Einstein

If they've already filed theirs, I think we know what tax bracket they're probably in

Yes. And also yes. - Disney's revenue was $83 Billion in 2022. Netflix revenue was $32 Billion. Disney's revenue is almost 3x Netflix. - Disney's profit was $28 Billion in 2022. Netflix profit was $4.4 Billion. Disney's profit is more than 6x Netflix. - Disney's balance sheet shows $202 Billion in assets in 2022. Netflix shows $48 Billion in assets in 2022. Disney has nearly 4x more assets than Netflix. Disney is much larger than Netflix, and has billions more in cash-on-hand, and real estate, and assets than Netflix. Market cap is simply the sum of a companies value in it's shares of stock. It is driven by wall-street, not the actual size of the company. It's formed by speculative bubbles. For example, Tesla had a market cap over $1 TRILLION in 2020. And then the market cap dropped to $400B in 2021. Did the company split in half? No. Did their revenue drop to half of what it was? No. It's value on wall-street simply fell. But thank you for laugh (I literally chuckled). Another example: NVIDIA has a market cap of $1 Trillion, yet TSMC has a market cap of $480B. TSMC has 3x the number of employees and 3x the revenue. They are a much bigger company yet half of the market cap. Netflix pales in comparison to Disney's size. Just like your knowledge in this sector pales in comparison to mine. Your ignorance is showing. .

So back to my original point. Because cable companies are hemorrhaging video customers, it no longer makes sense to pay networks (like ESPN) increasing subscriber fees, when there are less and less people paying for the video in the first place. Correct?

No one ever mentioned data or internet. You made that up. Since we are talking about ESPN - a television channel - I thought that was obvious. Cable TV will disappear but their internet service will remain. I think we all know the internet is not going anywhere 😂 Your profits are from Internet service. Which consumers need to stream the media they have replaced cable with.

Cable as we know it now won’t even exist in 10 years. https://www.yahoo.com/entertainment/cable-tv-dying-industry-only-211216126.html https://www.hollywoodreporter.com/business/business-news/cord-cutting-2022-cable-pay-subscriber-losses-1235340253/amp/ https://www.mediaplaynews.com/charter-loses-241000-q1-spectrum-tv-subscribers-ends-quarter-with-less-than-15-million-subs/ Your profits are from Internet service. Which consumers need to stream the media they have replaced cable with. Cable = / = Internet in my mind. But if it does in yours, that may be the disconnect. Since we are talking about ESPN - a television channel - I thought that was obvious. Cable TV will disappear but their internet service will remain. .

Pretty shocked that ECMC caused this mess.

No. Disney will likely purchase the remainder of Hulu. Not sell it. Unless they purchase Netflix, in which case they will likely be forced to sell Hulu to avoid a monopoly. Disney is already the largest streaming entity in the world, and will only strengthen that hold over the next decade.

I look forward to not watching it.

Over $5.3M in Disney securities alone. If you want to call that small investor then show your Cap Gains sheet - I’ll wait. I’ve shown mine already.

I don’t think you did. Because I did not only mention subscribers. I also wrote that negative cash flow is to be expected with a new streaming service. Netflix hemorrhaged money for 6 years before turning a profit. You are completely wrong and digging your heels in while doing so. Hint for you - It was Iger who developed the streaming service before he retired. They brought him back because Chapek was a disaster. The streaming losses were always part of the plan. Disney knew they would be in the red on the streaming side for several yearsZ It was expected. They expect to profit in 2024. Haha, yeah. It is genuinely incredible how ignorant posters are on certain topics yet dig their heels in.

This plan would strip all character from the network. It would be an absolute disaster. Changes need to be made, but this is not it.

It already has. I’m guessing you didn’t read my post - you just responded. Disney already has more subscribers than Netflix. They have around 234M subscribers across their streaming platforms. Netflix has around 232.5M. Disney has been hurting Netflix quite a bit over the past two years and slowing their growth. Disney+ took off like gangbusters and Hulu was already a moderate success. When they release the ESPN streaming, I won’t be surprised to see them go over 300M subs, which would put them well above Netflix. If Disney+ keeps gaining ground, they will begin to erode Netflix’s market share. There are even rumors that Disney may buy out Netflix. That would create what is essentially a monopod, with Disney owning Disney+, Hulu and Netflix. I am a Disney stockholder and fanatic. Iger did not unretire because of streaming. He unretired because Chapek was an absolute disaster and botched several things, such as the parks response to Covid, actor and actress pay, and HB1557. Literally zero to do with streaming, which has been Disney’s most successful venture in decades (outside of Marvel, which they are now steaming). Disney is playing this very wisely. They are creating custom content, which they can both give to their subscribers and license on the back end, not to mention put in their theme parks. That costs cash, but it’s a snowball - it gets better in time - just like Netflix did.

Your wish is their command.

Not sure why you thought that but Disney’s streaming has been a massive success. Across their streaming platforms they have over 230 Million subscribers. That’s more than Netflix. What you may be referring to is their negative cash flow on the streaming side, but that is to be expected with all new streaming platforms. Netflix lost money for half a decade before reporting a profit. Therefore, while Disney's streaming platforms might not be as profitable as they could be right now, it doesn't mean they aren't successful. They've captured a huge portion of the market and continue to grow. In terms of their financial performance, it's likely that they're following a long-term strategy where they'll eventually become profitable as they continue to add subscribers and increase their average revenue per user. This is a common strategy in tech-oriented businesses and not necessarily a sign of weakness or failure. Now that they have a massive subscriber base, they can rent some IP to other providers and make money on both ends.

Id be fine with them ending the “legends of the game” bit. We are at the point where it’s less “legends” and more “player you probably forgot about”.

Correct. But the other side of the coin is networks can no longer demand the fees from cable/satellite providers that they need to float. Cable/satellite is hemorrhaging from people moving to internet based media.

That would indeed be wonderful. The thought of the Jets wasting all those picks and money on a washed up player gives me great joy.

It’s pretty much impossible to know whether the drop off was due to Rogers or due to that awful team they put around him.

Belichick won a Super Bowl in Brady’s first season starting when Brady was 59% passing for 145 yards and 1 TD in the Super Bowl. Brady didn’t carry jack squat that year. Belichick won his second Super Bowl in 2003 when Brady had 23 TD’s and 12 INT. To put that into perspective, Ryan Fitzpatrick had a nearly identical season with us in 2010, when he had 23 TD’s and 15 INT. Brady didn’t carry jack squat that year either. Brady didn’t have a single season with more than 28 TD’s until Belichick already had 3 rings. Allen has had more than 28 TD’s for 4 seasons now. If Brady carried Belichick with those meager stats, then Allen has been overhead shoulder presses of McDermott for nearly half a decade now. Belichick also went 11-5 with Matt Cassell as his QB and went to the playoffs with Mac Jones. Belichick also shut down our k-gun offense in the 90’s when practically no one else could. He is great. Admitting it doesn’t make you less of a Bills fan. But not admitting it does make you look foolish.

No, I definitely haven’t. I want to add MORE of Diggs-players. We need more playmakers. Worst i’ve said is Josh should be tougher on Diggs.

Wow. Look at McDuffie.

Bill Belichick. Great coach. Terrible GM.

This conveniently ignores that Diggs left minicamp and McDermott said that he was very concerned.

Well that is the most glass-half-full post i’ve seen in a while haha. Well done.

Blocking your teammates shot isn’t protecting a younger kid. It’s bullying.