Elon Musk casually floats the idea of buying Disney
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Elon Musk casually floats the idea of buying Disney
Disney is in trouble. An actress last week filed a major sex-discrimination lawsuit against the 100-year-old movie studio with the financial backing of billionaire Elon Musk. Meanwhile, the South African-born entrepreneur was also seen in Los Angeles with Nelson Peltz, an activist investor eager to wrest the keys to the Magic Kingdom from CEO Bob Iger.
“I’m just here with friends, thinking about companies to acquire,” Mr. Musk said at the red-carpet premiere of “Lola,” which he attended with Mr. Peltz.
Mr. Peltz wants to buy The Walt Disney Co. because, in his view, the current management team is running the company into the ground. Even the prospect of a hostile takeover attempt hasn’t been enough to encourage Disney executives to change their ways.
Last week’s earnings report showed content sales and licensing revenue down 38% compared with the previous year. “The increase in operating loss was due to the performance of ‘The Marvels’ and ‘Wish’ in the current quarter,” the report explained.
Both movies bombed in large part because Disney rejected its family-friendly roots in favor of pushing more fashionable, left-wing storylines with its films. Its obsession with catering to the “woke” compelled the company to fire actor Gina Carano, a fan favorite in Disney’s “Mandalorian” television series, after she made a clumsy analogy in a tweet intended to encourage people of all political views to get along.
Her free thinking didn’t go over well in Burbank.
Ms. Carano’s lawsuit points to politically charged tweets from “Mandalorian” star Pedro Pascal, who is still employed, even though his posts compared Republicans to Nazis. California labor law forbids firing people over their political views.
While suits of this sort are typically settled out of court, Mr. Musk has the financial muscle to bring the complaint to trial.
That means Disney would be compelled to release relevant documents in the discovery process.
“They have been blatantly racist, sexist and censorious for years, which means there is a vast treasure trove of emails/texts/slack/etc.,” Mr. Musk tweeted.
As the owner of X, Mr. Musk has an interest in ensuring prominent users aren’t punished for engaging on his platform. He also developed a grudge against Mr. Iger after Disney pulled advertising from X once Mr. Musk ended the prior management’s policy of censoring conservative thought.
Beyond that, Mr. Musk loves comic books. He even had a cameo role in “Iron Man 2.” He is unhappy with where Mr. Iger’s team has taken the brand, blaming the recent crop of cinematic flops on “mandatory, institutionalized racism and sexism” at Disney.
Mr. Musk published documents purporting to show Disney’s “inclusion standards” allocating acting roles and other film project positions based on factors like skin color under the banner of diversity, equity and inclusion.
“No wonder most of their content produced over the past several years has sucked,” the billionaire tweeted. “Just trying to navigate the DEI minefield is going to crush the creative process!”
There’s a chance that the mischievous Mr. Musk wasn’t serious when he suggested he might boost the bid of Mr. Peltz to buy the iconic movie studio. But he would be doing a great service to the nation if he follows through.
https://www.washingtontimes.com/news/20 ... of-buying/
“I’m just here with friends, thinking about companies to acquire,” Mr. Musk said at the red-carpet premiere of “Lola,” which he attended with Mr. Peltz.
Mr. Peltz wants to buy The Walt Disney Co. because, in his view, the current management team is running the company into the ground. Even the prospect of a hostile takeover attempt hasn’t been enough to encourage Disney executives to change their ways.
Last week’s earnings report showed content sales and licensing revenue down 38% compared with the previous year. “The increase in operating loss was due to the performance of ‘The Marvels’ and ‘Wish’ in the current quarter,” the report explained.
Both movies bombed in large part because Disney rejected its family-friendly roots in favor of pushing more fashionable, left-wing storylines with its films. Its obsession with catering to the “woke” compelled the company to fire actor Gina Carano, a fan favorite in Disney’s “Mandalorian” television series, after she made a clumsy analogy in a tweet intended to encourage people of all political views to get along.
Her free thinking didn’t go over well in Burbank.
Ms. Carano’s lawsuit points to politically charged tweets from “Mandalorian” star Pedro Pascal, who is still employed, even though his posts compared Republicans to Nazis. California labor law forbids firing people over their political views.
While suits of this sort are typically settled out of court, Mr. Musk has the financial muscle to bring the complaint to trial.
That means Disney would be compelled to release relevant documents in the discovery process.
“They have been blatantly racist, sexist and censorious for years, which means there is a vast treasure trove of emails/texts/slack/etc.,” Mr. Musk tweeted.
As the owner of X, Mr. Musk has an interest in ensuring prominent users aren’t punished for engaging on his platform. He also developed a grudge against Mr. Iger after Disney pulled advertising from X once Mr. Musk ended the prior management’s policy of censoring conservative thought.
Beyond that, Mr. Musk loves comic books. He even had a cameo role in “Iron Man 2.” He is unhappy with where Mr. Iger’s team has taken the brand, blaming the recent crop of cinematic flops on “mandatory, institutionalized racism and sexism” at Disney.
