There is nothing but bad Disney for the house that Walt built.
Any fantasy the executives had about being open by Easter is dashed. The Park Cast-Members have been furloughed (read laid off) And the executives have given themselves pay cuts. And they are now better than $13 billion in debt.
Disney is hurt. This was a company that required crowds to operate and crowds are now illegal.
So their only hope for income is now ABC, cable channels, Hulu and Disney Plus.
Well, at least Hulu is doing okay. But at this point they can’t even give Disney Plus away. They were counting on an initial loss as they built viewership but the problem is that they aren’t building a subscriber base. The Disney Vault isn’t worth it to Disney fans because most of them already own most of the AAA titles in hard format.
As for the original content, well, the truth is there just isn’t enough of it to justify keeping the service for more than a month. Yeah, the Mandalorian was good but it’s not worth maintaining a subscription for a year while waiting for the next season. The rest of OC are all shorts, documentaries and reality shows.
And the new content is now out of production until MAYBE June, which means the stuff that was supposed to be available in the fall won’t be online until 2021.
Honestly I’d dump it myself but I’m not paying for it.
Bottom line: This is yet another money loser for the already teetering Disney. The board didn’t fire Bob Iger anywhere near soon enough. AND now he’s back