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Brought to fans, investors, entrepreneurs, executives, teachers, professors, and students by columnist, economist, novelist, reviewer, podcaster, business reporter and speaker Ray Keating

Showing posts with label Ray Keating. Show all posts
Showing posts with label Ray Keating. Show all posts

Friday, July 26, 2024

With the Olympics Starting in Paris, A Look at Disneyland Paris

 by Ray Keating

Disney, France & the Olympics

July 26, 2024 

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When it comes to watching the Olympics, it’s all about Disney’s competitor Comcast, which owns NBC, the television and streaming home (via Peacock) of the Games. And of course, the Paris Olympics officially kick off on July 26 with the Opening Ceremonies from Paris, including on the River Seine.

 

However, since those of us at DisneyBizJournal enjoy the Olympics, we thought it would be fun to delve into the links between France and Disney throughout the Games. And in this first piece, it’s time to take a look at Disneyland Paris, which opened on April 12, 1992...


Read the entire article at DisneyBizJournal.substack.com and please subscribe today!


Wednesday, July 24, 2024

Disney and NBA Reach Major 11-Year Deal

 by Ray Keating

News

July 24, 2024 

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The Walt Disney Company and ESPN announced today an agreement with the NBA that will extend their agreement for 11 years.


Read the full article at DisneyBizJournal.substack.com.

Tuesday, July 23, 2024

When Bad News for Comcast is Bad News for Disney

 by Ray Keating

Analysis

July 23, 2024 

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Yes, Comcast and Disney are rivals in the theme park, resorts, and movie businesses. But sometimes bad news for your competitor is bad news for you as well.

 

Read the full article at DisneyBizJournal.substack.com.

Monday, July 22, 2024

What Does Disney Need from “Deadpool & Wolverine” at the Box Office?

 by Ray Keating

Analysis

July 22, 2024 

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DisneyBizJournal has noted several times that Disney’s inability to control the costs of producing movies has turned several recent potential box office moneymakers into losers.

 

Keeping that in mind, all eyes are on the opening of Deadpool & Wolverine this coming weekend...

Saturday, July 20, 2024

Disney’s Labor Union Issues – A Private-Sector Rarity

 by Ray Keating

News/Analysis

July 18, 2024 

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The Walt Disney Company is in the midst of negotiating with assorted labor unions that represent some 14,000 workers at Disneyland in California. And it was reported on late Friday (July 19) that union members overwhelmingly voted to authorize a strike. Disney and four unions are in the midst of negotiations, which reportedly resume on July 22-23.

 

Read the full article at DisneyBizJournal.substack.com.

Thursday, July 18, 2024

Disney’s Poor Stock Performance

 by Ray Keating

Analysis

DisneyBizJournal.com

July 18, 2024

 

There’s been a good deal of talk about the underperformance of The Walt Disney Company’s stock. Since Disney is a company that seems to get a great deal of criticism – sometimes for good reason and many times without a sound basis – DisneyBizJournal has been overdue in taking a look at the Disney stock over the long haul.

 

It's standard practice to see how a stock performs compared to the market overall. The following chart comes courtesy of PortfoliosLab.com, and it compares the Disney stock price (DIS) versus the S&P 500 Index (as captured by SPDR S&P 500 ETF (SPY)). By the way, these prices are adjusted for stock splits and dividends.



The chart goes back ten years. From July 2014 to March 2021, Disney’s stock largely went along with the S&P 500. However, since March 2021, the divergence has been stunning, with the market climbing higher and Disney declining. Over this ten-year period, as PortfoliosLab noted, “DIS has underperformed SPY with an annualized return of 2.19%, while SPY has yielded a comparatively higher 12.93% annualized return.”

 

Over the past five years (see the first chart below from PortfoliosLab.com), the S&P 500 gained 102.8 percent, while Disney declined by 29.5 percent. And over the past year, the S&P was up by 24.1 percent, with Disney experiencing a gain of 12.7 percent (the second chart is below).





