The new chief executive at Disney on Wednesday laid out his long-term vision for the company, centered on using technology to reach consumers and increase profits.
In a nearly 3,000-word letter to shareholders accompanying quarterly financial results and comments in a conference call with analysts, Josh D’Amaro emphasized his plans to make Disney+ a digital hub for all the company’s businesses and invest in new technology, particularly around videogames.
Chief Financial Officer Hugh Johnston also answered a burning question among Disney investors by saying the company doesn’t intend to sell or spin off its linear networks, including ESPN.
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