For the past decade, Disney has been the Teflon movie studio, remarkably adept at withstanding the tectonic changes impacting the film industry, and well fortified by its arsenal of key properties …
They are making a literal loss though because they are overspending on advertising and it isn't flowing back into their parks and merchandising. Advertising is still insanely overpriced and they only buy up the spots to box out competitors to the detriment of their own bottom line. It's the same old rate of profit thing, their only solution is to reduce output and destroy whatever already existing media they can
They are making a literal loss though because they are overspending on advertising and it isn't flowing back into their parks and merchandising. Advertising is still insanely overpriced and they only buy up the spots to box out competitors to the detriment of their own bottom line. It's the same old rate of profit thing, their only solution is to reduce output and destroy whatever already existing media they can