Activist Loeb Takes New Stake in Disney, Urges ESPN Spinoff

The transcript discusses Disney's strategic considerations, including potential cost cuts, buying a stake in Hulu, and the value of ESPN. Activist investor Dan Loeb's influence and past track record are examined, along with Disney's response to his suggestions. The importance of ESPN to Disney's portfolio and the potential full ownership of Hulu are also analyzed.

What are some of the changes that Dan Loeb is calling for in his letter to Disney?

How did Disney respond to Dan Loeb's suggestion about spinning off ESPN?

What reasons does Paul give for keeping ESPN as part of Disney's portfolio?

What does Leanna mention about Dan Loeb's track record with boards?

What are the potential implications of Disney buying Hulu from Comcast?

What does the discussion reveal about the tension within Disney regarding Hulu?

How does the conversation reflect on the future of Disney's content strategy?