Tough Love For New Disney CEO Josh D'Amaro As Wall Street Frets Over Sluggish Stock
Wall Street analyst Rich Greenfield has a tall order for Josh D’Amaro. In a note yesterday, he urged Disney’s new CEO to exit linear television, take more creative risks and pursue a transformative acquisition, particularly in the user-generated content space. Michael Morris of Guggenheim said Disney under D’Amaro needs to deliver “a more regular cadence of excellence” in branded and new content releases and provide increased transparency and guidance across all its businesses – streaming, film, television ...