Finally, what about stock performance since Bob Iger returned as CEO on November 20, 2022? The S&P has been up 40.5 percent, while Disney’s down by 34 percent.

 

__________

 

Ray Keating is the editor, publisher and economist for DisneyBizJournal.com; and author of the Pastor Stephen Grant thrillers and mysteries, the Alliance of Saint Michael novels, and assorted nonfiction books. Have Ray Keating speak your group, business, school, church, or organization. Email him at raykeating@keatingreports.com.

 

The views expressed here are his own – after all, no one else should be held responsible for this stuff, right? Keating also own stock in Disney.

 

The Disney Planner: The TO DO List Solution combines a simple, powerful system for getting things done with encouragement and fun for Disney fans, including those who love Mickey, Marvel, Star Wars, Indiana Jones, Pixar, princesses and more.

 

Never miss any new book by Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at

https://www.patreon.com/pastorstephengrantfellowship.

 

Various books by Ray Keating…

 

• The Pastor Stephen Grant thrillers and mysteries. There are 19 books in the series now.

 

• The Alliance of Saint Michael novels – Cathedral and Subversion – are at Amazon. 

 

• Order The Weekly Economist III: Another 52 Quick Reads to Help You Think Like an Economist, The Weekly Economist II: 52 More Quick Reads to Help You Think Like an Economist, and The Weekly Economist: 52 Quick Reads to Help You Think Like an Economist at Amazon.com.

 

• Signed editions of Ray’s books are at www.raykeatingbooksandmore.com. 

 

Also, check out Ray’s podcasts – the Daily Dose of Disney, Free Enterprise in Three Minutes, and the PRESS CLUB C Podcast.

Tuesday, July 16, 2024

Disney Faces Challenges Given Cautious Consumers

 by Ray Keating

News

DisneyBizJournal.com

July 16, 2024

 

Since attendance appears to have been on the light side at Walt Disney World recently, the Disney speculation machine has shifted into high gear. But let’s look at some actual developments in the economy. In particular, like other businesses, The Walt Disney Company faces challenges regarding consumer spending.



As DisneyBizJournal noted, during Disney’s May 2024 earnings call, CFO Hugh Johnston noted that the Experiences division – parks and resorts, cruise line and consumer products – “will face some challenges in the coming quarter, namely, higher wages, increased costs due to cruise line expansions, and some demand moderation due to a return to pre-COVID levels.”

 

Fair enough, but there’s more behind “demand moderation.” The latest retail and food services sales report from the U.S. Census Bureau makes clear that consumers have been reining in their spending overall. Retail and food services sales in June came in flat (+0 percent). For good measure, retail and food services sales have seen no growth from December 2023 to June 2024. However, since these numbers are in nominal dollars, once inflation is factored into the equation, real retail sales have declined this year. In fact, going back to the start of 2023, real sales are down.  

 

Inflation, recession expectations, political uncertainty, and slowing economic and job growth have combined to make the consumer cautious. That, in turn, points to short-term challenges for companies like Disney.

 

__________

 

Ray Keating is the editor, publisher and economist for DisneyBizJournal.com; and author of the Pastor Stephen Grant thrillers and mysteries, the Alliance of Saint Michael novels, and assorted nonfiction books. Have Ray Keating speak your group, business, school, church, or organization. Email him at raykeating@keatingreports.com.

 

The views expressed here are his own – after all, no one else should be held responsible for this stuff, right?

 

The Disney Planner: The TO DO List Solution combines a simple, powerful system for getting things done with encouragement and fun for Disney fans, including those who love Mickey, Marvel, Star Wars, Indiana Jones, Pixar, princesses and more.

 

Never miss any new book by Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at

https://www.patreon.com/pastorstephengrantfellowship.

 

Various books by Ray Keating…

 

• The Pastor Stephen Grant thrillers and mysteries. There are 19 books in the series now.

 

• The Alliance of Saint Michael novels – Cathedral and Subversion – are at Amazon. 

