D&D merch is, IME, much more ubiquitous, however.
Agreed but I think it tried to cram too much into one season. It tried to cram in themes that She Ra developed over multiple seasons in to a single season.
There is also a thing called a business judgment rule, which means that if investors take the board to court to say that instead of doing A, the board should be doing B, the court will throw up its hands and say “damned if I know” and punt the whole thing back to the board.
Teela was always a more interesting character.
The Teela arc was fine but the rest were undercooked.
Bingo.
Magic Arena was put on phones, and WotC revenue doubled immediately. Now, "post hoc, ergo hoc" is a fallacy, correlation is not causation, etc... but WotC has credited Arena with the jump in revenue.
And for those that don't know, the business judgment rule is the principal that that default assumption is that management is acting in the interest of the corporation and its investors. It's to prevent frivolous lawsuits from investors based on corporate officers not making optimal decisions.
The share that investors take through dividends isn't usually the problem (occasionally dividends become an issue on corporate finances, but it's rare). Investors who would be happy to get a reasonable return on their investment over the long term via a dividend payout are the perfect investors - they front the money and get their money back with interest over the long term. They're also as rare as ... not unicorns but maybe a red wolf or a California condor - not extinct but endangered.
Look at the P/E ratio of basically all stocks that are even close to investment grade today. They are all MANY MANY multiples of anything that would allow someone to come out ahead by buying equities for the dividends. There is literally not one single stock on the NASDAQ or NYSE that isn't toxic, or a penny stock, that will return you even 2% that way. Thus we must conclude ALL INVESTORS today are speculators. Many may be 'bad' speculators who are clueless and just hold things, what we call 'dumb money', but they're still speculating! If you want to earn dividends, you are 100x better off buying a Money Market fund, and 1000x better off investing in something like Munis, since they will return 3x more than ANY dividends, even of hugely successful companies.
Totally agree and I suspect that there is an element of the Stars Aligned about it. I think it is partly a product of deregulation and financial engineering. Partly globalisation with a considerable helping of being ignored by Central Banks because of a belief that asset price inflation is not a problem.
Yup! The stock market is a gargantuan Ponzi, and at some point it will burst. The reason it hasn't so far is that the govt keeps printing more money, which then has to go SOMEWHERE, and it goes on and on. Notice that the actual good investments, those are either things like real estate, or else private equity (which normal people are simply not invited to participate in). The 'bursting of the bubble' may take some quite creative new form that partially obscures exactly what happened, but the upshot will be that all the so-called 'equity' that is really unrealized gains will become non-fungible. Heck, it may even still earn dividends, at the current 50:1 (if you are lucky) P/Es that's a joke of course. What you won't be able to do is access the principle, it won't really exist anymore.
And this may well be the understanding of anyone trying to raid a company like Hasbro. Load it up with debt, take the actual money off to someplace safe, and hope that super high inflation just lets them go along like that for a few years until you're well and truly far gone with the loot.
They've dramatically expanded staffing over the past two years, have a new co-HQ about 10 miles away from the Renton location, and have upped their production cycle of D&D and video games.
I would literally puke.
