patrick.net

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I ran an internet query and Disney appears to only release 3 movies this year, Inside Out 2, Moana 2 and another Lion King movie.

Moana 2 and Lion King are coming out later this summer.

Inside Out 2 has made about $1.01 billion worldwide since its release 10 June 2024 on a budget of $200 million. So I figure it has made a profit of at least $300 million so far.

https://www.boxofficemojo.com/year/world/2024/?ref+=bo_hm_yrww

Maybe Bob Iger (Disney's CEO) is cutting back on Woke movie releases and looking to recover a lot of lost earnings from the recent previous years.

I wonder if that means Disney had to lay off people in their movie sector or they have them working on Disney+ shows.

But it looks like Disney (with Bob Iger in charge) is no longer going to be losing hundreds of millions of dollars each year from its movie studios sector.

Disney stock price is around $98 and same price as it was in January 2015, and still with a very very high PE of 106 :-/

Iger has a lot of work to get Disney out of a major financial hole especially with a cooling economy.

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Guru Focus shows it is modestly undervalued. Its around $98 and Guru Focus values it around $113.

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I am going to have faith in Iger as far as at least doing enough damage control to improve Disney's profitability.

He has the credibility to force some longstanding reforms without having too much of a revolt by the Woke masses working in Disney's various segments like Disney Studios, etc.

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