Posted on 11/18/2022 2:12:40 PM PST by NeverCheney
Disney’s Q4 earnings report saw the company take some major wins (like 12.1 million subscribers new to Disney+) but also some major losses — including a $1.5 billion loss of DTC, a revenue total ($20.15 billion with earnings of 37 cents per share) that fell short of Wall Street’s projections, and shares that fell 7%, the lowest in two years. In the wake of those earnings, CNBC “Mad Money” host Jim Cramer has a fairly radical suggestion for the corporation — get rid of CEO Bob Chapek.
“Disney, they have ESPN. If we were on ESPN, we would say he’s got to be fired. That’s pretty cut and dry,” Cramer said on CNBC’s business news program “Squawk Box” Wednesday morning. “The losses here are just mind-boggling. When you’re going over the quarter, it’s stunning.”
(Excerpt) Read more at indiewire.com ...
Same could be said for Cramer
Jim Cramer should be fired. Cramer pimped FTX and SBF. Cramer is an ass clown that has hurt many ignorant people to followed his advice. I wonder how much Cramer got paid by SBF.
Jim Cramer should not have a job regardless of what he says here. On another clip he was just arguing not too long ago with another idiot if Sam Bankman-Fried is the new JP Morgan or Dale Carnegie.
I would normally agree, except that goes against the Inverse-Cramer ETF.
I hope cramer invested his life savings in ftx
Pluto just came out as gay and was caught smelling another male dog’s behind as they were going around in circles.
The Buy Buy Buy guy also needs to go Bye...
[Sam Bankman-Fried is the new JP Morgan or Dale Carnegie.]
BUY BEAR STEARNS!!!
BUY FTX!!!
Go easy on Pluto the dog he hasn’t been the same since his namesake Pluto the planet got demoted to dwarf planet status!
Disney+ big price hike coming. Been wanting to dump that package for a while, now I have enough incentive. Cancelled it 2 days ago.
Cramer KNOWS about needing to be fired.
I disagree. Just do the opposite of everything he says.
Which divisions are losing the most? ESPN probably has some outrageously expensive long term contracts, but relies on cable revenue which is plummeting. The cable and satellite companies wouldn’t go a la carte, so the customers are dumping them and buying channels individually. Sucks to have long term expenses but only short term income.
When has he been right about anything?
Fortunately, I've never listened to him.
I disagree. Just do the opposite of everything he says.
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If you took the opposite of my weekly NCAA football bets you’d be a wealthy man.
If you could somehow bet that I pick the wrong woman, you’d make money...
Yeah, I remember Cramer yelling “DON’T SELL BEAR!!”
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