I are idiot.

NM. Too much going on at once.

lol @ me replying to first page stuff without looking.

Attached File

That would probably be in the plans by the new DEI Czar they promoted up to fill the DEI tyrant slot that was recently vacated.

All that said, they just hired a new CFO, a pepsi man, who some think may be a future CEO. Nothing solid there.

The Marvels is expected to totally tank.  First reviews coming in.

The Telegraph

Spoilers

...The Marvels' unusually slight running time makes sense within minutes: the entire opening half-hour feels cut to shreds. What emerges from the jumble of half-scenes is...  Much civilisation-threatening carnage ensues, which also turns out to be utterly pointless, since Carol eventually just single-handedly fixes said eco-system herself: a job she completes in roughly 30 seconds without breaking a sweat.

Comedy is attempted in a sequence which uses the song Memory from Cats almost as badly as Cats did, and on a visit to a planet whose population's native tongue is song and dance. This potentially funny idea is scuppered by wincingly slapdash execution, including some awkward visual effects work which makes the three stars look cut-and-pasted into the musical number as an afterthought. Who knows, maybe they were: the franchise's now-trademark VFX sloppiness is back with a vengeance here, with flying scenes that resemble souvenir photographs from a sky-diving simulator, and digital backdrops rendered in 50 shades of sludge...

earnings livestream video is now on countdown and going.

Should be up in about 4 min.

Livestream up.

VR will be covering the CNBC pre-earnings call iger stuff.

21.24 vs 21.33 (predicted) - revenue is under. Billions I presume.

Iger trying to get some positive for disney stuff out before the earnings call.

He tried to say they did good with the movie elemental which was a hardcore FLOP.

CNBC bit off, he did a lot of blabbering, and didn't seem to know how to handle a question from the interviewer regarding peltz and she said the pepsi guy CFO hire was to help fight off peltz...

EARNINGS CALL STARTED. 44:57 into live stream.

Iger sounds *depressed*

He puffed the release of elementals and the marvels movie.

ROFL.

was an absolute dick to work for ....

but at least he kept the corporation on the rails.

No dividend announcement no figure given for one. They danced around it.

Sorry, Disney Shareholders. No Dividend Payments for you AGAIN.

If they're as far in the red as it looks that will probably be a big fat goose egg.
That ought to get the investors motivated to go get their torches and pitch forks

Iger: well espn is number one .... ON TIKTOK.

IIRC roy had to save disney from him.

https://web.archive.org/web/20050808010337/http://www.savedisney.com/

They controlled the Q&A session tightly.

No serious fireworks or iger putting the company in legal danger.

The call was muted, monotone, boring, the Q&A was controlled, NO questions about peltz got meaningfully answered or anything else controversial.

Oh, and ... NO info of any note about a dividend.

Stock after the call:



People are saying wait till the open tomorrow or 24 hours to see any results from the call.

YouTuber Jeremy Jahns, a comics geek who looks for the silver lining in every movie was even less kind.
He used "fuck" a lot.

The head of IMAX said ... probably months ago now ... that he/she viewed the marvels as a screen and space filler, just in case dune 2 got delayed.

Barring disney doing something else dumb or more leaks, next stop on the line for the thread is the estimated value on hulu and how much disney will have to pay for it.

I have heard the talking heads saying that comcast says the real value for hulu is 60 billion which would put disney's cost to buy the last third at around 20 billion.

LMFAO !!!

Yeesh, The Marvels opening weekend domestic box office projections now range as low as $35 million.  Production and advertising probably cost Disney ~$400 million, they'd need more than double that worldwide box office to break even.  Similar box office predictions for upcoming Disney animated film Wish.

LOL Disney stock has surged +$10 since the earnings call.  I do not understand Wall Street.

If they did extensive reshoots the production cost alone may have been 350-400m.  I keep hearing numbers of 100-150m for advert and promo (on their past movies)

It'll be interesting if they shot in the UK and someone manages to dig up the actual costs from there, like they've done with the other movies.

