Disney will continue to strip mine classic IP for new Disney Plus movies and TV shows, but now they’re moving on to Fox properties. According to Disney CEO Bob Iger, classic Fox film franchises including Home Alone, Diary of a Wimpy Kid, Night at the Museum and more will be “reimagined” for a new generation on Disney Plus. Meanwhile, Disney stock drops due to the insane amount of debt the company is taking on.
Current Disney stock value – https://quotes.wsj.com/DIS?mod=chiclets
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