Writers walk the picket line on the second day of the television and movie writers’ strike outside Disney Studios in Burbank, California on May 3, 2023.
Robyn Beck | AFP | Getty Images
A writers strike, a feud in Florida and ongoing company-wide layoffs — there is a lot more than quarterly earnings for CEO Bob Iger and the Walt Disney Company to address on Wednesday.
As the pandemic era fades, Disney has staged a rapid financial recovery within most of its divisions, from theme parks to theatrical entertainment. Meanwhile, its streaming business has slowed and it continues to face headwinds in its traditional media business as consumers cut cable and advertising revenue plummets.