Hat-tip thatparkplace website: https://thatparkplace.com/the-disney-10k-annual-report-reveals-disney-may-be-very-worried-about-their-place-in-the-culture-war/

Some dense corpo-speak, I've broken it up into paragraphs and added some emphasis.

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001744489/000174448923000216/dis-20230930.htm



So, they appear to be covering their backsides by trying to outline what they see as risks so they won't have investors and etc. telling them "you didn't warn us this could happen."

In short, they have just admitted: They know we don't like or even hate their content. They know their political activism and support of things that degrade and destroy people is ... to eumpehmise it ... "unpopular."  They've admitted that they can't predict how fans will react (translation: they are dumber than a box of rocks and so self-isolated that they can't see the obvious warnings).  

They've admitted that they're losing america and have to rely on the rest of the world to float them, but they can't afford to entirely dump us.

They basically admitted that mergers and aquisitions are a substantial risk. Note they don't talk about the risks of creating original content (creatively bankrupt).

The tone here reads as if they intend to keep being destructive customer hating jerks.

Hopefully their stock values continue to reflect that.



Gee mikey, you mean those lawsuits you have going over the misappropriation of public funds and the possible risks involved with that billion+ dollar bond issue might result in the state taking a massive chunk out of your hide?

That piece was pure "Corporate Copium".

I'm old enough to remember, when Disney INSISTED that the ONLY way to make  "Modern Movie" was to have ~9 strong female co-leads, 3 sniveling beta-males, and 1 "Fucking white male" badguy/love interest.
HAD to be done. HAD TO.
No other way.


The access media insisted it was so, and if you disagreed you were worse than Patrice O'Neal.
Then the_brainlets here in GD would parrot that ^ "HAHA ONLY GEE-DEEEE IS UPSET WITH THE KNEELING OR 9 FEMALE LEADS WOW READ A BOOK HAHA WOW RELAX IT'S JUST A MOVIE/GAME!"

Some 15 years later in GD, "School called up and said my child uses different pronouns in school
I do not know what to do. I don't agree but my wife is going along with this, and the school says we should start hormones"
Dumb fucks not realizing how some of this ^ was related, a woke-religious worldview was being pushed onto us (and our families.) by these people, and yes it's had consequences.
And the people who spotted it early and tried to talk about it were treated like they were describing bigfoot.


FINALLY, after over 10 years of this crap, we (as a people) hit our pitch-count. We had enough.
Now the losses became too numerous or obvious to ignore.
Now Twitter is a free space, where they have a harder time astro-turfing an alt left opinion and claiming it's the mainstream, they can take incoming disagreement.


Fucking finally, here we are, the losses are so bad the backtrack is going to happen.




They thought it was "just Gee-Dee" too
No. It's the actual fanbase that's switched off.




What's hilarious is, they run how many focus groups?
How many audience tests do they run for these movies?  
It's never been more mechanized and sterilized, in the "muh data" and "muh analytics" era.
I wonder what kind of money (in millions) they spent on "CoNsUlTaNtS" to tell them what people like and how stuff works?

The reality is, they don't want to make the films we like, because it offends their religious sensibilities..



"Oh everyone has different opinions
It's polarized now it's just too hard"


Topgun being a huge success IMHO was a signal flare.
"The audience that LIKES this stuff ^
A good guy, that's masculine, and not super SUPER flawed and morally bankrupt in all ways, and respects the audiences fondness for the original material,  is still a winning formula"




We're headed into an election season. The coming Rainbow-Ramadan (Pride.) is going to have eyes on them and Bud Light. Big time.
Big campaign issue. The left cannot run from it. Embracing it is "polarizing".



I'm old enough to remember when some people said "DeSanctus stepped in it omg you can't fight disney omg!"
In reality, he's breaking their backs over this.

We need to stop giving corporate welfare to woke mega-corporations that don't need handouts to begin with.

I think from what I'm reading even this won't make them turn back. They will still have to be forced.

