26 Burst results for "Bob Shape"
"bob shape" Discussed on /Film Daily
"About like okay. If we want superman in this movie does it. Have to be henry cavill. Do we have to work out a deal with his people. Can we cast a whole new superman just to appear in this movie like it just sounds like a massive headache and the idea of storrow actually works so well in the suicide squad. Anyway because it's the sort of standing for you know american imperialism and like the idea of of our country doing all the shady shit overseas and sort of setting up these dictatorships and things and doing it all sort of under the table and without getting too much into spoilers for suicide squad I just think that the the storrow subplot works on thematic level. That if superman was the villain the antagonised as the main characters suicide squad are technically villains. i just don't. I'm not sure that the movie would have the same byte that it does. Yeah and hasn't james gunn already produced a movie with the evil superman right. yeah what is that right. Yes frank burn. Yeah so maybe superman would have been good in this movie. I mean maybe he wouldn't have been evil. But but yeah it's an interesting idea like at a fork in the road kind of decision. It sounds like this was early on when he was coming up with. The idea for the scripts is not like something that was pulled at the last minute everything but it's still like to see them eventually. Make a big screen adaptation of red sun. Which is the the the graphic novel or comic book series. That imagined what. If superman had landed in russia instead of america and how that lex luther ends up being the good guy out. It's a really cool. I mean. I guess it's kind of like a you know marvel's what f. But it was. It was a really well done graphic novel in that. Maybe someday we'll be in the area where we can do that on the big screen. It's cool that disney's doing it on the small screen But speaking of disney in the marvel Kind of getting themselves a little bit of trouble here. Revolving around the release of sean. Chee those but it yes. So there was a recent I think it was an investor. Call or something for disney. And bob shaping the current. Ceo of the company was asked basically like why shonky was coming directly to theaters instead of doing the black widow thing which was going to theaters. Also being available on disney plus for the was Premier accident so he said on cianci. We think it's going to be an interesting experiment. The prospect of taking a marvel title disney plus after just forty five days. It'd be an interesting data point. And i think a lot of people are focusing on his first part of that senator that that sentiment which is the interesting experiment thing and peter. You and i actually talked about this. The last time that we talked on on this podcast about how disney has You know in the short period relative comparatively short period of this pandemic. They've already have you know a little bit of a troublesome track record in terms of shunting these projects off onto disney plus that are led by characters of color people of color involved heavily with with people color and it just sort of seems like kind of a bad. Look so the idea that that bob shape is saying of shanxi would think it's going to be an interesting experiment. I think a lot of people took that the wrong way and like we're rubbed the wrong way by that rather so to be fair though. I don't think he's talking about the the racer i it's it's more about the release strategy right. I mean i think that's that's probably what he's getting at. It's just it wasn't well said yeah. It wasn't well said and seema lou. Who is starring in the shaanxi movie. Sort of fire back on twitter and said we are not an experiment. We're the underdog the underestimated where the ceiling breakers where the celebration of culture enjoy that will persevere. After an embattled year we are the surprise on fired up to make history on september. Third join us. He tweeted this thing with a bunch of pictures of him in his classmates on the on the set of the movie. And i think it was jeremy mathiot who one of our new writers who wrote this article. Where he's he sort of points out like he understands the sentiment of what's going on here but he also wants to gently push back on the idea that shonky which is a two hundred million dollar plus movie is a is an underdog in any sense of the word which i fully agree with the. I don't know i. I know what you're saying. I know what he's saying. But you know what black panther was able to do for marvel. I think even though that was a big thing did i mean that was a big budget thing. Yeah oh absolutely. Yeah and and i'm certainly not trying to take anything away from like the you know. The the cultural stamp that black panther had in the stamp that Cianci has the potential to have. But it just seems like framing You know it's a marvel movie like of course it's gonna make money like if you look at If if you stack a moral movie up against any other thing. That hollywood is making right now. Whatever the other thing is it is automatically the underdog by default right. I think that's that's all the jeremy and i were saying there but But yeah i mean you know the. There's all sorts of Of undercurrents and things here too. Like i feel like the people who don't want i don't want to speak for. I don't want to broadly. Generalize here. Because i'm even have a conversation with this about a with anyone about this but some of the sentiment that i've been seeing like the asian american community has been under fire in a very real and physically dangerous way over the past year. Plus so you know the idea of referring to this as an experiment is just like you said poorly chosen now words there. Yeah i really do feel bad for the filmmakers and the cast of this movie because like i do despite what you're saying yes. This is the marvel movie yes suicide for hundreds of millions of dollars. I do feel like this. Had the chance of being like marvel's Rich agent rich asians. Or you know being something like brakes that ceiling in that way if that makes express myself correctly And i really think this pandemic has put this in a bad spot where what is what is successful dude. I mean what what is going to be that thing that like that post on. Was it twitter. Instagram like what is going to be the what is the number. That's going to be worthy of that. Cry and i feel like they're set up for failure in. I feel really bad. Not failure but like like what did black widow do wasn't and that was an established character. Did i mean right. Yeah i mean yes. There are a ton of mattress. Consider like you know yeah. I think he erase point. And it's just such a tough situation. Because the this is one of those instances where the marvel cinematic universe is actually harmed by its interconnectivity because everything is so planned out and know worked in sort of connected right that you can't just kick this movie down the road and wait until things get better like all these other things. These other domino's are relying on what happens in this movie..
"bob shape" Discussed on MAD MONEY W/ JIM CRAMER
"Benefit both from the pandemic and from the groping. But i think i found one. And it's walt disney this company just reporting a smashing quarter tonight as the movie and theme park business start return to normal and their online streaming. Business came shortly better than expected. Frankly i'm born away by how great this quarter was but do not take it from me. Let's sink deeper with bob shape. He's the new. Ceo of the walt disney company fisher tape of welcome demand money. Hi jim how are you. I'm because of this quarter because it makes me happy. Because when dizzy does well we all do well. Eighteen months. you came in almost meal you had to deal with this pandemic across all businesses and yet you grew. You grew almost every line. This quarter how to do it. Well i think it's focusing on what makes disney different starts with our storytelling told by the world's greatest storytellers. We decided early on in the pandemic rather than put it in neutral and see what happens to step on the gas step on the gas on the two biggest initiatives that we have going on in the company was obviously are direct to consumer proposition with disney plus but also in our theme park business you know very rarely do we have to put up with a situation like a pandemic but rather than take just for the negatives and there were plenty of them because we had to shut most of our businesses down. We decided that we were going to go in and transform our theme park business really reexamined how we maximize the satisfaction of our guests and our park and at the same time uses opportunity to commercialize parts of the business. If frankly we've not been able to commercialize in the past so we're really proud of the hard work that our entire team has done here during the worst of times or ice above one things that did amaze me was it on your call. You actually said look. The reservations are strong. I've always felt. Reservations are great barometer of theme business. Which obviously you know more about than anybody how is it possible during the delta variant all the concerns hot spots in florida that the numbers are growing and getting stronger consumer trust jim. We have built up a history of consumer trust and confidence. When we opened up. Walt disney world back in the middle of the pandemic. There are a lot of doubters but through things like the nba experience that we had there and showed l. Everybody in the world that we could operate responsibly. in the midst of this pandemic and we've been operating walt disney world now for about a year. And we're very very proud. Of what our cass has been able to do and i think now that actually builds the brand builds the equity builds the trust that a family can't come to walt disney world and feel like they're responsibly. Being taken care of now. I wanna talk about safety for a second because you talk about the idea of the brand what it means. I understand that you have a very tough policy. Vaccinations we Frank last night. Ceo of norwegian cruise. He's being tough to. The governor is very critical of his view. How's it governor. Feel about your view in florida. Because frankly i'm hearing that you were being very very adamant about vaccinations. Well we believe that. Vaccinations are the key to mitigating the impact of this pandemic and you know we hear of disney. Don't control what the rest of the world does but we do have about a quarter of a million cast members that we'd love to see vaccinated. We think we owe it to them being in the public eye but we also it to our guests at the same time. We've got a tremendous relationship with the governor of florida and while we see the whole obligation to be vaccinated mask-wearing maybe a little bit differently He's given us degrees of freedom to do what we need to do. In order to protect our guest protect our cast and stay in business willing to fire people if they don't get vaccinated. Well we believe what would like to do is convince them that it's in everyone's best interest in order to get vaccinated for the greater good. Jim and the greater good includes our guest and again it goes back to that contract that we've got with our guests will operate responsibly. Fair enough now. We can't overlook the fact that disney plus was pretty amazing. Actually there have been some talk to maybe disney plus have been peaking to me. That's obviously not the case. You had talked earlier. Two hundred thirty two two hundred sixty million people by two thousand twenty four. I'm not saying that these lab. I am saying from the numbers that i see to me. It seems like you're on course. Well we're very confident in our sub trajectory and that really is a function as we said in our earnings extravaganza that we had last december that we were going to really double down on our content investment particularly across our powerhouse franchises. And we're doing that. We're starting to see. Those now began to trickle in to the pipeline and our confidence only continues to grow as at content now begins to permeate our services. And it's not just the global franchises. Jim it's also the local content that we're developing in each and every country. It's really going to be a powerhouse lineup. And that continues to build that price value proposition which hits the are arpaio. So we're really really happy with where we're headed. Average repairs are you did raise rates. It does not seem to have dented the science. Not at all our churn rate is down. Our retention rate is up. And we're still adding subs. So it's a perfect indication of that price value relationship for the guest. And i think it gives us more fuel for the future now. I was also surprised. One of my favorites is espn. Plus i am addicted fantasy football. You have to know you have to be on it. The the numbers growing here. I remember when the conversation with the ceo. It always be how come espn's way you down. Espn plus is way you up. Espn plus weighing up. And i believe our confidence is seeing through the indication of the rights deals that we've gone out and secured over the last few months. You know we're in pretty much every major sport. Jim and i think that says something about the confidence not only about the brand. Espn but more importantly espn plus. Because as you know each one of these deals.
