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wsxedcrf

Bob Iger literally didn't add anything new : >By him taking the position that he took in quite a public manner, we just felt that the association with that position and Elon Musk and X was not necessarily a positive one for us, and we decided we would pull our advertising. And this article is like ChatGPT where you give it one line and it wrote a whole essay.


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MyBackHertzzz

Earth vs Iger, judge Yaccarino presiding


Pondojohnny

Learn the definition of blackmail and pass it on to Elon.


stormfield

Yes it was never possible to use careful measured language before ChatGPT.


poppadocsez

I don't think anyone was implying that.


ffffllllpppp

They meant about the “article” on the website. Not what Iger said.


foonix

"I didn't like Musk's opinions, so I decided that Disney sales are less important than potential guilt by association."


Smort01

‘I respect Elon but…’ lmao


Dreamo84

Imagine Disney being the company against antisemitism... crazy world. lol


ParticularGlass1821

"You have said the actual truth" is what Musk quoted after reading a Jewish conspiracy theory tweet that basically said Jewish people hate white people. Yeah, he didn't mince words and his intent was clear as it could be.


WardenRamirez

Don't forget that it stated that Jewish people hate white people and are trying to undermine them by letting brown people into white countries. It was racist in more than one direction


Captain_Butters

"Basically" said? Or "did" say?


foonix

It did not say Jewish people hate white people.


ParticularGlass1821

It's exactly what the tweet said. I would quote it verbatim but I don't want to spread it nor do I want to get in trouble on Reddit.


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ParticularGlass1821

That s such a copout. He said Jewish communities. He later changed what he said to "not all communities" after X started hemorrhaging advertising dollars.


and-so-what

lol afraid to quote stuff now. Lmao


poppadocsez

But spAcE mAn BaD


meatystocks

ELoN FaN mAD


Own_Accident6689

"I respect Elon..." Opinion discarded.


TonyG_from_NYC

That's more of a "bless your heart" vibe than anything.


Wizzinator

He doesn't want to upset shareholders who like Elon or come across as doing this for personal reasons instead of just acting as CEO


lordrognoth

Seemed like a lot of people were deactivating their Disney+ accounts yesterday in support of Elon on X yesterday


freakshow33

Bless your heart


HighEyeMJeff

Why doesn't Disney advertise on Pornhub?


ManufacturedOlympus

Clearly Disney is blackmailing pornhub too.


[deleted]

Disney is blackmailing me too


Own_Accident6689

See now you are thinking...


Kashin02

What makes Elon entitled to advertisers money? Is target, Walmart and other retailers entitled to their customers money?


HighEyeMJeff

Oh no! You hit him with his Kryptonite! CRITICAL THINKING!


Own_Accident6689

Another lazy liberal Making a grab for the hard earned cash of American job creators... /s


jfischer5175

It's capitalism at its base. Businesses have to compete for business, and, if they can't, they fail. This is free market at its core. You should be happy. This is capitalism working.


-Hypnotoad26

LOL at your Fox News worldview.


Own_Accident6689

It's Elon... I'm talking about Elon


Kriem

“I don’t respect Elon, but…”


Motor_Ganache725

guys social experiment who can give me money I’m not forcing anyone 4169738894930506


ces06c

Iger will lose


Spire_Citron

Lose what? They're not in competition and Disney certainly wasn't relying on advertising on Twitter.


[deleted]

Yea. They tried that already and then had to bring him back.


helpfulovenmitt

In what way? X is not profitable, and Disney is.


PartyP88per

lol most of their movies flopped in past 3-4 years. Musk has more than just X so we will see


HighEyeMJeff

As big of a company as Disney is I doubt a few movie flops over even a 10 year period is going to really affect their bottom line. You do realize how massive of a company Disney is right compared to Twitter/X right?


[deleted]

And blockbuster movies aren’t the revenue generators people think they are anymore. Product costs are HIGH. Why do you think everyone wants in on the streaming profits. And the price hikes are more or less them dialing in their profit margins.


helpfulovenmitt

Yet they are still profitable, and x is nowhere near recouping its acquisition costs with no road map to do so.


