
The entertainment industry has been under strain as a result of macroeconomic challenges. So, I think it could be wise to wait for a better entry point in Sony Group Corporation (SONY) for reasons discussed throughout this article. However, it could be wise to avoid The Walt Disney Company (DIS), considering its weak fundamentals.
As the cost of living continues to climb, more consumers are attempting to reduce their spending. The consequence of this lowered spending could lead to consumers canceling some subscription services in order to save money, affecting the entertainment industry.