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[2023-06-19] Why Disney+ Will Disappear in 1 Year
Dollar Stories
Why Disney+ Will Disappear in 1 Year
Monday, June 19, 2023
#Disney #Business
https://www.youtube.com/watch?v=UF95jzZHZhM
Disney Plus has begun losing millions of subscribers, and scrubbing dozens of shows and movies to cut costs. The company’s stocks have steadily declined for some time, and the true nature of the streaming industry is beginning to reveal itself. Going from a blue ocean of easy money and accessibility to a bloodbath.
Companies are battling for licensing and customers and everyone is losing. Disney+ is not the cash cow Disney thought it was. But how did this happen, and when? What was the catalyst of this downfall, or was the industry doomed from the start?
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