Disney shares experienced a minor lift following the announcement of Bob Iger's eventual replacement in 2026, but overall performance remains subpar with significant declines in stock value since 2020.
Despite Bob Iger's efforts to turn Disney's streaming service profitable, Disney+ has faced immense competition and has incurred substantial losses since its launch in 2019.
The most recent quarter showed modest revenue growth for Disney, but a struggling theme park division that accounts for nearly half of operating income raised concerns about potential overpricing.
Disney's foray into streaming was initiated by Iger, yet the traditional media and theme park sectors have not been enticing for investors in light of recent performance.
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