ABC

jhonkas

ABC is part of the local new network, not the cable channel

repairmanjack2023

So DIS has pulled ESPN from CHTR, yet they have left ABC on the air, at least where I live. So I am currently watching TENN vs Virginia on what they billed as "ESPN on ABC." This is my kind of blackout.

repairmanjack2023

ESPN had nothing but crap games on today anyway. Despite CHTR blackout, I am still getting ABC for some reason. Also games on Fox, CBS and FoxSports. CHTR was smart. They saw first week ESPN had weak TV schedule. DIS will capitulate soon. Bank it.

bittabet

Yeah I don’t think people will keep paying their huge cable bills if they’re missing all these channels so it’s Charter that’s going to see a lot of angry phone calls and cancellations. Disney might be getting money withheld from Charter temporarily but they have the leverage here and customers aren’t going to call Disney up because ABC and ESPN went out 😂

GuiltyAmoeba

For all of us that can’t read: Disney and Spectrum Cable couldn’t come to an agreement so 15 million spectrum users lost access to espn, discovery Channel, ABC, Fx, etc.

hobskhan

Oof $DIS >channels like ESPN went dark on Thursday for customers of Charter's Spectrum cable service. >Disney pulled ESPN, ABC and other cable channels off Spectrum, which serves giant markets like New York and Los Angeles, in the middle of U.S. Open tennis coverage. >Charter flashed a message on screen that urged viewers to contact Disney. https://www.reuters.com/business/media-telecom/disney-charter-talks-new-distribution-agreement-2023-09-01/

Investingwifey

Get the ABC pants - I’ve heard they are comfy and I can confirm they look good

bigsilverhotdog

And here's a weird twist I just remembered: For a little while BEFORE the crash, $ABC was briefly showing as not an existing symbol. I do not have any idea if it is connected, but it could mean some kind of database corruption.

DeeDee_Z

Buying is not the problem. You haven't committed a GFV until you **sell** the position you bought with unsettled funds -- and even then, there's still one more condition. * "If Marty **sells** ABC stock prior to Wednesday..." -- not buys. * "Trudy sold ABC before Monday's sale of XYZ stock settled" -- it's the SECOND SALE that triggers the GFV, not the first, and not the second BUY.

computery_stuff

https://uk.news.yahoo.com/trump-covid-czar-warns-americans-180027302.html Dr Deborah Birx, who served as White House coronavirus response coordinator under then-president Donald Trump, said in a new interview with ABC News that by ignoring Covid, Americans are living in a “fantasy world”.

greytoc

​ >On 8/28, I sell ABC and use the unsettled cash to buy more XYZ. I get a warning in my app that this could lead to a Good Faith Violation, but I proceed anyway. The GFV warning is so you do not sell XYZ before the unsettled funds from the sale of ABC settles. If you sell XYZ prior to 8/30, that would be a GVF because you sold XYZ before your account had settled funds from the sale of ABC to have covered the purchase of XYZ. ​ >Which means I could sell that tax lot without incurring a Good Faith Violation? In theory - on 8/30, if you sell the specific XYZ tax lot that you acquired on 8/28 with settled funds originally, it shouldn't be a GFV. However, that said - brokerage house rules can vary so you may want to discuss this scenario with your broker.

CrimsonRaider2357

Let’s say ABC costs $1 per share, and XYZ costs $100 per share. Both follow the same index. You have $1000 available to invest. If you buy 1000 shares of ABC, and the underlying index increases by 10%, you now have 1000 shares worth $1.10 each, or $1100 total. If you instead buy 10 shares of XYZ, and the underlying index increases by 10%, you now own 10 shares worth $110 each, or $1100 total.

sorites

And the settlement date for selling a security is T+2 days, yeah? So, if I sold ABC and used the funds from that sale to buy XYZ on 8/28, then the settlement date for that is 8/30? Which means I could sell that tax lot without incurring a Good Faith Violation?

Winter-Efficiency598

Sounds like Tom knows how to play. Buy high sell low: On June 1, 2022, Tom sold 100 shares of ABC stock for $100 a share, initially purchased for $110 each. He held the shares for more than one year (long-term). Thus, his capital loss was $1,000 (100 shares @ $10 per share). On June 10, 2022, Tom repurchased 100 shares of ABC stock for $105 a share.

BagSelect

Shoe Carnival sounds like the name of a fake store you’d see in the background when an ABC sitcom has a mall episode

PaganFarmhouse

No shit. I'm watching Return of the Jedi on VHS that I recorded off of ABC. Its on a commercial right now.

Leroy--Brown

Remember when value investing was still en vogue? The thing with Disney is that retail investors only look at their revenue from their studio segment and their director to consumer segment. It's fascinating that the parks/resorts/experiences segment continues to be ignored. The parks segment has helped to fund Disney as a whole through bad years in the past, and that's what it will do again to help it weather these upcoming storms until streaming becomes profitable, and until DIS divests from ABC, and until Disney finalizes a deal to monetize ESPN in a dtc format. The parks segment will once again continue to fund the rest of their segments. Interestingly, during recent quarterly report they are projecting lowered revenue at parks due to the whole Florida thing, yet continued to show revenue growth in the segment as a whole.

grant570

no, a stock price can drastically change just because of a news event, not because someone put in a lot of money. "ABC Candy company accused of poisioning children!!!" last trade for ABC was 50 per share, then next day it opens at $25 a share...abra cadabra all those share holders lost half their $. or "CBA metals reports new process to turn rust into pure gold" CBA last traded for $10 a share, next day opens at $30 a share. All shareholders just tripiled their $. Yes , a lot of price action is due to buying/selling, but also new information released about a company can drastically change its price. Next week, "Lays releases new chip flavor created by AI, customers can't get enough!"

ninkorn

>🥭 got booked and is in the process of getting released - ABC News Can't believe they flew Trump jet and shut down all the highways from the Airport for this. Booking took like 15-20 minutes

ThatSameInnerG

I was a Nike billboard for years. Bought a pair of Lulu shorts and the rest was history. I now own more Lulu gym outfits than I can wear in a week. Pants, tops, even jackets are amazing and highly functional. I wear their polos, button ups and ABC pants to work religiously. Excited to see what they do with their shoes. Shopping in their store is an addictive experience. I’ve shifted my spending elsewhere recently because I’ve bought enough items for years to come, but I love Lulu and own their stock, just waiting for a good buying opportunity to add more. I am a 32 year old male for reference.

chuglife95

Same boat. I’ve always been the “I’ll buy my work clothes on Amazon” guy. Wife bought me a pair of Lulu lemon ABC slim fit trousers and it was game over. Just bought two more pairs

cptkt

Love me a pair of ABC pants.. they work for every occasion.

grahamaker93

With my one share of DIS, I too am disgusted with how they turned out like this versus what they COULD HAVE become. All those IPs in their hands are literal gold-mines. Hell, even if the economy goes to shit, people would still flock to see a properly done Aliens movie (Fox), or Star Wars (Lucas). I have no idea how they are still not waking up after the whole room is flooded with the smell of shit. The entire boardroom is oblivious at how much potential the assets they hold have. The only thing stopping me from going all in DIS is the idiot decision makers they have. People are not stupid, they do not like to have the whole forced diversity WaHmInZ = PoWeRfUl message pushed into our face. Empowering young girls is not wrong but the way they do it often breaks immersion of the movies and it becomes political and as an audience I feel insulted because I know they are trying to manipulate people so blatantly like teaching ABC slowly to small children. Heck game of thrones did powerful inspiring women better than Disney. The entire point of a conglomerate like DIS is to make money, and no one can tell me otherwise. I am not convinced they are good-at-heart. So they should just focus on doing that. Hire competent directors that are familiar with the IP and then collect billions in box office revenue. Fck me I can't count how many times people told them to throw the people in charge of star wars currently into the trash compactor and they still won't listen. They're not even doing shit with all the FOX assets they spent so much resource to acquire. DIS is wasted potential, and in a perfect world I'd have snapped more shares at this price, but I have no confidence in the board to not fuck up and elect another out of touch CEO who can't turn the ship back on course.

le_bib

Everyone talks about parks, movie and streaming, but the answer is legacy TV. Legacy TV (ABC, ESPN, National Geographic and a ton of other cable channels) was always the cash cow and more than 50% of all DIS profits Now everyday people are cutting cable and there is no one to take their place. So revenues are going down while cost remains (that NFL contract is not getting cheaper because 5% less people are subscribed to ESPN). Last quarter TV revenues were down -5% and profits -15%. And there is absolutely nothing that will stop that trend. And it may not even stop at $0 profit, it will likely go negative at some point. Think newspapers. Of course DIS has great assets with the parks and all the franchises. But TV will drag them down quarter after quarter for the next years. And parks + streaming most likely won’t be able to cover that loss…

Anxious_Cheetah5589

Broadcast and cable TV viewership are way down... cable is losing 6m customers per year in USA. ESPN is firing on-air personalities left and right. And when was the last time you heard somebody say "I just saw this amazing show on ABC!" How about streaming? Lots of subscribers but not profitable. And alarmingly, number of subscribers is trending down. Parks? Profitable but sensitive to the economy. Attendance is down this year. Everybody knows this though; it's all priced in. The question is, is it cyclical or secular decline? Will their incredibly strong brand allow them to succeed in the new entertainment ecosystem?

Confident_Plan7187

Oh I agree. But Snow White isn't the straw that's breaking that camel's back. FWIW Im watching them to offload subsidiary companies such as ESPN, ABC, to make them FTC compliant for a buyout

WickedSensitiveCrew

You don't have to pay for Paramount+ You can watch it on CBS. The same with their NFL rights. There are broadcast options between CBS, NBC, Fox, and ABC to watch NFL games.

Tangringo

I will absolutely agree with you that a lot of legacy TV and sitcoms follow a formulaic model that seems pretty ideal for AI. Law and order, Chicago PD, House, all of the 30 minute sitcoms that show up on ABC and TNT could probably effectively be written mostly by AI. But that’s not TV that people get excited to watch. AI by virtue of its functional workings seem to only work on predicative instances of things that have come before. Do you think AI would’ve come up with Squid Games? Or Game of Thrones? TV that amassed an incredible viewership that made these companies hundreds of millions of dollars in subscriptions? I very much doubt it. And full disclaimer, I don’t work with AI. Maybe you have some sort of insight into this sector that I am missing. But I just haven’t seen any example put forth that makes me believe that it is any threat to a good coherent writer. Everyone seems to be promising the world with it, but hasn’t produced any actual example of a script or a story that is better than the Mad Libs put together by 5th graders. So until you can show me an example of AI writing something that isn’t just a children’s story that you can find on Amazon just like 10,000 others I really don’t think these writers have anything to worry about.

Both_Guarantee_8392

Look at Reddit not being able to sort comments. Home page is a mess. It's like they want to go back to old TV days, where you had the choice of watch ABC or ABC.