Remember, Iger had (reportedly) serious intentions of running for president as a democrat. Look at the protests their employees had in califorina over a *florida* law, and not just that the implemented DEI (the newer uglier and more vicious form of PC controls) but that they did so in a way that ... well, they had their employees keep dei diaries to prove their bona fides. Plus their health insurance plans are shown to be covering transition for children of their employees, iirc. We've known about gay days and have now been getting more evidence how enough of the employees at the parks are out and proud about that stuff to the point that we get leakers talking about being propositioned and groomed in the parks when they were hired on.

They did fire their head of dei, but promoted up someone internally to take over that slot and I think they would ahve at best modified the dei regieme and the whole reimagine tomorrow stuff just enough to avoid outside scrutiny.

As with bud light, I think the main part is that their pursuit of all this stuff has made their product (movies, parks, streaming tv shows) ... bad. Everyone's noticing, and who wants to be involved with that? The park experience now being so hideously expensive is the ugly icing on the cake. These things put people off who aren't aware of any of the nastier things I mentioned above or in the thread.

Right now I think disney is mentally stuck inbetween a rock and a hard place. The have not had any change of heart, they probably still think they can eek this one out, but they realize they're going to have to suffer to do it.

What may scare them a good bit is peltz, esp with him now controlling perlmutter's shares. Apparently that scares them so bad that ... well, it's rumor but I could see it ... so the new activist investors that have gotten involved? People in the know are saying that group was brought in to help the current disney leadership fight off peltz.

I don't see them going under, but they have multiple broken limbs and are losing blood.

To truly turn them around, they would have to undo the complete leftist/democrat capture of the company. They would have to bring back the old disney look/behavior standards for employees, they'd have to get rid of the objectionable content, and at the least put control on the whole gay days at disney.

They would have to undo the damage done to the imagineers that seems to have been done and repair/refresh DL/WDW back to old disney standards. They'd have to start increasing capacity at the parks, instead of increasing the prices.

ETA: The effect of it can't be estimated, but I suspect others have looked at what has happened to disney and ab and are modifying their calculations on what they can do.

Box Office: Disney’s ‘Wish’ Fizzles, ‘Napoleon’ Beats Expectations as ‘Hunger Games’ Lands on Top Again

Disney may need to find another star to wish upon.

“Wish,” the studio’s newest animated adventure, was projected to land on top of box office charts over the Thanksgiving holiday. Instead, ticket sales fell short of expectations with a weak $19.5 million over the traditional weekend and $31.7 million over the five days, and the film tumbled to third place behind Lionsgate’s “The Hunger Games” prequel “The Ballad of Songbirds and Snakes” and Ridley Scott’s historical epic “Napoleon.”

Heading into the weekend, the musical fable “Wish” was projected to earn $35 million over the traditional weekend and $45 million to $50 million in its first five days of release. Ticket sales weren’t as catastrophic as the studio’s 2022 flop “Strange World” ($12 million over the traditional weekend and $18 million through the five days), but it didn’t come anywhere close to 2021’s “Encanto,” which opened to $40.3 over its first five days when COVID was keeping families at home. And it’s a far, far cry from Disney’s pre-pandemic Thanksgiving releases, like 2019’s “Frozen II” ($123.7 million), 2018’s “Ralph Breaks the Internet” ($84.6 million) and 2017’s “Coco” ($71 million).

“Wish” also added $17.3 million at the international box office, opening in just 27 markets (about 40% of its eventual overseas footprint), bringing its global tally to $49 million. The film’s anemic initial turnout further illuminates that magic has been in short supply at Disney, a once untouchable force at the box office. Most of the studio’s 2023 slate, excluding “Guardians of the Galaxy Vol. 3,” has dramatically underperformed in their theatrical runs. It’s a problem because Disney movies are expensive, usually costing around $200 million (and that’s before accounting for global marketing expenses).

