If you loved Disney at $197 in 08/21, you must really love it today @ $82

[HandyGrandpap]

Nine year low today at $82.
Parks cost too much, long lines, hotels overcharge.
If you listened to the last Quarterly update, their answer to lower revenue is to increase prices.


Disney closes at lowest in nearly nine years as investors turn bearish | Reuters (https://www.reuters.com/business/media-telecom/disney-drops-lowest-over-three-years-investors-turn-bearish-2023-08-24/#:~:text=Aug%2024%20(Reuters)%20%2D%20Shares,in%20 the%20next%20few%20months).

[manaboutown]

Disney ain't what it used to be. It has been run into the ground by mismanagement.

[Stu from NYC]

Wow guess they do not understand their customer base.

Incredible what a 4 day stay at their parks cosdt these days

[Randall55]

Wow guess they do not understand their customer base.

Incredible what a 4 day stay at their parks cosdt these days I refuse to go because a bottle of water costs $7! Seriously? You make your customers spend nearly $30 (family of 4) to keep hydrated in the hot Florida sun? No thanks!

[Tvflguy]

They are reaping what they sow. Disney has disgusted 45% of their customer base. Ourselves included.

No way would we be a consumer of them now. We are following our hearts by not funding their corporate beliefs and stands. As well as other companies which we will not continue to be consumers.

We can stand for our beliefs by not opening our wallet.

[Robbb]

Disney ain't what it used to be. It has been run into the ground by mismanagement.

Greed destroys all. Universal is next. I just priced tickets for 2 to go to that Halloween fright night ....with ride's, between $450 and $550 for 1 night. Oh parking is extra.

[asianthree]

Sold at $185. If drops more will buy back

[Stu from NYC]

Greed destroys all. Universal is next. I just priced tickets for 2 to go to that Halloween fright night ....with ride's, between $450 and $550 for 1 night. Oh parking is extra.

Incredible, prices like that removes lots of people from going to their park.

[Pairadocs]

HandyGrandpap;2249108]Nine year low today at $82.
Parks cost too much, long lines, hotels overcharge.
If you listened to the last Quarterly update, their answer to lower revenue is to increase prices.

Yep, totally agree. Hesitate to write this (in fear of sounding like the person who goes to the race track or Las Vegas and never loses a $) but did have D stock in he "old days", and held it for years, it was a good investment, but in keeping with "pigs get slaughtered" theory of stock holding, did sell it way before the became "woke". Love the park here, at least 18 years annual pass holder, every food and wine event, every flower and gardening event, some really memorable meals, etc. HOWEVER, saw the "writing on the wall" even before the pandemic shut down. The astronomical prices of such simple things as a "continental" breakfast for $18, a danish and a "bottomless" cup of coffee ! Don't even follow the stock since selling at an all time high because no confidence in management, and you are so right, they do not seem to recognize constantly raising prices is NOT going to pull them out of their problems. It's a shame, a really iconic company that has trashed "Walt's dream". Did "Walt" dream of riches, sure did, but with a balance because he was not "tone deaf" to the public pulse.

[Pairadocs]

Disney ain't what it used to be. It has been run into the ground by mismanagement.

It sure has been. Happy we have so many good memories of years and years of it at its best. It's really starting to show in the parks, apart from the prices, and the food quality (not terrible but nothing like in the "hay days"). Not motivated to buy back stock at this low price... just no confidence in a management that appears a bit schizophrenic !

[Pairadocs]

Wow guess they do not understand their customer base.

Incredible what a 4 day stay at their parks cosdt these days

Totally agree they do not understand their FOUNDATIONAL customer base. They definitely had fabulously wealthy entertainment stars and mid eastern oil kings and their families, but they failed to realize that is not the foundation they need, it was the "extra", the "cream" on top. Seems the whole concept is totally misunderstood, or mismanaged, or something ?

[dwoodley1975]

I love Disney. I would pay.

[Topspinmo]

I would invest in Enron before I would Disney. :welcome:

[Topspinmo]

Wow guess they do not understand their customer base.

Incredible what a 4 day stay at their parks cosdt these days

They totally understand their customer pigeon base.

[ThirdOfFive]

Budweiser comes to mind…

[mickey100]

The theme park revenue has slowed slightly this summer. Experts say it could just be the intense Florida heat or Americans pulling back on vacations following last year's "revenge travel" phenomenon. Economists are saying the stock is at a low because the streamlining services are not doing well.

[Stu from NYC]

They totally understand their customer pigeon base.

If they did would not have gone down this road.

[CoachKandSportsguy]

If they did would not have gone down this road.

perfect display of the failure of identity politics. ..

I bought it for the earnings pop and sold it right after the pop. .
buying and selling stocks for profit can be a politically agnostic experience, however, spending hard earned money is a different issue. .

The economy and businesses are cyclical, Disney will be a buy eventually along with alot of other stocks for making money. .

the obvious answer to the question: "which is harder: growing a business profitability for 40 years? or screwing up the growth with a few greedy or dumb decisions?"

which is why one doesn't buy and hold blindly forever, ergo selling and paying capital gains is the byproduct of successful investing. . and successful investing is not losing all the gains made over time. . . and why is prefer shorting dumb decisions and fomo than buying and holding.

[MrFlorida]

It's become from an annual vacation, to a once in a lifetime vacation for a family .

[Hape2Bhr]

Budweiser comes to mind…

Budweiser... is that a horse and buggy company?

[Stu from NYC]

The theme park revenue has slowed slightly this summer. Experts say it could just be the intense Florida heat or Americans pulling back on vacations following last year's "revenge travel" phenomenon. Economists are saying the stock is at a low because the streamlining services are not doing well.

Many of us think there is a simpler cause of this.

[Bill14564]

I refuse to go because a bottle of water costs $7! Seriously? You make your customers spend nearly $30 (family of 4) to keep hydrated in the hot Florida sun? No thanks!

Not sure where you saw $7 water but I'll be there next week and will look for that. The last I checked (not often) it was about $5. Still not cheap.

Better choice for water is bring your own and refill at fountains or filling stations.

But water isn't the issue with Disney, all their prices are high and have been increasing steadily in recent years. Up until now the argument has been that the parks are full so the prices aren't keeping people away. Well, the parks aren't full now. Whether that is due to the heat, the end of the post-pandemic vacation surge, or the prices, Disney needs to pay attention.

[Babubhat]

Disney has become stale. The reservation system is intolerable. Universal taking their customers

[Whitley]

Disney ain't what it used to be. It has been run into the ground by mismanagement.

I hear they have a great ESG score.

