No one is too big to fail - Disney

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BridgeConsoleMasher
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Re: No one is too big to fail - Disney

Post by BridgeConsoleMasher »

Rocketboy1313 wrote: Sat Aug 01, 2020 6:23 pm Guys, "too big to fail" doesn't refer to a business being so big and powerful that no financial crisis could take it down.
It refers to a businesses that is so big and powerful that were it to fail during a financial crisis it would drag down many-many-many other businesses and deepen the crisis, necessitating the government to step in an save the business.

Allowing businesses to get that big an powerful is a failure of capitalist systems, as they end up having extreme lobbying, regulatory, standards setting, and other monopolistic behaviors that damage the free market. Saving them from failure without major restructuring or jail time for those who structured in such a way to cause failure (for instance, selling sub-prime investments bundled in such a way that investors were unaware of the dangers of purchasing the product) and allowing management to go free with bonuses plundered from the pockets of investors and taxpayers... that would be an example of crony capitalism.

It is entirely possible for an IP and vacation conglomerate like Disney to go belly up, they are not "too big to fail"... but something like a firm that has a massive amount of retirement accounts tied up in their investment? That would need to be "saved".
I'm pretty sure it just means that they have too big and loyal of a fanbase that it's nearly impossible for them to go under under any possible circumstance. Yeah that's totally what it means.
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PapaPalpatine
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Re: No one is too big to fail - Disney

Post by PapaPalpatine »

The Mouse Mafia is on the verge of bankruptcy? Good. Serves them right.

There's a rumor going 'round, that Mickey's going down.
This time it's gonna stick.
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Rocketboy1313
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Re: No one is too big to fail - Disney

Post by Rocketboy1313 »

BridgeConsoleMasher wrote: Sat Aug 01, 2020 7:15 pm
I'm pretty sure it just means that they have too big and loyal of a fanbase that it's nearly impossible for them to go under under any possible circumstance. Yeah that's totally what it means.
No.
It doesn't.
https://www.investopedia.com/terms/t/too-big-to-fail.asp
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BridgeConsoleMasher
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Re: No one is too big to fail - Disney

Post by BridgeConsoleMasher »

Rocketboy1313 wrote: Sat Aug 01, 2020 8:12 pm
BridgeConsoleMasher wrote: Sat Aug 01, 2020 7:15 pm
I'm pretty sure it just means that they have too big and loyal of a fanbase that it's nearly impossible for them to go under under any possible circumstance. Yeah that's totally what it means.
No.
It doesn't.
https://www.investopedia.com/terms/t/too-big-to-fail.asp
Oh right that, like with the 2008 bailouts following the meltdown most most considerably attributed to loosened financial regulations sometime during the Clinton administration. I get those two confused.
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McAvoy
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Re: No one is too big to fail - Disney

Post by McAvoy »

Going by the movies alone, Disney hasn't made the 4 billion it spent on it. The movies made back 4.8 billion collectively.

Total budget for all five movies made is hovering around the 1.4-1.5 billion. And that may or may not include money they spent on promotions and other things as well.

So just the movies alone the profit margin is 2.5 billion. So thay alone they are in the hole still.

*I estimated the budgets based on what I was able to calculate in my head without a calculator.*
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McAvoy
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Re: No one is too big to fail - Disney

Post by McAvoy »

Disney spent 4 billion on Marvel too. I am not going to go through the budgets of each movie since thd buyout but I am willing to bet they made that money back and then alot more.
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BridgeConsoleMasher
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Re: No one is too big to fail - Disney

Post by BridgeConsoleMasher »

So the movies made about 6 billion minus 1.4 which brings you to 4.6. Add 350 million for DVD sales, and you're at 4.95 billion net.

Subtract 4 billion and you have 950 million.
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McAvoy
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Re: No one is too big to fail - Disney

Post by McAvoy »

BridgeConsoleMasher wrote: Sun Aug 02, 2020 2:04 am So the movies made about 6 billion minus 1.4 which brings you to 4.6. Add 350 million for DVD sales, and you're at 4.95 billion net.

Subtract 4 billion and you have 950 million.
Crap I was basing off of the 4 billion they paid for as opposed to what they actually made in the theaters. So yeah I guess they did make money.

Probably not as much they thought though of course.
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Re: No one is too big to fail - Disney

Post by Fuzzy Necromancer »

Gods I wish.

If they do crash, they'll get a government bailout to prop them up again because of...well there actually doesn't need to be a stated reason anymore, does there? And there seem to be plenty of plague rats gleefully returning to Didney Worl because waiting in long lines for a zoom zoom ride and waving at people in goofy suits is more important than the life of you, your family, or any of the poor minimum wage bastards who have to keep you smiling.

But I am so, so open to being proven wrong. Please prove me wrong. I'm begging.
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Draco Dracul
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Re: No one is too big to fail - Disney

Post by Draco Dracul »

Fuzzy Necromancer wrote: Sun Aug 02, 2020 6:01 am Gods I wish.

If they do crash, they'll get a government bailout to prop them up again because of...well there actually doesn't need to be a stated reason anymore, does there? And there seem to be plenty of plague rats gleefully returning to Didney Worl because waiting in long lines for a zoom zoom ride and waving at people in goofy suits is more important than the life of you, your family, or any of the poor minimum wage bastards who have to keep you smiling.

But I am so, so open to being proven wrong. Please prove me wrong. I'm begging.
Either that or they have their remains bought up by AT&T and Comcast for a pitance which effectively gives those two the ability to muscle Viacom and Sony out of the market in short order.
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