- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Disney is hemorrhaging $30 million daily due to lockdown
Posted on 4/15/20 at 2:05 pm to Darth_Vader
Posted on 4/15/20 at 2:05 pm to Darth_Vader
frick Disney
0
Posted on 4/15/20 at 2:05 pm to JetsetNuggs
quote:
All they need to do is sell the churro recipe to the fat people.
They already released that recipe for free.
Posted on 4/15/20 at 2:06 pm to Darth_Vader
quote:
That translates to $900 million in 30 days. If something doesn’t happen soon, Disney will be bankrupt.
Disney's film division alone earned over 13 billion in 2019.
Disney won't be bankrupt any time soon.
Posted on 4/15/20 at 2:06 pm to Darth_Vader
I read somewhere that with every child born, Disney makes $40,000 over that kid’s entire lifetime. I think they’ll recover from this.
Posted on 4/15/20 at 2:06 pm to Darth_Vader
Disney will not go bankrupt.
Posted on 4/15/20 at 2:07 pm to Volvagia
quote:
Are they losing that much money or he is just citing opportunity costs.
With the parks closed and so many of their employees on furlough I find it hard to believe their daily expenses are that high.
This.
I have to think this is more about lost revenue not true costs per day.
Posted on 4/15/20 at 2:07 pm to The Mick
$30 mil a day is not that much for a company worth like $500 billion.
Posted on 4/15/20 at 2:07 pm to Darth_Vader
quote:
Disney will be bankrupt.
The last time Walt was in trouble he released Cinderella.
The Mouse built an empire off of a pair of glass slippers.
Maybe remake it and have history repeat itself?
Posted on 4/15/20 at 2:08 pm to Darth_Vader
Guess they do need to charge $20 for a balloon
Posted on 4/15/20 at 2:08 pm to Janky
quote:
Disney can get unlimited borrowing. They are not going bankrupt.
The article says they’ve already borrowed $6 billion. Considering there not bringing in any revenue, and have no idea when that will change, and are losing $30 million daily, how do you prosper they pay it off? They will have to liquidate assists to do so. Their problem though is they’ll have to liquidate in a time of economic shock on par with the Great Depression. In other words, they won’t be as many perspective buyers and the price they can demand will be weak.
Bob Iger thinks it’s enough of a crisis for Disney that he’s come out of retirement to help.
Posted on 4/15/20 at 2:08 pm to Quidam65
quote:
Maybe remake it and have history repeat itself?
They did that 5 years ago.
Posted on 4/15/20 at 2:09 pm to Darth_Vader
Disney going bankrupt would be such a shame/s
Posted on 4/15/20 at 2:09 pm to Darth_Vader
quote:
Disney is hemorrhaging $30 million daily due to lockdown
frick Disney
Posted on 4/15/20 at 2:10 pm to Volvagia
quote:
Are they losing that much money or he is just citing opportunity costs.
I had the same thought when I saw this:
quote:
leading to massive drops in revenue
A lot of those lost revenues are from delaying the release of movies. They will make that money back once movie theaters are reopened.
I believe they would need to incur $30M a day in expenditures to truly be hemorrhaging. What the OP posted does not indicate they are truly hemorrhaging, but are just missing out on revenues in some places, gaining revenues on streaming, and delaying revenues from holding off on releasing movies.
Posted on 4/15/20 at 2:10 pm to Darth_Vader
Does that mean I can get a deal when me and my brother are in negotiations to buy ESPN and ABC from them? We've got about 100Gs together to invest in the two media franchises.
1st order of business will be to fire TJ and Boomer for good.
1st order of business will be to fire TJ and Boomer for good.
Posted on 4/15/20 at 2:10 pm to crazyLSUstudent
I think I'm missing something. Why do we hate Disney?
Posted on 4/15/20 at 2:11 pm to Darth_Vader
If you’re trying to get me to feel sorry for Disney, it’s not working.
Posted on 4/15/20 at 2:11 pm to baldona
quote:
30 mil a day is not that much for a company worth like $500 billion.
Total net worth of Disney in 2019 was $193 billion. Met worth doesn’t mean they have $193 billion in the bank. That means the total worth of all assets owned by Disney are worth that amount.
Posted on 4/15/20 at 2:11 pm to Darth_Vader
Dude, if there’s one company that is not going under in this country save for P&G, it’s Disney. They make so much fricking money between the movies, tv shows, merchandise, amusement parks, video games, cruises, books, licensing, and just about everything in between. Disney will recover very quickly from this whole mess.
Posted on 4/15/20 at 2:12 pm to Darth_Vader
quote:
No business can sustain those types of losses long term. Not even Disney
Lol like you don't think insurance isn't on the table here? I'd bet all entertainment is very protected. Or they'd do bankruptcy and realign a few things. They will have a surge and I bet the cocksuckers will charge more than prices pre-Rona.
This post was edited on 4/15/20 at 2:13 pm
Page 2 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News