DISNEY's $12 Billion STAR WARS LIE SHREDDED

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  • Опубликовано: 23 дек 2024

Комментарии • 292

  • @ValliantRenegade
    @ValliantRenegade  9 месяцев назад +18

    🚨🚨 LIKJE! SUBSCRIBE! SHARE! COMMENT BELOW! - Merch Store MixedTees.com/ValliantRenegade

    • @ChicagoDB
      @ChicagoDB 9 месяцев назад +2

      How can we tell when Disney is lying about their financials and performance? - Bob Iger’s lips are moving.

    • @michaelxz1305
      @michaelxz1305 9 месяцев назад +2

      "TSR" is not total shareholder return.. It's total suspect return

    • @BobbyFett3994
      @BobbyFett3994 9 месяцев назад

      VR, you’re at the top of your game. This video is a knockout punch to the fevered dream claims of Disney’s success. Well done.💯👍🏾

  • @jeffreythomason1113
    @jeffreythomason1113 9 месяцев назад +23

    What the BIG print giveth, the small print taketh away!

  • @DamienDrake2940
    @DamienDrake2940 9 месяцев назад +69

    The lack of solid numbers and details is an admission of failure.

    • @anthonyyoutubefan7567
      @anthonyyoutubefan7567 9 месяцев назад +2

      The fine print, at the bottom of their revenue analyses, reveals it, too.

    • @marcomarterer7232
      @marcomarterer7232 9 месяцев назад +4

      once you start lying and deceiving becomes an unpunished habit, there is no reason to stop.
      I mean if only 10% of shareholders believe this shit it´s still worth it right?!

  • @1701EarlGrey
    @1701EarlGrey 9 месяцев назад +6

    They made 12 billions on what ??? There is no way that they made that money

  • @kerravon168
    @kerravon168 9 месяцев назад +60

    Misrepresenting corporate financials on the scale that Disney is doing here sounds a lot like defrauding the shareholders to me. This surely can't be legal under the SEC can it?

    • @eccentricthinker142
      @eccentricthinker142 9 месяцев назад +8

      Enron had the same peotections... up until they didn't

    • @mjkcneely
      @mjkcneely 9 месяцев назад

      Enron was straightforward fraud with cover up for years. Disney is too smart for that and execs have too much too lose. Their attorneys would have reviewed first. All of the footnotes and caveats at the bottom of the report likely make everything technically accurate and some are only projections /estimates.

    • @eccentricthinker142
      @eccentricthinker142 9 месяцев назад +1

      @AnoneemusNoename When the government declares a company too big to fail, it just means they tie their own fates together.
      Usually for the worse

  • @claypoole702
    @claypoole702 9 месяцев назад +101

    Disney is insane. If we have a valid government, a valid banking system, a valid society... Everything here would be completely transparent.

    • @SH1N0B1W4N
      @SH1N0B1W4N 9 месяцев назад

      Disney has no way to hide their nonsense now, their sensible employees are leaking info, their mainstream media friends are turning against them too, everyone is starting to see that Bob Iger and his friends have ruined more than just Disney's reputation.

  • @timsoyer3840
    @timsoyer3840 9 месяцев назад +141

    Boycott Disney. Do not buy any merchandise, don’t go to their movies, cancel your streaming service, stay away from their overpriced parks. Show them how sick we are of their identity politics. tell them what they can do if they’re DEI agenda

    • @CloneShockTrooper
      @CloneShockTrooper 9 месяцев назад +7

      quit my disney plus subscription

    • @Tracy_LLC
      @Tracy_LLC 9 месяцев назад +5

      I have been for years now and I see no end to it with Iger in power.

    • @petriew2018
      @petriew2018 9 месяцев назад +7

      i mean, with or without an actual boycott.... isn't this kind of why the company is already spiraling the drain?
      Even without an active campaign, people are just largely done with Disney products, they simply don't care anymore. The Disney logo has gone from a mark of quality to a mark of 'oh, so maybe i'll wait and see what my friends think first'.... which is even worse than a boycott. That's the kind of damage that can take an entire generation to fix.

