Rumors that Disney is in negotiations to sell Star Wars back to George Lucas!

[irlandaise]

Sorta like Bud Light and Target had freedom to make the statements they made right? Do you think the investors in those companies believe that these statements have served the shareholders well?

We are free to saying pretty much anything, we aren’t free from the consequences of what we say.

Interesting article today by one of the Washington Post's data nerds: he cautions people against jumping to conclusions about the effectiveness of boycotts based on stock prices:

https://wapo.st/43BB5Yd

[available to non-subscribers for two weeks]

 

[mdmost]

Interesting article today by one of the Washington Post's data nerds: he cautions people against jumping to conclusions about the effectiveness of boycotts based on stock prices:

https://wapo.st/43BB5Yd

[available to non-subscribers for two weeks]

People with scant knowledge on how the stock market works think these boycotts are just killing companies like Target and Disney. They’re not. The market ebbs and flows all the time. Remember when Target was boycotted for having gender neutral bathrooms a few years ago? Yet they still exist. The only one that might have a problem is Bud Light which apparently shouldn’t try to appeal to anyone other than trashy hateful people who misunderstood one small campaign. They feel they can destroy a company and they seem to really enjoy it. There’s a certain sick satisfaction you see online with some of these people doing the boycotting. To bring it back to the original topic, it definitely reminds me of the fanbois who were so happy that Solo tanked because Rian Johnson ruined their perpetual childhoods.

 

[PolymerSkywalker]

In the case of Bud Light I am pretty sure the fall in sales volume is real. I have a good buddy who is in the beer distribution business. He sees statewide numbers for beer sales, and Bud Light is down 46% in my state.

I don’t care as Bud Lights was not something I drank before or after this, but to say this is not real is disingenuous.

In the case of Target, you may be right. I go like once a year, and likely will still go get my two pairs of golf shorts there annually.

 

[mdmost]

In the case of Bud Light I am pretty sure the fall in sales volume is real. I have a good buddy who is in the beer distribution business. He sees statewide numbers for beer sales, and Bud Light is down 46% in my state.

I don’t care as Bud Lights was not something I drank before or after this, but to say this is not real is disingenuous.

In the case of Target, you may be right. I go like once a year, and likely will still go get my two pairs of golf shorts there annually.

Yes I stated Bud Light might have a problem. They don’t have a more diverse audience to fall back on like Target or Disney does. The Bud Light market appears to be reactionary simpletons who don’t like trans people being in any way associated or marketed to their favorite brand of watered down beer. Again, one small influencer campaign and you want to take down a company you claimed to formerly have liked. Sorta reminds me of people who want Disney to fail because they dared to speak out in a way those people didn’t like.

 

[Aluminum Falcon]

Interesting article today by one of the Washington Post's data nerds: he cautions people against jumping to conclusions about the effectiveness of boycotts based on stock prices:

https://wapo.st/43BB5Yd

[available to non-subscribers for two weeks]

that article is weak at best, and partisan at worst. Target took a nosedive where Khôls was a little more gradual, i just don’t see how WP can draw any conclusions from one chart, that’s just straight irresponsible. IMO the only sources of news worth anything are Reuters and the AP, everyone else has an agenda or an axe.

Bud Lite and Target, (right or wrong) were 100% affected by the boycotts brought against them. Will it only affect them in the short term, probably. Will it also cause them to rethink how they do business because of how much financial harm it caused to the company and their shareholders, probably.

So anyone who attempts to argue these companies were not affected may be a bit delusional haha

 

[nancipants]

I wonder how many people who boycotted Bud Light are still drinking beers of the parent company. Like Modelo. lol.

 

[Disney Bobby]

I wonder how many people who boycotted Bud Light are still drinking beers of the parent company. Like Modelo. lol.

I wonder how many people don't realize that Bud Light and Modelo aren't owned by the same company in the US.

 

[PolymerSkywalker]

Anyone know what happened with the Disney CFO stepping down this week. Report says family medical leave, but seems like there could be a little more to this story?

 

[PolymerSkywalker]

I wonder how many people don't realize that Bud Light and Modelo aren't owned by the same company in the US.

Yep, it’s a fairly complicated situation with Modelo and AnBush. Modelo is sold and distributed by another company in the states. So only a portion of that profit will come back to AnBush.

Sorta like a Spider-Man situation with Sony and Disney. Disney just gets part of the of the box office.

But I agree it’s not a huge deal with Modelo. However they are likely pretty concerned with the 25% increase in Coors Lite sales and the 19% increase for Miller Lite.

 

[PolymerSkywalker]

that article is weak at best, and partisan at worst. Target took a nosedive where Khôls was a little more gradual, i just don’t see how WP can draw any conclusions from one chart, that’s just straight irresponsible. IMO the only sources of news worth anything are Reuters and the AP, everyone else has an agenda or an axe.

