Chris Corrie

Don't forget ESPN+ and Hulu...streaming is the place to exert economic power of consumers...

This is easy if people join in...Disney's last quarter of streaming revenue was reported in their 10K as $6.2B (same as the Nextar deal)...join me in cancelling my monthly Hulu, ESPN+, and Disney+ subscriptions...until Disney sees the error in their ways. Immediate impact on next month's revenues...

Consumers need to do the same thing. Disney reported Q3 Direct-to-Consumer revenue of $6.2 billion. That's ESPN+, Disney+, and Hulu-ironically, the same as the Nextar merger value. Subscribers who value free speech need to break from Disney while they break from Jimmy-immediate rev. impact in Oct.

All federal contracts have a termination for convenience clause...although it entitles the contractor to recoup justifiable expenses. Those termination costs haven't hit the books yet. Some will be negligible -- but others (e.g. staff a security force for a USAID Mission in Africa) could be huge...

There may be some proxy’s for this, though. Also, speaking of payments, haven’t seen much discussion about the Prompt Pay Act, a 1982 law that requires the Feds to pay interest and penalties on late payments. There will be a real, legally mandated cost to taxpayers for delaying legit payments.

I’ll take a shot and this, but this is challenging because federal obligation data is public (reserving the funds to pay a vendor/grantee), but payment data (the actual disbursement) is not. If contracts are completely cancelled, this will show up…but a “stop work order” will not.

Message me if you’re interested in digging deeper.

For example, the Trump White House alone (not the full government—just the White House) spent almost $900K on the Politico subscriptions they’re demonizing during his first term between 2017 and 2021. But that doesn’t support the “soundbite narrative” they’re going for.

Not only doing that, but doing so quite disingenuously. USASpending is a Bush admin effort, so it contains the details of the first Trump admin spend, not just the cherry-picked Biden spend.