Loeb had called for the sale or spin off last month, but now says he has a 'better understanding of ESPN's potential as a standalone business.'
“We have a better understanding of ESPN’s potential as a standalone business and another vertical for Disney to reach a global audience to generate ad and subscriber revenues,”
Loeb said in a pair of tweets Sunday. “We look forward to seeing [ESPN chief Jimmy Pitaro] execute on the growth and innovation plans, generating considerable synergies as part of
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Activist investor Dan Loeb steps back from his push for Disney to sell ESPNActivist investor Dan Loeb signaled Sunday morning on Twitter that he is backing off his push to persuade Walt Disney Co. to spin off its popular sports...
Les mer »
Loeb reverses course on push to get Disney to spin off ESPNActivist investor Dan Loeb indicated that he's going to retreat from his push to get Disney to spin off ESPN.
Les mer »
Activist Investor Dan Loeb Backs Off Pushing Disney to Sell ESPNThe investor said he wants to see Disney move forward with ESPN’s “growth and innovation” as Disney recommits to plans for the sports network.
Les mer »
Investor Daniel Loeb Backs Off Disney-ESPN Sale Proposal, Citing ‘Better Understanding’ of Company’s ‘Growth and Innovation’ PlanActivist investor Daniel S. Loeb of Third Point has backed off his proposal from last month for Disney to divest itself of ESPN in order to devote even more resources to content creation for stream…
Les mer »