Disney's $4 Billion Loss on Disney+
Disney CEO Bob Iger attributes $4 billion loss on Disney+ to investing too much in content without focusing on quality, rather than on woke diatribes or left-wing propaganda. The company's stock price has also plummeted, but Iger believes the decline is due to oversaturation of content.
Key Points
- Bob Iger attributes the $4 billion loss to investing too much in content without focusing on quality
- Quality of stories was also an issue
- Disney's stock price has also plummeted
Cons
- Disney invested too much in content without focusing on quality
- Stock price has plummeted