News Summary

• If current trends continue, the company’s streaming service could lose close to $2 billion this year on a market cap of around $10 billion..
• Likewise, his streaming service is equally a disaster, and no one believes his wokeness (transgender greeters at Disney parks and same-sex kissing scenes in animated movies) is going to help the bottom line.Disney+ has lost $11.4 billion since inception in 2019.Double yikes!As CEO of Warner Bros..
• (By comparison, Comcast’s $3 billion in streaming losses comes on a market value of $177 billion.).
• People aren’t going to the movies, and its streaming service, Peacock, lost $3 billion this year.Yikes!Disney is an even bigger train wreck..
• I’m told he knows the media business is coming apart, for all the reasons I outlined.Zas also knows buying Paramount and successfully integrating it inside Warner Bros..
• His streaming service barely breaks even (as if that’s a good thing), meaning he might be running a business slowly on the verge of doomsday.One already there is Paramount, or course..