Is Disney going to go bankrupt?

  1. profile image0
    Stevennix2001posted 4 years ago

    Although the shut down has barely been a few weeks, Disney has already been borrowing billions and billions of dollars just to stay afloat, while furloughing non essential employees and shutting down parks.  Disney Plus isn't projected to make them any money until 2024, so with all of this happening, is Disney going to go bankrupt due to the coronavirus situation?   

    I don't know about you guys but this doesn't look good for them.  Unlike Warner Bros, who can wait to release "Wonder Woman 1984" because they're owned by AT&T, Disney really can't afford to postpone their movies as long as they claim they can.  That's why I firmly believe Black Widow and Mulan will be released on VOD sooner rather than later out of necessity to keep from going broke.  Maybe I'm wrong but what do you guys think?  You think Disney is going to collapse due to the coronavirus shutting down it's business operations and making it to where they have almost no money coming in except on merchandise that gets sold?  Or do you think Disney will be fine?   Please discuss.

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  2. bhattuc profile image81
    bhattucposted 4 years ago

    This is going to happen with many of the big companies worldwide. Customer is the key to business and now no customers are seen around. It is sad but it is happening.

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