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Disney’s Streaming Struggles: Legal Troubles and Investor Discontent
Disney, a giant in the entertainment industry, is currently at the center of a significant legal battle that highlights its ongoing struggles in the streaming market. Investors on Wall Street are voicing their discontent, attributing the company's problems to a perceived lack of quality in its content. Recent developments in a lawsuit against Disney have brought these concerns to the forefront, as U.S. District Judge Consuelo Marshall has rejected a motion by Disney to dismiss investor claims, pointing to potential deceptive practices by former executives.