Consider the upcoming fourth quarter the last one in which the media sector will get a pass from Wall Street.
The rest of the media companies trying to become Netflix by focusing on streaming also have to rely on a handful of other business segments that are currently under severe pressure because of the ongoing global pandemic. Last year was an aberration. COVID-19 changed consumer behavior, and media companies had to ramp up their strategy shifts to streaming even more rapidly than previously anticipated.
Revenue from theme parks plunged 61% during Disney’s fiscal Q4, and Comcast reported NBCUniversal Q3 theme-parks revenue tanked 81%.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: