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DIS - Disney


Guest Schwab711

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DIS to Berkshire is like James Harden to Michael Jordan - very different ;)

Disney has a badass beard?  ;D

And doesn't play defense?

 

Best defense = Great offense

 

This guy knew that:

 

https://en.wikipedia.org/wiki/Vince_McMahon

 

https://www.forbes.com/sites/kurtbadenhausen/2016/04/03/vince-mcmahon-is-a-billionaire-again-after-wwe-stock-run-up/#47ab38881714

 

Ultimately his OTT move did OK & WWE is still viable.

He didn't have world renowned theme parks.

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I love Disney and have a small position in it.  I would like to increase my holdings of it.

 

What I can't get passed is the tremendous debt load it has, particularly after the Fox acquisition.  Anyone else share these concerns?  Or is it that their business is 'just that good' that a few blockbusters like the Black Panther will fix all that.

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What I can't get passed is the tremendous debt load it has, particularly after the Fox acquisition.  Anyone else share these concerns?  Or is it that their business is 'just that good' that a few blockbusters like the Black Panther will fix all that.

 

Moody's says debt will only be 3x EBITDA after the acquisition? Doesn't seem like a problem.

 

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Where do you get that Disney cares about this?

 

This part of the article,

 

"Part of that compact has expired, however, and the Tribe can legally stop paying the state. That led lawmakers to look at options to preserve the compact payments while expanding gambling in other areas, but the Tribe pledged to continue the payments earlier this month.

 

Also, a looming constitutional amendment on the November ballot helped push lawmakers to the negotiating table. Walt Disney Co. and the Tribe are supporting a measure that would place all future decisions to expand gambling in the state in the hands of the voters rather than the Legislature."

 

Does Disney have gambling interests?

If so, I was unaware.

 

--- edit ---

 

An interesting slant from 2013,

 

https://www.nytimes.com/2013/10/27/us/gambling-debate-entangles-disney-in-florida.html

 

-

 

It kind of seems like Disney wants to help the Tribe be THE powerhouse and limit overall gambling in the state, which I'd be OK with.

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Disney probably doesn't want competition for tourist dollars. Orlando would be a logical market for a destination casino, and they want the tourist dollars to come to them not a casino.

 

Although part of it must be a reputational/ethical thing, because their cruise ships don't have casinos, which is unprecedented in the industry, and a place where they don't face competition.

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Disney probably doesn't want competition for tourist dollars. Orlando would be a logical market for a destination casino, and they want the tourist dollars to come to them not a casino.

 

Although part of it must be a reputational/ethical thing, because their cruise ships don't have casinos, which is unprecedented in the industry, and a place where they don't face competition.

 

Ahhh! Now I get it.

They're not doing it for any kind of fairy tale morality malarkey.

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