Random Rants: CLEARANCE RACK TIME! Disney Plus Is On Sale For $1.99 -Disney Is Desperate For Cash!
2023 has been a banner year for the Walt Disney Company. Movies tanking at the box office all year long. Stock reaching a decade low price. Lawsuits from their own investors and shareholders. Charter Spectrum refuses to overpay for their bad content. CNBC just ran an incredible article exposing the House Of Mouse's inner drama and turmoil. Comcast bumped up the Hulu deal, meaning Disney needs to come up with billions of dollars they don't have, and fast. And their hit shows aren't hitting.
But if that don't beat all...Now Disney Plus, their main DTC platform is being shoved in with the clearance items, going on sale for $1.99/month. This is how desperate Disney is for cash from anywhere they can get it!
You gotta love it.
***
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#disney #getwokegobroke #disneystock
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