My problem has nothing to do with age. It’s the narcissism and entitlement that most in that generation developed. Many of them don’t have that trait but more than don’t do.
Spectrum/Disney/ESPN - Suck for doing this
- Thread starter Short-Dawg-69
- Start date
SO bud losing all those sales to cater to 1 percent of the population was corporate greed? All these other companies making like decisions to watch their profits drop is corporate greed? Corporate greed is always an issue but what we are speaking of has nothing to do with greed. Now college football IS being destroyed by corporate greed but the rest of these bad corporate decisions are agenda based.
It sounds like a you problem with your imagination. Your assertion seems quite ridiculous as I have certainly never observed it nor heard such a thing from anyone else. I've worked with many boomers and found them very hard working and rather humble comparatively speaking. I fail to see where this has any connection to the comment you attacked any way. He was capitulating with a rather meek attitude.
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We’re discussing Disney, not Anheuser Busch.
Disney’s issues have nothing to do with any agenda. Disney faces challenges due to business decisions and dramatic shifts in the markets in which they operate.
Their level of debt is a tad bit high due to the Fox acquisition and bonds issued to cover expenses during the COVID shut downs. Those have nothing to do with agenda.
Their streaming business is losing money because they went hog wild spending money on new content and focused exclusively on subscriber growth. In other words, they sacrificed profitability for top line revenue. That is a business decision and has nothing to do with any agenda.
Their linear TV business, ESPN in particular, is getting hammered on the revenue side by cord cutting and squeezed on the cost side by the rising costs of securing sports rights. And cord cutting is being driven by the fact that they kept increasing the price of their channels to the point where people started questioning whether their cable bills are worth it.
None of Disney’s issues have anything to do with politics. These are business issues.
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Yeah, I had picked up spectrum streaming for the Reds but signed up for YouTube TV today and dropped spectrum.
I will. You attacked someone and your attack was nonsensical. You just took an opportunity to bash boomers even though it was completely unrelated. Your dismissive retort does not fit here.
Oh I agree. But they did produce that stuff to make money and then decided it was more profitable to put them in a vault and take a tax write off on it... and they have a streaming service that needs content. Same with the Galactic Star Cruiser hotel. Almost $1billion to build this star wars themed hotel that everyone was telling them sounded like a bad idea... and they locked the doors on it after 18 months and are taking a tax write off on that too. They are going to lose over a $1billion on their movies this year and that won't show up on the books until a year or 2 because of how they fund them with loans instead of funding it themselves.
ghorn pointed out that their profits went up quarter to quarter... but their cash fell by almost a $1billion that quarter. No matter how much money you make you can't keep spending more than you take in for an infinite timeframe.
Wait until next week trying to explain the difference between ESPN Plus and SEC Network Plus.
I’m dropping them before next weekends games. I missed our opener and I don’t want to miss Alabama/Texas next Saturday
This is what I do for a living dude. I'm not arguing it with people that are just here to play politics. Disney will be here long after you and I are dead.
I'm sure they charge YouTube as well. No way that's free. Yes right now it's probably less than they charge cable, but that will quickly change if they see subscribers vastly increase based on this dispute. Right now it's probably a loss leader for them but rest assured the prices will skyrocket once they are in position. Same for YouTube
For consumers, the best situation is numerous companies vying for your business. Everything consolidating to YouTube is not a good outcome for consumers.
They actually charge YouTube TV a bit more per subscriber than they do large cable companies, because YouTube TV isn’t as big and can’t command the same discounts.
But you’re missing the point. Spectrum has 14.7 million subscribers. Of those, only 3.7 million watch Disney’s channels. Those are the subscribers who potentially switch to YouTube TV, Hulu Live, etc.
The remaining 11 million Spectrum subscribers aren’t affected by the Disney dispute because they don’t watch those channels. Disney had been collecting about $1.6 billion annually from those subscribers. If Spectrum drops Disney entirely, Disney loses that revenue.
Well how often do healthy co's lose 40% of their stock value in 12 months? Do you know about the Hulu deal with Comcast? I'm purposely leaving out politics because that is what causes people to automatically defend poor business decisions by Iger and Chapek. They will be here long after we are dead. But in what form? One investor wrote a thesis on splitting Disney in half and the healthy half would still be worth the same amount as the whole is now. That is a lot of dead weight that profitable parts are having to carry.
Here’s some unsolicited advice, so take it for what it’s worth.
If you run around saying Disney is losing money because they’re “woke”, all you’re doing is letting people know you that you don’t understand how Disney’s business works.
Disney’s issues have nothing to do with politics.
Disney could yank a lot of channels from spectrum at any time they see fit, then offer them as a stand alone streaming service . Getting $10+ per month out of every spectrum bill to boost balance sheet to make them more attractive to sell…then ditch spectrum and cause more chord cutting seems bad for the cable companies .
I’ve been an actuary for 22 years. I’m not arguing what I know vs what you think. Disney is one of the healthiest companies on earth.
Yep , and the ones they’re arguing over now ( espn, etc ) could and will get pulled at any time
You could make an argument their box office is taking an unnecessary hit. Indiana Jones , Lightyear , little mermaid , haunted mansion and others will end up about $900 million in the hole for 2023 ….no reason for that and they weren’t expecting it.
The issue is quality, not politics.
