The Razor’s Edge #12: Disney As The Coronavirus Bear ETF

Disney is considered as blue-chip as it gets, but when you break down its famous flywheel - different business lines that all flow together to create the greatest diversions in the world - there's a lot of trouble spread around. Theme parks, box office, live sports, advertising are all under pressure - is Disney + enough to make up for that? We discuss the outlook for the entertainment company. Topics covered: 2:30 minute mark -The Corona bear ETF 7:30 - The flywheel is stuck 12:30 - Long-term effect on consumer behavior in travel 17:00 - The significance of Bob Chapek's theme parks experience 25:00 - Cruise lines and international flags 28:00 - Whither (wither?) the box office? 36:00 - Box Office as marketing 41:00 - ESPN - the wild card 56:00 - Disney+ - the ace in the hole? 1:01:00 - The next WFH play 1:09:00 - The diversionary business model in a diversionless world