It was a year ago that Robert Iger, chief executive of The Walt Disney Co., stunned analysts and investors with news that its crown jewel, ESPN, was losing subscribers for what may well have been the first time in its 36-year history. This proved to be a drag on shares, which tumbled better than 12% on the news. What’s happened since then?
It was a year ago that Robert Iger, chief executive of The Walt Disney Co., stunned analysts and investors with news that its crown jewel, ESPN, was losing subscribers for what may well have been the first time in its 36-year history. This proved to be a drag on shares, which tumbled better than 12% on the news. What’s happened since then?
Share this Article
Recommended