the cuts will end up being around 600 to 650 which is 1/3 the current US workforce. I am not including Asian numbers because the costs are vastly lower. They have also cut out key upper execs, producers and directors AT GLENDALE. Dont get more real than that.
You don't know what you're talking about. When this is done 1/3 of the US staff of DW will have lost their jobs. Roughly half their Directors and Producers are gone, and many high-level key executives are gone. The studio in N. CA is shut down after 35 years. This restructure is bigger than all other DWA restructures and layoffs combined.
I can tell you this round is real. Top level producers, directors and executives are gone. General artists were hit the worst, of course.
Did ok? The last Madagascar film did 3/4 of a billion dollars. I'd say that is the one franchise they are doing right.
Because the price shouldn't have been up there in the first place? What this board doesn't seem to understand is Isoray cannot sell at a retail level until they perform some costly and time consuming trials; they can ONLY make money selling for R&D purposes and that limits the immediate potential.
Too bad you are a liar. The top ten holdings are all hovering around their 52 weeks lows, and most have single-digit p/e ratios.
This was Ann Daly's baby to make Penguins 100% in India, so that studio could be bonafide and have some kind of tangible value. I think the work spilled over to the states at the end, but if you check out the credits it was clearly based in India. So how could it have cost $135m???
I still don't know how Penguins cost the same as Dragons 2. One was made almost entirely in India, and one was made almost entirely in CA.
I'm not sure how they could have possibly spent $130m to make Penguins. It was supposed to have been made entirely in India, where salaries are probably 1/8 of CA salaries.
I was lucky enough to see an advance screening. The movie is fun and manic just like the Madagascar movies. Lots and lots of jokes but not much story. It felt like it was on the cheaper end of DWA films, but I think it will do well. The audience seemed to enjoy it, and my kids want to see it again. In fact - I'd rather see it again than read another Forbes article.
By your own numbers (which are correct) - he made a NICKLE A SHARE. That is $20k. I believe that pays his property taxes for 2 weeks. If you care to actually look it up - every Sept 29 going back a decade there is an automatic sale. You think a CEO and billionaire is going to risk an SEC investigation over $20k???
Look whats gone on under the hood at DW in the past 2 years: new distribution deals with Fox and the giant Chinese firm; fire 25% of the workforce; hire 2 dozen new "leaders"; get into internet space; get into tech space; a bunch of Netflix deals; shows, themeparks; giant Chinese factories. IMO these are cosmetic changes designed to sweep a suitor off her feet. If this deal doesn't happen another one will, and soon.
I do think there is something to these rumors; in short, what choice does DWA really have? When times were good the stock market still beat them up over the lumpy earnings. Even if ticket sales don't improve much the growing library has enormous (future) value. I actually think this is a fairly brilliant idea for Hasbro, whereas I felt the Softbank deal was just some idiot billionaire who thought it would be cool to own a movie business. In any deal Katzenberg will have a much easier time tugging the chain of a few private investors, instead of all of Wallstreet. That would buy the company time for the rest of the businesses to hit puberty.
You are an idiot and a liar. DNDN and SNTA have similar levels of cash, around $120m. DNDN has $588m in debt. SNTA has $16m. Do you see the difference?