While My Mickey Mouse Doll Gently Weeps
Mickey Mouse turns 92 on Wednesday. Walt Disney's (NYSE: DIS) official mascot has aged better than many of the media giant's businesses these days. Disneyland in California remains closed, and the world's largest theme park operator is losing money at its resorts that have opened elsewhere.
Disney's iconic studio entertainment business -- the same Hollywood tastemakers that put out all six of the country's highest grossing films last year -- is in a holding pattern with multiplex operators struggling and consumers possibly tapped out from a plethora of streaming options at home. Even McDonald's (NYSE: MCD) is now apparently caught in the Mickey malaise, and to think -- as Walter Elias Disney himself used to say -- it all started with a mouse.
Image source: Walt Disney.
Source Fool.com
