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Published 1 year ago

Disney CEO Fired For Lying To Cover Up Failures?

Summary by Ground News
Former Disney CEO Bob Chapek is facing accusations of deceptive financial practices with DIsney+. The Wall Street Journal spoke to insiders who also alleged that the company had lost more than $8.5 billion since the streaming platform was lost. The insiders allege that Disney has spent $30 billion on content this year alone. This could make it difficult for the House of Mouse to recover financially.

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