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It Takes a Village to Catch a Fish Cafe Quick Hits 2 Quick Hits The New York Times -- "All the News That's Fit to Print" -- Finally Admits the Existence of Covid "Vaccine" Injuries, Three Years After Hundreds of Millions of Injections Julie Kelly: DOJ Finally Admits They Doctored Trump's "Classified" Documents by Putting Them Inside Classified Information Folders, and Then Propagandizing the Country With Photos of Them ABC "News" Fires Its Woke DEI Hire "News Chief" The Biden Usurpation is Now Withholding Precision-Guided Bombs From Israel (Which Will Force Them to Use "Dumb Bombs," Resulting In More Civilian Deaths (both Real and Fake), Which They Will Then Blame Israel For Kamala Harris Wows Nation with Debut of Entirely New Way to be Off-Putting The Morning Rant: Minimalist Edition Absent Friends
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July 17, 2023
Barry Diller: Hollywood Faces an "Absolute Collapse" If Actor and Writer Strikes Are Not Resolved SoonVia Ken Gardner who adds: The former head of Paramount sees nothing but bad signs for Hollywood. Former Paramount CEO Barry Diller delivered a grim prediction for Hollywood on Sunday, warning that the industry is facing an "absolute collapse" if the Writers' and Screen Actors Guild joint strike extends into the fall. In semi-related news: Bob Iger says that Disney might be forced to sell off the ABC television network, the FX and FXX networks, and all "non-linear" networks... and wants someone to come in as a coinvestor to share the losses from the dying ESPN.
Walt Disney Company boss Bob Iger said the company is considering selling its TV assets while seeking a strategic partner for sports cable property ESPN. Note the properties he's considering selling are, mostly, companies that were purchased by Disney before Iger. FX and FXX were acquired by Iger when he bought Fox's entertainment divisions. But neither of those, I think, has ever been sold as standalone units and so do not have any valuations attached to them. I point this out because of either Valliant Renegade's or WDW_Pro's point (forget which) that Iger does not want to sell off the big properties he bought -- LucasFilm, Marvel, Pixar, and even Fox, as a whole -- because the selling price will be much, much lower than the purchase price. This would expose him as rube who consistently overpaid for other people' successful studios to cover-up Disney's own struggling creative output. And it would also confirm everyone's strong suspicion that all of these properties are worth only 25-50% of what was paid for them, and therefore maybe all of Disney is similarly only worth 25-50% of the current market valuation. He can't afford to sell anything that people know a recent purchase price for. He can only sell things acquired long ago (ABC) or which have never been sold on their own as standalone units (FX, FXX). But he will never sell anything that he over-paid for. He cannot afford to let the world know, in stark mathematical terms, just how poorly he's run Disney these past eight years. By the way, the last weekend's box office had Mission Impossible at number one and Sound of Freedom at number two. Phloebiana Jones fell to fourth. What a disgrace. The Sound of Freedom has made $85 million in two weeks of release. | Recent Comments
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(5/7/24) Tuesday Overnight Open Thread
It Takes a Village to Catch a Fish Cafe Quick Hits 2 Quick Hits The New York Times -- "All the News That's Fit to Print" -- Finally Admits the Existence of Covid "Vaccine" Injuries, Three Years After Hundreds of Millions of Injections Julie Kelly: DOJ Finally Admits They Doctored Trump's "Classified" Documents by Putting Them Inside Classified Information Folders, and Then Propagandizing the Country With Photos of Them ABC "News" Fires Its Woke DEI Hire "News Chief" The Biden Usurpation is Now Withholding Precision-Guided Bombs From Israel (Which Will Force Them to Use "Dumb Bombs," Resulting In More Civilian Deaths (both Real and Fake), Which They Will Then Blame Israel For Kamala Harris Wows Nation with Debut of Entirely New Way to be Off-Putting The Morning Rant: Minimalist Edition Search
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