DIS Shareholders and Stock Info ONLY

[TheDailyMoo]

So many blunders in so little time:

- Losing Tom Staggs and Kevin Mayer
- Decision to build Shanghai Disneyland after both Hong Kong and Paris were abysmal financial failures for years (even decades)
- Letting the domestic parks stagnate
- 20th Century Fox acquisition that netted the company nothing
- Decision to create TWO SEPARATE streaming services and green light enormous streaming budgets for unproven sub-franchises
- Letting Bob Chapek ruin the Disney difference in the Parks & Resorts by jacking up prices, cutting entertainment, cutting services and building cheap attractions
- Promoting Chapek to CEO
- The complete decimation of Walt Disney Imagineering

The list goes on and on.

I mean...yup.

Staggs and Mayer should've duked it out for CEO. I personally think Kevin would've been the best option although Staggs may have kept it a little more old school. Either way Chapek should never have been CEO and Iger needs to hit the damn road already! But he won't leave while his legacy is in the dumps at this point. He's definitely trying to buy more time with his 2 extra years so that he can leave on a positive note.

 

[Jwaire]

Staggs and Mayer should've duked it out for CEO. I personally think Kevin would've been the best option although Staggs may have kept it a little more old school.

They're obviously friends that work well together. Otherwise, they wouldn't have chosen to continue working together.

They were even willing to COME BACK to help Iger. What's that tell you?

Announce you are acquiring Candle Media, name one of them to incoming CEO and the other one to incoming President — like today already.

 

[RivShore]

They're obviously friends that work well together. Otherwise, they wouldn't have chosen to continue working together.

They were even willing to COME BACK to help Iger. What's that tell you?

Announce you are acquiring Candle Media, name one of them to incoming CEO and the other one to incoming President — like today already.

Co-CEO's worked for Netflix, it could certainly work here as a way to keep them both.

 

[RivShore]

Didn't Disney pay that for Fox?

When you take cash and divestitures into account it was more like $50M but point well made!

 

[Jwaire]

Emotions and stocks do not go together

There are a few exceptions. Convincing my grandpa back in 1998 that Steve Jobs was going to change the world, did him fairly well.

Disney is an American icon. It ranks up there with Apple and Coca-cola. I don't count that out and that's all emotion.

Co-CEO's worked for Netflix, it could certainly work here as a way to keep them both.

Absolutely. Just give me Tom Staggs back over Parks.

 

[HokieRaven5]

Didn't Disney pay that for Fox?

Disney’s deal for Fox initially was $69.5B which included $35.7B in cash and $33.8B in stock (valued at $110.00) at the time of close.

Then Disney divested a few components as previously mentioned.

 

[clarker99]

Pretty hilarious how people react to single day movement.

 

[Jrb1979]

Pretty hilarious how people react to single day movement.

It's not just one day. It's been going this way for a while now.

 

[TheDailyMoo]

Pretty hilarious how people react to single day movement.

I'm sorry but it's funny how you dismiss 2 years of straight plummeting. To be lower in stock price than when their whole business was shut down and making zero money? That may just be the most Disney apologist thing ever.

 

[clarker99]

NFLX was down almost 5%…

The whole market is red. QQQ down >2%

Today was a Wall Street bloodbath.

Disney down over time is not good, obv. But today was just a bad trading day across the board.

 

[clarker99]

I'm sorry but it's funny how you dismiss 2 years of straight plummeting. To be lower in stock price than when their whole business was shut down and making zero money? That may just be the most Disney apologist thing ever.

The market is not rational. Just like when DIS flirted with $200/share. That made as little sense as it being in the low $80’s today.

 

[wabbott]

https://nypost.com/2023/08/24/disney-amazon-in-talks-about-espn-streaming-partnership-report/

Disney, Amazon reportedly in talks about ESPN streaming partnership
by Reuters
August 24, 2023 7:07pm EDT

Amazon is in early talks with Walt Disney about working on the streaming version of ESPN it is developing, while possibly also taking a minority stake in the sports network, the Information reported Thursday, citing people familiar with the matter.

Disney and ESPN are still in the midst of determining an appropriate price for the new service, the report said.

Disney CEO Bob Iger has said he wants to keep ESPN and look for strategic partners.

ESPN is considering charging between $20 and $35 a month for the new streaming service, which could make it the most expensive streaming service in the US, the report added.

Amazon.com, Walt Disney and ESPN did not immediately respond to Reuters requests for comment.

In July, Disney CEO Robert Iger told CNBC that his company wants to keep ESPN and look for strategic partners to form a joint venture or buy a stake in the sports network to help take it directly to consumers.

https://www.theinformation.com/arti...778-Linkbux&utm_term=https://www.ecomnia.com/

 

[clarker99]

Netflix shares are trading at 2018 levels and they are going to have record high operating income. Makes sense.

 

[TheDailyMoo]

NFLX was down almost 5%…

The whole market is red. QQQ down >2%

Convenient to leave out how QQQ is almost at the same highs as it was when Dis was at 200. And NFLX is down from it's ATHs but not 60%! And I would garmer that 99 out of 100 people would rather own NFLX than Dis at this point. Dis is the dog of the Dow unfortunately and there's no way to defend that no matter how many pairs of Rose colored glasses you put on.

 

[clarker99]

Convenient to leave out how QQQ is almost at the same highs as it was when Dis was at 200. And NFLX is down from it's ATHs but not 60%! And I would garmer that 99 out of 100 people would rather own NFLX than Dis at this point. Dis is the dog of the Dow unfortunately and there's no way to defend that no matter how many pairs of Rose colored glasses you put on.

 

[fatmanatee]

Convenient to leave out how QQQ is almost at the same highs as it was when Dis was at 200. And NFLX is down from it's ATHs but not 60%! And I would garmer that 99 out of 100 people would rather own NFLX than Dis at this point. Dis is the dog of the Dow unfortunately and there's no way to defend that no matter how many pairs of Rose colored glasses you put on.

Netflix was down over 70 percent at one point, they had a more precipitous drop and have since recovered somewhat.

 

[RivShore]

NFLX was down almost 5%…

The whole market is red. QQQ down >2%

Today was a Wall Street bloodbath.

Disney down over time is not good, obv. But today was just a bad trading day across the board.

The one day drop was not bothering me, the market does what it does in the short term.

What bothered me is that it's below Covid lows back when the future of the planet was the darkest since what, WW2? What bothered me is that its now below what it was pre-Fox merger, so that net purchase of $50B has all but evaporated. What bothers me is that management has not said a thing while the stock price has gone back to 2014 - how about explaining to the street why its being mis-priced by the market and is worth so much more. No matter how you slice it, its disappointing for this many decade holder of this stock.

 

[Elijah Abrams]

Then Disney divested a few components as previously mentioned.

I think all that was divested was Sky, which went to Comcast.

 

[HokieRaven5]

I think all that was divested was Sky, which went to Comcast.

Regional Sports networks from Fox were divested as well for $10B to Sinclair Broadcast group.

The Fox ownership of the YES Network was repurchased by the New York Yankees for $3.5B

 

[jkh36619]

9 year low