Disney+ is bleeding money and loosing customers. At the moment they are cutting content. They have no idea how to make Disney+ profitable. Also: Disney wants ESG-money and the only way to get it is to actively produce the antithesis to what a profitable customerbase would want.
They can have either ESG-money or customers money.
It is almost comical how much money they lose on Disney+. A financial guy I watch put it in comparison of the money they lose on it is equivalent of a Disney Cruise Ship just straight up sinking every quarter (in terms of cost).
It is one of my main points used to show that ESG-money actually doesnt help. If it did, Disney wouldnt be withering like it has a vampire draining it.
Disney+ is bleeding money and loosing customers. At the moment they are cutting content. They have no idea how to make Disney+ profitable. Also: Disney wants ESG-money and the only way to get it is to actively produce the antithesis to what a profitable customerbase would want.
They can have either ESG-money or customers money.
It is almost comical how much money they lose on Disney+. A financial guy I watch put it in comparison of the money they lose on it is equivalent of a Disney Cruise Ship just straight up sinking every quarter (in terms of cost).
It is one of my main points used to show that ESG-money actually doesnt help. If it did, Disney wouldnt be withering like it has a vampire draining it.