Walt Disney investors await CEO’s revival plan

New direction: Visitors walk along Main Street at Walt Disney World’s Magic Kingdom in Orlando, Florida. The company is being pressed to speak about the desires to prioritise profit over subscriber growth. — Bloomberg

LOS ANGELES: Walt Disney Co chief executive officer Bob Iger will be expected to discuss a turnaround plan when the media company delivers its first quarterly results since the return of the executive who built the modern incarnation of Disney.

As anxiety sweeps across the rank and file at the entertainment conglomerate, according to employees and company observers, investors said they anticipate Iger will articulate a new vision for the company he built and ran for 15 years.