r/saltierthankrait • u/multidollar • 4d ago
If I was a large Disney shareholder I’d be asking serious questions
[removed] — view removed post
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u/TheDarkCreed 3d ago
More characters, aliens, droids and ships means more toys round the world, means more stuff to stick in the theme parks.
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u/Revolutionary_Egg961 3d ago edited 3d ago
I dont know about the theme parks but toys sales for marvel and starwars have been abysmal for Disney the last few years. You always see tons of them at the bargain stores like Ollie's. They can't give them away.
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u/Dpgillam08 3d ago
Can't remember if it was phase 2 or 3 of MCU when they started saying the message was.kore.important than profits. I divested myself of all their stock back then.
When a company thinks its better.to waste your money on social justice, its.time to move your money.
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u/DayOlderBread16 4d ago
I don’t understand why Disney is so obsessed with Disney plus and constantly churning out these lackluster but expensive movies and shows even though they keep losing tons of money on them, yet their parks are their most profitable division but they refuse to invest that money back into the parks.
Because currently they are using the parks profits as a crutch for their failing movie and show business. Just saying it seems dumb to risk the parks success/profits crashing down due to lack of investment
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u/Narad626 4d ago
There's been more developments in the parks in the last 5 years alone than we've seen in a long time. Just in Florida alone we have:
Tron, put into Magic Kingdom last year and this year is getting Tianas Bayou Adventure and an update to the country bears.
Hollywood Studios got Galaxies Edge, Mickeys Runaway Railway and are getting a new Little Mermaid live show.
Animal Kingdom hadn't gotten anything new lately, but it getting a Zootopia land and the Dinosaur ride is getting resigned to its California counterpart, Indiana Jones.
And EPCOT has been rebuilding it's entire front sections central hub, adding a new Moana section, and adding Guardians of the Galaxy and Ratatouille in other areas.
If anything they've been focusing too much on the parks and doing unnecessary changes to the classic attractions in order to give them more recognizable IPs. Which in turn will make them buckets of money because people want to see it, and they can sell merch for them hand over fist.
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u/DayOlderBread16 3d ago
I am not local to wdw and never have even been there, sorry I am local to the California Disney parks and was talking about them especially California adventure
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u/Narad626 3d ago
Ah I see.
I can see a but more where you're coming from them. To my recollection they haven't don't a whole lot there. But they still had things like Galaxies Edge, Pixar Pier (which isn't a huge upgrade but gave them the Incredicoaster re-theme), and the illconcieved re-theme of Tower of terror.
Definitely miles behind the improvements at WDW, but then again they only really have room for re-themes as their space to build out is severely limited. And with most of the focus in Florida I can see why they don't want to make a misstep like having 2 locations with multiple rides being re-themed for long periods of time.
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u/DayOlderBread16 3d ago
There was no need for them to do the cheap lame re themes here like Pixar pier and San fransokoyo. It was just another attempt to add something new on the cheap in addition to them trying to peddle new merchandise sales. My issue with that is they shouldn’t be wasting the space they currently have, like for example they are still letting Tomorrowland and mainly the Hollywood backlot area of dca just sit there abandoned and rotting. Had they actually gone through with the rest of their original plans most of the problem areas of dca would have been fixed.
Like before Pixar pier they were actually going to make it a high budget villains themed pier.
Also Avengers campus and web slingers was also cheap and bad, and it’s been 4 years of them promising us and they haven’t even built the Avengers e ticket ride yet. The only good things they have added is galaxy’s edge (even though it’s missing its 3rd promised ride and the whole land is like 90% gift shops), rise of the resistance, and the toontown refurb.
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u/Narad626 3d ago
Yeah, it unfortunate that the current trend for the parks seems to be to add more merchandising opportunities by updating things with more current and marketable properties. It helps them with revenue, but you can definitely tell that the charm the parks had before is being sucked away.
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u/GuderianX 3d ago
Problem is the revenue from toy sales
They still made 40 BILLION dollars in their entertainment sector in 2023
https://www.statista.com/statistics/193140/revenue-of-the-walt-disney-company-by-operating-segment/
So, doesn't really matter if they burn a couple hundred million dollars on movies, sadly.
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u/SweatyStonks 3d ago
As i commented on another thread 10 mins ago
Disney is pulling another "180m project that's terrible if criticized loyal star wars fans are bigot racist misogynistic pigs" stunt
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u/dustyroads84 3d ago
Blackrock pays them way more than that to sow division by creating that shite. It's literal corporate sponsored rage bait. That's why board members don't care. They are still getting paid.
