Disney in the long term is fine...I knew them in the 90s when they were in real trouble...
Now I will agree, ESPN is dragging them down but I really believe we will figure it out...
Movies. TV. Themes. Those are their top assets.
ESPN is high but they are paying too much for their talent. Its not the content. Its the talent that I complain about. I can spit out statistics.
ESPN Operating margins are ridiculous and we are on their backs to reduce it...frankly they need to fire close to ~40-70% of their talent and they wouldn't skip a beat...
I am not happy about Rex Ryan hire unless they can give me double benefits...