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| Federal judge dismisses Disney's law suit against Desantis, Commissioners (Page 5/5) |
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ray b
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FEB 02, 10:31 AM
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| quote | Originally posted by williegoat:
The RCID never should have been created in the first place.
What if I wanted to open "Willie's World of Widgets" west of Weeki Wachee? Would they give me the same special status? Of course not. |
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no because money matters
diz has it
you do not
btw diz has the money to win in the end
rhonda don't
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williegoat
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FEB 02, 10:39 AM
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| quote | Originally posted by ray b:
no because money matters
diz has it
you do not
btw diz has the money to win in the end
rhonda don't |
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So, what you are saying is that rich people are more important than you. I get it.
You are indeed the perfect serf.
The elite establishment will not spare you. The aristocracy, the oligarchy does not know your name, but they've got your number.
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82-T/A [At Work]
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FEB 02, 11:54 AM
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| quote | Originally posted by ray b:
no because money matters
diz has it
you do not
btw diz has the money to win in the end
rhonda don't |
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Ray... this is not how it works. Having money helps you to be able to afford a GOOD lawyer, rather than a state-appointed one; however, in this case, Disney screwed up really bad. Their lawyers actually submitted a case to use for precedent, and it turns out that case's outcome literally had the totally opposite desired effect. If this is the best legal team that money can buy... Disney should be incredibly embarrassed.
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olejoedad
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FEB 02, 01:01 PM
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| quote | Originally posted by 82-T/A [At Work]:
Ray... this is not how it works. Having money helps you to be able to afford a GOOD lawyer, rather than a state-appointed one; however, in this case, Disney screwed up really bad. Their lawyers actually submitted a case to use for precedent, and it turns out that case's outcome literally had the totally opposite desired effect. If this is the best legal team that money can buy... Disney should be incredibly embarrassed. |
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I'm pretty sure Disney is getting used to embarrassment.......
Their movies, theme park, CEO.......[This message has been edited by olejoedad (edited 02-02-2024).]
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rinselberg
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FEB 02, 04:10 PM
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Disney reports sharp profit growth in the fourth quarter [of 2023] and an expansion of its cost-cutting drive
SAN FRANCISCO (AP) — Walt Disney Co. on Wednesday reported sharp profit growth for its fiscal fourth quarter while announcing an expansion of its cost-cutting drive under returning CEO Bob Iger.
The results topped Wall Street expectations and sent shares in the entertainment and theme park company up more than 3% in after-hours trading.
Disney said its net income jumped 63% to $264 million in the quarter that ended Sept. 30, up from $162 million a year earlier. Its adjusted earnings per share, excluding items largely related to the amortization of Disney’s acquisitions of 21st Century Fox’s entertainment assets and Hulu, more than doubled to 82 cents in the quarter. Industry analysts had been expecting 71 cents a share, according to FactSet.
Revenue for the quarter rose 5% to $21.24 billion, up from $20.15 billion. The company credited cost-cutting and other efficiencies from restructuring as well as continued subscription growth in its streaming business. It also noted a 30% increase in operating income from its parks and similar “experiences” compared to the prior year.
Iger returned as CEO a year ago following a challenging two-year tenure by his handpicked successor, Bob Chapek. He soon announced a “strategic reorganization” and cost-cutting drive that has included thousands of layoffs.
In a call with analysts Wednesday, Iger said the company’s focus on cost-cutting has “enabled tremendous efficiency” and the company based in Burbank, California, is on track to reduce expenses by $7.5 billion, about $2 billion more than earlier targeted.
On the streaming front, Iger said the company added nearly 7 million core Disney+ subscribers in the quarter. But he noted that Disney is also looking for ways to begin delivering more sports events via ESPN’s streaming platform. Iger referred specifically to Disney’s plan to bring ESPN “direct to consumer, which is inevitable, which is going to happen,” he said. “We’re planning for it.”
One possibility, Iger said, would be to keep ESPN+ as part of the traditional cable bundle, but then to make additional viewing available as a la carte options. Without going into details, he alluded to the possibility of future ESPN partnerships with sports leagues that could provide ESPN with more “content.” Given continued decreases in cable subscribers, he said, “this is a way to really buck that trend.”
David Hamilton for AP News; November 8, 2023.
https://apnews.com/article/...1358270d0ee60e97cbfd[This message has been edited by rinselberg (edited 02-02-2024).]
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82-T/A [At Work]
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FEB 02, 09:34 PM
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| quote | Originally posted by rinselberg:
Disney reports sharp profit growth in the fourth quarter [of 2023] and an expansion of its cost-cutting drive
SAN FRANCISCO (AP) — Walt Disney Co. on Wednesday reported sharp profit growth for its fiscal fourth quarter while announcing an expansion of its cost-cutting drive under returning CEO Bob Iger.
The results topped Wall Street expectations and sent shares in the entertainment and theme park company up more than 3% in after-hours trading.
Disney said its net income jumped 63% to $264 million in the quarter that ended Sept. 30, up from $162 million a year earlier. Its adjusted earnings per share, excluding items largely related to the amortization of Disney’s acquisitions of 21st Century Fox’s entertainment assets and Hulu, more than doubled to 82 cents in the quarter. Industry analysts had been expecting 71 cents a share, according to FactSet.
Revenue for the quarter rose 5% to $21.24 billion, up from $20.15 billion. The company credited cost-cutting and other efficiencies from restructuring as well as continued subscription growth in its streaming business. It also noted a 30% increase in operating income from its parks and similar “experiences” compared to the prior year.
Iger returned as CEO a year ago following a challenging two-year tenure by his handpicked successor, Bob Chapek. He soon announced a “strategic reorganization” and cost-cutting drive that has included thousands of layoffs. |
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I mean, I'm glad to hear it... not the layoffs of course, but that they've managed to turn the ship around. It's still a positive for Florida. I will say though that Disney, at least the last time I went there, was not looking well. Epcot, which I know is one of the older parks, looked like it was in a serious need of maintenance. Concrete was cracked everywhere, paint was faded, signs were worn and messed up... it just did not look well. Universal by comparison, looked like everything was brand new.
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blackrams
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FEB 03, 08:58 AM
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| quote | Originally posted by williegoat:
The RCID never should have been created in the first place.
What if I wanted to open "Willie's World of Widgets" west of Weeki Wachee? Would they give me the same special status? Of course not. |
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Wholeheartedly agree with the first line. I guess the answer to the second would be that it depends on how many tourist dollar Willlie's World would bring into the state. Although, I don't have a vote in that, I would love to come see all yer widgets. 
Rams
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