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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. The Invisible Hand

The Invisible Hand

Scheduled Pinned Locked Moved General Discussion
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  • JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #1

    Has slapped Disney...

    https://thehill.com/opinion/finance/4326247-happy-birthday-adam-smith-the-invisible-hand-just-slapped-disney/

    “Cry havoc and let slip the DOGE of war!”

    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

    1 Reply Last reply
    • CopperC Offline
      CopperC Offline
      Copper
      wrote on last edited by
      #2

      Disney acknowledges that “we face risks relating to misalignment with public and consumer tastes and preferences for entertainment, travel and consumer products.”

      misalignment

      pervert lunatics

      1 Reply Last reply
      • JollyJ Offline
        JollyJ Offline
        Jolly
        wrote on last edited by
        #3

        They probably need to lose another billion before it gets their attention...

        “Cry havoc and let slip the DOGE of war!”

        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

        1 Reply Last reply
        • LuFins DadL Offline
          LuFins DadL Offline
          LuFins Dad
          wrote on last edited by
          #4

          Uhm, probably not. I think Turley is misreading the filing.

          The Brad

          1 Reply Last reply
          • jon-nycJ Offline
            jon-nycJ Offline
            jon-nyc
            wrote on last edited by
            #5

            He is. All earnings filings (and S1s) list out potential risks, and they get very exhaustive to prevent later shareholder lawsuits if the risk shows up. Outlining risks is not acknowledging that they showed up.

            Thank you for your attention to this matter.

            1 Reply Last reply
            • jon-nycJ Offline
              jon-nycJ Offline
              jon-nyc
              wrote on last edited by jon-nyc
              #6

              Based on things posted here, I've come to the conclusion that Turley is just not that good. He's really sloppy. Often.

              I first noticed this when he wrote a whole piece castigating Disney for not following the laws and filing requisite notice that they were holding the Reedy Creek meeting where they made the near-perpetual development deal with Disney. His piece made it sound like they were amateurs and DeSantis was gong to roll them in two minutes.

              Of course he was wrong, and the best lawyers money can buy in Florida were right - who'd have guessed?

              Did he apologize, issue a correction, make any comment at all?

              Of course not. He was off to the next piece.

              Thank you for your attention to this matter.

              George KG JollyJ 2 Replies Last reply
              • jon-nycJ jon-nyc

                Based on things posted here, I've come to the conclusion that Turley is just not that good. He's really sloppy. Often.

                I first noticed this when he wrote a whole piece castigating Disney for not following the laws and filing requisite notice that they were holding the Reedy Creek meeting where they made the near-perpetual development deal with Disney. His piece made it sound like they were amateurs and DeSantis was gong to roll them in two minutes.

                Of course he was wrong, and the best lawyers money can buy in Florida were right - who'd have guessed?

                Did he apologize, issue a correction, make any comment at all?

                Of course not. He was off to the next piece.

                George KG Offline
                George KG Offline
                George K
                wrote on last edited by George K
                #7

                @jon-nyc said in The Invisible Hand:

                He was off to the next piece.

                He does write a lot, doesn't he?

                ETA: I've not followed the Disney "controversy" closely, not to mention Turley's analysis of it.

                "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                1 Reply Last reply
                • LuFins DadL Offline
                  LuFins DadL Offline
                  LuFins Dad
                  wrote on last edited by
                  #8

                  Listen, I think that I’ve likely been one of (if not the largest) critics of Disney and their content on the forum. But the biggest losses by the company have been caused by:

                  1. An overestimation of the value of streaming programming, investing billions of dollars into material that generates no new ticket sales or new memberships.

                  2. An over reliance on old IP. Investing more and more money into the same classic properties…

                  3. Not realizing that if you are remaking the same shit, don’t mess with it. You are specifically trying to woo people that are already invested into that property. Fvcking with it just pisses them off.

