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Re: Monksdream post# 8

Monday, 01/27/2020 10:39:22 PM

Monday, January 27, 2020 10:39:22 PM

Post# of 84
An excerpt - "...The Disney brothers were darned good businessmen. They knew they could reintroduce their films to theater audiences, because they knew the kids who viewed them would have kids of their own. It worked. Snow White holds the distinction of being number ten on the list of most theater visits -- over one-hundred million.
That kind of thinking impressed Wall Street. In the 1940s, an investment banking firm sold some convertible preferred stock to keep the Walt Disney Company on its financial feet. By the Fifties, that investment started to pay off.

The Walt Disney Company already had shelf full of Academy Awards, including a special one in 1939 for Snow White. Walt had a reputation for making quality short films. Kids loved his growing menagerie of cartoon characters. His movies, both animated and real life versions, were always first-rate productions. That emphasis on quality would only gain momentum in the coming decades.

Televisions were around in 1941, but so few were in use the costs of programming was hardly worth the effort. Conditions changed after World War II that made broadcasting commercially feasible. In 1950 over three million households had TV sets. By 1958 that number had swelled to nearly 50 million.
"

from an interesting read.

"November 6--Uncle Walt Loved You"

Enjoy your venture.

It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

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