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<blockquote data-quote="Epsilon" data-source="post: 2068105" data-attributes="member: 186921"><p>Where do you see that the media companies are bleeding money? Just curious.</p><p></p><p>I did look up Disney and Fox and one thing that stood out to me is their net income numbers relative to the B1G and SEC contracts, which are $1 billon and $700 million annually, respectively, if one of the articles I posted is to be trusted. Disney’s net profit was $2.4 billion while Fox earned $1.2 billion in 2023. Seems like there would be a huge incentive to try to negotiate those contracts downward at some point. They really do seem pretty bloated atm. The question I have is what does that mean for schools that have been doing gargantuan renovation or stadium rebuilds predicated on the assumption that that level of money would continue indefinitely…?</p><p></p><p>[URL unfurl="true"]https://www.macrotrends.net/stocks/charts/DIS/disney/net-income#[/URL]</p><p></p><p></p><p>[URL unfurl="true"]https://www.macrotrends.net/stocks/charts/FOX/fox/net-income#:~:text=Fox%20Net%20Income%202018%2D2023%20%7C%20FOX,-Prices&text=Fox%20net%20income%20for%20the%20twelve%20months%20ending%20December%2031,a%2043.95%25%20decline%20from%202021.[/URL]</p></blockquote><p></p>
[QUOTE="Epsilon, post: 2068105, member: 186921"] Where do you see that the media companies are bleeding money? Just curious. I did look up Disney and Fox and one thing that stood out to me is their net income numbers relative to the B1G and SEC contracts, which are $1 billon and $700 million annually, respectively, if one of the articles I posted is to be trusted. Disney’s net profit was $2.4 billion while Fox earned $1.2 billion in 2023. Seems like there would be a huge incentive to try to negotiate those contracts downward at some point. They really do seem pretty bloated atm. The question I have is what does that mean for schools that have been doing gargantuan renovation or stadium rebuilds predicated on the assumption that that level of money would continue indefinitely…? [URL unfurl="true"]https://www.macrotrends.net/stocks/charts/DIS/disney/net-income#[/URL] [URL unfurl="true"]https://www.macrotrends.net/stocks/charts/FOX/fox/net-income#:~:text=Fox%20Net%20Income%202018%2D2023%20%7C%20FOX,-Prices&text=Fox%20net%20income%20for%20the%20twelve%20months%20ending%20December%2031,a%2043.95%25%20decline%20from%202021.[/URL] [/QUOTE]
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