Just worried about my buddy who works for Disney behind the scenes. He moved his family to Florida 3 years ago for the job. 7000 sounds like a lot.
Most cuts will be from DMED…not sure what that abbreviation is for. Lol
From WikiPedia:
Disney Media and Entertainment Distribution (DMED), formerly Walt Disney Direct-to-Consumer & International (DTCI), was one of The Walt Disney Company's five major business segments consisting of Disney's streaming services and overseas media businesses, formed in March 2018. As part of the segment's formation, Disney Streaming Services (formerly BAMTech) was placed under Direct-to-Consumer & International.
Most cuts will be from DMED…not sure what that abbreviation is for. Lol
Disney Media and Entertainment Division
His job is purchasing for the parks and resorts. When they need something built or fixed he prices out the materials and labor and gets it done. If you’ve ever watched the Monsters Inc cartoon on Disney + he says he’s like MIFT. Don’t think he has anything to do with Media and Entertainment. Good to know! Thanks!!
D’Amaro says the cuts will come from all divisions except hourly employees. Not sure where that earlier info came from. Guess my buddy should still be sweating it.
After Tron is completed are there any new rides on the horizon for WDW? Splash Mtn re-do doesn't count.
The Play pavilion being cancelled / postponed will save some of it. The recently talked about re theme of FoP to the new Avatar movie might not happen. And there had been talk of adding another ride to Pandora.
The Animal Kingdom development will be the big casualty. At the very least there were plans for the Primeval Twirl site, and although the blue sky plans announced at D23 weren’t green lit, they did plan to do something with that area.
Ugh! I hope they don’t change FoP. I never have been okay with the new Soarin’.
From a Shareholder prospective, the issue is ESPN and the Streaming.
Personally, I have always thought the Streaming growth projections were by far too aggressive and I know that growth was priced into the alltime high of $198.54. They also have not reinstated what used to be a regular dividend. So, Stockholders are not happy.
ESPN has been a boondoggle in many ways. Rumor was they were straightening it out but does not appear so. They need to spin off ABC/ESPN and use it to invest in streaming platforms broader than just Disney+ and the limited hulu options. I have looked at cutting cord and if I did so today, it would be YouTubeTV, not Hulu+ I would choose based on channel offerings and price.
Disney would do well to form a strategic partnersship with either AppleTV or PrimeVideo.
From a Shareholder prospective, the issue is ESPN and the Streaming.
Disney would do well to form a strategic partnersship with either AppleTV or PrimeVideo.
The latter makes a lot of sense. But I thought that the disney+/Hulu thing was very popular. We don't happen to have it (we pay only for Netflix; Prime Video comes with Prime, Paramount+ comes with Walmart+ which is free with a credit card I have and we're getting 3 free months of AppleTV due to a purchase), but I thought it was widely subscribed.
We are similar to you (love the CC Walmart+ hack) but do also pay for Disney+ but not ESPN+ or hulu.
now I am getting into my opinion (I like to pretend it is an educated opinion) which like elbow's, most people have at least two..
Disney from a brand perspective may actually hurt Disney+. When people think of Disney they associate its media with family and children and that means limited adult viewing options unlike Netflix, Prime Video, and AppleTV. I am not saying Disney+ does not have more Adult shows, but they are limited in what they show (and honestly get backlash when they "cross a line" from Disney purists.
that strategic partnership would allow them to have a more complete audience.
Use Hulu to partner with AppleTV and develop a full streaming platform for adults and children. But I fully admit, Iger knows a hell of a lot more than me.
They had a separate movie brand where they were able to show more adult-oriented content under a different name. But I just saw that Touchstone Pictures ended about 5 years ago. So, clearly, that didn't work well for them,
Partnership with someone actually successful may really be their best option.
Most cuts will be from DMED…not sure what that abbreviation is for. Lol
I believe that DMED has been the Disney Media & Entertainment Division. I also believe that it is now being subsumed into Disney Entertainment, where it will join all the film assets.
Before anyone asks, I believe that DVC will now be part of DPEP: Disney Parks, Experiences, and Products. Interestingly, ESPN appears to be stand-alone: neither "media" nor a "product."
In Canada Disney+ comes with Star as well which contains all of the adult content from Fox, ABC and such. It's all in the same interface and includes many R-Rated movies and shows. I haven't heard anyone complaining about how it effects the Disney+ image here. Although it definitely made me utilize kid profiles for my young children.
And 5 years later we'll get a shell of what they wanted. And the fountain of nations gone too.
They announced they were getting rid of the Fountain, I lost my mind. They then showed what they planned, and I said...well, okay then, that will be very very awesome and in the spirit of the real Epcot. Then they said "That thing we said we were going to do, yeah we are not going to do that" Sad face by me.
And 5 years later we'll get a shell of what they wanted. And the fountain of nations gone too.
They announced they were getting rid of the Fountain, I lost my mind. They then showed what they planned, and I said...well, okay then, that will be very very awesome and in the spirit of the real Epcot. Then they said "That thing we said we were going to do, yeah we are not going to do that" Sad face by me.
I'm not sure I was ever okay with it going. Or they could at least have saved water a symbolic measure based on the history. The rework was definitely an "of course" reaction for me. Super sad really.