Ross Gerber

75 and sunny.

I'm right next to the beach, too, so I don't want to rub it in.

All right, that's enough, Ross.

We're moving on.

You asked.

Well, the Disney story is a little bit sad for me because I'm just like, I've owned this company for my whole life and Iger's done a great job sort of re-fixing the business and getting good movies back in the theaters and such, but they just can't seem to get the momentum going

And the valuation for Disney just makes no sense.

It's so cheap relative to what they're willing to pay for Warner Brothers assets, which are garbage compared to Disney.

But they just seem like maybe this company needs to be broken up.

And that's part of it.

That's part of it.

What does that look like?

well see josh and dana are both great executives so like they have like the fact they have to pick one is the problem because dana runs entertainment and josh runs the the theme parks and all this kind of stuff and they're just completely different businesses with different skill sets and and maybe they should be co-ceos even though i hate that formula for businesses

Disney's just, the parts are worth more than the whole and we've waited five plus years since the pandemic for them to do something good and they haven't.

So it's time for change at Disney and I think it's breaking up the business and spinning off ESPN.

Well, you have theme parks, resorts, and experiences.

The cruise ships is one, and then you have your streaming business as the other, and then you have ESPN Sports as the third, right?

So you have entertainment that's non-sports, and then you have a pure sports play, which they just sold 10% to the NFL.

Yes, and I think it still works now that way, but explain how the sports business really matters when it comes to going on a cruise.

It's nice to have ESPN on the TV there, but there's no relationship really.