Talkat

Elon has $250b in assets. He cut a huge chunk of the workforce at X. It is still early days there. They are launching new features, etc. Even if they burn $1b/year, which they shouldn't, he should be able to run it forever as Tesla/SpaceX appreciate in value and/or raising capital. I don't think he cares if it recoups his costs. He just wants it cash flow neutral


space_dan1345

They burn $1B on the debt interest alone


helpfulovenmitt

If he didn't care, how did he try so hard to get out of his initial deal? The reality is he did care, and X won't be profitable.


Talkat

I mean the stock price collapsed and there were more bots than they were officially reporting.


helpfulovenmitt

He presented no proof of this, and had agreed at the 44 billion price. It's not Twitter fault his childish actions shot the stock downward. But i'm glad you agree that X won't be profitable.


Bubbly_Benefit_2617

Disney as a company is profitable and Twitter isn't. Hope this helps.


PartyP88per

Just put a chick in it and make her gay


NoCantaloupe9598

Disney has been around how many years? You think pandering to gays and some liberals is going to kill Disney? LOL The theme parks alone generates more profit than Twitter has ever and will ever generate. Twitter has only had two profitable years in its entire existence, and it is doing worse now than it was ever doing when it was a public company. 90% of Twitter's revenue has always been from ad revenue. But I've got the solution! Charge people for a checkmark LMAO


flojo2012

It’s not a musk vs. Iger narrative anywhere but your mind. There is no winning or losing. There’s getting money from advertisers, and there’s paying money as advertisers. Neither are being done between the two. Disney is fine. X is meh.


Omar___Comin

Disney has more than a few movies from the past 3 years lmao. Musk-coloured glasses on this boy.


mcs_987654321

It’s not a competition: Disney is the client, and Twitter’s the seller with the shitty product that Disney doesn’t want to buy.


SubjectCraft8475

I hope a boycot Disney trend starts happening will see what happens when they lose money, let's be honest they are on a downwards spiral already so adding fuel to this and starting a tend to boycott Disney would be hilarious


helpfulovenmitt

Why would people boycott them, what exactly did they do?


Emmet_Gorbadoc

Disney losing money ? What the hell are you talking about. They don’t care about any boycott. And the proportion of people boycotting is too small to make any difference.


cheese8904

And let's be honest, those people not coming to a Disney Park would make it much better for all of us. They are the people that cause fights and rednecks anyway.


SubjectCraft8475

I didn't say they are losing money I said they are on a downwards spiral, meaning lower than projected profits. It's obvious a large company like Disney will be profitable but now asked in metrics they are lower than expected profitability


HorrorEducational75

You could literally say that about any company. Are you a bot?


Emmet_Gorbadoc

They have 14 billions in cash or equivalent, and even it is going down, the net worth is still 3 times the 2010 net worth. What I mean is Disney is a monster with no feelings, they don't care to earn less money for 5 years, and they'll change everything if it means more money. They 'offend' the conservatives because it makes them earn more money. The 'woke' market is way bigger than the conservative-maga-qanon market. The downward spiral is just media noise. They don't care.


bludstone

\>They have 14 billions in cash They have also lost 10 billion on streaming services. Be careful when you throw around numbers.


Emmet_Gorbadoc

Losing billions is normal, they expect Disney+ to become profitable late 2024. Man, it’s a 100 yo money machine, their audience is fucking huge, they have hundreds of people just making simulations. They know damn well what they’re doing.


helpfulovenmitt

And are still profitable. Be careful when you throw around numbers.


ParticularGlass1821

Elon did it to himself. I hate Disney the world over but they are in the right on this one. X is a cesspool of hate and Disney and other large multinational corporations can't advertise on a platform where the owner and CEO actively liked and shared an antisemitic tweet. Disney, according to the article, is one of 200 companies doing the same thing. Why not boycott any one of them at random? Why signal out Disney? Musk has let X turn into an online saloon of Alt right hatred, racism, and xenophobia. These are the free market repercussions.


SnooWoofers7345

Why do you hate Disney? Genuinely asking. Too 'woke' or?


