Chukzombi
Millie's Staff Member
And ya know, Disney has a lot of that 160 billion tied up in assets and those assets diminish in value based off lack of interest in them. They don't have billions in cash on hand. They have something like 30 billion dollars of debt, but because of those lucrative assets, they can borrow money from banks for an indefinite amount of years. The thing is when those assets cease to make a profit, then the banks start to get very tight with their money. Disney is on a collision course with that reality. Then what do t when they run out of cash on hand? They start to sell off those assets and things get bleaker as years go by and they sell more and more til they no longer have much of anything left. 160 billion can disappear very quickly.Disney might have enough money to keep it up for a while, but local theaters won't when no one turns up to see these shitty movies. Eventually theaters might just stop buying their crap.
-edit.
They have 40 billion in debt.
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