Disney Stock Is Falling After the CEO Warned of Slower Growth for Disney+

 Disney Stock Is Falling After the CEO Warned of Slower Growth for Disney+

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https://www.barrons.com/articles/disney-stock-streaming-51632252435


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A focus on storytelling and going directly to consumers is at the heart of Walt Disney‘s actions in the wake of the Covid-19 pandemic, CEO Bob Chapek said on Tuesday. That means increased investment in content for streaming and other distribution channels, expanding to new markets, and upgrading the experience in Disney’s theme parks across the globe. 

“Our goal always was to emerge stronger afterwards than we were before and I think we’ve achieved that,” Chapek said at Goldman Sachs’ annual Communacopia media and telecom…


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