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Just spoke with a friend who is employed in a management capacity by Disney...

YourPittDanceTeam

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Dec 8, 2010
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and he told me that "Walt Disney Parks and Resorts", is giving serious thought to closing down all of its operations until January 2021.
If Disney follows through and shuts down its operations for the entire year, that will be the kiss of death for sports fans around the country. There is no way that politicians will allow large groups of people to sit right next to each other at any sporting event for the rest of this year.
I hope that this does not happen. but it seems more likely with each passing day.
 
So Disney is losing 30 million dollars per day and they decided "Oh well, what the heck, let's just shut it down until next year"

https://www.nytimes.com/2020/04/12/business/media/disney-ceo-coronavirus.html


tenor.gif
 
Just picked up the following from Fauci.

Fauci added. “Even with that, I cannot see a return this year to what we consider ‘normal.’ “

Fauci said that doesn’t mean baseball can’t return to play a truncated season. But even with the most optimistic coronavirus projections in mind, he thinks it would involve severely limiting the number of fans in the stands, spreading out seating for social distancing, and probably forcing spectators to wear masks or facial coverings.

“I think quite likely, although it’s always dangerous to predict, I think it’s more likely that you’re going to have more of a television baseball than a spectator baseball,” Fauci said.

Just FYI
 
Just picked up the following from Fauci.

Fauci added. “Even with that, I cannot see a return this year to what we consider ‘normal.’ “

Fauci said that doesn’t mean baseball can’t return to play a truncated season. But even with the most optimistic coronavirus projections in mind, he thinks it would involve severely limiting the number of fans in the stands, spreading out seating for social distancing, and probably forcing spectators to wear masks or facial coverings.

“I think quite likely, although it’s always dangerous to predict, I think it’s more likely that you’re going to have more of a television baseball than a spectator baseball,” Fauci said.

Just FYI

Bingo! Same goes for football.
 
There is a liability question buried in the calculus (wait til hospital employees and their families head to court over the lack of protective gear). If you're Disney, you don't need to be a source of the spread. Remember that time Chi Chi's had people get sick from the food and it cost them everything? But imagine how hard it would be for them to maintain proper social distancing and clean things properly. The other issue is that the critical infrastructure that funnels people to their parks isn't functioning well. Airlines, trains, hotels...so only a limited number of people will be able to make it and many more won't even try. No point in operating at a loss, either.
 
and he told me that "Walt Disney Parks and Resorts", is giving serious thought to closing down all of its operations until January 2021.
If Disney follows through and shuts down its operations for the entire year, that will be the kiss of death for sports fans around the country. There is no way that politicians will allow large groups of people to sit right next to each other at any sporting event for the rest of this year.
I hope that this does not happen. but it seems more likely with each passing day.
Major sports will not make their decisions based on Mickey Mouse. They will make their decisions based on their own pocketbooks.
 
and he told me that "Walt Disney Parks and Resorts", is giving serious thought to closing down all of its operations until January 2021.
If Disney follows through and shuts down its operations for the entire year, that will be the kiss of death for sports fans around the country. There is no way that politicians will allow large groups of people to sit right next to each other at any sporting event for the rest of this year.
I hope that this does not happen. but it seems more likely with each passing day.
still do not understand why you cannot have pro or college sports played with very few or no fans...no sure what Disney not having folks packed in lines and on rides and attractions has to do with a fan free competition broadcast on tv. Heinz Field can easily admit 20,000 well spaced fans for a football game..
 
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One can argue social distancing can be controlled at a ballgame.

How do u control social distancing at disneyworld?
True. My skepticism is in regards to a possible discussion in April about shutting down until January. If there is any possibility of opening, they will do it... That's a last resort option...
 
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True. My skepticism is in regards to a possible discussion in April about shutting down until January. If there is any possibility of opening, they will do it... That's a last resort option...
last "resort" option? I see what you did there...
 
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Protecting the brand.

Pay attention to those industry leaders who make business decisions based on science and facts vs political reasons or emotion and you'll get the real picture.

Not exactly.

Corp Risk Management plays a large role in decisions like this.

Businesses make fact based decisions all the time which are also impacted by other factors.

They also consider politics, emotion, public opinion and perception.

Their liability insurance carriers weigh in bigtime on these types of decisions.

The facts may say open up.

Regardless of the facts imagine attempting to convince jurors that Disney wasn't responsible for customer sicknesses and deaths especially given the misinformation mixed in with the facts floating around.

You couldn't find Objective jurors anywhere in the developed world for Covid litigation.
That would force Disney to settle every Covid case.


Corp 3rd party liability insurers dont like potential big $ claims that could end up in the laps of jurors, they settle those claims, so they're probably giving Disney shutdown recommendation until probabilities move in their favor.

Insurance carriers want to stay in business so Disney may be uninsurable at this time and it may have nothing to do with facts.
Most 3rd party insurers Exclude events like Pandemics, Acts of God, from coverages.
So it may have little to do with HC facts.

This could apply to sports teams but they can open with no fans or potential litigants.
Disney Can't!
 
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Not exactly.

Corp Risk Management plays a large role in decisions like this.

