DIS Shareholders and Stock Info ONLY

[Jrb1979]

@john7994 you laugh but there is a lot of kids videos on YouTube. She loves Blippi

 

[_19disnA]

Stocks of most companies have declined so far this year, so that really isn't something specific to Disney and probably would have happened regardless of who was running the company. When there are general market pullbacks, even stocks of companies who remain profitable will likely decline as well. Articles that make sweeping generalizations about 'employee morale' are usually just the opinion of the author. There isn't really any objective way to measure 'morale' and the fact a few people at a company say negative things to the person writing article doesn't really prove anything.

 

[john7994]

@john7994 you laugh but there is a lot of kids videos on YouTube. She loves Blippi

I would be disappointed if you were letting them watch Disney

 

[Jrb1979]

I would be disappointed if you were letting them watch Disney

She does watch Disney videos but just whatever appears on YouTube. The only streaming service we do have is Netflix and it's not a constant thing. It depends on if there is something new we want to see. As a family we really don't subscribe to any streaming services.

 

[RivShore]

They could have buffered themselves better had they not tried to grow profits so quickly the past 10 years or so. With Disney now positioned as a truly luxury item it will be one of the first to go during inflation and a recession

That may be true for some parts of the company but not all - that's the beauty of having different lines of business in different industries. While the"luxury" park travel and cruises will be hit, recession after recession shows that people search out entertainment at home, i.e. D+ and the networks, and lower cost days out, like the movies. So while half the company takes a hit the other does OK.

 

[john7994]

She does watch Disney videos but just whatever appears on YouTube. The only streaming service we do have is Netflix and it's not a constant thing. It depends on if there is something new we want to see. As a family we really don't subscribe to any streaming services.

Careful ... she might become a fan! We have a few subscriptions (including Disney+), but TV other than a few shows here and there, is thankfully less of a priority these days.

 

[_19disnA]

That may be true for some parts of the company but not all - that's the beauty of having different lines of business in different industries. While the"luxury" park travel and cruises will be hit, recession after recession shows that people search out entertainment at home, i.e. D+ and the networks, and lower cost days out, like the movies. So while half the company takes a hit the other does OK.

It could also mean that top management is spread too thin among various unrelated businesses they aren't that experienced with. No one can be an expert in everything. While it sounds great in theory to have a diversified company with different divisions moving in opposite directions when there is a recession, it could also mean the 'experts' in the room aren't really very good in areas needing the greatest attention.

 

[New Mouse]

It could also mean that top management is spread too thin among various unrelated businesses they aren't that experienced with. No one can be an expert in everything. While it sounds great in theory to have a diversified company with different divisions moving in opposite directions when there is a recession, it could also mean the 'experts' in the room aren't really very good in areas needing the greatest attention.

To be fair Disney's execs haven't been the best and the brightest for some time now. Even in the upper ranks they don't pay comparable to other big name companies.

 

[_19disnA]

I am not convinced paying more money to hire people to fill some of the top positions would necessarily yield a better result. Just over 2 years ago, no one had ever heard of covid, so the way various companies responded was something they had to figure out as they went along. There isn't any CEO or other top level executives who had experience navigating a global pandemic regardless of how much they were getting paid.

 

[RivShore]

As someone said above rumors may be based on very little - case in point, all the rumors about who would succeed Iger with never a mention of a Chapek:

https://nypost.com/2016/04/05/some-big-name-execs-are-taking-aim-at-disneys-top-job/

 

[wabbott]

As someone said above rumors may be based on very little - case in point, all the rumors about who would succeed Iger with never a mention of a Chapek:

https://nypost.com/2016/04/05/some-big-name-execs-are-taking-aim-at-disneys-top-job/

Most of these types who claim the inside track are practicing an old tried-and-true technique known "as talking your book."

https://www.yourdictionary.com/talking-one-s-book

"A statement made by a trader or hedge fund manager expressing his or her opinion that a stock or other investment is a good buy. The statement is made without expressly stating that the trader him- or herself owns the stock and stands to profit if the stock price goes up. Book is another term for a trader’s portfolio of investments."

 

[wabbott]

Here's Variety, allegedly on of the "must reads" of Hollywood.

https://variety.com/2022/tv/news/peter-rice-disney-leave-abc-news-1235289876/

Jun 9, 2022 4:08pm PT
The Shocking Disney Shakeup: Why Exactly Was Peter Rice Ousted?
By Brian Steinberg, Cynthia Littleton

"Rice’s biggest management challenge during his Disney tenure came with ABC News. Sources there said the rank and file often waited for him to articulate his plans in bigger, bolder fashion."