[asianthree]

Disney has become stale. The reservation system is intolerable. Universal taking their customers

We are Pass holder at Disney and Universal, both has been a ghost towns since end of pandemic. Disney lines are much longer than Universal, plus they aren’t selling out of specialty events like Disney. It’s nice to go to universal and basically walk on to rides.

Both prices are pretty close, but if you have young children, you aren’t going to take them to Universal to get the crap scared out of them. It scares me at times, so can’t imagine spending money for a 2-10yo, unlike Disney that is geared for younger crowds and sold out nights the opening ticket sales.

[mooser]

:bigbow:They are reaping what they sow. Disney has disgusted 45% of their customer base. Ourselves included.

No way would we be a consumer of them now. We are following our hearts by not funding their corporate beliefs and stands. As well as other companies which we will not continue to be consumers.

We can stand for our beliefs by not opening our wallet.

G:clap2::clap2::clap2::clap2: good stay away

[asianthree]

Had friends in and their choice was Universal, because of the coaster rides. Expected to wait hours in line, bought a multi day pass. Found the food prices about the same as any theme park, but shocked at how small the crowds were. Bonus for them, got to ride their favorite rides multiple times.

I know that many local pass holders like us have stayed away from parks due to the heat, but wait time for Disney popular ride have 60 to 120 minutes. MK has been packed all year, other 3 parks not so much

[ithos]

:bigbow:

G:clap2::clap2::clap2::clap2: good stay away

Wow. I bet your were a business major in college.

[merrymini]

I though Iger would right the boat but he has not been effective. Maybe someone who has less connections to the company would have the guts to do the right thing.

[MidWestIA]

I like Dollywood Disney is too expensive with too much I don't care about - had some work conferences there that was enough

[NoMo50]

Perhaps the "silent majority" is not so silent after all. Large corporate entities are learning, the hard way, that trying to be a social media influencer comes with a cost. If you are in the entertainment business, entertain me. Once you dip your toe into the ever dividing social media cesspool, I'm out.

[Robbb]

HandyGrandpap;2249108]Nine year low today at $82.
Parks cost too much, long lines, hotels overcharge.
If you listened to the last Quarterly update, their answer to lower revenue is to increase prices.

Yep, totally agree. Hesitate to write this (in fear of sounding like the person who goes to the race track or Las Vegas and never loses a $) but did have D stock in he "old days", and held it for years, it was a good investment, but in keeping with "pigs get slaughtered" theory of stock holding, did sell it way before the became "woke". Love the park here, at least 18 years annual pass holder, every food and wine event, every flower and gardening event, some really memorable meals, etc. HOWEVER, saw the "writing on the wall" even before the pandemic shut down. The astronomical prices of such simple things as a "continental" breakfast for $18, a danish and a "bottomless" cup of coffee ! Don't even follow the stock since selling at an all time high because no confidence in management, and you are so right, they do not seem to recognize constantly raising prices is NOT going to pull them out of their problems. It's a shame, a really iconic company that has trashed "Walt's dream". Did "Walt" dream of riches, sure did, but with a balance because he was not "tone deaf" to the public pulse.

Totally agree. How do you screw up a business that charges and gets $500 per night for a hotel room $300+ per day for a ticket and $7 for a bottle of water? And now they want to raise prices. Walt would be ashamed.

[Robbb]

It's become from an annual vacation, to a once in a lifetime vacation for a family .

Totally right.

[TomSpasm]

It's so crowded, nobody goes there any more.

[Caymus]

I wonder if CEO Bob Igor is meeting his performance goals.

[Stu from NYC]

Perhaps the "silent majority" is not so silent after all. Large corporate entities are learning, the hard way, that trying to be a social media influencer comes with a cost. If you are in the entertainment business, entertain me. Once you dip your toe into the ever dividing social media cesspool, I'm out.

Very true

[Richpetty42]

When I was a kid my uncle & cousins would come down from the panhandle every Christmas to my parents house outside Orlando, it was a tradition. And the 8 of us could get into the MK would be able to get in for what would now be 3 person 1 day tickets. In the 90s when I was in High School I was a cast member at DW. Even in the early 90s prices did change but still was affordable, but I did notice that more big groups of foreign tourists were coming, much more than I remembered in the past. And the start of what is now “woke” special weeks where groups of another kind would come & you wouldn’t want to bring your children during those times in. But since Michael Eisner was replaced as CEO it seems like Disney decided to take advantage of their core base to become a greedy money monster, raising prices on everything each year even when they were still making good movies and getting surpluses on park admission and resorts people could afford, not to mention parking fees everywhere.
Seems to me that D only cares about making money and not being the place Walt envisioned where families could come to his parks to escape the real world for a day while still being able to afford it. But I guess that those massive amounts of foreign money coming from those BIG tour groups mean more to them than common people or even Florida residents, greed will bring D down and it will be of their own doing.

[OhioBuckeye]

I bet Walt Disney is flopping in his grave to see how the new CEO is running Disney & keeping some of the unfortunate children from getting to see Disneyland! The CEO is running Disney like our govt. is running our country! He just to want to make a lot of money!

[cphubbell@aol.com]

Not sure where you saw $7 water but I'll be there next week and will look for that. The last I checked (not often) it was about $5. Still not cheap.

Better choice for water is bring your own and refill at fountains or filling stations.

But water isn't the issue with Disney, all their prices are high and have been increasing steadily in recent years. Up until now the argument has been that the parks are full so the prices aren't keeping people away. Well, the parks aren't full now. Whether that is due to the heat, the end of the post-pandemic vacation surge, or the prices, Disney needs to pay attention.

Cups of ice water are free at the counter restaurants. Doesn’t work so well at Epcot but does at the other 3 parks

[askcarl]

Universal is adding 3 months Free to a single day ticket. Channel 9 TV ad. Yup, U kicking Disney Ass...

[Bill14564]

Universal is adding 3 months Free to a single day ticket. Channel 9 TV ad. Yup, U kicking Disney Ass...

I pay for one day and get 89 days free??? I need to see that offer.

EDIT: Universal is adding three months free to an annual pass. Get 15 months for the price of 12.

[askcarl]

Heads Up. Walt died decades ago. So did the America you dream of.. and the World.

Change with the changes or stay home and bitch about Tee Times and TV turning to ****.

Change or stay home... noone forcing you to support anything.

[ithos]

Heads Up. Walt died decades ago. So did the America you dream of.. and the World.

Change with the changes or stay home and bitch about Tee Times and TV turning to ****.

Change or stay home... noone forcing you to support anything.

Let not any one pacify his conscience by the delusion that he can do no harm if he takes no part, and forms no opinion. Bad men need nothing more to compass their ends, than that good men should look on and do nothing. John Stuart Mill

Yeah, do like the man said. Stay home and do nothing. Especially the parents. They have no role in their children's moral development. That is the role of the government, schools, the media and Disney.