    • @Puzzoozoo
      @Puzzoozoo 9 месяцев назад +2

      I'll be getting Andor on 4k Blu-ray when it is released here in Britain in July.

    • @marcoasierrabernal4893
      @marcoasierrabernal4893 9 месяцев назад +4

      I’ve been doing that for the past 4 years I still feel bad that I went to watch the first Star wars sequel, it was a slow and painful movie. And as a fan it hurt. The Force is not woman, neither is Katlin Kennedy, that thing is a leach same as the whole Disney studio, leaching to nostalgia to sell week unimaginative content no one e asked for

  • @MeAndMyMonkey735
    @MeAndMyMonkey735 9 месяцев назад +96

    I surmise that Disney has a world class chef cooking their books.

    • @sky0kast0
      @sky0kast0 9 месяцев назад +9

      If not a good bakers dozen

    • @MeAndMyMonkey735
      @MeAndMyMonkey735 9 месяцев назад +3

      Exactly

    • @richardmartin8998
      @richardmartin8998 9 месяцев назад +3

      At this point their accounting department should just be getting Michelin stars, not audits

    • @superomegaprimemk2
      @superomegaprimemk2 9 месяцев назад +3

      They likely get two showers a day for free to help with this cooking of the books!

    • @Albie989
      @Albie989 9 месяцев назад +4

      "Hey, Alex!"
      - What is it, Riley?"
      "I found these two Excel spreadsheets on this thumb drive. One of them says, 'Show to the IRS.'"
      - What does the other one say?
      "'NEVER show to the IRS.'"

  • @myrddrral
    @myrddrral 9 месяцев назад +21

    If I were a shareholder, no amount of smoke Disney blew up my ass would change the fact that their stocks went way down.
    Simple as.

  • @roystoyscomics1361
    @roystoyscomics1361 9 месяцев назад +27

    "It's not a profit, it's a lie!!'
    The profit is a total loss...
    Creative bookkeeping is a crime... called fraud. They should get sued...oh, wait...😂
    The Ruse of Soywalker

  • @gunnar6674
    @gunnar6674 9 месяцев назад +21

    "You read the fine print? Wait, that's illegal."
    The "investment" not inclduing the cost of buying Lucasfilm or the Disney+ shows, and the returns included expected Disney+ returns; "creative" accouting is something that's easy to miss if you don't follow this closely.

  • @aarongra1096
    @aarongra1096 9 месяцев назад +3

    Why doesn't Disney have accounting write some screenplays? That's where the real creativity thrives.

  • @dangtoons1760
    @dangtoons1760 9 месяцев назад +4

    Thanks for bringing so much daylight to all this -- Including the success of IP prior to acquisition as part of ROI is straight up deception.
    Recalculate Pixar, excluding the 7 movies that Disney merely distributed. Restate "Avengers" to include the cost & return of ALL Disney Marvel produced films and the 11 released MCU shows (18 produced) Including the re-acquisition of the Netflix shows to indicate ending those revenue streams (licensed to Netflix & ABC and those terminated physical media sales). Restate "Frozen" to include costs incl overhead (It's an in-house investment) & the returns for the 11 Disney mostly DOA animated films produced since Frozen (2016) excluding Pixar. Restate Star Wars as LucasFilm entirely -- odd that they include D+ shows in the visual 'proof' of ROI but exclude them in the fine-print.

  • @donfisherjr.2404
    @donfisherjr.2404 9 месяцев назад +5

    Disney's new motto: "If we can't dazzle them with brilliance, we'll baffle them with b.s."

  • @dadetomric
    @dadetomric 9 месяцев назад +37

    If Disney had really made all that money from Star Wars then why did they stop making movies. If Star Wars was doing that good then why not have a movie in theaters every year instead of Disney going years without a movie in theaters.

  • @itsjen6817
    @itsjen6817 9 месяцев назад +14

    After watching the video, I understand why you dare Disney to respond. This is a bad ass video, VR.

  • @SumDumGy
    @SumDumGy 9 месяцев назад +17

    I question Star Wars even bringing in $12 billion in *revenue* since Iger bought it.

