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The Disney Empire Strikes Back – Investors Day Announcements

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Sinopsis

Hot off of Warner Bros announcements last week regarding releasing all their 2021 Movies in theaters and streaming Disney held their Investors Day. This was the Ultimate Hold my Beer Moment but it still left so many unanswered questions about movie releases in theaters but streaming is about to be off the rails. Now I am a Disney Shareholder so I may be a little biased in all of my talks about Disney as a whole but who wouldn’t be for something that makes the money. I started doing micro share transactions through Stash Invest about two years ago $5 here $10 there and there were some ups and downs but for some reason I stayed with Disney as a stock I invested in. Earlier this year I doubled down putting extra cash into it when COVID hit and shares dropped to $79. I mean theme parks are the big money maker for the company but Movies and Streaming have had to pick up the slack. So, on the announcements made on investment day which for most parts was a rehash of the D23 expo where they announced many of the Marv