Current Events > Disney gets what it deserves.

(+) Yeah! (+)

https://www.bloomberg.com/news/features/2023-10-10/has-bob-iger-lost-the-magic-inside-disney-ceo-s-billion-dollar-crisis

Can I get this in a tiktok?

Barbenheimer aside, it was the summer from hell for Hollywood executives,

Hmm...

The only successful summer movies were new content? Oh, man. I think I just gave a producer a heart attack.

R1masher posted...

Can I get this in a tiktok?

Or at least on a news site that didn't require you to pay to read the article.

https://youtu.be/EG4JL6ntJsw

maybe companies should stop paying the same old white men absurd amounts of money to fail upwards

I see maybe five to six movies a year. Besides Oppenheimer, it's mostly Marvel movies.

The only things that get me to the theater these days are horror movies, or absurdities like Renfield.

I'd say it's never a bad thing when a global entertainment monopoly starts to lose their hold on popular media, might open the door for movies that aren't cooked up in a lab to become franchises.

https://youtu.be/aZscBf10Y5A?si=v0y9mtiT9Vh1trgm

More streaming content on disc pls

pretzelcoatl posted...

The only things that get me to the theater these days are horror movies, or absurdities like Renfield.

Almost like capitalism ruins art

They really seemed like Phase 4 of MCU would carry them, instead of being the obvious dud that is is. Their biggest "hits" this year were box office failures The Little Mermaid and Indiana Jones. Looking at their upcoming releases, anything of note is either a sequel, a live-action adaptation, or MCU.

Maybe being creatively bankrupt is, oh, I dunno, hurting them? Their souless and shameful capitalist approach is too obvious.

FortuneCookie posted...

Barbenheimer aside, it was the summer from hell for Hollywood executives,

Hmm...

The only successful summer movies were new content? Oh, man. I think I just gave a producer a heart attack.

Unfortunately all they learned from Barbie's success is "pEoPLe wAnT tOy mOvIeSsSs"

The summer of hell for Hollywood executives.

I think our idea of a billionaires hell is quite far removed from theirs. For most them hell isnt good enough.

Oh no, Disney had a bad year or so at the box office... they're Nintendooooomed!!!

Yeah, no... I am not a Disney fan. I probably consume less of their output than 90% of this board... but whether you think it's because they went "woke" or that people got tired of them saturating the market with mediocre product:

Disney will be fine financially. Like it or not.

I remember when I was a little kid, it was in that period of the 80s before the Disney Renaissance and Disney were struggling to adapt for years since the 70s with a series of not so memorable and cheaper looking animated and live action content. They were in much worse shape then. Today they own so many properties and have so much clout and name recognition and marketability it's staggering.

Over the years Disney has had many misses, but the hits more than make up for them.
Fantasia flopped but made up for it many years later. I personally loved John Carter and wished that it had been more successful, same with Treasure Planet (not a bad video game either).

Disney afternoon in the 80's was fantastic, but sadly being number 1 also means that others will always take pot shots at you. I will always respect them for standing up for the rights of ALL people.

Torgo posted...

Oh no, Disney had a bad year or so at the box office... they're Nintendooooomed!!!

Yeah, no... I am not a Disney fan. I probably consume less of their output than 90% of this board... but whether you think it's because they went "woke" or that people got tired of them saturating the market with mediocre product:

Disney will be fine financially. Like it or not.

I remember when I was a little kid, it was in that period of the 80s before the Disney Renaissance and Disney were struggling to adapt for years since the 70s with a series of not so memorable and cheaper looking animated and live action content. They were in much worse shape then. Today they own so many properties and have so much clout and name recognition and marketability it's staggering.

the funny thing is they arent even losing money. Theyve still made money, just not as much as they expected.

overall they are still well into the green by comparison to anywhere else

Zeeak4444 posted...

the funny thing is they arent even losing money. Theyve still made money, just not as much as they expected.

overall they are still well into the green by comparison to anywhere else

Thats because capitalisms definition of failure is literally we didnt make more money than last quarter.

The bigger problem is that, its really down to that its becoming to expensive for most to see all these movies...everything depending on the middle class having money is at risk of collapsing.

Ivynn posted...

Unfortunately all they learned from Barbie's success is "pEoPLe wAnT tOy mOvIeSsSs"

Yeah have they also realized people also want video game movies and Christopher Nolan movies

amcdc79 posted...