  • @The_Dead_Mans_Ghost
    @The_Dead_Mans_Ghost 9 месяцев назад +2

    So you finally figured it out. Yes fake revenue on one side and the expense on the other. You cannot pay yourself in accounting. The SEC in SAB number 99 specifically calls it out as a No-No. But still not everything.

  • @valentinafaina4032
    @valentinafaina4032 9 месяцев назад +14

    Thank you for the explanations. Pro made comments about this $12B figure, but not so comprehensive as yours. You're the best.

  • @garystrankman3841
    @garystrankman3841 9 месяцев назад +8

    I would have thought this type of accounting was made illegal after the Enron fiasco.

    • @paulboger3101
      @paulboger3101 9 месяцев назад

      Well, it appears not!!

    • @The_Dead_Mans_Ghost
      @The_Dead_Mans_Ghost 9 месяцев назад

      It depends on the company. Disney has so many people bribed. Add that to the name. If you're a crime ring the best place to be hiding is behind the name like Disney. Something that is trusted. No one would think that Disney could possibly be committing crimes and no one would have thought about a crime ring in there.

  • @stevepowden4560
    @stevepowden4560 9 месяцев назад +9

    One of the best breakdowns of phantom revenue and accounting, I've every listened to. Peltz should hire you as a spokesperson.

  • @gregorellis4767
    @gregorellis4767 9 месяцев назад +12

    These people at Disney have got to be petrified of getting audited.

  • @anvec6145
    @anvec6145 9 месяцев назад +6

    Disney giving such wonderful reasons to expand the scope of audits

  • @jaggin7561
    @jaggin7561 9 месяцев назад +43

    It was so dumb for Disney to put this out through news sites and accounts. It shows the ineptude of all those that believe it.

    • @CallmeScott67
      @CallmeScott67 9 месяцев назад +5

      And that is what Disney is counting on.

  • @shteebo
    @shteebo 9 месяцев назад +19

    This is closer to outright fraud than "presenting in the best light".

  • @McFrozenNuggets
    @McFrozenNuggets 9 месяцев назад +6

    Iger's been lying ever since 2005, so I'm not surprised. Maybe some Veritaserum from Severus Snape's potions store would get us the truth out of him.

  • @jameharris098
    @jameharris098 9 месяцев назад +7

    Well they know how to bullshit people how much did they lose with star wars hotel 😅😅😅

  • @schoolgyrl6
    @schoolgyrl6 9 месяцев назад +2

    You knew Valliant wasn’t gonna let Disney get away with those numbers lol 😂

  • @khyronkravshera7774
    @khyronkravshera7774 9 месяцев назад +7

    Accounting tricks. My dad was a CPA for Ford in the 60's. He helped run the real books on kickbacks, bribes, mafia payouts, hookers etc. His job was to keep track of that stuff but also find ways to disguse then as legitimate expenses. Easy, they created entire departments with hundreds of employees that existed almost entirely on paper. When you're talking about companies that big with that many people you can make the books say whatever you want them too.

    • @jd3138
      @jd3138 9 месяцев назад +3

      I appreciate your post, as it is something that I had not thought of. My dad worked for a company that specialized in guidance systems. When the original "Fun With Dick and Jane" came on TV, he said it was pretty accurate for all the shenanigans that defense contractors would pull in the late 1960's and early 1970's.... The only thing that was left out of the movie was money infusions by organized crime, and the creation of dummy corporations to sell to two sides in a conflict. Some of the corporations are still around today.

    • @khyronkravshera7774
      @khyronkravshera7774 9 месяцев назад

      @@jd3138 A lot of them are. My dad said he knew people that told him FedEx was started (1971) with help from the CIA to move assets/packages around quickly and with less suspicion. And my dad said back in the 60's it was cheaper to pay the mob than to deal with the teamster strikes, sabotage and theft that happened if they didn't. But they couldn't exactly tell the IRS that.

