Disney Update – 4 Key Points 3-28-23

In this episode, Scott shares an update on Disney.

1. Bob Iger announced that he is starting the 7,000 job cuts previously announced. 
2. He also noted that the company is restructuring into 3 core divisions. 1. Disney Entertainment, 2 ESPN and 3 Disney Parks, Experiences and Products. 
3. Disney is eliminating the metaverse division. 
4. Finally Disney is down 31% over the last 52 weeks but up nearly 10% YTD.

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