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 impact have cord cutters had on ESPN's revenue?

What are some of the upcoming films that Disney is expected to release?