plutofan15
Well-Known Member
Wrong again. There is a very large cost in the streaming side of the business with headcount, infrastructure, equipment and, yes, typical business costs. And, no, I get my information from sources closer to heart of the game who are involved more in depth than Iger or Chapek. So thanks again for the off base lecture.That’s what Iger and chapek have told you…is it true? We’re gonna find out soon.
There is a big stream cost…but not typical business costs…it’s not equipment, labor and benefits…it’s content.
The example here is Netflix…who only started turning profits around 5 years ago when they went full in on original content. In 2019 they spent 300% of all their other streaming competitors combined. They spent more to make some profits.
And it worked but that’s not what Disney is doing. You think they’ll spend $50 billion on content? Or Lizzie McGuire reruns while trying to charge $39.99 with ads?
They already answered. When some rat in a nametag tells you who they are…believe them.