In the case of “Wish,” Disney is hoping the family flick will have staying power during the busy holiday season, much like this summer’s “Elemental,” which finished much stronger than its disappointing opening weekend would have suggested. “Wish” carries a hefty $200 million production budget and needs to show the same kind of endurance to justify its price tag. It helps that audiences, unlike critics, seem to enjoy “Wish,” which landed an “A-” CinemaScore. The story, featuring original music and the voices of Ariana DeBose and Chris Pine, follows a young girl named Asha who attempts to save the fantastical Kingdom of Rosas from darkness.

Funny how when Walt was making non-Hollywood, family entertainment his company prospered.  Now that other people are running the company into the ground I wonder if someone decent will seize control of the company?

Take control from who? There is no "Disney" to take control of. There is just a giant pile of woke shit owned and controlled by 20 different investment groups and corporations, all fully on board with the message and fine with what Disney does. The Board does whatever their corporate masters tell them. Disney will burn to the ground and be sold off in pieces before it changes.

Damn. Napoleon is a Disney property?

Knowing full well how dumb this (phrase) sounds to (use) ... uh ... hangon ...

Full stop.

Most of this recent mess we've seen?

It's ultimately because of Iger's personal choices.

He "left" the ceo slot (but not the office, he physically stayed there and kept coming in) for the kung-flu era just before that kicked off and handed it off to chapek. At the perfect time for chapek to absorb the blows of the pandemic and government reaction to it. And he kept subverting chapek.

Iger has real power at disney. ETA: It was apparently a tweet from him that got the kingdom of the rat involved in the fight over the parental rights bill in FL, which chapek had been trying (rightly) to avoid.

It is more ignorant to follow the whole "but there's always just a bigger overlord, nobody really controls a thing!" than to say "these people are responsible for the results their personal choices resulted in."

Of course there are outside forces at play. Part of the forever fight is acknowleging that and *going at a given individual goal.*

We can't take every single hill at once.

Yes, there's a disney to push back against and maybe just maybe get some control over.  (Or at least discipline for doing what's wrong)

Disney's Terrible Year Is About To Get Even Worse


Disney's Terrible Year Is About To Get Even Worse
Nov 29, 2023 at 6:34 AM EST

Disney's Marvel Studios is facing potential woes in the form of Jonathan Majors, as the studio presses on with plans to prominently feature the actor in one of its major projects amid his pending domestic violence trial.

The Loki actor will face a Manhattan court beginning Wednesday over charges he allegedly assaulted his ex-girlfriend, Grace Jabbari, in a March incident in New York City. Through his lawyers, Majors has denied all charges against him.

Following his arrest, Majors was dropped by his publicists, the Lede Company, and management, Entertainment 360, among the withdrawal of other opportunities. Creative Artists Agency also reportedly dropped Majors before his arrest for "brutal conduct" towards its staff, according to Variety.

He will face trial on two counts of assault in the third degree, aggravated harassment, and attempted assault. If found guilty, he could face up to 12 months in jail. Attorneys for the actor previously told Newsweek he was "provably the victim here," in his altercations with his ex, Jabbari.

Newsweek has contacted representatives of Disney and Majors via email for comment.

Majors has been slated to become the Marvel Cinematic Universe's overarching new villain, Kang the Conqueror, and has already appeared in the first season of Disney+ series Loki and the film Ant-Man and the Wasp: Quantumania.

He currently remains signed to appear as the supervillain in Avengers: The Kang Dynasty in 2026 and Avengers: Secret Wars in 2027, a move that would have solidified Majors' rise as an A-list leading man following his lauded turn in HBO's cult sci-fi hit Lovecraft Country.

However, with his legal issues ongoing, Disney is, for now, sticking with Majors. This comes after the production giant has already endured something of a nightmare year in its own right. Marvel Studios, which is Disney's most valuable property, has had its worst year at the box office since 2014, discounting 2020 when none of its movies were released due to the COVID-19 pandemic.


Per figures from Box Office Mojo, Marvel's $1.51 billion earned at the box office this year is the lowest total since 2014, when the studio pulled in $1.49 billion. However, Marvel released two films in 2014, while there have been three this year.

