No one is going on a spending spree right now. But, if someone asked me after consolidation who would be the last ones standing, it would be Netflix and Disney.
I agree with you 100% on that. I just disagree that Disney is well positioned to take part in consolidation. They might be able to pull off some content licensing like Netflix used to do. But right now, the only thing holding Disney afloat is the parks. And they've certainly upset some fans to make that statement true.
