Disney FY1Q24 Earnings, Disney Buys Minority Stake in Epic Games, Disney, Warner Bros. Discovery, and Fox Announce New Sports App
Today's update will have a Disney focus with the company announcing earnings and two new business initiatives.
Heading into earnings earlier this week, Disney CEO Bob Iger and the board were facing some of the strongest pressure to date from activist shareholders looking to get Disney board seats – and eventually kick Iger out. The pressure served as the backdrop for what was a news-packed earnings release from Disney.
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