The Marvels, which debuted on November 10, has been something of a veritable flop at the domestic box office, with an opening weekend of $47 million—far under the already lowered expectations of $60 million. It marked the Marvel Cinematic Universe's (MCU) lowest-ever opening weekend.

https://thatparkplace.com/disney-throws-in-the-towel-for-the-marvels-says-we-will-stop-weekend-reporting-of-international-global-grosses-on-this-title/

It's so bad they don't even want to report on it.
----------------


Disney to pay 0.30c per shareholders of record as of dec. 11th.

They speculate that this, along with the fact that iger is adding more seats to the board (irony one of the new seats is going to a guy from the business that's evaluating the value of hulu for disney corp! SLEAAAZZYY) , and that a second activist investor was brought in to try and help them.

Mexican ironman who apparently does financials for a living is saying that this is being funded by the cuts and etc and will (likely) be a one time thing and the commentators are saying they can't see this being sustained.

breaking news!

Disney screwed Hasbro hard, they forced them to ditch mega popular characters for woke trash nobody wants and now every Ollie's is packed full of deeeeeep clearance Marvel, Star Wars, and miscellaneous flop merch.  Somehow this author fails to notice that the complete collapse of Disney has shrunk their share of the toy aisles by three quarters, carving a big chunk out of Hasbro's business.

Hasbro is laying off almost 20% of its workforce amid lackluster sales during the crucial holiday shopping season , the toy-and-game maker said Monday.

"Today we're announcing additional headcount reductions as part of our previously communicated strategic transformation, affecting approximately 1,100 colleagues globally in addition to the roughly 800 reductions already taken," Hasbro CEO Chris Cocks told employees Monday in a memo shared with CBS MoneyWatch.

Many of the employees impacted will be informed within a day, and the majority of the reductions will occur over the next six months, he said. Hasbro is also opting not to renew its lease on its office in Providence, Rhode Island, with its workers expected to transition to the company's headquarters in Pawtucket, Rhode Island.

The decision comes after softer-than-anticipated toy sales through the first nine months of 2023, with the difficulties expected to continue into next year, he wrote. Hasbro makes toys and games including Monopoly, Dungeons & Dragons and Play-Doh.

Inflation and the resumption of student-loan payments are taking a bite out of many households' disposable income, Morgan Stanley wrote in a recent research note looking at sluggish holiday retail sales.

"We are expecting weaker results in goods-oriented industries," Michelle Weaver, U.S. equity strategist, said. "Airlines remain the one bright spot, with consumers continuing to prioritize holiday travel."

Hasbro in October tallied a fourth straight quarterly loss as third-quarter sales fell 10%.

Competitor Mattel has fared better, aided by the success of the "Barbie" film featuring its most famous product.

(True that Barbie was woke too, but they understood their mostly-woke, affluent market and competently catered the film to it, instead of actively rejecting three quarters of their market to pander to 10% of their least interested, most tight fisted customers like Disney)

There's been so much put out in the past week that I don't quite know what to pick to update the OP with.

I'll have to sort it out.

The audit on the old special district came out and it's so bad that, IMC (conviction instead of opinion) if the things it exposed are not pursued by the goverment, that's an indication of corruption in the government.

Musk turned on iger and called him out by name (quite possibly to his face) and than later and elsewhere said iger should be fired.

A former CFO of disney corp joined with trian and peltz to fight iger's crony puppets board.

Disney has had to pay the minimum for hulu (~8 bn ... which is, I suspect, funding theme park expansions at universal) and they are still bickering over the final valuation of hulu and how much more disney will owe comcast for hulu. OH and disney had high official @ the company they are using to value hulu put onto their (disney's) board and etc. (corruption, anyone?)

Disney corp is losing it's pants economically ... still.

The amount of bad news for disney in the last couple of weeks is massive.