[Bill14564]

Let not any one pacify his conscience by the delusion that he can do no harm if he takes no part, and forms no opinion. Bad men need nothing more to compass their ends, than that good men should look on and do nothing. John Stuart Mill

Yeah, do like the man said. Stay home and do nothing. Especially the parents. They have no role in their children's moral development. That is the role of the government, schools, the media and Disney.

Reading a few of the comments in this thread, the morality of some who may be parents is very frightening.

[jimjamuser]

It's so crowded, nobody goes there any more.
Interesting Yogi B. reference!

[manaboutown]

This says it all about Disney's mismanagement... https://mousetrapnews.com/bud-light-becomes-official-beer-of-disney-world/

[HandyGrandpap]

I bet Walt Disney is flopping in his grave to see how the new CEO is running Disney & keeping some of the unfortunate children from getting to see Disneyland! The CEO is running Disney like our govt. is running our country! He just to want to make a lot of money!

Case studies have shown the transition from an entrepenure in which the business was built on various values and principles that transitions to be run by accounts is fully profit motiviated, ie Disney. An exception would be Chic-Fil-A.
TV's will also make that transition over time and you will see many of the services drop and fee's increase, very likely probability it will be sold to a major corporation or perhaps file for a IPO.

[jimjamuser]

When I was a kid my uncle & cousins would come down from the panhandle every Christmas to my parents house outside Orlando, it was a tradition. And the 8 of us could get into the MK would be able to get in for what would now be 3 person 1 day tickets. In the 90s when I was in High School I was a cast member at DW. Even in the early 90s prices did change but still was affordable, but I did notice that more big groups of foreign tourists were coming, much more than I remembered in the past. And the start of what is now “woke” special weeks where groups of another kind would come & you wouldn’t want to bring your children during those times in. But since Michael Eisner was replaced as CEO it seems like Disney decided to take advantage of their core base to become a greedy money monster, raising prices on everything each year even when they were still making good movies and getting surpluses on park admission and resorts people could afford, not to mention parking fees everywhere.
Seems to me that D only cares about making money and not being the place Walt envisioned where families could come to his parks to escape the real world for a day while still being able to afford it. But I guess that those massive amounts of foreign money coming from those BIG tour groups mean more to them than common people or even Florida residents, greed will bring D down and it will be of their own doing.
One important factor left out of that analysis is that of HEAT. Florida, the US, Europe, and much of the world are experiencing record HEAT due to climate change - due to cars, trucks, and golf carts with gas engines. Disney World customers are down because they are NOT stupid enough to pay high prices to stand in lines for long periods in the Florida sun. Florida is closer to the equator so 100 degrees in Florida is worse than 100 degrees in Chicago. People think that how hot you feel is governed by 2 factors ........temperature and humidity. But, there is a 3rd factor, which is how strong are the rays of the sun. To test this simply put your hand on any black car in the afternoon in Fl., Az., or Tx.

[jimjamuser]

Perhaps the "silent majority" is not so silent after all. Large corporate entities are learning, the hard way, that trying to be a social media influencer comes with a cost. If you are in the entertainment business, entertain me. Once you dip your toe into the ever dividing social media cesspool, I'm out.
OK but, one thing to be aware of is that in Florida, Disney World is the biggest single corporation and biggest employer. So, Disney World collects sales tax, and its employees spend a lot of money in Florida and buy property, which adds to the Florida tax intake. So when you "boycott" Disney World, you are hurting yourself and your state.

[Stu from NYC]

OK but, one thing to be aware of is that in Florida, Disney World is the biggest single corporation and biggest employer. So, Disney World collects sales tax, and its employees spend a lot of money in Florida and buy property, which adds to the Florida tax intake. So when you "boycott" Disney World, you are hurting yourself and your state.

That is not a good reason to support a company that does things that are against your principal.

One can even go to Universal and spend your money there.

[JMintzer]

One important factor left out of that analysis is that of HEAT. Florida, the US, Europe, and much of the world are experiencing record HEAT due to climate change - due to cars, trucks, and golf carts with gas engines. Disney World customers are down because they are NOT stupid enough to pay high prices to stand in lines for long periods in the Florida sun. Florida is closer to the equator so 100 degrees in Florida is worse than 100 degrees in Chicago. People think that how hot you feel is governed by 2 factors ........temperature and humidity. But, there is a 3rd factor, which is how strong are the rays of the sun. To test this simply put your hand on any black car in the afternoon in Fl., Az., or Tx.

Good thing it hasn't been very hot @ WDW in July/August since... I don't know... Forever?

It was mid to upper 90's when we first took the my oldest daughter there some 35+ years ago, and it was hot the last time I went in the summer 15 years ago...

Hell, it was hot that last time I went for a daddy daughter trip with my 3 girls at the end of March, 7 years ago...

[Gator_Girl]

Looking forward to Universal opening their new theme park Epic Universe in '25! Disney is old news. Isn't Apple buying Disney? That may possibly provide funding for new rides.

[Randall55]

One important factor left out of that analysis is that of HEAT. Florida, the US, Europe, and much of the world are experiencing record HEAT due to climate change - due to cars, trucks, and golf carts with gas engines. Disney World customers are down because they are NOT stupid enough to pay high prices to stand in lines for long periods in the Florida sun. Florida is closer to the equator so 100 degrees in Florida is worse than 100 degrees in Chicago. People think that how hot you feel is governed by 2 factors ........temperature and humidity. But, there is a 3rd factor, which is how strong are the rays of the sun. To test this simply put your hand on any black car in the afternoon in Fl., Az., or Tx.Many, many, many of my friends and relatives will not come to Florida for the reason you have stated. Add bugs and hurricanes and they run the other way as fast as possible.

[margaretmattson]

OK but, one thing to be aware of is that in Florida, Disney World is the biggest single corporation and biggest employer. So, Disney World collects sales tax, and its employees spend a lot of money in Florida and buy property, which adds to the Florida tax intake. So when you "boycott" Disney World, you are hurting yourself and your state. Florida has no state tax because we rely on a tourist economy. Disney brings in quite a share of revenue for our state but they have to change to meet the demand of the new generation of families. Keeping things that worked decades ago is not going to cut it.

[Kelevision]

This has everything to do with Disney+ streaming. All streamers are losing money, sans Netflix. Which is why there’s 2 strikes going on. I was at Epcot 3 weeks ago and Animal Kingdom last week. PACKED ( this is the slow time?) ! Not to mention Mickey’s not so scary Halloween nights is sold out every night. Parks are doing just fine.

