Disney Plus Fails to Meet Wallstreet Expectations
Terrible earnings call for Bob Chapek today. The growth of Disney Plus is tortoise-like and it's all in the wrong markets. Disney Plus needs to get subs in the West where they can charge decent prices that will actually turn the company a profit. Instead, the only place anyone is signing up is in India, where the business model is dependent on low prices with mass subscriptions. I asked a friend who still has a free year left...