The people over at that park place put up a summary article. Yes, it's not short. And it IS a summary, and a pretty good one.  I am going to post the whole thing in chunks with a bit of commentary explaining things between the quote blocks.

https://thatparkplace.com/a-glossary-and-guide-to-the-flurry-of-disney-news-involving-bob-iger-nelson-peltz-the-reedy-creek-improvement-district-and-more/
RCID / Reedy creek is the old now gone and replaced special district that disney corp lost. Furthermore, apparently disney corp wrote the original special district agreement and turned it over to the FL legislature to approve or not. The state did NOT write it.  I believe a good way to explain RCID is to say: Company town, coal mine style, but with a smile and lawyers and bureaucrats instead of bullets.

Here is the audit: https://dw-wp-production.imgix.net/2023/12/CFTOD.pdf It is absolutely damning.  You can watch the meetings of the CFTOD district here: https://www.youtube.com/@CentralFloridaTourismOversight/streams  If the things the audit found are not pursued, that will indicate a very high level of government evil - refusing to pursue reasonable justice.

In short: special districts are to function as strictly limited and curtailed PUBLIC governments for the good of everyone in their district and have to interact with the governments around their district correctly.  They are absolutely NOT supposed to be cronies of anyone inside or outside of their districts. The audit shows a shocking level of cronyism going on and abuse of people in the district.



Disney got out of paying for the negative impacts it has on the local community.

Ask people who live in the orlando area about this. You will get an earful.



The original special district was given with the agreement that disney corp would setup a real city where people lived and worked with everything a city entailed.  Walt disney died and the promises were never kept.  The "cities" of bay lake and lake buena vista:


More info on them here: https://thatparkplace.com/expose-the-tangled-disney-pseudo-cities-of-bay-lake-and-lake-buena-vista/
IN other words ... the open secret that everyone who has eyes and looks can know: the 1967 special agreement requirements were ... Oh I can't say, the wonderful mouse will send the assassins over.


To make  it very short and sweet: you can't use public govt bonds for the benefit of private interests, esp not just one to the exclusion of others, and double esp not in a cronyistic way.  Guess who was involved with fiddling around with the special district's ... what, billion dollar plus, iirc? bond?  Hint. The contact info included an email that was explicitly at a disney address.



A hyper politicized (he apparently once considered runing for potus) incompetent uncreative mergers and quisitions dolt and petty immature manchild. See here, if you want the info to back this all up.  Pulled strings to get chapek in just before the kungflu mess and when he couldn't control "little bob" (yeah, that's how chapek was referred to), he started throwing chapek under the bus. Which is not to say chapek is a gem.


A more middle of the road profits first squeeze money out of that rock type, apparently notorious for that. I gather he's at least in part responsible for the parks murderous pricing and predatory practices. He's "better" if you're a stockholder, I guess. He also tried to keep disney out of the political fight in florida with the fl govt and desantis, and was notoriously mentally and emotionally tortured into putting the company into that fight, and complying with the hideous corporate culture in disney that exists now (and I suspect has for many decades).


You can safely ignore the commentary and skip forward to 1:57 in the video to see chapeks hostage vide, post-maoist style struggle session.


Peltz is an activist investor. However, his activisim is that he tries to make companies successful again. By cooperation, if he can. By fighting and board takeover, if necessary.

Iger is fighting back, has expanded his board, and nobody on the board is in a position to know enough to push back against iger in any meaningful way.

I don't think it'll do iger any good. Peltz already had an expanded and large amount of disney shares ... but now has the backing of ...

I gather manchild iger was told to not fire perlmutter, as that might cause peltz to come to the gate with a battering ram ... but petty iger had perlmutter put out.

And peltz/trian not only have perlmutter's shares (giving them HUGE leverage), another group have come on boad with peltz, adding more.

I don't think peltz will really clean house at disney corp, get rid of all the DEI and other crap they absolutely must be doing that we don't know about (yet) but it is a more good than bad thing if peltz pummels iger.

The rest of the TPP article.

-----------------------

Also, disney is bleeding and losing money to the tune of billions, is at criminal risk that's unthinkably huge because of the RCID bad behavior (there is a REAL possible "timeline" where the state of FL could wind up with a lien on disney world! This is not a joke), ETA and they just had to give comcast 8 billion dollars for hulu, and are likely going to have to pay more due to the oncoming valuation for hulu... and disney has been pushing all the stuff you see up in the spoiler fold and worse, and they have intentionally ... well.

