ESPN Expected to Drag Down Disney Earnings

The video discusses Disney's recent challenges, including ESPN staff cuts and negative revenue growth due to rising costs and a declining subscriber base. It highlights the impact of cord cutting on Disney's revenue and the company's strategies to mitigate losses through streaming services. Despite these challenges, Disney's film business and theme parks are thriving, with successful releases and expansions. Analysts project a return to positive revenue growth, and CEO Bob Iger provides insights into the company's future outlook.

What recent action did Disney take in response to challenges at ESPN?

• Partnered with a new sports network

• Expanded ESPN's programming

• Laid off about 100 staffers

• Increased subscription prices

What percentage of Disney's revenue comes from its media networks?

• 60%

• 50%

• 40%

• 30%

How is Disney attempting to counteract losses from cord-cutting?

• By launching new sports channels

• By reducing ESPN's subscription fees

• By participating in streaming services like Hulu Live

• By increasing advertising on ESPN

Which Disney film posted a record opening in March?

• Pirates of the Caribbean

• Cars 3

• Beauty and the Beast

• Star Wars

What is the expected growth in operating income from Disney's theme parks by 2020?

• 80%

• 70%

• 64%

• 50%