Disney Pulls Plug on $1B Florida Complex

You mean Newsom follows the same partisan bias news sources the rest of the lemmings do?

I could have told you that.

 

Companies slash projects for a variety of reasons whether they are financially stable or not. But the whole point is, my post refutes the "go woke, go broke" propaganda when you look at the numbers. They are not going broke but are making reasonable financial decisions in the best interest of the company.

Streaming services are very competitive. A 4 million subscriber loss is not significant given the total number of subscribers. A drop from 161.8 to 157.8 is less than one-tenth of a one percent drop. So, that is not anything to worry about. Except for Top Gun Maverick, most movies did not do all that well as expected. But again, Disney has been showing LGBTQ for decades in its movies and TV shows, at least since the 1990s. But the loss is not anything to do with what is "woke." So, movies will do well or not. Just depends on the audience. And if you want to see flops, look at Rock Johnson movies, well, most of them in the past 5 years or so because they all pretty much flopped and lost money too. Was that because of Woke or something else? Or shall we look at Devotion? That too was a flop. Was that because of woke or something else? So you may want to stop with the pseudo amateur analysis of yours.

 

You have refuted nothing.

Yes, they are slashing and firing after losing more than half their market cap in two years and running a string of failures that were largely rejected by the American People who do not want grooming in Child Entertainment.

Next you'll tell me that Anheuser Busch has been unharmed by their relationship with Dylan Mulvaney who prances about mocking women as 1950's teenage ditzes.

You are free to tell yourself whatever you like.

Why Disney got it's ass kicked when it took on the Free People of Florida and their rights to protect their children for sexual grooming in K-3.

'The company’s opposition to Florida’s parental-rights law demonstrates the limits of corporate virtue signaling.
Disney’s leadership' foolishly 'engaged in a quest to oppose a Florida law that prohibits teachers from discussing sexual orientation and gender identity with children in kindergarten through third grade. The law was already in place, and wasn't going anywhere. So what was Disney planning to do?'

'It’s the first major example of corporate virtue-signaling crashing and burning. In nearly every previous iteration, companies have wielded their influence without incurring any significant loss either to public image or profit.'

BUD LIGHT SAYS 'HOLD MY BEER!'

https://archive.is/TQ8ca#selection-925.176-925.404

 

You should worry more about the FBI using warrantless search powers more than 278,000 times. If you live in FL. and don't like the way it's being run, you could always move to CA. Lol Yippee, Disneyland!

 

Newsom is aware that additional Disney bucks are now up for grabs... the reasons don't really matter and Florida is out of the running...

 

This is remarkably ironic.

 

You have zero proof that Disney's decision in this one instance has anything to do with Newsom or DeSantis.

 

Thank you for showing their ROI and net profit has been tanking and why they are forced to cut back even though you apparently don't realize you did.

 

The words of Disney's CEO are clear. But you should worry less about "proof" or even about Disney, and more about the fact that a fascist is one of the main candidates in your party to the presidency. Sit back for a minute and THINK what it would mean for businesses (and for you) if this fascist becomes President. Unless you think it's ok for government to punish freedom of speech

 

It looks like they decreased during COVID and have been growing every year since.

Where are you getting anything is tanking?
They went from -4.3 to 2.9 to 3.8

 

Nope... never said I did...

And yet, if it was provable to a certified result, I'd bet on it.... .and so would you...

Question.. If Bob Iger came out and said "This Lake Nona decision is 100% because of the actions of Ron DeSantis", would you believe the decision is 100% because of the actions of Ron DeSantis??

 

They are pitiful and investors are yanking their money out so the lose in capital value which then limits their ability to finance new things and grow. They have clearly stated that the MUST cut back and get their revenues and expenses in line again.

 

Because you dodged

Which was what percent net profit and return on investment? How did that compare to pre-COVID numbers?

Or do you not know what those are as far as judging the performance of a company? Just a raw number of the amount tells you little. Why are they having to institute huge cuts if they are doing so well?

 

Were you not keeping up at the time and the parents voicing their concerns about the content and direction Disney was going? They are also losing on their streaming service. People don't want that stuff shoved down their throats just as Bud Light found out.

And stop with the canards here. Correlation is evidence of causation. Surely you do not contend that when two things correlate is disproves any causation are you? In order to find a causation do not first have to find something that correlated with it?

Seems the financial writers make a correlation with how much your customers like your product and how much money you make

Walt Disney lost $123 billion while pushing woke politics in 2022

The Walt Disney Co. paid a heavy price for their foray into woke politics as they lost $123 billion of their market value as stocks dropped 44.58% from the beginning to the end of 2022.

The company opened the year at $156.76 per share. After a year of battling Florida Governor Ron DeSantis, pushing woke content in their blockbuster movies, and replacing their controversial CEO with his predecessor, Disney closed the year at $86.88.....

....In the time between, FISM reported on the “not-at-all-secret gay agenda” openly admitted to by top Disney executives. Chapek also announced that a same-sex kiss would be featured in one of their expected 2022 blockbusters, “Lightyear.”

In case there was any doubt after 14 countries announced the ban on the Pixar movie because of this kiss, “Lightyear” was a June box office flop. While Disney executives anticipated the film would net at least $70 million in its opening weekend, it only brought in $50.6 million.

In November, Chapek’s departure as CEO was unexpectedly announced amid layoffs. His predecessor, the 71-year-old Bob Iger announced he would serve again as the company’s chief for another 2-years.

