Disney CEO Bob Iger Says Entertainment and Experiences Are in ‘Healthy Competition’ For Profitabilit

Both Disney’s entertainment ventures and experiences, such as Disney Parks, are now in a “healthy competition” for profitability, CEO Bob Iger said in the Q1 investor call this morning. Entertainment and Experiences Are Profitable “Look, if you go all the way back to 2005, when I became CEO, the return on investment of capital, and the then parks and resorts business, was not impressive,” Iger explained. “And actually [it was] not acceptable. ” He noted that the company wasn’t building or expanding its experiences due to the low levels of returned invested capital....