Acquire Licensing RightsNEW YORK, Sept 20 (Reuters Breakingviews) - Bob Iger can’t get off the roller coaster.
Walt Disney’s (DIS.N) chief executive plans to double the Magic Kingdom’s investment in theme parks and other experiences to $60 billion over the course of about 10 years.
On the other, Disney’s dwindling cash and the increasing demands for it is cause for concern.
One issue is that Disney’s free cash flow has plummeted.
No wonder adding theme parks to the list is making shareholders skittish.
Persons:
Bob Iger can’t, Walt Disney’s, Iger, Jennifer Saba, Bernie Sanders’s, Jeffrey Goldfarb, Sharon Lam
Organizations:
Writers Guild of America, Walt Disney Studios, Reuters, Disney, Comcast, Pearson’s, Thomson
Locations:
Burbank , California, U.S, Hulu