Wow they got hit hard.
Wow they got hit hard.
I will take some calls if it holds 90. It doesn’t look like a terrible report
Disney is resilient, but they were getting pretty fat, diet time.
Go woke, go broke.
Wow…worst decline in Disney stock in 30yrs! If tomorrow’s CPI numbers turn the market sour, then it might fall even further. Its close to the stock price when the market tanked in 2020 due to Covid. Need to fire Chapek now.
Disney will adjust, they're not going away. The cinema and streaming division will be revamped, or split away, to fix it.
And they're going to tweak things at ABC, ESPN, etc. to bring additional net revenue. They're very diverse, be patient.
The issue with streaming is there are alot of players. Comcast, Apple, Amazon, Netflix, Goggle and they are all creating their own content. The streaming wars remind me of the 2000 dot com bust. There were all these players on the new frontier but only a few made it. Disney is not going anywhere but I'm not sure they are going to be a leader in streaming. I could be wrong but it is the Wild West out there now.
Disney owns Hulu ... #1 in streaming with LiveTV.
Along with ABC and ESPN, Disney has a serious leg up.
Not sure they need to do more than tweak and wait.
There's going to more destruction upcoming.
Nice recovery from the bottom today, made me a small chunk from that bounce.
Be greedy when others are fearful, and fearful when others are greedy…
Like I said…they need to get rid of Chapek…and they did
https://www.foxbusiness.com/entertai...ear-retirement