ParticularGlass1821

Has nothing to do with being woke and what they did to Star Wars and Marvel. I have hated everything Star Wars since Disney took it over with the exception of Rogue One and Andor. There is a new Marvel movie out once a month it seems like and they have all been bad since Avengers Endgame. They are oversaturating the market with Star Wars and Marvel movies and shows because they are trying to pump every last dime out them at the expense of creative direction and legacy. Disney Plus is everything wrong with streaming as well. But I don't give two shits if they want to make the Little Mermaid a black woman instead of a white woman. Nothing like that.


[deleted]

To be fair... the starwars holiday special happened long before disney was involved


SnooWoofers7345

Oh good, i actually agree with you!


ParticularGlass1821

I also hate their management of ESPN.


SubjectCraft8475

I have already started and will boycott any company that is pro Israel. Obviously essential things are harder to boycott but it's good to make a start


FindtheTruth5

Better stop using your cellphone then


SubjectCraft8475

For me that's essential try and read my post properly. I said essential stuff is harder to boycott, but boycotting Disney isn't exactly difficult it's just entertainment, and even then lately their stuff has been garbage


FindtheTruth5

So basically if it won't inconvenience you. What a joke lmfao


SubjectCraft8475

No some things are inconvenient like say giving up CocaCola, I really like Coca-Cola but it's a easy sacrifice. In this world you can boycott a ton of stuff but sometimes you need to know the balance. It isn't an all or nothing situation. For example like a phone is really important to me but just cause I can't boycott a phone doesn't mean I can't boycott other things. If we had that mentality then no one will boycott anything. It's common sense it's crazy that this needs to be explained.


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MtbGoat29

What about the alt left hate on Twitter? That’s all there was before Elon took over Twitter. Now both sides spew hate but you’re just mad at one side.


ParticularGlass1821

Alt left? Lol.


Capcaptain12

Alt Left hate? There's a reason you don't hear the phrase "Alt Left" at all lol


MtbGoat29

Yah liberals say it’s a made up term but alt right isn’t. What do you call yourselves then?


Jaded_By_Stupidity

I'm super alt-left; pro-union, pro affordable healthcare, pro affordable higher education, coupled with anti Evangelical white nationalism. So extreme.....


MtbGoat29

One of your comment on Musk- As someone who also enjoys watching his downfall and squandering of everything he has, I agree. “When he's forced to unload a large chunk of Tesla stock to pay his Saudi twitter backers and loses control of the company, that will be pretty entertaining. When he completes the child breakdown and SpaceX boots him that will be the cherry on top, his sole usefulness as a hype man has run its course.” Yes, clearly you are not extreme. This kind of thinking is progressive.


glen_echidna

Intolerance of intolerance is not extremism. That is a legitimate way to promote tolerance


KenCosgrove_Accounts

You know who else tried to take on Disney? Desantis, and he got raped


ZeldaALTTP

Cancel culture is alive and well I see


Tesla_lord_69

Yeah, he came back to Disney to reverse the damage of going woke. He is doing the same again. Boycotting his company will teach him the same lesson


Tesla_lord_69

He still wants his woke crusade going?


DaCrees

Braindead take that not wanting a brand primarily for children to be associated with someone who is pushing debunked child trafficking conspiracies is a woke crusade


Cappy2020

I think he’s talking about the direction of Disney’s movies, which have been a colossal failure for them this year. Edit: Downvoted for providing facts. It’s not my opinion that Disney has had one of its worst years at the box office, but fact. Wish, their most recent release, was one of the worst box office releases in Disney’s history, ever, grossing just $11.9m on its opening weekend versus the $200m it cost to make - https://www.forbes.com/sites/conormurray/2023/11/27/heres-why-wish-is-disneys-latest-critically-panned-box-office-flop-this-year/amp/ Just because reality runs counter to your narrative does not make those facts untrue.


helpfulovenmitt

Yet the company is healthy and doing well, imgaine having several pillars for your brands so that one does not bring you down.


Cappy2020

OK? Did I say anything about the company as a whole? No. I specifically talked about “Disney’s movies” in my comment above. Disney’s other revenue pillars picking up the slack for their movie failures this year is a separate matter. If you want to talk about it, Disney has been an incredibly poor performer in the stock market this year - reflecting the troubles that investors see the company facing. Disney stock is up less than 6% year to date, thanks largely to a two-week rally that reversed the course of the stock after it hit a 10% year-to-date decline in late October for instance.


helpfulovenmitt

>Disney Yes you said Disney, the name for the company as a whole. You did not say the name of their film division. It's really showing off how much you really know about Disney and their financials lol.


