Go Woke, Go Broke: Disney Edition

7,423 Views | 80 Replies | Last: 1 yr ago by bmc13
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captkirk
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Quote:

Wait, what? Streaming? ABC News?
Worked well for CNN+
1876er
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Paramount, Universal, and Warner Bros are struggling too. It seems going after Netflix was a bad idea short term. MI:7 doesn't appear to be blowing up the box offices either. It'll need huge staying power like Top Gun to make any money. The Flash was a bust.
bmc13
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1876er said:

Paramount, Universal, and Warner Bros are struggling too. It seems going after Netflix was a bad idea short term. MI:7 doesn't appear to be blowing up the box offices either. It'll need huge staying power like Top Gun to make any money. The Flash was a bust.


I just saw M:I7 last night. It was actually pretty entertaining. Nearly full theater too.
rausr
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Rapier108
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1876er said:

Paramount, Universal, and Warner Bros are struggling too. It seems going after Netflix was a bad idea short term. MI:7 doesn't appear to be blowing up the box offices either. It'll need huge staying power like Top Gun to make any money. The Flash was a bust.
I think part of it is the world has not recovered from the psychological damage caused by the WuFlu and the response to it.

A lot of people just will not go to the movies anymore out of fear of being in a crowd. There are people who are still living in fear of the virus and will do so until the day they die.
"If you will not fight for right when you can easily win without blood shed; if you will not fight when your victory is sure and not too costly; you may come to the moment when you will have to fight with all the odds against you and only a precarious chance of survival. There may even be a worse case. You may have to fight when there is no hope of victory, because it is better to perish than to live as slaves." - Sir Winston Churchill
dreyOO
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TexAgs91 said:

Disney's streaming services have been losing money and subscribers Disney+ lost 4 million subscribers last quarter. Streaming is expected to have hit a total loss of $800 million in the third quarter.
LOL, my household is one of those 4 million drops. We were initially just putting them in the penalty box for June b/c I'm sick of the propaganda aimed at my kids...but my wife has forbidden me from restarting the service

They've done pissed off my Latina wife!
TexAgs91
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dreyOO said:


They've done pissed off my Latina wife!
We have rules!
"Freedom is never more than one election away from extinction"
Fight! Fight! Fight!
Prosperdick
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C@LAg said:

Prosperdick said:

Logos Stick said:

Prosperdick said:

One other note on the Little Mermaid is that the companies who produced the tie-in merchandise took such a bloodbath that now for movies like Snow White and the Seven Figure Loss, those same companies have contract language that makes Disney purchase back everything they can't sell...that will just further exacerbate their losses.


Snow White and the Seven Figure Loss....

LMAO.

Yeah, it's gonna be a bloodbath for that movie too.

Disney is lost.
What's ironic is they'll be PRAYING for just a seven figure loss...eight figures is certainly on the table.
it would be much higher than 7 figures. that is just a play on 7 dwarves.

they would do better to cut bait and run at this point.

1. still in production, so could save on all the FX editing, post production work.

2. save on the advertising to try to salvage this.

all for a movie no one was asking for and no one wants.

they would be better off taking their loss and write-off NOW.
I just read that Warner Bros just did exactly that with Batgirl. 100 million dollar movie completed that will never be released so they can write it off as a tax loss.

Disney would be wise to follow their lead.
aggiehawg
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Quote:

I just read that Warner Bros just did exactly that with Batgirl. 100 million dollar movie completed that will never be released so they can write it off as a tax loss.

Disney would be wise to follow their lead.
You need revenue/profits to write off losses for taxes.
bmc13
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