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Like Hollywood I expect Disney accounting to be a lot of smoke and mirrors. Disney has a massive back catalog, the oldest movie on the platform is nearly 90 yea

Like Hollywood I expect Disney accounting to be a lot of smoke and mirrors. Disney has a massive back catalog, the oldest movie on the platform is nearly 90 years old. I am sure Disney is renting Disney+ ancient content at premium market rates and so the platform appears to be unprofitable.

alberth 2y ago
I’m not so sure that’s the case here. Disney+ massive loses was cited as a major reason for the previous CEO being ousted by the Board, and Iger reinstituted. The difficulty with screaming is that you can no longer create $100M big budget movies and expect to show a profit from a service costing just $10/mo. https://insidethemagic.net/2024/04/not-a-profitable-business-bob-iger-reveals-future-of-failing-disney-nk1mmb/ https://insidethemagic.net/2024/04/not-a-profitable-business...
- deleted 2y ago
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- zamadatix 2y ago
  These mega streaming platforms (Disney, Netflix, HBO) all pull ~the yearly total gross of box office ticket sales each independently. Is it the content delivery infrastructure that eats all the revenue to the point of losing money? https://www.boxofficemojo.com/year/ https://www.boxofficemojo.com/year/
- effingwewt 2y ago
  I find the difficult part of screaming to be the strain on my vocal chords. I'm sorry, couldn't help myself. As I get older Dad jokes become funnier.
mjklin 2y ago
https://en.wikipedia.org/wiki/Hollywood_accounting https://en.wikipedia.org/wiki/Hollywood_accounting