Deleted member 1973
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Doubt its true, doesnt disney own Marvel now also
Disney may be worth $140 billion, but it has cash reserves of only $5 billion. So that's a ratio of 1 : 28.
By comparison, Apple is worth $1.3 trillion, and has cash reserves of $200 billion. That's a ratio of 1 : 6.5.
Doesn't matter how much your mansion is worth if you can't afford the rent for the land it's sitting on.
After all their operating expenses are factored in, you end up with an actually pretty small amount of cash assets.
Doubt its true, doesnt disney own Marvel now also
Doubt its true, doesnt disney own Marvel now also
I thought they were making enormous $$$, every normie watches their movies. And isnt lion king 2019 one of the biggest money makers in history.Comics books don't sell as much nowadays and with this pandemic preventing thematic previews, Marvel's movies have to be sold digitally, and from I imagine, it isn't very lucrative.
New WDWPro rumortldr
>I am likely to be announcing the biggest news/rumors I will ever make in this thread (at least, I hope so). As a preface to this information, please remember that this information should be treated as RUMOR. I cannot verify that any of the following information is true in part or in whole. You should not make any business decisions based on the information provided herein. While this information has some details of a political nature, its required to even post what is going on... please do not discuss the political aspects of this news in this thread.
>The last 24 hours has been eventful for Disney. While COVID cases in Florida are problematic to follow, Disney has been using the death rate to best gauge public safety. Within the past 24 hours, those numbers have reached levels that put staying open for the Walt Disney World Resort in meaningful jeopardy. Closing WDW is immensely painful for the company, and Josh D'Amaro's main job at this point is to keep the resort running... but there could be a situation in which the resort simply can't remain active to guests. At this point, it appears increasing deaths in Florida are due to - and increasing due to - nursing home infiltration. Should that change, Disney could conceivably close the resort OR resort back to the Secure Circuit plan that would involve closing everything except Magic Kingdom and the MK resorts. A push in that direction comes from the concern that even with their most restrictive capacity ceilings in place, some parks simply can't generate enough demand to warrant staying open (except for the purpose of demonstrating that they can be open for stockholders).
What forum is this? Looks interesting
>To add further to the company's woes, in the past 24 hours there was a major breach of security at Twitter. While the news media is mostly focusing on a bitcoin scheme that was part of the Twitter hack, Disney (and other companies) are much more concerned about the seemingly true issue that hackers had access to all Direct Messages on the platform for verified accounts. I am told that a small minority of individuals within the company AND linked to the company through various current and former projects may have had information within those Direct Messages that would be damaging. Disney Legal has advised individuals who may have had damaging information in their Direct Messages to delete their Twitter accounts, and at least one individual of significant stature has elected to do so. There is real fear in Burbank that hackers have information about the company, about individuals within the company, etc, which would be particularly unpleasant to have released into the public sphere.
>But it still gets worse... also within the past 24 hours, the Trump administration has dropped the hammer on the Walt Disney Company. First, there was an executive order in regards to Hong Kong which can absolutely affect Disney employees and Disney company plans. Attorneys for the company are currently reading through the executive order and seeking guidance from the Trump administration as to how the company can avoid seizure of property due to potentially aiding in the harming of Hong Kong citizens' democratic rights via indirect means. Because of the broad and non-specific language in the executive order, Hong Kong Disney may stay closed indefinitely, regardless of the COVID situation there.
Bullshit, the owners of the company still have billions in bonuses they are just greedy fuckers.
With theme parks, cruise lines, movie theaters and ESPN all out of commission because of the virus, Disney is getting deeper and deeper into debt. Lot of stuff getting cancelled, delayed, or shut down.
The Splash Mountain redo getting greenlit was a kneejerk response that wasn't fully cleared by the beancounters and they really aren't in the position to tear out all of those concrete sets and redoing them right now.
And with Tokyo Disney's owners not giving a fuck about PATF and just wanting to keep the cute animal ride, they can't boast about Song of the South being banished forever whenever they take care of the situation in America.