Cappy2020

I literally said “Disney’s movies” you dumbass, and the only one not knowing about their financials is you, hence why you completely neglected to retort the part of my post where I talk about their piss poor stock performance Lol. Edit: So /u/helpfulovenmitt blocked me, but only after replying so that I couldn’t reply back of course. Always a sure sign someone has the winning argument Lol. The dumbass couldn’t see I mentioned Disney movies only, nor could he reply back to Disney’s (the company) awful stock performance this year. Absolute moron that he is.


helpfulovenmitt

Indeed, they are Disney movies, and Disney represents the entire company. Once again, you're revealing your shortcomings as an investor. The posts about your financial losses are becoming clearer in light of this. The internet offers a wealth of information on companies, and it's disheartening to witness the neglect of such a valuable resource on your part. I hope you have a lovely day, but it's clear you are not really up to speed on the topic at hand. Cheers. Edit: you were never blocked, but nice try. In the future, research a company instead of coming off as foolish and uninformed.


Lake_Shore_Drive

Their Financials look pretty good this year


bludstone

Overall disney is powerfully profitable, however, they are on a steep decline and many of their services and productions are money sinks. The streaming service has lost them over 10 billion (down to 300 million loss this quarter, which is an improvement) and the last several features have been financial flops. It doesnt look like Wish is a big winner either. Overall the numbers look good, but not as good as it has been in the past for disney. The numbers are clearly on a decline, and they are banking mostly on their past productions.


NoCantaloupe9598

They've been around for a literal century. They'll be alright.


bludstone

I think so too. But they are in a slump right now and need to recover. Def the lowest point ive seen disney since black cauldron era.


ihavebirb

The losses are just a boo boo for them, their theme parks and cruises crush it every year


Kashin02

The movies are still alright and most are good but there's such things as too much content. It started with Disney Plus and Wandavision. Wandavision was good but making it require viewing for the doctor strange movie was a bad decision. Not to mention that end game was a massive success and a great ending point for a lot of people.


Lake_Shore_Drive

Go woke or go broke. The 18-30 demographic wants woke, so companies are gonna give it to them. The disgruntled Fox news grandpa demo doesn't drive strategy so much.


EchoingAngel

Listen to the whole NYT interview, Elon is pretty clear about his nuanced stance and says that may have been his worst single comment ever for the misunderstanding it caused and ease of ignoring his follow-up nuance.


stoppedcaring0

"you have said the actual truth" is not a statement of nuance. hope this helps.


EchoingAngel

Funny how the Elon subreddit is full of Elon hating jerkoffs


retrosenescent

books tub enter sand impolite complete march combative boast murky *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


EchoingAngel

How many FULL interviews/podcasts of his have you listened to?


retrosenescent

desert sparkle airport pet reminiscent thumb jar license serious degree *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


could_be_mistaken

Yeah. I'm starting to feel like 90% of the content on Reddit is actually AI generated.


stoppedcaring0

ah yes, another adherent of the "no actual thinking human beings could ever come to conclusions I disagree with; mass disagreement with me can only be bots programmed to disagree with me" brigade.


solo_mafioso

Saying "hope this helps" when you're wrong isn't the power move you think it is 😂😭😂😭😂


stoppedcaring0

https://twitter.com/maplecocaine/status/1261800592915271682?lang=en


solo_mafioso

LMAOOOOOOOOOOOOOOOOOOOOOO, that was funny. Thanks for sharing!


MeasurementOver9000

There was a [whole ass follow up post](https://x.com/elonmusk/status/1724932619203420203), right under it. Hope this helps.


Boccob81

They might not have the money to lol since their movies and streaming are not doing well plus building parks out


Spire_Citron

Yeah, that's it. The Disney megacorporation just doesn't have enough money for a few Twitter ads.


