Disney (DIS) has some serious decisions to make now that Bob Iger has returned as CEO. One question includes the murky future of ESPN and whether or not the media giant should consider spinning off the popular sports network — a suggestion previously made by Third Point’s Dan Loeb. Loeb argued ESPN would have greater flexibility to pursue business initiatives, such as sports betting, if it was not part of Disney. “We’re very much against spinning off ESPN… that’s the dumbest thing ever,”… Source link
Read More »The absolute dumbest thing in Washington
A general view of the U.S. Capitol Building on May 14, 2021 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) You’ll be hearing a lot about the debt ceiling in coming weeks. Tune it out. Learn something useful about real ceilings, instead. Or watch the latest Lil’ Nas X video in slo-mo. Or maybe try to get to know Matt Damon. You won’t, but it will still be time better spent than worrying about the debt ceiling. You shouldn’t be reading this story. Stop reading! I just told… Source link
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