Antibeck

A wash sale is simply put a differed loss. You closed a losing position, it happens to everyone. When you buy back the position, the IRS looks at that as if you never actually got rid of the position. You technically didn't take a loss on the sale. Your (now deferred) loss gets wrapped up in the cost basis. Example: Buy 100 shares of ABC @ 20 (actual basis = 2,000) Sell 100 shares of ABC @ 15 (sale price = 1,500) Naturally you would think this to be a $5 loss But if you were to then: Buy 100 shares of ABC @ 16 (new basis/buy price = 1,600) You would need to incorporate your basis from your "loss" into your re-purchase. Therefore, your "wash sale basis" would be: New buy price (1,600) + deferred loss (500) = new adjusted wash sale basis (2,100) Hope that helps.

hectorh07

ABC Always Be Closing 

SirGlass

You realize fidelity did not eff anything up, due to wash sale rules the cost basis was reset . Example I buy 10 shares of ABC at $100 ON 08/01/23 the sell for a loss at $90 a share On 08/15/2023 I rebuy for $70 a shares , that is a wash sale and your cost bases will be reset to $90 Fidelity did not mess anything up you just do not understand wash sales

Ackilles

Would you go into a professional poker game without knowing the rules of poker? You did that, except worse. The market is to poker as a smartphone is to children's ABC blocks

Investingwifey

ABC from Lulu

SirGlass

Most insurance that covers brokerages cover missing assets not legitimate investment losses. Meaning here is a simple example 1. You buy some stock/ETF/MF through a brokerage but your brokerage commits fraud they just take your money and never actually buy the ETF/stock/MF they just run away with your money. Or you have a managed account and with out your permission your investment advisor takes your funds and runs away. Basically there are missing assets and insurance will work to recover those missing assets. 2. You invest in a stock ABC and the company goes bankruipt , this is a legitimate investment loss . There really is no missing assets, you still have the asset (the stock) its just the stock is now worth zero (or pennies) I take it to mean just that, the insurance will only cover finding or retrieving the missing assets; legitimate investment losses are not covered like if you invest in a company that goes bankruipt .

ThreeSupreme

The folks at Disney don’t seem to have a clue about what they are doing. Disney is a classic case of a company that becomes too big for its own good… **List Of Disney Acquisitions** The Walt Disney Company was founded in 1923, and since 1996 has acquired many properties to increase its size in the media industry (publicly disclosed purchase prices listed as available\*). Capital Cities/ABC Inc. /ESPN Inc. - February 9, 1996; USA \* **$19,000,000,000** Toysmart - August 1996; USA Starwave - April 30, 1998; USA \* $400,000,000 Infoseek - July 12, 1999; USA \* $1,770,000,000 Saban Entertainment - October 24, 2001; USA \* $2,900,000,000 The Muppets properties - February 17, 2004; USA \* $75,000,000 Avalanche Software - April 19, 2005; USA Pixar - May 5, 2006; USA \* $7,400,000,000 Climax Racing - September 2006; UK Junction Point Studios - February 8, 2007; USA New Horizon Interactive - August 2007; Canada \* $350,000,000 GameStar - February 2009; China Wideload Games - September 8, 2009; USA Marvel Entertainment - December 31, 2009; USA \* $4,400,000,000 Tapulous - July 1, 2010; USA Playdom - July 27, 2010; USA \* $563,000,000 UTV Software Communications - January 31, 2012; India \* $450,000,000 Lucasfilm - December 21, 2012; USA \* $4,050,000,000 Maker Studios - March 24, 2014; USA \* $500,000,000 BAMTech – 2016; USA \* $2,930,000,000 Euro Disney SCA - June 19, 2017; France \* $760,000,000 21st Century Fox - March 20, 2019; USA \* **$71,300,000,000**

KartofelKing69

Hate to say it but ABC. Always buy calls

Aloradus

Everyone posts this but doesn’t realize Sony tried to create a streamer for years and dumped money into it. It was called Crackle. SPT is also smaller. The amount of money Disney makes/made from ESPN, ABC and the old Disney Channel back on the day- doesn’t even compare to the profit of making content for others. Disney needs to replace the BILLIONS in revenue they’re losing from owning channels or their share price will and should plummet.

VariationAgreeable29

Slightly contrarian take on DIS: It wasn't a bloodbath. EPS came in nicely, revs were short $200m (bad but not horrible) and parks looking good. Revenue per subscriber ok... but of course subscriber numbers bad and media portfolio overall not great. Headcount being a positive add to this quarter and will pay dividends in quarters to come. You just KNOW Iger will cut more heads. Point being, they've got to rejigger the subscription model and make it the must-have it was 18 months ago. They went too hard, too fast with MCU and SWU and people are bored with both IPs (which is a crazy ass thought, but still...) I bet Iger moves quick to partner up with someone on ESPN and sell ABC.

SirGlass

>Seems like my broker should have had a "are you sure, dumbass?" flag on that trade So brokerages really do not want to influence you on a trade in any way buying or selling. Imagine the situation you go to sell stock ABC for 100% gains and your brokerage has a pop up saying "This stock is 4 days from being LTG are you sure you want to sell today and it be subject to STG, if you hold for 4 more days it will be subject to lower LTGs!" So you do not sell, 2 days later the stock price drops 75%, you then say " Well the brokerage gave me advise saying I should not sell, that advise cost me 100k so I am going to sue my brokerage for giving me horrible advise " So sometimes I see investors complain why brokerages do not implement some simple features to warn you about certain things like wash sales in particular . Well the fact is your brokerage does not really want to influence your decision making it opens them up for liability The reverse could also be true lets say you go to buy stock ABC and your brokerage pops out a window saying "You sold this security in the last 30 days so rebuying it would trigger a wash sale, to avoid a wash sale you need to wait 5 more days" So you do not buy, the stock pops 30% in the 2-3 days and again now you are saying "My brokerage gave me horrible advise telling my not to buy and I missed out on 100k gains, time to sue my brokerage!"

