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Thursday, August 10, 2023

Dissing DIS, Part 2 -- August 10, 2023

Locator: 45407DIS. 

Updates

August 15, 2023: reminder when Bob Iger returned -- 

Original Post

Link here:

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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