Perhaps the losses in all businesses are related to their woke attitude? They have lost a ton of money on their woke movies. This probably hurt their brand on their streaming services. Regarding Disney+, the article says that other streaming services like Netflix are doing great business.
By comparison, Netflix Inc. has rallied 49% this year — it now trades at about 32 times forward earnings
Earlier this year attendance was down in their Florida parks. If @scripta’s observation is statistically valid, then Disney’s shenanigans in Florida might explain the discrepancy.
But it doesnt explain similar drops at Universal, Busch Gardens, and Sea World.
Just like “doing great” Netflix - which is still down 50% off it’s highs from a couple years ago. Much like Disney.
Disney’s performance isnt exactly an anomaly. You are trying way to hard to isolate a cause/effect relationship. It’d be more accurate to suggest that Florida’s politics have had an adverse effect on all it’s theme parks; there’s actual data to support that connnection, even though it’s the opposite of where you want to place the blame…
After a slew of breathless MSM articles along the lines of “this is the end of Trump’s Media business” regarding the recent deadline for the shareholder vote on extension of the SPAC merger between DWAC and Truth Social, ala
it turns out, unsurprisingly, the DWAC shareholders like Trump’s Media stuff and voted for it in enough quantities to get another year of SEC obstruction to the merger. The fact that the stock was $15-20 and liquidation would be around $11 (a loss for all shareholders) probably helped too.
Meanwhile, across the rest of the country, some big-box retailers have either closed up shop or taken new security measures in stores for similar reasons.
No, not “across the rest of the country”. It’s mostly in pretty specific areas, and often aligned with certain political ideals of the prevailing powers. But, no need to bother mentioning that…
Cathleen Chen reported that the brand’s efforts to promote inclusivity – which included making LGBTQ pro women’s soccer player and outspoken leftist Megan Rapinoe, as well as a transgender woman, brand spokesmodels and getting rid of its famous “Angels” supermodels – gained “favorable reviews from online critics [but] never translated into sales.”
According to the numbers, the lingerie brand’s projected revenue for 2023 is $6.2 billion, which is 5% lower than it was last year, and even lower than 2020, when the brand’s revenue was $7.5 billion.
“UFC BOYCOTT IS ON,” one user shared to X following the announcement, which will see Bud Light’s logo on fighting rinks and in marketing materials as of January.
“Time to double down on the #BoycottBudLight and now #BoycottUFC,” another posted, while yet another chimed in: “Dumb move.”
Will Disney ever learn from its mistakes? Probably not.
Disney spent 2023 doubling down on gay and transgender messaging to children. As Breitbart News reported, GLAAD recently announced that Disney (and Netflix) produced more LGBTQ content than any other major Hollywood studio.
At its theme parks, men in drag are greeting children in what has become the company’s inexplicable embrace of gender non-conformity.
Rental EVs make even less sense than buying them. When do you typically rent a car? EV shortcomings are only magnified in such situations. Long trips, unfamiliar areas (with no clue where charging may be available), even as a replacement vehicle while your car is in the shop.
I dont know if this divestiture reflects on general sentiment, it’s just the fact people dont rent cars in situations where they have the time and ability to familiarize themselves with the car.
LOL. You see verification in every headline that agrees with your opinion, don’t you?
Hertz overestimated the demand and bought too many cars, and now they’re correcting to meet the actual demand. It’s not like they’re selling their entire EV fleet.
No, you made an assertion (“consumer does not want battery cars”), then misrepresented the Hertz article as evidence. The USA Today article is better evidence for your assertion.
EVs are too expensive to begin with. And the stupidity that is the California AB 205 (income-based fixed utility charge) introduces further uncertainty in the value proposition (CA is the biggest EV market). I want an EV or PHEV and I know multiple happy Tesla owners, but I just can’t justify it financially. They’re piling up at dealerships probably because production has outpaced the number of people who can afford / justify them.
I, of course, disagree with you. Car renters are consumers, and the fact that they prefer gasoline engine cars to EV‘s is certainly evidence that EVs are unattractive to them.
You say that you are eager to buy an EV. So I assume that given the opportunity to rent one versus a gasoline powered car, you would choose the EV. Of course not all people dislike EVs. But the evidence is that it’s a lot fewer than the numbers that Hertz and the car manufacturers thought.
Glitch asserts that the use case for rental cars is different than everyday drive. That people drive longer distances? I’d be interested in seeing statistics about that. I have rented a car many times just to drive a few miles within the city from the airport to my hotel to meetings and then back.
So I think my citation of the article about rental cars is good evidence. It is certainly much better than the zero evidence that you have presented for your case.
I gave examples of why you rent a car. Including your exact use case - where you fly into an unfamiliar area and don’t have time to waste figuring out charging logistics/piss around worrying about if you’ll need to recharge at some point.
All I was saying is that the EVs are a niche market, the rental EV market is even narrower. Dumping a fleet of rental EVs is pretty straightforward and isn’t much of an indicator of anything deeper.
This may be true for rental purposes and should not be generalized.
When you assume, you make an ass of u and me. Not being part of the EV ecosystem yet, I have not tried to figure out what is required of me to charge the EV, how much it costs, etc. EV owners have apps on their phones that make finding a charger easier. They know what kind of charger they need, where to find it, and how to pay for it, and which ones are free if they have that benefit. Plus I only rent when away from home and usually when driving long distances, thus possibly requiring multiple charges.
