Disney CEO Scrapping Businesses Due to COVID-19

[D'Snowth]

Disney’s CEO Is Scrapping Once-Sacred Businesses

When Walt Disney Co. announced that it had closed more than 20 foreign TV channels last week, Chief Executive Officer Bob Chapek looked like he was taking the knife to a big chunk of the company’s international audience.

www.bloomberg.com

The article actually states he's looking into all the areas he can to cut corners to save Disney some money.

You know what would be a better, more effective way for Disney to save money? STOP BUYING OUT OTHER COMPANIES AND FRANCHISES! Seriously, now that they've bought out 20th Century Fox, they've completely dissolved the company.

 

[CoolGuy1013]

You know what would be a better, more effective way for Disney to save money? STOP BUYING OUT OTHER COMPANIES AND FRANCHISES! Seriously, now that they've bought out 20th Century Fox, they've completely dissolved the company.

I mean, its a win-win. They get more money, and we stop complaining about them buying everything.

On the bright side, the article said the former CEO is now 69. Nice.

 

[rexcrk]

How is this related to the Muppets? Other than “it might affect them!” ?

 

[CoolGuy1013]

I thought it was in the General Discussion board at first.