lockedoutlogic
DIS Legend
- Joined
- Apr 26, 2007
- Messages
- 15,781
ESPNs troubles spawn from people switching from cable to things like Netflix and Hulu. I could very well see Disney looking into their own Netflix type programming of sorts. A la carte seems the way the future of TV will be.
Which is not gonna reverse course and why Disney will continue to slide in the stock market. Espn is free, easy money that isn't coming back.
That's also the "buyback " program...they're trying to hedge their bets and backstop money that just can't be replaced.
Iger didnt spend all this time trying to crank profits to see his stock portfolio slide now so close to the end...
Which is what happened to Eisner. Say what you want...but even at his worst, craziest, cheapest days he wasnt afraid to spend money/try to push forward. He just lost his edge.
Ironically...one was a creative background and one was a cheap MBA type. It shows in retrospect.