Tag: Daniel Loeb
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Wells Fargo Analyst: Disney Spinning Off ESPN in 2023 Likely
“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."
Disney Investor Backs Off Push For ESPN Sale
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".
Disney CFO: ESPN ‘Part Of Our Overall Portfolio’
“As a management team, we always look at our assets and look at, ‘Is our portfolio made up of the right group of assets?"