Part 7/15:
Iger explicitly mentioned lowering Marvel output and reducing production costs, albeit without clear commitments on how this will restore revenue. The serious issue facing Disney is that its streaming ventures, despite amassing subscriber numbers comparable to Netflix, have yet to generate meaningful profit. The report highlights that Disney’s substantial investment—over a billion dollars in late 2018/2019—has not translated into sustainable revenue or profit, casting doubt on whether Disney’s streaming division can ever become a cash cow.
Consequently, Wall Street analysts are questioning why Disney continues heavy investment in content at the expense of profits, especially as recent subscriber attrition points to a competitive streaming landscape that Disney struggles to dominate.