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Oop's
— Dcmfox (@dcmfox.bsky.social) 2025-09-20T18:02:47.850Z
Blue Owl
(58,236 posts)
Jack Valentino
(4,440 posts)Mr.Bee
(1,668 posts)BS walks
eShirl
(20,094 posts)seems a bit much imho
dcmfox
(581 posts)Bernardo de La Paz
(60,320 posts)dcmfox
(581 posts)AI Overview
On September 17, 2025, ABCowned by Disneysuspended Jimmy Kimmel Live! after the host made remarks about the killing of conservative activist Charlie Kirk. Following the suspension, Disney's market value reportedly dropped by nearly $4 billion amid calls for boycotts and subscription cancellations from both conservatives and Kimmel supporters.
Bernardo de La Paz
(60,320 posts)You could have gotten the facts as easily as I did.
ProfessorGAC
(75,898 posts)Since market open at September 18 ($115.25) to close on Friday September 19 ($113.40) they saw a $1.85 per share drop.
At roughly 1.8 billion shares outstanding that's $3.5 billion.
Not exactly $4 billion but not ridiculously inaccurate.
wolfie001
(7,183 posts)If there's a .50 on a line on my tax form, I round it up to the nearest whole number. So, $3.5 billion rounded up to the nearest whole billion is $4 billion. Simple math.
Go Jimmy! Also: F6ck these sell-out bootlicker corporations.
eShirl
(20,094 posts)SickOfTheOnePct
(8,710 posts)...from close on Tuesday and close on Friday...never an exact science, but looked to be a bit less than $3B, which is ~1% of their value.
Groundhawg
(1,205 posts)How much money has Disney lost from Jimmy Kimmel?
Disney's market value reportedly dropped nearly $4B after suspending Jimmy Kimmel's show.7 hours ago
Bernardo de La Paz
(60,320 posts)dcmfox
(581 posts)Disney makes most of its money on subscribers, they have lost 700k, does that help?
Bernardo de La Paz
(60,320 posts)Disney makes most of its money from Sports and Experiences (theme parks). Money from Entertainment is only partly subscribers since movies in theatres, DVD/Blueray sales, and merchandise also account for a lot.
https://www.statista.com/statistics/1095372/disney-plus-number-of-subscribers-us/
700k is a drop in the bucket out of 126000k (126 million). Disney lost over 38000k (38 million) subscribers in less than three years.
thesquanderer
(12,905 posts)ABC, Hulu, FX, A&E, Lifetime, ESPN, Marvel Studios, Pixar, Lucasfilm (Star Wars)...
https://en.wikipedia.org/wiki/Disney_Entertainment
Bernardo de La Paz
(60,320 posts)sl8
(17,019 posts)That's worthless as a source.
Groundhawg
(1,205 posts)CousinIT
(12,297 posts)Ping Tung
(4,151 posts)kimbutgar
(26,903 posts)And itll be interesting to see if the park attendance goes down.
ashredux
(2,880 posts)Bernardo de La Paz
(60,320 posts)Presumably the post is based on some kind of stock valuation. There are multiple problems with it.
1) The stock owners own the stock, not the company.
2) Stock is an unrealized asset. It is worth only what it can be sold for at the time of the sale.
3) The stock market was closed overnight. Sept. 20 is Saturday.
4) Stock trading on the shoulders 4-8 pm and 5:30 to 9:30 am is "after-market", not the actual market. Trades are much more expensive than during the day, so it is a lousy indicator of what trading will be the next day.
5) Disney closed at 115.23 on the 16th.
Disney cancelled Kimmel on the 17th (Wed.).
Disney closed at 116.10 on the 17th, up 0.87, a gain in market cap of $1.57 billion.
Disney closed at 113.76 on the 19th, down 1.47 from Tues, a loss of market cap of $2.64 billion in three days.
Hardly overnight. Only 1.29 %. In two days in April, Disney lost 10.4% of its value.
fujiyamasan
(1,256 posts)I was about to check the stock price and market cap to see what this was referring to.
I hate posts like that on Blue sky. There was literally no source or context (what does loss even mean here?) and they could just as well have been making up the numbers.
fujiyamasan
(1,256 posts)Im sorry but these are simply not sources I would follow for financial information.
Im still not understanding why a 1-2% drop in stock price over a few days is a big deal. If it fell a few percent overnight, it was likely on low volume anyways.
I saw the price dropping over a few days, but its not clear if its in anticipation of subscribers dropping or just an aversion of Disneys involvement in politics after the Florida conflict with desantis a few years ago.
