"You no worry Disney. I own you!"
Posted on 05/05/2020 9:29:26 AM PDT by C19fan
Walt Disney Co is set to reveal its first assessment of the damage the coronavirus has wreaked on Disney's global business when the company releases it quarterly earnings today. Wall Street will assess the level of damage when chief executive Bob Chapek and executive chairman Bob Iger deliver the company's fiscal second-quarter financial report on Tuesday afternoon. Overall, analysts expect Disney to report earnings per share of 89 cents, down 45 percent from $1.61 a year earlier. The earnings report will be the first outing in front of Wall Street for Chapek - the former parks chief who took on the chief executive job in February just as the pandemic started spreading globally. Chapek took on the new role as Iger stepped down to become executive chairman. Executives will face analysts looking for answers on how they plan to navigate out of the unprecedented global crisis.
(Excerpt) Read more at dailymail.co.uk ...
Even
Karma for going all in for the homosexuals
Lol.
Well, they can raise their ticket prices to, what, $500 a day? $750?
“If even George Lucas won’t try to cash in on it, you know it’s bad.” TMM, re: Star Wars Holiday Special on Allspark forums
I’m certain they’ll be back to full capacity by Gay Days.
Can you even get a butchered version of Song of the South? Years ago when my daughters we children I tried to obtain a video tape - no where to be found. Just like history being erased by all progressives.
Hahahahaaaa!
It’s sickening how they demonize completely benign, innocent movies.
Wrought is the word she was looking for. English proficiency should be a requirement for journalists. At least since honesty and integrity are not.
I would buy the stock if it’s cheap enough. But over $100, I don’t think so. Maybe at $50. It’s a brand and everyone wants to go to Disneyworld, it will happen in either 2021 or 2022.
If they’re still in the positive in this that’s pretty good. And I don’t think Apple can afford Disney. Other way around maybe.
Closer to twice that. $185 billion as of today. They could buy Comcast for less money, giving them new means of access to consumers via phone, cable, and ISPs and pick up NBC Universal, with its production capabilities and theme parks in the deal.
“Quick, release more Baby Yoda shows. Put Baby Yoda into EVERY show, I don’t give a crap if they’re not in the Star Wars universe!!!” - Bob Iger, 2020 (probably)
Not that hard to find. If you don't mind it being chopped into ten minute chunks, the whole thing is on Youtube.
It’s sickening how they demonize completely benign, innocent movies.
I agree. I haven’t seen the movie in many years, however, my recollection is that the Uncle Remus character was a kindly old man, not in any way a stereotype of a shiftless black man. He told stories which impressed the white children and taught them certain life lessons through storytelling. Why is his character offensive?
Song of the South also has a place in film history, in terms of the mixture of animation and live action, which was very difficult to accomplish with 1940s era technology.
But none of that matters. The idiots who run Disney feel the need to be politically correct, and embargo one of their own most historic movies.
I ordered the original VHS on eBay from Europe and a local digital conversion business formatted it to the US format.
I agree, I would buy it also.
Last I remember, the rights to it were purchased by Bill Cosby who hen immediately removed it from US distribution for all time.
"You no worry Disney. I own you!"
Over 35% of Disney's revenue comes from the theme parks. Those are closed, and decisions by the Disney brass to appeal to wine moms, "Instagram influencers," and the woke crowd have not gone over well. Price increases have gone to "ludicrous speed." While the parks are closed, they're updating their menus at their restaurants. A hamburger is $19. A custom light saber is $200.
I still don't think their movie sales are legit. Disney does serious shenanigans with their bookkeeping, like all movie studios, and I think some of their billion dollar blockbusters are due to Disney buying tickets to their own shows online (for the first three weeks, Disney gets something like 90% of ticket sales on their big movies, so they can buy $100 worth of tickets for $10 after they get their share back. So, the Aladdin remake made a billion dollars? How come every billion dollar movie until last year was all over social media with memes, quotes and references? Heard ANYTHING about Will Smith's genie? I'm telling you, they bought their own tickets online to boost the perception of ticket sales.
They've been sucking up to China, and there's about to be, at best, a Cold War. Mulan is not going to be released anytime soon, and it won't make money in the states. Nobody in the US wants to see something about Noble China right now.
Y'know how everybody talks about them spending $5 billion on Star Wars? They spent over $50 billion on FOX. What did they get? The Simpsons is 15 years past it's prime. They got old movies. They took on a butt load of debt for that acquisition. Since the parks closed, they've already borrowed billions to finance debt and operating expenses.
The next phase of Marvel with Captain Marvel, Lady Thor, lesbian valkyries, and Spider-man being a SIMP is not going to sell, and they just hired Harvey Weinstein's personal assistant just signed on to make a feminist Star Wars trilogy.
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