[ThirdOfFive]

Perhaps the "silent majority" is not so silent after all. Large corporate entities are learning, the hard way, that trying to be a social media influencer comes with a cost. If you are in the entertainment business, entertain me. Once you dip your toe into the ever dividing social media cesspool, I'm out.
Indeed! Actions have consequences. And when those consequences hit the bottom line…well…

Disney is far from alone in this regard. The website rigorous themes dot com, in an article by Ben Levin, points out the dangers faced by companies who dabble in social change. But Disney has company in this regard: also affected by the “social change” phenomenon include Gillette, Nike, Pepsi and Bud Lite, as well as several others. There was a striking example of this just recently at the annual Sturgis motorcycle rally, which had pretty extensive coverage on YouTube. Bikers as a group have been known to indulge themselves in a beer or two upon occasion. I saw more than one clip showing the crowds gathering around this-or-that watering hole in Sturgis. In sharp contrast was the Budweiser tent, which stood nearly empty.

In sharp contrast to this are the success of those businesses that profess traditional values. Perhaps the best-known of these include Hobby Lobby, Marriot and Chick-Fil-A, though there are many others. Most striking among these successes, at least in my opinion, is that both Hobby Lobby and Chick-Fil-A achieve their success by being open to the public only six days per week.

None of this is a “one cause fits all” phenomenon and of course there are other issues that play into it as well. But the TRENDS are undeniable. Trying to change the traditional social status quo, when the attempts are being made by business and especially when the bottom line is dependent on catering to the public, has consequences. And all too often those consequences are not what those companies thought they would be. People express their displeasure with their pocketbooks as well as in other ways.

[ithos]

This has everything to do with Disney+ streaming. All streamers are losing money, sans Netflix. Which is why there’s 2 strikes going on. I was at Epcot 3 weeks ago and Animal Kingdom last week. PACKED ( this is the slow time?) ! Not to mention Mickey’s not so scary Halloween nights is sold out every night. Parks are doing just fine.

That is what you call anecdotal. Here are the facts.

What's behind the summer slump at Disney World and Universal Orlando | CNN Business (https://www.cnn.com/2023/07/13/business/disney-world-universal-orlando-attendance-down/index.html)
Disney World's crowds are thinning. Growing competition — and cost — may be to blame. - CBS News (https://www.cbsnews.com/news/disney-world-cost-attendance-down-ron-desantis/#:~:text=Disney%20World's%20crowds%20are%20getting ,Jacob%20Passy%20told%20CBS%20News).

Of course there is speculation for the reasons and people will spin it to fit their narrative but their aggressive radical social policies surely did not help.

[Normal]

Disney lost her crown and it is doubtful she will ever get it back. Many kids don’t even know who Mickey Mouse is. The latest generation barely recognizes her. Kids have more variety now; the entertainment exclusive is gone for good.

On top of all this entertainment is taking the corner off its precipice, traveling downhill because of the internet age, pirating and streaming.

Adios, Mickey!

[margaretmattson]

Disney lost her crown and it is doubtful she will ever get it back. Many kids don’t even know who Mickey Mouse is. The latest generation barely recognizes her. Kids have more variety now; the entertainment exclusive is gone for good.

On top of all this entertainment is taking the corner off its precipice, traveling downhill because of the internet age, pirating and streaming.

Adios, Mickey! My grandkids do not know who Mickey Mouse is but they love the movies Frozen, Little Mermaid, and Toy Story.

[Caymus]

My grandkids do not know who Mickey Mouse is but they love the movies Frozen, Little Mermaid, and Toy Story.


Do they buy mouse "ears" when they visit?:)

[Stu from NYC]

Indeed! Actions have consequences. And when those consequences hit the bottom line…well…

Disney is far from alone in this regard. The website rigorous themes dot com, in an article by Ben Levin, points out the dangers faced by companies who dabble in social change. But Disney has company in this regard: also affected by the “social change” phenomenon include Gillette, Nike, Pepsi and Bud Lite, as well as several others. There was a striking example of this just recently at the annual Sturgis motorcycle rally, which had pretty extensive coverage on YouTube. Bikers as a group have been known to indulge themselves in a beer or two upon occasion. I saw more than one clip showing the crowds gathering around this-or-that watering hole in Sturgis. In sharp contrast was the Budweiser tent, which stood nearly empty.

In sharp contrast to this are the success of those businesses that profess traditional values. Perhaps the best-known of these include Hobby Lobby, Marriot and Chick-Fil-A, though there are many others. Most striking among these successes, at least in my opinion, is that both Hobby Lobby and Chick-Fil-A achieve their success by being open to the public only six days per week.

None of this is a “one cause fits all” phenomenon and of course there are other issues that play into it as well. But the TRENDS are undeniable. Trying to change the traditional social status quo, when the attempts are being made by business and especially when the bottom line is dependent on catering to the public, has consequences. And all too often those consequences are not what those companies thought they would be. People express their displeasure with their pocketbooks as well as in other ways.

Very well said

[margaretmattson]

Do they buy mouse "ears" when they visit?:) princess crowns and magical wands

[HandyGrandpap]

Disney did (perhaps will again some day ) have a unique appeal. Many of my younger co-workers will younger kids, I sensed Disney was their mirage of future happiness as the parents and kids were in anticipation of the visit, which in retropect was more rewarding than the visit and the post credit card bills.

[GoRedSox!]

I have my eye on Disney stock, and quite honestly, I am not worried at all about their battle with the state or people saying they are woke. Those things are the distracting shiny objects. Disney is one of the most iconic brands in the world. Eiger is an exceptional CEO. The challenges that are causing a drag on the stock price, IMO, are related to Disney Plus streaming channel, what to do with ESPN, Hulu, ABC, their movies, they have a lot of stakes in media, some of which are bleeding paying members and lower ratings for broadcast TV. ESPN is still an incredibly valuable asset as live sports is still driving decent ratings. Eiger and Disney have some decisions to make. The streaming space is eventually going to rationalize and Disney Plus will be one of the survivors, it’s impossible for any other streamer to replicate their content library. I believe, this is a stock which is still making money and when they sort things out, they are going to reward investors who get in at nine year lows. Also, if the price goes much lower, I think the whispers of a company like Apple buying them will get louder. This is my opinion. Of course any stock prediction can be wrong.

[asianthree]

Disney lost her crown and it is doubtful she will ever get it back. Many kids don’t even know who Mickey Mouse is. The latest generation barely recognizes her. Kids have more variety now; the entertainment exclusive is gone for good.

On top of all this entertainment is taking the corner off its precipice, traveling downhill because of the internet age, pirating and streaming.

Adios, Mickey!

Ya know Mickey is the male and Minnie is female right. And what little girl does know the entire Let it go Song, or what a Dingle Hopper is.

[JMintzer]

Ya know Mickey is the male and Minnie is female right?

