Originally posted by SamZED
Disney will lose a lot of money now that RDJ (and Evans too?) is out. So going the Ghost Busters route is not the way to go unless they want their movies tanking.
Yep.
Disney is already like $20 billion in debt so it’s weird that they seem so determined to lose as much money as possible.
Originally posted by SquallX2019 reports say that it’s closer to 50 billion in debt, but that doesn’t mean that they’re not rolling in money.
Really! I did not expect that. I thought with the MCU and SW verse, they were rolling in money.
Companies take on debt to afford growth, and Disney just bought Fox in a huge acquisition.
They were probably in a fine position to afford all that debt. That said, with coronavirus shutting down movie releases and theme parks, who knows.
Disney is losing money at an incredible rate. They have these huge sports tv deals but no one is watching. Their espn network was already losing money that’s why they had to lay-off people last year, even before the pandemic, no new films in 6 months and their parks are closed.
They will need a bailout and they will probably get it because central Florida is dependent on them.
Debt, as it stands, isn't ALWAYS bad. But if anyone wants to check Disney's 2019 balance sheet out:
https://thewaltdisneycompany.com/app/uploads/2019/11/q4-fy19-earnings.pdf
Take it to the discussion thread, then. This thread has been derailed enough already.
Don't know if Galan posted this but I dont mind. Seems like Flash was affected (and succumbed) to time stop.
🙂
https://www.turboimagehost.com/p/56073930/SmartSelect_20200707-121351_Chrome.jpg.html
