Disney (DIS) CEO Bob Iger is facing headwinds from a combination of box office bombs, declining park revenues, and a falling linear TV business. Iger was asked by MoffettNathanson analyst Michael Nathanson on the company earnings call if he would consider splitting the company into two. Nathanson’s thesis would be that the first company would be comprised of the parts of the business that are working better, such as the theme parks, Disney+, and Walt Disney Studios. The second company would be comprised of ventures that are struggling or carrying more debt, such as the linear TV networks, ESPN+ and Hulu. Yahoo Finance Senior Reporter Alexandra Canal breaks down the implications of a potential split up of Disney.
