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THE LATEST ARTICLES
NEWSLETTERS
Can ESPN chief Jimmy Pitaro turn the battleship around?
WALL STREET October 22, 2023
In Disney’s “everything on the table” era, figuring out what to do with ESPN may come down to some consensus of what the asset is worth. I have an answer.
“I’m looking at an overmedicated young man“ said The Mooch. “It’s almost Shakespearean.”
WALL STREET October 18, 2023
Candid reflections on the past, present, and future of the former crypto boy king, from a brief, one-time wingman.
Sam Bankman-Fried seemed like a classic Michael Lewis character.
WALL STREET October 15, 2023
Thoughts on S.B.F. and the Michael Lewis of it all.
In the last two months, Nelson Peltz’s hedge fund, Trian Partners, has rebuilt its position in Disney with around $2.5 billion worth of stock.
WALL STREET October 11, 2023
The feared activist investor is back inside Disney, rattling the cage, agitating for board seats, preparing white papers, and issuing warnings about the ABC fire sale. In my estimation, Iger has two choices: work with Peltz to restore the magic, or resign and find someone who can.


WALL STREET October 8, 2023
A downturn at Candle Media is lowering Kevin Mayer and Tom Staggs’ altitude on the Disney C.E.O. shortlist. Plus, notes on Byron’s ABC bid and Linda’s Twitter/X mess.
Bill Ackman has been in the SPAC game for long before it was trendy.
WALL STREET October 4, 2023
Sure, Bill Ackman knows how to work the media beautifully, as he has many times in his career. But his public promotion of his new SPARC—a sort of SPAC 2.0—isn’t just a tickle: it’s a sign to the market that he’s open for a whale of a deal. And the calls are coming in…
If Linda Yaccarino’s projections for X are to be believed and her presentation next week goes well, then the banks will try to use those projections to sell the debt into the market and get it off their balance sheets.
WALL STREET October 1, 2023
A meeting between C.E.O. Linda Yaccarino and seven Wall Street banks could decide whether investors can finally sell off the company’s debt without losing their shirts in the process. Plus, notes on the fallout from Bill Gates’ Tesla short.
Manhattan District Attorney Alvin Bragg obtained search warrants allowing for the seizure of three artworks by the late Austrian artist, Egon Schiele.
WALL STREET September 27, 2023
Nearly a century after a trove of Egon Schiele masterworks were stolen by the Nazis, District Attorney Alvin Bragg has seized them back. The story of their loss, and recovery, may be the most important development in the world of art restitution in a generation.


Of course, just because Rupert Murdoch is turning the chairmanship of both companies over to Lachlan, no one believes he is giving up control of either Fox or News Corp.
WALL STREET September 24, 2023
Notes on the latest storylines in media and finance: the Murdoch family trust, a rocky road for I.P.O.s, and a silver lining at Disney.
Bob Iger
WALL STREET September 20, 2023
Musings on the fate of the once-great Walt Disney Company and whether it would be great once again. Does that mean spinning off ABC and ESPN together?
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