Mickey is about to enter public domain (again). So they need to cough up a shit ton of money to bribe the government to change all of copyright laws (again) to protect him.
So I imagine they will be in desperate need of finances soon just for that, and there draining coffers are diametrically opposed to that goal.
Disney doesnt have that kind of money though. They have barely $4B in assets and liquid cash they can use for acquisitions, and they are already being forced to either sell Hulu or buy out Comcast share (they dont have the cash for that, by the by). So you know damn well they dont have the cash to get copyright changed again, especially when they have pissed off a significant chunk of one party who will probably still say no just to spite them.
It really is amazing how much Iger has fucked it all up for his own pride.
Mickey is about to enter public domain (again). So they need to cough up a shit ton of money to bribe the government to change all of copyright laws (again) to protect him.
So I imagine they will be in desperate need of finances soon just for that, and there draining coffers are diametrically opposed to that goal.
Disney doesnt have that kind of money though. They have barely $4B in assets and liquid cash they can use for acquisitions, and they are already being forced to either sell Hulu or buy out Comcast share (they dont have the cash for that, by the by). So you know damn well they dont have the cash to get copyright changed again, especially when they have pissed off a significant chunk of one party who will probably still say no just to spite them.
It really is amazing how much Iger has fucked it all up for his own pride.
I hope we all live long enough to see it happen.