I made an additional investment in Disney despite recent workforce cuts and high-profile salary increases, such as Stephen A. Smith's $100 million ESPN deal. While these moves raised concerns, Disney is also addressing employee compensation through substantial raises for unionized animation workers, signaling a commitment to talent retention. ESPN's content, including First Take, remains crucial to its portfolio. Despite short-term challenges, Disney’s focus on quality content and talent investment positions it for future growth, especially as it navigates the evolving media landscape.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links: