2023-01-02

Disney Disaster: Major Bank Makes 2023 Prediction that Woke Behemoth Will Dump ESPN and ABC

Banking giant Wells Fargo has made a 2023 prediction: the Walt Disney Company, which abruptly brought back former CEO Bob Iger to reverse the woke company’s rapid downward spiral late this year, will end its ownership of TV networks ABC and ESPN.

Breitbart Reports: "Bank analysts are predicting that some of the “big changes” Iger promised to initiate will include shedding the TV network and the cable sports network, both of which have been losing viewers, Fox Business Network reported."

“Spinning off the two networks is the best path forward and a probable late 2023 event, leaving the Walt Disney Company an attractive pure play intellectual property company,” FBN wrote."

"If Iger makes the move, it will not be a big surprise to the industry, because Disney has been contemplating the idea for a while already."

"ESPN, in particular, is in a tough spot in planning for the future. As Axios recently noted , ESPN ended 2021 with 76 million cable subscribers, which was down another ten percent from the 84 million it had in 2020. And each year previous to that, the network has lost a similar number of viewers."

Share this story:

Comments

  • notwokeshows

    notwokeshows

    from the old Disqus comment system

    Jan 2, 2023

    If Disney wants to survive, they'll ax Iger and root all the woke propagandists. The fact that Disney is indoctrinating children is the problem. ESPN and ABC are just following the cheese.

No account needed to comment. This browser can edit the comment later. Sign in to attach it to a member name — members can edit from any device.

Captcha: 2 + 8

All news