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by dottrap
1155 days ago
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Lots of indies keep close track of Disney. Many of them have a good understanding of the cost structures and revenue splits, and every time somebody does a breakdown of the numbers, Disney is bleeding red ink with the Lucasfilm acquisition. It's a complete boondoggle for Disney. This is just one example breakdown of the numbers: https://practicaleconomics.org/category/star-wars/ We also know that Disney+ is hemorrhaging tons of money. Disney reported something like a $1.1 billion loss in 2003-q1, and $1.5 billion loss the previous quarter. This is like Disney sinking one of their cruise liners every quarter. Neilsen streaming ratings have shown Star Wars shows have completely fallen off and have failed keep Disney+ competitive. There are also tons of stories reported about how the Star Wars toys have failed to sell, and retailers were fire selling everything trying to get rid of the merchandise. |
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This is interesting. Is this a US only phenomenon? I understand that the US is the biggest market for Star Wars. But if true, this is quite fascinating since I thought Baby Yoda toys and lightsabers are super popular gifts, despite the popularity of super hero toys.