Q: I just bought an opening position in Disney. I wanted your opinion on cord-cutting in the industry. We've in the past year how cord-cutting and regulatory changes in Canada have impact Corus' anticipated revenues.
With half of Disney's revenue and profits coming from ESPN and other TV franchises, is the current negative sentiment (e.g. subscribers to TV declining) warranted even though there are more high profile near-term catalysts like Star Wars, Marvel etc that will continue to contribute to top and bottom lines for many years to come?
With half of Disney's revenue and profits coming from ESPN and other TV franchises, is the current negative sentiment (e.g. subscribers to TV declining) warranted even though there are more high profile near-term catalysts like Star Wars, Marvel etc that will continue to contribute to top and bottom lines for many years to come?