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-   -   Disney is in deep **** (http://forums.thetechnodrome.com/showthread.php?t=62584)

neatoman 05-06-2020 04:55 PM

Disney is in deep ****
 
Quote:

Disney's profit plunged 91% last quarter as its parks closed their doors
https://edition.cnn.com/2020/05/05/m...rus/index.html

Edit:
Quote:

Conference Call Confirms Disney Plus is a Disaster
http://archive.is/A3hGN

Candy Kappa 05-06-2020 05:36 PM

Maybe Plus should have been worldwide from the get-go, it’s still not available in Norway

neatoman 05-06-2020 06:03 PM

Well, there are other problems with Disney+ aside from not being entirely worldwide. Such as a general lack of original programming and bizarre editing of old material.

The most notable original material they made for the platform are the Mandalorian (which I'm told starts off promising but quickly degrades into garbage) and the seventh season of Clone Wars (which I liked but is obviously not going to lead into a season 8.). Then the upcoming stuff are a bunch of mini-series starring the lesser MCU characters (which makes me think they're based on pitches not good enough to made into movies), another Star Wars show and yet another. And any movies made for it just look uninteresting as **** so far, and the upcoming stuff includes TWELVE remakes.
  1. Cheaper by the Dozen (Already remade once before)
  2. Diary of a Wimpy Kid
  3. Father of the Bride
  4. Home Alone (which has those kinds of sequels that might as well be remakes)
  5. Lilo & Stitch
  6. Night at the Museum
  7. The Parent Trap (already has a remake)
  8. Robin Hood (which will obviously have the same problem as the Lion King remake)
  9. SpaceCamp
  10. Splash
  11. The Sword in the Stone
  12. Three Men and a Baby
Also, 5 of these I never even heard of before taking a look at what's coming down the pipeline.

Andrew NDB 05-06-2020 06:39 PM

I'm a little confused about how Disney+ could be "costing them billions." Beyond producing original content, what exactly is the overhead for them just offering Disney+ to subscribers? I can't imagine it'd be even one billion.

TurtleTitan97 05-06-2020 06:43 PM

Quote:

Originally Posted by neatoman (Post 1844646)

The most notable original material they made for the platform are the Mandalorian (which I'm told starts off promising but quickly degrades into garbage)

With all due respect, whoever told you that was full of bantha dung. Mando is awesome.

Redeemer 05-06-2020 06:45 PM

Quote:

Originally Posted by Andrew NDB (Post 1844648)
I'm a little confused about how Disney+ could be "costing them billions." Beyond producing original content, what exactly is the overhead for them just offering Disney+ to subscribers? I can't imagine it'd be even one billion.

Royalty fees? IT maintenance? Staffing? Fat Cat salaries? Production of New Series like Loki? I am not sure why it would cost them so much either :ohwell: It does say in the second article that only 1/5 of Disney+ subscribers are paying members. Maybe they are counting that???

Jester 05-06-2020 07:22 PM

I sub to Disney+ mainly for the extensive Disney backlog. The exclusives are only really a bonus. I assume I'm not alone in seeing the service as essentially a virtual Disney Vault. My only real problem with it is that there's so much old stuff that is left off, and a lot of it probably wouldn't cost a heck of a lot to put on there....they practically own all media.

Sumac 05-06-2020 07:25 PM

This is where it goes very interesting.
No wonder Iger had returned.

sdp 05-06-2020 08:29 PM

$1.4 billion is not a big loss for a company as big as Disney, it really isn't much, Disney is not in any trouble. Also you guys could actually read the quarter reports instead of reading clickbait titles from websites. Disney + is a success, AT&T can only wish to do half as well with their HBO Max as Disney is doing with Disney +. Now that one I see is going to be a huge failure, they have huge expectations but aren't putting half the work that Disney did. Disney + is costing money but they see it as an investment, any new product is going to be a loss for most companies, you have to make up for the R&D/equivalent that was done for the whole project.

