making the content with the intent to can it for a tax reduction) and cashing out after dropping below and winning back a quarter. (As the closer to net 0 a movie gets without crossing that line, the worse it is as a tax reduction source)
It's not just a case of halting losses. Movie projects are set up as individual businesses by the studios. If the project is canned, that business is bankrupt. Shareholders of bankrupt businesses can't get their money back directly, but they can offset those losses against their tax bills, usually amortized over a statutory period. Think of it like crashing a car you own, writing it off rather than getting it repaired, and being allowed to deduct a quarter of the cost of the car from the overall tax you pay for the next four years. That's just one of the many mind-blowing features of Hollywood Accounting.
Cutting the loss and tax write off arent the real problem.
Disney can cut the loss, salvage tax dollars, but it cannot regain the time.
Movies and media content drive not only profit from the production, but profit from all their other offerings (merchandising, parks, etc)
If they are not producing a "hot new thing" it can take years to get the next "hot thing" out in front of audiences.
The only media idea that caught fire Disney produced in the past decade I can think of was Baby Yoda, and they had ZERO plan or product in place for marketing him.
Not only is Disney unable to produce sellable content, they are absolutely not capturing the audiences imagination, and when they do, it is with something they could not see coming.
More than a 10 year low when you add in the inflation over the past 3 years, let alone 10 years.
well said, but that is never factored in when people look at the stock charts - and I do not know why, but it just never is
While you're right, 2013 was an atypical year for Disney Stock as it had a meteoric rise. So even counting for inflation, you would only go back a few months on the chart. I played with the numbers yesterday, and if the stock dropped to $40, considering inflation, that would still land somewhere in 2011 values.
Disney has been floating their own stock around 85,- for years too, or instructing their stakeholders to do so.. which is corporate stock fraud on a global level.. this just leaked.. even though it's common in large business.. it speaks volumes on the fact that they have been dropping below 80,- for years, but hiding it from the public/investors.
I always think that when people talk about stock price.
I just hope Disney's failings can teach other companies to stay out of politics. It's so pointless to get involved.
As a child, I use to really loved the House of Mouse.
At grandparent age, I mistrust those that have grasped the reins to drive Walt's dream off a cliff
Ironically we actually studied old Disney as a case study in our MBA for how they successfully turned themselves around by focussing on quality pictures and then using that to drive attendance in their parks.
Good point about the parks, a new generation are growing not interested in Disney movies and this will have a knock on effect to the parks. Maybe already is.
That's not what irony means.
When things are this grim and terrible… and then you announce a Rey Skywalker movie, you are begging to absolutely fall into ruin
With great wokeness comes great brokeness.
Disney shareholders while loosing money "I miss the part where that's my problem"
At some point you have to wonder if they are tanking their price on purpose. What they are doing is literally insanity.
It's also worth noting for those unaware that Disney has their D23 conference going on this weekend and they're announcing upcoming plans. It's because those plans don't look that good that the stock is falling.
I am actually a little surprised that Gal Godot didn’t try to reign her in a bit. She has taken no heat for what’s been said even though she is there smiling and nodding at every silly statement.
I don't think Gal gives a shit. She's just taking the pay-check and going through the motions.
If you look around you will find that Gal Gadot can tell you ridiculous things too singing and in black and white.
"Imagine you're an actress
And a feminist, too
Spending your husband's billions
To fund movies to do
Imagine all the people
Pretending you're still hot"
Because its not the first time Gal has screwed up, and I think she is happy to let Zegler take the hate for once. Remember the “imagine there is no heaven” when old people were dying of covid.
Regarding the whole Gal Gadot song. I thought it was silly but the real anger though should be directed at the government, health officials, and of course The Chinese government. The average Chinese citizen is not to blame. You can heavily criticize a government but not it’s people.
The major shareholders are the ones pushing the message.
Oy Vey
No we’re not
What’s crazy is I never had been to Disney world or Disney land until two years ago when I had just turned 28. After being a fan of Disney content my entire life, now by far my favorite is their theme parks because they don’t have nearly the amount of nonsense their video productions and media interviews and promotions contain
Yeah, they are fairly contained. HOWEVER, they do have black Ariel and black Santa Claus during the holidays. They also took out "ladies and gentlemen" to be more "inclusive". They are also changing rides because of "problematic" parts of the ride. They even dismantled one of the best rides- Splash Mountain to appease the Burn Loot Murder crowd at the height of the riots. So they are more contained, but they are very, very much woke.
