That is what many people see as the problem: What IS the firm's strategy? "Synergy"? The main focus used to be on quality, staying one step ahead of the competition. What IS the strategy now?We have no idea what the company's strategy is
Again, I am not really defending Eisner here, but...Originally posted by HB2K
If Disney's business was down at the same time when all of their competitors were struggling, then I would agree with you that the cause of the stock drop was the economy.
But it's not the economy that is causing Disney's woes.
It's their management. Need proof?
Movies:
Any success Lilo & Stitch has had will be off set by the losses from the stinkers (Reign of Fire, Country Bears, etc). Even Lilo has been seen as a modest success....
Meanwhile there are success stories from all over Hollywood. Record breaking box office numbers. Family films such as Ice Age & Stuart Little 2 have been success stories....Adult movies such as MIB2, Spiderman, Star Wars, Austin Powers 3, etc....all with huge box office numbers.
And tihs doesn't take into account last years beating....Shrek, Harry Potter, Monsters (Disney had nothing to do with it other than putting their name on it) all had HUGE successes....meanwhile Disney put out Recess, Atlantis and others which took MAJOR beatings.
If the economy is so bad, why is the movie theater parking lot filled while Disney movies are playing in empty theaters? Who's fault is that?
Theme Parks & Resorts:
Disney crys about "flat" attendance numbers as a justification for closing hotels, making cutbacks to the guest experince, and forget any type of new attractions on the horizon.
MEANWHILE....
Universal Studio execs glow about their 90%+ occupancy rates, announce new attractions (Shrek-vision, Jimmy Neutron) and hint about more to come (New IOA attraction, possible replacement for Kong).
If the economy was so bad, why aren't Universal's hotels experincing "flat" attendance numbers?
Networks:
ABC struggles to come up with a hit, yet other networks seem to pump one out after another. No other network is a drag on it's corperate parent as much as ABC is on Disney.
Who's fault is all of this mess?
Ei$ner.
Originally posted by Maistre Gracey
Again, I am not really defending Eisner here, but...
doesn't Disney have a movie in the top few right now? I think it is called Signs (or something like that).
Also, I believe I read that Vivendi (I think that's it) as well as AOL/Time Warner are in worse financial shape than Disney. In short, to say "look at how good they do it", would be foolish.
It seems that everyone is bashing Eisner all the time. Some people say its his fault the stock is down, well heres a news flash! MOST COMPANIES STOCK IS DOWN!
Why dont you back off, hes only one man, he doesnt make all the desicions!
The "captain", geez for a minute I thought you were talking about me!!!...especially since it seems the captain (Eisner) is willing to go down with the ship.
Originally posted by HB2K
MEANWHILE....
Universal Studio execs glow about their 90%+ occupancy rates
C'mon guys! This is just a tad of exageration don't you think? Hey.....the stock has fallen. The sky is not falling!Originally posted by msdis
Who's to blame and how to fix it.............I don't know.
But watching the mouse die a slow death is very sad!!!!!!
I hope they fix it soon
Originally posted by Maistre Gracey
Again, I am not really defending Eisner here, but...
doesn't Disney have a movie in the top few right now? I think it is called Signs (or something like that).
Also, I believe I read that Vivendi (I think that's it) as well as AOL/Time Warner are in worse financial shape than Disney. In short, to say "look at how good they do it", would be foolish.
Has Disney been crowing about it's performance? How much of a success is a movie if it's owner stops talking about it? Fox couldn't wait to throw the ICE AGE commercial out there with the tagline "America's number one movie". Did you see the same for Lilo & Stich? It sucks, but it's true.HBK says Ice Age is a hit & Lilo & Stitch is modest? Check the numbers again. As AV would say when talking about quality, which of these two movies will people still be watching in 10 years?
Give it time Pirate....Disney is entering rough waters. You don't know what is going to happen next.Now the theme parks...OK Disney is down (a little) but who's up for sale?
Train Wreck? At least they have people coming in and the leader of the parks can't wait to tell you all of the new stuff they're cooking up. What is Disney annoucing? More cutbacks.Disney certainly has made some huge blunders latley (not really finishing DCA prticularily) but it is unwise to compare them to the trainwreck that is US/IOA...Although you may be able to take solace as they may become Disney Parks very soon...
It's a sign they are doing something right? It's funny....Universal keeps building hotels and filling them. Disney keeps closing hotels cause it can't. See a correlation?Is it really that hard hard to have 90% occupancy when you only have three hotels?
Other than ANOTHER 3D movie, what has Disney announced in the past year? Nothing.Now maybe they are not creating them fast enough but the statement they are not adding attractions is WRONG.
Yeah, and Aurther Anderson told us Enron was A-OK. Doesn't mean a thing. Disney's core businesses are failing...and combined with the other drags, it's not long before the ship sinks unless the captain or someone else finds a patch.C'mon guys! This is just a tad of exageration don't you think? Hey.....the stock has fallen. The sky is not falling!
Hey, Staggs says the financials are okay, and I have no reason to doubt him.