May 7 is going to be a massive day for the Walt Disney Company. Now that Disney CEO Bob Iger has crushed the proxy attack from activist investor Nelson Peltz, he can turn his attention to fixing and updating the theme park division.
But like most earnings calls, Iger will likely have to deliver some bad news to investors. That will probably come in the form of a dramatic decline in Disney+ subscribers or further write-downs from Disney’s 2023 movie flops.
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