These days, how can one be sure? :loco::loco::loco:

[OrangeBlossomBaby]

They are reaping what they sow. Disney has disgusted 45% of their customer base. Ourselves included.

No way would we be a consumer of them now. We are following our hearts by not funding their corporate beliefs and stands. As well as other companies which we will not continue to be consumers.

We can stand for our beliefs by not opening our wallet.

I'll just go out on a limb and state: you ARE funding the corporate beliefs. Here are other corporations that share similar stances in support of LGBTQ++:

23andMe

2U, Inc.

Accenture

Acxiom LLC

The Adecco Group

Adobe Inc.

Advance Auto Parts

AEO Inc.

Affirm

Airbnb

AllianceBernstein

Ally

Altria Group Inc.

Amalgamated Bank

Amazon

American Airlines

American Express

American Honda Motor Company

Amgen, Inc.

Anaplan

Apple

Applied Materials, Inc.

Arcadis U.S. Inc.

Asana, Inc.

AT&T

Atlassian

Autodesk

Avanade, Inc.

Baker Tilly US

BASF Corporation

Bayer US LLC

BCW (Burson Cohn & Wolfe)

Ben & Jerry's Homemade, Inc.

Berkshire Bank

Biogen

Block, Inc. (Formerly Square, Inc.)

Bloomberg LP

Blueprint Medicines

Boehringer Ingelheim USA

Boston Consulting Group

Boston Scientific

Bounteous

Box, Inc.

Bright Health Group

Bright Horizons Family Solutions

Brown-Forman Corporation

Capital One

Cardinal Health

Cargill

Cargo Transporters, Inc.

Celanese

Center for Community Self-Help

Citigroup Inc.

Chobani

CNA Insurance

The College Board

Comcast NBCUniversal

Compass

CONVERSE, Inc.

CSAA Insurance Group

Curology

CVS Health

Dechert LLP

Deckers Brands (UGG, HOKA, Teva, Sanuk and Koolaburra by UGG)

Dell Technologies

Deutsche Bank USA Corp.

Dow Inc.

Dropbox Inc.

DWS Investments

Early Warning Services, LLC

Eastern Bank

Elanco Animal Health

Electronic Arts

EMD Serono, MilliporeSigma and EMD Electronics

Equinix

Equitable

Etsy, Inc.

FactSet Research Systems Inc.

Fastly

Flexport, Inc.

GAP, Inc.

Gearbox

General Mills

General Motors

Gilead Sciences, Inc.

GitHub

GoDaddy

Google

GP Strategies Corporation

Gusto

H&M

H&R Block

The Hartford

Hewlett Packard Enterprise

HP Inc.

Hilton

HSBC Bank USA

Hyatt

Hyve Solutions

IBM

ICM Partners

IHG Hotels & Resorts

HIS Markit

IKEA

Included Health

Instacart

Intel

International Flavors & Fragrances Inc.

Interpublic Group

Intuit

Invitae Corporation

Jacobs

Johnson & Johnson

Kellogg Company

The Knot Worldwide

The Kraft Heinz Company

LegalZoom

Levi Strauss & Co.

Lexmark International, Inc.

LinkedIn

Lululemon

Lush Fresh Handmade Cosmetics

Lyft, Inc.

Macy’s, Inc

Mailchimp

Marriott International, Inc.

Mars, North America

Marsh McLennan

MassMutual

Mattel, Inc.

Medtronic

Meta

MetLife, Inc.

Micron

Microsoft

Mobilize

Momentive

MolsonCoors

Mondelez International

New Belgium Brewing

NextRoll, Inc.

NI

Nielsen

Nike, Inc.

Nordstrom, Inc.

Nuance Communications

Okta

Oracle Corporation

Paramount Global

Pariveda Solutions

Patagonia

Patreon

PayPal

Peloton Interactive, Inc.

PepsiCo

Pinterest

Pfizer Inc.

PNC Financial Services Group

Prudential Financial, Inc.

PwC

Randstad US

RedFin Real Estate

Red Hat, Inc.

REI Co-op

Ripple

Royal Bank of Canada

Salesforce

SAP

Shipt, Inc.

Shutterstock

Signet Jewelers

Silicon Labs

Sony Interactive Entertainment

Splunk

Starbucks

State Street Corporation

SunLife

Sustainable Food Policy Alliance, including member companies Danone North America; Mars, Incorporated; Nestlé USA; and Unilever United States

Symetra Life Insurance Company

Synchrony Financial

Target

TD SYNNEX

TechNet

Teva Pharmaceuticals

Thermo Fisher Scientific

Tinuiti, Inc

T-Mobile USA Inc.

Trane Technologies

Trillium Asset Management

TriNet Group, Inc.

Tripadvisor

Twitter Inc.

Uber

UKG

Unilever United States

Union Pacific

United Airlines

Unity

Verizon

Via Transportation

VMLY&R

VMware

The Walt Disney Company

Warby Parker

WarnerMedia

Warner Music Group

Wayside Youth & Family Support Network

WE Communications

Weber Shandwick

Wells Fargo

Workday, Inc.

Xperi Holding Corporation

Xylem

Yahoo

Yelp Inc.

Yext

Zendesk

Ziff Davis

Zillow Group

Zoom Video Communications

Zynga Games

If you support ANY of these - or their subsidiaries, or USE any of their products, then yeah - you're putting your money somewhere other than your mouth.

[OrangeBlossomBaby]

We are Pass holder at Disney and Universal, both has been a ghost towns since end of pandemic. Disney lines are much longer than Universal, plus they aren’t selling out of specialty events like Disney. It’s nice to go to universal and basically walk on to rides.

Both prices are pretty close, but if you have young children, you aren’t going to take them to Universal to get the crap scared out of them. It scares me at times, so can’t imagine spending money for a 2-10yo, unlike Disney that is geared for younger crowds and sold out nights the opening ticket sales.

So which is it? Are they ghost towns, or are lines at Disney long and specialty events selling out there? If they're ghost towns, then there'd be no lines, and the specialty events wouldn't be selling out. If there are long lines and sold-out specialty events, then they're not ghost towns.

[OrangeBlossomBaby]

That is not a good reason to support a company that does things that are against your principal.

One can even go to Universal and spend your money there.

Yeah because they don't double down on huge donations to LGBTQ+ causes.
Oh, wait...

Universal Orlando Pledges Support to LGBTQ+ Community With Huge Donation - Inside the Magic (https://insidethemagic.net/2023/05/universal-orlando-pledges-support-to-lgbtq-community-with-huge-donation-cj1/)


Guess the grandkids will just have to play on the swings in their own back yard from now on, because grandpa's gotta stick to his principals. Should be an interesting conversation when the kids ask why.

