tirian
Well-Known Member
Most of these decisions are due to poor management within the company. Bottom line: Iger overspent because his success seemed limitless. But he still overspent and expected the money tree to keep dropping fruit. Even if Covid had never happened, Frozen and the MCU couldn’t prop up the company forever.Myself and a few others have been trying to get at how truly gutted Entertainment has been. While performers are the ones getting the spotlight today, these cuts go all the way backstage (in the theater sense). Most of these productions aren't going to be able to even remotely easily restart. Truly depressing, especially considering how different of a world we could be living in if just a few different things were done.
Luckily for him, analysts will blame Covid and won’t connect his financial recklessness until after he’s sold plenty of copies of his book.
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