Fox, and by Proxy DIS already own 39% stake in Sky. If they had won the bid for SKY then DIS would have won not only a controlling stake in the company, but also 52 million customers. As a longtime DIS investor, I see this short term boon as a long term need to commit to a strategy shift. They are already making plans to roll out their Disney Channel streaming service worldwide. I see this loss as a critical need for them to double down on their already strong strategic plan. Put that debt to work, Iger!
Submitted September 23, 2018 at 12:32PM by Leroy--Brown https://ift.tt/2PVjW5B