Bro, they have male greeters with beards in princess costumes
Oh gosh did they really? Good grief.@@VitotheKenobi
You've got to be kidding me@@jumhed994
It’s complicated. It’s relatively tame on the woke front compared to the movies, but they are slowly adding stuff to make it more woke. It’s subtle for the most part, but then they doing the fairy god father. You may not personally encounter it but a relatively small amount of it is there.
Comcast and Disney brought forward the Hulu buyout to Sept 30. Disney's falling stock price is freaking Iger out because it is going to make it even harder to find the cash in Jan instead. So they brought it forward just in case the price tanks even more come Jan. Also, Disney is doing another subscriber promo (this time for their ad-tier) to add more subscribers and ad buys for the next three months, with the hopes this would bump up the stock. They aren't pretending anymore they are in serious trouble.
I guess it would be a little hypocritical of me to boycott Disney movies while buying their public stock at a discount right now...
Itd be really stupid…
I would wait at until 2024 before considering buying any Disney Stock, because it’s going to drop even further after Q4 results
Wait longer.
Naah. It'll be fine. To quote a wise consumer of alcoholic beverages.
the parks are losing visitors. that was their cash cow for all the other failures. company is dead to alot of people and cant get back the brand. they do have plenty of IP and real estate thus wont go to zero but whats that worth?
Disney stock is currently still selling at 66x its yearly earnings. That is still extremely high. For those that don't know what that means, that means if Disney makes their exact same profit from this year every year from now on, it would take investors 66 years to turn a profit. The market is still betting on Disney to grow at this price. They were at a peak of over 100x earnings for a while, which is absolutely crazy. That is exploding tech start up levels of valuations where you expect 10x increases in revenue in a few years due to the company rapidly growing.
The side effects of medical Marijuana folks.
Kudos to the Critical Drinker for suggesting the lead actress for the live action Snow White flop-to-be has a personality. Probably the highest possible compliment she'll be getting from anyone not drinking the Kool-Aid.
She's very pretty but that attitude is what kills her.
I can’t wait for the sharks & orcas to toss her back! 😅
Why are her eyes so far apart?
Yes, and I am making a pretty profit out of their stupidity. I've been shorting them since they were at 92.
Wanna buy me some booze?
It's hilarious to hear them say things now that we've been saying for years as if it's some big revelation. Things they were spiteful and dismissive being told.
Disney trying to get out the hole they have dug for themselves -
Disney board of directors: "Hmmm, how are we gna get out of here?"
Bob Iger: "We'll dig our way out of here!" (releases more woke content)
Viewers : "No, no dig up stupid!"
I know that episode
cackling into my tea right now
They never realized that the customer has all the power when you kick them enough. So many "awesome" corporations are finding that out the hard way. So many other self appointed arbiters of culture need to go down in flames just like Disney.
@@muhdiversity7409 "self-appointed arbiters of culture"
Sounds like Twitter users.
Girl boss the way out.
Disney went from a stock of over 200 dollars per share over 10 years ago and now it is 80 dollars per share and that is the consequences of Bob Iger's stupidity and at this point I doubt Apple would even want to buy a dying company like Disney up.
Also Chris I think you are confusing save with destroy and just to let ya in on something and that is the Barbie's Director(Greta Gerwig) is a co-screen writer for Snow Brown and the 7 Checkbox Candidates and so her high is about to become an epic low in her filmmaking career.
Barbie was woke trash that they marketed well
@@Bignuke87 Yet people went to see it and so they did something right even if it is a deception(tho many have fallen for it).
I used to associate Disney, Marvel and Star Wars with must see movies now they are on my avoid at all costs list!
Metal: "I don't wanna see the Snow White live action remake. Ever"
Mauler, creepin' from behind, slowly putting a long hand on his shoulder: "Metal. I'm making you participate in a double viewing for EFAP Movies. You can't escape it, Metal."
Here is one more factor people forget about the share price tanking. With inflation being the worst it has been in 60 years it is even worse than it seems.
Wouldn't be surprised if Brie Larson's PR firm was coaching/encouraging Zegler's interviews. Snow White is such a classic and to see how it's being treated is beyond tragic. Seeing content creators take from this disaster is more entertaining than this movie will ever be.
