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Disney stock plummets 12% after earnings miss: 'Yeah, too much fag and woke shit,' admitted the disgruntled CEO.


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2022 Nov 9, 10:47am   26,395 views  189 comments

by Al_Sharpton_for_President   ➕follow (6)   💰tip   ignore  

Disney (DIS) stock plummeted on Wednesday after the media giant reported fourth-quarter earnings results that missed expectations across the board, with the exception of subscriber net additions.

https://finance.yahoo.com/news/disney-stock-plummets-after-earnings-miss-174514502.html



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117   richwicks   2023 Aug 20, 9:53pm  

ad says

I don't see it getting bought out as even Apple would view it as too much a risk, even if there were grandiose plans to improve or reform the remains of Disney.


Disney is huge. They'll be purchased by one of the major other networks.

5 companies control all of our "reliable sources" of supposed information. People recognize it's no longer information anymore, and in time, they'll recognize the establishment only produces social propaganda for "entertainment". I actually think the mainstays of television and film are dead men walking. It's just a matter of people figuring it out.

Watching television or even a film, when have you ever finished one, and felt BETTER for doing it?
118   AD   2023 Aug 20, 10:07pm  

richwicks says

Watching television or even a film, when have you ever finished one, and felt BETTER for doing it?


I tolerate the utopia-programming of Star Trek when I watch the Star Trek channel on Pluto TV, which for me is one of the best free streaming service, besides Tubi, FreeVee, and Roku.

I rather not pay for Disney+ streaming app or service. I'd watch it for free if it had ads.

As far as mainstays of television and film, they already have been replaced by streaming services like Pluto TV.

But the parent companies such as of CBS own the streaming services, as they had the vision to realize the future popularity of streaming.

CBS's parent owns Pluto TV.

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119   richwicks   2023 Aug 20, 10:16pm  

ad says


But the parent companies such as of CBS own the streaming services, as they had the vision to realize the future popularity of streaming.

CBS's parent owns Pluto TV.


I'm going to be blunt, the future of media is piracy, and eventually this will destroy the industry, and as far as I'm concerned, that will be a good thing.

You're only going to pay for early access, if you want that, and after a point, you won't.

There's 100 years of radio, about the same for television and film, 1000's of years for books that can easily be re-written to be updated to modern sensibilities.

Here:

https://samoyed.dynu.net/~public/MindWebs/

That's all pretty much public domain. I have the permission of the rights owner to publish that, so do you. Enjoy a bunch of classic science fiction from the 1930's to 1960's done in radio format from 1975-1984. Eventually all fiction will become worthless, we're close to that point NOW. Soon, all we'll be given is propaganda, and reality. If you go up one directory, the entire series is in a zip format and you can get it all at once. About 1/3rd of the stories are awful, 1/3rd are OK, and 1/3rd are excellent in my opinion, somebody two stories are included in one episode.

Video games is a new genre they are working on still, but even those will die, they get boring quickly. Social media, they're trying META with that, I don't think that will work, VR isn't what people want although they think they do. You can get full 3d porn if you like. It's niche.

We're going to start recording history instead of fiction and really, true history, true reality, is far more interesting than fiction. You can learn something from it, you can't take any lessons from fiction.
120   AD   2023 Aug 20, 10:32pm  

richwicks says

You're only going to pay for early access, if you want that, and after a point, you won't.


True, as subscribers are paying for Apple TV, Disney+, Amazon Prime, etc for new content that is refreshingly exciting. That puts pressure on these streaming services to come up with new content that will continue to drive profit growth.

Yes, as far as content being stolen or pirated. I guess there are pirate websites that would show re-runs of I Love Lucy, etc.

/
121   richwicks   2023 Aug 20, 11:59pm  

ad says


Yes, as far as content being stolen or pirated. I guess there are pirate websites that would show re-runs of I Love Lucy, etc.


No. There are pirate sites that use the arbitrage in time to present content before it's available in other time zones. In some nations, content simply isn't available in that locale, so that's used as it's the only option. You can use VPN to mask what you are doing although I'm certain the VPN sites are run by intelligence as well, it's like $1.00 a month - how do you make money off from that? I expect they don't make any money.

This was interesting and exciting 20 years ago. The problem is... Who cares today?

I can literally get almost anything online, but there's not much worth getting. I used to delight in resurrecting obscure films that were once seminal but were forgotten. I have Momotaro's Divine Sea Warriors, a pro Japanese WWII film directed at Japanese children. I have Ikarie XB-1, that was Soviet propaganda of the wonders of communism. It's ALL propaganda, American included. Did you know military recruitment went up after Top Gun? It was an advertisement, not a movie.

