tag:blogger.com,1999:blog-1175796691998258808.post6215583229340650715..comments2024-03-06T21:42:48.897-08:00Comments on DisneyBizJournal.com: Disney Execs Should Listen to Milton Friedman and Stop Stealing from ShareholdersRay Keatinghttp://www.blogger.com/profile/08803360812725657487noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-1175796691998258808.post-80816920931678714982022-04-13T03:17:04.001-07:002022-04-13T03:17:04.001-07:00You poeple don't understand this situation at ...You poeple don't understand this situation at all; this whole mess happened BECAUSE Chapek tried to be apolitical. He agrees with wanting Disney out of politics and his initial response to the bill was meant to be completely apolitical refusing to make any clear statement on the issue (he gave the exact response you wanted him too). However when something wrong is happening in the world and you refuse to condemn it, then you are tolerating and condoning it which is almost as bad as supporting it. There really is no true apolitical position. So by trying to take no stance on the issue Chapek invited criticism against Disney for refusing to condemn a controversial bill, which led to him having to walk back his apolitical statement which got him hit from the right. He wound up pissing off the Left for not being woke enough, and the right for being too woke. The previous CEO's understood this which is how they were able to avoid Disney getting hit in the crossfire. They used carefully worded statements that allowed them to side with the Left on social issues, while at the same time minimizing how much they piss off the right<br /><br />And as for why disney has been "woke" and engages in these politics; its because its normally very good for business. You really think disney does anything without consulting a massive team of market researchers? The company is driven by profits first and foremost and one thing their marketing teams have figured out a LONG time ago is that the group of people with the most disposable income who is most likely to spend that income on disney products overwhelmingly leans to the left. Take for example two families; one is a family book readers and the other is a family of sports fans; which family is more likely to spend money on disney? The book readers. As such its in disney's own interests to be as welcoming as possible to them to get them to spend as much money as possible. Disney COULD try to also reach out to the sports fans aswell, but their personal tastes in entertainment means they still won't spend that much money on disney even if Disney caters to them. And if Disney is in position where it has to pick one side or the other, Disney has a FINANCIAL reason to side with the book reading family over the sports fans. When Disney makes "woke" decisions" they are doing it to make Disney more welcoming to the audience that is the most likely to spend money on their products thus making the company more money. Being seen as anti-woke means getting Disney condemned by the audience that's most likely to spend money on their products. This is also why they then cut LGBTQ content in china because over there is clearly hurts sales in that country (this also shows that Disney cares more about profits than promoting "wokeness"). All that money that Disney spends on pandering to the woke and politics makes the company MORE money. For Disney, being apolitical means pushing away their best customersMontenoreply@blogger.comtag:blogger.com,1999:blog-1175796691998258808.post-43702269635788925152022-04-05T08:42:01.025-07:002022-04-05T08:42:01.025-07:00Pointing out that Iger (whom I find reprehensible)...Pointing out that Iger (whom I find reprehensible) was foolish and a thief does not mean that Chapek and his team are not also foolish thieves.Anonymoushttps://www.blogger.com/profile/13189932014740955535noreply@blogger.comtag:blogger.com,1999:blog-1175796691998258808.post-35553675093706746262022-04-05T08:23:27.123-07:002022-04-05T08:23:27.123-07:00How do you know that all or even most Disney emplo...How do you know that all or even most Disney employees want part of their potential raises this year spent on woke crap?<br /><br />Even if a majority do want the company to engage in political activism, it's still stealing from the other employees and stockholders.<br /><br />In truth, even feeding the poor (charity) is the INDIVIDUAL RESPONSIBILITY of employees, management and stockholders.<br /><br />Use your own money!Anonymoushttps://www.blogger.com/profile/13189932014740955535noreply@blogger.comtag:blogger.com,1999:blog-1175796691998258808.post-25885051070390785722022-04-05T08:13:26.682-07:002022-04-05T08:13:26.682-07:00It's way past time for someone who has some ki...It's way past time for someone who has some kind of noticeable platform to point out that these woke CEOs and boards are stealing from their stockholders. Even if many of the stockholders agree, the others are seeing any growth of their investment diminished or even, as in this case, destroyed.<br /><br />If you say "Then they can take their investment and leave." you are actually pointing out that those who want corporate activism can take THEIR money and leave.Anonymoushttps://www.blogger.com/profile/13189932014740955535noreply@blogger.comtag:blogger.com,1999:blog-1175796691998258808.post-72418169999253136912022-04-05T08:05:36.360-07:002022-04-05T08:05:36.360-07:00If there are so many gays that support Disney'...If there are so many gays that support Disney's wokeness, why aren't they buying stock and propping up the share price?