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Bob Iger Built Disney for Hollywood. Josh D'Amaro Is Building It for Main Street. Does D'Amaro's Vision Makes Disney a Buy Down 49% From Its All-Time High?

The Motley Fool·
Bob Iger Built Disney for Hollywood. Josh D'Amaro Is Building It for Main Street. Does D'Amaro's Vision Makes Disney a Buy Down 49% From Its All-Time High?

Disney's new CEO Josh D'Amaro is shifting focus from content to experiences, prioritizing theme parks and cruise ships over media acquisitions. D'Amaro delivered a strong first full quarter with 7% revenue growth and 15% earnings growth, with the experiences segment now accounting for 54% of operating profit. The company is announcing new theme park and cruise ship plans at D23 this weekend, positioning itself as a potential value buy after a 49% decline from all-time highs.

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