Is Iger Really Breaking Up Disney?

By Travis Hoium – Jul 18, 2023 at 3:15PM

NYSE: DIS

Walt Disney

Market Cap

$207B

Today's Change

(-0.04%) -$0.04

Current Price

$112.73

Price as of April 26, 2024, 4:00 p.m. ET

Disney as we know it may not have many days left.

Walt Disney (DIS -0.04%) CEO Bob Iger has indicated that he's willing to sell some of the company's media assets in order to position it for growth. Is that the right move? Travis Hoium digs into the question in this video.

*Stock prices used were end-of-day prices of July 16, 2023. The video was published on July 17, 2023.

Travis Hoium has positions in Walt Disney. The Motley Fool has positions in and recommends Netflix, Walt Disney, and Warner Bros. Discovery. The Motley Fool recommends Comcast and 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. 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.