Nolte: Disney Still Billions in Hole 12 Years After Lucasfilm Purchase

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Nolte: Disney Still Billions in Hole 12 Years After Lucasfilm Purchase
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Last month, the Disney Grooming Syndicate told stockholders the company has “generated a 2.9 times return on the purchase of Lucasfilm.” According toThe idea behind releasing that lie was to prop up Disney CEO Bob “The Groomer” Iger, who was facing a stockholder rebellion he eventually won, thanks to lies like

As revealed, the methodology is questionable as Disney based the ROI on the revenue generated by the movies, merchandise, DVDs and Blu Rays rather than the profit they made as it should have done. Using the revenue rather than the profit artificially inflates the result as it doesn’t factor in the costs that Disney had to pay out.

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