Disney's Financials: Are They Ever Going to Be Able to Get Their Free Cash Flows Back Up to 2018 Levels?

Almost every aspect of Disney's business has become more competitive. Even as good as their park segment is, there's other competitors like Universal and Nintendo building Super Nintendo World. No media company today can tell you whether or not the decline they are going to suffer in terms of revenues from their cable channels will be made up for by streaming businesses. They hope so. But that's a big unknown.