Tag: Daniel Loeb

“We think Bob Iger is returning to [Disney] ready to make big changes. With linear and sports trends diverging from core IP, we think severing the company is increasingly logical."

During a Twitter thread Sunday, Loeb said he now "has a better understanding of ESPN's potential as a standalone business and another vertical for Disney to reach a global audience to generate ad and subscriber revenues".

“As a management team, we always look at our assets and look at, ‘Is our portfolio made up of the right group of assets?"