ESPN's Financial Breakout: The Key Strategies for Success
Disney (NYSE: DIS) CEO Bob Iger has told investors he's looking for partners for ESPN and may be willing to sell other parts of the business. Last week, we got a view of what ESPN's financials look like, and they were better than many observers expected, especially regarding the company's profitability.
In this video, Travis Hoium goes over the numbers in detail and discusses why it's important for Disney to eventually shift strategic priorities, including how results are reported in the future.
*Stock prices used were end-of-day prices of Oct. 23, 2023. The video was published on Oct. 24, 2023.
Source Fool.com