Locator: 45407DIS.
Updates
August 15, 2023: reminder when Bob Iger returned --
Original Post
Flashback:
In a note to a reader, not-ready-for-prime-time:
Everyone expected Bob Iger’s magic to turn the Magic Kingdom around.
Instead, he does what all struggling companies do: cut costs (cancel projects and fire employees) and raise prices.
No magic bullets. No big deals. No out-of-the-box thinking. No imagination from the darling of Wall Street.
DIS+ continues to fall and loses subscribers.
Shares: one year — 22% loss, though DIS is up 2% today.
From The WSJ, link here:
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The Book Club
Genius: The Life And Science Of Richard Feynman, James Gleick, c. 1992.
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