The only thing that is really interesting is information, and that's demonetized, it's produced by people who don't give a fuck, and are dedicated to producing information. You don't have to jump through hoops to get that, they want it shared and listened to. You can tell you're watching propaganda if there's commercials or advertisements in it, and especially if you cannot comment on it or are being censored on it, particularly if you're being shadowbanned.

I'm 10-15 years ahead of the rest of mainstream society in terms of technology - that's not me just bragging, I just know how to make use of this stuff, and although you may never learn to use it, your kids will.

Entertainment will be dead soon enough.

We're kind of in the age where Copernicus was trying to convince the authorities the world revolved around the sun, not because he was a heretic, but because it was true. There's a lot of people like that about far simpler things, like why a war was started, that a politician told a horrific lie that is getting people killed, or some pharma rep in a regulatory agency lied that has unknown effects. There's a lot of voices here, but not on Facebook, Twitter, or YouTube. The expulsion of these people allows me to see who is worth paying attention to, and who isn't.

We're in 1984 now, you can read the book to see the echos of it, but just open your eyes. "The vaccine is safe and effective" - is that your personal experience? That was fiction, reality is more interesting. I'm no longer perplexed how Germany rounded up homosexuals, atheists, Gypsies, and Jews. I was for a long time, just repeat over and over again in the propaganda matrix that they are a threat.

See you in the Gulags! Or maybe not, but in time I'll be there.
122   AD   2023 Aug 21, 9:17am  

richwicks says

There are pirate sites that use the arbitrage in time to present content before it's available in other time zones.


What are you talking about ? You mean someone on the east coast films a show at 8 PM local time and then posts it on the cloud and makes it available to someone on the west coast ?

This is predicated on the film being broadcast at 8 PM locally in each time zone ?

.
123   AD   2023 Aug 21, 9:18am  

richwicks says

The only thing that is really interesting is information, and that's demonetized, it's produced by people who don't give a fuck, and are dedicated to producing information


One example of that is with that local newspaper office that was raided in Missouri.

I remember reading a quote from a local restaurant owner who said that news should only be around for reporting "positive news".

That tells me the "local good ole boys" and "establishment" expect the local news to be a public relations firm for them.

,
125   richwicks   2023 Aug 21, 5:30pm  

ad says


What are you talking about ? You mean someone on the east coast films a show at 8 PM local time and then posts it on the cloud and makes it available to someone on the west coast ?


Yes.

There are people absolutely dedicated to piracy. There's a competition between people "to post first".

ad says


This is predicated on the film being broadcast at 8 PM locally in each time zone ?


Films that haven't even been shown in theaters yet have been leaked online.

It's weird. It's some sort of revolt going on, where people undermine the companies they work for.

I'm not kidding when I tell you I can find just about anything, just most things aren't worth finding. I don't find any reason to watch fiction anymore. I don't feel better after watching it, I've not learned anything from watching it, and all I'm doing through the entire thing is finding plot holes - that's my only pleasure in it.

There are films with no plotholes, but today, extremely rare. The current writers suck.
126   richwicks   2023 Aug 21, 5:35pm  

ad says

That tells me the "local good ole boys" and "establishment" expect the local news to be a public relations firm for them.


That's precisely what it is. Our news is propaganda, and Edward Bernays who created the term "public relations" used that term because the term "propaganda" had fallen out of favor.

Only independent people produce information, everything on television, everything in "reliable sources" is propaganda.
127   Patrick   2023 Aug 21, 5:37pm  

richwicks says

It's some sort of revolt going on, where people undermine the companies they work for.


Good idea for non-violent resistance!

I especially hope that employees at Pfizer and Moderna will do that.
128   HeadSet   2023 Aug 21, 7:24pm  

Patrick says

I especially hope that employees at Pfizer and Moderna will do that.

Why would they? After all, those employees were exempt from having to take the jab.
129   Patrick   2023 Aug 21, 7:56pm  

Maybe desire to do something good with their lives for a change would motivate them.
130   HeadSet   2023 Aug 22, 6:26am  

Patrick says

Maybe desire to do something good with their lives for a change would motivate them.

