The Walt Disney Company announced as part of its latest earnings report that it will no longer report paid subscriber numbers for its various streaming services such as Disney+, Hulu, and ESPN+.This Substack is reader-supported.
This is the obvious answer for Disney and Iger. Not so much for the investors.
But anyone still investing in Disney today deserves all the losses. Even my super-risk attracted daughter dumped all her Disney stock - 2 years ago.
Disney is poison. Pure sewage. To make the stinking plates of Disney offerings palatable, they must hide the stink. Mask it, cover it, gaslight you that it isn't really there.
This is the obvious answer for Disney and Iger. Not so much for the investors.
But anyone still investing in Disney today deserves all the losses. Even my super-risk attracted daughter dumped all her Disney stock - 2 years ago.
Disney is poison. Pure sewage. To make the stinking plates of Disney offerings palatable, they must hide the stink. Mask it, cover it, gaslight you that it isn't really there.
Are you fooled?
Bad sign for Disney.
Logic dictates that if they showed their less-than stellar numbers, then their stagnant numbers, there is something worse than stagnant expected now.
Always a good sign when a company hides its numbers. 😐
Subscriber numbers should not have counted. Stocks are sold on a set fiscal number.
We sell $xxx a year. With Disney, it's dollars. We make a trillion a year and have lost six billion on flop movies.