In his latest stint at the helm, longtime Disney chief must figure out how to make streaming profitable, analysts say.
Iger, who previously led Disney as CEO for 15 years before stepping down in 2020, returns after a string of disappointing financial results, while the company's stock price has tumbled 48% this year. Layoffs loom. Here are three things Wall Street analysts say Iger is likely to focus on to restore the entertainment giant's mojo. combined. Disney+ added 12.1 million customers this quarter, while ESPN+ added 7 million and Hulu added 3.4 million.
Analysts think Iger will likely ditch the wide range of content on Disney+ and tighten its focus although no such plans have been formally announced.
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