(07-07-2023 08:06 AM)Strut Wrote: (07-06-2023 03:58 PM)JRsec Wrote: (07-06-2023 03:49 PM)XLance Wrote: (07-06-2023 03:37 PM)JRsec Wrote: (07-06-2023 03:21 PM)XLance Wrote: After losing about $1 Billion of market value Disney may be looking to off load the ACCN and their contracts with the ACC and put all of their remaining eggs into the SEC basket if they could find a buyer for the ACC.
You wonder if CBS/NBC could be tempted? Also could ESPN be begging FOX to take their half of the Big 12 obligations?
Recent moves flops have put the Mouse in scramble mode.
Yeah boy, they are in pain. They made a 7-billion-dollar profit last year with ESPN accounting for a nice % of it, just 1.09 billion less than in 2021. Cry me a river! I only made 7 billion last year, a 3% increase overall, but one of my chief revenue producers was down 1 billion. Where's the window I have to toss myself out! Woe is me! It's so absurd!
People here act like ESPN is going broke and Disney with it. They aren't! Streaming is deflating many balance sheets. That's a look before you leap issue which is squarely on the Disney brass.
I guess the ESPN lay offs were unnecessary? Just for show?
I would be crying a river if I owned a Company that had lost 35% of it's market value over the last year and the stock had just been downgraded.
Do you remember the banking crisis of 2007-8? Well corporate global multinationals may soon say to you, "Hold my beer! You ain't seen nothing!" The global Boomer wind down is on, and China, all of Europe, Japan, and most of Asia will be impacted along with the U.S.. With the Boomers the largest amount of disposable income will disappear as well. The lexicon will become familiar with phrases like, "meager existence" once again.
It's a good thing the SEC has a new contract. I'd hate to be negotiating one right now. 2030 may well be too soon for another. By 2036 everyone in college sports, SEC included, will have a downward trajectory.
I'll simply settle for a gear up landing and take my chance with the fuselage. It beats auguring in!
As I write this in the shadow of the Mouse-- so you're saying that Apple will be able to get Disney on sale while throwing in lifetime independence for Notre Dame as a tip 
If Tim Cook is sentimental about his former alma maters maybe. I love sports, enjoyed playing them and enjoy watching them. Thats not my grandkids. I had the money to watch them. They don't. I had the time and social encouragement to play them. They don't. Not only are we about to experience a major demographic shift globally, but because of inflation, those succeeding my generation don't have the disposable income we had. What really made the Boom so successful was that the dearth of eligible males to marry following WWII and the immediacy those returning felt about getting a family started, created the best labor market possible, and coincided with the real launch of consumer credit. It had been around for decades, but home loans, car loans, and a mentality possessed by those who fought the war of just how brief and unpredictable life is, led to a confluence of cultural changes where waiting until you could afford things seemed pointless. Now the generation who fought the war grew up with the depression, many didn't trust banks, because their parents dang sure didn't, so those who fought the war put aside their parents hard learned lessons and jumped into life when they got back, and while the it took some time for the 50's to acclimate to their return the GI Bill filled the schools, labor helped relaunch industry, domestic goods and services flourished as people moved to the jobs, mostly in the Northern Midwest where industry was located for ease of transportation and for safety purposes during the two World Wars, and what you saw in the show Happy Days was born out of it.
Now the opposite conditions exist. We currently have labor, whether native or imported, but thanks to the GI Bill turning into the Pell Grant and then the blossoming of Student Loans we have inflation, not cheap durable goods, to manage that jobs were sent to cheap labor markets overseas, so industrial jobs are not plentiful leaving cubicle work for those likely working below their expectations, and the whole dang thing now that Boomers are retiring, and beginning a decade and a half die off, is that what is being left is too expensive for the younger, mostly corporately owned, and the debt is massive not only to support ageing boomers but because government has gotten too involved in tinkering with peoples lives and buying votes, and that's both sides of the aisle.
So instead of inheriting a world that needs a lot of labor they are inheriting a world that needs a lot of engineers to fix things. And craftsman to to fix and build basic things. What it doesn't need is a lot of college educated people who are not in medicine, not engineers, and have social science degrees.
It takes all those generations have to make ends meet, and sports is a luxury, debt a constant, and that mixture isn't conducive to continued gains in the sports entertainment market whose bubble is beginning to pop.
Chances are Apple could pick up some bargains, maybe even ESPN, but a cost benefit analysis would be interesting to read. My bet is that those in government will find that having a go to distraction like College and Professional Sports is a useful tool for an unhappy electorate. I bet the Sports industry winds up reduced, but subsidized for the same reasons the Romans held onto the Coliseum. An entertained public given the basic necessities doesn't revolt. But that doesn't mean it will be profitable. It means that something which was once beloved is kept up for the social value, and not the intrinsic one. And the gambling industry is significant.
They will pay fewer schools to play college football, pay them more, to keep the game alive, and provide an entry league to feed the NFL, and that will survive. It won't thrive for the economic reasons laid out. Think of it like the young folks do the Hunger Games series. And then watch the old Rollerball where corporations kept all of this up for the sake of advertising and control of the public. Then it will make sense to you. The ideas are old, reflective of a society in decline, and somewhat appropriate to the point.
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How to finance ND’s move from the ACC to the B10
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