Mit88
DIS Veteran
- Joined
- May 18, 2019
- Messages
- 4,554
You are correct, but companies operate losing money all the time, see all the tech companies. Uber has yet to make a profit, lost $1.2 Billion in Q4, Q2 2019 lost $5.2 billion in just three months and may never make a profit. Yes, Disney is differnet than Uber and Disney needs to open asap but does have more runway than most think.
Yes, they have a lot of runway, but its not an endless runway. Bleeding money just because other companies arent turning quarterly profits isnt a smart strategy
How stupid of Disney would it be to open on New Years Day 2021? (a Friday next year so this would guarantee the most packed opening weekend basically possible)