Bob Iger is the boss of Disney. He said that his company spent much less money on traditional TV shows and channels because they want to focus more on online streaming. Streaming means watching movies and shows on the internet instead of using a TV cable or box. Read from source...
- The title is misleading and clickbait, as it does not reflect the main content of the article. The article focuses on Bob Iger's statement about Disney's reduction in traditional TV spending and its shift to streaming services, rather than criticizing or praising his decision.
- The author uses vague terms such as "pretty dramatically" and "comfortable with our hand right now" without providing any concrete numbers or data to support the claims. This makes it difficult for readers to understand the magnitude of Disney's changes and their implications.
There are several factors to consider when making an investment decision in Disney or Netflix. These include the current market trends, the competitive landscape, the company's financial health, and the potential impact of streaming services on their respective business models.