Disney's vast entertainment portfolio includes not only theme parks, but also major television networks like ABC and ESPN, as well as various other companies such as Marvel, Lucasfilm, and 20th Century Fox.
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Compare that to some of Disney's rivals: Comcast's stock is up more than 18% this year, and Warner Bros. Discovery, which owns CNN, is up 22%.
Last month, Iger said Disney is open to selling part of ESPN to a strategic partner, as the company is “dealing head-on with some of our biggest challenges,” including accelerating decline in linear reach. More recently, ESPN has also seen subscriber growth for ESPN+ stall, at least temporarily.
Disney's Shanghai resort isn't actually owned by Disney. It's a joint venture with a state-owned enterprise — i.e., the CCP. The split? The CCP owns 57%, Disney just 43%.