How long does it take to produce films and have them generate revenue? Years, is the answer. Will the corporate cash last that long while Mattel still loses hundreds of millions each quarter. Probably not. Just seems the actions are way too late. What is this film division going to do that playground productions and previous chief content officer could not? They were absolutely pathetic. This new leader is Probably much more competent, but seems way late with the balance sheet so messed up. The business is not turning around organically, so here is another Hail Mary pass late in a game.
I was just reading this and I found this post on another thread ( @V2YoVOa-icm ).
These are all valid questions. Really, how are we going to finance this new Film Division and what will happen if this big bet our company is making goes under? I’m sure the workers will pay for it with their jobs, as usual.