                  Yes, the Woke shit has had some effect, but not much. The only antiwoke boycott that worked was Bud Light, and there were numerous factors that were relevant that aren’t relevant here. Mostly because the product sucked and there was a ton of other beer that was better at the same price…

                  The Brad

                  1 Reply Last reply
                  • CopperC Offline
                    CopperC Offline
                    Copper
                    wrote on last edited by
                    #9

                    9c71b621-c3ea-4856-8f8d-bbf6b9ecb2d3-image.png

                    https://disneynews.us/disney-parks-attendance/

                    1 Reply Last reply
                    • Doctor PhibesD Offline
                      Doctor PhibesD Offline
                      Doctor Phibes
                      wrote on last edited by Doctor Phibes
                      #10

                      I went to Disney (California) for the first time in my life in 2022. It seemed like an awful lot of money to spend to queue up for hours, and I'm freaking British - queueing up is our second most popular national pastime after drinking too much and falling over. Sometimes we'll queue up for drinks and then fall over.

                      I couldn't have cared less about the woke stuff, and didn't notice any of it, but I'm probably not as hypersensitive to getting worried by all this bollocks as some people here. The Star Wars stuff was great fun. I did notice how many people seemed to need a wheelchair to get around the place, but I think that was mostly because they were overweight in 90 degree heat rather than some kind of protest in solidarity with the disabled.

                      I wouldn't go back, unless of course I was told to by the management.

                      I was only joking

                      1 Reply Last reply
                      • jon-nycJ jon-nyc

                        Based on things posted here, I've come to the conclusion that Turley is just not that good. He's really sloppy. Often.

                        I first noticed this when he wrote a whole piece castigating Disney for not following the laws and filing requisite notice that they were holding the Reedy Creek meeting where they made the near-perpetual development deal with Disney. His piece made it sound like they were amateurs and DeSantis was gong to roll them in two minutes.

                        Of course he was wrong, and the best lawyers money can buy in Florida were right - who'd have guessed?

                        Did he apologize, issue a correction, make any comment at all?

                        Of course not. He was off to the next piece.

                        JollyJ Offline
                        JollyJ Offline
                        Jolly
                        wrote on last edited by
                        #11

                        @jon-nyc said in The Invisible Hand:

                        Based on things posted here, I've come to the conclusion that Turley is just not that good. He's really sloppy. Often.

                        I first noticed this when he wrote a whole piece castigating Disney for not following the laws and filing requisite notice that they were holding the Reedy Creek meeting where they made the near-perpetual development deal with Disney. His piece made it sound like they were amateurs and DeSantis was gong to roll them in two minutes.

                        Of course he was wrong, and the best lawyers money can buy in Florida were right - who'd have guessed?

                        Did he apologize, issue a correction, make any comment at all?

                        Of course not. He was off to the next piece.

                        Any pundit writes a lot. As such, they are subject to being wrong, especially with 20/20 hindsight.

                        “Cry havoc and let slip the DOGE of war!”

                        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                        1 Reply Last reply
                        • MikM Away
                          MikM Away
                          Mik
                          wrote on last edited by
                          #12

                          My BIL and SIL have been rabid avid Disney World goers for twenty years or so. Many staff members knew them by name. On their last trip they just said it's completely unmanageable in every way - financial, crowding, inability to find a place to eat. They won't be back.

                          "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

                          LuFins DadL George KG Aqua LetiferA 3 Replies Last reply
                          • MikM Mik

                            My BIL and SIL have been rabid avid Disney World goers for twenty years or so. Many staff members knew them by name. On their last trip they just said it's completely unmanageable in every way - financial, crowding, inability to find a place to eat. They won't be back.

                            LuFins DadL Offline
                            LuFins DadL Offline
                            LuFins Dad
                            wrote on last edited by
                            #13

                            @Mik said in The Invisible Hand:

                            My BIL and SIL have been rabid avid Disney World goers for twenty years or so. Many staff members knew them by name. On their last trip they just said it's completely unmanageable in every way - financial, crowding, inability to find a place to eat. They won't be back.

                            Wow, it really is a reflection of America!

                            The Brad

                            1 Reply Last reply
                            • jon-nycJ Offline
                              jon-nycJ Offline
                              jon-nyc
                              wrote on last edited by
                              #14

                              Weird they have that impression now and not before Covid given those attendance stats above. You’d think it would have been more pleasant these last couple of years.

                              Thank you for your attention to this matter.

