I watched most of this earlier. It's fucking hilarious that they'll likely have to sell off anything of "value" (Lucasfilm, Marvel, and ABC) to pay off Hulu investors at an insanely inflated price if rumors are true.
LOL! Fuck you, woke faggots!!!! Douchebags try and lecture people in comments that Disney is worth $120B and can handle anything. When you try and explain liquidity problems (i.e. lack of cash on hand) due to an incessant stream of money losing failures across the board to these fucking morons, they call you racist.
I also find it hilarious that so many liberals are breathlessly defending a massive corporation just because they say the right things. They're fucking scummy hypocrites, the lot of them!
I don't know about that ... Disney owns all of their early ip from the golden age of animation, their groomer parks in Florida and California, Pixar, Lucasfilm, Marvel, ABC, ESPN, Hulu, Fox (not news ... But all of their IP like The Simpsons) ... And that's just the entities that came to mind almost immediately.
In clown world today, Disney currently has a market capitalization of $168B. I couldn't see them not getting around $100B for most of the crap I listed if they were to sell it off today ... there's still a LOT of demand for their garbage right now.
If people continue to wake up, then I could see all of their IP plummeting in value. I don't know how much longer people are going to want to pay for streaming services that offer little to no new programming. Video isn't like audio subscription services where one can play music in the background doing other things ... People get sick of watching the same crap over and over again.
Even Star Wars geeks are fleeing Disney+ since they're not offering anything new and their existing crap, especially the stuff made in the past decade, is mostly unwatchable. However, Disney has a long way to fall still ... Unfortunately.
I stand by my $12B net worth for Disney. For starters, the only thing that is really valuable are the theme parks, but they are all starting to fail as attendance is down while attendance is up at Universal theme parks. In addition, ESPN is losing in the ratings as the only reason to watch the channel is for live sports while there isn't any reason to watch ABC.
A major reason why Disney is in trouble is because of the dispute with Comcast over Hulu. Disney wants to merge Hulu with Disney Plus. To do so, they must buyout the portion owned by Comcast in 2024, but they don't have the money. The only argument they have is for Comcast to take a lower payment due to the existence of Peacock. Then again, all streaming is pretty much a money loser. The only companies that can afford to run a streamer are Apple and Amazon.
If LucasFilm is sold. Scrap every Star Wars project by Disney. Ignore the Disney sequels and make a new trilogy starring Luke Skywalker's son, with his father mentoring him.
From a business perspective, the only thing that actually makes sense, aside from the obvious "just make family friendly classic Disney films," is to justy stop making movies and focus on the parks. Of course they would mess it up by adding 3 new diversity rides and adding drag queen story hours at every park. Then they would look at the normal people shocked at why their parks are tanking too.
However, I can't help thinking that if they had simply played the Little Mermaid straight, and made a halfway decent Indy, they'd probably be headed towards a lot more than $200m in liquid assets by years end.
If they hadn't screwed with Indy in the first place, it would have been in theaters months ago and they'd already have the cash.
Only thing I doubt about this report is "the executives won't get their bonuses". Somehow it seems the top leadership always gets their bonuses even when they screw the pooch.. Feel some sympathy for the lower tier workers and the vendors who rely on Disney business. They'll be the ones who suffer.
How about if they hadn't screwed fans with Star Wars and the Marvel Universe. The only way episode 7 made bank is because people were starved for new Star Wars content. The other two sequel trilogy films made money because people wanted to see the complete saga. If they followed George Lucas's plot points and made a set of half-decent films, then Disney wouldn't be bleeding money. They also had to go ahead and acquire FOX and create the money losing Disney Plus.
I fail to see why an entity with over $8 BILLION in cash which just generated $1.9
billion in free cash flow in their last quarter and is in the midst of $5.5 billion in cost cuting is facing any "financial disaster" over having to buyout Comcast for $9 billion or because one $250 million movie has only earned $330 million so far, Some of you people are so desperate for anything good to happen you're believing absurd things.
It could be entirely possible that Disney is lying about their financials. They had a whistleblower that worked in accounting a while back, and this was when Disney was in much better financial condition.
I watched most of this earlier. It's fucking hilarious that they'll likely have to sell off anything of "value" (Lucasfilm, Marvel, and ABC) to pay off Hulu investors at an insanely inflated price if rumors are true.