"bob shape" Discussed on The Jock and Nerd Podcast
"That might have been before. Kevin fight took over remember. They had the movie committee that was like what just throw motor. Brit got rid of him. But i did the thing where he comes in and he gives disney like ten years of incredible growth. The marvel franchises based twenty three billion dollars. And he streamline processes and bob shape it comes in and makes everything bureaucracy and he's like fucking it up again so i think it's a snowball effect of top down from capex. Not being the right guy to be in charge of this. But speaking of mc franchise and money's another related report just came out from the guardian about. How much marvel pays the writers and artists whose work is featured in an mcse film movies again have made an upwards of twenty four billion dollars marvel will pay the writers and artists a flat. Five thousand dollar fee and they also get an invitation to the premiere of the movie that their work is featured in out sloppy. Job that is some bullshit right. There sounds like the going rate for anal. They're definitely getting asked vastly in there. Is that goal that you shared or somebody shared in. Johnston nation the facebook page. It might have. It might have been. Somebody shared an article. I remember reading about what's his name. I think it's ed brubaker. Or jim stone. It was yeah. He was in the article about winter. Soldier and jimmy allen. Yeah and apparently. The contract at disney has is open for interpretation. But it's open for. I don't know what the right word is. But it's allowed to be changed basically shit. That's what i read. And i think it was starling was complaining about thanos being compensated. Yup and he got this undisclosed settlement and he sake. Basically the squeaky wheel gets the grease enough. Yeah apparently like these artists. If they bugged marvel or dc enough they can get paid for but go away but they got so the thing is the companies they know. It's a pr nightmare from what i've been reading from all these artists. They know it just looks like a just a basic. Pr nightmare just doesn't look good on a companies. So they're more inclined to pay these people. If people make a big stink out of it. And i just think a lot of artists aren't saying anything now they're start to speak up and now the starting to get a little money for which is good. They should how much you'll be a better bonus for them using your story. How a back end. I think you take points off. What the box office makes yes absolutely. I would do box office in streaming whatever it's gonna live streaming and then that's a geyser so generous in this. If you were in charge. I mean yeah. I think they should have. Obviously they should get more than five. I think the standard Writing fee for like a script. Something like thirty or forty grand so loud should at least get like a portion of that. I would say thirty grand or something like that would be at least something every movies. Play to get like some money from that. Would also that would also be nice for a few cents. It adds up if you get played. Had i think you know. Obviously marvel's marvel any businesses nine is. They're not in the charity business. They're gonna they're gonna they're gonna give you enough just to make it enough..
"bob shape" Discussed on Squawk Pod
"We talked about all of that today on our tv broadcast with operation hopes founder and ceo. John hope bryant a regular guest on squawk box. And on this podcast and with delta ceo at bastion who says his employees financial health is as important as physical health. Bastion also weighed in on other issues facing consumers and travelers today. Some seventeen months after the start of the covert nineteen pandemic. Here's andrew ross. Sorkin good morning to both of you. I know you've been working hard the past couple of months on this financial literacy program amidst this pandemic and john given that. This was your brainchild. I will go to you first to try to understand how you're thinking about it. Well i really was dr martin. Luther king junior's brainchild. In the last time we had a big seismic shift in society. I call the second reconstruction during the civil rights movement. He focused on poverty and fortunately for all people unfortunately he was assassinated before he got chance to really doing about it. And we're at this inflection point now where the color really andrew is. Green is not black or white or red or blue. It's green and we need to all come together for this this moment where we need a rainbow after the storm. We're asking ceo's and the government to treat this like they did health wellness ten years ago or healthcare twenty years ago or the right to vote even seventy years ago as a must to do in. Bet this in your business plan started. Ceo level financial literacy for all in bed this year. Business plan a green door for ten years as at bashing has agreed to do resource. It appropriately make it part of your culture. We're not being prescriptive And we've found incredible relevance in resonance with this. I called Well a bug a. Bug tony wrestler. Actually sort of bug me on this topic And neither of a billionaire obsessed with the struggles of the poor and the underserved and a call. Doug million at christmas and a walmart and he was like johnny absolutely. Let's we have a million have employees need this and he called the cova disney Bob shape he said john. You got my creative team. Whatever you need from us. They said disney institute. I caught it bastion. He he's like you had me at hello And now we're financial. Coaching his eighty thousand employees at what he's providing an opportunity and good times for them to share in the prosperity We're also putting a safety net underneath him in tough times as in right now. Nfl commissioner andrew nba commissioner Ross brewer ceo of walgreens Be of aco listed. Thank god now..
"bob shape" Discussed on Upgrade
"The marvel side entered extent. port to the bob's bob shape back the currency yellen bob eiger executive chairman and former. Ceo bob's have to appeal the board and their shareholders. They grow disney. Plus the gotta grow just plus bottom line right. And that's the bottom line and i think your exact point where the box office was a tangible public order of success or failure or miss opportunity. I think we can look at it and say you know The the domestic over one hundred sixty nine right now for black widow so the nfl is much much longer. F night sitting west sixty five. So there's a conversation where if we did ninety days in theaters would people actually go and see black widow. mice analysis is. That wouldn't be the case. I do think black widow day and date cannibalize is some of the theatrical revenue. There's no doubt about that. And i do to get leads to a much higher. An easier for piracy plus account sharing and all that other stuff at the same time if disney if having black widow into plus lead to additional revenue led to an increase in subscriptions at disney villains competent up to talk about it their earnings all which will make wall street. Very happy than disney wins. But i think we're going to see. Is the agencies get involved. The unions will get involved in say he you on our talent. The reason that talent likes the box offices because we can point Leonardo dicaprio movie and say leo carried the movie. Jennifer lawrence. is the reason people are going. See this chris hemsworth any junior scarlett johansson and so when c. a or whoever's presenting them in the act inside after and and all the other unions are going we need this public thing to ensure that our our talent is getting paid what they deserve. That's organised start seeing the studio's really kinda come out and go okay. We'll figure to translate this into public demand. Because they have to appease the studios the worst thing they could do is is piss off sag after saying you know actors to work west and i think there's a way to to look at this and say that the this is really just about negotiating what the new world is going to be. Because i imagine if they went to scarlett johansson and said. Here's what we're going to do. We're going to release it in theaters in simultaneously on disney plus. But we're going to charge thirty a head per account to watch this right not not per person but per account and thirty dollars..
Disney's Streaming Growth Slows as Pandemic Lift Fades, Shares Fall
"Disney earnings of far surpassing expectations earnings per share grew thirty. Two percent to seventy nine cents. Instead of falling by fifty five percent as analysts had anticipated though the company's revenue came in a bit light but as you see that stock dropping slower-than-expected streaming subscriber that seems to be weighing on disney shares. Right now the company grew disney plus subscribers to one hundred three point six million but that's lower than the one hundred and nine million disease plus subscribers analysts anticipated. All the call. Just now. Though i have to know the disney. Cfo so that subscriber growth in the third month of the quarter was faster than growth in the first two months now on the earnings call as well ceo bob shape just announced. Two new sports rights deals that will bolster the library of content on espn plus including an extension of his deal with major league baseball. Through two thousand twenty eight with the option to simulcast all live mlb coverage for espn networks on espn plus as well as an eight year. Deal with la liga. That's spanish league. Football covering both english and spanish language rights
"bob shape" Discussed on DCL Podcast
"Update i've got our new co host is our guest host today. Steve from tampa doing today steve. I'm good thanks for having me. Yeah would minute change. Christmas can help me out chris. He's got some plans end. Chris had some things. Come up at the very last minute. We're just about ready to start this night. Texted you in. You're he just put your kids to bed and thank you for doing this. Absolutely i literally turn out to shut my son's door. He had just fallen asleep so here while there we go say i literally walked in from. I've got a weird job sometimes. Just got back from vegas. It's like going to the supermarket. I think sometimes like i woke up this morning. Flavius hung out there. Had some lunch came back here ran in. And then we're we're doing this news recap for march dizzy cruise line. It's like that scene in awe. I think it's wedding crashers. When will ferrell's like what is he doing back there. Which do that's what i'm thinking about your job. Like wonder where he is today like is he in orlando. I have no idea. I was texting. You was gonna put some money. I put a dollar in the slots for you but didn't quite work out unfortunately dear favor so thanks for thinking man next time all right well we are gonna do the want to cover the march detailed news update. Because i'm gonna be on the road the next couple of days. The thanks for japan. Lots of news for disney cruise. line this month most of it positive And so. I thought we'll just kick it off starting off with at the beginning of the month. Do you listen to the i all. Are you dizzy a stockholder. I should ask shareholder in and out man in appenzell. Yeah yeah yeah. That's a whole nother conversation but yeah yeah okay so The annual shareholders meetings took place at the beginning of the month. It was virtual actually get to go to one a couple of years ago and it was kinda fascinating to watch. What is the dog and pony show. Yeah i do listen to them. I definitely listen to pay attention especially lately because they give you a little caveat to possibly to count so yeah. Yeah so bob shaye pick is taking over. Bob eiger bob eggers. Leaving at the end of this year. I believe supposedly allegedly. That's what's in the plans that it's actually gonna happen this time. So bob shape pick was running most of the meeting and man. I just have to say this. I watch bob eiger talk for an hour and a half afterwards at that meeting in answer people's questions and man i you know i don't know him personally or anything else but it was amazing to see him answer. People very respectfully intake now whether thing to change it is. That's another story but take you know. Try to make the person feel important at the with the questions that they asked so it was kind of interesting to watch that aspect of a business being conducted for shareholders. Yeah eighteen and very comfortable in that position. And i think he completely phases out with the company the end of this year. He has no role left with the company at the end of this year so Those are very big shoes to fill. Yeah so well. let's get into it. So bob shaping. During the meeting with the shareholders and talk to the shareholders said he hopes that disney cruise line will resume sailings this fall during the walt disney shareholder meeting bob shaping dizzy c. e. o. told shareholders in..
