Dan Loeb sprinkles pixie dust onto Disney’s plans

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Activist investor Dan Loeb wants Disney to direct its annual $3 billion in dividends toward streaming service Disney+. Catching up to Netflix requires capital so it’s an easy ask, writes jennifersaba.

 

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Activist Investor Dan Loeb on Why Disney Needs to Double Its Streaming Spending (EXCLUSIVE)Dan Loeb believes that The Walt Disney Company could conquer the world of streaming. But it hasn’t yet, and it might need some help. The activist investor argued in a letter to Disney CEO Bob… Absolute genius. Disney is doing a terrible job. He's right on everything. They should have added Black Widow. They should add Cruella. Soul. Raya. they need to invest more in new content and buying out old contracts. One interface.
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