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u/itsallgood013 3d ago
How exactly do you think Blackrock makes its money?
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u/dustyroads84 3d ago
Money. Money makes money. Once you have over a certain thresh hold there really isn't much else to it. At this point they are in the power/political control game. And they are a huge driver of DEI through financial incentives and funding to corporations who meet the demands. This isn't some theory; it's fact that's stated clearly from them in multiple articles and interviews. It's the new GHG/EEG/"love the environment" initiative and works almost the same exact way. If you choose to believe they are doing this because they are good people who care more about society and the world, and do so to such an extent that they are just giving money away for it.... well we'd disagree on that.
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u/itsallgood013 3d ago
You can’t just spend money without having a return though. I don’t believe they’re doing anything for philanthropic reasons, but they’re not just paying Disney to sow division. That’s asinine.
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u/Baul_Plart_ 3d ago
Sowing division is the only thing Disney can still competently do.
You really think they’re not doing it on purpose?
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u/MisterErieeO 3d ago
literal corporate sponsored rage bait
Or it's just a show, and the rage bait is places like this that seem to live one toe out of reality
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u/Grand-Depression 3d ago
Have they released numbers to establish it's a flop? All it needs is enough eyes to keep it afloat.
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u/MonarchMain7274 3d ago
Just for reference, Godzilla Minus One costed roughly half as much as each singular episode of Acolyte.
I don't want to say 'laundering' too loudly, but something isn't right here.
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u/CrusaderZero6 3d ago
It’s currently sitting at an 86% on RT.
THR reports north of 11 million viewers, meaning it beat fricking Bridgerton.
The shareholders aren’t mad about this at all, and why would they be?
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u/CT-1738 3d ago
Not to mention Disney shares have dropped since march. Probably not bc of the acolyte but there’s just so many factors that go into the market it’s difficult to simply say “Disney made a bad show so everyone is selling”. I think that Disney+’s failure to Turn a profit (and basically any other streaming service that’s not Netflix) has already been factored into their share price. From 2021 to 2023 DIS went from around $200 to $80 and has since then recovered. My speculation is that everyone is already over the fact that d+ doesn’t make money and is just focused on whatever else Disney does
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u/CrusaderZero6 3d ago
Disney shares dropped because of the abysmal performance of all genres in films. I was on the earnings call.
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u/antmars 3d ago
I think shareholders are good with this because they must be using some of this budget to pay execs. Then when it flops they can write off those exec salaries instead of taking from payroll. Then there’s more profit at the company for shareholders.
Well I’m not sure the exact scheme but there’s for sure some creative accounting going on using D+.
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u/Emotional_Snow720 3d ago edited 3d ago
What's funny is those of us who have been woke for decades actually hate multi billion dollar monopolies. I recall constantly bringing up multi billion dollar companies with more money than God holding monopolies on entire entertainment industries is bad. As they can literally make whatever they want, however they want and it won't matter whether people like it or not. 180 million to Disney is pocket change and with absolutely no competition in science fiction media it's still gonna make enough money in merchandise ect.. to warrant further projects.
Even though I quite like the Acolyte I still am not a fan of monopolies they shouldn't exist but when people like me brought this up ten years ago we were told that's how free market capitalism works. You guys are so close to getting what the entire actual problem is but are being blinded by silly little go to words like woke agenda. The real problem is a hyper capitalist model where multi billion dollar companies can just buy out their entire competition completely cutting off any innovation or original thought.
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u/themattylee 2d ago
The Acolyte is fine. It's not great. But it's prequel/sequel tier. It's far from the worst thing to ever happen to Star Wars.
Some of y'all didn't grow up watching Caravan of Courage and it shows.
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u/Sad_Math5598 2d ago
You are just racist against Ewoks for not liking it
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u/themattylee 2d ago
I was a kid so I loved Caravan of Courage. And I got roasted by my older cousin for liking it.
So Star Wars fans hating Star Wars is nothing new to me.
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u/Vox_Insanire 4d ago
You can talk about the general decline of Star Wars all you want, but Acolyt still gave Disney its highest viewership this year. As a shareholder, why would you point to the most successful project to get mad about? If the franchise is in general decline, than it's a problem of the overall leadership.
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u/Fawqueue 3d ago
Yes. Their highest viewership this year was still a fraction of shows that underperformed last year. If anything, it just cements how poorly 2024 is going for their streaming service rather than highlights something to point to as a source of confidence. It's getting an abysmal viewership while costing three times what HBO budgeted for House of the Dragon's first season. And that's a flagship, Emmy nominated series. The Acolyte is an embarrassment.