    • @The_Dead_Mans_Ghost
      @The_Dead_Mans_Ghost 9 месяцев назад +3

      Exactly. Remember that SEC whistleblower about 5 years ago tried to warn everyone about what was going on at Disney. The company said she was making complaints about coworkers. It was a huge collusion of people cooking the books. That's why it was so well covered. Variously levels inside massaging the numbers all the way up until the financials were done. The world was falling for it every year.

    • @khyronkravshera7774
      @khyronkravshera7774 9 месяцев назад

      @@The_Dead_Mans_Ghost I agree. And cooking the books like this took a lot of level. At Ford it meant listing cars as stolen from the lot, when they were really given to the Mob as bribes. Or claiming a construction project cost twice what it did and funneling the extra money into local zoning board members pockets. At Disney it would be the same thing. That's why the Reedy Creek thing is so huge. Disney was commiting massive criminal accounting there including decades of felonies by hundreds of employees.

  • @pacosith
    @pacosith 9 месяцев назад +21

    Here's Bob with the weather...

    • @sky0kast0
      @sky0kast0 9 месяцев назад +3

      We're all doomed and back to the news

    • @shadowbeast2276
      @shadowbeast2276 9 месяцев назад +6

      Weather Bob: "expect sunny skies all day, 80 degrees in the shade"
      (Person looks outside) Dark storm clouds, Heavy rain, flashflood warning on the radio

  • @thegray5730
    @thegray5730 9 месяцев назад +6

    When I saw that slide I knew it was BS, and hoped Valliant Renegade would pounce.

  • @ryanlucas3907
    @ryanlucas3907 9 месяцев назад +9

    lol, the fact that Disney is hiding their expenses is just funny. As anyone who runs a business knows, they know EXACTLY what their expenses were.

  • @IfBatmanHadAParrot
    @IfBatmanHadAParrot 9 месяцев назад +7

    One can only hope shareholders aren’t this gullible.

    • @bigtomboye
      @bigtomboye 9 месяцев назад

      Disney shareholders seem to masochists or fools 🤔

  • @quintussergius
    @quintussergius 9 месяцев назад +10

    The sad thing is, this is not the first time this has happened to Disney. When Eisner was on top the BOD became a disgrace because of the shareholder belief: "If the share price is good, then the BOD is doing everything right. QED."

  • @master2uall88
    @master2uall88 9 месяцев назад +6

    Well seeing as Disney spent over $300 million for Infinity war and over 700 million for in-game I can see how they would also lie about the money they spent or earned off of the Star Wars movies. 99% of people don't even know that they spent a billion dollars for Infinity war and endgame and when you tell them that they still don't believe it and say you're lying even though this channel right here showed everyone the receipts for Avengers Infinity war and endgame

  • @paulscattergood1651
    @paulscattergood1651 9 месяцев назад +22

    They'll never show real numbers. I blame Disney for woke. When they opened the doors with "don't say gay" it flooded in like the barbarians of Rome

  • @LaraA55
    @LaraA55 9 месяцев назад +19

    @Valliant Renegade What is so heartbreaking😔 about this is how badly damaged Star Wars is, by being at the bottom of the list, a once successful, hugely money making franchise that was a cultural phenomena . So many Star Wars fans have truly departed from the franchise.

    • @sky0kast0
      @sky0kast0 9 месяцев назад +5

      I for one am glad I didn't support rise of palpatine

    • @MikeSidious
      @MikeSidious 9 месяцев назад +3

      ​@@sky0kast0same here. I don't pay to watch fan fiction.

  • @jash6244
    @jash6244 9 месяцев назад +6

    Disney sounds like a bait and switch.

  • @Ulvetann
    @Ulvetann 9 месяцев назад +10

    Bob Iger omitting the real truth, Noo. He wouldn't sink so low, would he? 😅

  • @bdlarsen1225
    @bdlarsen1225 9 месяцев назад +9

    Why didnt they release a "plan" three+ years ago when the downward spiral began for Disney?

  • @bigjimtenbillion
    @bigjimtenbillion 9 месяцев назад +2

    Why isn't Leticia James investigating this🤣🤣🤣

  • @kevingebhard23
    @kevingebhard23 9 месяцев назад +6

    Excellent reporting and breakdown Valliant.

