Reported 9 days ago
Disney CEO Bob Iger stated that the company isn't looking to acquire more assets for competitive strength in the streaming landscape, highlighting that they have already consolidated resources with the acquisition of 21st Century Fox. He emphasized that while they remain open to opportunities, they are not interested in selling existing assets, unlike some competitors facing operational challenges. Following a fiscal quarter that surpassed earnings expectations, Disney's stock responded positively.
Source: YAHOO