- Joined
- Oct 14, 2015
I don’t see them collapsing, but their debt to income is seriously unbalanced. If 2020 had been a normal year they’d be in much better shape, but having the parks- worldwide- shut down, movie theaters shut down, etc. etc., it’s harder to spackle over the cracks they created by over-extending themselves.Disney's not collapsing, for Christ's sake. After COVID's taken care of they'll probably be back to normal, unless the government decides to enforce antitrust laws.
Little tip, folks - don't get your idea of what's going on in companies via YouTube.
It’s like a chain restaurant that expanded really quickly. Opened a fuckton of restaurants, and saturated the market before seeing if the market would support them. Then they crash and disappear.
While Disney won’t disappear, they are probably far more fragile than they’ll ever admit. Hollywood finances are like juggling a bunch of chainsaws. As long as you’re balanced you’re fine (taking money from one item and moving it around), but if an earthquake happens (not as much money to move around) you’re fucked.