Disney Analyst
Well-Known Member
Over Iger’s nearly 15 year tenure as CEO, Disney’s total shareholder return outpaced the total shareholder return of the S&P500 by over 200%.
Put simply, the company and all of its competitors are in the midst of the greatest disruption to their existing business model in a generation and, for whatever reason, you want to ignore 15 years of astonishing financial and cultural success and chalk up the recent decline in their financial health to someone who transformed the company into the most powerful and successful entertainment company in the world, while ignoring the obvious challenges facing the entire legacy media industry due to COVID, the rapid decline in cable TV subscribers, and the need to invest significant cash into the pivot from a declining business (linear TV) to a growing business (streaming).
Your facts don’t fit their agenda.