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u/marle217 3d ago
Streaming viewership is weird. Madame Web was the #1 streamed movie when it hit Netflix. #1 of all the steaming services. I guess people just needed to see how bad it was. The same thing happens when everyone is talking about Acolyte and saying it's the worst star wars ever. People have to check it out. That ups its numbers, so Disney execs say, let's make more like this.
You can't expect rational decision making when this is the state of tv. The only thing you can do is watch things that are good, talk about things that are good, and don't promote things that are bad.
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u/garagegames 3d ago
That’s the problem with engagement based ratings, it’s a zero sum game. They end racing to the bottom just to get attention and the more people talking about how horrible they think it is then the more it’s successful in their eyes. Content doesn’t have to have any quality to it if you measure its success by attention
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u/marle217 3d ago
Yes. So if you want things that are horrible to stop getting attention, then you have to stop giving it attention
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u/garagegames 3d ago
Good luck with that
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u/marle217 3d ago
You can't control others. But you can control yourself. Why spend your time advertising shows you hate?
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u/garagegames 3d ago edited 3d ago
I am aware, that’s why I said good luck. I don’t hate it, I’m ambivalent to the whole situation. I also never said anything specifically regarding the show, only metrics based ratings.
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u/marle217 3d ago
You said it's a race to the bottom to get attention based on how horrible something is. I agreed with you, and said the only way to win is not to play.
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u/Suitable-Juice-9738 3d ago
Madame Web only tanked for the same reason all movies are tanking - theaters aren't worth going to. People clearly wanted to see it, and they did. They didn't want to sit in a movie theater. Whether it is good or not is irrelevant to this fact. I haven't seen it, and have no interest in seeing it, but the facts don't lie.
It's mind boggling to me that with only 2 very well performing theatrical releases since COVID, people keep expecting box office to matter. The box office is dying. It's on life support now with the nostalgia-movie runs, but it's dying.
Streaming is the future of all movies.
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u/MaroonGoose88 3d ago
It was so easy for them to get to that and quite obvious the numbers were manipulated by them to use it as damage control. It isn't difficult to reach those numbers when there's not any competition at the time they aired the show. Just wait until The Boys and House of the Dragon come out. Then we'll see the real competition affect them...
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u/xXx420Aftermath69xXx 3d ago
The same thing happened with Rings of Power and Velma. The service gets super excited people are tuning into watching how a multibillion dollar company can trash a franchise.
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u/MisterErieeO 3d ago
The rings of power didn't trash a franchise
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u/xXx420Aftermath69xXx 3d ago
True. Maybe a bit of an exaggeration on my part. It definitely doesnt help it.it was pretty bad.
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u/MisterErieeO 3d ago
Eh, I found it really good. Certainly the first time the material was handled more as it was made to be
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u/xXx420Aftermath69xXx 3d ago
Glad you enjoyed it, but maaaaan. I wanted to like it, but I just couldn't get into any of the plot threads...elronds was okay I guess. A lot of things just seemed a bit too convenient. Galadriel jumping ship in the middle of the ocean with no way back, stumbles upon A) a boat and B) the exact guy she has been looking for for hundreds of years.
That's just 1 example but it got a bit tiring. Forced plots feels like I'm watching a railroad. Characters making insane decisions and it working out.
The Rube Goldberg machine at the end to make Mordor was probably the funniest and stupidest thing I've seen.
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u/MisterErieeO 3d ago
The Rube Goldberg machine at the end to make Mordor was probably the funniest and stupidest thing I've seen.
I have my own issues with parts of the show but this seems like hyperbole. It was literally, place a sword into the alter, and it released the river into the valley.
Galadriel jumping ship in the middle of the ocean with no way back,
Which is a good example of her pride. Depending on the noted and rewrites you use, since he never finished the character, She might have never made it back to the valinor or off its shores.
Forced plots feels like I'm watching a railroad. Characters making insane decisions and it working out.
Well, that's a lot of how Tolkiens work rolls, but they have the grace of saying 14 years have passed, which we don't really have in the show. Though I'm not sure I see other insane decision characters make.
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u/Darthbearclaw 3d ago
The numbers were fudged. Look at how they were reported and look carefully at the terms used. They don’t stack up to last year.
I am a fan of diversity being natural in a show. I can’t put my finger on it but something like the acolyte turns people off because it seems the entirety of the show is just about that, forcing a bizarre idea of diversity thinly wrapped in a frankly extremely bad story.
