to turn things around, however. Netflix generated $5 billion of operating profit over the first nine months of 2022.
Disney’s theme parks, which delivered record quarterly operating income of $8 billion, can tide the company over as the online strategy takes shape. If the Netflix enterprise commands 18 times expected EBITDA, per Refinitiv data, Disney will find enough fairy dust to warrant a multiple higher than 12 times. Primark’s price freeze is risky inflation gambit
Source: Digital Coin News (digitalcoinnews.net)
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