Disney CEO Josh D'Amaro told CNBC he isn't interested in spinning off ESPN, pushing back on investor calls to separate the sports business. He also said he isn't considering the kind of structural moves reshaping the rest of the industry, where Paramount Skydance has proposed a merger with Warner Bros. Discovery and Comcast is spinning out NBCUniversal. Asked about the share price, D'Amaro said he's "not happy with where the stock stands right now," adding that investors aren't either. The stock is down more than 8% over the past twelve months, despite quarterly results last week that showed growth in theme parks and streaming. D'Amaro called the parks division a big surprise last quarter and said Disney isn't immune to the headwinds facing the sector, though he wouldn't say whether further price increases are coming.
Walt Disney CompanyCEO expresses dissatisfaction with stock price, which is down 8% over the past year.
Paramount Skydance Corporation Class B Common Stock
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