Maybe some will get what I call a "mirror moment" where some event causes one to see themselves as they truly are, but most will be subject to that 1st Law of Patrickdynamics - It is impossible to get a man to understand something when his paycheck depends on not understanding that something.
132   AD   2023 Aug 23, 9:53am  

"The DeSantis-appointed board members said the millions of dollars in season passes as well as discounts on hotels, merchandise, food and beverages provided by their predecessors to governing districts employees tantamounted to unethical benefits and perks, Fortune reported, citing the complaint."

"Unethical benefits and perks" is a mental gymnastics or legal -weasel-worded explanation of what a fair and reasonable judge would describe as an intent to engage in a quid pro quo relationship, or bribes.
134   HeadSet   2023 Sep 18, 5:59am  

ad says

"Unethical benefits and perks" is a mental gymnastics or legal -weasel-worded explanation of what a fair and reasonable judge would describe as an intent to engage in a quid pro quo relationship, or bribes.

Yes, because "unethical" is an opinion, while "bribe" is legal term that cause the user to be sued for slander or libel.
135   Patrick   2023 Oct 10, 11:07am  

https://www.coffeeandcovid.com/p/spasms-tuesday-october-10-2023-c


ZeroHedge ran a delightful article yesterday, headlined “Desperate Disneyland Slashes Children's Ticket Prices By More Than 50%.”

I grew up in Florida. For my whole life, it was well known that Disney didn’t discount admission prices, apart from a small break offered to Florida residents during the hot, low-attendance summer months. Not discounting was part of the brand.

I guess those days are over now.

Now, after tangling with Governor DeSantis about what is properly characterized as Disney’s pro-grooming position, and probably eying an increasingly gloomy economic forecast, Disney has announced a half-off fire sale for kids’ tickets at its California location.

The Epoch Times, which also reported on the story, suggested that the discounts won’t be enough to get conservative parents back in the park. One recent Disneyland visitor told the Epoch Times, "I just don’t think we’ll be taking our kids back any time soon, especially after their new movie basically makes God into the bad guy.” (They were referring to Disney’s latest Pixar blockbuster, Wish.)

It seems like nothing’s been going Disney’s way since they picked that political fight with Florida in 2021 and lost their special tax benefits. ...

The Disney news is even bleaker than when Woody and Buzz got knocked out the window of Andy's moving truck and watched it drive away. Sayeth Bloomberg:

— “Disney+ has lost the company more than $2 billion so far this year and is bleeding subscribers as it tries to raise prices.”

— “Disney (is) worth $160 billion—less than half what it had been (worth) when (Iger) left in 2021.”

— The “movie division is suffering from a string of box-office bombs that call into question its most prized franchises.”

— “Even Disney World in Florida is reporting lower attendance. Iger blamed the humidity.” Hunga Tonga!

— A “current Disney executive close to Iger” explained, “the house is on fire.”

Get woke, go broke!
136   Eric Holder   2023 Oct 10, 12:42pm  

Patrick says

I grew up in Florida. For my whole life, it was well known that Disney didn’t discount admission prices, apart from a small break offered to Florida residents during the hot, low-attendance summer months. Not discounting was part of the brand.


Wasn't there some kind of "locals pass" in Disneyland?
139   Patrick   2023 Oct 28, 1:50pm  

https://www.coffeeandcovid.com/p/little-victories-saturday-october


Finally, has wokeness finally jumped the shark? To fully enjoy this recent South Park clip, recall that, when Disney bought the Star Wars franchise, Disney executive Kathleen Kennedy was put in charge of all development. She made lots of changes. She added female characters that were, um, specifically selected to be not “for the male gaze,” and they were not, in fact, for the male gaze (it’s arguable whether they were for the female gaze either), she deleted long-standing beloved male characters because they were “too masculine,” and she humiliated male characters who survived the purge in a scriptwriting holocaust of reckless character assassination.

With that context, enjoy South Park’s ineffable Erik Cartman sending up Disney, hard:


141   Booger   2023 Nov 7, 4:44pm  

https://rumble.com/v3ublw7-disney-has-its-darkest-most-vile-secret-revealed-youll-never-look-at-disney.html

Disney Has It's DARKEST Most VILE Secret Revealed! You'll Never Look At Disney Theme Parks The Same
142   zzyzzx   2023 Nov 8, 6:46am  

https://www.yahoo.com/entertainment/poop-hallway-disney-absurd-trend-173018123.html

‘The Poop Hallway’: Disney’s Absurd New Trend Of Defecating In Ride Lines

The latest trend at Disney Parks is quite... disturbing as many are deciding to defecate in the middle of ride lines.

According to Guests who, unfortunately, witnessed the bizarre act, are taking to social media to share the incidents at hand.

