iDJ
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Than pandemic also affect their hospitality business. Ruining their theme park business. Also India is one of the rare big market where they don't have one single Disney Park.Disney overpaid in their Fox acquisition. It was a known fact. Everyone raised this question but the macro economics were in good shape and Disney's other properties like Theme Parks, Movie Studio and Linear TV fired on all cylinders.
Star India's cash flow was supposed to reach $1 billion in 2019 but they will have negative cash flow in FY24.
Such a shame. Disney ruined Star India with their poor leadership.