[manaboutown]

Yeah because they don't double down on huge donations to LGBTQ+ causes.
Oh, wait...

Universal Orlando Pledges Support to LGBTQ+ Community With Huge Donation - Inside the Magic (https://insidethemagic.net/2023/05/universal-orlando-pledges-support-to-lgbtq-community-with-huge-donation-cj1/)


Guess the grandkids will just have to play on the swings in their own back yard from now on, because grandpa's gotta stick to his principals. Should be an interesting conversation when the kids ask why.

This grandpa sticks to his principles.

[Topspinmo]

I'll just go out on a limb and state: you ARE funding the corporate beliefs. Here are other corporations that share similar stances in support of LGBTQ++:

23andMe

2U, Inc.

Accenture

Acxiom LLC

The Adecco Group

Adobe Inc.

Advance Auto Parts

AEO Inc.

Affirm

Airbnb

AllianceBernstein

Ally

Altria Group Inc.

Amalgamated Bank

Amazon

American Airlines

American Express

American Honda Motor Company

Amgen, Inc.

Anaplan

Apple

Applied Materials, Inc.

Arcadis U.S. Inc.

Asana, Inc.

AT&T

Atlassian

Autodesk

Avanade, Inc.

Baker Tilly US

BASF Corporation

Bayer US LLC

BCW (Burson Cohn & Wolfe)

Ben & Jerry's Homemade, Inc.

Berkshire Bank

Biogen

Block, Inc. (Formerly Square, Inc.)

Bloomberg LP

Blueprint Medicines

Boehringer Ingelheim USA

Boston Consulting Group

Boston Scientific

Bounteous

Box, Inc.

Bright Health Group

Bright Horizons Family Solutions

Brown-Forman Corporation

Capital One

Cardinal Health

Cargill

Cargo Transporters, Inc.

Celanese

Center for Community Self-Help

Citigroup Inc.

Chobani

CNA Insurance

The College Board

Comcast NBCUniversal

Compass

CONVERSE, Inc.

CSAA Insurance Group

Curology

CVS Health

Dechert LLP

Deckers Brands (UGG, HOKA, Teva, Sanuk and Koolaburra by UGG)

Dell Technologies

Deutsche Bank USA Corp.

Dow Inc.

Dropbox Inc.

DWS Investments

Early Warning Services, LLC

Eastern Bank

Elanco Animal Health

Electronic Arts

EMD Serono, MilliporeSigma and EMD Electronics

Equinix

Equitable

Etsy, Inc.

FactSet Research Systems Inc.

Fastly

Flexport, Inc.

GAP, Inc.

Gearbox

General Mills

General Motors

Gilead Sciences, Inc.

GitHub

GoDaddy

Google

GP Strategies Corporation

Gusto

H&M

H&R Block

The Hartford

Hewlett Packard Enterprise

HP Inc.

Hilton

HSBC Bank USA

Hyatt

Hyve Solutions

IBM

ICM Partners

IHG Hotels & Resorts

HIS Markit

IKEA

Included Health

Instacart

Intel

International Flavors & Fragrances Inc.

Interpublic Group

Intuit

Invitae Corporation

Jacobs

Johnson & Johnson

Kellogg Company

The Knot Worldwide

The Kraft Heinz Company

LegalZoom

Levi Strauss & Co.

Lexmark International, Inc.

LinkedIn

Lululemon

Lush Fresh Handmade Cosmetics

Lyft, Inc.

Macy’s, Inc

Mailchimp

Marriott International, Inc.

Mars, North America

Marsh McLennan

MassMutual

Mattel, Inc.

Medtronic

Meta

MetLife, Inc.

Micron

Microsoft

Mobilize

Momentive

MolsonCoors

Mondelez International

New Belgium Brewing

NextRoll, Inc.

NI

Nielsen

Nike, Inc.

Nordstrom, Inc.

Nuance Communications

Okta

Oracle Corporation

Paramount Global

Pariveda Solutions

Patagonia

Patreon

PayPal

Peloton Interactive, Inc.

PepsiCo

Pinterest

Pfizer Inc.

PNC Financial Services Group

Prudential Financial, Inc.

PwC

Randstad US

RedFin Real Estate

Red Hat, Inc.

REI Co-op

Ripple

Royal Bank of Canada

Salesforce

SAP

Shipt, Inc.

Shutterstock

Signet Jewelers

Silicon Labs

Sony Interactive Entertainment

Splunk

Starbucks

State Street Corporation

SunLife

Sustainable Food Policy Alliance, including member companies Danone North America; Mars, Incorporated; Nestlé USA; and Unilever United States

Symetra Life Insurance Company

Synchrony Financial

Target

TD SYNNEX

TechNet

Teva Pharmaceuticals

Thermo Fisher Scientific

Tinuiti, Inc

T-Mobile USA Inc.

Trane Technologies

Trillium Asset Management

TriNet Group, Inc.

Tripadvisor

Twitter Inc.

Uber

UKG

Unilever United States

Union Pacific

United Airlines

Unity

Verizon

Via Transportation

VMLY&R

VMware

The Walt Disney Company

Warby Parker

WarnerMedia

Warner Music Group

Wayside Youth & Family Support Network

WE Communications

Weber Shandwick

Wells Fargo

Workday, Inc.

Xperi Holding Corporation

Xylem

Yahoo

Yelp Inc.

Yext

Zendesk

Ziff Davis

Zillow Group

Zoom Video Communications

Zynga Games

If you support ANY of these - or their subsidiaries, or USE any of their products, then yeah - you're putting your money somewhere other than your mouth.

They have to it’s law.

[OrangeBlossomBaby]

They have to it’s law.

No, that's a whole other thing. The law says you can't discriminate based on sex. It doesn't require that they actively SUPPORT lgbtq++ causes or donate to related charities or support outlets. The entire list is a list of companies that actively support, and have made public statements and signed off on documentation publicizing their active support. There's no law that requires companies include gay couples in their advertising. Or sell products promoting diversity via rainbows and catch-phrases. Every company on that list PROMOTES their support lgbtq++ national policy. They've made this statement here:
200+ Major U.S. Companies Oppose Anti-LGBTQ+ State Legislation - Human Rights Campaign (https://www.hrc.org/press-releases/200-major-u-s-companies-oppose-anti-lgbtq-state-legislation)

The list of companies are the signatories on that statement.

[Robbb]

Very well said

I was at Sturgis, the Budweiser display was vacant the entire week. They had a huge booth with probably the best location in the town.