"bob shape" Discussed on Bloomberg Radio New York
"Walt Disney plans to reopen his to California theme parks on April 30th more than a year after shut them down to the pandemic. Disneyland and Disney California Adventure, which closed their gates on March 14th last year, are among the last of the company's properties to welcome back customers. While Disney's Paris resort is still shuttered. The fourth theme parks in Florida had been open since July. Disney is up 6/10 of 1%. That's a Bloomberg business Flash Bloomberg markets continues. Now, with Matt Miller and Paul swinging. You lost your wallet and the pilots of pirates of the Caribbean. Exactly. Brady got its floating there somewhere. It's interesting, really Looking forward to this conversation between Bloomberg's Emily Chang and Disney CEO Bob Shape it coming up in just a couple of minutes here. It's really gonna be fascinating because Matt This is a company that just got really decimated in terms of profitability from the pandemic. I mean, they shut down their theme parks, which is a huge profit generated for them. Basically shut that their film business as well, because people weren't going to theaters and so they weren't releasing their films And again there. 40% of making science. Yeah, exactly. Why were there cable networks? So everything kind of got hit hard yet? You know what Socks at or near an all time high. Go here, they bounce right back. I mean, so is the S and P 500. In fact, I just pulled up a comp chart of Disney and I used the com function on Bloomberg. It's great just to get a great general picture of Ah, lot of stayed, you know, cos like Disney because you have quick five year picture with total return. They've They've gone up 109% over the past five years, the s and P s up 113% there pretty much Even just slightly underperforming, But I wonder what what could change for daydreaming as Greg and I were talking about they open their opening their parks again. Right? Or least Disney Land is opening again, I guess. April 29th that Disney world in Orlando must already be open because you know, Florida. And then the movie business has to get started again. They gotta make them before the theaters are open, so they must be doing that. What else is Kiefer for Disney mean? The TV business. We all have been watching more TV than ever before, Right? Yeah, it's interesting, but you know the advertising dollars. They're going away from traditional media and going to the digital sources. But Disney Plus has that that's right. That's right. Worst thing and you're exactly right and that's subscription business. So this is a company and that has made a huge pivot from The traditional media distribution platform, which is putting all your stuff on. You know, the cable systems on Dave really pivoted towards streaming almost better than any other company. They arguably are better prepared than any other company could have such great content. They call the Marvel stuff, The Star Wars plus all the historical Disney stuff and thrown it all on Disney, Plus They also controlling ownership of who, Luke Plus, which is also very successful on then ESPN. Plus so you know, they said, basically Way we've done business over last 50 years. We're pivoting literally 180 degrees and focusing on this streaming business. And in the interim, they have sacrificed billions of dollars of cash flow and profits. Yet the investors don't seem to be concerned that the investors air really betting on The future, which is streaming so you know, I think we're gonna hear from Bob Che Pak. Today is, you know talking, focusing about the parks and resorts Because again opening Disneyland in California, April 30th on there could talk about what they're seeing. Maybe Florida and some other international parks. They've also got cruise ships on they've got resort and they got a lot of businesses that have been shut down or really, really limited since this pandemic, so talking about that, the reopening trade which really should benefit the Walt Disney Company, as well as their pivot to streaming, so it's going to be a fascinating discussion, a little bit of maybe a little bit of a victory lap here. They've survived. Yep, they've survived and so will see. Yeah, very interesting to see especially how long it's gonna be until people from other countries can fly into Orlando to go to that park. Or I guess I could just take the train to Paris and go to Euro Disney if I want. Let's get over right now to Emily Chang with Disney CEO Bob Shaye pack and progress shut down amidst the pandemic. During this time, the company has doubled down on its streaming efforts with Disney Plus and ESPN. Plus and joining me Now is Walt Disney CEO Bob Shaye. Pack from Disney Land itself, Bob. Thank you so much for joining us. Great to have you back here. On the show. So everybody is curious about the demand picture. We're hearing speculation of a roaring twenties. Come back. How would you characterize the demand your seeing, as you look at bookings into the summer. We're thrilled with the response that we're seeing from our guest in terms of future reservations and intend to come back to our parks. I think it's a function of two things number one confidence that you know we're seeing the light at the end of the tunnel for the pandemic, but also tremendous trust in our brand. We've been able to operate across the world it Walt Disney World, For example, for the last nine months, and we've done so responsibly we've had the MBA bubble that was so successful, and I think guests know that Disney is going to do it right and that brand trust Really leads them to want to come back to our parks and experience the magic and knows that we're going to be responsible as we do that, and they can have a great time. So the date is April 30th for California. But you're You've got 15% capacity limits in the red Here. You could get up to 25% if we get into the orange tear. Heads were thrilled, but investors want to know. Can you make money with these kind of limitations? No out of state residents as well. As we've said From the very beginning, there's a couple requirements for us to reopen the park first one as I mentioned as we have to be able to do so responsibly and make sure that everybody has a great time while also being safe at the same time. We're only going to open up. If it could be a creative to shareholder value. We're going to be able to cover our variable expenses and make a contribution towards profit. And that's been the case since we started re opening our parks nine months ago, and that will be the case with Disneyland. So we're confident we can do that. And, of course, as conditions improved, and the constraints are relieved, will be there to ramp up and make sure that everyone has a great time. Welcome even more people back to the magic of Disney. So what are some of the new technologies that you've used over the last year that you think might stick around post pandemic Will temperature screenings continue. For example. Will you use the reservation system? Ah, lot more. Well, in addition to all the health guidelines that we've been following across the world, you know masked temperature checks increased hygiene, six ft. Social distancing. We're also going to be introducing a new reservation system.
Should investors 'let it go'
"Is the time for investors to let it go sure. So you know before the charts. It's really all about who you are in the market and what your timeframe as there have been plenty of where disney as gapped up like this today up thirteen percent. It's q one beat in two thousand nineteen was about twelve percent. Move on vaccine day november ninth. We know at jumped about twelve. But what we do know is after big jumps like that. It's pretty Sideways fallow on a week over week basis. But let's look at some charts. The first is the breakout. Conventional kind of thing everyone agrees is well recognized stock that moves above a well-defined range with a gap. And you can see it. There is the definition of a breakout. Now second chart look where the stock stopped. It stopped to the penny at the internal trendline in effect for the past year. And a half. I mean literally stopped on that line in fact it peaked. Essentially around eleven o'clock and it spent the rest of the day going sideways so it was aggressively rated but didn't really progress now to more charts. Where are we in relation to the hundred and fifty day moving average. You could use the two hundred and you could use the fifty but if you were to look at this chart disney is trading some thirty nine percent above its hundred and fifty day. Now take a look at the next chart. This is going back for the past ten plus years and you can see here again. The relationship of price with average price over one hundred and fifty days. So in the history of the stock going back to the nineteen seventies it is only traded farther above the hundred and fifty million one other time and in principle that gets the timeframes. Long-term this is hugely bullish tactically. I think you fade the move. You take profits all right. It's a carter says let it go. We'll see in a bit car options action. So you've got the fundamental story. You got the technical take from the chart master. How would you trade disney here. Brian kelly what do you say. So i with carter on this when i really like his take on this because if you think about it. This is a long term fundamental. Play here because not only are they going to have more movie streaming online. But we know about disney's that they have tremendous leverage in their platform right so they can go to the parks. The parks are going to reopen their cruise. Ships are going to reopen. They're going to be able to take what they do on disney plus and bring it to all of those places but that does take a bit of time. And you priced in this surprise here and so where it's trading now and remember. The stock was seventy eight and a half or so back in april march april so it has had a tremendous run this year. It is priced in an awful lot of good news and so for me. I think you get a better entry on this. It doesn't mean that. I don't like disney. In fact i think it's going to be one of the better ones coming out of the pandemic but i think you get a better entry. I would wait either for today's gap to be filled or for the low of today to serve as your support and then wait for that breakout so you like it long term. But do you think that there could be a pullback shorter-term james mcdonald. I think part of the betting here is that is that this is a premium product. That people will pay for it in fact they. They announce a price hike of a dollar in the united states. Twenty nine percent in europe and a bet on the management team a ceo. Bob shape may be new to the role. He's not new to disney and he's still got executive chairman. Bob iger around. I in terms of this execution which is a dramatic change in how the business the structure and how the business considers an executes content. Well bob eiger remembers the old days when you had a lot of customers and you had a big brand. You had a lot of action and there is a firm back then called. Aol that got everybody's attention stock ran up on potential and we saw where that happened and i love carter's technical analysis and always spot on with his fundamental outlook. But my grandma told me use common sense you know right now. The pe ratio is at eighty seven There's more forward-looking upside for this netflix. Which masters this game. Netflix's out similar subscriber growth from the boom from cohen. And look what happened. That sub growth then cooled off for the next three months in this covert level. Growth rate is not usable for the long term with disney. Netflix shows that more content equals more subscribers. And that's a good thing but we're shifting attention away from the other weaknesses with this company. This is not a tech company The media only makes up forty percent of the total revenue parkson products. Make up twenty three percent and they're gonna take massive hits here with the new lockdowns over the holiday seasons. Let's use commonsense international segments twenty three and a half percent of the total revenue. It's going to be suffering. There's no fed overseas to save them. So let's use our common sense and stay away from disney here up one hundred seventy five bucks. No way no way no way. We can't worry about the long term. We've got to survive this recession. That's coming not
"bob shape" Discussed on MarketFoolery
"Shares of Disney up nearly five percent this morning after the company announced a reorganization that is going to prioritize streaming video. . They're going to have three content groups one for sports one for General Entertainment, , one for movies and. . The ongoing. . Challenge for lack of a better word I. . Think it's fair to say something that'll be interesting to watch is how Disney prioritizes what is the best platform? ? For any given piece of content. . Bob Shape. . The CEO was on CNBC yesterday after the market closed talking with Julia Boorstin and she asked him A great question, , which is essentially Disney's done very well <hes> with those big tent pole movies in the theaters. . Are you changing that strategy? ? Are you she I? Don't ? think she used the word abandoned, , but she may as well have said. . Are. . You. Giving . up on movie theaters in favor of the Disney plus streaming service. . and. . I loved his answer. . He said, , we're GONNA put the customer first. . which which basically means <hes> all options are open. . Yeah. . I really am Blad. . You mentioned that because that my biggest takeaway from that was essentially. . His statement that the customer is ultimately going to guide their strategy I. . Mean It really is I mean that's what it all boils down to your building a business. . You're you're you're basically you're trying to give your customers, , what they want I mean in most cases. . You know you're not going to get out there and just tell your customers what they want and deliver it to you find that customers want then you build around that in. . And I think that's the right way to look at it from this perspective of as well. . I think that the Disney for a long time has really been. . Close to the ultimate direct consumer business right I mean the parks being such a big part of the business I mean that is direct consumer as gets you living in that world for as long as you want to go there. . So I. . Liked this move here i. . like the focus streaming because obviously not some kind of fat I mean, , this is really the new model for distribution. . In so to see that they are. . Reorganizing their business to really focus on that I think makes a lot of sense. . You mentioned something that I think really keys in on the challenges there, , and it's figuring out which platform gets which content in and I. . Think it's a very tough strategy in their case to figure out how to marry Disney plus with ESPN plus with Hulu and whatever else they may come up with because they are three distinct platforms that offer three distinct experiences and I think probably the one thing that you could argue that they're not as focused on yet that they need to focus on is a little content beyond the younger consumer right the kids I mean, that's , Disney an awesome platform for the kids. . Who Lou is getting there I think the fx acquisition. . Was a step in that in that direction, , I think having effects on your platform is a step in that direction I think is as they continue to build out the platform and bring more content for all age groups, , it'll become a little bit more apparent but knowing that they're really gonna be focusing on this delivering the content directly to the consumer I mean cable is dying. . I. . Mean. . It may take a little while but the numbers don't lie I mean ESPN is losing subscribers via cable but that doesn't mean ESPN has to lose subscribers. . They just have to you know get different way instead of instead of dealing with cable, , they're going to be delivering that content directly to consumers. . I. . Think it makes a lot of sense it's going to give them. . More data with which they can measure. . To determine what consumers want and how they wanted delivered whether that's in a kid's TV or adult content whatever it may be fx or sports. . A lot of different ways they can go with it and <hes> and I think it makes a lot of sense.