Indiana Jones bombed because no one wants to see an elderly Harrison Ford in an Indiana Jones movie about time travel. It’s an absurd concept, regardless of any perceived political bent. You have people like Kathleen Kennedy who are too involved with content decisions when that’s not their strong suit. The result is they’ve churned out a lot of low quality content.
And the movie business isn’t one of the biggest challenges that Disney is facing. Movie studios often go through boom and bust cycles. Disney has bigger issues with their streaming and linear tv businesses, and those have absolutely nothing to do with politics. They just don’t.
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Disney thinks they have all the leverage which is why they pulled the service. Hope you're right and this bites them but guess we will see
I agree with you that Disney believes they have leverage here. That’s why Disney has pulled this same stunt in the past couple of years with Dish, YouTube TV, etc.
My point is simply that if Disney asked for too much of a price increase, then they risk diminishing that leverage greatly. And if that happens, Disney also stands to lose a sizable amount of revenue (i.e., Spectrum won’t be the only one feeling some pain).
The business model for a channel like ESPN is similar to the business model for health insurance. In health insurance, premiums collected from the majority of people who are healthy are used to fund the costs of treating the sick. Similarly, cable fees from the majority of people who never watch sports are used to fund channels like ESPN.
ESPN needs to keep these non-sports watching cable subscribers, and Spectrum accounts for almost 20% of ESPN’s subscribers. The Spectrum contract has been ESPN’s most important deal over the past few years.
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Damn you and your facts. How am I supposed to make this political now? You telling me the guy on Fox was wrong?
If you think politics don’t play a roll in Disneys demise, you are an idiot, a democrat or not paying attention. See Bud Light for a perfect example.
The reason their movies do so bad is because they are full of woke BS that most are absolutely tired of. And they suck.
The reason their movies do so bad is because they are full of woke BS that most are absolutely tired of. And they suck.
Espn has moved the US Open to ABC this afternoon so I can at least get that on my local affiliate.
Or you’re a conservative who takes the time to do their homework.
Disney isn’t Bud Light and what’s happening to Bud Light isn’t relevant to what’s happening at Disney. They’re not even remotely close.
Disney’s issues aren’t political and the facts and financials back that up.
If you want to make everything you see political, then I’d suggest you head over to the political thread on the Paddock. That’s the purpose of that thread.
LMAO. I know where the politics board is. Pretty sure I wasn’t the one to bring politics up was I? Smart guy? Also, the first sentence makes zero sense, are you making fun of me because I’m conservative that does his homework? Lol. What a zinger there.
You act like your shit don’t stink and you are knower of everything. You aren’t.
Also, oh wise knowing one, tell me why Disney is losing money out the ass if isn’t politics? This should be good.
And you are a Dem right? The pack of dogs and rock thing Cal likes to say fits good here.
Tell me the culture war thing excites you without telling me it excites you.
First, there is no demise of Disney. If you actually think Disney will cease to exist soon then you're in a bubble that just isn't reality. Second, Disney requires content for their platform. Some of that content, like The Mandalorian, works. Other content, such as that awful looking Hulk lawyer series, doesn't. Same with Max. There's an awful looking love on an island reality show on there. Would that exist if HBO was just HBO and didn't have a streaming service that needed constant content? No. Third, my guess is Disney has been "woke" (whatever that term even means now) for generations. It's pretty clear the content they're putting out currently isn't working, because it apparently sucks. Disney hit a grand slam with the Marvel stuff and now they need to hit the reset button and come up with better ideas. Fourth, you sound pretty upset and I'm not sure exactly why. You're putting a lot of emotion into the topic of Disney. Just maybe enjoy your Labor Day weekend and stop looking for corporate enemies.
We've all got personal predictions, but the amount of "hahaha Disney is going under hahaha" prediction by some on this site is sorta weird and again, just isn't reality. It's like saying Taylor Swift won't be famous in two years. I mean, okay. Doubtful, but okay.
The only reason Disney is “profitable” is because of the parks. Look it up. Even those aren’t doing as well as they once were. Especially with DeSantis putting his foot up their ass in Florida.
Disney is losing 10’s and 100’s of millions of $ on their shit movies. I mean, the data is out there. And nobody said Disney is gonna go under, at least I didn’t but they are losing a shit ton of revenue and that’s just facts man.
I really don’t care that much about Disney or what happens to it honestly. I just don’t watch.
And to the fella that said I like the “culture wars” or whatever he said. If you mean if I like it that it finally got to a point that Americans are finally acting like Americans and sticking up for their beliefs/values and taking their country back from the socialist/Communist, the alphabet community and other protestors, you are got damn right I am and will never apologize for it.
Also, maybe instead of Bud Light, I should have went with Target. Get political and make a product people don’t like, you lose money. That equals Disney at the moment. Once again, facts.
In addition to the parks business, Disney’s products business is profitable, the Cruise line is profitable, its TV business is profitable, its content distribution business is profitable, etc. It’s not simply the parks business that is profitable.
The only portion of Disney’s business that is losing significant money at the moment is their streaming business. And their streaming business is not profitable due to two primary reasons: 1. content and marketing expenses are too high, and 2. the price (i.e., average revenue per user) is too low. Neither of those issues are related to politics. They are the result of choices Disney made to drive subscriber growth rather than focusing on profitability, and Disney has now switched course and is addressing both issues.
The issues at Disney are business issues, and they are in no way comparable to Bud Light or Target.
Lol okay guy. You keep going to see alphabet characters in the Disney movies. I, like MANY others(facts, check the numbers) will continue to not watch the crap. Mm Kay?
