DISNEY1975
DIS Veteran
- Joined
- May 5, 2008
As a public company, Disney's duty is to maximize the value of its shareholders' interest. Making money is directly related to maximizing value - but it's more than just making money and includes other variables (like how that money is made and impact on value over time). Disney could make a boatload of money today by selling off its assets, or auctioning off the Marvel and Star Wars IP - but it's not doing that because there's greater shareholder value in holding on to those properties and developing them in the future than selling them off today. And that's where things like the parking fees get complicated - yes, those fees make money today and increase shareholder value in the short term. But if aggressive price increases erode guest satisfaction, corporate goodwill, and repeat business in the long term - Disney has made money in the short term but it hasn't necessarily maximized shareholder value if that leads to long term declines in the business. Absent a rapid reaction by the market, however, the total impact of incremental price increases long term is something that current management can leave to the next round of executives to deal with.
Marvel’s “Black Panther” continues its record-breaking streak, passing the $1 billion mark at the global box office in just 26 days.
The Ryan Coogler tentpole is the 33rd movie to gross $1 billion. It’s the 16th Disney film to reach this milestone,
And they still want my money to park at their hotel!