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Some argue that Disney might offset losses via streaming sales, potentially paying themselves large sums for streaming rights or creating internal “profit” transfers to hide the true state of profitability. While technically legal, such practices can be misleading, especially since they often result in Disney Plus hemorrhaging billions in losses.
The Broader Context: A Company in Decline
The struggles with Elemental are just one facet of Disney’s broader challenges. Recent flops include:
The live-action remake of The Little Mermaid,
Underwhelming performances from Marvel’s latest offerings,
The continued underperformance of the Indiana Jones franchise, specifically Indiana Jones and the Dial of Destiny.