  • @aflinden555
    @aflinden555 9 месяцев назад +3

    I think you forgot about Ahsoka. And I can't blame you.

  • @michealbounds550
    @michealbounds550 9 месяцев назад +6

    How much is it costing Disney for all those toys gathering dust at Ollie's?

    • @eclipsehorse8693
      @eclipsehorse8693 9 месяцев назад

      wild wild idea here- are we sure Disney doesn't OWN Ollies, and it's just a Disney storehouse at this point?

  • @yidhus
    @yidhus 9 месяцев назад +3

    Auditing 101: Always (double) check the fine print.

  • @santiagoflores8950
    @santiagoflores8950 9 месяцев назад +6

    Fight on.....

  • @radix133
    @radix133 9 месяцев назад +17

    Disney Star Wars is an oxymoron.

  • @jeremymalinoff3822
    @jeremymalinoff3822 9 месяцев назад +11

    ray charles could look at the toy sales alone and see thats a load of BS

  • @QUEUK-j8i
    @QUEUK-j8i 9 месяцев назад +3

    😂 they must think ppl are stupid

  • @MorfsPrower
    @MorfsPrower 9 месяцев назад +2

    I love how you challenge Disney to refute you, because if they do, they will out themselves if they have to prove anything at all with physical proof of numbers. All they can do is lie and make claims without any proof whatsoever.

  • @ryeguy7471
    @ryeguy7471 9 месяцев назад +1

    The last time mainstream media reported SW was on shaky ground was when Lucas was doing the prequels. “Have they lost the magic?” Their recent slippage financially and culturally puts that to shame.👎

  • @DonLaRoche
    @DonLaRoche 9 месяцев назад +3

    Hollywood Accounting at it's best.

  • @Krhys1
    @Krhys1 9 месяцев назад +1

    Disney's plan for Shareholder's value creation? Really? I thought they were all in on stakeholder capitalism? Has Iger told all the stakeholders that he's betraying them again?

  • @douglasarthur2673
    @douglasarthur2673 9 месяцев назад

    There's lies. Damned lies. Then there's Disney !!!

  • @MrPingn
    @MrPingn 9 месяцев назад +3

    Spread the word folks. Maybe we can reach those shareholders.

  • @doughbafett
    @doughbafett 9 месяцев назад +3

    "Expected revenue"
    I'm old enough to remember when Enron booked future profits that were never gonna come to pass in order to prop up their stock price. How'd that work out?

  • @SkywalkerOne1977
    @SkywalkerOne1977 9 месяцев назад +3

    If the shareholders read the fine print, they will likely be pissed.

  • @gnarpow
    @gnarpow 9 месяцев назад +2

    5:00 - this is Enron “Mark to Marketing” accounting right there- good find! Ultra slippery slope

    • @The_Dead_Mans_Ghost
      @The_Dead_Mans_Ghost 9 месяцев назад

      Yes Mark to market. I listened to the video about Enron and I was surprised to see how much it sounded the same. However as far as this being a good find, yes it was when it was found quite a few years ago by the SEC whistleblower. Her name was Sandy Kuba. The Kuba family died trying to bring it out.

  • @Radioman-pv5np
    @Radioman-pv5np 9 месяцев назад +2

    Bravo. Excellent video. Quick question, if they have such a high ROI, then where are the shareholder dividends?

  • @sterlingjones1187
    @sterlingjones1187 9 месяцев назад +1

    Wow Valliant...you laid down the facts! I'm going to re-watch your video. Also I'm going to find that episode you did of the total cost of all the Disney Star Wars. Hopefully I'll find it.

  • @ch-ju4iw
    @ch-ju4iw 4 месяца назад

    so they are "making money " on the people who have disney subscriptions ? ........ which are down in numbers ....... and they still claim to be making money ? ....LOGIC SAYS ....NOPE

  • @josepablolunasanchez1283
    @josepablolunasanchez1283 9 месяцев назад +1

    What is needed is an independent audit, one that cannot be influenced by the audited.

