Disney's Share Price Drops as Investors Worry About Its Age

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Disney's Share Price Drops as Investors Worry About Its Age
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As Walt Disney turns 100, investors are concerned about the company's ability to adapt to the age of streaming. However, Disney has always faced challenges and adapted to survive throughout its history. Disney Studios, founded in 1923, aimed to make animated features as respected as live-action films. Disney obsessed over quality and developed 12 principles of animation to bring sketches to life on screen.

Prelude to the Best Sommelier of Canada Contest | SaltWire - As Walt Disney turns 100, investors worry it's beginning to show its age. The share price dropped to its lowest level in nearly nine years as the company stumbles in the age of streaming.

Disney Studios opened in Hollywood in 1923 – geographically and conceptually distant from the animation powerhouses in New York. Disney envisioned a future in which animated features would garner the same respect as the live-action films being shot down the street. Seemingly each time Disney’s projects were financially successful, he would use the money to double his aspirations for the next film. “In a way,” Pallant said, “Disney survives his own ambition.”

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Lire la suite »

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