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45
I don't know how much longer Disney will last without major layoffs and cost cuts (media.kotakuinaction2.win)
posted 2 years ago by PresidentBossk3562 2 years ago by PresidentBossk3562 +45 / -0
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– coke501 8 points 2 years ago +8 / -0

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.

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– TheModernDaVinci 7 points 2 years ago +7 / -0

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.

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