It's not enough. Even if each Marvel movie had yields like Dr. Strange - it's not enough to justify a $200B market cap. Disney has a P/E of 74 right now. That'

It's not enough. Even if each Marvel movie had yields like Dr. Strange - it's not enough to justify a $200B market cap. Disney has a P/E of 74 right now. That'd be on extremely high end for pure tech plays during the tech boom heydays, and it's completely unsustainable for a media company. Reminder, Netflix, which is also considered "in trouble" has a P/E of 20. You cannot sustain on the backs of those two alone. (But also: Given that they're the most profitable franchises of all time, maybe the woke scolding is misplaced. Clearly, people still love the fare. There just isn't enough)