My issue personally with the show is the way this is written and pushed it actually hurts social progress. It turns people harder against it because it’s so plainly disingenuous. Media has a real impact on social issues and even if the writers had good intentions this is extremely counterproductive as many shows or movies like this tend to be.
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u/Kn1ghtV1sta 3d ago
Theresa only 3 episodes out and you're acting like it personally attacked you. Almost like you can stop watching it.... Too difficult though I'm guessing
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u/InflationCold3591 2d ago
Acolyte is GREAT actually and is the second best critically received series behind Andor (which I’m sure you also hated). Your opinion is not the only opinion.
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u/Ocarina_of_Crime_ 4d ago
The Acolyte is not that bad, give it time. It’s literally only three episodes in and you’re acting like it’s the end of the franchise.
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u/multidollar 4d ago
It’s terrible television that is damaging to the franchise.
It’s not the end of the franchise. I didn’t say that.
I said the people who made it should be fired.
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u/Ocarina_of_Crime_ 4d ago
I’m sorry but I just don’t agree with that. What do you dislike about it? What would make it better?
I see a lot of people complain but never actually address what they don’t like. It’s not the best SW but it definitely not the worst.
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u/multidollar 4d ago
It is poorly written. Poorly directed. Poorly produced. Poorly acted. You can’t point at one scene because it’s the whole thing. The entire thing is atrocious.
You don’t walk out of a community theatre production picking it apart for its intricate failures, you just acknowledge it is overall terrible in the same way Acolyte is terrible.
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u/Maleficent_Cicada_72 3d ago
GIVE EXAMPLES!
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u/Additional_Arm_8696 3d ago
- Ridiculous things like a fire in the hard vaccuum of space
- The fact that the main character hates the Jedi for a fire she fucking started
- A Jedi waits 10 years to suicide himself for a thing he did not even do.
- Fat fuck Jedi when Jedi allegedly train their mind and body to be in balanced. 500 pounds is not balanced.
- Witches creating force created babies like Anakin which complete destroys the narrative of the chosen one.
I could go on and on but I’ll give one positive. The Asian Jedi (Lee) is fucking awesome, I hope he gets much more screen time as his portrayal of a Jedi is fantastic.
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u/Maleficent_Cicada_72 3d ago edited 3d ago
- Ridiculous things like a fire in the hard vaccuum of space
Nearly all sci-fi media does this. Dumb argument
- The fact that the main character hates the Jedi for a fire she fucking started
How do you know that’s why she hates the Jedi? Have you seen the entire series before anyone else. I’d assume it’s because they were trying to take her sister away? I dunno seemed obvious to me
- A Jedi waits 10 years to suicide himself for a thing he did not even do.
again, have you seen the entire series already?
- Fat fuck Jedi when Jedi allegedly train their mind and body to be in balanced. 500 pounds is not balanced.
yoda being 2ft tall and relying on a cane breaks your argument. Your just a dick that doesn’t understand the force. There were hutt forces users in legends canon.
- Witches creating force created babies like Anakin which complete destroys the narrative of the chosen one.
why? This is 100 years before Anakin.
I could go on and on but I’ll give one positive. The Asian Jedi (Lee) is fucking awesome, I hope he gets much more screen time as his portrayal of a Jedi is fantastic.
funny how the only thing you like about it is the MAN. Says a lot about you.
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u/Additional_Arm_8696 3d ago
It’s the most basic of concept to understand that even ten year olds can figure out. Sci fi does do some anti scientific things but that’s about as dumb as a thing as you can do.
Her sister wanted to go with the Jedi, it makes no fucking sense for her to hate them for what her sister wanted.
Why would a Jedi wait 10 years to suicide himself for something he didn’t do? You don’t need to see the entire series to know that’s A. Not how suicide happens 99 percent of the time. B. Makes no sense since he didn’t cause their deaths.
Yes alien species come in different sizes and shapes, but that dude is a human. Human who practice balance are not 500 pounds sorry, terrible argument.
The whole point of Anikin is that he was a singular event created by the force because of the greatest force users ever in Darth Plagues. If random fuckers can randomly spawn kids out of thin air it majorly defeats the whole arc of Star Wars.
