Actually, the Disney stock dipped about 6% the day the movie got
bombed by the critics...but in truth, movies are a -tiny- part of
the Disney empire. Compare ARMAGEDDON's cost to the $19 billion
Disney invested in ABC-TV, or the over $2 billion they'll take in
this calender year just from their Orlando theme parks (and that
doesn't count their hotels and cruise ships down there), or the
fact that they net about $175 million per title on videotape. What
ARMAGEDDON loses will be a drop in the bucket compared to what Disney
lost with its French theme park in its first couple of years of
existence...and you'll notice that the company's still in business.
-- Mike Resnick
|