The simple fact is that when it comes to corporations, that’s the only way to force changes. The Shareholders ultimately decide who runs the company and whether it is acting in their interests. Disney’s comparatively small fuck up here with Kimmel (compared to the entire empire) has cost the company millions in lost profit from subscription cancellations alone and an untold amount of goodwill worldwide, which indirectly equates to lost profits for years. Losses way more impactful than the small piece of the pie that is the show on ABC.
The simple fact is that when it comes to corporations, that’s the only way to force changes. The Shareholders ultimately decide who runs the company and whether it is acting in their interests. Disney’s comparatively small fuck up here with Kimmel (compared to the entire empire) has cost the company millions in lost profit from subscription cancellations alone and an untold amount of goodwill worldwide, which indirectly equates to lost profits for years. Losses way more impactful than the small piece of the pie that is the show on ABC.
Maybe they need to do the same with Nexstar & Sinclair. I understand Sinclair is in debt over 4 times its market cap.
And they bought back shares from the tax rebates the last time we did this dumbass dance…
dint they lose billions, not millions, just from the kimmel thing alone.
THe colbert situation pretty much primed the situation to be worst.
Probably, I was being conservative on the estimate, and Disney will never admit it. They’ll find ways to hide the actual impact in other minutiae.