D'Amaro Sees Disney's IP as Key to Future Success
Disney CEO Josh D'Amaro acknowledged investor frustration with the company's stock price, saying he and investors are 'not happy' with it. However, he expressed confidence in Disney's position as it enters its next chapter, pointing to its streaming business, theme parks, ESPN, and movie slate.
D'Amaro emphasized that Disney's intellectual property gives the company an advantage in the entertainment industry. He highlighted the extensive library of characters and franchises that can drive value across its businesses.
The CEO stated that bringing those assets together under a unified Disney strategy could be particularly powerful for the company, calling it 'exceptionally powerful.'