At that time, the company’s stock value was $97.58. Prices continued to decline even as Disney released two more anticipated blockbusters at the end of the year.

Their animated film with an openly gay teenager, “Strange World,” also failed expectations. It brought in a meager ticket sales of $18.6 million during its opening weekend when Disney executives anticipated at least $30 million in sales.

Meanwhile, the long-expected “Avatar” sequel was not enough to give the company an end-of-the-year boost. While some believe investors are refraining from buying into Disney while waiting to see what decisions Iger makes in the coming months, Disney appears to be paying a steep price for their heavy-handed sermonizing of woke politics in their content.

Netflix has also suffered this year after receiving similar criticism for catering to the LGBT population. Their stocks fell by $302.49 per share for a 50.64% loss.
https://fism.tv/walt-disney-lost-123-billion-while-pushing-woke-politics-in-2022/

But feel free to point what other change at Disney has caused the drop in revenues. Maybe one that doesn't correlate with it but caused it.

 

Their stocks are on par with other companies in the same industry. They are laying off like every other large companies in the US is doing but don’t let facts hurt your narrative.

And it looks like they are rerouting funds to more business friendly environments https://news.yahoo.com/disney-pitches-30-expansion-plan-004817836.html

 

They aren't going to spend 11 million i. Florida because politics, but plan on spending 17 million?

Makes zero sense.

Your politicizing something that's not political.

 

Sure. But that was never said.

What was said, in a highly politicized bias news source is that's what it's about.... when it's not.

And all the lemmings gobbled it

 

It has not been tanking at all. It had a net loss three years ago BEFORE the GOP got the "bright idea" that Disney was going woke. Since then, it has been increasing from that one year of a net loss. Prior to that, it was banking on a robust economy even with Obama as POTUS but was still showing LGBTQ characters in shows and movies.

 

And yet you still have not proven they are going broke. Even the Disney Financials will refute that.

And yet businesses do this all the time. Even Home Depot has done this, Lowe's has done this, Hobby Lobby has done this, and so forth. Most companies are preparing for what they predict is a recession, a major recession if the debt ceiling is not solve. But the more you post, the more you sound like a Stalin economist each and every time.

Furthermore, you didn't answer the questions. Why did Devotion go bust at the box office? Was it because of woke policies in the movie or something else? How about the other movies that went bust at the Box Office other than Disney? Was that because of woke policies or something else?

I have not looked at Anheuser Busch's financials nor analyzed them. Second, Anheuser Busch has a dozen beer brands and supply operations to boot, not to mention its investments into other companies and industries. Anheuser Bush survived the prohibition era and it will survive the GOP fiasco you are trying to rationalize. However, I don't drink beer. If you are going to drink alcohol, at least drink the good stuff, like Don Perion 1984 for instance. The irony is Anheuser Busch was a top GOP donor. No longer. The problem with the GOP is this, if the Dems get reasonable business policies in place and messaging for those policies, the large businesses, the backbone of GOP corporate donorship among all their races, state and federal, will dry up and go elsewhere. And if that happens, the GOP will start losing federal AND state elections because the business community no longer trusts the GOP to keep a good business environment. Additionally, a retail company looks at and serves its community, the actual people who purchase beer, and yes, that can include LGBTQ people as well. But since alcohol is technically prohibited to consume by minors, generally, the connection with kids is a complete disconnect on your part.

finally, Disney did not oppose HB 1557, it opposed HB 7, aka the ANTI WOKE ACT. In that act, the GOP is dictating, like communists, how companies should be run, who they should hire, and who they should advertise to. This bullying of a group to marginalize them has been the hallmark of the GOP since 9/11, first with any and all Muslims, then with Mexicans and Hispanics, then with Chinese, mainland or overland, and now with LGBTQ, all filled with hate and against the core principles of what the US Constitution stands for, namely the 14th and 15th amendments.

 

Feel free to mortgage the house and invest it in Disney. As I said just post the dollar amount of profit tells you nothing about the profitability or how well is the company doing. Thanks for showing that with your numbers.

Why do you think they are having to make such drastic cuts and curtailments if not for the changes to their products? Do tell me why their margins stink like a pig.

 

I dodged ?

I have no responsibility to convince you and I have no obligation to respond to your requests for more information.

Do you want to undo my arguments?

Do as I do, use the internet.

 

Prove it then.

Expecially ones that have lost touch with their customers.

Just not shifting them and cutting them out. Of course they are trying to convience investors on some "new plan" but what does that new plan hinge on?

 

My 401k already has stocks in Disney among other companies.

But that was a really lame response since you cannot refute the actual numbers. Having a positive net profit, a robust 3% is quite good for a company that size. And if you compae Disney with the industry, it is about on par with most of its financial ratios with some doing better and some less than what the industry standard is.

https://www.readyratios.com/sec/industry/79/

 

If their future earnings potential was so much higher do you think they would be going through all the cuts and cancellations and leadership changes? Do you think they would have lost 50B in capital values? Do you tell you investment adviser to look for investments with similar profit levels in which to sink your investments Are they bearing Bidenflation or are they in stagnation?

 

Why the stock is tanking they can barely squeeze a profit zfe having to curtail a billion dollar expansion their big new plan calls fof the city of Anahiem giving up control to Disney and recreate their little Florida kingdom which we'll wait and see on that. And they have not admitted their wokeness mistake like other companies trying slowthe damage have done. Why would you want your money in them other than some social reason?

Yes thank for the dismal numbers which refute the other posters claimthat the gross profit amount showed they are doing just great!