Disney lost a physical fiefdom, which was unthinkable, and took a major stock hit. A couple mouse execs I know are freaking out about it. Regardless of whether you think it's warranted or not, the decision makers feel like they got a beat down, and their friends don't want to provoke a similar attack.
Of course they are going to keep at their agenda and you shouldn't trust them. They are merely pulling back from being so aggressive. It could even be interpreted as a strategic loss because they will stop overtly pissing people off, and this doesn't end until there are heads on spikes.
Their earnings was a mixed bag, but nothing so serious.
https://archive.ph/TQiMf
Disney lost a physical fiefdom, which was unthinkable, and took a major stock hit. A couple mouse execs I know are freaking out about it. Regardless of whether you think it's warranted or not, the decision makers feel like they got a beat down, and their friends don't want to provoke a similar attack.
https://thewaltdisneycompany.com/susan-arnold-named-chairman-of-the-board-of-the-walt-disney-company-effective-december-31/
Until she gets fired, I don't believe that they're that scared.
Of course they are going to keep at their agenda and you shouldn't trust them. They are merely pulling back from being so aggressive. It could even be interpreted as a strategic loss because they will stop overtly pissing people off, and this doesn't end until there are heads on spikes.