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Rider Strike, Decline of Disney, and Strategic Business Plans
Disney's decline is causing a stir in Hollywood, overshadowing the rider strike. The company's stocks have hit a 10-year low and they are selling their cable assets. Despite this, investing in their parks seems like a smart move. Disney's cable profits have dropped by 46% while park profits have soared from 2 billion to 10 billion in the last decade. Overall, it's worth considering the three businesses Disney plans to focus on.