[Robbb]

No, that's a whole other thing. The law says you can't discriminate based on sex. It doesn't require that they actively SUPPORT lgbtq++ causes or donate to related charities or support outlets. The entire list is a list of companies that actively support, and have made public statements and signed off on documentation publicizing their active support. There's no law that requires companies include gay couples in their advertising. Or sell products promoting diversity via rainbows and catch-phrases. Every company on that list PROMOTES their support lgbtq++ national policy. They've made this statement here:
200+ Major U.S. Companies Oppose Anti-LGBTQ+ State Legislation - Human Rights Campaign (https://www.hrc.org/press-releases/200-major-u-s-companies-oppose-anti-lgbtq-state-legislation)

The list of companies are the signatories on that statement.

Yea, I think you are going to lose the audience if you are promoting discrimination of anyone. I could be wrong, but I believe most people, like me, couldn't care less what a person's lifestyle is, we just don't want an alternative lifestyle pushed on us.

[Caymus]

I was at Sturgis, the Budweiser display was vacant the entire week. They had a huge booth with probably the best location in the town.

I pity the people who had to "man" the booth.

Do they hand out free/discounted beer?

[Stu from NYC]

I pity the people who had to "man" the booth.

Do they hand out free/discounted beer?

The true males and females do not but some of the other so called genders give it away by the case.

[Robbb]

I pity the people who had to "man" the booth.

Do they hand out free/discounted beer?

No they didn't. That was the big "miss" of their marketing department. If they would have been giving away free beer served by bikini clad women the place would have been packed.

[HandyGrandpap]

Stock price below $80 today intraday, who would have thought, even below pandemic levels when parks were shut down,

[Two Bills]

One thing a lot of people discount, is the spending power of the Lesbian and Gay community.
They are loaded.
Businesses are not going to upset and lose the Pink$$$$$.
The L&G spending power is enormous.

[ithos]

One thing a lot of people discount, is the spending power of the Lesbian and Gay community.
They are loaded.
Businesses are not going to upset and lose the Pink$$$$$.
The L&G spending power is enormous.

Then why is Disney at 2014 lows?

However, at these levels there will be trading opportunities.

[CoachKandSportsguy]

Then why is Disney at 2014 lows?
However, at these levels there will be trading opportunities.

The value of their non theme park assets have taken a huge hit.
They own lots of media content, and the finance value of that media content has been declining steadily due to the competition in the distribution market place. . .

See Disney vs Charter price dispute. .

I follow someone who mints money by trading after he trained robots to automate a trading style. His key is that he focused the robots on how to buy CHEAP, as there is always a floor to buying good assets cheap. . Selling over valued assets or expensive stocks is much, much harder, as there are cults and holders, and sometimes its really worth that much. .

[Caymus]

Then why is Disney at 2014 lows?

However, at these levels there will be trading opportunities.


One reason is that they drastically overpaid for the Fox assets in 2019.

[ithos]

One reason is that they drastically overpaid for the Fox assets in 2019.

That makes sense.

Fox goes gay: network receives ‘excellent’ rating for inclusiveness | US television | The Guardian (https://www.theguardian.com/tv-and-radio/2015/sep/03/fox-goes-gay-network-receives-excellent-rating)
Thu 3 Sep 2015 13.54 EDT

[JMintzer]

That makes sense.

Fox goes gay: network receives ‘excellent’ rating for inclusiveness | US television | The Guardian (https://www.theguardian.com/tv-and-radio/2015/sep/03/fox-goes-gay-network-receives-excellent-rating)
Thu 3 Sep 2015 13.54 EDT

The article purposely conflates FOX Entertainment and FOX News...

That said, who cares?

[GoRedSox!]

The drop the last few days is almost all attributable to the ESPN/Disney carriage dispute with Spectrum. They have millions of homes not carrying these channels and that is a significant revenue hit. Not good for Spectrum, either. With the NFL season starting tonight, it will be interesting to see who blinks first. Spectrum could lose many customers permanently if they do not have ESPN in time for Monday Night Football.

[thelegges]

The drop the last few days is almost all attributable to the ESPN/Disney carriage dispute with Spectrum. They have millions of homes not carrying these channels and that is a significant revenue hit. Not good for Spectrum, either. With the NFL season starting tonight, it will be interesting to see who blinks first. Spectrum could lose many customers permanently if they do not have ESPN in time for Monday Night Football.

Use spectrum for wifi, steam with whatever company I need.

[kkingston57]

I refuse to go because a bottle of water costs $7! Seriously? You make your customers spend nearly $30 (family of 4) to keep hydrated in the hot Florida sun? No thanks!


$7 for water. Thats worse than a $10 beer at a concert. Another reason why I use a fountain and/or share a drink.

[kkingston57]

Greed destroys all. Universal is next. I just priced tickets for 2 to go to that Halloween fright night ....with ride's, between $450 and $550 for 1 night. Oh parking is extra.

This is everywhere. Walk up to a window at a major ski resort and be ready to spend at least $200 to ski for a day. Close to $300 during holiday season.

[kkingston57]

Case studies have shown the transition from an entrepenure in which the business was built on various values and principles that transitions to be run by accounts is fully profit motiviated, ie Disney. An exception would be Chic-Fil-A.
TV's will also make that transition over time and you will see many of the services drop and fee's increase, very likely probability it will be sold to a major corporation or perhaps file for a IPO.

Problem is that Disney is major corporation.

[kkingston57]

Indeed! Actions have consequences. And when those consequences hit the bottom line…well…

Disney is far from alone in this regard. The website rigorous themes dot com, in an article by Ben Levin, points out the dangers faced by companies who dabble in social change. But Disney has company in this regard: also affected by the “social change” phenomenon include Gillette, Nike, Pepsi and Bud Lite, as well as several others. There was a striking example of this just recently at the annual Sturgis motorcycle rally, which had pretty extensive coverage on YouTube. Bikers as a group have been known to indulge themselves in a beer or two upon occasion. I saw more than one clip showing the crowds gathering around this-or-that watering hole in Sturgis. In sharp contrast was the Budweiser tent, which stood nearly empty.

In sharp contrast to this are the success of those businesses that profess traditional values. Perhaps the best-known of these include Hobby Lobby, Marriot and Chick-Fil-A, though there are many others. Most striking among these successes, at least in my opinion, is that both Hobby Lobby and Chick-Fil-A achieve their success by being open to the public only six days per week.

None of this is a “one cause fits all” phenomenon and of course there are other issues that play into it as well. But the TRENDS are undeniable. Trying to change the traditional social status quo, when the attempts are being made by business and especially when the bottom line is dependent on catering to the public, has consequences. And all too often those consequences are not what those companies thought they would be. People express their displeasure with their pocketbooks as well as in other ways.

Might want to read post #55. Woke is or will be a passing political point fad and boycotts go hand in hand. Look at the guy selling pillows.

