Disney is on the rocks. What else can we say? The good news is that Disney’s Q4 / 2020 year end fiscal report wasn’t as dire as expected. The bad news it’s…still pretty bad. And realize that the first quarter and a half of FY 2020 had movies and theme parks running at full speed. Disney is going all in on Disney Plus, as Disney CEO Bob Chapek keeps pointing out whenever anybody throws him a hardball question. Not much was said about the 28,000 employees they cut loose, and no dividends this year either.
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