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I don't know Rich. I am going through Disney financials like assets and don't see where they are being propped up by government funding.
https://en.wikipedia.org/wiki/Ad_Council
the "government" bought 1 billion dollars worth of digital copies of Dizzey films
Two top c-suite executives have recently fled the mega-entertainment giant: CFO Christine McCarthy, and Latondra Newton, who — as you can guess by the name — was the company’s Chief Diversity Officer.
Disney’s stock is at a five-year low:
Disney recently announced thousands of layoffs in the midst of its “strategic reorganization” to cut $5.5 billion in costs.
All of Disney’s recent movie releases have flopped, leading to nearly a billion dollar loss just from the theatrical division alone...
The only division that seems to be doing well is the parks. People are still going to stand in line and see the Mouse, for some reason. Apart from that, after publicly fueding with Florida last year over sexualizing young children, Disney is scraping the bottom.
Woke / broke.
It would have to be on the "books" as far as the government issuing a RFP or RFB or justifying a sole source purchase, as well as a government contract for this. Hence, all of this would have to be on record with an agency which could be retrieved via FOIA.
So which "government" bought them ?
🐭 Uh-oh! Disney’s last stronghold, its profitable theme parks, are beginning to show signs of flaccid weakness. From yesterday’s Wall Street Journal:
Imagine that. No waiting! The article rambles around in search of a theme, getting nowhere, but quoted Fourth of July weekend holiday-goers who reported walking on to empty Disney rides and making last minute reservations at top park restaurants, which if you’ve ever been there, good luck. Usually.
I wonder what it could be? Maybe the reason for low park attendance is that parents don’t want to take their kids to Groomer Mountain, the Haunted Basement, or on the Pedo Plume Ride. I’m just saying. Don’t cancel me.
I wonder what it could be? Maybe the reason for low park attendance is that parents don’t want to take their kids to Groomer Mountain, the Haunted Basement, or on the Pedo Plume Ride. I’m just saying. Don’t cancel me.
"They jacked up the admission to lower the crowd counts on purpose."
Disney corp is be-clowning itself with this kind of propaganda. They're a joke. Their credibility with their target audience isn't any better than Bud Lite. They're a progressive propaganda machine and every family knows it.
But they can't stop doing it. Their brand identity requires them to continue creating soulless garbage to stay in the good graces of LGBTQ activists who are now running the show.
Families aren't buying it. Disney was once associated with wholesome, family entertainment.
Now? Not so much. You can't continue to undermine the core values of your target audience and expect people to keep shelling out cash for it.
What parents want to take their kids to a special day at the movies, shell out their hard earned cash to sit in a theater, getting lectured at by a self-righteous, preachy screenplay that revels in undermining the values you're trying to instill in your children?
The "Disney worldview" is one that would deprive parents of grandchildren in the future because it tells little girls that the "good life" is to be girl-bossing in some corporate boardroom, not falling in love, getting married, and building a loving family together. Yuck! That's so 1937! Patriarchy!
But since Disney has run out of new ideas, they're cannibalizing "the vault" by modernizing the old, embarrassing film classics, all but ensuring they'll erase whatever decent legacy they might otherwise have had.
You're committing suicide, Disney. Fine with me. The sooner the better. Here's one household where you won't be missed.
Checking Guru Focus and it has high scores, perhaps because its stock has been beaten up so much and is at 2014 price levels. Essentially Disney has gone through a lost decade, just like the S&P 500 did from 2000 to 2013.
I don't think they're going to recover anytime soon.
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.
Watching television or even a film, when have you ever finished one, and felt BETTER for doing it?
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.
You're only going to pay for early access, if you want that, and after a point, you won't.
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.
There are pirate sites that use the arbitrage in time to present content before it's available in other time zones.
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
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 ?
That tells me the "local good ole boys" and "establishment" expect the local news to be a public relations firm for them.
It's some sort of revolt going on, where people undermine the companies they work for.
I especially hope that employees at Pfizer and Moderna will do that.
Maybe desire to do something good with their lives for a change would motivate them.
"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.
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!
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.
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https://finance.yahoo.com/news/disney-stock-plummets-after-earnings-miss-174514502.html