 

• Order The Weekly Economist III: Another 52 Quick Reads to Help You Think Like an Economist, The Weekly Economist II: 52 More Quick Reads to Help You Think Like an Economist, and The Weekly Economist: 52 Quick Reads to Help You Think Like an Economist at Amazon.com.

 

• Signed editions of Ray’s books are at www.raykeatingbooksandmore.com. 

 

Also, check out Ray’s podcasts – the Daily Dose of Disney, Free Enterprise in Three Minutes, and the PRESS CLUB C Podcast.

Monday, July 15, 2024

Youth Baseball Coming Back to Walt Disney World

 by Ray Keating

News

DisneyBizJournal.com

July 15, 2024

 

The All-Star Game is this week, so it’s a natural time to hit on some baseball news. Last Thursday, Ripken Baseball and Walt Disney World announced that the ESPN Wide World of Sports Complex would host four week-long tournaments each year during the summers of 2025 and 2026.



In a statement, Ripken Baseball noted, “The Ripken Experience at Walt Disney World Resort will be a unique opportunity for teams from around the country to compete in world-class tournaments for ages 10U to 16U. The games will take place across 11 ballfields – six youth-sized baseball fields equipped with lights for night games and five professional-sized fields, including The Stadium at ESPN Wide World of Sports Complex, a venue that has hosted Major League Baseball spring training games and regular-season games for over two decades.”

 

Cal Ripken, Jr. said, “We are excited to collaborate with the iconic and globally recognized Walt Disney World to deliver unforgettable experiences for teams and their families.”

 

It also was noted: “Teams will enjoy a spectacular opening ceremony and have leisure time to explore Disney parks, where they can experience classic attractions as well as exciting new ones.”

 

The dates for 2025 have been announced: 

 

Week 1: June 8-13. 

Week 2: June 15-20.

Week 3: June 22-27.

Week 4: July 6-11.

 

For more information about Ripken Baseball, go to www.ripkenbaseball.com. Ripken Baseball has worked with Disney World in the past.



The Stadium at ESPN Wide World of Sports Complex has a rich baseball history, including hosting Spring Training for the Tampa Bay Rays in 2023; serving as the Spring Training home of the Atlanta Braves for 22 seasons, most recently in 2019; and the Rays played six regular-season games there during 2007 and 2008.

 

Count me among those who would like to see the ESPN Complex, once again, serve as a Spring Training home to a Major League club. But I’ll take whatever baseball I can, and this Ripken-Disney World partnership looks like a great experience for young players and their families.

 

__________

 

Ray Keating is the editor, publisher and economist for DisneyBizJournal.com; and author of the Pastor Stephen Grant thrillers and mysteries, the Alliance of Saint Michael novels, and assorted nonfiction books. Have Ray Keating speak your group, business, school, church, or organization. Email him at raykeating@keatingreports.com.

 

The views expressed here are his own – after all, no one else should be held responsible for this stuff, right?

 

The Disney Planner: The TO DO List Solution combines a simple, powerful system for getting things done with encouragement and fun for Disney fans, including those who love Mickey, Marvel, Star Wars, Indiana Jones, Pixar, princesses and more.

 

Never miss any new book by Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at

https://www.patreon.com/pastorstephengrantfellowship.

 

Various books by Ray Keating…

 

• The Pastor Stephen Grant thrillers and mysteries. There are 19 books in the series now.

 

• The Alliance of Saint Michael novels – Cathedral and Subversion – are at Amazon. 

 

• Order The Weekly Economist III: Another 52 Quick Reads to Help You Think Like an Economist, The Weekly Economist II: 52 More Quick Reads to Help You Think Like an Economist, and The Weekly Economist: 52 Quick Reads to Help You Think Like an Economist at Amazon.com.

 

• Signed editions of Ray’s books are at www.raykeatingbooksandmore.com. 

 

Also, check out Ray’s podcasts – the Daily Dose of Disney, Free Enterprise in Three Minutes, and the PRESS CLUB C Podcast.

