Disney CEO says company will 'quiet the noise' in culture wars: Analyst

Walt Disney CEO Bob Iger told investors the company will"quiet the noise" in a culture war that has pitted social conservatives against the global media and entertainment conglomerate, according to an analyst note on Wednesday .

Disney is struggling to make its streaming business profitable, improve the quality of its films, position its flagship sports brand, ESPN, to stream directly to consumers, and potentially shed its television networks. In its most recent quarter, the company beat Wall Street's profit expectations but fell short on revenue.

It is unclear how much of the US$60 billion in new investment in parks will be spent in Florida, where Disney faces increased competition from rivals such as Universal Orlando Resort. Iger previously said the company planned to spend US$17 billion in investment at Walt Disney World over the next 10 years.

Iger’s remarks about its content appear to mirror those he made at the company’s annual shareholder meeting in April.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Ex-New Silkroutes Group CEO Goh Jin Hian, three others charged with market manipulationThe former chief executive of Singapore-listed New Silkroutes Group Goh Jin Hian and three other men were slapped with a total of 132 charges related to false trading offences in the State Courts on Wednesday. The other three men charged are the healthcare and energy...
مصدر: thenewpaper - 🏆 7. / 63 اقرأ أكثر »

Ex-New Silkroutes Group CEO Goh Jin Hian, three others charged with market manipulationGoh, son of former prime minister Goh Chok Tong, and three others were handed a total of 132 charges. Read more at straitstimes.com.
مصدر: straits_times - 🏆 5. / 69 اقرأ أكثر »

New Silkroutes Group ex-CEO Goh Jin Hian, three others charged with market manipulationGoh, son of former prime minister Goh Chok Tong, and three others were handed a total of 132 charges. Read more at straitstimes.com.
مصدر: The Straits Times - 🏆 8. / 63 اقرأ أكثر »