LOL! Fuck you, woke faggots!!!! Douchebags try and lecture people in comments that Disney is worth $120B and can handle anything. When you try and explain liquidity problems (i.e. lack of cash on hand) due to an incessant stream of money losing failures across the board to these fucking morons, they call you racist.
I also find it hilarious that so many liberals are breathlessly defending a massive corporation just because they say the right things. They're fucking scummy hypocrites, the lot of them!
Disney isn't worth much, maybe $12B at most.
I don't know about that ... Disney owns all of their early ip from the golden age of animation, their groomer parks in Florida and California, Pixar, Lucasfilm, Marvel, ABC, ESPN, Hulu, Fox (not news ... But all of their IP like The Simpsons) ... And that's just the entities that came to mind almost immediately.
In clown world today, Disney currently has a market capitalization of $168B. I couldn't see them not getting around $100B for most of the crap I listed if they were to sell it off today ... there's still a LOT of demand for their garbage right now.
If people continue to wake up, then I could see all of their IP plummeting in value. I don't know how much longer people are going to want to pay for streaming services that offer little to no new programming. Video isn't like audio subscription services where one can play music in the background doing other things ... People get sick of watching the same crap over and over again.
Even Star Wars geeks are fleeing Disney+ since they're not offering anything new and their existing crap, especially the stuff made in the past decade, is mostly unwatchable. However, Disney has a long way to fall still ... Unfortunately.
I stand by my $12B net worth for Disney. For starters, the only thing that is really valuable are the theme parks, but they are all starting to fail as attendance is down while attendance is up at Universal theme parks. In addition, ESPN is losing in the ratings as the only reason to watch the channel is for live sports while there isn't any reason to watch ABC.
A major reason why Disney is in trouble is because of the dispute with Comcast over Hulu. Disney wants to merge Hulu with Disney Plus. To do so, they must buyout the portion owned by Comcast in 2024, but they don't have the money. The only argument they have is for Comcast to take a lower payment due to the existence of Peacock. Then again, all streaming is pretty much a money loser. The only companies that can afford to run a streamer are Apple and Amazon.
If LucasFilm is sold. Scrap every Star Wars project by Disney. Ignore the Disney sequels and make a new trilogy starring Luke Skywalker's son, with his father mentoring him.
???
I'll be too busy fishing and surfing with my sons.
Start with ABC News and ESPN.
EO 13818
https://www.federalregister.gov/documents/2017/12/26/2017-27925/blocking-the-property-of-persons-involved-in-serious-human-rights-abuse-or-corruption
From a business perspective, the only thing that actually makes sense, aside from the obvious "just make family friendly classic Disney films," is to justy stop making movies and focus on the parks. Of course they would mess it up by adding 3 new diversity rides and adding drag queen story hours at every park. Then they would look at the normal people shocked at why their parks are tanking too.
New dildo seats on roller coasters!
Please, George Lucas, buy back the rights to Star Wars and complete the saga the way you originally intended!
Don't know if this is true or not.
However, I can't help thinking that if they had simply played the Little Mermaid straight, and made a halfway decent Indy, they'd probably be headed towards a lot more than $200m in liquid assets by years end.
If they hadn't screwed with Indy in the first place, it would have been in theaters months ago and they'd already have the cash.
Only thing I doubt about this report is "the executives won't get their bonuses". Somehow it seems the top leadership always gets their bonuses even when they screw the pooch.. Feel some sympathy for the lower tier workers and the vendors who rely on Disney business. They'll be the ones who suffer.
How about if they hadn't screwed fans with Star Wars and the Marvel Universe. The only way episode 7 made bank is because people were starved for new Star Wars content. The other two sequel trilogy films made money because people wanted to see the complete saga. If they followed George Lucas's plot points and made a set of half-decent films, then Disney wouldn't be bleeding money. They also had to go ahead and acquire FOX and create the money losing Disney Plus.
I fail to see why an entity with over $8 BILLION in cash which just generated $1.9 billion in free cash flow in their last quarter and is in the midst of $5.5 billion in cost cuting is facing any "financial disaster" over having to buyout Comcast for $9 billion or because one $250 million movie has only earned $330 million so far, Some of you people are so desperate for anything good to happen you're believing absurd things.
It could be entirely possible that Disney is lying about their financials. They had a whistleblower that worked in accounting a while back, and this was when Disney was in much better financial condition.
Boo-fuckin-hoo.