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Channel 5 general discussion

(revised repeat) (February 2016)

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JO
Joe
Cando posted:
No theme park, cruise line or Box office revenue in Disney's case

Disney is a massive, massive multinational made up of a huge number of subsidiaries and assets with ongoing income generation. To say they're not making money because Disneyland is closed is to only look at the surface.
GO
gottago
Joe posted:
Cando posted:
No theme park, cruise line or Box office revenue in Disney's case

Disney is a massive, massive multinational made up of a huge number of subsidiaries and assets with ongoing income generation. To say they're not making money because Disneyland is closed is to only look at the surface.

Disney Parks is a massive part of the business though. Look at this estimated graph, 33% of their total income is through the parks:

https://www.fool.com/investing/2020/03/19/how-much-does-disney-make-from-parks-and-movies.aspx
JO
Joe
Joe posted:
Cando posted:
No theme park, cruise line or Box office revenue in Disney's case

Disney is a massive, massive multinational made up of a huge number of subsidiaries and assets with ongoing income generation. To say they're not making money because Disneyland is closed is to only look at the surface.

Disney Parks is a massive part of the business though. Look at this estimated graph, 33% of their total income is through the parks:

https://www.fool.com/investing/2020/03/19/how-much-does-disney-make-from-parks-and-movies.aspx

That's fine – my point is that it's hardly 'no money coming in'.
AN
all new Phil
Joe posted:
Cando posted:
No theme park, cruise line or Box office revenue in Disney's case

Disney is a massive, massive multinational made up of a huge number of subsidiaries and assets with ongoing income generation. To say they're not making money because Disneyland is closed is to only look at the surface.

That’s quite a naive thing to say. They have 6 parks around the world, each of which have tens of thousands of visitors a day all paying around a hundred quid entry. Not only are they not making this revenue, they still have huge costs to maintain the parks whilst closed. Most organisations have huge amounts of fixed costs that don’t just go away when they close the doors.
BR
Brekkie
Even though launching Disney+ couldn't have been timed better broadcast revenues will be drying up to as they are here, though I think ESPN in the US is paid for through cable subscriptions rather than as a premium add on so they are probably less exposed than the likes of Sky Sports are here.
JA
JAS84
Even Marvel Comics lost about two months of income, as there was eight weeks (April 1st to May 20th) where all the planned releases were cancelled, due to the sole distributor closing (which was stupid, since other magazines, and therefore presumably their distributors, carried on). That's small potatoes compared to the theme parks, of course. Basically, only Disney+ and the TV channels are doing any business right now. Their income may no longer be covering their expenditure, and if that's so, it makes them ripe for a takeover.
GO
gottago
Joe posted:
Joe posted:
Disney is a massive, massive multinational made up of a huge number of subsidiaries and assets with ongoing income generation. To say they're not making money because Disneyland is closed is to only look at the surface.

Disney Parks is a massive part of the business though. Look at this estimated graph, 33% of their total income is through the parks:

https://www.fool.com/investing/2020/03/19/how-much-does-disney-make-from-parks-and-movies.aspx

That's fine – my point is that it's hardly 'no money coming in'.

Well, it kind of is in the grand scheme of things. It's an absolutely massive company that's had a third of its income wiped out from one division alone and it will take years for consumers to come back to their parks in the same numbers that came before. That's going to wipe many, many millions off the value of the company and that's not even taking into account the many other divisions that will be bringing little income now.
JO
Joe
Okay, fine, I guess in the context of talking about a takeover, you're absolutely right. I just felt pedantic when I saw the words ‘they're not really making any money’. They still have plenty of income streams (particularly as streaming and online sales become important), but will obviously be affected adversely by the closure of their guest-based enterprises. There's no need to tell me how organisations are being negatively affected by the situation, I know it all too well for a variety of reasons that I won't go into. I think this is why the original wording rankled me somewhat, when I see many business and organisations around me who, perfectly reasonably, have literally no money coming in and the same costs to bear.

In hindsight, I wish I hadn't been pedantic, and I apologise for annoying people by picking up on it.
WH
Whataday Founding member
Disney is currently estimated to be losing $30m a day, possibly more.

It does not currently have "plenty of income streams". The vast majority have been wiped out and its streaming service has has only just launched and not expected to break even until 2024.

That, on top of it being barely a year since it completed a $71b takeover of 20th Century Fox, Disney is not in a good place right now.

12 days later

JO
Josh
Looks like the 21.co.uk Casino Show is off the schedule and has been replaced by everyone's second favourite filler (other than Coast), Teleshopping!
Any possible reasons for this?
BC
Blake Connolly Founding member
Josh posted:
Looks like the 21.co.uk Casino Show is off the schedule and has been replaced by everyone's second favourite filler (other than Coast), Teleshopping!
Any possible reasons for this?


About a week ago the gambling brands dropped most of their TV and radio advertising due to the lockdown, and the spots they do have are their "this is how we help you gamble responsibly" commercials. Might be related to that.
ET
ethanh05
Josh posted:
Looks like the 21.co.uk Casino Show is off the schedule and has been replaced by everyone's second favourite filler (other than Coast), Teleshopping!
Any possible reasons for this?


About a week ago the gambling brands dropped most of their TV and radio advertising due to the lockdown, and the spots they do have are their "this is how we help you gamble responsibly" commercials. Might be related to that.

Casino.com still sponsor Channel 5's late nights strand - in fact they sponsored the programme before Teleshopping - without any 'gamble responsibly' bit.
Last edited by ethanh05 on 16 May 2020 10:36am

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