Oryx
July 13, 2023, 10:18pm
61
But stock trading is largely controlled by profits. . .
2 Likes
Disney stock keeps falling. They got woke, and are going broke. Just from people voting with the channel changer.
1 Like
That’s not why their stock is falling… catching slogan tho:. So one must use it everywhere
Smyrna
July 14, 2023, 7:13pm
65
They need to get @biggestal99 on their payroll to advise them. He 's bizness man.
2 Likes
i know the difference between market cap and profits, if thats what you mean.
my company lost 100,000,000,000 in market cap in 2022.
my company made 20,000,000,000 in profits in 2022.
Allan
Samm
July 14, 2023, 9:02pm
67
So … why is their stock falling?
2 Likes
The spend more money than they take in on Movies and Disney plus.
The have over 1/3rd of the top 10 highest grossing films this year, in a down box office overall. And have the third largest streaming platform.
Woke is not keeping people from watching their movies.
Apparently Secret Invasion had a 212 million budget for six episodes.
I’m going to give it a try but it looks mediocre and that’s hilarious.
1 Like
Samm
July 14, 2023, 9:12pm
71
PurpnGold:
They spend more money than they take in on Movies and Disney plus.
The have over 1/3rd of the top 10 highest grossing films this year, in a down box office overall. And have the third largest streaming platform.
Woke is keeping people from watching their movies.
So then the obvious question is, why are they taking in less money?
The same reason all studios are… people aren’t going to the movies like they did pre Covid. They would rather wait to stream it.
Samm
July 14, 2023, 9:16pm
73
And why is that? Could it be for the same sort of reason that they no longer drink Bud Light?
2 Likes
WuWei
July 14, 2023, 9:26pm
74
Disney’s streaming service must be really crushing it?
1 Like
Doesn’t seem to be the case when 1/3 of the top 10 is Disney.
Samm
July 14, 2023, 9:42pm
76
So again … why are they losing money?
That’s rhetorical. They are losing money because their revenue from those top ten movies is less than they anticipated, because fewer people than they expected are paying to see them.
Kinda like what happened to Bud Light sales expectations.
1 Like
Samm:
So again … why are they losing money?
That’s rhetorical. They are losing money because their revenue from those top ten movies is less than they anticipated, because fewer people than they expected are paying to see them.
Kinda like what happened to Bud Light sales expectations.
Due to woke?
That is what I was disputing. The cause of less revenue…
To be fair they release three times as many movies every year as every other studio.