Disneys Changing of the Guard is Official
"Shares of Disney up nearly five percent this morning after the company announced a reorganization that is going to prioritize streaming video. They're going to have three content groups one for sports one for General Entertainment, one for movies and. The ongoing. Challenge for lack of a better word I. Think it's fair to say something that'll be interesting to watch is how Disney prioritizes what is the best platform? For any given piece of content. Bob Shape. The CEO was on CNBC yesterday after the market closed talking with Julia Boorstin and she asked him A great question, which is essentially Disney's done very well with those big tent pole movies in the theaters. Are you changing that strategy? Are you she I? Don't think she used the word abandoned, but she may as well have said. Are. You. Giving up on movie theaters in favor of the Disney plus streaming service. and. I loved his answer. He said, we're GONNA put the customer first. which which basically means all options are open. Yeah. I really am Blad. You mentioned that because that my biggest takeaway from that was essentially. His statement that the customer is ultimately going to guide their strategy I. Mean It really is I mean that's what it all boils down to your building a business. You're you're you're basically you're trying to give your customers, what they want I mean in most cases. You know you're not going to get out there and just tell your customers what they want and deliver it to you find that customers want then you build around that in. And I think that's the right way to look at it from this perspective of as well. I think that the Disney for a long time has really been. Close to the ultimate direct consumer business right I mean the parks being such a big part of the business I mean that is direct consumer as gets you living in that world for as long as you want to go there. So I. Liked this move here i. like the focus streaming because obviously not some kind of fat I mean, this is really the new model for distribution. In so to see that they are. Reorganizing their business to really focus on that I think makes a lot of sense. You mentioned something that I think really keys in on the challenges there, and it's figuring out which platform gets which content in and I. Think it's a very tough strategy in their case to figure out how to marry Disney plus with ESPN plus with Hulu and whatever else they may come up with because they are three distinct platforms that offer three distinct experiences and I think probably the one thing that you could argue that they're not as focused on yet that they need to focus on is a little content beyond the younger consumer right the kids I mean, that's Disney an awesome platform for the kids. Who Lou is getting there I think the fx acquisition. Was a step in that in that direction, I think having effects on your platform is a step in that direction I think is as they continue to build out the platform and bring more content for all age groups, it'll become a little bit more apparent but knowing that they're really gonna be focusing on this delivering the content directly to the consumer I mean cable is dying. I. Mean. It may take a little while but the numbers don't lie I mean ESPN is losing subscribers via cable but that doesn't mean ESPN has to lose subscribers. They just have to you know get different way instead of instead of dealing with cable, they're going to be delivering that content directly to consumers. I. Think it makes a lot of sense it's going to give them. More data with which they can measure. To determine what consumers want and how they wanted delivered whether that's in a kid's TV or adult content whatever it may be fx or sports. A lot of different ways they can go with it and and I think it makes a lot of sense.
"bob shape" Discussed on Daily Tech News Show
"In the meantime tiktok General Manager Vanessa pompous here in the US, we'll take over as interim CEO of Tiktok. If you recall, mayor was head of direct to consumer APP Annie. That's the folks who brought you. Disney plus he was also instrumental in Bienne, marvel and stuff like that everybody thought he was going to take over a CEO when Bob Eiger left. Bob Shape pack took over as Disney CEO and in May mayor said, well, if you're not gonNA, make me CEO Disney I'm going to be CEO of tiktok which I assume he thought as many of us did was going to be the next next facebook. If you can't be of Disney be CEO of the next hugest thing. So he took that role June first. This departure signals the bike dance may be about to wrap up whatever it's going to do with tiktok supposedly, mayor wasn't going to announce his resignation until the sale was official. That would, of course, assume that mayor is naive enough to assume that an internal email would never get leaked to the Financial Times which seems likely so not sure what to make of that but this definitely feels like we're about to get the resolution and CNBC sources. Say a deal could be announced as soon as next week to see the New Zealand Canadian Australian and US Tiktok operations sell for twenty to thirty billion dollars. And the sources tell CNBC the TIKTOK is also not determined who they're going to sell it to that they're still negotiating with both Oracle and Microsoft. Also Walmart has jumped in on Microsoft's bid they are interested in partnering with Microsoft so Microsoft with by but Walmart would invest because Walmart is interested in the ECOMMERCE and advertising potential in Tiktok, and that is something by dance has done very well in China with do Yan Chinese version of tiktok is integrating ECOMMERCE so that creators can sell stuff. Walmart has a burgeoning third party seller. That they would like to plug into that tiktok magic. Now, it's unknown whether Walmart Chinese operations would be a stumbling block in getting approval. Walmart doesn't think. So of course, meanwhile, the rap sources say Oracle is still offering ten billion in cash. And stock and their deal according to the rap would give bite dance fifty percents of the profits from tiktok going forward. I. Imagine there's a great scene at the end of the Guy Ritchie film snatching which Dennis Farina's character goes back to New York and when he is in the customs declaration line when asked to be the declare, he says don't go to England I would imagine that this is Kevin Mayor as he is now leaving this do you have anything to declare don't go to?.
"bob shape" Discussed on Daily Tech News Show
"Hey folks if you want to get all the tech headlines each in about five minutes, be sure to subscribe today the tech headlines Dot Com. TIKTOK. CEO and also CEO of Dance Kevin Mayor is neither anymore. He is leaving the company a TIKTOK statement said quote the political dynamics of the last few months have significantly changed what the scope of Kevin's role would be going forward they respect his choice and they'll miss him and they thank them and all of that stuff in an internal email from mayor to employees obtained by the Financial Times mayor wrote quote in. Recent. Weeks as the political environment has sharply changed. I have done significant reflection on what the corporate structural changes will require and what it means for the global role I signed up for against this backdrop and as we expect to reach a resolution very soon, which is really what the news is about here it is with a heavy heart that I wanted to let you all know that I decided to leave the company so. In the meantime tiktok General Manager Vanessa pompous here in the US, we'll take over as interim CEO of Tiktok. If, you recall mayor was head of direct to consumer at Disney. That's the folks who brought you Disney plus he was also instrumental in Bienne marvel and stuff like that. Everybody thought he was going to take over a CEO when Bob Eiger left. Bob Shape pack took over as Disney CEO and in May mayor said well, if you're not gonNa make me CEO Disney I'm going to be CEO of tiktok which I assume he thought as many of us did was going to be the next next facebook. If. You can't be of Disney be CEO of the next hugest thing. So he took that role June first. This departure signals the bike dance may be about to wrap up whatever it's going to do with Tiktok. Supposedly, mayor wasn't going to announce his resignation until the sale was official. That would, of course, assume that mayor is naive enough to assume that an internal email would never get leaked to the Financial Times which seems likely. So not sure what to make of that. But this definitely feels like we're about to get the resolution and CNBC sources. Say a deal could be announced as soon as next week to see the New Zealand Canadian Australian and US Tiktok operations sell for twenty to thirty billion dollars. And the sources tell CNBC. The TIKTOK is also not determined who they're going to sell it to that they're still negotiating with both Oracle and Microsoft also Walmart has jumped in on Microsoft's bid they are interested in partnering with Microsoft so Microsoft with by but Walmart would invest because Walmart is interested in the ECOMMERCE and advertising potential in Tiktok, and that is something by dance has done very well in China with do Yan. The Chinese version of tiktok is integrating ECOMMERCE so that creators can sell stuff walmart has a burgeoning third party seller. That, they would like to plug into that tiktok magic. Now it's unknown whether Walmart Chinese operations would be a stumbling block in getting approval Walmart doesn't think. So of course, meanwhile, the rap sources say Oracle is still offering ten billion in cash. And stock and their deal according to the rap would give bite dance fifty percents of the profits from tiktok going forward. I imagine there's a great scene at the end of the Guy Ritchie film snatching which Dennis Farina's character goes back to New York, and when he is in the customs declaration line when asked to be the declare, he says don't go to England. I would imagine that this is Kevin Mayor as he is now leaving this, do you have anything to declare don't go to China.