TheMallard1

Because of ABC News and 20/20 stories

GoodLittleDancer

Iger's interim earnings are irrelevant. He is in full cull reorg mode, trying to turn that Panamax ship around. They'll adjust every under-estimated reserve, write off a ton of goodwill, and move a bunch of assets like ABC and ESPN into 'available for sale'. Won't be pretty. Chapek overspent in every random direction.

sumlikeitScott

Last I heard ABC was on the market but ESPN is safe.

directrix688

Parks and content library is the one great thing about disney. It's hilarous all this analysis and OP didn't even mention the boat anchor of ABC / ESPN on Disney. Traditional TV content producers have taken a shit and that's the problem with Disney, not the other stuff.

Bosa_McKittle

Apple is not buying Disney. They may buy ESPN/ABC , but there is no way the mouse is going to sell everything so a tech company.

_mattske

It would be good business, and kind of funny, to see somebody try to buy bits or pieces of Disney. Like instead of bidding on MARVEL, just buy some oddball character like Morph from X-Men. Not even all X-Men. It would force the market to value these kinds of creative IP outside of a bundle, and set a new floor for the development of competitive super heroes for example. Or like, somebody bid on the shows on ABC, not the network. Like bid on Good Morning America and Abbott Elementary. Or instead of ESPN the whole network, just buy rights for 30 For 30. This would keep breaking their value down, crushing the inflated price they fabricated. If they want to dievest like it was their idea instead of admit they were forced to, make them pay for it.

Demecius

Disney is oriented towards acquiring and buying other studios and companies as their main strategy for growth. I think they will definitely buy some other companies or licenses soon (within the next year). They already own 80% of ESPN, they also own ABC, so they seem to have diversified away from just movies and streaming.

SirGlass

1. Yes only gains are taxes when you sell. So if you invested 60k in stock ABC held it for longer than 1 year and sold it for 100k. You would have 40k in gains 2. Not really , if you have a job and have lets say 100k of taxable income, and you do the same thing buy stock ABC for 60k and sell it for 100k you would have 40k of gains however you would not qualify for the 0% gains you would pay 15% taxes on the 40k gains Remember this is only on long term gains, what means you hold for over 1 year

SirGlass

Just to note there is a group trying to push some conspiracies around the practice of share being held in street name and trying to make the conclusion "you do not own your shares" This really is not true. If I am with schwab and buy 100 shares of ABC , yes schwab registered them to their name , then internally assigns me 100 shares. Now if schwab gets in trouble and goes bankruipt it cannot use those shares to pay creditors because I own those shares not schwab. No creditor of schwab can lay claim to those shares And the whole street name is not some big conspiracy theory , its just easier to track 500 odd brokerages vs track 500 million people

solapowa

No idea if anyone is buying Disney lol that’s the least likely imo. You’re 100% right Thinking about spinning-off some of their media assets like ESPN, ABC, Nat Geo etc. Iger mentioned something about it in a recent press release about offloading a few in the near future.

DoctorNo9644

Pro here: i say we will see a green candle this week. Market even though it has been up the last few months, but it will not drop straight down ( from price action), si most likely it will bounce back up, the intensity of the upward move will decide iff it is a B wave in an ABC correction or if the correction is over.

ThreeSupreme

IDK… I thought going into streaming was a waste of good money. If a company is a content producer you’re actually restricting your revenue by becoming an exclusive distributor of your own content. Disney is a classic case of a company that becomes too big for its own good… **List Of Disney Acquisitions** The Walt Disney Company was founded in 1923, and since 1996 has acquired many properties to increase its size in the media industry (publicly disclosed purchase prices listed as available). Capital Cities/ABC Inc. /ESPN Inc. - February 9, 1996; USA \* **$19,000,000,000** Toysmart - August 1996; USA Starwave - April 30, 1998; USA \* $400,000,000 Infoseek - July 12, 1999; USA \* $1,770,000,000 Saban Entertainment - October 24, 2001; USA \* $2,900,000,000 The Muppets properties - February 17, 2004; USA \* $75,000,000 Avalanche Software - April 19, 2005; USA Pixar - May 5, 2006; USA \* $7,400,000,000 Climax Racing - September 2006; UK Junction Point Studios - February 8, 2007; USA New Horizon Interactive - August 2007; Canada \* $350,000,000 GameStar - February 2009; China Wideload Games - September 8, 2009; USA Marvel Entertainment - December 31, 2009; USA \* $4,400,000,000 Tapulous - July 1, 2010; USA Playdom - July 27, 2010; USA \* $563,000,000 UTV Software Communications - January 31, 2012; India \* $450,000,000 Lucasfilm - December 21, 2012; USA \* $4,050,000,000 Maker Studios - March 24, 2014; USA \* $500,000,000 BAMTech – 2016; USA \* $2,930,000,000 Euro Disney SCA - June 19, 2017; France \* $760,000,000 21st Century Fox - March 20, 2019; USA \* **$71,300,000,000**

SomeOneNeedsAHug

IGER is looking at restructuring the whole company. TV / ABC / FOX may no longer be core to their values as a brand. I.E. may look to ship it out - articles recently suggest Apple may be a player to buy their TV business. IGER has brought in consultants (hence the pop yesterday) to discuss what ESPN means to the Disney brand. They could be parting ways with that as well. Big changes coming under the Disney umbrella. But Disney, when you think of it as a nostalgic adult, is theme parks, Mickey Mouse, Princesses and Family Movies. Thats their core. Everything else is just adding weight to their oversized empire where they tried to thrive on synergy opportunities.

Ok-Investigator-1608

ABC, ESPN, the streaming business. It’s an enterprise in flux with Iger brought in for a second time to try and patch it up. The way forward isn’t clear.

Tx_Eng2008

Writer’s strike, ABC terrestrial TV deterioration, cord cutters, has to buy Hulu from Comcast (the part comcast owns), struggling to replace revenue with Disney +, political and social controversies, multiple box office bombs, slowing theme park traffic and most importantly, no clear path to fix any of it…oh and competition.