Bud Lite and Target, (right or wrong) were 100% affected by the boycotts brought against them. Will it only affect them in the short term, probably. Will it also cause them to rethink how they do business because of how much financial harm it caused to the company and their shareholders, probably.

So anyone who attempts to argue these companies were not affected may be a bit delusional haha

Most people don’t actually look for objective facts on a situation. They simply search out news sources to align with their way of thinking. Most people’s YouTube feed and twitter feed are perfectly tailored to give them only sources that align with their way of thinking.

 

[Aluminum Falcon]

Most people don’t actually look for objective facts on a situation. They simply search out news sources to align with their way of thinking. Most people’s YouTube feed and twitter feed are perfectly tailored to give them only sources that align with their way of thinking.

I don’t blame anyone, I’ve fallen into that trap myself. People only have so much time, and the general news media is like fast food, quick and convenient, and everywhere. How can you beat a recipe like that

 

[PolymerSkywalker]

I agree, I have as well. My current method I believe is getting me close to the truth. Read a left leaning source. Read a right leaning source. Read an international source. The truth is likely somewhere in the middle of all you have read.

Objective journalism has been dead for a long time, and every source is biased nowadays.

 

[fatmanatee]

Or just "reactionary simpletons" that aren't going to buy into the pandering stupidity that Mulvaney somehow spent 365 days as a woman. Mulvaney is male that is acting like some sort of absurd, Sandra Bullock-like caricature of a woman. If he was doing the same act with race instead of gender, he would be shunned immediately and probably banned from social media forever. Remember Rachel Dolezal? But that's different...somehow...

But that's where we are these days. Can't just say he is a man acting like a woman. It's a control thing. You have to say he is an actual woman, which is absurd. Whatever crazy idea comes into somebody's head these days not only has to be tolerated, but accepted unconditionally on whatever terms said crazy idea person demands. Sorry. BL customers ain't buying it.

Is this a thread about Star Wars?

 

[Aluminum Falcon]

Is this a thread about Star Wars?

The conversation has evolved

 

[irlandaise]

that article is weak at best, and partisan at worst. Target took a nosedive where Khôls was a little more gradual, i just don’t see how WP can draw any conclusions from one chart, that’s just straight irresponsible. IMO the only sources of news worth anything are Reuters and the AP, everyone else has an agenda or an axe.

Bud Lite and Target, (right or wrong) were 100% affected by the boycotts brought against them. Will it only affect them in the short term, probably. Will it also cause them to rethink how they do business because of how much financial harm it caused to the company and their shareholders, probably.

So anyone who attempts to argue these companies were not affected may be a bit delusional haha

You must not have read the article carefully. It in no way said that Target hasn't been affected by boycotts. It only addressed stock price as an indicator of damage. The headline literally said, "Stock prices are an imperfect way to measure culture-war casualties."

There was a clear mention of looking at quarterly revenues instead: "It may be the case that Target took significant damage from the disparagement campaign against it, the sort of thing that harmed its bottom line this quarter or softens support from a large section of the population over the long-term. Neither of those things is probably well-reflected in the stock price over the past two months."

 

[Disney Bobby]

Is this a thread about Star Wars?

It took my post #351 for you to figure it that it has gone sideways? LOL

 

[Disney Bobby]

The conversation has evolved

I think the word is transitioned. LOL

 

[irlandaise]

I don’t blame anyone, I’ve fallen into that trap myself. People only have so much time, and the general news media is like fast food, quick and convenient, and everywhere. How can you beat a recipe like that

If this is a followup to your article about the WaPo story, I don't care a whit about what Target's stock price is, so I'm not cherry-picking articles. I think Philip Bump has a legitimate argument that people who claim that boycotts are working because of a dip in stock price are often not looking at the right data. I agree with him that revenues are a more reliable indicator. Of course there are other factors that can affect revenues, too, but they're likely more directly affected by boycotts than are stock prices.

Remember that most equity shares are held by huge investors such as pension funds, mutual funds, etc., not by individuals who might get ticked off by a company's actions. Those investors aren't going to sell off a stock because of a short-term kerfuffle, only if a dispute appears to be affecting a stock's long-term value, which certainly isn't the case for Target at this point.

 

[fatmanatee]

It took my post #351 for you to figure it that it has gone sideways? LOL

I checked out of this one days ago, stopped by bc I thought it was odd that it was still going.

 

[Disney Bobby]

I'm not sure how boycotting came into play anyway. Nobody is boycotting Star Wars. Disney has oversaturated the market, and the new products really aren't that good. Need to let it go away for about 10 years and let people miss it, then bring it back with quality storylines. Same goes for Marvel.