"bob shape" Discussed on NPR's Business Story of the Day
"The Walt Disney Company reported yesterday a loss of four point seven billion dollars in its third quarter. . It also announced a surprise for its streaming service. . Disney, , plus here's NPR's Mandalit del. . Barco. . In a call to investors Disney CEO BOB shape ticked off some of the challenges. . The company has faced in the past quarter ongoing concerns over covid nineteen close down Disney theme parks and Resorts Retail Stores Cruise Sporting Events and TV and film production around the World One, , hundred thousand Disney employees were furloughed impact of pandemic on people's lives are communities, , businesses, , and way. . Of Life has been devastating but shape had told investors that Disney theme parks in Shanghai, , and Florida have reopened with safety protocols in place, , and he says the new streaming service Disney plus now have sixty point five million subscribers around the world, , and that's the silver lining for Disney which announced a new movie set to premiere on the platform on September fourth. . Loyal. . Grace. . took. . My. . Protect. . Them family. . Disney's live action version of Milan is skipping theatrical release which had been postponed several times since March instead, , it will be available on Disney plus twenty nine dollars and ninety nine cents, , Moulin and Christopher. . Nolan's tenant had been seen as bellwethers for when movie theaters could safely reopen. . So Disney's announcement comes as a blow to theater owners during the call Chip Beck addressed investors who wondered if this will usher in a new video on demand strategy for movie premieres, , we're looking at Milan as a one off as opposed to trying to say there's some new business. . Model that we're looking at still chip Beck says it will be interesting to learn how well Milan does on Disney plus he noted the Streaming Services Success in its recent showings of the musical Hamilton and beyond say's black king production
Disney Earnings Report Reveals Rare Loss; And What 'Mulan's' Disney+ Premiere Means For The Film Industry
"The Walt Disney Company reported yesterday a loss of four point seven billion dollars in its third quarter. It also announced a surprise for its streaming service. Disney, plus here's NPR's Mandalit del. Barco. In a call to investors Disney CEO BOB shape ticked off some of the challenges. The company has faced in the past quarter ongoing concerns over covid nineteen close down Disney theme parks and Resorts Retail Stores Cruise Sporting Events and TV and film production around the World One, hundred thousand Disney employees were furloughed impact of pandemic on people's lives are communities, businesses, and way. Of Life has been devastating but shape had told investors that Disney theme parks in Shanghai, and Florida have reopened with safety protocols in place, and he says the new streaming service Disney plus now have sixty point five million subscribers around the world, and that's the silver lining for Disney which announced a new movie set to premiere on the platform on September fourth. Loyal. Grace. took. My. Protect. Them family. Disney's live action version of Milan is skipping theatrical release which had been postponed several times since March instead, it will be available on Disney plus twenty nine dollars and ninety nine cents, Moulin and Christopher. Nolan's tenant had been seen as bellwethers for when movie theaters could safely reopen. So Disney's announcement comes as a blow to theater owners during the call Chip Beck addressed investors who wondered if this will usher in a new video on demand strategy for movie premieres, we're looking at Milan as a one off as opposed to trying to say there's some new business. Model that we're looking at still chip Beck says it will be interesting to learn how well Milan does on Disney plus he noted the Streaming Services Success in its recent showings of the musical Hamilton and beyond say's black king production
Is Bob Iger back as Disney CEO? He abruptly resigned from the helm in February
"I'm Kim Masters and this is the Hollywood breakdown. Joining me is Matt Felony and Matt. We've talked about Disney a lot lately because Disney is one of the most all companies are exposed to this this disaster from this pandemic and the apparent absence or inability of our leadership to the White House to figure out how to address it but Disney is as we've talked about hotels theme Parks Bob. Iger resigned abruptly. It seemed to many people including me as CEO staying on his executive chairman in February And you know this is just the strangest thing because there was just a an article that Ben Smith at the New York Times wrote in which he says that Bob Iger has now having said that he was handing the reins to Bob Capex the head of the theme parks making him. Ceo THAT BOB. Eiger has now basically resumed running Disney are. I don't know about you. I haven't seen any announcement of that or any kind of indication that there's been a change in leadership it seems important to me. It's a huge public company and a very difficult moment and and yet you know in the same column He. This author. Ben Smith says Bob Eiger has took his eye off the ball and was more worried about his legacy. But now he's back sort of like Hallelujah. I sort of feel like what really happened here because this narrative is making no sense to me and there's a lot of why whether Bob really planned that resignation as CEO and then came back. I'm there's nothing in this world that will make me believe that was planned. Yeah it's interesting because Disney clearly not clearly but some might say. Disney was responding to that article when they put out a release a few days. Later saying that Bob Shape back the other Bob Who was elevated to the CEO position in February is joining the board of directors? Which many had said was planned all along but I think the indication there was. You know the new Bob is actually in charge. It's not the old Bob. Even though the whole Bob seems to be you know giving his strong advice and being involved in these major decisions literally saying like I'm back he's like a signaling in an email or something to this journalist that he's back and I'm like what but go on. That's the question you do have someone who has decades of experience at the Walt Disney Company there in that executive chairman position and probably feels a little bit of remorse that he left this job right as the proverbial s hit the fan and a lot of people speculated. That either did know what was coming when he did that. You know at the time. He stepped down. The Shanghai Disney park had already closed due to the virus and many experts. Were saying. Listen this is a couple of weeks away from being a global pandemic. Even if the American government wasn't saying so at the time the experts were and had that information many thought that that timing was abrupt and out of nowhere and then all of a sudden were in the middle of the biggest threat to The Walt Disney Company. In perhaps ever so. I think there's probably a little bit of remorse going on there and I think there's probably a little bit of Bringing the guy with the expertise to actually manage this very very difficult time. How about giving some clarity at? I wonder if the board didn't say excuse me. What did you just do? And how is this Bob? Shaping supposed to run the theme parks because as far as I know still no successor named for that. I mean they're closed but that's not like that doesn't mean there's no duties associated with that you know how. How is this guy now running the whole whole company? I you know I'm old enough to remember. When Michael Eisner having had a very supine board for a very long time finally had gotten enough people upset that the board turned around and ultimately dismissed him. So it's not that the board cannot be awakened in in a situation like this. I just find this to be an incoherent narrative and I've never seen such credulous analysis. I guess people who who who in the observer the media world and had had mickey mouse sheets on their bed when they were growing up or something. Because I don't think any other company would be getting the benefit of the doubt that Disney has gotten. Yeah I guess we'll see as this pandemic causes more injury to the company. How big a role. Eiger will ultimately play. That's delanie former editorial director of the Hollywood reporter. He joins me this Monday at one. Thirty on the
Disneyland is Closed. It's Only the Fourth Time in 60 Years.
"Story about Disney and it's giving new opportunities to others as we'll discover later in the week we're to start by updating a story. We ran earlier this month about Disney CEO. Bob Iger stepping down. He handed the reins to Bob Shape. It who until then had been in charge of running the theme parks. We knew shape would face many challenges but even on March second when we first ran history no one dreamed of the obstacles. He would be facing. Today Disneyland closed. Its doors a week ago. Saturday as a production time the company planned to keep Disneyland closed through the end of the month. Disneyworld in Florida and Disney's Paris resort have also been close in Sunday march fifteenth. It's only the fourth time in Disney's history that the original California theme park has been closed since its birth in nineteen fifty five. The first time was for National Day of mourning after the assassination of President John F Kennedy in November nineteen sixty three. It stayed open every single day for the next thirty one years not closing again until the northridge earthquake shattered. The city's Com in Nineteen ninety-four. Even then it was only partially closed. The third closure comes as little surprise. Disneyland didn't open on September Eleventh. Two thousand one after hijackers attacked the World Trade Center and the Pentagon. Here's our story from March second about Bob? Agar's Legacy Bob Shapes Future Disney big news on February Twenty Fifth Disney CEO. Bob Iger step down from his post effective immediately. Yeah it had been rumored for years that the longtime well respected executive would retire sometime. But the announcement suddenness reportedly surprised employees and industry executives according to C. N. N. It also shocked investors the announcement on a random Tuesday. One analyst said was stunning. The share price sank on the news even more sharply than the rest of the market which was already in freefall because of Corona virus fears. Agar's replacement Bob Shaping twenty-seven-year-old Disney veteran. Since two thousand fifteen is run Disney's parks and resorts division. He'll have Gargantuan shoes to fill. Bob Eiger is known as a fearless risk taker a guy who believes in the motto. Innovate or die. He's been at Disney for forty five years. It took the reins from Michael Eisner. Fifteen years ago then Disney was turning a profit of two and a half billion a year according to CNBC. Today it's more than ten billion not surprisingly share prices followed growing four hundred percent over fifteen years of managing the house of mouse that soaring profitability is typically credited to iger bonus as chief executive. He made enormous bets. Acquiring Lucasfilm Pixar Marvel and last year completing a seventy billion dollar acquisition of Twentieth Century Fox. The result Disney films dominated the box office last year. Grossing more than ten billion dollars according to CNBC if that wasn't enough eiger led Disney into streaming TV sinking billions into creating Disney plus. The twentieth century. Fox purchase helped fuel Disney plus by giving it a huge catalog of content. So too did move to take back. Disney shows that had formerly licensed to net flicks. Now it's fierce rival. The strategy seems to be working. Disney plus launched only three months ago in November. The company says it now has nearly thirty million subscribers. I grew is also known as charismatic. Outgoing executive who loves to HOBNOB The Wall Street Journal says not so much shaping who the New York Times describes his blunt business like and devoted to making his numbers but also quote in love with all things Disney. He has even been known to chat with Disney characters. As he walks through the resorts on shaping watch parks and resort profits grew every year for five years in a row mostly double digits. According to the journal the newspaper credits. The growth. To expansion of the Parks Chafiq Lead. Disney's new star wars
"bob shape" Discussed on Wall Street Breakfast
