Disney (DIS) is investing big in its park business. The entertainment giant announced it will invest $60 billion into its parks and cruise business over the next 10 years. Third Bridge Group Sector Analyst Jamie Lumley says the company is in a “period of transition” as it tackles an unprofitable streaming business, a linear business that’s under pressure, and concerns about the impact of price hikes at the parks. Lumley argues that given the uncertainty surrounding the streaming and linear businesses, Disney is choosing to “bolster” a business that tends to be more reliably profitable. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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a transition from woke
Why do you say that?
Yes. Transition from woke. Finally the majority brought them to their knees. Now, apologize to America, cancel Snow Brown, and make some straight white classic hero princess films. Then we might come back.