Businesses make fact based decisions all the time which are also impacted by other factors.

They also consider politics, emotion, public opinion and perception.

Their liability insurance carriers weigh in bigtime on these types of decisions.

The facts may say open up.

Regardless of the facts imagine attempting to convince jurors that Disney wasn't responsible for customer sicknesses and deaths especially given the misinformation mixed in with the facts floating around.

You couldn't find Objective jurors anywhere in the developed world for Covid litigation.
That would force Disney to settle every Covid case.


Corp 3rd party liability insurers dont like potential big $ claims that could end up in the laps of jurors, they settle those claims, so they're probably giving Disney shutdown recommendation until probabilities move in their favor.

Insurance carriers want to stay in business so Disney may be uninsurable at this time and it may have nothing to do with facts.
Most 3rd party insurers Exclude events like Pandemics, Acts of God, from coverages.
So it may have little to do with HC facts.

This could apply to sports teams but they can open with no fans or potential litigants.
Disney Can't!
Yep nfl games with no fans have nothing to do with disney where they need 10k visitors to break even.
 
I don't see amusement parks open up until there is a vaccine or treatment. Same with fans in the stands. I do think sports can start up but no fans until vaccine/treatment.
 
I don't see amusement parks open up until there is a vaccine or treatment. Same with fans in the stands. I do think sports can start up but no fans until vaccine/treatment.
Sports will have fans prior to a vaccine.
The virus can be managed especially when the numbers are on the way done.

J&J's Chief Scientific Officer reported the are fifteen major treatments that will be out prior to a vaccine, with three in the near term.

Oh yes.Not all by J&J so dont run out and buy the stock.
He was presenting Covid The True Story vaccine and treatment potential which is different from the fiction you hear on cable news.
 
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There is a liability question buried in the calculus (wait til hospital employees and their families head to court over the lack of protective gear). If you're Disney, you don't need to be a source of the spread. Remember that time Chi Chi's had people get sick from the food and it cost them everything? But imagine how hard it would be for them to maintain proper social distancing and clean things properly. The other issue is that the critical infrastructure that funnels people to their parks isn't functioning well. Airlines, trains, hotels...so only a limited number of people will be able to make it and many more won't even try. No point in operating at a loss, either.

chi-chi's was the best. fried ice cream was glorious.

the sad thing about their demise is that it wasn't their fault.
 
Sports will have fans prior to a vaccine.
The virus can be managed especially when the numbers are on the way done.

J&J's Chief Scientific Officer reported the are fifteen major treatments that will be out prior to a vaccine, with three in the near term.

Oh yes.Not all by J&J so dont run out and buy the stock.
He was presenting The Covid True Story which is different from the fiction you hear on cable news.

I said vaccine/treatment. Yes, if a treatment is developed that drastically reduces the chances of death, then fans will be able to come to games but this probably will not happen until early 2021 at best
 
I said vaccine/treatment. Yes, if a treatment is developed that drastically reduces the chances of death, then fans will be able to come to games but this probably will not happen until early 2021 at best

With your 2021 forecasts you're really routing for the virus.

We're smarter than that. Well most of us.

Treatments will be out way before 2021.
Near term.
Vaccine later not near term.
That was in my previous post.
 
With your 2021 forecasts you're really routing for the virus.

We're smarter than that. Well most of us.

Treatments will be out way before 2021.
Near term.
Vaccine later not near term.
That was in my previous post.

OK. When can fans attend? I said early 2021. Now you go.
 
With your 2021 forecasts you're really routing for the virus.

We're smarter than that. Well most of us.

Treatments will be out way before 2021.
Near term.
Vaccine later not near term.
That was in my previous post.

Imo they can attend soon. July.

I have no idea when the powers in charge decide to let them attend.
Before that depending on the sport.
Outdoor sports earlier.
 
There are multiple treatments being tested now and people are still dying (not saying they are not working, but there may not be something out there that has 100% accuracy). That being said I have been waiting for a long time for them to release some information from all these trials and studies they are running (and I mean the official larger trials going that went on in NY and Michigan). Seems to be taking a long time.

Also, not a sure bet a vaccine can be developed quickly or even work. Places need to start thinking in terms of a plan b if a vaccine can not be developed soon.
 
There are multiple treatments being tested now and people are still dying (not saying they are not working, but there may not be something out there that has 100% accuracy). That being said I have been waiting for a long time for them to release some information from all these trials and studies they are running (and I mean the official larger trials going that went on in NY and Michigan). Seems to be taking a long time.

Also, not a sure bet a vaccine can be developed quickly or even work. Places need to start thinking in terms of a plan b if a vaccine can not be developed soon.
The treatments or vaccines wont help the people with three comorbidities in front of Covid.
They die now from the flu.

Very few completely healthy people die from Covid or the flu.That's a fact.Unhealthy people die from both.

This guy mentioned there's 120 vaccine possibilities and 15 near term treatments.

When they dig in they find underlying conditions especially with the young people who die.Everyone assumes young people are healthy, many don't know much about their health since they don't get comprehensive physicals.
It was mentioned young people and vaping is an unknown when it comes to Covid.How much damage did that do?
 