  • @roywall8169
    @roywall8169 9 месяцев назад +2

    Keep telling the truth. 🙂

  • @kjyochum2840
    @kjyochum2840 9 месяцев назад

    WDW is packed. No one is staying away. They still require reservations, cast members are blocked out all the time, prices are ridiculous. But really, the Florida parks are packed.

  • @christiandupille3690
    @christiandupille3690 9 месяцев назад +8

    Bob's big whoppers

    • @eclipsehorse8693
      @eclipsehorse8693 9 месяцев назад

      and you thought the ones at Burger King were messy and hard to handle...

  • @jpsalazar706
    @jpsalazar706 9 месяцев назад +3

    Starting to sound more like Enron.

  • @nihongo-shoyo10
    @nihongo-shoyo10 9 месяцев назад +3

    Disney is ALWAYS cooking their books! It is normal for them and it is a disappointment tha the IRS is still is "overlooking" it!
    For normal companies that would have been consequences: CEO fired, do not relieve the board of directors, CEO, Bob Iger would be in jail for good! But not so with Disney. No Sir. I will never understand why mainstream media still defends Disney and such kind of manipulative people, which called themselves, Leader of one of the most evil ...... most biggest entertainment companies ever.
    Best thing would be if in the next month, in April, Nelson Peltz will take over leading the company in the right position back and Bob and all his incompetent friends will leave the company for good! Otherwise it wouldn´t be a great loss if Disney will be shut down once and for all!

    • @The_Dead_Mans_Ghost
      @The_Dead_Mans_Ghost 9 месяцев назад

      So true - the SEC and the Department of Justice were fully well aware of what was going on inside.That whistleblower had a lot of documents that proved everything. Those govt agencies actually made excuses for the company. They said it was all down at her level, but the documents clearly showed there were executives on them. It was the executives who were telling the guys down at her level to go after her. They actually passed the confidential emails that she had written to the President of the FL resort - they passed them down to even the lowest levels of finance. That woman didn't lie about any of it. Even the part where she said the one woman came to her desk screaming at her. A guy that's a couple cubicles away said it was disruptive and he had to put his headphones on. But two other things - their stories kept changing per their own documents.The last thing - the woman's cubicle was surrounded by glass - there was always an echo there. That would probably explain why it hurt her ears. But they got employees to lie - people who weren't even there. The woman who went to her desk screaming at her - she got her job. Paid for services rendered. And when they got her fired they sat around and laughed about it knowing that that woman's husband needed surgery right then but now had no medical insurance. The Whistleblower herself also developed severe medical issues due to the abuse and harassment for months.

  • @yesnickcarter
    @yesnickcarter 9 месяцев назад +1

    This isn’t just Disney. Or even entertainment. I’m pretty sure almost all big corporations have traded product innovation in for accounting innovation. If a company has the balls to lie through omission, the people running the company can pad their personal accounts while they dismantle their legacy. Are there any big companies out there who aren’t following this business model?

  • @primmakinsofis614
    @primmakinsofis614 9 месяцев назад +7

    Baghdad Bob Iger, acting just like the original Baghdad Bob. That is, lying constantly and outrageously.
    If there is any justice in this world, things would go as poorly for Iger as it did for Baghdad Bob.

    • @kirgan1000
      @kirgan1000 9 месяцев назад

      How? Baghdad Bob is doing better now then under Saddam, he make interviews and writes books??? and get payed for it. Baghdad Bob job description was to make propaganda (lies) But Igers job description is to make as much money as possible for the shareholders. One fail in there work....

    • @primmakinsofis614
      @primmakinsofis614 9 месяцев назад

      @@kirgan1000 I could have sworn Baghdad Bob was caught on the wrong side of a bomb during the war. I must have confused him with someone else.

  • @Dave_McKansas
    @Dave_McKansas 9 месяцев назад +1

    I'm curious about the total investments. $71B-FOX $7B-Pixar $8B-Marvel and Lucas. = $86 billion. With Operating Costs + Salaries, has Disney earned those investments back?
    My incomplete math says they would need averaging $4.8B/yr since 2006 to break even.

