WALL STREET: WHO CARES WHAT YOU THINK
I am constantly amazed by what anyone cares about what “wall street” thinks or says. In an article today in the New York Times the film UP from Disney’s Pixar Studios is being questioned by ”wall street”, whoever they are, on the basis that the main character in UP is an old man and that there is little if any merchandising interest from retailers. By contrast to what others say, look at the past history of Pixar. You will find an organization devoted to making quality films. They take as much time as they want, tell the story they want and always push the envelope of technology. The results are clear. They know what they are doing. And, have a success rate that surpasses anything in any business.
When i think about what wall street thinks it seems to me they lost their right to be heard. Their clarion call is for the shareholders. They see themselves as protectors of the share price, yet over the weekend i read a summary of the CEO compensation formulas alongside the corporate results for the companies they represent. It is appalling to see how much people were paid to do such a terrible job. Where was wall street for the last couple of decades? Maybe they were complicit in gaining the sysyem.
As movie goers we should consider ourselves lucky that companies like Pixar focus on producing a quality product without regard for what others, not in the business think or say. It is refreshing to read the comments of Bob Eiger, Disney’s CEO. He feels making a film by filling in the check off boxes of those not involved in the process has little to do with the success of the film. It is the creative talent that is supported, not the outside, out of state, talking heads that have never had to produce anything themselves, let along something as creative and dangerously risky as an animated feature film. Those on wall street, full of themselves and their opinions should just go and see the film and enjoy it like the rest of us. If it does not work as well as others did, so what. We will all be the beneficiaries of the willingness of the film makers to take the chance on entertaining all of us. Pixar does that every time they deliver a film to the world.







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