And then finally, in this week's fail of the week, we have Bob Iger. Now, Bob Cheek is the one talking here, so there's two Bobs, but it's not Bob Cheek that's a fail of the week.
It's Bob Iger. And I believe this one is long overdue.
Then we have Disney itself, the company that has likely one of the biggest brand recognitions in the world. And the stock is completely flat for the past 10 years. It's up 14% in a decade and this is Disney under Bob Iger. This is his doing.
And now, let's talk about the next project on your list today, Disney. Is this a bet on live streaming? Well, first and foremost, the live stream is performing well.
Disney's executive management achieved revenue growth of approximately 10% in the last quarter, and attributed this success to the implementation of the "One Disney" operating model, which integrates commercial franchises, data and technology to maximize the value of the company's intellectual property.
Rick, I know you were optimistic about Netflix and Disney. Now, if you are going to invest new money, and you have no prior ownership. Does either of them represent a buying opportunity for you, and which one would you choose?
