I agree with you on their parks, totally overpriced. You can get much better value at places like Busch Gardens, or a Paramount park like Carowinds/Canada's Wonderland. Lines for rides are also a lot shorter/move faster. I still prefer going to theaters, which I do once or twice a month. There have been very few movies that I enjoyed on Netflix, which is why I only use it for binge watching TV shows.
DIS will always be the premiere tourist attraction for a family to visit especially with their children. As long as that's the case, they'll always be a valuable company. It's just too bad for them that they're affiliated with ESPN.
Yeah that's something you got to give DIS. A lot of brand power baked into that company that makes it a bucket list attraction for everyone.
DIS, VZ one interesting thing about the deal: shows how desperate these companies are getting to bundle content and connectivity
WS can't seem to wrap its head around Disneys growing revs and profits so instead wants to focus on cable subs and ratings. Fake news.
It owns valuable properties (the parks, Marvel movies), but it's expensive for people to get out to them (look at IMAX to see how movie theaters are doing). With stagnating wages, young people cannot afford these kinds of things. If young people do not do these things, then they will not develop habits to do these things (watching movies monthly, going to Disneyworld every couple years), and they will develop other habits (Netflix, playing games on phone...virtual reality some day so we don't need to buy plane tickets?). Compounding this problem is old people holding onto their jobs (Buffett still working, Iger still running Disney) and giving no chance for upward mobility of young people. Unless they create their own company... Look at the popular things: Facebook is free, Google is free (search, YouTube, music, etc.), Netflix is dirt cheap, Amazon is dirt cheap. It's because young people can't afford the old tymes entertainment. While phones are expensive, other things like cars and houses have been cut out.
I've always thought theme parks were for kids. I've never actually visited one myself. Could it be that young people don't go there because they don't find it fun. It's not like it's crazy expensive and not because they can't afford it?
DIS is different than a lot of theme parks in that there are many parts of it that are just as geared towards adults as children. Look at the walk around the world in Epcot for example. You can "visit" like 12 different countries, with a building that looks like it's from that country, authentic (ish) food, and beer from that country. You can even try to drink one beer from each country for some sort of prize I believe (if memory serves).
I thought the idea of pulling all the Disney content from Netflix was a good move for DIS, but sucks for the rest of us that now have to buy an additional streaming service. The whole idea of cutting cable was that I could simply have Netflix and some SlingTV, but if Disney pulls out and then others do the same, pretty soon we have to buy 4-5 different streaming solutions and we end up back at cable prices. DAMN YOU ALL!
You don't say, we already have Netflix, Amazon and now Disney? At least you're paying for good content.
I'm only surprised it took them that long to realize they were helping the competitor. Why would there be Disney content to begin with?
Well, technically they weren't helping a competitor because Disney wasn't in the content streaming services. Now, of course, the picture is different.
But they have their Disney Channel, their own cable television Network. You put your stuff on Netflix - people don't pay for your cable. Sounds obvious to me.
Mary Barra, Chairman/CEO of General Motors, has been, for some reason, elected to the board of directors at Walt Disney.
