
Morning Brew Daily Streaming Saves Disney & Video Games Keep Crushing It
Nov 9, 2023
Dive into the potential fallout from WeWork's bankruptcy and its ripple effects on the commercial real estate market. Discover how Disney is banking on streaming growth to bounce back in a challenging landscape. The gaming industry is thriving with buzz around 'Grand Theft Auto 6' and new live-action adaptations. Plus, learn about Roblox's impressive resurgence and the innovative role of autonomous robots in public safety. Wrapping up with trends in private communication and airship transport, this discussion is packed with insights and surprises!
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Disney's Streaming and Parks
- Disney's streaming service losses decreased, and subscribers increased.
- Theme parks and cruise ships remain profitable, indicating potential for future success.
Warner Bros. Discovery's Challenges
- Warner Bros. Discovery, despite Barbie's success, saw a stock drop due to declining TV ad revenue.
- The company's streaming service, Max, is losing money amidst the industry's disruption.
The Sphere's Financial Woes
- The Sphere in Las Vegas, despite a sold-out U2 show, lost money.
- Its CFO, Gautam Ranji, quit after owner James Dolan's outburst during an earnings meeting.