"Morning today is March thirteenth. I'm Dan Schwartzman Interest Brown and this is Wall Street breakfast volatilities. Returning to Wall Street. After the major averages suffered their worst sessions since the Black. Monday market crash in nineteen eighty seven yesterday. Dow Futures started the night indicating a further opening loss of seven hundred points at the. Lowes but are now pointing to gain of nine hundred points while S. and P. Five Hundred. Nasdaq futures are ahead by four point. Three four point seven percent respectively corona virus uncertainty quickly morphed into panic on Thursday as the S&P five hundred plummeted nine point five percent joining the Dow which fell twenty three hundred points in a bear market. The plunge also highlighted the diminishing ability stimulus to dampen shock waves as the Fed announced over one trillion dollars in repo operations on ECB expanded its asset purchase program by one hundred twenty billion euros circuit breakers were triggered in many exchanges across Asia overnight following the worst day for Wall Street since nineteen eighty seven though thing settled out somewhat by the end of the session. The Nikkei closed six percent lower after falling as much as ten percent. The KOSPI was off three point. Four percent every hitting a low of eight point four percent in Australia's asx two hundred reverse course to gain four point four percent after sinking more than eight percent. European stocks jumped four percent of the open Friday amid temporary short selling bans and pledges from France to support state-backed firms though the gains still paled in comparison to the record-setting declines in the previous session despite a five percent rise this morning to thirty three dollars a barrel crude oil is set to record a nearly twenty one percent. Drop this week Martin. Worst week since the financial crisis oil is down almost fifty percent year to date justice. Travel bans canceled events in other coronas disruptions demand Russian. The Saudis are also digging deeper in their oil price war even safe haven assets such as gold and bonds were ditch to cover losses in yesterday's wipeout while Bitcoin fell as much as fifty percent in two days. Traders expect the Fed to cut rates by one hundred basis points at its March meeting. Which would bring the Federal Funds Target Range? Two zero two point two five percent from one to one point two five percent. Currently the CME Fed watch tool puts the probability of a one percentage point rate cut at eighty six point seven percent verse fifty point two percent a day ago and zero percent a week ago. Bank stocks reflected that expectation trading on Thursday with the financial select sector spider. Etf sinking eleven percent. New York City has declared a state of emergency choosing to ban events over five hundred people including closing Broadway theaters. The Supreme Court building is now closed to the public major league. Baseball has delayed the regular season by at least two weeks and the NCAA has cancelled march madness. Canadian Prime Minister Justin Trudeau will also remain in isolation for two weeks after his wife Sophie tested positive for the virus in some better news. All of Apple's forty two stores in China reopened today without a lifeline from governments. We will have a sectoral financial crisis. According to the International Air Transport Association which called for extending lines of credit to airlines reducing infrastructure costs and cutting taxes. The last week estimated that the crisis could wipe out some one hundred thirteen billion dollars of industry revenue forecast that did not include the US clamp down on European travel quote. There's a heightened concern. There will be increased airline bankruptcies in twenty twenty given the fallout from the corona virus at Cowan analyst Helene. Becker we expect some governments to step in to help some airlines but ultimately we expect more airlines to fail this year than last year. Millions more Americans are expected to work from home as employers increasingly issued telecommute directives due to the corona virus as a result. At and T. Is Waving data over fees for all home Internet users who are not currently on unlimited data plans while comcast said it would up the data speeds on the Internet Service? It offers too low income customers verizon similarly announced it would boost its capital guidance range from seventeen to eighteen billion dollars to seventy point five to eighteen point five billion dollars in twenty twenty two accelerate its quote transition to five G and help support the economy during this period of disruption new Disney. Ceo Bob Shape. Pack is facing his first major challenge as follow from the corona virus affects many areas of the company and announced Thursday. The closure of Disneyland Disney California adventure from March fourteenth through the end of the month. A Walt Disneyworld is shuttering until April. The firm is also likely to take a hit at the box office Milan. The new mutants and antlers have been pulled off Disney's film scheduled for now impacting. Eighteen ships carnival is halting all ship operations for Princess cruises for sixty days due to the corona virus while this is a difficult business decision. We firmly believe it is the right one and his in alignment with our company's core values. Ceo John Schwartz declared rest assured the long-serving dedicated professionals at our company will make best use of this time to prepare Princess Cruises Fleet cruise ships for successful return to operations in other news. Amazon tells all of its employees to work from home if they can walgreens and kroger limit some product purchases. The Pentagon asked for time to reconsider the jet cloud contract decision. Washington State repeals a Boeing tax break L. Brands appoints a new board chair to replace Leslie. Wexner Altria sees jewel co-founder exit. The board a Microsoft cancels its in-person build conference. There were some key earnings reports yesterday. Broadcom dropped nearly ten percent after reporting a rare profit. Miss Oracle rose four point four percent after hours on strong cloud demand and work from home play favorite slack. Technologies dropped nearly twenty percent despite beating estimates as of six twenty am. Today the Nikkei is down six percent but European markets in US futures as well as crude. Oil Are.
Amid Coronavirus, Hollywood Takes a Hit
"I'm Kim Masters and this is the Hollywood breakdown joining me as Matt Bellamy of the Hollywood reporter and Matt. There's a lot of anxiety. A lot of fear about the corona virus and people are being instructed as to what is best to do right now but obviously this is very contagious and while many businesses and the stock market overall are being very impacted clearly. Hollywood the entertainment business is is extremely vulnerable in this situation We've seen predictions that what has already happened. could cost the industry five billion dollars from diminished box. Office Revenue Alone I think that that almost as fanciful thing to say because this is a moving target every day every time you refresh your favorite news site hopefully reliable one. You See Different News and you know we've seen the Disney close temporarily a three theme parks overseas in Asia We've seen you know the bond movie now being moved off of its date in April. That is a movie of great importance to MGM which made it and is as releasing it in the US That company doesn't have other stuff that is critical to to its well-being it's bond and they've moved it now so far nobody else in the movie. Businesses followed suit but it just feels like things are moving in a direction. This completely unpredictable. And everybody's trying to figure out what to do. Yeah I mean I think this weekend will be a key indicator in the US. At least because if you look at what happened in South Korea last weekend box office revenue. There was down eighty percent year over year. And this weekend you have a big pixar movie onward from Disney. That is opening and the projections are that it's gonNA open pretty strong but those projections don't account for the fear anxiety that's out there and are people going to take their children to a movie theater. I don't know no one knows. Yeah let's look at Disney They would seem to me to be facing a lot of difficult questions I mean. They have hotels theme parks. Cruise ships end movie theaters. All of those are question marks right now in the. Us You have spring breaks coming up. You have Easter vacation coming up. I can't imagine what actually what the CON. What the consultations within Disney are like as to win the risks tip into a place where they think they should close these parks here in the US. Which would have a huge impact on their business. Of course or you know. What is the responsible move? Do they panic people? If they say we're now going to close these parks or is it the right. Move to say abundance of caution. Let's close the part. Yeah Disney is caught in a really difficult situation here and it's the first difficult situation for the new CEO. Bob Shape Pack. He's got this to deal with. And I've talked to people at Disney and they really feel that the power of the Disney brand and what they choose to do in. This situation is going to send a message worldwide. They closed the parks in the US that says to everybody that pays attention to Disney which is basically everybody that this is a huge problem and you need to be really afraid. I think the Disney is very sensitive to doing that so far. They haven't moved any of their movies. They have not closed the. Us Parks they seem to be adhering to what the CDC is saying. Which is that. They're not recommending that schools or big public gathering places close but a lot of entertainment industry organizations like everything from Warner media to net flix. They are preventing unnecessary travel. They're pulling out of film festivals and things like South by South West and I think that is the next step. We're going to the parks universal and Disney start to close. Obviously the important thing is to be common rational and hope for the best. Thank you
Disney CEO Bob Iger Steps Down Abruptly
"From wondering. I'm David Brown. And this is business wars daily on this Monday march second big news last Tuesday Disney CEO. Bob Eiger stepped down from his post effective immediately. Yeah it had been rumored for years that the longtime well respected executive would retire sometime. But the announcement suddenness reportedly surprised employees and industry executives according to CNN. Especially since Agar's employment contract is up until the end of twenty twenty one it also shocked investors the announcement on a random Tuesday. One analyst said was stunning. The share price sank on the news even more sharply than the rest of the market which was already in freefall because of Corona virus fears items replacement BOB SHAPE ICK Twenty-seven Year Disney veteran. Who since two thousand fifteen has run? Disney parks and resorts division. He'll have Gargantuan shoes to fill. Bob Iger is known as a fearless risk taker. A guy who believes in the motto in by. He's been at Disney for forty five years. He took the reins for Michael Eisner. Fifteen years back then. Disney was turning a profit of two and a half billion dollars a year according to CNBC. Today it's more than ten billion not surprisingly share prices followed growing four hundred percent over Eiger fifteen years managing the house of mouse that soaring profitability is typically credited do bonus as chief executive. He made enormous bets. Acquiring Lucasfilm Pixar Marvel and last year completing a seventy billion dollar acquisition of Twentieth Century Fox. The result Disney films dominated the box office last year. Grossing more than ten billion dollars according to CNBC if that wasn't enough eiger led Disney into streaming TV sinking billions and creating Disney plus the twentieth century. Fox purchase helped fuel Disney plus by giving it a huge catalog of content. So too did I moved to take back. Disney shows that it had formerly licensed Netflix. Now it's fierce rival. The strategy seems to be working. Disney plus launched only three months ago in November. The company says it now has nearly thirty million subscribers. I group is also known as charismatic. Outgoing executive who loves to HOBNOB The Wall Street Journal says not so much. Pick who the New York Times describes as blunt businesslike and devoted to making his numbers but also quote in love with all things Disney. He has even been known to chat with the Disney characters as he walks through the resorts on Capex Watch Parkson Resort. Prophets grew every year for five years in a row mostly at double digits. According to the journal the newspaper credits the growth expansion of the parks shape lead. Disney's new star wars attractions and the five billion dollars. Shanghai Disney resort but also to what the Journal calls strategic cost cutting parks visitors. Were flat last year. But revenue and profits increased as shaping high ticket prices. During high traffic days. Bloomberg reported following the announcement. Social media was a buzz not just with questions about the abrupt news but also with complaints about unaffordable ticket. Prices Bob I toll. Cnbc and others that his plans to step down were widely known within Disney halls. Just not publicly his reasoning. He said he will become Executive Chairman for the twenty two months left in his employment contract and he plans to devote his time to bolstering Disney's creative content before he leaves the company. Nothing could be more important. As the