Twice in the last month, Disney Parks Guests have taken to social media to share the disgusting sights that they witnessed in ride lines at Disney World in Orlando, Florida and Disneyland in Anaheim, California.

“I am in the queue for [Rise of the Resistance at Disney World] – someone let their kid take a dump on the floor and then they just walked out and left it- WTF?” wrote one posted on Reddit.

Many thought that perhaps this user was just sharing this insane story for publicity and for attention, however, it is actually true.

“For the skeptics… this actually happened. Fun fact: this was one of 3 shitt-related incidents at Rise today. Less fun fact: I was here for all 3 of them,” one user responded.

This was not the only Reddit thread to mention defecation inside a ride line. At Disney's Animal Kingdom in Walt Disney World, a Guest shared that Disney Cast Members have dubbed a section of Flight of Passage's ride line the "poop hall", due to the number of people who someone going have gone to the bathroom there.

In the book, “Cleaning the Kingdom: Insider Tales of Keeping Walt’s Dream Spotless," two former Disneyland custodial team workers confirmed this disgusting act happens extremely often, even making up a code -- "Human Code H.”

A Code H originally meant that a custodial worker needed to clean up after one of the Disney horses pulling the vehicles down Main Street, U.S.A., however, the term was quickly modified to not only reference horses but also humans.

“There’s a pair of individual-use restrooms just backstage from the north unload,” one of the Disney Cast Members wrote in the book, according to SFGate. “It was mainly for cast members, but guests could and did use it. A woman who did not know this burst into the control room for the attraction and deposited her gift right there. ... It must have been challenging for the ride operator to stay at their post in there before it was all cleaned up!”

This should go without saying, but if you have to go while waiting in line for a ride, please leave the queue. We understand some of these rides have notoriously long waits, and actually, some of the queues -- like Flight of Passage -- actually have a restroom mid-queue.
143   AD   2023 Nov 8, 9:41am  

somewhat Woke-programming as far as girl power theme: https://en.wikipedia.org/wiki/The_Marvels

it has a budget of about $275 million ! ! !

how can it cost that much to produce a movie ? how many non-actors are working on this movie and for how long and for what hourly wage ?

I doubt this movie will make $500 million in order to break even or make a small profit. This is just another one of Disney's Marvel cookie-cutter movies.

Examine lifetime gross sales for Disney movies and you will understand why Disney is net negative earnings:

https://www.boxofficemojo.com/brand/bn3732077058/?sort=releaseDate&ref=bo_bn__resort#table

I think Disney's ABC, ESPN, and movie enterprises are just some jobs program for the Left. At least Left wing employers like Google and Facebook are profitable.

Its like Disney has been taken over by Marxists who do not care about making money and only care about producing Woke content.

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144   komputodo   2023 Nov 8, 1:18pm  

ad says

Its like Disney has been taken over by Marxists who do not care about making money and only care about producing Woke content.

Heres an idea for a script writer....It's solid gold...A remake of Alex Haley's ROOTS. But this time the blacks are the slaveowners and the whites are the slaves...white women will love fantasizing about being raped by their owners. Guilt ridden beta males will relate to being the oppressed. Jussie could get a job in the cast. What's not to like? `
145   AD   2023 Nov 8, 7:26pm  

komputodo says

ad says

Its like Disney has been taken over by Marxists who do not care about making money and only care about producing Woke content.

Heres an idea for a script writer....It's solid gold...A remake of Alex Haley's ROOTS. But this time the blacks are the slaveowners and the whites are the slaves...white women will love fantasizing about being raped by their owners. Guilt ridden beta males will relate to being the oppressed. Jussie could get a job in the cast. What's not to like? `


Like an alternate-universe movie version of Mandingo ?

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146   AD   2023 Nov 11, 1:02pm  

ad says

somewhat Woke-programming as far as girl power theme: https://en.wikipedia.org/wiki/The_Marvels

it has a budget of about $275 million ! ! !


Looks like The Marvels is going to be another Disney flop : https://www.showbiz411.com/2023/11/11/marvel-studios-has-its-lowest-opening-day-ever-with-the-marvels-breaking-a-record-it-didnt-want

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147   AD   2023 Nov 11, 1:24pm  

.

What is interesting is that Disney has been an "experience economy" provider since the 1930's.

Going back to the 1970s as a kid, watching Star Wars on the big screen was an immersive and memorable experience. And watching Battlestar Gallatica on Sunday nights.