  • @moviesgalore9947
    @moviesgalore9947 9 месяцев назад

    They have Lost $100 Billion over the last 3 years. Their value has been cut in half.

  • @hexenhammer483
    @hexenhammer483 9 месяцев назад +5

    If they "made" 12 billion off 3 movies and 10 tv shows shows, why didn't they make more shows and make more money?

  • @angelmarcano6747
    @angelmarcano6747 9 месяцев назад +2

    Bob Iger is afraid if they get those two people on the board there is possibly a financial investigation on where the money is going, and I think that is one of his big worries cuz that could mean Federal involvement.

    • @The_Dead_Mans_Ghost
      @The_Dead_Mans_Ghost 9 месяцев назад

      The fact is it's already been reported all of it - even Reedy Creek. No one ever really saw what that whistleblower put out there to the SEC and the Department of Justice. Most people didn't even know that she had sat down with the Department of Justice and the SEC. Unfortunately there was a massive cover up by the government. They told her attorney to keep the whistleblowers separated, there was more than one, and to keep it quiet. They wanted it to die down so that no one would find out. Bribes everywhere. There were a lot of serious things in there that would hurt the investors in the taxpayers. On top of that, the media was covering it up. People who did posh stories on certain executives. The only way the government is going to look into anything is if Congress begins to ask what the Department of Justice and the SEC were doing. The only way Congress is going to get involved is if enough people find out and they start raising cain over it.

  • @user-gs4oi1fm4l
    @user-gs4oi1fm4l 8 месяцев назад

    From what I've been able to gather, no more than $1.2 billion of this $12 figure was profit from the movies themselves. Since blu ray sales are atrophying and disney itself has minimized its physical media strategy that means the vast majority of the remaining $10.8 billion is from merchandise sales.

  • @myrddrral
    @myrddrral 9 месяцев назад +1

    Disney is really good indeed at being creative ... with its accounting.

  • @Gundam4
    @Gundam4 9 месяцев назад +1

    What they been doing all these years hasn't made a cent. Star Wars has lost money a successful popular brand should not lose a cent. But somehow it did all because of vindictive woman with her own agenda

  • @mikkelnpetersen
    @mikkelnpetersen 9 месяцев назад +1

    They're twisting the numbers in ways that are kinda amazing, in a "I had no idea that was even remotely possible" kind of way.

    • @The_Dead_Mans_Ghost
      @The_Dead_Mans_Ghost 9 месяцев назад +1

      Had MarketWatch not deliberately messed up the story, people would have known and understood back in 2019 when the SEC whistleblower came out.

  • @josephnoneofyourbeeswax8517
    @josephnoneofyourbeeswax8517 9 месяцев назад +3

    Disney is no longer god, king and government of Orlando which also is a big hit to their pocket book.

  • @karanvirkooner1993
    @karanvirkooner1993 9 месяцев назад +1

    Fox is better off without Disney
    Disney shouldn’t have bought Fox from square one

  • @kolicgames4750
    @kolicgames4750 9 месяцев назад +1

    It honestly makes me wonder if they've attributing all Disney+ money to each property to make each one seem bigger.

  • @Intercaust
    @Intercaust 9 месяцев назад +1

    This is Enron level creative accounting.

  • @terenfro1975
    @terenfro1975 9 месяцев назад

    ENRON. Most of the SEC files now days are on that same level though.

  • @pokebreeder2517
    @pokebreeder2517 9 месяцев назад

    what is that music for your opening as its awesome!

  • @joehiggins6194
    @joehiggins6194 9 месяцев назад

    Making a pile of crap look like its a pile of straw! As hard as they try to no looking like a skinning ship the more people look and saw whats real numbers are!

  • @alaakela
    @alaakela 9 месяцев назад

    All corporations cook the books. No one cares as long as they are making profit and shareholders are happy. When they start losing the books are used to figure out who get how much of the leftovers.