I'll let disney employees say it:



That's their corporate culture. We now know they were (and I'd be shocked if they stopped it at all) enforcing on their employees (they even had employees keep diaries to prove they were "dei" enough and tied benefits to those things).

How do Celebration and the Golden Oaks developments as well as the various Disney Vacation Club time shares complicate things?

Disney is 100% as woke as we thought it was, from the top down.

It affected their internal practices, their internal values, the social/political causes they felt they had to push on the public, and the product they put out for consumption.


Just taking this moment to say a big Fuuuuck Youuu to the Grey_bars on this board that tried to gaslight everybody into the leftie media's version of events.

They claimed that allll this wasnt happening, and even if it was - that all of Disney's woke crap was "moderate" and only Gee Dee doesnt see it that way.
Wrong.
These people are the most bitterly political of any group in society, and also the most religious - and it's obvious, it has always been obvious, that the woke "mind virus" badly infected that company.

Can anyone in one paragraph or hopefully less, tell me when Disney and ESPN are going bankrupt so I can celebrate?

So, I'm just a schmuck who reads news and is not an expert on anything.

What you've posted makes me think of this, though: apparently the orginal land size was~44 square miles.

When the actual housing establishments and such were put in, they bult them inside the special district, I'm guessing so they did not have to have any code compliance or stuff like that.  The SD land is now reportedly ~39 square miles. Those housing districts seem to have been gerrymandered *out of the district.*

My dime store understanding is that this would allow disney corp to not have to deal with large groups of residents and the need for them to have some sort of legal representation.

DVC club members ... I don't know. Haven't the foggiest. ETA: I didt hear a short while back that a measurable number of DVC members were taking huge losses to get out of DVC.

If the pattern holds, they would have been being kept in a situation that was one-sided in favor of disney corp.

I have no idea how the state will handle it. Or if the state even will (they should, everyone needs to hold their feet to the fire).

Nobody can *guess* at that until the state shows what it will go after in the criminal court cases.

Nobody can Know until the court rulings come down and are being enforced.

Sorry, you're going to have to suffer along with the rest of us for a long while yet.

-----------------

There is discussion amongst some who should know that the financial risks on the legal woes could run up to trillion. It is spoken as a worst case scenario that has come down from unicorns farting gold dust utopia land into the land of "holy crud if all the stars align this could happen."

My finger slightly on the pulse take is that disney, at an absolute skeltal bare minimum is taking a beating at least as bad as they did in the bad old days (for them) of the eighties. But this time it will be worse due to the criminal stuff with the special district finally coming to the surface with some political will *in the state* to go after it.

With peltz coming in hard and fast, I don't see iger retaining the power he has over the company.   I can't guess at where peltz is on social issues. I will guess that he DOES know that the in your face screw you if you disagree route disney has taken on the social issues has hurt the company bad on the money front, and I think he would try and pull the reins in on that stuff.

Last, and most brute and the real harms to disney: we known from pretty good sources they are losing billion(s) on their movies. They are losing unknown but I think HUGE amounts in the toy and merch markets ... see here for just one boots on the ground perspective. I see the same things in my discount stores locally, presumably far far away from where that channel films.

In rumor, but suspected as decent rumor land, there is even talk that disney star wars toys merch has made less - I believe in absolute numbers? - than the original kenners star wars toy run ... AND it looks like disney may not have made any meaningful profit off the lucasfilm buy (they spent iirc 10 bn dollars to get it).

All of the click bait and preaching to the choir aside, nobody ~5 years ago would believe you if you told them just the bare facts of how badly disney corp has hurt itself.

ETA: if disney files for bankruptcy, I'll be putting that in the title of the thread in all caps.

Just found it on Paramount. South Park is killing Disney and Kathleen Kennedy and the Panderverse.