30 year shareholder, Sold all my shares after Kenobi, nice profit 👌
This is largely due to their subscription streaming service. The time is well past that that is a good market to get into. As it is, movies are their secondary business. Their main business is selling merchandise with their logos and characters pictures.
Those sales are also tanking!
Ppl will stop buying if those ppl don't care about their ips anymore
I think it's prelude to a sale; part of a hostile takeover.
Changing their policy from quantity to quality won't work because they've forgotten what quality is. Remember, they've already claimed to be slowing down and re-prioritizing quality multiple times by now.. like 5 years ago after Solo flopped. They don't know why Asshoka isn't a win, they just don't get it.
Re Snow White, one of the things that gets me is that, while they're thinking of it as oh so modern and progressive, the kind of movie they want to make was already made over a decade ago. Snow White and the Huntsman had her be a warrior who romanced someone that was not a prince (he was a Duke's son). Come to think of it, in both versions the Evil Queen is played by an actress who is taller and more beautiful than Snow White's, lol. And the 7 dwarves were played by actors of average height (in SWatH they were CGI'ed to look small)- a casting choice that was controversial among little people the first time, so I don't know why Disney didn't expect that now.
They don't care about little people. They care about how they can use the movie to show how much more enlightened they have become (by erasing little people from the story).
While every other streaming service is consolidating, Disney decides it's a good time to spread theirs out. It's almost as if Bob Iger is intentionally sabotaging Disney.
Tax write-offs are great when you're making a profit and have tax bills large enough to write all this stuff off against. I can't imagine they're helping Disney that much right now, though.
Indeed, can't write off taxes if you pay no taxes to begin with
The Movie Cynic is positioned so perfectly I thought that was his arm lol
There were only two companies from my childhood in which I consider really understood how to deliver the “magical experience”, Nintendo and Disney. Now there’s only one left.
Thank God for people reacting the way they should and rejecting these movies instead of rewarding Disney with money for their trash.
snow white will bring them back,no worries.🤔
I imagine the fall of the magic kingdom looking a lot like the fall of Saigon, Mickey in a flak jacket hopping on the last chopper out, while goofy scrambles to an adjoining roof with two flares trying to flag it down.
I think the part I hate most is the potential Disney had with all their different universes and available stories, and yet they still somehow messed it up and turned amazing stories and characters into woke cardboard cutouts to tell some agenda from writers who live alone with 14 cats blaming the world for their problems
Please don’t blame the innocent cats for their lunacy & stupidity!
What I would like to know is, how did Snow white end up costing so much? After all, though there are two named actresses in this movie, neither are big price tag persons such as Sigourney Weaver or Taylor Swift. And as I ran through the movie in my mind, I had a very difficult time finding reasons for extensive CGI. What am I missing?
$1,000 a plate on-set catering? Resident masseurs? Daily per-diem allowances (either $74 or $182, it depends) for the entire cast and crew to waste on hookers and blow on top of their regular wages?
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They aren't trying to make more money.
And they're not trying to make high-quality art.
They want to program you and your children to blindly accept their messaging.
The people in charge want us to consume and never question what they're doing.
Nothing else.
I also think they're hyper-focused on maintaining their social credit score. No studio wants to be the first one to "de-wokify" so they're all stuck in a holding pattern until one company finally can't take the losses anymore and either goes bankrupt or changes. I will laugh my ass off if none of these clowns drop the woke thing and they all go out of business.
No, they just thought this politics was the wave of the future. It's a common screw up, you see politicians do it all the time. Something trends overwhelmingly on twitter, and people mistake it for real life.
But upvoting doesn't require money or effort. When it actually costs something, when you have to get up off your ass or spend your money on these noble ideas, the support dries up.
Bill Burr's bit on the WNBA. All these feminists that insisted on a women's professional basketball league. None of them go to the games. They want you to be a better person, not them. They raise awareness, in other words they don't do squat.
I don't do Disney at all. I don't watch Disney movies, I don't go to Disney theme parks, I avoid them and anybody else who wants to control my everyday life and dictate how I should think. I don't watch the news either.
I signed up for masterclass for about a month. One of the classes was, Bob Iger Teaches How to run a business. I think they'll have to change the title to, How to run a business into the ground
FYI, Disney's reported budget for the Willow TV series was $106 million (plus whatever marketing costs they had). A total waste of money.