I will always respect them for standing up for the rights of ALL people.

They donated money to DeSantis and remained silent on his Don't Say Gay bill until Pixar employees forced them to speak up.

darkace77450 posted...

They donated money to DeSantis and remained silent on his Don't Say Gay bill until Pixar employees forced them to speak up.

Yes. Corporations dont do the right thing unless its either beneficial for them or theyre forced to.

Based, fuck disney

Disney+ damaged the Disney brand. It diluted the MCU, Star Wars and live action remakes, and destroyed theatrical confidence in Pixar animations.

And for what? They haven't made a single penny off it yet. They've lost several billions since it started. It's a giant money sink.

Disney+ damaged the Disney brand. It diluted the MCU, Star Wars and live action remakes, and destroyed theatrical confidence in Pixar animations.

And for what? They haven't made a single penny off it yet. They've lost several billions since it started. It's a giant money sink.

Based on what all the strikes are about, to the CEO's it was all worth it so that they did not have to pay pepole.

HornyLevel posted...

Disney+ damaged the Disney brand. It diluted the MCU, Star Wars and live action remakes, and destroyed theatrical confidence in Pixar animations.

And for what? They haven't made a single penny off it yet. They've lost several billions since it started. It's a giant money sink.

Eh, even if it generally hurt the image people have of them and lowered expectations for future entries with their IPs, it helped the brand in other ways. They have a lot more exposure and presence in conversation. You also can't even begin to estimate how much it hurts their competitors, nor quantify how valuable that is for Disney. Overall it gives them more control over the industry.

DarkChozoGhost posted...

Eh, even if it generally hurt the image people have of them and lowered expectations for future entries with their IPs, it helped the brand in other ways. They have a lot more exposure and presence in conversation. You also can't even begin to estimate how much it hurts their competitors, nor quantify how valuable that is for Disney. Overall it gives them more control over the industry.

It might have initially, but not anymore. I'm not even sure what they're commanding. Disney+ lost something like $6 billion in 2022. Netflix made $6 billion. That's a $12 billion difference. Netflix has a huge market share in all of the world's media nowadays. Disney is basically known for 4 things now outside their parks, all 4 of which are on the way down.

They've announced like a dozen Star Wars in the past couple of years, but none have taken off. The general audience is basically done with the MCU. Live action remakes are like 1 decent one out of every 6. And people just wait to watch any animated films on Disney+, which means it doesn't make any money on the platform.

It's not just Disney. They're just losing the most. Paramount+, Peacock and even Max are also not doing that great and have lost billions. They all sprang up to compete with Netflix and Netflix still kicked all their asses. They were so confident that they got rid of password sharing and did even better. Essentially, Disney did almost no damage to their biggest competitor.

https://youtu.be/EzfkxAC-Bw8?si=FhPOUMispjuYMV3H

You're talking about streaming as if it exists in vacuum. I'd argue that Paramount, Comcast, and HBO are bigger competitors to Disney than Netflix overall

DarkChozoGhost posted...

You're talking about streaming as if it exists in vacuum. I'd argue that Paramount, Comcast, and HBO are bigger competitors to Disney than Netflix overall

All of which are also doing bad and have not really affected each other. Netflix is the one that keeps exceeding expectations over all of them.

Netflix essentially has a monopoly at this point. Their whole purpose was to destroy the Netflix monopoly and they basically failed. Most of these will not be around in a few years.

I'm saying that destroying Netflix was very far from their "only purpose." It provides an absolute shitload of advertising for Disney. The returns on that advertising might currently be failing to make up for the costs (even that's debatable as movie viewership is falling for other reasons too), at the end of the day Disney is talked about more. Their IPs are talked about more, and better recognized. That will help them in the long run

DarkChozoGhost posted...

I'm saying that destroying Netflix was very far from their "only purpose." It provides an absolute shitload of advertising for Disney. The returns on that advertising might currently be failing to make up for the costs (even that's debatable as movie viewership is falling for other reasons too), at the end of the day Disney is talked about more. Their IPs are talked about more, and better recognized. That will help them in the long run

This is simply not true. People have started shitting on their IPs now because of their dumb decisions. People are not talking about it positively. The billions and billions they've lost is not debatable.

They entered the market to compete with Netflix. Their shows were doing fine when they were on Netflix, and they wanted the whole cut and fucked everything up.