_Kenway

are you recruting for JPMorgan? it's always better never show big ass numbers on internet, that's the ABC if you don't wanna mess with hackers

VariationAgreeable29

My .02 — 1. Many decades ago, Disney mastered how to make crap tons of cash off their vault. They’d release things from the past parsonimiously, and supplant that with engaging, tent-pole event films (adult fare thru Touchstone, and family stuff thru Disney Studios). It worked. They’ve got to figure out how to scale BACK their productions and make SWU and MCU films and shows (even Nat Geo content) feel SPECIAL 2. Better, more focused content has helped Netflix, who now is perfectly fine with way less stuff. Lo and behold, sunscribers agree, sticking around even thru price hikes and password sharing crackdowns. D+ can do the same. 3. Yes ABC is past its peak. But ESPN is synonymous with sports. If anything, they should double down and scoop up even more sports rights. ESPN could be a global phenomenon to sports like Spotify is to music.

SirCumference101

Actual advice? 1: flee to a country with no income taxes but understand it’ll likely reduce potential earnings with bullshit loopholes america doesn’t have. Stuff like calling the office of your trading portfolio adviser will be a headache. 2. Buy land/real estate. You will never be able to flee again but you can put that $200k you made into semi hard assets. You’ll have to pay 5-10% in fees but it’ll be less “loss” overall. Yes I understand you use your money to create money so fixing it to land takes some income earning potential away from you. BUT here’s the long term gold mine. In Georgia and most states in the USA you can get a business as a farm with ≈50 acres. In my area that’s about $250,000 which can be tax deducted for many years as a business expense. Secondly, every gallon of gas, every new car/truck you buy. Every… single… expense… is tax deducted and most large stores have tax ID so you won’t even pay sales taxes on the way out the door. Anyone who knows anything about business taxes is screaming, “YOU CANT RUN A LOSS FORVEER”. WRONG fuckfaces. A farm is the only business that can run a loss every single year without the irs having an issue. Once you invest in 50 acres every single purchase then on is tax free. Most semi truck drivers try to own a farm because a semi business has some great tax deductions but eventually you have to run a profit. As a farm, you can run a deficit forever and they benefit from a home base for their trucks. Read the semi trucks. How many ABC Farms do you actually think farm vs tax loopholes.

moneh4nuttin

I'd be surprised if this information would be public. It's basically the same as "Airbus Plane with ID: ABC321 is scheduled for maintenance". It also depends on what they mean by contaminated parts ... Say for example it's a pipe that rusts or some shit but is made from 9% copium instead of 23% ... And has to be swapped ... It's an easy fix. You can get away with this by scheduling it either in the next maintenance cycle ... Or if it's super critical ... You need to down it until it leaves the maintenance hangar ...and there are quite few airports big enough to have maintenance hangars. This information is secret for security reasons most likely... Because you don't want some chucklefuck to know how to pull planes out of the sky with some home made hot-sauce that reacts to that specific alloy ... So yeah ... Dunno what to say really ... I'm still butthurt i didn't invest in LHA back in late 2020 so i'm biased.

Strat58cat

Disney parks elevate parents, turn them upside down, and shake every last cent out of their pockets and/or purses. Parents say thanks and return again and again. You know, for kids. The films aren't Disney's problem either. That "huge flop" Elemental has Olympian legs week after week. It's well past $300 million at the box office already. Disney films are some of the biggest box office films in the world. Then it hits Disney+ streaming. Disney+ streaming isn't Disney's problem. They have 170 million+ subscribers. That's more than enough. And woe to the parents of kids the right age who cancel Disney+. Disney has a problem at ABC. It's nowhere. CBS dominates Primetime, and Market prices Paramount Global (also known as CBS) like it's a corpse. The linear TV sector is slowly shrinking, and ABC is not in pole position. Disney has a problem at ESPN. ESPN+ is a joke with no NFL or major NCAA. ESPN is totally dependent on slowly shrinking linear. Disney has a WTF are they going to do at Hulu. It just never caught on. Paramount+ had 60 million subscribers last quarter, before consolidation of Showtime OTT into the numbers. Paramount+ launched only two years ago and is about to lap old-timer Hulu. Great time to dump Hulu, but Disney is set to buy the remaining 1/3 for billions. Ouch. Disney has a WTF are they doing re pricing. Disney+ should be a walled garden every kid insists their parents buy, like a Disney vacation. I'm paying $2.99 per month from a special. It's by far the cheapest one I've got. SMH. Disney has a WTF are they doing re content spending. Similar - Street punching bag while financiers try to break controlling shareholder National Amusements - Paramount Global spends about 16 billion per year on content across #1 TV network CBS, #1 kids' cable channel Nickelodeon, a movie studio that's released a string of #1 box office hits, the #1 fastest growing US streamer since launch Paramount+ which should reach 80 million subscribers this year, #1 FAST Pluto, and a large cable empire including the Paramount Channel with the #1 TV show in the US. Disney+ with far more and sticky subscribers and all those big box office hits streaming should be profitable. The problem is incredibly high content spending at Disney. Disney has a large amount of debt. That's a boat anchor.

kiefaber8182

And… ABC/ESPN a total shit-show…

Inevitable_Effect716

People are simply more willing to buy stocks instead of other products. Once a stock has been bought, the money doesn't necessarily stay in the stock market. Suppose I buy 100 shares of company ABC. I gave my money to someone else who can use it to purchase other stocks, repay depts or buy a laptop. But I don't have that money anymore. What I have is a 100 shares of company ABC which are valued on the last transaction made. Also, people will use different sorts of leverage to invest money into the stock market.

ninkorn

bruh, you ever watch ABC News? I think the job requirement is you gotta be fucking hot if you want to be female and work there

SirGlass

> but Say I have 100000 worth of a stock and it increases 6% every year , after year one the value of my stock would be 106000 , but the next year which i didn’t sell the book value is still 100k, so I wouldn’t be gaining 6% on 106k? No its not the correct way, selling and re-buying at the same price does nothing its really as simple as this, lets say a stock worth $100 gains 10% a year (note no stocks really gain 10% each year every year but just ignore that the concept still works) 1. You buy 1 share of ABC for $100 2. In one year ABC is worth $110 gain of $10 3. in two years ABC is worth $121 gain of $11 So now where did the extra $1 come in on year two? Well it compounding year 1 gains. The market doesn't care your cost basis is $100 , no one really cares or knows except you and the IRS when you sell.

