Squawk Pod Reports: Disney CEO Bob Iger 7/13/23
Squawk Pod
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The Disruptive Forces on the Industry
We are reducing what we were expecting to spend in that business. The level of spending that we expected was not sustainable. There's a level of expectation that they have that is just not realistic. It will have a very very damaging effect on the whole business and unfortunately there's huge collateral damage in the industry for people who support services.
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