Much stronger competition in the streaming space. Disney has better content for every family with kids, so they're first choice. Amazon already has people via Prime. How many more are you going to buy? Possibly one, small chance of two? You've got Netflix and all the others scrambling for that last space in the house.
Plus they don't seem to be able to make a hit show of the kind that gets subscriptions, just a lot of not too terrible content.
This is interesting. As a parent, we have Netflix, not Dinsey+. See, children love to re-do things over and over, same for tv, my children want to watch wreck it ralph and moana for 100 times.
So, buy one of those "disney classics" bundles and you are good for a long chunk of time. Netflix covers the adults.
That's my feeling at least, I don't like a single adult show from disney.
Without the momentum of subscribers who just haven't bothered to unsubscribe, I suspect they'd already be dead. Like, if they had to acquire those same users fresh, today, I don't think they could.
Sure, but I do not see why that would cause bankruptcy. Their market cap would shrink, but unless they are over leveraged, they should be able to continue operating without “folding”.
It's not necessarily the case that the company goes bankrupt, it just sort of goes sideways forever. At some point someone will get the brilliant plan of borrowing in order to invest in relaunching the company.
Plus they don't seem to be able to make a hit show of the kind that gets subscriptions, just a lot of not too terrible content.