Secret_Jesus

I believe they will rebound, but how much will you lose waiting on that rebound when you could have invested elsewhere? Impossible to say Bob has two big decisions to make: - what to sell to stop the bleeding - ABC, Freeform, FX are all on the chopping block. What can he get for them and how will he deploy that capital to get the core company back on track - How does hemake streaming profitable - this is the biggest IF, but Bob thinks he can do it by EOY 2024. They lost ~4M subscribers last quarter and will likely lose ~$800M in just in Q3 alone. This is a massive hill to climb. How do you increase users, content, and cut expenses? Only thing I see is price increases which I doubt go over well.

Leroy--Brown

Muppet movie remakes. But in all seriousness, continued expansion of the international rollout of D+. Refocus attention on parks/resorts/experiences to increase profit margins. Prior to COVID the resorts segment was year over year a mega blockbuster, helping to fund the entire company. Restructure media (ABC and ESPN) into something profitable. Everyone focuses on the Disney that produces movies, but isn't aware that cinematic releases don't account for the lions share of DIS revenue, especially if you look back at earnings reports for the past 10-20 years. DIS profits have never truly been about earnings from movies, this is only a recent phenomenon. If they refocus attention on their core assets, they already have the capacity to pivot but haven't been as nimble as others have, especially if you only look at 2022-2023.

QualitySure3456

Park attendance down. Losing money on Disney + Losing money on almost every film (woke nonsense) Probably selling off ABC/ ESPN - which is probably good long term.

SirGlass

Well most of the famous losses that involve people losing more then they had was because of margin , they borrowed money on margin to invest Also RH software had a nice bug in it where you could essentially get infinite margin because well its RH what is a pretty garbage brokerage. wasn't calculating margin right In simple terms works like this, you deposit 2k , robin hood will borrow you 2k. The bug worked like this 1. Deposit 2k , get 2k margin 2. buy 100 shares of stock ABC for $40 (4k) 3. Now you have zero money , write deep ITM calls and sell them by deep ITM calls I mean write calls with a strike of $1 6 months out, collect $3900 from selling these deep ITM calls 4. RH now sees "Oh you just deposited $3900, let me give you another $3900" because RH is dumb and a shitty brokerage so now you have 7800 5. rinse and repeat until you get leveraged up to your personal risk tolerance So now with 2k you can make a 50k bet, and if the bet goes wrong , like so many did now you owe RH 48k.

SirGlass

So other posters have explained your question does not make sense and explained well why. I think your question really is what is the difference between for example an ETF that tracks the S&P500 and a mutual fund that tracks the S&P500 And the answer is sort of complicated So in general there is not much difference , ETFs trade through out the day and the price changes second by second and MF trade at the end of the day For tax reasons ETFs can be more tax efficient, using a loophole in the tax code ETFs generally do not have to distribute capital gains . Meaning lets say a new company ABC gets added to the S&P500 index and XYZ gets dropped. The index will re balance adding ABC and dropping XYZ . Index funds have to do the same things So a MF will in short sell XYZ and buy ABC , now it might have to rebalance other holdings as well to keep all the holdings in the proper weight because most likely the MF is buying and selling shares some of these shares may have a capital gain. In the USA these gains must be distributed out to the holders of the MF . An ETF can use a little trick with the creation and redemption process to wash out all the shares with a capital gain so that is a benefit Now to make things a little more complex is vanguard ; vanguard has a neat little patent where the MF and the corresponding ETF are ONE fund, just different share classes of the ONE fund. So with this vangaurd MF can use the same trick to not distribute capital gains However for market weighted index funds I think this benefit is usually overblown , people tend to avoid MF like the plague because they heard ETF are better. While avoiding those capital gains distributions are a benefit they are usually pretty small . For example schwab's S&P500 mutual fund payed out a 0.0941% long term capital gain distribution in 2021 that was probably caused by the inclusion of telsa . So that means if you had 100k invested you would have received a distribution of $94 at a 15% tax rate this means you would have paid $14 of taxes Is deferring $14 worth of taxes really a huge benefit ? I guess its a benefit but $14 is not going to make or break anyone.

Benromaniac

I don’t know what worst case scenario timeline reasonably is. But if there’s a %40-%50 drop in share prices across the board it will not be sustainable. From here on in I’m content putting portions of my salary in until there’s significant change. I made about a quarter mil on the 2017/18 run, and that was for LPs. Fucking ABC lol Someone going to tell me that I’m not going to see 3x-6x returns on a bull run for the American market? Please.

WeBeZoomin

$ABC calls r paying my mortgage 🚀

Temporary_Property49

Just threw the house on $ABC puts

throw_moneyaway

This is a risk whether the accounts are taxable or not, right? If you sell ABC in account A and within 30 days you buy more (or have dividends automatically reinvested in more) of ABC in your separate 401k, IRA, or HSA at another brokerage, it is a wash sale?

taplar

You sell ABC at a loss in account A and within 30/31 days you buy more of ABC in account B. You've created a wash sale, but account B being unaware of account A will not tell you that it is a wash sale.

