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The major streaming services where planning on the general public to embrace the fact that they released movies straight to streaming rather than cinima,then disc them streaming this has not been the case
cinema is not just a movie experience it a date, its a family event, its a couples evening filler. ie few drinks movie bite to eat few more drinks back home for a bit of how's your father
Cinema will thrive post covid especially in USA .The trick is to survive til post covid and i have every confidence in Mooky will steer Cine through this, he has vast amounts of his family money not to
To the shorters there's far better opportunities out there TRN for instance been short since 400p so im not against shorters but posting false and misleading info is a big no no for me .However people invest good luck all
"Disney has net debts of $40 billion and make the majority of their profits from theme parks"
Possibly fair to say that is their business model to a degree i.e. everything they spend outside that is geared to increasing demand for their parks!?
The movies would have been the end product prior to parks, but the parks are now the ultimate end product.
However, yes Cineworld are far from being alone with debts.
Debt needn't mean a bad business, far from it.
Disney have big problems there's no doubt. They have a really diverse business - unfortunately every area they're in has been hit except for their perfectly timed move into streaming.
$40B is a lot to be in the hole - but they do have a lot of assets to balance that out. And Christmas is coming, so time for us all to buy our princess dress up.
Disney has net debts of $40 billion and make the majority of their profits from theme parks.
They made a really bad call with Cuties. They're a big player now and can't possibly fly under the radar with things like this.
I think the debt level is ok as most of it is poured into creating IP - but it's only going to get tougher with all the new steamers getting up to speed.
It goes to show what a great position Disney were in when they started Disney+. They get to pull a huge, multi billion dollar archive off the shelf and start a service that's arguably better than anyone elses.
And to top it off, netflix has over 16 billion debt!
Netflix subscriptions plummeted and cancellations increased by 800% after the release of controversial French film Cuties, analytics firm reveals