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Economy
Reports of Disney's Death Are (Not?) an Exaggeration
2023-11-28
[PJ] As Disney's two-time CEO Bob Iger prepares to host the company's annual town hall on Tuesday to provide "hints or guidance for what the next phase of 'building' will bring after the problem-solving phase," it's time to ask if Iger is able "to 'quiet things down' after years of culture wars."

The first quote comes from a Hollywood Reporter item on Monday detailing the company's Wall Street woes. Traders and managers will be watching Iger on Tuesday for "possible color, body language or even outright updates on various topics," ranging from the company's ongoing series of box office flops to troubles at their fabled theme parks.

The second quote is courtesy of Jonathan Turley. His Monday column — almost in time for Adam Smith's 300th birthday — shows how Smith's "invisible hand" has undone the company's woke agenda. Disney is now "negatively associated with activism by a significant number of consumers," Turley writes, and is "even reporting a decline in licensing revenue from products associated with Star Wars, Frozen, Toy Story and Mickey and Friends — iconic and once-unassailable corporate images."
Posted by:Besoeker

#16  Disney is doing so well the Woke Mafia went after Youtube all media observers who dared say anything bad wrong - badrong - about The Marvels in a deplatforming attack.
Posted by: swksvolFF   2023-11-28 18:05  

#15  ...that its time.
Posted by: Procopius2k   2023-11-28 15:22  

#14  The level of parody from their generated ire:


Actual Ad for The Marvels:


Next in The Pipeline:


What do you think?
Posted by: swksvolFF   2023-11-28 14:06  

#13  It's no longer about making money. Rather, it's about forcing America to watch as the corpse of a loved one is violated over and over. Some are even forced to participate - all towards shreading our ability to resist what is coming.
Posted by: Rex Mundi   2023-11-28 11:27  

#12   Read Nolte's columns at Breitbart.

Nolte: Disney on Track to Lose Nearly $750 Million Across 13 Films in Historic Year of Box-Office Flops
Posted by: Skidmark   2023-11-28 10:34  

#11  Naked Man Arrested After Running Around Disneyland’s ‘It’s a Small World’ Ride
Posted by: Skidmark   2023-11-28 10:32  

#10  You will know how it's going when Dizney takes a page from Crapple's book and stops reporting revenue broken down in such a way it can be analyzed objectively.
Posted by: M. Murcek   2023-11-28 09:57  

#9  HOT AIR - Another Bad Weekend at the Box Office for Disney (Update)
Posted by: Besoeker   2023-11-28 09:53  

#8  It's not that the shows don't make a return, they do.

No, they don't. Read Nolte's columns at Breitbart. Dizney says movie costs $200 million. Tack on another $100-150 million for "marketing." Movie generates less than the combined $300-350 million worldwide.

That's called "losing money." Bigly.

Before you say "yeah, it was Breitbart," Nolte takes all those numbers from Hollyweird trade press that is totally in the bag for corporations like Dizney. And they can't even hide the mess.
Posted by: M. Murcek   2023-11-28 09:41  

#7  Disney admitted foray into politics, culture wars hurt its bottom line in SEC filing: Jonathan Turley
Posted by: Skidmark   2023-11-28 09:07  

#6  It's not that the shows don't make a return, they do.
It's that the company as a whole is dragging too much overhead to get away with it.
Look for a bloodbath in the marketing and concept development divisions. Won't fix the problems, but they can sit around in the meeting room and say they're doing something about it.
Posted by: ed in texas   2023-11-28 09:00  

#5  In official filing, required by law and subjecting the operating officers to possible liability for misrepresentation, Disney stipulated -

Further, consumers’ perceptions of our position on matters of public interest, including our efforts to achieve certain of our environmental and social goals, often differ widely and present risks to our reputation and brands. per Powerline.
Posted by: Procopius2k   2023-11-28 07:29  

#4  There can be only a very slim minority of people who can consume this.

Yes, there are people whose attention spans are so short that the "message" goes right over their heads. They only see the pretty costumes and CGI effects and forget it all as soon as they have left the theater.

Not the sort of cohort that buys follow-on merch.
Posted by: M. Murcek   2023-11-28 07:01  

#3   it's time to ask if Iger is able "to 'quiet things down' after years of culture wars."


Well.

Bob may have begrudgingly figured it out - especially after this weekend's box office numbers - but I have a feeling it's going to be a case of the inmates running the asylum now. He's first going to have to find/bring in minions willing to toss the nutcases out; and good luck with that in the current Hollywood atmosphere.

But then he has to get rid of the people who are keeping the attitude alive, and I'll bet the house payment that the overwhelming majority of them are of one Protected Class(TM) or another. They'll burn it to the ground before they go quietly.

Mike
Posted by: MikeKozlowski   2023-11-28 06:23  

#2  The Board at Disney needs to face the fact in adopting their New Immoral Far Left, WOKE social position as a business model imagine, it has cost them dearly.

The attendance and bottom line numbers speak for themselves.
Posted by: NN2N1   2023-11-28 06:20  

#1  Of course. The films are shit. The franchises have been... shatted over. Marvel stories don't have the same 'punch' to them. Every new character introduced has some woke angle, I wonder who is consuming all this? There can be only a very slim minority of people who can consume this.

Posted by: Dron66046   2023-11-28 04:01  

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