Guest Contributor – TomD – 28NOV2023 – Disney Woes

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TomD

 

Just read this in PJ Media (link)

Reports of Disney’s Death Are (Not?) an Exaggeration
Stephen Green | 5:11 PM on November 27, 2023

As Disney’s two-time CEO Bob Iger prepares to host the company’s annual town hall on Tuesday to provide “hints or guidance for what the next phase of ‘building’ will bring after the problem-solving phase,” it’s time to ask if Iger is able “to ‘quiet things down’ after years of culture wars.”

The first quote comes from a Hollywood Reporter item on Monday detailing the company’s Wall Street woes. Traders and managers will be watching Iger on Tuesday for “possible color, body language or even outright updates on various topics,” ranging from the company’s ongoing series of box office flops to troubles at their fabled theme parks.
The second quote is courtesy of Jonathan Turley. His Monday column — almost in time for Adam Smith’s 300th birthday — shows how Smith’s “invisible hand” has undone the company’s woke agenda. Disney is now “negatively associated with activism by a significant number of consumers,” Turley writes, and is “even reporting a decline in licensing revenue from products associated with Star Wars, Frozen, Toy Story and Mickey and Friends — iconic and once-unassailable corporate images.”

“Wish” is Disney’s latest animated effort that isn’t a sequel or reboot and it opened over the long Thanksgiving weekend to middling reviews and worse box office sales. Well, not entirely not a reboot — one of the characters is the glowy Star, as in Pinocchio’s “When You Wish Upon A Star.” “Wish” looks to be another big money-loser in a yearlong series of them, including “Indiana Jones and the Whatever McGuffin,” “Ant-Man and the Wasp: Quantumania,” the live-action Little Mermaid, and most recently, “The Marvels.”
The Disney+ streaming service is losing money and eyeballs. Impressions — the streaming measure of viewership — is down 14% from last year, the company says.
The worst news is that Disney’s intellectual properties — the company’s seed corn for future growth — are in terrible shape.

The good news is that $7.5 billion in cost-cutting measures have restored some sense to the company’s balance sheet. The bad news is that the maintenance-heavy Disney World and Disney Land are reportedly looking a little worse for wear. Or as Wall Street’s Jamie Lumley warned, “As the business looks to slash costs and make streaming profitable, there are sure to be concerns about cutting too deep and impacting the business going forward.”

But the company can’t cut its way to health. It needs to start selling tickets again to the kinds of movies and theme park experiences people expect when they see the Disney label.

Walt Disney and his brother Roy were jealous guardians of the Disney name and reputation. Given so many more recent changes, this seems like much longer ago than 1983, but I’m reminded of “Something Wicked This Way Comes.” It was considered a Very Big Deal at the time when Disney produced a Ray Bradbury film with such a dark mood and storyline. At the time — Walt had died and Roy was no longer involved in day-to-day operations — Disney was looking to branch out from family fare like the Herbie movies and “Pete’s Dragon.”

Results were mixed at best, and I’m being overly generous.
It took a 1984 hostile takeover attempt and a long-term recovery plan courtesy of incoming CEO Michael Eisner to restore Disney’s luster. Eisner understood Disney’s creative strength — and it wasn’t in jumping on the Star Wars bandwagon with “The Black Hole,” or another cheesy Love Bug movie.

It was in getting back to classic animation with “The Little Mermaid,” and in recognizing similar strength in the fledgling Pixar Animation Studios.

Iger can cut costs but, in the end, what he needs to do is remember what the Disney brand means — and work as furiously to restore it as Eisner did, and as Walt and Roy used to work to protect it.

Unless we see evidence of that in Tuesday’s town hall, Disney shares might be up a bit on Wall Street’s hopes but I ain’t buying.

Ain’t it Revolting

I’m back, I’m back.  I was held ransom by the forces of darkness that lay claim to my soul here in this hellish corner of New England.  Dunwich is a desolate quagmire of unspeakable infamy.  Here I must traffic in the few remaining grains of sand in my hour glass in return for worthless ducats that cannot be exchanged for anything meaningful, like a breeding group of tuataras or Komodo dragons.  Ah well.

So the news feeds are all full of various pundits on the Left, Right and middle buzzing about the latest crop of foreign right-wing parties and leaders who have broken through and made it to the mainstream.  Geert Wilders in the Netherlands and Javier Milei in Argentina are the latest additions to eruptions in Sweden, Italy, Denmark, Austria, Slovakia and Hungary.  And other countries are threatening to continue this change.  Both France and Germany have growing right-wing parties and there is talk that in the next French presidential election Marine Le Pen may finally win.

So, does any of this indicate a turning of the tide?  Well, it seems to indicate that the ceaseless migration of third world people has finally worn out even the endless patience and tolerance of Swedes and Germans.  Maybe at last these Europeans are ready to end their invasion by people who do not share their values and refuse to assimilate their host country’s manners and identity.