Disney was due for a downturn now that the MCU is over for the average person (it'll still do great but it has hit its pique), their star wars strategy didn't plan out and they hurt the brand and they can't continue to rely on the things that made them so successful the past decade, not even bringing Iger back which I have no idea why he would come back, surely he's intelligent enough to see this. Still, Disney will be doing just fine, so just buy some cheap stock right now if anything, it's going to be doing great sooner rather than later.

Quote:

Originally Posted by Andrew NDB (Post 1844648)
I'm a little confused about how Disney+ could be "costing them billions." Beyond producing original content, what exactly is the overhead for them just offering Disney+ to subscribers? I can't imagine it'd be even one billion.

Oh, the infrastructure a lone is very costly, not taking into account many other factors like royalties, maintenance, advertising. They only save on licensing.

Papenbrook 05-06-2020 11:23 PM

Oh no.

So many workers will be fired. I can bet my money on it.

Wildcat 05-07-2020 12:27 AM

They’re not.

The parks will be fine once things return to normal (which will take awhile) and any article using a headline “So and so is a disaster” with a photoshopped picture on fire just wants attention.

I don’t have Disney Plus. There’s too many streaming services but this is a separate problem.

IndigoErth 05-07-2020 02:28 AM

If Disney+ has already run into trouble despite having a global lock down not that long after their debut and keeping many at home watching a lot more tv... well, I don't even know what to say. :ohwell:

Maybe people are getting burned out on the amount of streaming services there are. A person can subscribe only to so much.

snake 05-07-2020 05:59 AM

Music to my ears.

MsMarvelDuckie 05-07-2020 04:11 PM

I'm hoping they add more of their old stuff, like some of the LA movies from the golden years. I have the Disney Movie Club membership, which gave me access to some of my old faves from way back, but we also have the D+ to watch newer series, streaming-only content, and a few that I don't feel like buying outright, but still want to watch. (Looking at you, Descendants....) I kind of feel like this is just one of those minor hiccups that happen to every big idea, and it seems to be coinciding with our current crisis, which tells me it's more of a timing snafu, so there's that.

CyberCubed 05-07-2020 05:44 PM

Disney is not in trouble, lol

Quote:

This statistic contains data on the total assets of the Walt Disney Company from the fiscal year 2006 to the fiscal year 2019. In 2019, the Walt Disney Company held assets worth a total of over 193.98 billion U.S. dollars.Nov 18, 2019
As of November 2019, Disney had 193.98 billion dollars. Even though we're now 5 months later, and even with Covid-19, I seriously doubt their 193+ BILLION went bye bye. I doubt they even lost half of that.

Warhorse 05-11-2020 09:32 PM

Quote:

Originally Posted by IndigoErth (Post 1844677)
If Disney+ has already run into trouble despite having a global lock down not that long after their debut and keeping many at home watching a lot more tv... well, I don't even know what to say. :ohwell:

Maybe people are getting burned out on the amount of streaming services there are. A person can subscribe only to so much.

I agree with this assessment. I myself will subscribe to something in spurts. Right now I'm with Netflix to catch up on Narcos and waiting for Stranger Things to return. As for Disney plus, there was never really anything on it for me to be interested in, so never bothered. I was getting excited about the possible Obi Wan series, but then that was put on the back burner, so again, lost all interest in Disney plus.

Mayhem 05-12-2020 12:16 AM

There were a lot of free trials and half price yearly subs handed out, so that might be something. Have to see what translates to full price subs.

Andrew NDB 05-12-2020 12:33 AM

Still skeptical of this. The probability of people subscribing to Disney+ shot up about 2000% when this... situation we're all in happened.

TommyT 05-12-2020 12:54 AM

Disney is fine. Stop watching Midnights Edge and the like. They’re profiting off of your ignorance.

Allio 05-12-2020 01:36 AM

Disney isn’t fine. The whole Disney parks being shut down is enough to prove that as they are the biggest money maker.

Leo656 05-12-2020 02:03 AM

I mean, I can't see them being "in deep sh*t" but I can definitely see them sweating, especially at the long-term prospects. That Star Wars park they tried to do was apparently off to a very shaky start, and people have been complaining about the expense and inconvenience of going to Disney theme parks for ages, now.