                              LuFins DadL CopperC 2 Replies Last reply
                              • MikM Mik

                                My BIL and SIL have been rabid avid Disney World goers for twenty years or so. Many staff members knew them by name. On their last trip they just said it's completely unmanageable in every way - financial, crowding, inability to find a place to eat. They won't be back.

                                George KG Offline
                                George KG Offline
                                George K
                                wrote on last edited by
                                #15

                                @Mik said in The Invisible Hand:

                                it's completely unmanageable in every way

                                Disney, where dreams come true:

                                F_4vOhyXQAAbTAU.jpeg

                                "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                1 Reply Last reply
                                • jon-nycJ jon-nyc

                                  Weird they have that impression now and not before Covid given those attendance stats above. You’d think it would have been more pleasant these last couple of years.

                                  LuFins DadL Offline
                                  LuFins DadL Offline
                                  LuFins Dad
                                  wrote on last edited by
                                  #16

                                  @jon-nyc said in The Invisible Hand:

                                  Weird they have that impression now and not before Covid given those attendance stats above. You’d think it would have been more pleasant these last couple of years.

                                  From my experience it’s mostly due to how the crowd is being managed, not the actual numbers. There have been significantly more attractions closed for repair, and fewer staff assisting in shops/restaurants. It’s very easy for fewer people to still feel more crowded if it’s not managed properly. Plus the staff has not seemed as competent and friendly, which reflects on management, hiring, training, and maintenance.

                                  The Brad

                                  1 Reply Last reply
                                  • jon-nycJ Offline
                                    jon-nycJ Offline
                                    jon-nyc
                                    wrote on last edited by
                                    #17

                                    Makes sense.

                                    Thank you for your attention to this matter.

                                    1 Reply Last reply
                                    • jon-nycJ jon-nyc

                                      Weird they have that impression now and not before Covid given those attendance stats above. You’d think it would have been more pleasant these last couple of years.

                                      CopperC Offline
                                      CopperC Offline
                                      Copper
                                      wrote on last edited by
                                      #18

                                      @jon-nyc said in The Invisible Hand:

                                      more pleasant these last couple of years.

                                      If you have gone there in 2020 or 2021, then go back this year you would see a huge increase in attendance. But that is an increase from greatly decreased attendance.

                                      1 Reply Last reply
                                      • MikM Mik

                                        My BIL and SIL have been rabid avid Disney World goers for twenty years or so. Many staff members knew them by name. On their last trip they just said it's completely unmanageable in every way - financial, crowding, inability to find a place to eat. They won't be back.

                                        Aqua LetiferA Offline
                                        Aqua LetiferA Offline
                                        Aqua Letifer
                                        wrote on last edited by
                                        #19

                                        @Mik said in The Invisible Hand:

                                        My BIL and SIL have been rabid avid Disney World goers for twenty years or so. Many staff members knew them by name. On their last trip they just said it's completely unmanageable in every way - financial, crowding, inability to find a place to eat. They won't be back.

                                        Guy I work with is an ex Disney animator. He worked on Aladdin, The Little Mermaid, basically every film during Disney's second renaissance. He visited Disney in Orlando for the first time a year back. He shared a shortened video of him walking around the park. He knew the source of nearly everything they had in every section of the park—who made the thing on the wall, what sketch it was based on, what the idea was.

                                        It was great hearing him talk about those things. The magic and wonder they started with. Not the shitshow the park has unfortunately become.

                                        Please love yourself.

                                        1 Reply Last reply
                                        • LuFins DadL Offline
                                          LuFins DadL Offline
                                          LuFins Dad
                                          wrote on last edited by
                                          #20

                                          There’s another part of it as well. It’s not just the quality of the service that’s impacting the experience. It’s also the quality of the guests. The crowds are just generally uglier these days. Ready to take offense over any imagined slight, and ready to let EVERYBODY know their feelings about it. Also, with the exorbitant price tags compounded with the stress of the last few years, some families demand that they have THE PERFECT VACATION and stress themselves out over it. When it doesn’t turn out perfect, they just bring everyone (including cast and other guests) down with them.

                                          The Brad

                                          CopperC 1 Reply Last reply
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