Posted on 11/18/2022 2:12:40 PM PST by NeverCheney
Disney’s Q4 earnings report saw the company take some major wins (like 12.1 million subscribers new to Disney+) but also some major losses — including a $1.5 billion loss of DTC, a revenue total ($20.15 billion with earnings of 37 cents per share) that fell short of Wall Street’s projections, and shares that fell 7%, the lowest in two years. In the wake of those earnings, CNBC “Mad Money” host Jim Cramer has a fairly radical suggestion for the corporation — get rid of CEO Bob Chapek.
“Disney, they have ESPN. If we were on ESPN, we would say he’s got to be fired. That’s pretty cut and dry,” Cramer said on CNBC’s business news program “Squawk Box” Wednesday morning. “The losses here are just mind-boggling. When you’re going over the quarter, it’s stunning.”
(Excerpt) Read more at indiewire.com ...
Called the meth weirdo thief the “next JP Morgan”
Disney is trash.
Provide your kids/grandkids the movies up until the mid nineties, and nothing after that.
Wait till Indiana Jones 5 comes out and BOMBS!
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