I heard a radio news story a few days ago saying that Disney+ streaming service has exceeded Disney's expectations with over 86-million subscribers so far. (Initial projections were for 60- to 90-million subscribers by the end of
2024!)
With legalized marijuana in most of the US states and everybody zoning out on Disney+, I doubt that anyone will care about... well, about much of anything, let alone the travails of an author who wrote movie spin-off novels back in the 1980s. Keep the public uninformed and compliant, that's what a political operative was quoted as saying during the last election cycle. Well, that's what Disney is doing, that's what the entire political elite of both parties are doing, and we're all complicit in it every time we consume anything churned out by the Disney Empire. But what does it matter, because, really, what do we have to look forward to? Masks, lockdowns, censored media content, suppression of speech (and thought), but oh well, we have
The Mandalorian on Disney+... and weed. Whoopee!
I went through a Disney phase back in my high school years, but I gave up on the corporate monster they became a long time ago.
Here's a partial list of the (mostly media) major assets owned by Disney as of 2019:
https://www.titlemax.com/discovery-cent ... worldwide/(Despite what that article claims, the Disney-Fox merger did
not include Fox Sports or Fox News.)
Through their Steamboat Venture subsidiaries, Disney invests heavily in China-based media technology companies.
Is it mere coincidence that the flow chart illustrating the article uncannily resembles...
the Death Star?I'd like to think that not buying from the Disney Store, not flipping on the Disney Channel, or avoiding the ABC Network will make a difference, but Disney has planned for that eventuality through massive diversification and even more massive accumulation. It's almost impossible to avoid putting pennies in to Disney's pocket because they almost literally own
everything! I mean, Disney owns a 50% stake in The History Channel? I did not know that until just now. That means every time I watch pretty much the one show I watch regularly,
The Curse of Oak Island, I'm just another set of eyeballs on another ad that's supporting the Disney Empire.
It's very possible that the legal fees in the Foster case are costing Disney more money than paying the royalties would. I suspect the idea here is to set a legal precedent. Once they get the courts to uphold their argument, Disney will have legal precedent to stop paying other authors and creators... and their estates. Short term, it may be costing them money, but the long game will be very, very profitable.
George Lucas was a very smart man, selling the whole Lucasfilm kit and kaboodle to Disney for cash. The guy who created Darth Vader knows how evil empires work. Two billion in
cash, and another two billion...
billion with a
B... in Disney stock. Insurance, you see. If Disney somehow cheated him out of the stock (which they kind of did by immediately issuing 40-million additional shares following the sale, in effect watering down the value of the existing stock), Lucas still had his cash. As it is, Disney has profited hugely from the Lucasfilm acquisition (thanks in no small part to all the people signing up to Disney+ to watch
Star Wars spinoffs), so Lucas has probably done okay with his stock.
Didn't work out so well for Foster, whose contract was originally with Lucasfilm, and probably for a lot of small fry whom we've never heard of, and who can't afford to fight The Mouse in court.
Once this case is settled,
nobody will be able to fight The Mouse in court.
The conspiracy theorist in me is tempted to add:
If we all continue to be locked down at home, with restaurants and clubs and bars and theaters and parks and zoos and libraries closed, this is nothing but good news... meaning, profitable... for all the media companies, but in particular for surging subscription streaming services like Disney+. Can we really expect honest news from ABC or other Disney-owned "news" outlets when the parent company benefits from lockdowns and mandates and restrictions? But that would sound kind of nutty, wouldn't it? So let's say I didn't actually include this last bit.