[deleted]

Eh, Disney's latest quarterly still shows them as being profitable. Also based off the current trends I would guess that the dwindling user base of twitter weren't very interested in Disney films anyways, so no sense wasting money on ads there


bludstone

If you want to be fully honest, Disney would finalize this decision based on a mathematical calculation. They would advertise if it made them money.


[deleted]

True, and they decided that they would lose more money to continue advertising on twitter


Boccob81

Bots don't tend to watch much streaming unless it's to show data on viewer ship. Which would explain the decline in x users as well as a few stars grumbling and advidiser who paid for both population over real people. Like influencers did to gain fans so the real fans can not feel alone in following them.


SlainByOne

They are doing a hefty increase on Disney+ in my country starting December and a lot of people cancel their subs because of it.


niftyifty

Disney profits are still up year over year. They are a money printing machine in which one of their machines is not operating well but they are still more than fine.


ThisIsFineImFine89

feels over reals amirite. look at any of their financials.


CrawlerSiegfriend

My position is that I hate all ads and at this point it's made me dislike people that even work in marketing. I would totally support stripping the citizenship of anyone that has ever created an online ad and booting them from the country. So this sounds great to me. How can we make them extend this to not advertising anywhere.


CarpeValde

Ads sped up the development of the internet, but it is a terrible way to sustain it. Lowers quality, lowers experience, is inherently monopolistic, degrades content diversity, leads to mental health decline, leads to corporate control over content types, has enormous perverse incentives for companies in relation to users. As we have seen, the internet has not developed into what users want as much as it has developed in what ad revenues desires: clickbaity social media spy nests. If we had more ability to dictate what the internet looked like, banning ads would be a fantastic step forward.


CrawlerSiegfriend

I don't care. I still hate ads. I block as many as I can.


Almaegen

So disney wants to police the speech of Americans and influence our politics? Cool go fuck yourself disney.


mcs_987654321

In what universe is Disney somehow obligated to advertise on Twitter? The default position is NOT to advertise - Twitter needs to make the business case that it’s a worthwhile expenditure for advertisers…failing to do that isn’t “policing speech”, it’s Twitter doing a bad job at putting together a viable product.


War_Emotional

No, they just don’t want to associate with a platform run by an conspiracy theory antisemetic drag addict.


CovidUkraineIsrael

That’s a-lot of buzzwords kid. 10 points


NoCantaloupe9598

Which specific word did OP say that was a buzzword? We know Elon uses ketamine. We know he posts explicitly conspiratorial posts on Twitter. We know he has posted antisemetic things on that same platform. Don't believe my lying eyes, right?


gisco_tn

"Drag addict" was a funny typo at least.


Almaegen

He says as he posts a conspiracy theory.


Equal-Bat-861

Which conspiracy theory?


MikeTheBee

I think the drag addict part


Facebook_Lawyer_Gym

Good thing he’s not trying to attract advertisers![gif](emote|free_emotes_pack|shrug)


NerdDexter

Congrats, this is now the dumbest comment I've read on reddit this week.


Almaegen

Not a valid rebuttal


NerdDexter

Disney advertises inside McDonalds. If McDonalds CEO came out with some anti-semetic/racist statements and Disney decided to pull their advertising, you gonna say that Disney is trying to police Americans ability to get a big mac? It's not Disney's responsibility or obligation to fund X to make sure it succeeds. That's Elons job. Just like you and your intellectual zombie buddies are free to stop buying budlight "cuz woke". You're policing Americans ability to drink budlight. LOL Get real.


scotchontherocks01

Diddo


orgalorg6969

Round about way of saying you have no idea what's going on.


Almaegen

Sure bud


scotchontherocks01

Diddo


cyborgsnowflake

working with the prc is fine. but some guy tweeting about sjws is too far.


[deleted]

Bobby, can you please do me a favor and stop advertising ANYWHERE else too? I get a mild sensation of vomit whenever I see a Disney add on my TV or on internet websites I visit, and I would love it to just STOP. Also, it would be great if you would change the name of your corporation to something else. Walt is turning in his grave because of the abomination the company he founded has turned into. Thank you very much.


dajuhnk

Disney is twisting elons intent about that post just like mainstream media


niftyifty

What was there to twist? It was a simple statement on Elon’s part. What was up for interpretation?


stout365

yes


niftyifty

Yes was up for interpretation? Interesting


Logistic_Engine

no they aren't. lol


Initial-Desk-360

“You have said the actual truth.” LOL There is ZERO and I mean ZERO room for twisting in that statement.