Mr. Musk published documents purporting to show Disney’s “inclusion standards” allocating acting roles and other film project positions based on factors like skin color under the banner of diversity, equity and inclusion.
“No wonder most of their content produced over the past several years has sucked,” the billionaire tweeted. “Just trying to navigate the DEI minefield is going to crush the creative process!”
There’s a chance that the mischievous Mr. Musk wasn’t serious when he suggested he might boost the bid of Mr. Peltz to buy the iconic movie studio. But he would be doing a great service to the nation if he follows through.
https://www.washingtontimes.com/news/20 ... of-buying/
- elartman1973
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Re: Elon Musk casually floats the idea of buying Disney
It's not for sale
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Re: Elon Musk casually floats the idea of buying Disney
Twitter wasn't for sale you fat autismo lol
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Re: Elon Musk casually floats the idea of buying Disney
Twitter is air
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Re: Elon Musk casually floats the idea of buying Disney
elartman1973 wrote: ↑Wed Feb 14, 2024 9:57 amTwitter is air
Shocked that the immigrant laborer doesn't understand how publicly traded companies work lol
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Re: Elon Musk casually floats the idea of buying Disney
He can do a forced takeover. His personal net worth exceeds the entire value of the Disney brand.
If he does this, you better pack your bags. Cuba awaits
artman has big fat tits
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Re: Elon Musk casually floats the idea of buying Disney
He's gonna move WDW out of that tiny hamlet of Orlando to someplace way more profitable.
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Re: Elon Musk casually floats the idea of buying Disney
Cuban IQ lol
You never liked me, probably don't like me still, but a ***** liking me aint never paid my bills
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Re: Elon Musk casually floats the idea of buying Disney
Wrong again, fatso... "air" is what occupies the space between your ears.elartman1973 wrote: ↑Wed Feb 14, 2024 9:57 amTwitter is air
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Re: Elon Musk casually floats the idea of buying Disney
Bob iger needs to resign, he's destroying Disney with his forceful woke ideology that nobody wants.
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Re: Elon Musk casually floats the idea of buying Disney
Another topic over Artys head. Amazing
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Re: Elon Musk casually floats the idea of buying Disney
Great but impossibleHavlicekstealsit wrote: ↑Wed Feb 14, 2024 10:20 am He's gonna move WDW out of that tiny hamlet of Orlando to someplace way more profitable.
"I'm drivin Caddy, you fixin a FORD"
Re: Elon Musk casually floats the idea of buying Disney
Magic might have to change their name?
- elartman1973
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Re: Elon Musk casually floats the idea of buying Disney
Bro, you're addicted to fucking podcasts. You don't even know how to think for yourself anymore much less nmbegin to have any form of credibility
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Re: Elon Musk casually floats the idea of buying Disney
elartman1973 wrote: ↑Wed Feb 14, 2024 12:48 pmBro, you're addicted to fucking podcasts. You don't even know how to think for yourself anymore much less nmbegin to have any form of credibility
I don't listen to any podcasts but why would you need to in order to understand how publicly traded companies work? You would think that you would have at least a basic, elementary understanding of business if only from overhearing your superiors conversations throughout your many years of manual labor. But alas.
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Re: Elon Musk casually floats the idea of buying Disney
How do you not even have a spark of curiosity when you hear the words "hostile takeover', even if you don't know what the phrase means?
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Re: Elon Musk casually floats the idea of buying Disney
Bro, you're addicted to fucking podcasts. You don't even know how to think for yourself anymore much less nmbegin to have any form of credibilitykobeunderbite wrote: ↑Wed Feb 14, 2024 1:01 pmelartman1973 wrote: ↑Wed Feb 14, 2024 12:48 pmBro, you're addicted to fucking podcasts. You don't even know how to think for yourself anymore much less nmbegin to have any form of credibility
I don't listen to any podcasts but why would you need to in order to understand how publicly traded companies work? You would think that you would have at least a basic, elementary understanding of business if only from overhearing your superiors conversations throughout your many years of manual labor. But alas.
"I'm drivin Caddy, you fixin a FORD"
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Re: Elon Musk casually floats the idea of buying Disney
Lol..pawnsBush4Ever. wrote: ↑Wed Feb 14, 2024 1:40 pm How do you not even have a spark of curiosity when you hear the words "hostile takeover', even if you don't know what the phrase means?
"I'm drivin Caddy, you fixin a FORD"
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Re: Elon Musk casually floats the idea of buying Disney
Think of a hostile takeover like Castro grabbing your family by the neck and throwing them out of the country and taking all their shit.
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Re: Elon Musk casually floats the idea of buying Disney
Dude. I'm not confused or stupid. I know what's up. Your autism blocks you from recognition of humor and seriousnessBush4Ever. wrote: ↑Wed Feb 14, 2024 2:02 pmThink of a hostile takeover like Castro grabbing your family by the neck and throwing them out of the country and taking all their shit.
And castro did nothing of the kind
Jfc
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