New Disney CEO Should Quit as Fast as Possible

Media reports say Josh D'Amaro, the head of Walt Disney Co.'s (NYSE: DIS) theme park operation, will replace on-again off-again CEO Bob Iger, who has effectively run the company into the ground. The best thing D'Amaro can do in the current period of media mergers is put Disney on the market and hope that the Ellisons will buy it as part of their rush to control the entire sector. Iger, who was supposed to be a magician, ran Disney during some of its best days. From 2005 to 2029, he went on an M&A tear. He a ...