I had a few grand to invest at the start of the year and disney was a literal laughing stock
If anyone has ever seen "Billion dollar movie", that first 10 minutes is what I see a Disney production as being in the past 3 years.
The big problem with doing a modern FF story is the relationship between Reed Richards and Sue Storm. Back in the 60s, nobody would bat an eye at a Professor having an affair with one of his grad students. Today that won't fly, and so they have to make Richards more "age appropriate" to be with Sue. And then there's this strange perverse idea that Richards has to be a working class kind of guy (yet with a PHD). In the comics, he was clearly wealthy. He owned the Baxter building. But, can't have an intelligent, moral rich guy in today's cinema. Would send the wrong message? Tony Stark was wealthy, but with lots of baggage and a drug addiction. Richards was as straight laced as they come.
Also he wasn’t against putting Sue in her place. SLAP! 👋 😮
@@bcm3938 Well, it was to break the mind control she was under. And besides, she was sporting a mullet. LOL
I watched MASH soooo much before my first deployment 😂😂😂😂 it definitely helped
I've always said, always maintained, that if you want to effect change, hit them where it hurts. In the wallet.
"I can't wait for you all to see how we'e interpreted this classic tale of a woman choosing her own destiny and fighting for the people she loves..." "It's not JUST a love story, although Snow White has PLENTY of love in her heart for HER story..." "Some women accept the hand they're dealt, and some women choose their own path and find allies along the way..." All of these describe the ORIGINAL Snow White and would have been perfect talking points.
There are SO MANY WAYS to talk about your project and keep it mysterious until premier. She's a franchise killer at this point. Un-castable. Enjoy touring theater, Rach. Disney should seal this one in the vault.
I think that most people believe that this fall is due to just bad decisions from the leadership. I believe that this fall is on purpose, the people that run Disney now hated Walt Disney, this I a way for them to destroy his legacy and his name driving the company to the ground
Walt Disney also hated the people who now run Disney because they wanted to completely control the film industry and tried to screw him.
Quite the evil little tribe.
The important fact is not that’s $80, but that it’s never been that low since 2013, almost the year the first avengers movie came out.
In other words, Disney is about to undo their successes of the past decade, which if you see any new Disney movie, makes sense.
Oregon resident here: The "seven magical Portland baristas" has me wheezing!
Disney+ is not going to include ESPN content, Disney is releasing a totally separate app for this which is rumoured to be at around $20 monthly for what is essentially only ESPN content.
They grew the share price through acquisitions, then they burned through those acquisitions. As a separate streaming service, ESPN might get 10 million subscribers. The business model mostly made sense in a cable bundle.
ESG is the biggest reason these companies are losing money. James Lindsay explains this well on his channel.
They were deep in debt before ESG. It was a requirement for investor capital, and it only accelerated their destruction overall.
Its poetic, at one point in time snow white saved disney now it shall be its end
The irony of Zegler shitting on the original Snow White movie is that Walt Disney risked everything to get that movie made. She wouldn't have been offered the role if it weren't for Walt Disney making that classic film.
Disney still has enough cash in the bank to easily survive... this.
Do they though? If they can't afford to complete their purchase of Hulu the end is coming. I guess we'll see
I promise you that Disney will not suffer any real consequences. As soon as they have even a millimeter of growth all the stock holders and investors are back to help them climb the ladder once more.
And if I'm wrong and Disney suffers some real consequences, then I would be very very happy indeed.@@TheQuickSilver101
@@TheQuickSilver101 yeah quick google search (the most accurate information :D) tells that disney has about 50 billion dollars debt atm.. so Im not sure they can just run it out
Nope. Can't afford Hulu even if they don't lose any of their pending arbitrations. Can't turn a net profit on any business center. Nobody to buy out, and no one willing to give an interest-free loan anymore.
Actually, Disney has enough cash on hand to make an “Indy film” or pay 10% of the Payment Due for HULU…
They really managed to ruin so much of the legacy IP. The streaming service was such a waste. But the money is already lost. They should just cut cost and the nutty staffing that wrecked all the crap. Gotta see if there is a financially feasible way to regroup to the company they were 20 years ago. They just have so many debts for now overvalued assets.
It's like watching a huge ship wreck. It's broken in 2. The other half is at the bottom of the ocean and the other is soon to follow and their attempt to fix it is to paddle in on a rowboat filled with aluminum foil.
