|
Post by jdv on May 19, 2023 13:58:21 GMT -5
Poor butterflies:
"Walt Disney World’s costly Star Wars-themed Galactic Starcruiser Hotel will be permanently closing its doors in September, approximately 18 months after opening.
Costs for the voyage came in at a staggering $1,200 per person, per night. Family packages began at a whopping $6,000. The price tag included food and drink, admission to Disney’s Hollywood Studios for a planetary excursion to Galaxy’s Edge, the Star Wars-themed land, an exclusive magic band, and a two-night stay in either a cabin or suite.
Disney further announced it would be cancelling a proposed $1 billion installation amid “changing business conditions” for the company. The project, known as Lake Nona Town Center, was expected to create up to 2,000 jobs for the Orlando-based resort and was expected to give the company a half a billion dollars in tax breaks." -----------------------------------
All this as subscribers continue to flee Disney + in large numbers:
"The Walt Disney Company suffered a direct-to-consumer operating loss of over $1 billion, the company announced earlier this year.
Its streaming service also lost a staggering 2.4 million subscribers. These setbacks for the company forced reinstated CEO Bob Iger to announce 7,000 employee layoffs in February." -------------------------------
Add to that the fact that Kathleen Kennedy is still, somehow, in charge of STAR WARS (rumor is she just hired Wes Anderson to direct the new set flicks in what can only be called a disastrous decision) and Disney appears to be racing towards self destruction.
|
|
|
Post by Warpig on May 19, 2023 14:24:50 GMT -5
|
|
|
Post by jdv on May 19, 2023 15:41:39 GMT -5
So yeah - if have any Disney stock left, sell that shit now.
|
|