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Don\u2019t expect pixie dust for Disney\u2019s new CEO. Josh D\u2019Amaro replaced Bob Iger at the top spot today, taking the reins of a company facing questions about AI, new franchises, video games, and whether to sell its declining TV networks like ESPN and ABC.<\/p>\n
Disney\u2019s stock has barely budged in a decade and has nearly been cut in half from its all-time high five years ago, according to Business Insider<\/a>. Analysts say D\u2019Amaro needs to develop new franchises that work across parks, merchandise, games, and streaming\u2014not just squeeze more cash from superheroes and sequels.<\/p>\n Video games are both a potential treasure island for new IP and a way to reach younger audiences who crave interactivity. D\u2019Amaro\u2019s parks division invested $1.5 billion in Epic Games, and Disney characters are already in Fortnite.<\/p>\n The biggest question: whether to sell ESPN, recently valued at $30 billion, and other TV networks that analysts call Disney\u2019s weakest business.<\/p>\n<\/p><\/div>\n Don\u2019t expect pixie dust for Disney\u2019s new CEO. Josh D\u2019Amaro replaced Bob Iger at the top spot today, taking the reins of a company facing questions about AI, new franchises, video games, and whether to sell its declining TV networks like ESPN and ABC.<\/p>\n Disney\u2019s stock has barely budged in a decade and has nearly been cut in half from its all-time high five years ago, according to Business Insider<\/a>. Analysts say D\u2019Amaro needs to develop new franchises that work across parks, merchandise, games, and streaming\u2014not just squeeze more cash from superheroes and sequels.<\/p>\n Video games are both a potential treasure island for new IP and a way to reach younger audiences who crave interactivity. D\u2019Amaro\u2019s parks division invested $1.5 billion in Epic Games, and Disney characters are already in Fortnite.<\/p>\n The biggest question: whether to sell ESPN, recently valued at $30 billion, and other TV networks that analysts call Disney\u2019s weakest business.<\/p>\n<\/p><\/div>\n