[Bill14564]

$7 for water. Thats worse than a $10 beer at a concert. Another reason why I use a fountain and/or share a drink.

Contrary to posts in this thread, bottled water at Disney is $3.75.... at least that's what they were charging last week.

[Randall55]

Contrary to posts in this thread, bottled water at Disney is $3.75.... at least that's what they were charging last week. Depends on where you buy them. But, thanks for the info. Next time I will shop around. I do not wish to spend my grandkids college fund on bottled water.

[CoachKandSportsguy]

The drop the last few days is almost all attributable to the ESPN/Disney carriage dispute with Spectrum. They have millions of homes not carrying these channels and that is a significant revenue hit. Not good for Spectrum, either. With the NFL season starting tonight, it will be interesting to see who blinks first. Spectrum could lose many customers permanently if they do not have ESPN in time for Monday Night Football.

A trader friend commented : "Is this a ploy by $DIS to push everyone to streaming, and then they can start increasing the rates again? just like in the beginning of cable tv to now?"

$DIS made the streaming investment, now how to get the return on investment?

[Two Bills]

Contrary to posts in this thread, bottled water at Disney is $3.75.... at least that's what they were charging last week.

So a pint of Disney water is more than a gallon of gas.
My brother in law is pumping the wrong stuff at his gas station!

[Randall55]

So a pint of Disney water is more than a gallon of gas.
My brother in law is pumping the wrong stuff at his gas station! Better yet! If you can fancy up the gas station and sell it with a generic, to-go cup with ice, you can get $7 a bottle. Trust me, I know. Mickey seems to think if you want ice on a scorching hot day for your sweating grand children, then double the price for you!

[Bill14564]

Better yet! If you can fancy up the gas station and sell it with a generic, to-go cup with ice, you can get $7 a bottle. Trust me, I know. Mickey seems to think if you want ice on a scorching hot day for your sweating grand children, then double the price for you!

Though many people aren't aware of this, cups of ice water are free at most counter service restaurants in Disney.

[Bill14564]

So a pint of Disney water is more than a gallon of gas.
My brother in law is pumping the wrong stuff at his gas station!

Depends on gas prices but yes, $3.75 is more than $3.57.

(EDIT: As mentioned above and pointed out below, water is priced by the pint while gas is priced by the gallon. I sure hope gas never gets to $30/gal! At $0.18 to $0.30 per bottle in grocery stores it is still more expensive than gas even without the huge markup)

But from what I can find through DuckDuckGo, Disney water is cheaper than Universal Studios water or Dallas Cowboys water. There might be a business in buying from Disney and selling in the Universal Studios parking lot.

Or, you can buy from Sam's and carry it in with you.

[Two Bills]

Depends on gas prices but yes, $3.75 is more than $3.57.

Disney water is $3.75 a pint, gas by the gallon.

[Bill14564]

Disney water is $3.75 a pint, gas by the gallon.

Missed that! Makes a big difference.

[JMintzer]

The drop the last few days is almost all attributable to the ESPN/Disney carriage dispute with Spectrum. They have millions of homes not carrying these channels and that is a significant revenue hit. Not good for Spectrum, either. With the NFL season starting tonight, it will be interesting to see who blinks first. Spectrum could lose many customers permanently if they do not have ESPN in time for Monday Night Football.

Disney+ has been bleeding subscribers for well over a year now...

[Two Bills]

Wife and I took our then young grandson to Magic Kingdom
Went on all the rides I never turned a hair or felt bad.
Last ride was probably the slowest gentlest ride in the place.
The bl**dy Tea Cups.
I came off white as a sheet and sick as a dog, to all and sundries great amusement!
Give me Universal any time!

[Stu from NYC]

I do believe they have discovered the price point that kills their business.

[Normal]

Hopefully Spectrum drops Disney completely. They were paying them almost 2 billion a year without advertising. As far as the loss of ABC goes, it can be picked up as a local. The old business model that Disney depended on is gone. Just ask entertainers who have had to go newer and more creative ways to generate revenue. There are the Taylor Swifts of artistic revenue and then there are the rest. Sorry Disney Disney you are in with the rest. Gone are the big story book days. Disney is stuck in CD, cassette world, while the rest watch it for free through a multitude of platforms.

[gatorbill1]

Bought Thursday and up $1.01 Friday - expect to double price in 2 years.

[Stu from NYC]

Bought Thursday and up $1.01 Friday - expect to double price in 2 years.

Good luck but kind of doubt it.

[Caymus]

Hopefully Spectrum drops Disney completely. They were paying them almost 2 billion a year without advertising. As far as the loss of ABC goes, it can be picked up as a local. The old business model that Disney depended on is gone. Just ask entertainers who have had to go newer and more creative ways to generate revenue. There are the Taylor Swifts of artistic revenue and then there are the rest. Sorry Disney Disney you are in with the rest. Gone are the big story book days. Disney is stuck in CD, cassette world, while the rest watch it for free through a multitude of platforms.

They may. Apparently providing broadband is much more profitable than the associated cable package. They want to provide "skinny" packages. Services like ESPN drive up the costs and many customers don't watch it.

[gatorbill1]

Nine year low today at $82.
Parks cost too much, long lines, hotels overcharge.
If you listened to the last Quarterly update, their answer to lower revenue is to increase prices.



Disney closes at lowest in nearly nine years as investors turn bearish | Reuters (https://www.reuters.com/business/media-telecom/disney-drops-lowest-over-three-years-investors-turn-bearish-2023-08-24/#:~:text=Aug%2024%20(Reuters)%20%2D%20Shares,in%20 the%20next%20few%20months).

Look at it today and smile if you bought at $82 or less

[photo1902]

No one goes there anymore. The lines are too long! Haaaaaa

[Babubhat]

Get out of the streaming business and it will rise 50%. Activist investors will get the price up eventually.

[Keefelane66]

If you are a Florida Resident you qualify for discounts same for Universal

[Michael G.]

You better hope this distraction about Disney is short lived.
Those people bring in Mucho bucks to the state of Florida.
I'd hate to see our tax dollars go sky high if anything would happen to Disney.

[kkingston57]

Wow guess they do not understand their customer base.

Incredible what a 4 day stay at their parks cosdt these days

Probably less than Vegas. Just got back. Do not go there on a week end

[NatureBoy]

I'm very concerned about the results of the recent audit of the Reedy Creek Improvement District (RCID) by the Central Florida Tourism Oversight District (CFTOD). The sources I'm listening to say Disney could be on the hook for hundreds of billions in penalties and fines. Activist investors (Nelson Peltz and crew) can push Iger out, change the Board of Directors, and anything else they want, but if the government (state and/or federal) goes after Disney for the various crimes asserted in the audit, they could be in a whole world of hurt.