The Mayor and Corporation / Have declared such jubilation / ‘Cos the stork has brought / A son and daughter / For Mr. and Mrs. Mickey Mouse / Pluto’s giving a party / And before the fun begins / He’ll present a golden dollar / To the father of the twins — Mickey’s Son and Daughter, written by Tommie Conner and Eddie Lisbona, as recorded by the Bonzo Dog Doo Dah Band 1967.
To no one’s surprise, last week The Disney Company “furloughed” 100,000 workers due to ramifications of the coronavirus plague, a move which is supposed to save The House of Mouse some $500,000,000 a month.
As horrific it is to at least 100,000 families, this is understandable. Disney makes movies, but most theaters are closed… for the moment. Disney operates theme parks, which also are closed… for the moment. Their many television operations are doing fine (well, ESPN not so much) because reasonable people are trapped at home.
I suspect their overall advertising revenue might be down some. However, I should note cable teevee revenue is less dependent upon advertising than it is on payments from cable operators, and streaming revenue is not particularly ad-dependent. Still, Uncle Scrooge doesn’t have quite as deep a money bin as he did last New Year’s Day.
You are most likely aware of many of the company’s jewels. To name but a few: the Disney movie and television empires, the Disney theme parks worldwide, ABC television, the Disney Channels (there are several), the Disney Plus streamer, Marvel Comics, Lucasfilm, The Simpsons, Pixar, Disney Radio, the Muppets, Narnia, the Disney Cruise Line, 80% of ESPN, half of A&E, half of Lifetime, 10% of Vice Media, and enough merchandising and licensing operations to warrant a seat at the United Nations Security Council. Continue reading “Brainiac On Banjo #083: Why Mickey Mouse Only Has Four Fingers”