<br /><br />Besides, the point still remains, political activism with other people's money is still theft. Just like using taxpayer money (OPM) for welfare is theft, not 'charity.'<br /><br />You would object to me using your money to buy guns for black moms in Chicago so they can defend themselves from their neighbor's kids.<br /><br />Use your own money!Anonymoushttps://www.blogger.com/profile/13189932014740955535noreply@blogger.comtag:blogger.com,1999:blog-1175796691998258808.post-2920288314789176652022-04-03T18:17:50.378-07:002022-04-03T18:17:50.378-07:00Having read the Parental Rights in Education Act, ...Having read the Parental Rights in Education Act, and the misrepresentations by TWDC executive management regarding that act, I will no longer intentionally purchase any Disney-related items for me or my family (including my three grandchildren) or visit any Disney-related vacation destination until TWDC retracts its statements regarding that act.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1175796691998258808.post-28444339662252233392022-04-03T13:08:24.197-07:002022-04-03T13:08:24.197-07:00Ray, This was the best April Fool's joke I'...Ray, This was the best April Fool's joke I've read so far! You got me buddy. What wasn't an April Fool's joke was the tenure of Bob Iger and his foolish spending sprees, bloated executive and management positions and their salaries, and vanity projects with no return on investment (Star Wars Lands and NBA Experience), and the hiring of woke personnel in all departments and divisions. The Board under Iger voted him to be CEO/President which allowed for the absence of checks and balances. The Board must realized the foolish mistake and have gone to back to having those two positions separate. Chapek is the firefighter putting out the fires (non-ROI Expenditures) started by Iger. Speaking of politics, Bob Iger created these fires to find favor with Hollywood Woke elites who would support his political ambitions to either be the Governor of California or President of the United States. Thanks again for the belly laugh.Sasak Leumashttps://www.blogger.com/profile/06864898238389279433noreply@blogger.comtag:blogger.com,1999:blog-1175796691998258808.post-25450537066257104512022-04-03T10:56:31.001-07:002022-04-03T10:56:31.001-07:00In what way is the bill poorly written?In what way is the bill poorly written?Boethius1958https://www.blogger.com/profile/01095525778699552558noreply@blogger.comtag:blogger.com,1999:blog-1175796691998258808.post-61049802581402339642022-04-03T09:27:58.760-07:002022-04-03T09:27:58.760-07:00And just how is the Florida bill impacting gays?And just how is the Florida bill impacting gays?Odinhttps://www.blogger.com/profile/06822702673801898150noreply@blogger.comtag:blogger.com,1999:blog-1175796691998258808.post-57652617014013291512022-04-03T08:42:44.987-07:002022-04-03T08:42:44.987-07:00You go Ray! We have changed our plans and are goi...You go Ray! We have changed our plans and are going to Dollywood! Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1175796691998258808.post-63044362788673021522022-04-03T08:26:14.449-07:002022-04-03T08:26:14.449-07:00I'm a Disney shareholder and I don't care ...I'm a Disney shareholder and I don't care how much you hate gay people, it's absolutely Disney's job to step in and protect that huge swath of their audience. If Disney fails to stand up for gay people, they wil lose way more paying customers than these broke conservatives who don't buy anything anyway. Taylorhttps://www.blogger.com/profile/17243683160105147165noreply@blogger.comtag:blogger.com,1999:blog-1175796691998258808.post-10973352966706224322022-04-03T08:09:34.470-07:002022-04-03T08:09:34.470-07:00I too am a Disney shareholder and wrote chapel pri...I too am a Disney shareholder and wrote chapel privately; I don't have a soapbox to stand on. Agree that it is not the role of corporate crusaders to use shareholder funds to proclaimed their woke opinions. As for the wishes of employees: they, like the CEO are mere hired hands and have no business verbalizing public opinion in the name of the company.Redstonianhttps://www.blogger.com/profile/10078793334378739778noreply@blogger.comtag:blogger.com,1999:blog-1175796691998258808.post-20548658989220940222022-04-03T04:57:06.411-07:002022-04-03T04:57:06.411-07:00Probably enough with another thousands of sharehol...Probably enough with another thousands of shareholders that have same opinion and are working on selling their share right now and buying from another companies that actually won't be involved in employees personal drama causes.etpwisehttps://www.blogger.com/profile/16336566524073790070noreply@blogger.comtag:blogger.com,1999:blog-1175796691998258808.post-52702442906334904722022-04-02T17:27:14.184-07:002022-04-02T17:27:14.184-07:00So you just want him to completely ignore the wish...So you just want him to completely ignore the wishes of his employees, driving them out? And then who will make the content, you? Ha!<br /><br />You advertise yourself as a "Disney shareholder". How many shares do you actually hold?Cokenoreply@blogger.com