3 Things Disney's Bob Iger Needs to Do Before the End of 2024
It's been six months since Bob Iger returned to the helm at Walt Disney (NYSE: DIS), and investors have to wonder if it's been a roundtrip to nowhere. The stock closed at $91.80 before Iger was reintroduced as the media giant's CEO in late November. It ended Monday's trading session at $91.82, essentially unchanged.
Unlike the stock price, Iger isn't simply marching in place. He has a lot to do as he plays out his two-year contract as the Big Cheese at Disney. Let's take a look at some of things that should be high on Iger's CEO bucket list before his term is up at the end of 2024.
There's no confusion about the primary objective on Iger's punch list. Disney+ is losing a lot of money. The entertainment tastemaker's direct-to-consumer streaming segment posted a $4 billion operating loss in fiscal 2022, and the deficit stands at $1.7 billion through the first half of fiscal 2023.
Source Fool.com
