Is Wall Street starting to curb its D2C enthusiasm?

On Monday, media major Disney received a Wall Street downgrade from a Barclays investment analyst who cited the growing challenge of creating new Disney+ originals with the same “franchise value or visibility” of the existing Disney IP  on the streaming service. The investment bank believes that the dilution of the content IP could materially impact the ability of Disney+  to close the gap with market leader Netflix.

Source: Is Wall Street starting to curb its D2C enthusiasm?