You can tell when you've make a dog of a movie when pirate sites won't bother to steal it.
r/wallstreetbets has been meming Disney’s collapse financially for at least a year, it’s great
Puts on Disney
Nows a great time to back independant creators
Give it another 4 years and i'll be able to afford to buy Disney.
To think that the share price is held up by board members buying shares via their other companies that they sit in... and since before it dipping to 85 a share, how inflated is this share already? When - and it's no question of if - it collapses, 'cause with all that is going on otherwise, this will turn into a nothing burger that drags down more than one other. Thanks to monopolization it also will burn lot's of things that used to be their own once upon a time.
With their numbers (the numbers that matter anyway) dropping like panties in a sorority house, one can only wonder if Igor is deliberately trying to sabotage the Disney brand?
A day ticket at WDW cost $164 who can afford to attend the park, then Disney wonders why no one wants to go the the parks, this doesn’t include parking which is $35, or food costs. Genie plus is an extra $25 per day per person.
I’m so ecstatic to see Disney, finally suffering.
12:05 the problem with women like Ziegler is they’ve had the hot girl pass their whole lives, but now we’re supposed to go “looks don’t matter, nor does sexuality, race or anything” and of a sudden she doesn’t have the pass, so she’s just a crazy woman flipping everybody off! 😂
This and the BL situation is what happens when you shit on, preach at, and disrespect your core audience/customer base. Many would consider this karma at work.
Will the Disney Board EVER be held accountable for this? The Board: yeah, we're a penny stock, but we're a DIVERSE, INTERSECTIONAL, INCLUSIVE penny stock! With your money! Thank you.
God damn who would have expected Mootal of all people to be such and entertaining and insightful guest. Looks like our german boy is getting gud
Streaming Lord of Ring: Gollum left him a changed man
I would say this makes me sad... but Diz-nee hasn't been DISNEY for many years at this point. I feel only... disconnect.
I "mourned" that "loss" 10 years ago... maybe even a little more.
All Disney needs to do is Triple and Quadruple down. Everything super woke that requires doubling down always makes tons of money. Going in extra-hard is a good strategy. Let's see how it plays out for them, Cotton.
Who would've guessed this would ever happen, especially just a few years ago in 2019 when they released like 6 movies that made 1-2.7 bil at the box office each. I guess Endgame wrapping up the main Avengers' storylines and Rise of Skywalker being as bad as it was were signs of the end times... they really need to course correct fast for their own sake!
Course correct? They are half submerged after striking the mother of all icebergs years ago. There is no coming back, period. We would have to have seen or heard more about them making major changes a while back for this to even be a possibility.
Disney is a dead company/brand, period.
It's sad, one of the greatest companies of all time at story telling can't get a good script written!
The problem is that they think they are writing great scripts.
The scripts give you a window into their minds. They think that product is wonderful.
Rachel Zegler going down with Disney like the captain of the Titanic is rather fitting.
Snow White certainly isn''t gonna help matters
With regard to Majors, i just think Disney doesn't want a repeat of the Johnny Depp situation. That's why they have said and done nothing..."officially."
Charter/Spectrum just announced they were adding disney + to the line up of channels with NO ADDITIONAL CHARGE after fighting with them about rates....
This is corporate raider behavior- from within. My guess is Bob will get paid after Disney is parted out like an '89 Ford Tempo.
They've already made a modern Snow White: Enchanted.
I want Disney to fall. Simply because they're more useful as a terrifying example to other companies that "You are not immune to failure. Reject wokeness, reject ESG, or you will fall victim to something that destroyed a company far stronger than yours."
Disney is particularly good because if they fail, rather than recover, it's not a huge loss. Anime exists, and even if it didn't, fewer quality animation products in the world (when we have 100 years of good stuff) is hardly a huge problem.
Remember when eeeverybody was saying sony should just give their marvek characters back to disney even though they bought them fair and square? Yeah I remember that mob, turns out having a giant taling care of everything wasnt a good idea
I’ve been saying for decades that Disney has screwed up more good stories than anybody else. Consider The Hunchback of Notre Dame by Victor Hugo. That is one hell of a story. The ending will bring a grown man to tears. And yet Disney saw fit to stick in cutesy talking gargoyles? Please, Disney just stop.
Actually soooooo much bad news is cooked into DIS stock that there is a good possibility that the downside risk is limited at this point