Im not saying Disney has handled this well. Not at all. Im just saying when we discuss numbers they need to be legitimate and sourced correctly.
Response to fujiyamasan (Reply #44)
Post removed
It's simple math.. stock prices went down 2%.. market cap was 208 billion, and it's now 204 billion. They lost 4 billion in market cap valuation
progressoid
(52,633 posts)It took a much bigger hit when Trump started ranting about tariffs.
Buddyzbuddy
(2,175 posts)Keep on keeping it real.
Grim Chieftain
(1,293 posts)Nigrum Cattus
(1,242 posts)Don't stop now
Stick it in and break it off
rzemanfl
(31,166 posts)This whole administration is a scam inside a massive psyop.
ReRe
(12,180 posts)rzemanfl
(31,166 posts)was. There is nothing about TSF that is usually benign.
SSJVegeta
(2,401 posts)The egg is on their face and truth is disney can and should get canceled if they dont admit their mistake
Fla Dem
(27,438 posts)Greg_In_SF
(893 posts)would have been more than 2%. Still worth $200 Billion according to the interwebs.
Omnipresent
(7,316 posts)Hopefully the people in charge can figure that one out!
Wiz Imp
(9,088 posts)Omnipresent
(7,316 posts)Disneys legal department is fucking Disney!
BlueKota
(5,062 posts)but he said Iger and the rest of the leadership at Disney made a huge mistake in suspending Kimmel. He said that they should have called Carr out and stood up for free speech.
Wiz Imp
(9,088 posts)So they are struggling to figure out how to move forward from here.
BlueKota
(5,062 posts)and their talent pool as well.
Oeditpus Rex
(43,094 posts)a fuck -up.
aeromanKC
(3,830 posts)Could be $4 billion is just a drop in the long term bucket. Regardless, they lost my now money.
Wiz Imp
(9,088 posts)C_U_L8R
(48,954 posts)But the lack of principles is priceless.
Way to go, Big D.
republianmushroom
(22,125 posts)Fuck the duck, Donald Duck, that is.
Native
(7,309 posts)red dog 1
(32,562 posts)Haru
(55 posts)Disney does not support 1st amendment
raccoon
(32,232 posts)flvegan
(65,835 posts)THAT is the interesting thing about this post.
Wednesdays
(21,660 posts)And I agree that the numbers seem suspicious.
But I agree with the premise: that if the boycott is the beginning of a trend, then yeah, it's going to cost Disney big time.
BlueKota
(5,062 posts)called She Wolf. She urged people to drop their subscription. I admit I have never heard of her or the show, but it's a indicator of how much bad will this decision created for Disney, when their own talent is telling people to stop subscribing. It will be interesting to see if more if them will follow her lead. I read a lot of people are urging people not to go to any of Disney related movies this summer either.
thesquanderer
(12,905 posts)She-Hulk was a Disney+ series. She's not currently involved in any Disney project AFAIK.
https://en.wikipedia.org/wiki/Tatiana_Maslany
BlueKota
(5,062 posts)I didnt realize she no longer worked for them.
MrWowWow
(1,461 posts)Not even if Mickey finally went down on Minnie (on the secret Disney X channel) would those billion$ in lost revenue EVER come back!
SickOfTheOnePct
(8,710 posts)billions in lost revenue?
calguy
(6,071 posts)Their stock lost value, as would be expected after the news, but stocks fluctuate all the time, depending on a variety of factors., like earning statements,and in this case, a negative news event. A year from now it will simply be a blimp on the stock chart.
There was a lot of talk about how much Elon Musk lost when he was messing around with government affairs, and while Tesla stock tanked significantly during that period, the stock has recovered all of its losses and is significantly higher today than it was before the election. So in the long run, stock valuations only affect those who decided to sell the bad news, when Disneys fundamentals havent really changed all that much. Whatever losses the stock suffered short term, it will probably make up in the months ahead.
58Sunliner
(6,273 posts)Starlink is the real money maker, along with corporate welfare and govt contracts.
dlk
(13,128 posts)n/t
KentuckyWoman
(7,375 posts)I will miss MASH on Hulu but there is plenty to watch elsewhere. Also sold my little bit of stock in A&E, Lifetime, History and FX ... all owned by Disney.
Made some money on the stock sale. There is a local shelter that specializes in helping homeless LGBTQ teens. I have given the profit to them.
Joinfortmill
(20,204 posts)poozwah
(394 posts)get rid of the rat in your house.