Bob Iger can’t wave a ‘magic wand’ to change Disney’s structural problems: Analyst

Bob Iger can’t wave a ‘magic wand’ to change Disney’s structural problems: Analyst

Disney’s (DIS) Bob Iger will be inheriting quite a mess as he reassumes the CEO position at a company he led for 15 years.

“Disney’s problems are more structural than they are related to who’s running the company,” Doug Cruetz, media analyst at Cowen, told Yahoo Finance Live.

Cruetz listed several fundamental concerns, including a declining linear business, which has been tethered to an increasingly costly sports business at ESPN, in addition to a streaming unit bleeding money amid an…


Source link

About search

Check Also

Kenny Smith hasn't heard from Charles Barkley about retiring from broadcasting: 'We'll see' – Yahoo Sports

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *