Walt Disney (DIS) is to double parks investment to $60B over the next 10 years. The investment will be made in theme parks and cruises. Dan Rayburn discusses this and diagnoses Disney’s biggest issues, as well as the future of the traditional television model. He questions if Disney will unload ABC and ESPN? He then goes over how Warner Bros. Discovery to launch sport tier on Max Streaming on October 5th. He highlights what investors should know about media stocks. Tune in to find out more about the stock market today.
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