Netflix wins the 2nd Quarter; Disney reveals new challenges; so what are next steps?

The 2nd quarter results for 2024 have come in (it is Disney's third quarter). Not surprisingly Netflix is the big winner, but is there another bright spot amidst all the oceans of red ink and recriminations?

In this video, we go over the state of the industry, according to the 2nd quarter results from many of the studios. Global economic conditions have definitely been a factor in the lowered expectations, but karmic catch-up for profligate spending also rears its ugly head. Could Disney's parks finally show signs of trouble? Is the success of Deadpool and Inside Out 2 enough to turn their fortunes? Is Warner Bros Discovery truly finished? Why didn't another company buy them? Are there problems with the upcoming buyout of Paramount? Why has NBCUniversal seemed so impervious to the challenges? Is Amazon Prime turning a corner? If not, why bring back United Artists?

So many questions and unemployment continues to rise.

Is there a silver lining?