Saturday, July 6, 2024

Which Eat to the Beat Concert Appeals to You?

 by Ray Keating

Theme Park Life

DisneyBizJournal.com

July 6, 2024

 

“Dinner and a show” has long held great appeal for me, and that includes the annual Eat to the Beat Concert Series as part of the EPCOT International Food & Wine Festival. Interesting food, wine and other drinks, and some good music? Once more, Disney World has grabbed my attention.



The Food & Wine Festival will run from August 29 to November 24 this year, and Disney announced the concert lineup just a few days ago. Here’s the list from Disney Parks Blog:

 

Aug. 30-31 – The Fray

Sept. 1-2 – Sugar Ray

Sept. 6-7 – Hoobastank

Sept. 8-9 – Yellowcard (NEW)

Sept. 13-14 – Tiffany

Sept. 15-16 – MercyMe

Sept. 20-21 – Sheila E.

Sept. 22-23 – The Wanted (NEW)

Sept. 27 – Luis Figueroa

Sept. 28-29 – Mau Y Ricky (NEW)

Sept. 30 – Jesse & Joy (NEW)

Oct. 4-5 – Aloe Blacc (NEW)

Oct. 6-7 – Joey Fatone & Friends

Oct. 11-12 – We The Kings

Oct. 13-14 – Switchfoot

Oct. 18-19 – David Archuleta (NEW)

Oct. 20-21 – Billy Ocean

Oct. 25-28 – Hanson

Nov. 1-2 – Haley Reinhart featuring Emily Estefan, Casey Abrams and Janel Parrish  (NEW)

Nov. 3-4 – Boyz II Men

Nov. 8-9 – Magic! (NEW)

Nov. 10-11 – Parmalee (NEW)

Nov. 15-16 – Smash Mouth

Nov. 17-18 – 98 Degrees

 

Are there any “must see” acts on the list for you coming to the America Gardens Theatre stage? I’d like to see Sheila E, Switchfoot, Billy Ocean and Smash Mouth.

 

As Disney notes, “Beginning July 9, you can secure your spot at the show by reserving an Eat to the Beat Dining Package available Friday-Monday.” Get more information here.

 

__________

 

Ray Keating is the editor, publisher and economist for DisneyBizJournal.com; and author of the Pastor Stephen Grant thrillers and mysteries, the Alliance of Saint Michael novels, and assorted nonfiction books. Have Ray Keating speak your group, business, school, church, or organization. Email him at raykeating@keatingreports.com.

 

The views expressed here are his own – after all, no one else should be held responsible for this stuff, right?

 

The Disney Planner: The TO DO List Solution combines a simple, powerful system for getting things done with encouragement and fun for Disney fans, including those who love Mickey, Marvel, Star Wars, Indiana Jones, Pixar, princesses and more.

 

Never miss any new book by Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at

https://www.patreon.com/pastorstephengrantfellowship.

 

Various books by Ray Keating…

 

• The Pastor Stephen Grant thrillers and mysteries. There are 19 books in the series now.

 

• The Alliance of Saint Michael novels – Cathedral and Subversion – are at Amazon. 

 

• Order The Weekly Economist III: Another 52 Quick Reads to Help You Think Like an Economist, The Weekly Economist II: 52 More Quick Reads to Help You Think Like an Economist, and The Weekly Economist: 52 Quick Reads to Help You Think Like an Economist at Amazon.com.

 

• Signed editions of Ray’s books are at www.raykeatingbooksandmore.com. 

 

Also, check out Ray’s podcasts – the Daily Dose of Disney, Free Enterprise in Three Minutes, and the PRESS CLUB C Podcast.

Thursday, July 4, 2024

Celebrating July Fourth with Walt Disney

 by Ray Keating

Commentary

DisneyBizJournal.com

July 4, 2024

 

Walt Disney was a patriotic guy, and he served up lots of quotes reflecting his love for America. But there was a depth to Disney’s patriotism that captured what’s been best about the United States. 



