Disney(NYSE: DIS) CEO Bob Iger has told investors he's looking for partners for ESPN and may be willing to sell other parts of the business. Last week, we got a view of what ESPN's financials look like, and they were better than many observers expected, especially regarding the company's profitability.
In this video, Travis Hoium goes over the numbers in detail and discusses why it's important for Disney to eventually shift strategic priorities, including how results are reported in the future.
*Stock prices used were end-of-day prices of Oct. 23, 2023. The video was published on Oct. 24, 2023.
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Travis Hoium has positions in Walt Disney. The Motley Fool has positions in and recommends Netflix and Walt Disney. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
