The chapter delves into Disney's post-proxy fight landscape, emphasizing Bob Iger's pressure to achieve streaming profitability by 2024. It discusses the significance of Disney parks in driving profits, uncertainty in capital expenditure allocation, and the importance of succession planning. The debate over internal vs external leadership candidates, challenges in making Disney Plus profitable, Apple's exploration into personal robotics, and Disney's $60 billion investment in park revamping are also highlighted.
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Bloomberg Intelligence Technology and Media Analyst Geetha Ranganathan, Bloomberg News Deals Reporter Crystal Tse and Jamie Lumley, Senior Analyst at Third Bridge Group, discuss Walt Disney Co. shareholders handing Chief Executive Officer Bob Iger a vote of confidence on Wednesday, rejecting dissident investor Nelson Peltz’s bid for a board seat at the giant entertainment company. Bloomberg News Economics Editor Molly Smith breaks down Wednesday's comments from Fed Chair Jay Powell. Bloomberg Businessweek Senior Global Business Writer Devin Leonard shares the details of his Businessweek Magazine cover story ‘Bluey’ Creator Is Worried About What’s Next for $2 Billion Show. And we Drive to the Close with Alan Lancz, Research Director at LanczGlobal.com.
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