Tag: Walt Disney
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FOX CEO Says New Sports Mega Bundle Will Go After ‘Cord Nevers,’ and Isn’t Worried About Hurting Cable
FOX CEO Lachlan Murdoch said he believes the new sports mega bundle created alongside Disney’s ESPN and Warner Bros. Discovery will allow the company to tap into a market of “cord nevers,” which he said was as large as 60 million households. At the same time, he also downplayed the risk that this would accelerate…
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Break Up Disney? One Activist Investor Wants to Split Up the Media Giant
The battle over Walt Disney’s future has gotten even more complicated, with another activist investor jumping in with his own proposal to break up the media giant in smaller businesses. The proposal comes from Blackwells Capital, a second investor looking to shake up the company with its own candidates to serve on the board. In…