DIS Shareholders and Stock Info ONLY

[wabbott]

And to do that they must raise prices.

Agreed. But allowing streaming unlimited funds to put out content that people aren't watching isn't a good strategy either. Hollywood's loaded with folks who all too happy to spend someone else's money to keep their lifestyle afloat. Recall how Eisner got snookered by Warren Beatty in the Dick Tracey project.

https://www.parkeology.com/2021/11/dick-tracy-disneys-next-big-thing-that-never-was.html

 

[wabbott]

Alex Sherman

@sherman4949
·
14m

The Disney town hall just wrapped up, and we've got more details. *Iger says no M&A for the near future - happy with the collection of assets he has. *No timing on DMED reorg *Iger joked his wife told him to run Disney again so he wouldnt run for prez

 

[wabbott]

Steve Desaulniers

@steve_desaul


Highlights from Bob Iger's town hall meeting: -Chase streaming profitability, not subscribers -No plans to change hiring freeze plans -Selling to Apple is pure speculation -Have to be smart about restructure, no timeline set -Comfortable w/ assets-no acquisition plans $DIS


12:09 PM · Nov 28, 2022·TweetDeck

 

[wabbott]

https://deadline.com/2022/11/bob-iger-disney-townhall-return-bob-chapek-apple-1235182519/

Bob Iger Tells Disney Town Hall Hiring Freeze Still In Effect, No New Acquisitions Planned & Not Merging With Apple

 

[wabbott]

https://www.hollywoodreporter.com/b...-hall-details-apple-hiring-freeze-1235270555/

Bob Iger Dismisses Megadeal Talk, Says Apple Sale Is “Pure Speculation” and Will Keep Disney Hiring Freeze
"Do I like the company being embroiled in controversy? Of course not," the returning CEO also told staff at a town hall in response to a question about Disney's relationship to politics.

 

[wabbott]

If anyone can find a link to the actual video of the Iger Town Hall, please post it.

 

[GAN]

I agree with you there. Chapek biggest downfall was how he sold the changes. I still believe that most of the changes were planned by Iger. The difference is Iger can make things not look as bad.

If Iger never left, I think they would still have the same issues they have now. A lot has to do with streaming. I just don't see how it will ever be the major profit holder that all companies think it will be. When streaming first came out it was mostly old movies and shows for content with the odd new content thrown in. Now it's more about the new movies and shows and less about the catalogue. The problem is the majority of people use streaming to replace live TV and expect to pay less for it. For these companies to make money off streaming they need to charge closer to $30 to $40 a month each.

Not sure why we keep talking about Iger making changes prior to Chapek …even if he did it’s not significant. Chapek ran the ship -Iger was there if for nothing else, to reassure Wall Street. Chapek could have killed anything he didn’t approve of -it’s that simple. It’s never been Iger‘s style to micro-mange, so unlikely he was pushing for sweeping changes we actually saw. In fact, in the meeting he essentially stated he would consult with D’Amaro for his recommendations. Which is in-line with his management style through his entire tenure.

 

[Aluminum Falcon]

Not sure why we keep talking about Iger making changes prior to Chapek …even if he did it’s not significant. Chapek ran the ship -Iger was there if for nothing else, to reassure Wall Street. Chapek could have killed anything he didn’t approve of -it’s that simple. It’s never been Iger‘s style to micro-mange, so unlikely he was pushing for sweeping changes we actually saw. In fact, in the meeting he essentially stated he would consult with D’Amaro for his recommendations. Which is in-line with his management style through his entire tenure.

Agreed, his track record would indicate that he wouldn’t have maneuvered the same way Chapek did. Their style of management is completely opposite. I don’t know how you could equate the changes to Iger puppeteering, he would have had to do a complete about-face on his management style. I held out a lot of hope for Chapek, and I don’t think he did all bad. I do think he took a bath with the media and fans which the board probably would have put up with up until the earnings the bed.

I fervently believe Iger was looking for chapeks ouster for a while, but earnings were pretty healthy which delayed him being bumped, I also think the only way the board even considers his outing is if Iger came back, and since he was the one pitching the idea he was goi g to have to take a MONUMENTAL pay cut.

Not to say Iger didn’t play a part, he did fail to find a competent successor, which would give a huge black eye to his legacy (probably one of the reasons he was willing to come back)

All that to say, Chapek should be held accountable for his own decisions, which from what I can tell he has. Now we get to do the same to Iger

 

[wabbott]

If anyone can find a link to the actual video of the Iger Town Hall, please post it.

https://www.nytimes.com/2022/11/29/opinion/disney-robert-iger-bob-chapek.html

Opinion | Why Disney Fans Celebrated the Firing of Bob Chapek​

Bob Chapek Didn’t Believe in Disney Magic

 

[wabbott]

Not sure why we keep talking about Iger making changes prior to Chapek …even if he did it’s not significant. Chapek ran the ship -Iger was there if for nothing else, to reassure Wall Street. Chapek could have killed anything he didn’t approve of -it’s that simple. It’s never been Iger‘s style to micro-mange, so unlikely he was pushing for sweeping changes we actually saw. In fact, in the meeting he essentially stated he would consult with D’Amaro for his recommendations. Which is in-line with his management style through his entire tenure.

Reuters) -Walt Disney Co on Tuesday said it anticipates organizational and operational changes in the company that could result in impairment charges, according to a regulatory filing

 

[wabbott]

https://www.usnews.com/news/technol...tructuring-could-result-in-impairment-charges

 

[wabbott]

Reuters) - Walt Disney Co on Tuesday said it anticipates organizational and operational changes in the company that could result in impairment charges, according to a regulatory filing.

