Here’s How The New Disney CEO, Bob Iger Can Fix Disney

After stepping down in early 2020, Bob is back at Disney, and here’s how he can revive the fallen kingdom.

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One of the major challenges Bob Iger has to address is with Disney+.

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According to recent reports, The streaming service has a massive subscriber growth in record time but at a huge cost.

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Yes, Disney+ is no longer profitable as the streaming business lost the company a massive $1.5 billion in this quarter alone.

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Not only this will dishearten the creators, but the stocks of Disney have also been down for a while with this news.

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Disney’s stocks are down to a huge 40% due to streaming failures.

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Another major problem with Disney is the struggling outlets like ESPN.

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ESPN is known for many things but the outlet is losing viewership which is bad for the parent company.

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While Bob might not fix everything bad happening but higher executives at Disney believe that he is the one to revive the company.

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inspire

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Stories

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