Dnenz849

I’m with you bro. No idea what this person’s talking about. You won’t benefit from any increase in stock price (or option price or any conversion of extrinsic to intrinsic value) past the option going in the money when selling a cc. Buy stock ABC at $100. Sell cc at $150 Aug 18 for $0.20, profiting $20 per 100 shares. Stock goes to $200 and cc is exercised. You’re left with a profit of $50/share. You gain nothing from the call you sold going to $50.20, only from the call reaching $150 and being exercised.

Low-Wear-168

[https://www.youtube.com/watch?v=Hrtik0l3Xgo&ab\_channel=ABC7](https://www.youtube.com/watch?v=Hrtik0l3Xgo&ab_channel=ABC7) this man already took 3 cars 

hyperpigment26

Yeah, I read Iger's book some time ago and feel the same way, though I haven't seen him make a ton of great moves since he took over. Somewhat surprising that he's considering parting with ABC given his personal history with it, but Disney may not have much of a choice. Makes sense on waiting for the dust to settle.

BJJblue34

I don't personally own $DIS but Iger is cleaning up Chapek's mismanagement. He has recognized how diluted Marvel/Star Wars has become due to too many projects. I agree that TV networks lile ABC, FX and Freeform aren't vital to Disney's business, and he is better off looking to sell these assets as consumers move away from TV and instead focus on Disney's core businesses. Iger is probably the best person to turn this business around even though some of these problems did start at the end of his tenure. I don't have any easy answer here. I don't like their balance sheet, and their margins have been horrible over the past 5 years. While they have grown revenue, the cost of running the business has gone up from cost of goods sold to SG&A. I see a lot of downside potential over the short term. I wouldn't be surprised to see $DIS sell well below book value of $55/share if they can't improve their fundamentals.

Slut_Spoiler

Netflix just had its best month in years and Disney is looking to sell its TV assets. What does that mean for the future of Hollywood? Bob Iger built Disney into the world’s most powerful entertainment company by acquiring Pixar, Marvel and Lucasfilm. Now he’s looking to downsize. Iger put roughly a third of the company up for sale this week, declaring Disney’s linear TV assets noncore. That includes TV networks ABC, FX and Freeform. He also said Disney is looking for a strategic partner for ESPN — though he’s not willing to sell the whole thing — and the company is already looking to sell or restructure its TV and streaming business in India. It’s a stunning if inevitable turn of events for an executive who spent so much of his career working in TV, and for a company that relied on cable networks for the majority of its profit. Before the pandemic, Disney’s media networks generated 35%, or $24.8 billion, of company revenue and more than 50%, or $7.5 billion, of its operating income. Yet the accelerating decline of cable TV has limited Iger’s options. He thought he’d solved this problem with Disney+ and Hulu, his two mass-market streaming services. But his streaming business is expected to register a loss of about $800 million in the company’s just-ended third quarter. Management chased streaming subscribers at unsustainably low prices to goose the launch of Disney+ in 2019 and is now seeking to raise prices without alienating customers. (Disney+ lost 4 million subscribers last quarter.) Iger put up a for-sale sign during an interview with CNBC in Sun Valley, Idaho, home to an annual summit of the media and tech elite organized by the investment bank Allen & Co. The conference has long served as an incubator for some of the media industry’s most high-profile deals — and a source of endless photos of executives walking in Patagonia vests. It’s not yet clear how serious Iger is about selling entire TV networks. ABC, for example, is key to retaining NBA rights. FX has been a key supplier of programming to Hulu, which Iger plans to keep and fold into Disney+. Yet Iger’s CNBC interview was unmistakably a distress signal. Disney is contractually obligated to buy Comcast Corp.’s one-third stake in Hulu in a deal that would value the business at least at $27.5 billion. It’s also wrestling with a colossal debt pile stemming from its $71.3 billion acquisition of 21st Century Fox in 2019. A sale of the TV business could fetch around $8 billion, according to Wells Fargo analyst Steve Cahall — which would largely offset the cost of acquiring the piece of Hulu it doesn't yet own. Most of the potential suitors for linear TV networks are financial entities, like private equity firms, that would milk them for cash as they decline into obscurity.

repairmanjack2023

Josh Brown just said on CNBC that DIS might try to sell ABC to buy the remainder of Hulu that they don't own, but the problem is that there are no buyers for ABC. DIS's demise just keeps getting more entertaining. I am waiting for sub-$80 to start looking at it, maybe?

atdharris

ABC. He said ESPN was part of their core product

MeatoftheFuture

ABC and TV assets. OP has no idea what they’re talking about.

Marketspike

$DIS is a strong SELL to me. There is a lot of headwinds with Disney. CEO strongly suggesting selling ABC and ESPN. The amusement parks are experiencing declining attendance. Discretionary spending is the focus of Disney--not food in a challenging economy with inflation. Plus the unknown effects on the political stances the company has taken. You do not have to agree or disagree with the politics--but it can have an effect if the consumer gets ticked off enough to decide not to patronize Disney at their parks. JMO

bigblard

Example: Sold covered call for stock ABC at $12 strike price and 60 DTE and at time of sale ABC was trading at $10 30 DTE is ex-dividend date and stock is trading at $13. As long as the dividend is less than the difference in actual price to strike price...that option is likely to get exercised at $12/share to capture the dividend as well as the cost difference of $1 per share and then sell the shares immediately upon settlement. This is incredibly common.

dfaen

You guys have no idea what you are talking about. If you’re at a bar and happen to see the CEO of company ABC is next to you, and he drunkenly shares that his company is going to lay off 20% of his staff next month but no one knows about, and you then go and short the stock of ABC before that news of layoffs is made public to the market, you are trading based on insider information and committing an illegal act. The law doesn’t care how you came to be in possession of the information.