Is it too late to reverse the deterioration of culture and lifestyle that these invaders have caused?  In the case of France, it might be.  There are no-go zones in and around Paris that no longer respond to police authority.  Trying to reassert sovereignty in those areas will require military action similar to what’s currently going on in Gaza.  I tend to doubt that the French are up to the challenge.

But some of the other countries where the invaders are far less entrenched may be able to claw back their homes.  A place like Hungary where they never let the problem take root can be a resource for the type of immigration program that protects the indigenous population from immigration-based suicide.  We’ll see.

Does any of this presage the same type of political change in the United States?  Actually, no.  We had our moment in 2016.  All the pressure that the citizens of this country could bring to bear was expended in the elections in 2016 and 2020.  But the administrative state in concert with the Democrats in the swing states successfully used fraudulent election practices like ballot harvesting to steal the 2020 election.  And since then, they’ve “fortified Democracy” (enshrined voter fraud) in those states to prevent the indigenous citizens of this country from electing the government they need to protect them.  At this point I’d be more than a little surprised if any honest federal elections occur anywhere that has large Democrat run cities.  The prospect of the 3 am shutdown of the polling places followed by the three days of steadily pro=Democrat returns is a little hard to watch so until I’m proven wrong, I’ll assume we won’t have the luxury of stopping illegal immigration anytime in the foreseeable future.

Nevertheless, I’m quite encouraged by the right-wing revolts going on in Europe and elsewhere around the world.  I think they indicate that there is still at least some life left in the West.  And watching these parties growing and waking up more and more of the people in these countries is at least a starting point for some kind of a reaction to the woke ideology that until now has gone completely unchecked.

Keep it coming.

Disney Has Some ‘Splainin’ to Do. To Their Shareholders.

This is an incredibly boring document written in corporate double-speak.  But in PART I, ITEM 1A.;
Risk Factors, it says

“We face risks relating to misalignment with public and consumer tastes and preferences for entertainment, travel and consumer products, which impact demand for our entertainment offerings and products and the profitability of any of our businesses.”

And further down in this section they state:
“Further, consumers’ perceptions of our position on matters of public interest, including our efforts to achieve certain of our environmental and social goals, often differ widely and present risks to our reputation and brands.”
“Misalignment with public and consumer taste.”  Hmm.  “Achieve certain of our environmental and social goals.”  Well, well.
So when five or six of your movies are duds and you lose a billion or a billion and half dollars, it turns out your shareholders start to notice.  Imagine that!  How judgmental!  How crassly materialistic!  So uncool!
Well, I guess they’ll have to figure out how they can align with these philistine parents who don’t want their kids groomed.  They must strive to prevent perceptions of their efforts to achieve certain of their environmental and social goals from presenting risks their reputation and brands.
So on one side you have all this blah-blah couching what they do in double-speak.
And then you have South Park cutting to the chase and making it perfectly clear.
I think for the sake of transparency it would be reasonable for Disney to include the South Park Panderverse episode as part of their annual report.  After all the public’s opinion is much closer to the South Park opinion than it is to the double-speak version.
Or maybe losing a couple more billion dollars is the preferred route.  Time will tell.

The Caine Mutiny (1952) by Herman Wouk – A Book Review

“The Caine Mutiny” is a novel primarily about life on the WWII era destroyer-minesweeper USS Caine.  It culminates in the trial of the ship’s executive officer Steve Maryk for relieving the ship’s captain Philip Francis Queeg during an extremely dangerous typhoon.  This is the “mutiny” of the title.

(Spoiler Alert – Skip down to last paragraph to avoid spoilers and read recommendation)

The story’s protagonist is Willis “Willie” Keith, a light-hearted young man from a wealthy family with roots going back to the Mayflower.  Willie plays piano at cheap nightclubs in Manhattan where he has met his current sweetheart; a beautiful red-headed lounge singer working under the stage name Mae Wynn but is actually an Italian American girl from the Bronx named Marie Minotti.

Much of the story is seen through the eyes of Willie as he tries to square his comfortable and lazy existence as a wealthy kid with the reality of wartime America in the 1940s.  His overbearing mother strongly disapproves of Mae and Willie starts out agreeing that Mae is not a fit wife for him because of her lower social position and earthier manners.  And paralleling this personal conflict, Willie also struggles to adapt himself to what he considers the arbitrary, and in some cases, stupid people and rules that the Navy inflicts on him.  Over and over, he finds himself bridling against and being victimized by petty authority figures that can make his life a hell.

In midshipman school he earns the highest demerits possible without actual expulsion because of the distractions over his tempestuous relationship with Mae.  Aboard the Caine, time and again, he is the victim of miserable conditions and bad luck that sour his opinion of the Navy as a whole and the Caine specifically.  His first captain, Lieutenant Commander William De Vriess is an informal and sarcastic officer whom Willie views as a slovenly and slack leader who allows the Caine to exist as a scow-like disgrace with sailors who appear to be without discipline or order.  When De Vriess is replaced by Lieutenant Commander Philip Francis Queeg, an officer who identifies himself as a “book man” who runs the ship by the strictest adherence to Navy regulations, Willie is ecstatic, assuming that now the Caine will be a proper home for him.