 

[wabbott]

https://www.marketscreener.com/quot...-Condition-and-Results-of-Operation-42435369/

 

[DeeBee3]

https://www.marketscreener.com/quot...-Condition-and-Results-of-Operation-42435369/

Talk to me in toddler language...

 

[wabbott]

Talk to me in toddler language...

https://deadline.com/2022/11/disney-bob-iger-bob-chapek-dmed-bamtech-1235184428/

“As contemplated by the leadership change announcement, we anticipate that within the coming months Mr. Iger will initiate organizational and operating changes within the Company to address the Board’s goals. While the plans are in early stages, changes in our structure and operations, including within DMED (and including possibly our distribution approach and the businesses/distribution platforms selected for the initial distribution of content), can be expected,” the 10K filing said. “The restructuring and change in business strategy, once determined, could result in impairment charges.”

 

[wabbott]

https://www.indonewyork.com/busines...am-disney-buys-the-largest-cruise-h58868.html

Bargain price: "Global Dream": Disney buys the largest cruise ship in the world at a discount price The Disney group got the cruise ship "Global Dream" built in Wismar at a discount price.

29 November 2022 Tuesday 08:00

Bargain price: "Global Dream": Disney buys the largest cruise ship in the world at a discount price The Disney group got the cruise ship "Global Dream" built in Wismar at a discount price.

According to information from Capital and Stern from financial circles, Disney is taking over the three-quarters-completed giant ship (also known as "Global One") for only 40 million euros.

Originally, the ship was valued at a price of 1.8 billion euros after the planned finished construction in the shipyard on the Baltic Sea. Disney will take over the ship without warranty claims and will complete and rebuild it at its own risk and expense.

The US entertainment group, which has a large cruise division, reported itself - which is rather unusual in business transactions - that it had received the ship "for a reasonable price".

It is now to be converted in Wismar for Disney's needs before TKMS takes over the Wismar shipyard in early 2025.

The prefabricated construction is to be managed by the Papenburg Meyer shipyard, which will temporarily take over the Wismar shipyard. Disney is likely to invest another almost 1 billion euros for the conversion.

With the cheap sale, a failure of the guarantees that the federal government and state of Mecklenburg-Western Pomerania had given for the construction of the ship is also approaching.

Genting had taken out loans of over EUR 650 million from a consortium of 16 banks for shipbuilding. The repayment of these loans was secured to a large extent by guarantees from the federal and state governments. This article first appeared here on Capital.de.

 

[wabbott]

https://finance.yahoo.com/news/disney-buys-mlb-remaining-15-233440375.html

Disney Buys Out MLB’s Remaining 15% Stake in BAMTech Streaming Division for $900 Million

Todd Spangler
Tue, November 29, 2022 at 5:34 PM

Disney now owns 100% of BAMTech, the streaming technology services group that powers Disney+ and the media company’s other direct-to-consumer services.

Earlier this month, Disney paid $900 million to Major League Baseball to buy out the league’s remaining 15% stake in BAMTech, the media conglomerate disclosed in an SEC filing Tuesday.

In 2016, Disney made a $1 billion investment in BAMTech, giving it a 33% stake, and then a year later paid an additional $1.58 billion for a 75% stake. In August 2021, the NHL opted to sell its 10% interest in BAMTech to Disney for $350 million. As of Oct. 1, 2022, MLB’s 15% interest in BAMTech was recorded in Disney’s financial statements at $828 million.

MLB created the precursor to BAMTech in 2000 with MLB Advanced Media. That year, the league began streaming live video online with its MLB.TV service — years before YouTube was a glimmer in Google’s eye. In 2015, Major League Baseball spun off the streaming-technology division as BAMTech, setting up the eventual takeover by Disney.

 

[RivShore]

https://finance.yahoo.com/news/disney-buys-mlb-remaining-15-233440375.html

Disney Buys Out MLB’s Remaining 15% Stake in BAMTech Streaming Division for $900 Million

Todd Spangler
Tue, November 29, 2022 at 5:34 PM

Disney now owns 100% of BAMTech, the streaming technology services group that powers Disney+ and the media company’s other direct-to-consumer services.

Earlier this month, Disney paid $900 million to Major League Baseball to buy out the league’s remaining 15% stake in BAMTech, the media conglomerate disclosed in an SEC filing Tuesday.

In 2016, Disney made a $1 billion investment in BAMTech, giving it a 33% stake, and then a year later paid an additional $1.58 billion for a 75% stake. In August 2021, the NHL opted to sell its 10% interest in BAMTech to Disney for $350 million. As of Oct. 1, 2022, MLB’s 15% interest in BAMTech was recorded in Disney’s financial statements at $828 million.

MLB created the precursor to BAMTech in 2000 with MLB Advanced Media. That year, the league began streaming live video online with its MLB.TV service — years before YouTube was a glimmer in Google’s eye. In 2015, Major League Baseball spun off the streaming-technology division as BAMTech, setting up the eventual takeover by Disney.

Any idea if the sports leagues still use the tech for their streaming? Wondering if this full ownership will bring in some licensing revenue.

 

[wabbott]

https://www.fool.com/investing/2022...hoo-host&utm_medium=feed&utm_campaign=article

3 Reasons December Could Be a Huge Month for Disney Stock
By Jennifer Saibil – Nov 30, 2022 at 8:30AM

Key Points​

"Avatar: The Way of Water" will be released Dec. 16.
Bob Iger is back in the driver's seat.
Disney+ is raising prices and launching an ad tier.​

 

[wabbott]

https://finance.yahoo.com/news/marriott-had-bought-disney-143500586.html

What If Marriott Had Bought Disney​

Ronald Grover, Skift
Wed, November 30, 2022 at 8:35 AM

Very interesting DIS history here from someone who's followed the business of the company for a long time.