Podknife - Disney Update – 4 Key Points 3-28-23 by Becker Private Equity & Business Podcast

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Disney Update – 4 Key Points 3-28-23

Podcast |: Becker Private Equity & Business Podcast
Publisher |: Scott Becker
Media Type |: audio
Podknife tags |: Business,; Interview,; Investing,; Private Equity
Categories Via RSS |: Business,; Business News,; Entrepreneurship,; Investing,; News
Publication Date |: Mar 28, 2023
Episode Duration |: 00:01:21

Description
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In this episode, Scott shares an update on Disney. Bob Iger announced that he is starting the 7,000 job cuts previously announced. He also noted that the company is restructuring into 3 core divisions. 1. Disney Entertainment, 2 ESPN and 3 Disney Parks, Experiences and Products. Disney is eliminating the metaverse division. Finally Disney is […]

In this episode, Scott shares an update on Disney.

Bob Iger announced that he is starting the 7,000 job cuts previously announced.
He also noted that the company is restructuring into 3 core divisions. 1. Disney Entertainment, 2 ESPN and 3 Disney Parks, Experiences and Products.
Disney is eliminating the metaverse division.
Finally Disney is down 31% over the last 52 weeks but up nearly 10% YTD.

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