 

[wabbott]

Here is some hard data on what is happening to another highly visited tourist location in the US.

https://www.nps.gov/yell/learn/news/220608.htm

News Release Date: June 8, 2022

MAMMOTH HOT SPRINGS, WY – Parkwide vehicle entries over the Memorial Day weekend in 2022 showed a 34% decrease over the same weekend in 2021.

Visitation statistics (*vehicle entries) per day for May 27-30, 2022, compared to May 28-31, 2021, are listed below.

 

[wabbott]

Behind a paywall.

https://variety.com/vip/coming-to-grips-with-disneys-era-of-unforced-errors-1235291585/

June 12, 2022 6:00am PT
Coming to Grips With Disney’s Era of Unforced Errors

• The series of management errors that have cast a cloud over CEO Bob Chapek’s reign at Disney
• A dissection of the awful optics surrounding the mysterious termination of top TV exec Peter Rice
• The difference between the leadership styles of Disney chief Bob Iger and Bob Chapek

 

[wabbott]

https://www.wsj.com/articles/cruise-line-pricing-is-lost-at-sea-11655038802

Cruise-Line Pricing Is Lost at Sea
Cruise companies are lowering prices even as expenses swell
Cruise lines have been lifting occupancy limits on ships as Covid restrictions relax, and they now appear to be discounting to fill summer voyages.

By Laura Forman - June 12, 2022 9:00 am ET

Even if you have sworn to yourself never to sail again after Covid-19, there may be a price that tempts you. Mainstream cruise lines need you.

Amid sky-high hotel prices, the best accommodation deals this summer are at sea level, literally. Cruise review site Cruise Critic noted that prices for summer cruises are currently as low as they have been since the industry restarted in 2021. The current average cost of a five-night Caribbean cruise starts at $100 per day, according to Cruise Critic, including accommodations, meals and entertainment. That’s about 10% less than the average daily rate for a midrange U.S. hotel last month, according to hotel data provider STR.

 

[RivShore]

Behind a paywall.

https://variety.com/vip/coming-to-grips-with-disneys-era-of-unforced-errors-1235291585/

June 12, 2022 6:00am PT
Coming to Grips With Disney’s Era of Unforced Errors

• The series of management errors that have cast a cloud over CEO Bob Chapek’s reign at Disney
• A dissection of the awful optics surrounding the mysterious termination of top TV exec Peter Rice
• The difference between the leadership styles of Disney chief Bob Iger and Bob Chapek

FYI, this was not behind a paywall for me.

 

[RivShore]

Behind a paywall.

https://variety.com/vip/coming-to-grips-with-disneys-era-of-unforced-errors-1235291585/

June 12, 2022 6:00am PT
Coming to Grips With Disney’s Era of Unforced Errors

• The series of management errors that have cast a cloud over CEO Bob Chapek’s reign at Disney
• A dissection of the awful optics surrounding the mysterious termination of top TV exec Peter Rice
• The difference between the leadership styles of Disney chief Bob Iger and Bob Chapek

Wow, the Bob 2.0 haters will love this article. Much of it is just pointing out the lack of common sense. With this dismissal being so public and without explanation, isn't any potential new hire going to think twice??

It’s Chapek's willful blindness to the optics here that I can’t get over. Maybe Rice did something so egregiously out of character that termination was justified, but deliberately not providing him or the industry an explanation looks so bad. It sends exactly the wrong message to an industry and his own company at precisely the wrong time, a period in which Chapek has already given everyone around him so much to distrust. It speaks to a basic lack of common sense.

 

[OKW Lover]

https://www.wsj.com/articles/cruise-line-pricing-is-lost-at-sea-11655038802

Cruise-Line Pricing Is Lost at Sea
Cruise companies are lowering prices even as expenses swell
Cruise lines have been lifting occupancy limits on ships as Covid restrictions relax, and they now appear to be discounting to fill summer voyages.

By Laura Forman - June 12, 2022 9:00 am ET

Even if you have sworn to yourself never to sail again after Covid-19, there may be a price that tempts you. Mainstream cruise lines need you.

Amid sky-high hotel prices, the best accommodation deals this summer are at sea level, literally. Cruise review site Cruise Critic noted that prices for summer cruises are currently as low as they have been since the industry restarted in 2021. The current average cost of a five-night Caribbean cruise starts at $100 per day, according to Cruise Critic, including accommodations, meals and entertainment. That’s about 10% less than the average daily rate for a midrange U.S. hotel last month, according to hotel data provider STR.

As somebody who cruises frequently (6 planned for this year) on DCL, RCL and Celebrity I'd say this story is incorrect. Looking at my cruises the prices are significantly higher this year than previously.

 

[Disney Bobby]

Stock is at $95 right now. wow

At this rate, this board might be able to start up a fund to buy Disney and fix all the stupid.

 

[OKW Lover]

Pretty much every stock is down today.