CNBC's Jim Cramer on Friday ranked major media stocks, choosing Walt Disney as the best of the bunch. "After earnings season, it's worth reassessing the independent media plays, because some of them are doing much better than expected," Cramer said. Walt Disney " this quarter, Cramer said, reporting better-than-expected earnings after years of struggling. Cramer said CEO Bob Iger has taken control of Disney's narrative, expressing confidence that this quarter is a turning point. To Cramer, Disney is likely to deliver on its cost-cutting promises or at least "die trying."

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Persons: CNBC's Jim Cramer, Walt Disney, Cramer, Bob Iger, Disney Organizations: Fox Warner Bros, Paramount, Comcast, CNBC