Disney (DIS -0.55%) CEO Bob Iger announced a savings plan that would reduce content budgets, jobs, and marketing. The move was initially cheered by Wall Street. This video walks through an investor meeting where Iger explains the thought process behind the changes he's making at Disney.
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Incoming Disney CEO Makes a Splash, Announces Billions in Cost Cuts
By Parkev Tatevosian, CFA
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Feb 16, 2023 at 6:00AM
NYSE: DIS
Walt Disney
Market Cap
$205B
Today's Change
(-0.55%) -$0.62
Current Price
$111.99
Price as of April 22, 2024, 4:00 p.m. ET
The House of Mouse brought back former CEO Bob Iger to take the job again.
Parkev Tatevosian, CFA has positions in Walt Disney and has the following options: long January 2024 $105 calls on Walt Disney. The Motley Fool has positions in and recommends Walt Disney. The Motley Fool recommends the following options: long January 2024 $145 calls on Walt Disney and short January 2024 $155 calls on Walt Disney. The Motley Fool has a disclosure policy.
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