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> Disney is playing a very risky gambit here. Disney has way deeper pockets than Netflix, they can afford to play the long game, spending their revenue on gain
by freeflight 7y ago
> Disney is playing a very risky gambit here.
Disney has way deeper pockets than Netflix, they can afford to play the long game, spending their revenue on gaining market shares.
- denormalfloat 7y agoDisney is in a tough spot since they also pay dividends. Companies typically don't ever reduce their dividends, which leaves Disney unable to spend that cash on their growth.