let the lgbtq community save disney
Disney Considering Sale Of ABC, Other TV Networks Except For ESPN
Hell I don't as well. I have every tv channel possible and outside of college football, nfl, nba, the odd wrestling/mma/boxing ppv I don't watch live tv.
And you're right, my nieces and nephew will spend hours on youtube, tiktok, playing roblox they ain't getting up early on sat mornings to watch cartoons or sitting down in "prime time" to watch a tv show
IIVI
Superstar
A lot of people are on TikTok/social media for videos to watch and not tuning into ABC like that anymore means no cash cow to cover bad money management.
You take away TV, fine, watch on stream. However, when those streams are pointed to diving into Tiktok instead, you got problems.
Money mismanagement is obviously part of the problem, but lack of public support and interest means there's no cover/hedge and the money mismanagement is basically more inexcusable than in the past.
People mismanage money all the time, but they don't let go of their big investments. However, those big investment don't underperform this bad.
Now because streaming is massively expensive, the issue is only more difficult.
Everything is down bad, with no real sign it's getting better:
ABC 2022-23 TV Season Ratings (updated 9/22/2023)
During the regular part of the 2021-22 television season, ABC aired just as many scripted as unscripted series. The Alphabet Network launched six new
tvseriesfinale.com
If all those were green, you think they'd be dropping ABC like that? Those are big red (and it's not only ABC) and Tiktok/social media is a big part of that because TV ain't the same time sinker it was.
It's kind of like this:
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Bruh, a lot of people are on TikTok scourging for videos to watch and not tuning into ABC like that anymore.
Money mismanagement is obviously part of the problem, but lack of public support and interest means there's no cover and the money mismanagement is basically more inexcusable than in the past.
Everything is down bad, with no real sign it's getting better:
ABC 2022-23 TV Season Ratings (updated 9/22/2023)
During the regular part of the 2021-22 television season, ABC aired just as many scripted as unscripted series. The Alphabet Network launched six new
If all those were green, you think they'd be dropping ABC like that? Those ain't green (and it's not only ABC) and Tiktok/social media is a big part of that because honestly people don't care as much about TV anymore.
Those 18-49 demographics
Only old folks really be watching tv like that
the streaming bubble is popping. if you dont meet numbers projections, you can't pay people fairly to churn out a bunch of bullshyt (exs. Black Widow on streaming, the writer's strike, etc.)
David_TheMan
Banned
Bruh, a lot of people are on TikTok scourging for videos to watch and not tuning into ABC like that anymore.
Money mismanagement is obviously part of the problem, but lack of public support and interest means there's no cover and the money mismanagement is basically more inexcusable than in the past.
Everything is down bad, with no real sign it's getting better:
ABC 2022-23 TV Season Ratings (updated 9/22/2023)
During the regular part of the 2021-22 television season, ABC aired just as many scripted as unscripted series. The Alphabet Network launched six new
If all those were green, you think they'd be dropping ABC like that? Those ain't green (and it's not only ABC) and Tiktok/social media is a big part of that because honestly people don't care as much about TV anymore.
People mismanage money all the time, but they don't let go of their big investments. However, those big investment don't underperform that bad..
Try to actually learn the business you want to discuss.
Tv ratings have been declining for 15 years, it was dvr initially then it transitioned to they were losing viewers to video games, streaming, and alternative media (YouTube or twitch)
That said they still have in demand viewing which they tend to be superior to alternatives, live sports, which is why sports programming commands premium dollars.
So the contention that it is tiktok simply shows a general ignorance of entertainment in general.
I literally told you why they are dropping abc, they will be dropping a lot orgs within the company if they can't fix them as the board is angry about the lack of dividands and poor projections of growth and debt elimination
Dallas' 4 Eva
Superstar
I hope they sell off Lucasfilm so Star Wars can actually be good again.
This feels like something the NBA would do. Adam is trying to make the NBA bigger than just basketball. How many Netflix deals, tech deals, movie deals, etc does Adam seek?
IIVI
Superstar
"Decline" is one thing, down -30% to -60% all over the board for your heavy hitters is another.
This ain't decline it's outright bad shape.
A lot of regular people got more views and interactions on their tiktoks than these large companies do.
Every click on one of them means one less click. It's a win-lose here, not a zero sum game.
"Decline" don't mean you offload your big tickets. You bear it out trusting it gets better, unless the landscape has somewhat changed.
The second those personal cameras got better and Tiktok popped up, a large chunk stopped looking for entertainment and focused more on personal content. Tiktok is the most downloaded app of all-time, people are on it and using it.
At the end of the day, their shows ain't making money and streaming bandwidth is rather expensive to maintain.
It's not rocket science: if they making money, or have optimistic outlooks it'd be a non-issue.
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David_TheMan
Banned
Everyone literally created their own streaming platforms. Tiktok isn't long form entertainment either it isn't a competitor to tv.
Like I said do some research on the trends do the entertainment industry it will help you know what you are talking about instead of guessing.
Broadcast tv makes money still, the shows make money especially shows like the voice or agt, even the shows like sitcoms are money makers. The funny part is while the ratings drop tc has the highest earners in their viewersbip mid agers and seniors. Hence big pharma commercials that dominate broadcast tv primetime.
So like I said again do some research, on top of that Disney specific, their biggest money maker that covered for the company was the parks section, not streaming or tv, parks allowed them to overspend on sports rights, overspend on studio acquisitions and etc.
That section has faltered badly and due to negative pr, devaluing of IP, COVID, and etc it canf cover for everyone anymore and it needs reinvestment. So they have big decisions to make
IIVI
Superstar
My original point here: you think Tiktok popping up, dropping numbers, producing heavy traffic and viewing hours has nothing to do with TV's recent bad/worse performance metrics then?
Answer that plainly: yes or no.
the next guy
Superstar
All this just to keep Disney plus going.
David_TheMan
Banned
No tiktok has nothing to do with tv.
Video gaming, dvr, streaming(Netflix, peacock, paramount, Disney+, max, Tubi), internet long form streaming( YouTube/rumble/Odyssey ) have had more to do with ratinfs decline, and esg programming alienating half of the market. Are what drives tv ratings decline, but that's mainly for scripted shows not live sports programming.
Let’s ESPN and SAS tell it it’s because people didn’t go to parks or to games
It’s clearly companies banked on the wrong investments. Versus was such a big deal during the pandemic yet that shyt fell off as soon as it was sold
IIVI
Superstar
All those are forms of driving attention away from watching TV.
Like Tiktok does.
Which also happens to be the world's most popular app.
