Yes but airlines and automakers are terrible businesses.
Disney should be a money making machine.
All they need is a steady flow of good content and smart investment in all segments of the business.
These buybacks were necessary as Bobs signal to investors to say “Hey I got you.”
Again he is growing the brand by acquiring ( Marvel - Star Wars ) or leeching onto other successful mega brands ( Fortnite - Swift ).
My disdain from Iger stems from the fact that he wants to be the ruler of a media empire that happens to own a few theme parks.
The problem with D+ is streaming is a freaking warzone. It’s going to require 98% percent of Iger’s attention at any given time.
Can Disney be all things to all people?
I think it’s positioned to be but it’s all about the CONTENT.
I really wish they would just leave Iger in charge of growing the media side and bring someone in for Parks and Resorts/Cruise/Merch etc.
It’s a company with unlimited potential run by an egomaniac who thinks that only he has the answers.
