There's No Easy Solution for Disney's Media Business. Here's Why.
Walt Disney (NYSE: DIS) is an icon in the media world, with a powerful portfolio of media properties. And yet the stock is trading down around 60% from its 2021 peak. What's going on? The answer is that new business opportunities aren't doing well enough to offset declines in the company's older businesses. It's a big problem.
Characters like Mickey Mouse, Captain America, and Luke Skywalker are recognized around the world. For a certain type of consumer, they might even evoke a little more emotional excitement than you might expect for what are basically just fictional beings. But that's the power of the media properties Disney owns, and those three names are just a tiny fraction of the company's collection.
Image source: Getty Images.
Source Fool.com
