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The Fed vs. Fiscal Policy, Disney’s Strategy Shift, and Stocks’ Goldilocks Moment? 7/13/23

The Exchange

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The Importance of Bob Iger's Decision to Dismantle ESPN

Bob Iger has resisted this honestly for years. He put together this company he came from ABC so the idea now that he's finally publicly saying look we may need to move off the ABC group ABC Network some of the linear cable channels find a strategic partner potentially to take a stake in ESPN. These are big changes they are in line with more recent comments Bob Iger made when he was not the CEO or chairman and basically alluded to the fact that the traditional linear TV model is dying. Jim Stewart: This is a really critical time for media as a whole to figure out okay what does the next 20 years look like? Alex Sherman: There's no clear buyer for these networks but if there

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