• mojofrododojo@lemmy.world
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    22 hours ago

    just going to cause this whole thing to fall apart

    Disney Plus generated $8.4 billion revenue in 2023, an 13% increase year-on-year.

    lol

    • frayedpickles@lemmy.cafe
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      1 hour ago

      I can’t prove the data wrong, but I will say it’s not particularly uncommon for businesses to move money around in an effort to make new product seem better or more profitable than it is. Tons of incentives to do so, little reason not to.

      Also since you quote revenue not profit, they were still net unprofitable as of 2023 https://www.hollywoodreporter.com/business/business-news/streaming-profit-report-netflix-disney-warners-paramount-nbcu-1235868631/

      • Gestrid@lemmy.ca
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        32 minutes ago

        it’s not particularly uncommon for businesses to move money around in an effort to make new product seem better or more profitable than it is.

        Didn’t Xbox do something like this? I heard they converted all remaining Xbox Live subscribers to Xbox Game Pass.

    • Queen HawlSera@lemm.ee
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      17 hours ago

      Yes, but they also brought back piracy, eroded faith in the brand, and while Disney+ is making money…

      Disney’s newer efforts are kinda showing it’s not the powerhouse it used to be. With the only thing they really have going for them are the legacy media that they’re holding hostage on a platform, they arbitrarily removes things from time to time for seemingly no reason (the Willow series for example, which makes very little sense since that was original to Disney+ to begin with and for some reason Buzz Lightyear of Star Command isn’t on the platform despite all the other Toy Story media being present… and there are several episodes of The Simpsons that are just straight up memory-holed; most infamously the Michael Jackson episode)

      If this trend continues, Disney will be left with people pirating the legacy media that people at home have shaky access to at best (Monthly fee for content that may be removed with no notice and for no reason), especially as prices soar and wages stay the same, and interest in newer project dwindling.

      Or to be blunt, one of the most classic blunders: High short term profits at the cost of being unsustainable in the long term.

      Sure it’s easy to think of Disney as laughing its way to the bank, but… think of it this way.

      Disney’s been king of the world, especially in animation (Which has been getting sidelined in favor of live-action. I guarantee if Mufasa was animated it’d be running neck and neck with Sonic 3 instead of lagging behind). They’re a luxury limousine running fast on a road that has no other cars (because Disney bought those cars), and the tank’s running out of gas. You won’t know it’s running on fumes until it comes to a complete stop, but at the speed it’s going it will take awhile…

      And the second it stops, a simple fuel service isn’t going to get it running again. It will get running again, too many people need it to run. So they’ll call a mechanic, and it will take to the streets once more.

      Is Disney cooked? of course not, but they will see a return of their darkest days. A decade or two of the Disney brand no longer being that shining seal of quality people take it for.

      I see it comparable to Nintendo’s Wii-U days when the company was a joke with no 3rd Party support and consumers who weren’t even sure what the Wii-U was even supposed to be. (Too many passed on it, believing it to be an overpriced gimmicky tablet add-on for the Wii… The launch title being NSMBU instead of something fans hadn’t already seen before I think is a big part of the blame for that.)

      Nintendo didn’t wind up in bankruptcy, but they’d need to reinvent the wheel via the Switch, win back 3rd Party Support, and rekindle the faith of the fans, to get back to being a power house.

      • frayedpickles@lemmy.cafe
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        2 hours ago

        Don’t forget another thing in common between Nintendo and Disney: lawsuits. And obsession with intellectual property. Not required to be against their own fans, but it is preferred.

      • Wrrzag@lemmy.ml
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        19 hours ago

        I guarantee if Mufasa was animated it’d be running neck and neck with Sonic 3 instead of lagging behind).

        But mufasa IS animated

        • GHiLA@sh.itjust.works
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          11 hours ago

          It’s also shit. Animation only goes so far.

          Say what you will about Sonic. No one involved in those films is having a bad time. There’s a lotta heart there and it shows.

          Mufasa is shlok incarnate.