Bob Iger says Disney doesn't ‘need more assets right now' to thrive in 'disrupted media world' [Yahoo! Finance]
Walt Disney Company (The) (DIS)
Last walt disney company (the) earnings: 2/4 04:05 pm
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Source: Yahoo! Finance
"We don't really need more assets right now, either from a distribution or from a content perspective, to thrive in [a] disruptive media world," the executive told investors on the company's fourth quarter earnings call Thursday morning. "In a way, we've already consolidated," he said, citing the acquisition of 21st Century Fox , announced in late 2017 . "And while I think we'll always look opportunistically at opportunities, as we've proven in the past, we certainly don't shy away from those. ... We, in many respects, have already consolidated." Iger said the Fox acquisition yielded "a tremendous amount of content," calling out key assets like the "Avatar" franchise and eventual full ownership of Hulu. Management added it's also not interested in divesting or selling off assets it currently owns, although its competitors have hinted at the possibility. Last week, Warner Bros. Discovery ( WBD ) CEO David Zaslav said the company is exploring "all things operationally and strat
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DIS
Earnings
- 11/14/24 - Beat
DIS
Sec Filings
- 11/14/24 - Form 10-K
- 11/14/24 - Form 8-K
- 11/12/24 - Form 144
- DIS's page on the SEC website