Refresh
Iger says loads of time was spent on “fixing” earlier issues, a transparent slight on the Chapek regime and the selections he made Iger didn’t agree with. However Iger says that the fixing interval is over, and it is now time to start “constructing.”
All three segments, Leisure, Experiences, and Sports activities, noticed revenue development over This autumn final 12 months. Iger then touts the elevated price slicing in addition to the Disney+ numbers. Disney+ anticipated to be worthwhile by This autumn 2024.
The decision is now going dwell. It’s going to open with a common assertion from Bob Iger. Interim CFO Kevin Lansbury is taking the decision. A brand new everlasting CFO, Hugh Johnson, was named earlier this week, however I suppose he isn’t prepared for prime time but.
Disney’s monetary report has been launched and it appears fairly good on paper. Disney minimize prices by $7.5 billion, $2 billion greater than beforehand introduced, and streaming losses are shrinking, partially on account of a rise in Disney+ subscriptions by seven million, greater than what Wall Road was anticipating.