Stop making lame excuses that this helped them somehow.

If this was remotely true, the 3 shows needed for The Marvels would have boosted the fuck out of it. Instead, it's tracking to be one of the biggest bombs ever.

Is there a non paywall version of this?

HornyLevel posted...

It's not just Disney. They're just losing the most. Paramount+, Peacock and even Max are also not doing that great and have lost billions. They all sprang up to compete with Netflix and Netflix still kicked all their asses. They were so confident that they got rid of password sharing and did even better. Essentially, Disney did almost no damage to their biggest competitor.

Yeah, streaming services turned out to be money sinks in general, greatest con Netflix pulled

darkace77450 posted...

They donated money to DeSantis and remained silent on his Don't Say Gay bill until Pixar employees forced them to speak up.

Thank GOD somebody remembers this. I felt like I was going insane. Everyone flipped to being pro-Disney when DeSantis started coming after them, after they were FORCED to take a half-hearted stand supporting LGBT.

they fucked up pushing Marvel and Star Wars too hard and now they're feeling it

I didn't watch the MCU at all until End Game came out, but I loved pretty much all the movies. there was just way too much shit to keep up with afterwards. I don't want to watch 8-10 episodes of an only tolerable show just because I might miss one important plot moment.

they should have just done one 'New Avengers' show instead of so many different projects.

I don't even want to get into star wars because I don't care about that lore at all.

BlingBling22947 posted...

https://www.bloomberg.com/news/features/2023-10-10/has-bob-iger-lost-the-magic-inside-disney-ceo-s-billion-dollar-crisis

I have to assume from the url that like Tinkerbell if we all believe in Disney hell come back to life.

amcdc79 posted...

Over the years Disney has had many misses, but the hits more than make up for them.
Fantasia flopped but made up for it many years later. I personally loved John Carter and wished that it had been more successful, same with Treasure Planet (not a bad video game either).

John Carter got screwed so bad by its ad campaign. I knew I didn't want to see it based on that alone.

It was when I randomly caught it later on did I realize how much the ad campaign damaged it. The movie was a lot better than it made it out to be.

darkace77450 posted...

They donated money to DeSantis and remained silent on his Don't Say Gay bill until Pixar employees forced them to speak up.

You are correct, but once the "don't say gay" bill was passed it was the CEO of the company Bob Igor who said that the bill was unacceptable. Disney also paused their donations when it was passed. The fact that they did stand up to Desantis for human rights does mean a lot to me. Yes they are a major corporation, but they are not among the worst in the world.

Whats that the old neoliberal starvation policy doesn't work!?

Amakusa posted...

John Carter got screwed so bad by its ad campaign. I knew I didn't want to see it based on that alone.

God the ads were so fucking bad lol. Had I not had to babysit my younger cousins and taken them to a matinee where it was the only "family" movie on at the time, I'd have never seen it. Didn't even know what it was about until it started.

But it did end up being hella fun and I'll forever be disappointed it never got a follow-up

CEO's after 1993 don't know how to innovate anymore. All they know is acquire established IP, lobby congress, give themselves a raise, and lie.

divot1338 posted...

I have to assume from the url that like Tinkerbell if we all believe in Disney hell come back to life.

if they believe in themselves they can do anything

FortuneCookie posted...

Barbenheimer aside, it was the summer from hell for Hollywood executives,

Hmm...

The only successful summer movies were new content? Oh, man. I think I just gave a producer a heart attack.

Imagine that.

amcdc79 posted...

You are correct, but once the "don't say gay" bill was passed it was the CEO of the company Bob Igor who said that the bill was unacceptable. Disney also paused their donations when it was passed. The fact that they did stand up to Desantis for human rights does mean a lot to me. Yes they are a major corporation, but they are not among the worst in the world.

It's time they go.

BlingBling22947 posted...

CEO's after 1993 don't know how to innovate anymore. All they know is acquire established IP, lobby congress, give themselves a raise, and lie.

And in many cases cover up sexual assault.

BlingBling22947 posted...

It's time they go.

Go where?

it's time for the Republican Party to go.

Disney can only dream of being as evil, wicked, mean and nasty as the GOP.

That's what they get for phoning it in. Disney hasn't felt magical to me for a long time. Which makes me sad because I love them. However, I doubt this will make a dent or even a ding in their bank account. They always come out with their heads comfortably above water and with a martini in their hand.