"bob shape" Discussed on Pop Culture Cosmos
"It is going to be an interesting ride nonetheless and for the folks that are following Disney closely like Bob Shape Pec. You've not been given the greatest in the world. And again he still has to deal with the fallout of Twenty First Century Fox and that merger. And everybody's talking about how the five major purchases that Disney made over the course of the last decade or so starting with the Pixar by and all that that this could be by far and away the worst value of them. So how do you gain profitability for that purchase? What steps do you need to take? I mean these are a lot of questions that Bob shape has to deal with. I hope he's the man for the job. I wish him all the best and like I was saying earlier. The challenge is out there for him. Indeed so not everything on the surface is is How should I say golden for Disney right now but definitely is something to look at but there is a lot on the table on the plus side? But there's also some questions coming up on the road for Disney at Bob Chip Beck. What are your thoughts out there? A Bob Iger stepping down a CEO for Disney. And a new Bob Bob. Cheap pick stepping in as CEO for Dizzy and the road ahead for the company itself. Sheriff shirt thoughts pop culture cosmos at Yahoo Dot Com. You're listening to the pop culture cosmos. Don't touch that dial we do. People still use dials for the latest news and Information Analysis and opinions on the Los Angeles Lakers and the NBA. Check off the Lakers fast-break podcast today. On wherever you get your podcasts. My friend a lot to talk about again still. Today's show speaking of Disney. Because again this is something that I don't want to say the pop culture world revolves around dizzy. Darn close sometimes and a lot more was done this week with Star Wars just as the rise of skywalker is now fading into the Sunset. And we're getting the final returns on his now digital and going to video and all that stuff. And the whole skywalker. Saga is fading into the distance into the rear view mirror. We now get word with a trailer and more information on upcoming projects for books TV series possibly even movies when it concerns Star Wars Republic which I believe takes place two hundred years before the events of the phantom menace. If I if I remember correctly so I ask you my friend. You took a look at the trailer about Star Wars Republic and all that and I ask you this right now. Is this something that you think could be a direction that they're going to take for a lot of the things that are going to go on in the Star Wars Universe going forward for a while or do you think that's going to go into a completely different direction. So judging from what I've researched about and I probably haven't read into it as much as you have. But they had said that this is going to be an era of novels and comic books and possibly some video games but not films in. I'm fine if it stays within that medium of storytelling. But if they're going to do films in the High High Republic Era I'm it'll it'll appeal to a certain group of people and yeah. I'll probably go watch them but I don't think that's going to do much for them. In terms of garnering New Star Wars fans getting a new generation. You know this is what we always talk about right after. Rizal skywalk or rise skywalker. What happens next? How a star wars going to survive the next twenty years right and it's not going to do it by appealing to fans who are in it for the nostalgia. If that makes sense I I think that if they want to do something successful they're going to have to move the story line forward give us new heroes. Give us a new era. I don't think the high republic is the best place to do something like that because it's tied too closely to the Djeddai in to the pre empire stuff and it just it feels more like a prequel to the prequels. Absolutely I agree with you on that. I am more of a forward thinking person I just like to look at. What's coming up ahead or what can be created out of the blue ahead and the universe is that you can great from it now mind you. It's not one hundred percent definite what we could be seeing in two years with the New Star Wars movie or what comes after that in two years after that or two years after that. They've said at this point in time that they're probably not going to have a trilogy unless whatever comes out becomes really successful. I'm just concerned that they want to go ahead. And just draw upon the same old stuff from the skywalker saga that they said they were going to be finished with. Which in essence. They're not by going to the Star Wars the high republic because it all draws into it if you put iota in there which if you saw the trailer he's in some of the I guess the art before the actual production takes place. You saw him there as two hundred years younger so he is a part of it. And that's something that ties into very heavily so it's like you're not escaping skywalker. Saga. I'm looking for something new. I'm looking for something advanced. I'm looking for something in the windshield of life as we were talking about on the last episode with the guys from the voice from the underground. I'm looking for something in the windshield. And what's coming up on the road ahead of me as post what's coming up in the past and although it's nice to go ahead and touch on some of this republic like for instance went by aware did the old republic and there's been talk about an old republic movie and that's Nice one authored whatnot but still. I think that they're announcing their intentions. On focusing quite a bit of the material coming up in the future within that realm two hundred years before. The Phantom menace. I'm not sure that's a great decision because it tells me that. They're still so dependent on that skywalker. Saga is just like they can't escape it and try something different new. Here's where I think Disney is right. Now they're trying to figure out how to market things right. They WANNA market to the crowd that they know they're going to get the guarantee the guarantee Merchandise sales right of the fathers who are going by these figures for their sons and daughters and tell them stories about it. Oh like Yoda. Let me tell you about iota. You know Yoda's on Dagoba. And he trained. Luke scoured the those types of stories. They're too afraid to to take a risk on something new and that's that's actually the overall problem with Disney general. Right we're looking at marvel properties stars properties Disney movies. Everything's a retelling of a retelling a sequel to a sequel and You know and this is showing up now in their marketing. Strategies is the fact that they're not willing to let go of the past and try something new and that's why we liked so much the idea that even though it's up in questions far from financial standpoint but when it comes to marvel they had the cachet right now do some things that are new as we talked about with shank she and these are new things new properties that we haven't seen before for the most part for a lot of us out there is general consumer so that could be something that is a reach and is something new but how they package it. Hopefully it's not too familiar but again like I was talking about something new and unexpected that we could really get into right and I don't think that's what this is going to be because to me the high republic era. It's like Los Angeles right. I think it's a cool idea and I. It's fun to to dive in there for a little bit. But it's not something I want to go back to over and over again. It doesn't feel fresh. Feels like it's crowding and already crowded universe and I think they need to jump a couple of hundred years into the future and just below show. Us something new. Show something that we haven't seen before something that doesn't tie into the skywalker saga in any shape or form another hard the Star Wars universe. Let Yo to go yet. Let the LEGIT. I era go. Let create some. I mean you can keep the jet. That's a staple star wars but don't don't make it take place within the confines of some of already established lower. I agree with you should be something that take a bold new step. Take a bold new step into a different way of doing things because it's clear after the results of what happened in the declining numbers that the movies had over the course of the past five years or so since twenty fifteen since star wars. The Force Awakens. The numbers have declined. It's right there. Fans interest is less when it comes to star wars. I we talked about it before when it was you and I were talking about the generation after you Josh. When we talked about ten fifteen twenty years down the line we'll star wars retain its cultural footprint with individuals that are ten fifteen years younger or more younger with you. I'm not convinced it will. Because Disney of Star Wars has not taken the right steps to go ahead and recapture that magic. And I don't think going back two hundred years in time and focusing the entire universe on that era is the right answer again. I think should be just a clean slate of go from there. You've got some very talented individuals and writers and creators. We talked about Kevin Feige. And tyco not you know they both been attached to possible star wars projects. Something that you've got some of the most entertaining and intelligent minds in the industry. That could be focused on it. I mean the man delorean has been such a great success because it seems just seems outside of what goes on Skywalker Saga even though it is in a way still tied to it. It just seems different. It seems a little fresh. And that's why I think a lot of people have attached itself to it but again if you could go even further and take bolder steps. I think you might like the results that for the most part of it's done well that you get out of it. As opposed to going so far in the past with the high republic and not to mention to that every time they take a step with star wars. And it doesn't pay off. It has de-legitimize the franchise right is made people angry. May PEOPLE NOT WANNA go back and and keep revisiting this world like they don't have the goodwill of this is sad to say they don't have the goodwill of the people anymore right they don't have the goodwill of the the hardcore fans are going to be more skeptical about like. I knew friends I have. I have friends who love Star Wars and after you know the last Jedi. They don't even care to watch it. Didn't even WANNA see Risa skyrocketing when you want to see how that resolved itself and every time Disney takes a step like that a step in the wrong direction they de-legitimize it so when they finally do get stars headed in the right direction. People aren't gonNA care anymore. No they're not and that's going to be very disappointing that there will be less people like me wearing. Star Wars T. shirts and things of that nature having anything in their room or the artifacts or buying anything and I know that will be bad for Disney but it also be bad for pop culture as a whole because as you and I know as you and I when we started this show. We realized very quickly the pot culture itself started really emanating from nineteen seventy seven when star wars was released. I mean it created that Geek culture at created that pop culture that made things like star wars cool to a larger audience and then outside of just certain individuals that was specifically loved it made pop culture and everything associated with it acceptable to a larger audience. And we to me. If I could point to a real milestone in pop culture I would say is star wars and to not have star wars as a major staple of the pop culture experienced would be very disappointing. And there's a very real possibility if Disney doesn't go about it well than intend to fifteen years we could say it is something start. Meaning The star wars property. In the star wars franchise be something that is in the past and not really a major part of our president when it comes to pop culture. Yeah I agree I agree and I it would be a shame to especially with all the money that Disney's dumping into it and you know you see more and more lately. George Lucas expressing disdain. At towards himself for having sold the property and viewer. Do if your finding the creator of a.