    • @The_Dead_Mans_Ghost
      @The_Dead_Mans_Ghost 9 месяцев назад

      Exactly and they were being made to look like they were making money when in fact they were already losing it back in 2015 2016. But no one cared when The Whistleblower came out and tried to tell it even was that far back and then again in 2019 no one cared no one listened because as long as the stock price was up...

  • @nathansolo2605
    @nathansolo2605 9 месяцев назад +1

    Under no circumstances should a competent market regulator allow this deceptive and misleading conduct. Of course the US has the SEC so good luck...

    • @nathansolo2605
      @nathansolo2605 9 месяцев назад

      Perhaps the SEC's biggest get was Bud Fox and Gordon Gecko. Oh wait, that was a movie

    • @The_Dead_Mans_Ghost
      @The_Dead_Mans_Ghost 9 месяцев назад

      Yes the SEC and the Department of Justice should have looked into it back in 2017 and certainly in 2019 when Sandy Kuba brought it out

  • @LeePrice-r9u
    @LeePrice-r9u 9 месяцев назад

    You have to factor in the FOX purchase as well. Because FOX had the theater, TV, and DVD rights for Star Wars original trilogy.
    It's a major reason Iger overspent to get FOX.

  • @Frank-Discussion
    @Frank-Discussion 9 месяцев назад +8

    There are 6 Star Wars movies.
    They were made by George Lucas.
    The End.

  • @gags730
    @gags730 9 месяцев назад +1

    Investors LOVE assumptions... I hear they prefer them over hard cold factual numbers... LMAO

  • @roggie77777
    @roggie77777 9 месяцев назад

    I would send that document to the IRS and ask them to not only take a look at it but collect the taxes on those profits

    • @The_Dead_Mans_Ghost
      @The_Dead_Mans_Ghost 9 месяцев назад

      The SEC and Department of Justice should be looking at it

  • @futureshockxl
    @futureshockxl 9 месяцев назад

    Seems to me that they kinda forgot that there was some expense to making and marketing the films.

  • @theroyalmediator2658
    @theroyalmediator2658 9 месяцев назад

    I was looking forward to this video after I watched WDW Pro's video on this. Well done!😁

  • @Everescale
    @Everescale 9 месяцев назад +2

    This people are crazy for putting something like this out 😂

  • @rowluxillusion5235
    @rowluxillusion5235 9 месяцев назад

    why is the sound always out of sync ? It's just weird

  • @crimsonsplat
    @crimsonsplat 9 месяцев назад +1

    They're counting REVENUE. Not PROFIT. If I'm an investor, I want to know how much you added value to the company.

  • @bfish9700
    @bfish9700 9 месяцев назад

    Theres no way in hell, even from a flat revenue perspective. From a gross margin perspective, I'd be surprised if they have broken even after the purchase.

  • @jacksonletts3724
    @jacksonletts3724 9 месяцев назад

    Remember that Star Wars was bought in 2012 for 4 billion dollars.Between 2012 and 2023 the S&P 500 returned 330%. 100 dollars then would be 430 now.
    Even if we agree to everything Disney has said about their profit, it’s still not anything to be excited about. They would have made more just dumping it all into the stock market.
    When you consider they’re obviously manipulating the numbers…

    • @eddiebruv
      @eddiebruv 9 месяцев назад

      Lucas Film was bought for 4 billion, not Star Wars.

    • @jacksonletts3724
      @jacksonletts3724 9 месяцев назад

      @@eddiebruv Yes I am aware. I was simplifying to align with the video title and to align with the math done by the article the video is responding to.
      Ultimately it doesn't change my point if you say that they acquired Star Wars for less than 4 billion. Whatever they bought Star Wars for - presumably Disney has their own internal number - they're claiming a 290% profit over 12 years. That is less than the return of the stock market in that time span.

  • @Mosa685
    @Mosa685 9 месяцев назад +2

    You’re doing the Lord’s work brother

  • @DanTries-j7g
    @DanTries-j7g 9 месяцев назад +1

    Good anaysis VR. Thanks. DT

  • @madmardigen321
    @madmardigen321 9 месяцев назад +1

    Is misleading the share holders with bogus information a misappropriation of funds placed in one's trust or belonging to one's employer?