nanaboostme

here are some reasons why not to go all in just yet: *-Disney+ limited audience due to specialized audience* *-Company shifts major development from parks to streaming* *-2 major strikes going on against streaming services* *-Selling ABC soon* *-has to pay fees to PARA for Hulu services* *- keeps making remakes that fails* *-Iger extended due to more uncertainty in the company* *-Theme parks not very proftiable* *-Political controversies with Disney World* *-Disney World Office expansion cancelled* *-Most of their movies do not make profit* *-Changing rides due to "woke movement"*

drew-gen-x

u/msaleem made an argument to buy $SONY due to Crunchyroll's growth. It's what I was also thinking when I opened up a position in $SONY last week, but I am too lazy at explaining my thought processes at times. Disney's growth in the last 10-20 years is mainly due acquisitions like when they bought the IP's to Star Wars & Marvel Comics and acquired ABC & ESPN. If their stock and financials aren't doing well, they will not have the cash to continue to buy hot new IP's to expand. I would go with $SONY here over $DIS.

nanaboostme

Yea. Keep buying those $DIS calls when: \-Disney+ limited audience due to specialized audience \-Company shifts major development from parks to streaming \-2 major strikes going on against streaming services \-Selling ABC soon \-has to pay fees to PARA for Hulu services \-Iger extended due to more uncertainty in the company \-Theme parks not very proftiable \-Political controversies with Disney World \-Disney World Office expansion cancelled \-Most of their movies do not make profit \-Changing rides due to "woke movement" very bullish

nanaboostme

Disney+ limited audience due to specialized audience Selling ABC soon Iger extended due to more uncertainty in the company Theme parks not very proftiable Political controversies with Disney World Disney World Office expansion cancelled Most of their movies do not make profit Changing rides due to "woke movement" ​ Should I continue?

LionoftheWest94

There’s a lot that people have said here that is very true. Make sure to take good notes on it all. Another thing to remember is investing is not only about the investment but how it’s structured. Essentially, an easy way I tell clients and others myself in content I make is ABC/123: A: Fixed Investments - CDs, Money Markets, Fixed Annuities B: Variable Investments - Mutual Funds, Stocks, Crypto, Real Estate, Variable Annuities, ETFs, Variable Universal Life C: Indexed Investments - Indexed Universal Life, Fixed Indexed Annuities Definitely missed some but you get the point, only 3 areas investments fall in. Taxes are the other side of the equation and arguably more important (thanks Uncle Sam!) 1. Taxable: Claim and pay taxes every time growth happens 2. Tax-Deferred: Taxes are “procrastinated” until you begin taking out income so it gives you a tax deduction today but you’ll still pay the tax rate in the future when you take it out 3. Tax-Free: post-tax dollars going into accounts where growth is completely tax free (provided you follow the rules around said accounts) That’s literally the entire financial world. Every strategy, product, company, falls into a combination of these 6 “buckets”.

killtheking111

Yeah exactly. Stock price isn't far from the covid lows, and with all this headwind mentioned, means it can only go up. Wait till they spin off ESPN (maybe disney plus it as well) or sell ABC. Let's not also forget that they have 3 massive ships coming over the next 18 months and they literally print money. I used to work on 2 of them and if little Johnny wants his $17 popcorn he's gonna get it. I actually like the rumours of AAPL buying Disney out.

QualitySure3456

DIS is going to sell off ESPN and ABC aren't they. Explains the dumping of all the big name personalities. Maybe I can finally get rid of these bags I am holding...

amerricka369

Selling espn would be a short term win but long term boondoggle. All streaming services are going to need to tap into new consumer pools to boost user base for streaming. The easiest way to keep and gain users is sports. Selling ABC/free form is the opposite. It will hurt top line short term but be a big win long term. Problem is who would want a declining business (the other major players are prohibited from buying it). Nat geo, Disney channel, fx provide good IP for them. So eventually shut down linear but continue operating via streaming. Disney (and industry) is in a pickle though. Box office and linear are withering on the vine. Streaming will not fully replace that revenue. They will be forced to sell temporary show rights to other streaming platforms, monetize users in new ways and more. It will hurt for the next 10-15 years until linear really starts a steep decline.

CriticallyThougt

I would assume they would leverage their other IPs as ABC/Nat geo isn’t driving Disney+ subscribers. Reallocating some of that money to Star Wars and Marvel shows and movies along with maybe an ESPN package or tier may be better than the company hemorrhaging cash on the cable TV side for the sake of Disney+. It depends how Iger wants to move forward but I don’t see this as a negative if it’s executed correctly.

Sniflix

They are selling off a bunch of foreign Fox and Nat'l Geo broadcasters overseas and I am guessing they want to dump ABC in the US and its variations elsewhere. That said, Disney+ had a lot of good content at first and it has slowed to a crawl unless you like shows for 4 yr olds. I cancelled it.

snowe99

I mean sounds good in theory but doesn’t ESPN/ABC still make them a shit ton of revenue? That revenue has stalled, if not decreased, in recent years (hello stalling stock growth), but it is a core business unit nonetheless

GuruSensei

Silly question, but if Disney does sell ABC, I take it they'll lose IP rights to all the tv shows and whatnot?

GimbalLocks

I used to walk through the ABC building to get to the animation studio, weird to think about the logistics after they sell it since it's directly on the lot

mrmrmrj

People might not remember but Iger was running Capital Cities/ABC when Disney bought it. That is how Iger came to Disney.

Wolfrattle

I imagine the cable networks are on the block. ABC I'd imagine would be the last and most surprising sale in that space.