After a run of acquisitions during his first tour as Disney CEO, Bob Iger is looking to shrink the company.
He's looking to Disney's IP-driven parks, streaming, and film studios to drive growth.
"They are our film studios, our parks business, and streaming, all of which are inextricably linked to our brands and franchises."
2024 will bring some clarity to Disney's streaming business.
"The streaming business with ESPN going direct to consumer can generate a lot of subscriptions and hopefully be a positive earnings contributor.
Persons:
Bob Iger, He's, Iger, Wells, Steven Cahall, MoffettNathanson's Michael Nathanson, Iger's, hasn't, Macquarie, Tim Nollen, Doug Shapiro, Shapiro, Disney, It'll, there's, Tim Cook, Eddy, Drew Angerer, Disney's, Penn, Joel Simkins, Stratechery's Ben Thompson, Thompson, — Iger, mused, signups, he's, Kevin Lansberry, I'm, Nollen
Organizations:
Disney, ABC, FX, Geographic, ESPN, Google, Netflix, Warner Bros, Discovery, Warner Bros . Discovery, Comcast, Marvel, Pixar, Apple, Walt Disney, Turner Broadcasting System, Apple's, Hulu, ESPN Iger, Penn Entertainment, Houlihan, Global Technology Group, LightShed Partners, Flagship
Locations:
Orlando , Florida, Sun