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re: Bob Iger Steps down at Disney

Posted on 2/25/20 at 3:59 pm to
Posted by reo45
Member since Nov 2015
6362 posts
Posted on 2/25/20 at 3:59 pm to
Headed to Antarctica to bug out. Smart move
Posted by Parmen
Member since Apr 2016
18317 posts
Posted on 2/25/20 at 4:00 pm to
To people freaking out, it already came out last year that his retirement was imminent. Stop manufacturing fake news.
Posted by Mizzoufan26
Vacaville CA
Member since Sep 2012
18965 posts
Posted on 2/25/20 at 4:00 pm to
quote:

Disney had the top 6 grossing movies of 2019 (Aladdin came in at #8) Disney made shite loads of money last year. Park attendance was also through the roof until the Coronavirus.



Absolutely, and since November stock prices are already down 17%. Looking forward their slate of movies is dry, they were banking on Mulan, but with Corona Virus effectively closing China their biggest market for that movie won't bring in nearly what they were hoping.

Posted by BilJ
Member since Sep 2003
163112 posts
Posted on 2/25/20 at 4:01 pm to
yeah I think he's been trying to retire for a number of years now
Posted by Esquire
Chiraq
Member since Apr 2014
15256 posts
Posted on 2/25/20 at 4:05 pm to
quote:

How long can you afford a losing trend like that?


As long as those declining revenues surpass the cost to produce the movies.

ETA: RoS had a $800 million profit.
This post was edited on 2/25/20 at 4:07 pm
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
61025 posts
Posted on 2/25/20 at 4:26 pm to
quote:

: RoS had a $800 million profit.


No, it did not lol. Disney does not get to keep every dollar yhe movie makes.
Posted by blueboy
Member since Apr 2006
66883 posts
Posted on 2/25/20 at 5:10 pm to
quote:

Disney's been doing alright despite the cries of SW losers

That's because you could shoot 2 hours of monkeys throwing little balls of shite at each other (pretty much what they did), call it Star Wars, and still gross $1 billion.

Let's see how brilliant they are when they don't have a well-established name to piggy back their hackneyed activist bullshite onto.
Posted by lsut2005
Northshore
Member since Jul 2009
2682 posts
Posted on 2/25/20 at 5:26 pm to
Good, frick Disney!
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