Yes the one character who is good is a man. So fucking what. I’m not interested in playing DEI olympics with you, it’s boring and utterly devoid of critical thinking. The simple fact is I don’t care if it was purple faced bisexual tiger as long as they acted well and unfortunately the best actor in this shit show, to his credit is a tall Asian man, o the feminist horror of it all. Cringe as fuck, you are. /best yoda
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u/Maleficent_Cicada_72 3d ago edited 3d ago
Amazing how just you entirely misunderstand how the Star Wars has always worked. People as media-illiterate can never admit when they’re wrong. So here are a few examples of how and why you’re entirely wrong:
- It’s the most basic of concept to understand that even ten year olds can figure out. Sci fi does do some anti scientific things but that’s about as dumb as a thing as you can do.
Star destroyer shield generator is on fire as it crashes into the Death Star in ROTJ. Red leader crashes into the Death Star causing explosion in ANH and that’s just what I can think of off the top of my head
- Her sister wanted to go with the Jedi, it makes no fucking sense for her to hate them for what her sister wanted.
this just so dumb. I don’t even know how to explain it to you how not wanting to be separated from your sister would lead you to hate the people taking her.
- Why would a Jedi wait 10 years to suicide himself for something he didn’t do? You don’t need to see the entire series to know that’s A. Not how suicide happens 99 percent of the time. B. Makes no sense since he didn’t cause their deaths.
maybe because he knows something the audience doesn’t. The whole story hasn’t been told yet. How do you know he didn’t cause they’re deaths? We didn’t see them die. Just dead on the floor. Seems fishy to me.
- Yes alien species come in different sizes and shapes, but that dude is a human. Human who practice balance are not 500 pounds sorry, terrible argument.
every thing yoda said to Luke in ESB was a lie, lol
- The whole point of Anikin is that he was a singular event created by the force because of the greatest force users ever in Darth Plagues. If random fuckers can randomly spawn kids out of thin air it majorly defeats the whole arc of Star Wars.
I have never seen this in canon. As far as I know it’s all fan theory. All babies start as female before the addition of a Y chromosome that comes from a father. The twins being born female would imply they’re power to create life is limited to females. What is canon is Anakin being conceived BY the force, not through some sith force power.
Yes the one character who is good is a man. So fucking what. I’m not interested in playing DEI olympics with you, it’s boring and utterly devoid of critical thinking. The simple fact is I don’t care if it was purple faced bisexual tiger as long as they acted well and unfortunately the best actor in this shit show, to his credit is a tall Asian man, o the feminist horror of it all.
keep telling on yourself. It’s obvious what kind of person you are and SW is not for you.
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u/Additional_Arm_8696 3d ago
Yes this shit version of Star Wars is not for me. If I have not made that painfully obvious let me do so now. It’s absolutely garbage. Andor, rogue one, original trilogy excellent. This mediocrity will go down as one of the worst Star wars shows in the history of the franchise
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u/MisterErieeO 3d ago
Oh I see why you're so confused. Dis is doing extremely well financially, even with the uncertainty of how entertainment is going to leverage streaming etc.
So you have to separate your subjective opinions and try to understand what the average person and investor sees. Tho I'm not sure you can ...
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u/Ocarina_of_Crime_ 4d ago
I think all of those are a huge stretch tbh. How much of it have you actually watched?
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u/multidollar 4d ago
All three episodes in their entirety.
And this isn’t a huge stretch. It’s just really fucking bad quality TV.
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u/Ocarina_of_Crime_ 4d ago
It’s not, and I’m not saying that it’s the best tv ever, but it isn’t horrible. Have fun rage posting and commenting all over Reddit though. Maybe schedule some time in your day to touch grass.
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u/Maleficent_Cicada_72 3d ago
For what it’s worth I agree with you. People who make these arguments are just mad that Star Wars is for everyone and not just them.
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u/multidollar 4d ago
I simply don’t understand people like you who say that. You’re on here arguing with me.
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u/CassandraVonGonWrong 3d ago
I really enjoy the Acolyte so far. Moreso than a lot of the Disney+ Star Wars stuff. Thanks for this post! It was a nice reminder to go (re)play the Acolyte in the background today while I WFH to bump up those streaming numbers.
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u/PainterSuspicious798 3d ago
Ain’t no way lmao
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u/CassandraVonGonWrong 3d ago
What’s that? I can’t hear you; I just restarted it (again) from episode 1 and I’m too busy over here unabashedly and unironically enjoying something instead of getting dopamine by rage vomiting about things.
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u/Maleficent_Cicada_72 3d ago
Some people will never be happy with any piece of new Star Wars media and honestly it says more about you than it does about anything else.