Then came Raiders of the Lost Ark, and then late 1980s watching Star Trek Next Generation and being enthralled by Data and Worf.

Read more about how to sustain an "immersive experience", or "an experience (or memorable) economy" venue :

https://www.axios.com/2023/11/11/immersive-experience-sphere-las-vegas-sleep-no-more-van-gogh

.
148   AD   2023 Nov 14, 9:48pm  

.

Even CNN is stating Disney's Marvel movies are consistently losing money

https://www.cnn.com/2023/11/13/media/marvel-movies-reliable-sources/index.html

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151   Patrick   2023 Nov 27, 2:31pm  

https://www.coffeeandcovid.com/p/pricey-patty-monday-november-27-2023


Turley’s op-ed opens with Disney’s recently-filed annual SEC financial report. It was a stinker. But what most caught Turley’s eye was the report’s admission that — guess what? — messing about in controversy and politics might be hurting the company’s bottom line. The report wordily acknowledged that:

“We face risks relating to misalignment with public and consumer tastes and preferences for entertainment, travel and consumer products. Consumers’ perceptions of our position on matters of public interest, including our efforts to achieve certain of our environmental and social goals, often differ widely and present risks to our reputation and brands.”
Eureka! The geniuses at Disney discovered the long-lost concept of misalignment with customers. (And what would they do without euphemisms?) But seriously, why on Earth would any allegedly capitalist company set “environmental and social goals” that are misaligned with their customers? If directors know the ESG goals are misaligned with customers, but do them anyways, should shareholders get to sue the directors for sabotaging the company’s share price?

Add those to the list of unanswerable rhetorical questions.

Ultimately, citing article from last year, Turley suggested that Disney’s CEO Bob Iger might finally be trying to scale back a little on the woke politics. But I don’t think so. Or if he is, it’s only a little. Headline from last week:




Is it just me? Or did South Park just run an episode about this same exact thing?




It’s really too bad Disney can’t fire its customers and get new, woker ones aligned with its ESG goals. On a more serious note, this kind of story is what sometimes makes me think that a little depression might actually be good for this country. These companies must be swimming in so much money it makes them think they can ignore customer preferences. ...

Either way, now is the time for all of us to triple-down on Disney. Cancel everything! Let’s have an anti-Disney Christmas. Wouldn’t that be nice?
152   AD   2023 Nov 27, 4:34pm  

Patrick says

Turley’s op-ed opens with Disney’s recently-filed annual SEC financial report. It was a stinker. But what most caught Turley’s eye was the report’s admission that — guess what? — messing about in controversy and politics might be hurting the company’s bottom line. The report wordily acknowledged that:


The Marvels has recently been released and has made about $189 million worldwide (https://www.boxofficemojo.com/release/rl247366145)

Its "girl power"- type movie.

The Marvels gross budget was $275 million.

Figure about 60% of ticket sales goes to Disney so worldwide the movie needs about $458 million from ticket sales. It only has $189 million after being released on November 10, and I don't see it reaching even $300 million at the end of next January.

So Disney likely will lose at least $100 million from The Marvels.

Disney has already project to lose $1 billion for its movie business for 2023 as of August 2023 as per this article: https://www.forbes.com/sites/carolinereid/2023/08/04/the-four-flops-of-2023-that-cost-disney-1-billion/

And I don't think the movies are good advertisement (or investment for that matter) as far as bringing more people to buy Disney products and services like going to their amusement parks.

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154   Patrick   2023 Nov 27, 7:52pm  

https://www.breitbart.com/entertainment/2023/11/27/nolte-looking-back-at-disneys-year-of-flops/


Disney on Track to Lose Nearly $750 Million Across 13 Films in Historic Year of Box-Office Flops
155   AD   2023 Nov 27, 7:56pm  

And Disney's animation movie Wish came out this Thanksgiving holiday with a budget of $200 million.

It does not seem to have as much of a woke agenda, and has ticket sales of about $49 million worldwide. Its going to need about $350 million in ticket sales to break even, and I doubt it will.

Twenty years ago I would not have ever though that Disney was going to lose at least a $1 billion a year due to its movie business.

The CNBC article brings up that essentially the Disney streaming service is serving as a replacement to going to the movies.

Disney is shooting itself in the foot because new animation movies are just not enough to get people to the theaters.

A blockbuster new Star Wars movie would likely get people to theaters.

https://www.cnbc.com/2023/11/27/disney-wish-disappoints-thanksgiving-box-office.html

https://www.boxofficemojo.com/title/tt11304740/

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