Jungle Cruise isn’t, at least as of this writing, the same kind of battleground in Hollywood as Black Widow, whose financial returns prompted star Scarlett Johansson to sue Disney.Yet one seasoned Wall Street analyst says the latest day-and-date movie release by Disney highlights an existential dilemma for the movie business that goes far beyond talent relations.“We think we are at the cusp of a new non-virtuous circle emerging for moviegoing, similar to the cord-cutting cycle” in pay-TV, Robert Fishman of MoffettNathanson wrote in a note to clients today.
Jungle Cruise, like Black Widow, is opening in theaters but is also available for a $30 extra charge to Disney+ subscribers and the results should only add to the swirl of strategic
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