The pandemic situation exacerbates all of that, because "social distancing", in some form or other, is not going away, which means at the very least there will be some sort of federal mandate declaring "only X number of people allowed in at a time", which is going to cost them money. I just read something earlier today about the airline industry being f*cked for the next five to ten years over this situation, which means less people traveling from all over the world to go to Disney parks and stay in Disney hotels. And the scary thing nobody wants to really talk about: The fact that MOST of the jobs that people are presently laid off from are not coming back, EVER, and that we're looking down the barrel of not another Recession, but a Depression, even if things magically snap back to "normal" tomorrow, which they won't. It's already too late to prevent it. Half the country's going to be out of work for the next few years. A typical Disney theme park trip for a family of four costs between five and ten thousand dollars including travel and hotels. Do the math.

People are going to WANT to go out and do stuff as soon as we "end the shutdown", but the sad fact is, most people aren't going to have the money to put gas in their car to get to their third job interview of the day while hoping to land a fry cook job at McDonald's to replace the high-paying job they went to school for that now no longer exists. SO, Disney theme parks are going to be a lot less densely populated - and thus less profitable - for the next several years, because they won't be legally allowed to let as many people in and only the very rich will be able to afford to go in the first place.

So, I don't know,"deep sh*t" may be too harsh, but they're definitely going to looking at every alternative source of revenue they can because they're going to be taking some deep cuts for a while. It's unavoidable. They're "too big to fail" but they're definitely going to have some tough road ahead.

I can definitely see some of their worldwide parks closing. Maybe Star Wars Land or whatever, since people weren't feeling it anyway and they were losing money on it before this. They might even go so far as to decide that two Disney parks in America is one too many. I wouldn't be surprised by anything, at this point. We'll just have to see what happens.

oldmanwinters 05-12-2020 11:28 AM

The only thing I can think about when I read the title of this thread:

https://www.youtube.com/watch?v=GYocoMJIrPA

Original TMNT Cartoon Fan 05-16-2020 07:52 AM

Quote:

Originally Posted by Leo656 (Post 1845105)
They might even go so far as to decide that two Disney parks in America is one too many.

If that ever happens, the Walt Disney World Resort in Florida would probably have to say goodbye, not the Disneyland Park in California.

ZariusTwo 05-19-2020 02:16 AM

Disney+ CEO Kevin Mater jumps to run Tik Tok

https://www.bbc.co.uk/news/technology-52717333

oldmanwinters 05-19-2020 02:09 PM

Quote:

Originally Posted by ZariusTwo (Post 1845646)
Disney+ CEO Kevin Mater jumps to run Tik Tok

https://www.bbc.co.uk/news/technology-52717333

I had no idea Disney+ had its own CEO. How many employees does that division have?

ZariusTwo 05-13-2021 11:51 AM

Quote:

The Walt Disney Company is in the throes of a major leadership shift, with newly minted CEO Bob Chapek asserting more authority as the longtime leader he replaced, Bob Iger, prepares to surrender his executive chairman role for emeritus status at year-end.

The two men’s once-warm relationship has grown strained, according to four insiders. This comes as Chapek has overseen a 2020 reorganization that centralized the media company’s content distribution and ad sales.

https://variety.com/2021/film/news/d...on-1234971562/

Sumac 05-13-2021 12:31 PM

Civil War inside the House of Mouse?
Sounds more exciting than new Star Wars!

I wish it would tore Disney apart, but, it is really unlikely.

IMJ 05-13-2021 12:36 PM

Hangers-on to the current Clown-World reality we are in will blame the Pandemic completely and disregard Disney's utterly incompetent Woke agenda push as a catalyst for the failures that called for this....

Diversity is great. And it was always there.
Woke agenda is phony. And it's an assault rather than an inclusion.

People don't like being assaulted or preached to when they've done no wrong and so go woke, go broke.

Quote:

Originally Posted by Sumac (Post 1891967)
Civil War inside the House of Mouse?
Sounds more exciting than new Star Wars!