"bob shape" Discussed on Pop Culture Cosmos
"Podcast topical clips. And of course. Don't forget to buy his book available. Now congratulations you suck. It is my good friend. It is Josh Peterson. What's up man? What up what up? What up just doing some late night. Pop Culture Talk Catching up on things that I have been slow on this week so No this POK POK. Mon countdown is a very interesting to me. It is and we'll close out the show with that coming up on the back camera but we'll also be talking about something going on with the new xbox series exits on the way and the reason why we mentioned tear flop is because they announced specs recently. And we'll go ahead and we'll talk about that real quick later on in the show as well. Plus we'll be talking about star wars the high republic which is basically Disney Star. Wars new plan for a lot of stuff coming up starting later this year with books with television things of that nature. We're going to ask the question. Is it the right direction to go back into the past and focus on that for a lot of your material possibly even movies as well and if that's a new direction for star wars are we cool with it or maybe going ahead and going into a different direction? So we'll talk about that coming up later in the show as well also something very important. I know we'd like to just talk about light. Pop Culture subjects all the time but every now and then real news gets into the fray so the corona virus. It's out there. A lot of people are worried about where it's headed. What's happening with it? And all that and obviously going to be taking a toll already has taken a toll already on the entertainment industry. So we'll discuss that major issue coming up on the show as well but I my friend of Berry surprise resignation kind of a resignation so to speak as Bob. Iger the man who's been guiding the Disney Empire for well over a decade now steps down a CEO to focus in on creative duties. So his I guess new task in life. That's just solely focused on the creative direction for the Disney Empire mainly the marvel the star wars the Disney stuff like that and he's turned over to the man that was in charge of the Disney parks. And that is Bob Shape. So Bob. Shape is now Disney C. E. O. So I WANNA ask you my friend. Did this come as a surprise to you. I know this is something that was going on his book tour and he'd already said that he was going to be retiring by the end of twenty twenty one but out of the blue. This came as quite a surprise to me and I'm sure it came as a surprise to a lot of other people as well. Di Come as a surprise because he was always the one who is like confirming decisions made by Disney like. It didn't really seem like there is a lot going on. Behind the scenes that would indicate any tension or any danger with his job or anything going on so is kind of came out of nowhere really and Makes me wonder like what what was going on behind the scenes. Because we're hearing more and more like there's all these stories coming out with Kevin Magee talking about how there's the diversity in the Disney Museum was walked away or the marvel films almost walked away like we're we're hearing lately a lot of stories about Discontent behind the scenes at at Disney. So it wouldn't be surprised if like there's a lot of this stuff is just being covered up. People aren't talking about it. There's a nondisclosure agreements or whatever's going on but it just it. Yeah it's Weird. It makes me wonder what else is happening behind the scenes that we're not hearing about. I will say that he was asked by obviously shareholders and the executives at Disney. Bob Iger meaning to stay in the platform as did C. C. E. O. Back I think it was a two thousand eighteen. Twenty nineteen thousand nine. He was asked to stay on so because he was going to retire. I think back then obviously promote his book an focusing on that which he has since released in twenty nine thousand nine hundred. It's done a book tour based off of that but I think he is planned originally was to go ahead and take a step back a couple years ago but he was asked to continue again. His contract was going to run out the end of twenty twenty one so this to me came as a little bit of surprise but he is not shifting away from the Disney Empire entirely which is something that I think a lot of people are breathing a somewhat of a sigh of relief because he's still focusing in on a overall creative narrative so I don't know where he will stand. Let's say for. Its marvel storylines for face for is Kevin Fi going to be the ultimate say on that or is it going to be Bob? Iger or is it going to be BOB SHAPE BACK? So that's what I'm a little bit confused on right now who is guiding some of these these narratives now going forward is going to be Bob. Eicher how much more of a hand will he have in the creative process when it comes to Kathleen Kennedy and what's going on Star Wars? Which will talk about here in a little bit of Star Wars the High Republic and the shift in Focus in. That is going to be a major part of that. What about everything? That's going on to Pixar on where it's going to be coming next week to theaters. How much Ford is he going to be part of that narrative for all the stuff going on as well so it's very interesting to see where the chips lie? I know for Botchy. Pec His task right off. The Bat is going to be tough. He's not going to have it as easy or as cool as what Bob. Iger did because right off the bat you've got the issues and concerns with the corona virus and your Disney parks overseas primarily right now being affected and potentially your tire park system being affected by the end of the year. Your movies a lot of people are going to be affected by that. In fact we're going to be talking about that again later on when it comes to major movies like black widow and Milan. He's not being given the greatest platforms right now. It's not being an easy transition so it's kind of curious. Oscar went ahead and did this at the time. He did this because this year is not going to be looking as swell as it did last year because last year we had what six or seven billion dollar movies. Your parks were earning revenue at a record pace. You raise rates but you still earning even more revenue. That last year was tremendous year. So I'm not quite that like you. Are that everything is on the up and up and Bob Iger telling everybody in reassuring to everyone that this is not done out of any danger or health issues or behind the scenes chicanery. I'm not totally convinced on that. Because right now instability lies on the horizon for Disney. Yeah I mean there's a there's a lot of things going on. You know a lot of things waiting up ahead that we don't really know how to handle or or you know you. You mentioned the corona viruses thing. You know all these franchises are marvels moving their franchises in different directions. Now introducing all his new Hero Star. Wars is starting this new era lot. Lot of moving pieces going on a lot of lot of wheels and action. You know. We're just now. Seeing the results of the Fox merger always new properties Disney plus and. He's he has his his. He has his job cut out for him right he has. He has a lot of work ahead of them. So it's not going to be a walk through the park. And perhaps that's why Bob Eiger step down like he was just didn't WanNa start all these projects and then leave him a year later who knows but You know it's not. It's not a fun task to be. Ceo of Disney. I'm I'm thinking but at the same time. It should be in honor for him to be entrusted with the because I mean they think that he can handle it so let's hope that he does You know he does what needs to be done and good things from Disney coming up here. Let's hope that continues to be the case but it is. I mean you can easy see. It's going to be a rough time at least in the first few months because of what's going on you know as we talk more and more about the corona virus and that becomes more of issue and we'll talk more about that again in the back half hour of the show more about how it will affect the industry going forward and some of the things that were going back and forth that are being said being done about the corona virus real life. My friend is going to be kind of tough and again. Also you've got a changing dynamic when it comes to the Marvel. Cinematic Universe got some unknowns as far as phase four. And we've talked about this. Before it's not a certain slam dunk with marvel as for with all the new properties that they're introducing not only from a dizzy plus standpoint but from a cinematic standpoint which Shang Chee and the internals. These are complete unknowns. This is a great time to introduce it because you come off the success of phase three but phase four is going to be very trick on how you go ahead and go about it. Dc is now you know try somewhat with birds of prey aside. Has Its act together too much more of an extent than it did two three years ago. So there's all these different changing things star wars we talked about the declining returns where the rise of skywalker earned less than one half or earned about one half of what Star Wars. The force awakens it. So you got declining returns on your star wars properties. So what does that mean going? Forward I mean on the surface. You think everything's great for someone like Bob Shape. Pick to come in there and guide the dizzy ship. But it is going to be some tough sledding ahead for Bob shape back and I hope that he's up to the challenge because again as not everything was great as it was last year. I mean we could go on and on and on about all the great things that happened with Disney last year this year again like we were talking about Josh. It could be a whole different story by the time we talk that the end of this year for Disney. Yeah just a lot of unpredictability right now right. It's hard. I'm guessing even like they're market. Researchers are having a hard time figuring out where things are going and and what what. The market's going to look like even six months from now so it's you know you had mentioned it's interesting because you had mentioned the Disney park in corona virus and things like that are going to see a decline in people visiting theme parks like how what exactly. What kind of effect is this going to have on it? And then you know. We'll talk more about this later. But how long until a it normalizes writing everything kinda levels back out. That's the big question and we don't know you know there's no market research. Nobody really knows anything at this point. Exactly it's all unknown. It's all out there. We're not sure exactly where it's GonNa take but it is going to be an interesting ride nonetheless and for the folks that are following Disney closely like Bob Shape Pec. You've not been given the greatest in the world. And again he still has to deal with the fallout of Twenty First Century Fox and that merger. And everybody's talking about how.
"bob shape" Discussed on Bloomberg Radio New York
"The equity market tumbling to near twelve we close this was after the centers for disease control and prevention said the U. S. should prepare for the corona virus to lead to a significant disruptions in daily life the CDC also set a pandemic is likely to balance that though we heard from fed chair Richard Clarida who said it's still too early to say whether the epidemic will result in a material change to the fed's outlook at the end of the day though it was clear markets voted and that the Dow was down about three point two percent S. and P. giving back three percent nasdaq comp down about to two point eight percent today incidentally the food and drug administration said that it four feet as foresees a medical product shortages as a result of of the epidemic in one stock in particular that was trading very strongly to the upshot aside today was mature enough rallying twenty eight percent that was after the company's experimental vaccine for the corona virus was sent to the National Institute of allergy and infectious disease for a use in the first stage of a clinical trial so we're not even we haven't received approval and the stock was up about twenty eight percent after the bell Bob Eiger but it was announced by Disney that he's going to step down as CEO and he will be replaced by longtime parks chairman Bob shape back that is effective immediately also sales force co CEO Keith Walker is stepping down his departure will put the founder Marc Benioff back at the top of the soft knitwear maker as a sole CEO crude oil in New York down three percent today on concern about how this corona virus outbreak outside China is going to impact global demand right now we're trading fifty eighteen and active WTI in the electronic session many of the airlines were hard hit for a second day on worries about how the virus is going to stymie air travel American Airlines down nine percent today U. S. ten year treasury last quoted in New York at one thirty five Neil terms and right now in Sydney ASX two hundred down nearly one point eight percent all right that's markets global news now from ed Baxter standing.
Disney Names Bob Chapek CEO As Bob Iger’s Successor; Iger Becomes Executive Chairman Through 2021
"Is news today that Bob. Iger is stepping down immediately as CEO of the Walt Disney Company to make room for his successor. And that has bob shape. Heck who runs Disney's theme Parks Division? Last year Eiger announced that he would step down when his contract expires. At the end of two thousand twenty one he will remain at the company as Executive Chairman and according to a Disney press release will direct the company's creative endeavors
"bob shape" Discussed on Earful: A Disney World Podcast
"<music> talk breath <music>. They call approaching whether it's going to hit or not you're going to feel the effects of it. They already posted videos of people epcot over the wins. The rain were already pretty impressive of nazi. Yeah they've been kind of cropping up the the past day or so. <hes> video today from our friends are there that is still sunny skies. Who is that <hes> jesse <hes> but then there was another video. I saw what the they were trying to shore up the the lines for the sky ride. Oh yeah definitely not testing during the hurricane testing yes testing to how well it can handle one hundred fifty eight mph winds somewhere somewhere. We're <hes> bob eiger bob shape or like you know what guys this. This is really the most severe weather. We're going to have all year. Let's let's set about protest in the strongest when we have possible holdup. Disney is leading themself over this. Oh yeah well. I mean luckily they have the escape pods for the the sky liner no to send the boats out which which i know the boats are gonna be in the water which is going to be turbulent but yeah i mean they do have policies in place that we're gonna talk about later about how you can either cancel so or reschedule. If could you imagine like hey. This is our first trip to disney. We've always wanted to go. We've never been there before. Let's go on this date. Oh wait. There's a for hurricane coming a couple of pros and cons here almost a tornado couple couple of things. I can see that might be a bright light. Is that if they were empty yeah if they were to seek.
"bob shape" Discussed on /Film Daily
"Movie and a cranium command which has an audio animatronic show both those have not been around for decades and so people fans you know seeing these photos of bob shape pack in the imagineering looking at this pavilion has caused a lot of speculation in the theme park world that maybe they could be planning to bring will kanda to epcot there's this job posting internally and disney's job listings looking for interior designer for the wonder of life section of the park and i it kind of hints that they're you know they're we can do design production of shop slash restaurant or traction that's all it says so we don't know what they're doing it could just be a renovation to this old aging pavilion but i go down into you know i'm not going to dive deep into this if you go to slash come you can read the whole thing but i about why it's such a complicated scenario because universal studios in orlando has a section based on marvel and marvel sold off their theme park rights when they were not doing too well before disney bought them and a lot of the characters that are featured in the in the universal islands of adventure park are basically disney is not allowed to use them in florida or anywhere east of the mississippi so so there's some confusion if black panthers included in that because there's some art featuring black panther in in that park but what if you've read this article i i go into theorising that maybe they could build what kanda in this pavilion without black panther you know maybe you know this could be a ride where you fly around will conduct or something like that without actually featuring the character of black panther maybe that's a loophole to get around it there's other fan rumors saying that maybe the the pavilion will be opened as a.