Basically rode espn into the ground...and couple that with not moving on this vaunted new streaming service until late in the game.What happened with TV??? first let me say, I really know nothing about Igers rein of terror, lol. I admit, I'm probably the anti thesis of you guys. I go to the parks, if I have a good time I return, if I have a couple of bad visits I take a break. secondly I have stock (not through my 401K) so I'm a happy camper when I saw that value increase. I apologize if this is a stupid question but What did Iger do to TV.?
15 years ago the largest chunk of Disney’s business was gleaned off charging for espn and ads - in a nutshell. As that has retreated, the second biggest - parks - has experienced massive price increases.
Coincidence, huh? That would be if you BELIEVED in coincidence. They didn’t have a choice...so they jacked it. We customers are stupid enough to allow it to succeed.
The story. It’s not about “undervalued” or “crowd control”....
Market factors aside...that is the basis of the story.