Quote:
Originally posted by Mike Norton
Now what fairy wonderland are you living in.
Disney not turn a profit? I own Disney stocks and I know if disney started to do this they would lose all the trust in there Stock holders.
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I thought that it was obvious that I was talking only about Disney's relation to the FIRST National Championship event, and not about how Disney makes it's billions during the rest of the year. Now I have not seen the numbers, but I am quite certain that Disney is taking an initial economic hit (which is then probably made up for by the publicity gained from the event). I am also not arguing that Disney is being purely philanthropic; Obviously they want the extra dollars gained from the FIRST publicity to outweigh their costs for putting in the event.
I guess the fairy wonderland that I'm living in is one where oligopolistic firms seek a long run supply/demand equilibrium point that at least breaks even.