Disney ready to start building its business anew
Disney ready to start building its business anew
Transcript
00:00 Walt Disney CEO Bob Iger addressed employees at a town hall meeting, acknowledging the
00:05 challenges the company has faced, but expressing optimism about its future.
00:10 He highlighted the company's efforts to rebuild and emphasized that building is more
00:14 enjoyable than fixing.
00:16 The presentation coincided with pressure from activist investor Nelson Peltz, who plans
00:22 to challenge the company's board.
00:25 Disney has undergone restructuring under Iger's leadership, aiming to make the business more
00:30 cost-effective.
00:31 The company is also evaluating options for its declining television business and seeking
00:36 investors for ESPN's streaming service.