They overinvested funds into stuff they didn’t need (disney buying lucasarts and such)
I do agree that they overspend on a lot of things, but in my book buying Lucas Arts for $4b was a steal. Even with the way misshandeld it (bar some highlights like Andor), this was most certainly a good investment.
I mean the sequels were bad and yet those alone made more than $4b at the boxoffice (yes I know that isn’t profit, but just to give some perspective). And star wars is also a powerhouse in terms of merchandise sales, think of the amount of baby Yoda toys being sold.
Taco2112@lemmy.world 4 days ago
I think you’re right but according to the article, you’re wrong, it’s because the massive studios don’t get enough tax breaks.