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Keep in mind it only took one NBA player testing positive for the whole world of sports and probably the country to shut down. What happens when sports resume and someone else tests positive?
I think we have to get beyond that because that will happen forever just like people get the flu and other viruses each year.

We should be in a better position to manage Covid just like all the other viruses.

But you're right the first time that happens some people's hair will be on fire.
 
Imo they can attend soon. July.

I have no idea when the powers in charge decide to let them attend.
Before that depending on the sport.
Outdoor sports earlier.

I am asking when you think fans WILL attend?

So....baseball in July? Football in September?
 
Keep in mind it only took one NBA player testing positive for the whole world of sports and probably the country to shut down. What happens when sports resume and someone else tests positive?
This......and also the NFL owners and commissioner have no say so about playing. Governors etc have more power over sporting events etc. People who want football played don't understand the consequences until more of this virus is known. People start going to games etc your opening up Pandora's box.
 
The precedent has been set by, of all people, NBA commissioner, Adam Silver. What happens if students show up on college campuses this fall and one of them tests positive? What if the high schools resume classes in the fall and one student tests positive? The world will never be the same.
 
I don't see amusement parks open up until there is a vaccine or treatment. Same with fans in the stands. I do think sports can start up but no fans until vaccine/treatment.

LOL - You and many of the chicken little's on here amaze me. Things aren't going to stay shut down til there is a vaccine. Things are opening up now.

You can't eliminate all risk. Economically the country could not survive.
 
LOL - You and many of the chicken little's on here amaze me. Things aren't going to stay shut down til there is a vaccine. Things are opening up now.

You can't eliminate all risk. Economically the country could not survive.
Agreed. It’s certainly easy to preach stay at home when you have the money and opportunity to pay the bills.
 
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LOL - You and many of the chicken little's on here amaze me. Things aren't going to stay shut down til there is a vaccine. Things are opening up now.

You can't eliminate all risk. Economically the country could not survive.

That's great. How about you dispute my post and make your own prediction? Kennywood this summer?

Things are opening up but there will be 0 mass gatherings until a vaccine/effective treatment
 
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Sports will have fans prior to a vaccine.
The virus can be managed especially when the numbers are on the way done.

J&J's Chief Scientific Officer reported the are fifteen major treatments that will be out prior to a vaccine, with three in the near term.

Oh yes.Not all by J&J so dont run out and buy the stock.
He was presenting Covid The True Story vaccine and treatment potential which is different from the fiction you hear on cable news.

J&J? The same Johnson & Johnson that aggressively pushed Oxycontin to people, that didn't need it, for a huge profit and has been getting crushed in court?
 
That's great. How about you dispute my post and make your own prediction? Kennywood this summer?

Things are opening up but there will be 0 mass gatherings until a vaccine/effective treatment
Your correct it's about mass gatherings. Some on here just dont understand that.
 
Agreed. It’s certainly easy to preach stay at home when you have the money and opportunity to pay the bills.
I work and live within my means and don't live check to check. I have learned from past mistakes about overspending not saying you do but just in general.
 
Agreed. It’s certainly easy to preach stay at home when you have the money and opportunity to pay the bills.

There are ways we could be doing better as a society. Giving people $1200 and telling them it needs to last 10 weeks probably isn't one of them. Look at what governments spent in other industrialized nations to keep people from economic hardship. We could be better but only a tiny part of the bailout went to the average Joe. Most went to corporations.
 
There are ways we could be doing better as a society. Giving people $1200 and telling them it needs to last 10 weeks probably isn't one of them. Look at what governments spent in other industrialized nations to keep people from economic hardship. We could be better but only a tiny part of the bailout went to the average Joe. Most went to corporations.
Totally agree
 
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Your correct it's about mass gatherings. Some on here just dont understand that.
There will be mass gathering soon.
There has to be.

Our economy can't function with 0 mass gathering and wont wait until 2021.

Healthy people dont die from Covid or the flu and we're in the process if learning how to deal with Covid pre vaccine.

When they report a healthy person died from Covid for sensational news someone always days later tells the real story the person had underlying conditions. That's fact.

There won't be Zero risk or even close, people will still contract covid, and some with comorbidities will still die.
That's life.

The Nj and other beaches will be open, boardwalks, parks, golf courses, casinos all this summer.
 
There are ways we could be doing better as a society. Giving people $1200 and telling them it needs to last 10 weeks probably isn't one of them. Look at what governments spent in other industrialized nations to keep people from economic hardship. We could be better but only a tiny part of the bailout went to the average Joe. Most went to corporations.

Fact check - False

Category Total Amount Share of the Package
Individuals / Families $603.7 billion 30%
Big Business $500.0 billion 25%
Small Business $377.0 billion 19%
State and Local Government $340.0 billion 17%
Public Services $179.5 billion 9%

And the small business program is essentially money for individuals because the qualification for having it forgiven is a business has to keep those employees on their payroll - so basically half for individuals

The big business component is loans - not grants

https://www.visualcapitalist.com/the-anatomy-of-the-2-trillion-covid-19-stimulus-bill/
 
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