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re: ESPN monopoly power: “You’ll take 720p broadcasts and like it.”

Posted on 8/28/23 at 3:05 pm to
Posted by Nitro Express
Gulf Coast
Member since Jul 2018
16237 posts
Posted on 8/28/23 at 3:05 pm to
quote:

Disney is in a death spiral


Posted by td01241
Savannah
Member since Nov 2012
23228 posts
Posted on 8/28/23 at 3:10 pm to
Their stock just hit down around 82ish which is the lowest since 2014. Yes even lower than Covid crash. Everything they do sucks and not to get political here but for context Larry Fink and Blackrock have openly come out saying ESG will crack the American economy at this rate and we can’t keep doing this. Disney is the single biggest ESG oriented company in the world and are about to have to shell out 20 billion ish to buy out Comcast stake in Hulu. They have like 2 billion in operating cash based on their recent quarterly report so they either will need to take on massive amounts of debt equal to how much they stupidly bought fox for a few years ago or give their biggest competitor like 15% of Disneys whole fricking company in stock if their price doesn’t rise. They might truly be fricked.
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