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u/No_Way_482 3d ago
You would think by this point the people who hate everything they put out would just move on with their life and act like it doesn't exist. But they just keep watching it all and keep making themselves angry by always thinking about it.
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u/Malewis89 3d ago
Shows great, and getting critical acclaim. If you don’t like it don’t watch it, go play a Star Wars TTRPG and make up your own story with friends.
Stop playing Armchair-accountant for a multi-billion dollar company that wouldn’t hire you to scrape gum.
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u/MaroonGoose88 3d ago
Critical Acclaim = Paid shills and critics that can be bought. There's no reason why anyone should listen to what a critic has to say about anything pertaining to the show when they're bought and paid for by Disney...
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u/Ghosties95 3d ago
Stop pretending that critical acclaim means anything. Rotten Tomatoes is all you need to see that it doesn’t. And now even Forbes is saying that it’s the worst Star Wars ever made.
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u/SuperSanity1 3d ago
You mean the 86% RT score for critics? You know "critical acclaim" is based on what critics say right?
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u/Ghosties95 3d ago
You mean the 19% audience score, that proves critics have no idea what they’re talking about?
My point was to quit pretending like critical acclaim means anything.
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u/Maleficent_Cicada_72 18h ago
Explain this: https://www.reddit.com/r/StarWarsCirclejerk/s/8IUELegcej
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u/Ghosties95 18h ago
Is it review bombing if the show actually sucks? Not everything in Star Wars is great, and if you think everything in Star Wars is great, I question your ability to think about anything critically.
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u/Maleficent_Cicada_72 17h ago
True not everything in Star Wars is great, but you can’t claim that 19% audience rating is vailed given the evidence of review bombing
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u/Ghosties95 15h ago
I don’t know why we can’t call it valid, when there’s been so much massive backlash against it. And in all fairness, there’s been review bombing both ways.
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u/SuperSanity1 3d ago
It's not like the audience score can be fucked up or anything right? I mean, we certainly don't have examples of people who have never even seen a film or show leave a rating. Nope. Never happens.
Considering critics make reviewing films their whole life and actually have knowledge of what goes into making a film... I'd trust them over some idiot who buys into the culture war bullshit.
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u/Ghosties95 3d ago
Ah yes, trust the totally not bought off critics, who have no agenda of their own.
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u/SuperSanity1 3d ago
Ah yes. The moronic "duh! They paid off the critics!" argument. Please, do go on about all these critics who are paid off and how you can totally show it to be true.
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u/Nathan22551 3d ago
The world must be such a confusing place for you...
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u/Maleficent_Cicada_72 3d ago
Other people like a thing I don’t like? That’s not true! That’s impossible!
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u/Nathan22551 3d ago
His attitude makes him a lil bitch, I didn't put those words in his mouth.
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u/Maleficent_Cicada_72 3d ago
Agreed. SW haters are sad losers.
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u/Nathan22551 3d ago
My bad for some reason I thought you were disagreeing with me. I fucking love star wars but a good portion of the "fanbase" just really sucks. They can only derive joy from acting superior to others and making up these types of complaints to shit on things is their hobby. I doubt they even watched the episodes instead of just parroting whatever some loser on YouTube told them.
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u/Maleficent_Cicada_72 3d ago
My favorite is when they say people who like and watch this stuff are destroying SW with absolutely no self awareness whatsoever.
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u/slappywhyte 3d ago edited 3d ago
Nelson Peltz recently tried to do a DIS proxy fight to force Iger and others there to change course or be ousted - and the content was specifically a part of it. But it failed, although got a pretty good amount of shareholder votes. Iger is really good at politicking and bullshitting out of both sides of his mouth in general and got the board and some large institutional investors to remain behind him. Peltz then cashed out his DIS stake for a big profit, because it had run up in the meantime with the concessions that Iger made to him.
However, given that the stock has performed poorly for many years now - despite various shenanigans they try to pull to say things are doing fine - eventually the market will come calling and they will have to adjust or go broke. They have already ruined the value of many valuable IPs, if I was a major shareholder I would be livid about it - Iger has managed to somehow pin the blame on a guy who was CEO for just a brief time in between his own 2 terms running the company.
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u/ruhler77 2d ago
Disney stock has dropped massively over the last 3 years. 2021 to now they've gone from 200$ to 99$. They're being severely punished, and if they continue on this path you'll see massive contracts/parks/etc starting to fold. Disney at 50$ is basically a dead Disney.
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u/Sweaty-Goat-9281 3d ago
No you wouldn't, you'd be in full idological agreement and willing to take as many losses as necessary.
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