The following five quotes that I selected came from two wonderful books of quotes from Walt Disney on all kinds of matters – i.e., Walt's Words: Quotations of Walt Disney with Sources by Jim Korkis, and The Official Walt Disney Quote Book from the staff of the Walt Disney Archives. Hopefully, these capture the depth of Walt’s love for and understanding of America, as we celebrate the nation’s July Fourth birthday.

 

Walt understood that parts of the foundation upon which America is built are freedom and optimism about the future. Walt was speaking to his own time and to ours:

 

“Once a man has tasted freedom he will never be content to be a slave. That is why I believe that this frightfulness we see everywhere today is only temporary. Tomorrow will be better for as long as America keeps alive the ideals of freedom and a better life.” (Korkis)

 

There’s a reason why people want to come to America, and that has been the case throughout our history to this very day. Even with all of our shortcomings and failures, America is, as Walt says in this next quote, about tolerance, democracy and freedom – and under freedom, it’s clear that people see opportunity, i.e., the freedom to make a better life:

 

“All men will want to be free and share our way of life. There must be so much that I should have said and haven’t. What I will say now is just what most of us are probably thinking every day. I thank God and America for the right to live and raise my family under the flag of tolerance, democracy, and freedom.” (Korkis)

 

Unlike many today, Walt understood that there is a price for freedom. Freedom, as they say, isn’t free. And having gratitude for those who have secured our freedoms is very American, as is helping others in their struggle for freedom:

 

“The liberties which we enjoy and take for granted didn’t just happen. They had to be won. Even today, there are parts of the world where the fight for freedom is still going on.” (Korkis)

 

Walt loved Abraham Lincoln, as should all Americans. Disney understood that the principles of the American Revolution weren’t fully realized until we fought a bloody Civil War, with Lincoln, flaws and all (as we all have), leading the way:

 

“Most Americans will agree with me that no man has had more of a positive impact on a nation than Abraham Lincoln has on our country. Yet I have always felt that too few people realize that Lincoln’s concepts and philosophies are as useful, as necessary, as applicable today as they were when he pronounced them a century ago. His analysis of freedom and its true meaning, his approach to justice and equality, his own courage and strength – all areas vital in the 1960s as they were during the mid-1800s.” (Korkis)

 

It's striking how often Americans need to be reminded that freedom of speech and the free exchange of ideas are parts of what makes America great. To those who lack faith in their own ideas and beliefs to the point that they wish to take away the freedoms of others, well, Walt Disney wisely would disagree:

 

“Our heritage and ideals, our code and standards, the things we live by and teach our children are preserved or diminished by how freely we exchange ideas and feelings.” (Archives)

 

Thanks Walt, and God bless, America!

 

__________

 

Ray Keating is the editor, publisher and economist for DisneyBizJournal.com; and author of the Pastor Stephen Grant thrillers and mysteries, the Alliance of Saint Michael novels, and assorted nonfiction books. Have Ray Keating speak your group, business, school, church, or organization. Email him at raykeating@keatingreports.com.

 

The views expressed here are his own – after all, no one else should be held responsible for this stuff, right?

 

The Disney Planner: The TO DO List Solution combines a simple, powerful system for getting things done with encouragement and fun for Disney fans, including those who love Mickey, Marvel, Star Wars, Indiana Jones, Pixar, princesses and more.

 

Never miss any new book by Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at

https://www.patreon.com/pastorstephengrantfellowship.

 

Various books by Ray Keating…

 

• The Pastor Stephen Grant thrillers and mysteries. There are 19 books in the series now.

 

• The Alliance of Saint Michael novels – Cathedral and Subversion – are at Amazon. 

 

• Order The Weekly Economist III: Another 52 Quick Reads to Help You Think Like an Economist, The Weekly Economist II: 52 More Quick Reads to Help You Think Like an Economist, and The Weekly Economist: 52 Quick Reads to Help You Think Like an Economist at Amazon.com.

 

• Signed editions of Ray’s books are at www.raykeatingbooksandmore.com. 