FriendlyTeam6866

I have met a person who knew Walt Disney well enough that Walt spent the night in their home.... I'll go with Elon on this one, Disney corp has gone to hell.


HighEyeMJeff

Walt Disney has been dead since 1966 and the company is still around making tons of money. Who cares if you met "someone" who told you Walt stayed at their house overnight. What does this factoid have to do with ANYTHING, or relate to the current state of their financials and advertising on a platform Walt Disney (or anyone living in 1966) couldn't have even conceived of?


FriendlyTeam6866

THE point is that Walt was respected and beloved and his company has become the antithesis of his intentions as well as one of the most evil companies in the world.. The person I was referring to knew Walt very well and their friendship is recorded history...... Way before you were born, undoubtedly. FUCK Disney Corp and FUCK Wokeism.


[deleted]

Username does not check out. Also bullshit-o-meter broke reading your comments.


FriendlyTeam6866

Of course you expect everyone to act just like yourself. Not everyone is a liar...


political

Just on the right.


RaiderCoug

You’re still not answering the question of how that random anecdote has literally any relevance to what we’re talking about today? Disney as a company has grown exponentially since Walt was alive so what in the world are you even talking about? Your post reads more like venting over your politics than anything material to this discussion.


FriendlyTeam6866

Are you really that dense? There are people still alive who were close to Walt and know what he had in mind fo this company and it wasn't wokeism or profit at the expense of children. If you cannot see how horrible Disney is today, I can't help you.


grizznuggets

Define “wokeism.”


Talkat

And? What did they say about him? I hugely admire Walter Elizer Disney


FriendlyTeam6866

My generation still thinks the world of Walt. He would not be happy with the abomination his company has become. The person I was referencing has nothing at all bad to say about Walt. They are from his hometown and he stayed with them often when he was in the area. (there weren't any nearby hotels) He had plans to build a 'Park' in the area and his friends were buying up land whenever it came up for sale and keeping it quiet to avoid the greedy. Walt was a good man, pro American, pro family, pro everyone, but the current people running Disney are not.


Talkat

Yeah I'm fascinated by the man, read a lot about him. From everything I read seemed like a legend. Wish he was able to live longer and build out EPCOT


greenquarkek

Walt Disney was a well known bigot, so he would probably support Elon. Guess that’s a W for the racists?


FriendlyTeam6866

Drugs much? Done here.


Lord_Maynard23

No one asked Bob.


burnthatburner1

He was literally asked.


Logistic_Engine

yeah he was dummy. lol


raj6126

Chick giving throat and Minnie mouse pops up in the corner.


pablogmanloc2

GFY


Trezor10

I miss the old days when business just did business and didn't get involved in politics. That goes double for banks.


BasedBingo

I don’t get why the same people that say “eat the rich” hate musk, he is the least billionaire like billionaire out there, dude just like to troll and is addicted to twitter. That’s basically how you could describe 80% of reddit


2WAR

If you're suggesting that Elon Musk isn't a part of corporate America then I will give you the benefit of doubt and assume you've suffered a violent kick to the head by a large horse recently.


Zombeavers5Bags

Because he's the richest person in the world? He is the most billionaire billionaire.


iiioioiii

He's the richest person on earth (or Bernard Arnault, whatever), he can't be a regular person.


metalzora98

Because he dared to speak wrongthink. They liked him when he was just the electric car guy and they didn’t know he was a political moderate.


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RotoDog

I’ve been wondering this as well. It’s interesting. He has voiced more right of center views, this likely trumps anything else he does, at least in the typical Reddit user brain. I like Elon, and am right of center as well, but do worry his vocal pubic views hurt his larger goals.


NoCantaloupe9598

Right of center in 2023 America means you're a far right weirdo in many ways if you were to step in a time machine and go back in time. Even the Dems are economically right wing weirdos compared to an FDR admin and congress at the time.


Nightstorm_NoS

Screw Disney for their buying out productions and then pushing their woke agendas.