Posted on 07/21/2023 11:39:12 AM PDT by Robwin
Even though the S&P 500 Index has jumped double digits, Disney’s stock is almost at its 5-Year Low. Market opening on Friday, July 21st, saw Disney’s stock at 86.54, nearing its 5-year low of 84.07.
This stock price decline is believed to have erased around $16 billion from the company’s market value. Now, there’s speculation that Iger is thinking about selling the company to Apple or at least selling the noncore pieces of the business.
(Excerpt) Read more at planneratheart.com ...
Let me guess, the new Snow White will be black with a big chip on her shoulder after Mom and Dad shipped her off to some small, cramped cottage when she could’ve been hanging out in the palace!
Iger essentially ran Disney until January 2022.
Every movie that has crashed and burned in the last 18 months was an Iger movie.
Iger's compulsive idea to go to war with Governor DeSantis over Disney tax breaks and Sex Shows for children landed on the new CEO's desk, not on Iger's desk.
So, how did the Disney Board of Directors decide to solve this sudden avalanche of financial problems?
They fired the new CEO - and, they made Iger CEO and Executive Chairman again!
It’s a Small World, after all !!....
The “noncore pieces”?
I think that is French for the “not porno or pedophile pieces”.
I’ve read many articles on financial sites regarding Disney’s woes and not a one mentions the “woke” movies that push the GIBLET lifestyle on children. None mention that most parents just do not want their children exposed to that lifestyle. None make note of the fact that Disney brought it on themselves and refuse to reverse course.
I have no sympathy for Disney and am delighted when I see that their stock price continues to fall.
Get woke, go ....... oh you know....the thing!
Iger RESIGNED in early 2020 when Covid was first becoming a household word.
He did this (apparently) to lock in his stock options and retirement bonuses while stock price was very high.
The boneheads on the Disney Board of Defectives are all complicit in the Iger-Grift ….. IMO
Chapek.
Raw deal? Who really knows?
And why does anyone care?
Sell off ESPN back to people who will do Sports, not politics. ESPN doesn’t stand for ‘Entertaining Sports with Politics Network’
Walt would hate what his company became...
In August 2020, just under two-thirds of the stock was owned by large financial institutions.
According to CNN Business News, the Vanguard Group, Inc. is the largest shareholder of Walt Disney Co. with a 7.49% stake. Some of the other top shareholders of this company include BlackRock Fund Advisors, SSgA Funds Management Inc, and State Farm Investment Management.
You mean, like the reboot of Dirty Snow and the 7 very short perverts? 🤓
Latondra? Sounds like the next name for a reboot of Cinderella, and the Prince will be a Chicago thug...🤓. Instead of being stepsister, she will have a white stepsister who will be doing the cleaning while she goes to the ball. The fairy godmother, a Mentally ill guy who thinks he’s a female, saw that Cinderella is white and refused to help. 🤓
Disney will buy that.......so “woke.”
They are going to buy Hulu so they need cash to do it…
This isn’t exactly news and they were going to have to
Sell off parts to have the cash to do this regardless of whether their movies were bombing or successful
Stockholders should sue the sh-t out of the Disney board.
Latondra.
It’s interesting to see the Disney business model in action on how to destroy an American icon. Waiting for Soros to buy up the stock when it hits bottom.
I’m a pass holder & have the same wait-time app.
I was at Disney the first half of June. The drop-off in guests starting in the afternoon was significant, given that we’re in school vacation season.
I just looked at the wait times. They’re the same as June, when I saw the drop-off first hand.
“So while they have almost 158 million Disney+ subscribers”
How pathetic is that. Maybe that demented fluck Biden did get 81 million votes with an idiot populace like that.
bloomberg.com
Disney Considers Delaying Some 2023 Movie Releases Over Strikes
(REALITY CHECK more like they’re hiding losses on even more DEI movie flops)
By Thomas Buckley
July 24, 2023 at 1:36 PM EDT
Walt Disney Co. is reviewing its schedule of film releases through the rest of the year and may delay some titles because striking actors won’t help promote the pictures, according to people familiar with the matter.
The discussions are at an early stage, but could impact films including Poor Things, Next Goal Wins, Wish and Magazine Dreams, which are all slated for release this year. Any changes will depend on the outcome of the review, said the people, who asked not to be identified discussing internal matters.
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