 

Also, check out Ray’s podcasts – the Daily Dose of Disney, Free Enterprise in Three Minutes, and the PRESS CLUB C Podcast.

Wednesday, July 3, 2024

Celebrating July Fourth with Captain America

 by Ray Keating

Commentary

DisneyBizJournal.com

July 3, 2024

 

Since I was a kid, I’ve been a big Captain America fan. Captain America, a.k.a. Steve Rogers, not only tapped into patriotic little Ray, but, as I’ve written before, Captain America comic books planted in me a love of reading. That, of course, led to my own efforts as a writer.



So, here are some of my favorite quotes from Captain America for July Fourth, Independence Day…

 

“Doesn't matter what the press says. Doesn't matter what the politicians or the mobs say. Doesn't matter if the whole country decides that something wrong is something right. This nation was founded on one principle above all else: the requirement that we stand up for what we believe, no matter the odds or the consequences. When the mob and the press and the whole world tell you to move, your job is to plant yourself like a tree beside the river of truth, and tell the whole world – ‘No, you move.’” 

- Captain America, 

from Amazing Spider- Man #537 by J. Michael Straczynski

 

“As long as freedom may be threatened – Captain America must follow his destiny – wherever that may lead!”

- Captain America

from Captain America #100 by Stan Lee

 

“I will not tolerate – I will not allow – any talk of the necessity of necessary evil. I have spent my life on that line and every time I’ve seen someone cross it, death and horror and shame was what followed. So I refuse to entertain it.”

- Captain America,

from New Avengers (Vol. 3) #2 by Jonathan Hickman

 

“You know, the last time I was in Germany and saw a man standing above everybody else, we ended up disagreeing.”

- Captain America

from The Avengers movie

 

“The price of freedom is high, it always has been. And it's a price I'm willing to pay. And if I'm the only one, then so be it. But I'm willing to bet I'm not.” 

- Captain America

from Captain America: The Winter Soldier movie

 

“I fought your kind every day of that war, Zemo! You mocked democracy and said that free men were weak! Well feel this grip, Zemo — it's the grip of a man who loves liberty! Look into the eyes of your foe, and know that he will die for his freedom! The world must never again mistake compassion for weakness! And while I live — it had better not!”

- Captain America, 

from Avengers #6 by Stan Lee

 

Thanks to all of the comic book artists and writers who worked on Cap in his stand alone book and part of the Avengers, and got me interested in Captain America, including Cap’s creators Jack Kirby and Joe Simon. God bless, America!

 

__________

 

Ray Keating is the editor, publisher and economist for DisneyBizJournal.com; and author of the Pastor Stephen Grant thrillers and mysteries, the Alliance of Saint Michael novels, and assorted nonfiction books. Have Ray Keating speak your group, business, school, church, or organization. Email him at raykeating@keatingreports.com.

 

The views expressed here are his own – after all, no one else should be held responsible for this stuff, right?

 

The Disney Planner: The TO DO List Solution combines a simple, powerful system for getting things done with encouragement and fun for Disney fans, including those who love Mickey, Marvel, Star Wars, Indiana Jones, Pixar, princesses and more.

 

Never miss any new book by Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at

https://www.patreon.com/pastorstephengrantfellowship.

 

Various books by Ray Keating…

 

• The Pastor Stephen Grant thrillers and mysteries. There are 19 books in the series now.

 

• The Alliance of Saint Michael novels – Cathedral and Subversion – are at Amazon. 

 

• Order The Weekly Economist III: Another 52 Quick Reads to Help You Think Like an Economist, The Weekly Economist II: 52 More Quick Reads to Help You Think Like an Economist, and The Weekly Economist: 52 Quick Reads to Help You Think Like an Economist at Amazon.com.

 

• Signed editions of Ray’s books are at www.raykeatingbooksandmore.com. 

 

Also, check out Ray’s podcasts – the Daily Dose of Disney, Free Enterprise in Three Minutes, and the PRESS CLUB C Podcast.