He pretty quickly learns that life under Queeg’s command will be infinitely worse than under De Vriess.  Queeg micromanages every aspect of the officers’ and crew’s behavior.  But much worse he learns that Queeg is both incompetent at conning the ship and cowardly in the face of the enemy.  And worse still, he expects the officers to back all his excuses around these shortcomings and often themselves take the blame for the disasters these behaviors cause.

Eventually Queeg completely loses the respect of the officers and crew who call him behind his back “Old Yellowstain.”  This refers to the time Queeg was supposed to have the Caine escort, at close range, a group of landing craft to a departure spot within a thousand yards of the beach of Kwajalein during an invasion.  But instead of shepherding them in he raced ahead at flank speed and well before the departure distance he dropped a yellow dye marker and veered off to safety.

One of Willie’s fellow officers, Lieutenant Tom Keefer is a budding author, who spends his nights writing the great American war story.  He also detests Queeg and uses his knowledge of psychology to convince the ship’s second in command, Lieutenant Steve Maryk that Queeg is a dangerous paranoiac whose behavior merits action under Articles 184-186 of the Naval Code which specifies the extremely unlikely circumstances under which a captain can be involuntarily relieved of duty by one of his subordinates on account of mental illness.

And finally, during a typhoon Queeg’s behavior reaches a low point where he is frozen in fear as the ship is helplessly tossed around because of his stubborn refusal to veer off of the heading ordered by the fleet command or stabilize the ship by filling the empty tanks with sea water as ballast.  Maryk with the help of Willie as Officer of the Deck relieve Queeg and save the Caine from foundering.  And this sets up the climax of the book, the military trial of Lieutenant Maryk.

Maryk is defended by Lieutenant Barney Greenwald, a navy fighter pilot who is laid up recovering from burns to his hands after cracking up his plane.  He is a highly skilled lawyer and initially refuses to accept the defense until he figures out that Maryk had been set up by the real author of the “Caine Mutiny” Tom Keefer.

Greenwald stakes the whole case on proving to the court that despite the expert testimony of two naval psychiatric experts Queeg truly is mentally ill and was completely disabled during the typhoon.  To do this he demonstrates during the trial Queeg’s cowardice under fire and his dishonesty and incompetence during various crises aboard the ship.  And as the final demonstration of his case, he tricks Queeg into an interminable, rambling and increasingly incoherent rebuttal of the litany of petty actions that Queeg had inflicted on the crew, all the while compulsively rolling a pair of ball bearing in his hand as the naval officers of the court look on aghast.  And Maryk is acquitted after a single hour of recess.

After the acquittal, Keefer uses a part of the thousand dollar advance from the sale of his unfinished novel to host a victory celebration for Maryk at which Greenwald shows up late and very drunk and when asked to give a speech reveals his anger at having had to torpedo Queeg.  He declares that despite his clever defense Queeg was not insane.  He was a terrible officer and a nightmare for his subordinates but well within the acceptable range for naval officers.  Greenwald blames Keefer and calls him the “true author of the Caine mutiny” because he used Maryk to punish Queeg to satisfy his hatred of the military.  He reveals to the rest of the crew that Keefer’s testimony during the trial hung Maryk out to dry.  And Greenwald finishes his speech by throwing his glass of champagne in Keefer’s face and telling him to step outside if he wants to defend his honor.

The rest of the book finishes off Willie’s career in the navy.  Keefer is the next captain of the Caine and shows himself to be very similar to Queeg in his lack of courage and poor command instincts.  But Willie actually matures and in a critical situation, the crashing of a kamikaze plane into the Caine, he saves the ship.  Finally, as the war ends, Keefer’s navy deployment is up and Willie serves as the last captain of the Caine.  He even manages to convince his superiors to allow him to steam the Caine back to the United States and moor it in the New York City area where it will be decommissioned.

Willie tries to take up his romance with Mae but she has found a new beau in the person of a band leader who is in the middle of his second divorce.  The book ends with Willie telling Mae that when she is ready to move on in her life, he wants to marry her and begin a normal life without the music business.  The tenor of the story seems to point to Willie and Mae finally coming together now that he has come through the war years and truly matured.

I’ll start out by saying that I consider this an excellent book.  For me the weakest part of the story is Willie’s relationship with Mae.  Personally, I found both of them annoying and their affair not particularly compelling.  The strongest part of the book is the trial.  It’s remarkable.  I found it riveting.  The way that Wouk writes Greenwald’s performance in the courtroom proves to me that the fighter pilot/lawyer is his true hero in the story.  He has the moral clarity to size up the mutiny situation and triage the victims and identify the villain.  He has sympathy for Maryk and even Queeg and contempt for Keefer.  He does what has to be done but with a bad conscience.  The other characters are drawn in various levels of detail and provide a rich landscape of the World War II navy experience.  Wouk served on two destroyer-minesweepers and it is assumed that there is much autobiographical detail to his tale.  I highly recommend the book.  And the movie that was made from this book is also a gem.