I wish it would tore Disney apart, but, it is really unlikely.

In many ways Disney is a staple of freedom-through-capitalism and has represented the most lighthearted of family-fun in America. I hate what it's become, but I certainly hope that it isn't torn apart, but instead re-aligns itself from it's current pandering-to-the-people-of-social-media, and goes back to being a great place for anyone to go to.

AquaParade 05-13-2021 01:05 PM

Marvel gonna reverse-buy Disney with all their success. Don't tell me what's impossible.

Refractive Reflections 05-13-2021 02:12 PM

Quote:

Originally Posted by IMJ (Post 1891971)
In many ways Disney is a staple of freedom-through-capitalism and has represented the most lighthearted of family-fun in America. I hate what it's become, but I certainly hope that it isn't torn apart, but instead re-aligns itself from it's current pandering-to-the-people-of-social-media, and goes back to being a great place for anyone to go to.

The problem is Disney, as with most American entertainment corporations, have fallen to the strict Chinese Communist censorship rules. If the companies do not follow the censorship rules, the companies lose a tremendous amount of business by not having the Chinese market, and the project will probably get cancelled as it is far less lucrative. China won't even allow Disney to show Winnie the Pooh over there. lol

See:
https://www.axios.com/hollywood-movi...394414698.html

I think the following succiently summarizes the effect China has had, from the above link:
Quote:

The bottom line: Despite the handwringing over China's economic ability to suppress Americans' freedom of speech, Hollywood film studios have willingly ceded their artistry to China's censors for years — on issues big and small — in pursuit of the almighty dollar.
Looks like Communist China succeeded where the Soviet Union didn't in stifling American free speech.

IMJ 05-13-2021 05:27 PM

Quote:

Originally Posted by Refractive Reflections (Post 1891978)
The problem is Disney, as with most American entertainment corporations, have fallen to the strict Chinese Communist censorship rules. If the companies do not follow the censorship rules, the companies lose a tremendous amount of business by not having the Chinese market, and the project will probably get cancelled as it is far less lucrative. China won't even allow Disney to show Winnie the Pooh over there. lol

See:
https://www.axios.com/hollywood-movi...394414698.html

I think the following succiently summarizes the effect China has had, from the above link:


Looks like Communist China succeeded where the Soviet Union didn't in stifling American free speech.

This is not entirely unfounded. Entire plot elements of Iron Man 3 and the Mandarin character were significantly changed or abandoned simply for the Chinese box office.

Sumac 05-13-2021 06:43 PM

I am afraid current status quo can't be destroyed without collapse.

Andrew NDB 11-26-2023 08:22 PM

"Wish" flopped.

https://variety.com/2023/film/news/b...ns-1235808957/

Cowabung-Gal 11-26-2023 08:47 PM

Quote:

Originally Posted by Andrew NDB (Post 1979810)

Why am I not surprised?

It’s pretty much a given at this point for a Disney movie to flop

TheCanadiandrome 11-26-2023 09:10 PM

Quote:

Originally Posted by Cowabung-Gal (Post 1979811)
Why am I not surprised?

It’s pretty much a given at this point for a Disney movie to flop

Sadly true yes

neatoman 11-26-2023 09:38 PM

I'm not entirely clear what the problem is with Wish yet, I haven't seen it, I've only seen other people complain about it elsewhere. Something about how the villain is essentially just treated like a villain because the plot demands it, something like that, right?

Andrew NDB 11-26-2023 09:40 PM



Sounds like it's not woke or anything, it's just really, really stupid and safe and the songs all suck.

Sumac 11-26-2023 10:03 PM

Watch how the mighty had fallen...
And it goes both to Pixar and Disney.

Well deserved, when you sell out your creativity for the formulas and ideology you deserve to fail.

Andrew NDB 11-26-2023 10:05 PM

I suspect this means they're going to fast-track a lot of "surefire hits" in the days ahead. Finding Nemo 3, Toy Story 5, another Cars movie probably, etc..

KRANGANDMIKEYFAN 12-07-2023 11:00 PM

Im boycotting Disney for their leftist views.


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