The Walt Disney Co

DIS: XNYS (USA)

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Strength in Disney’s Parks and Characters Easily Offsets Secular Headwinds in Several Other Areas

Matthew Dolgin

Feb 23, 2026

Business Strategy and Outlook

With heavy investment and good execution in parks and experiences and streaming, Disney has transitioned its business so that the ongoing, swift decline in traditional pay television is no longer a critical threat to the company. Its diverse portfolio of successful businesses sets it apart from its traditional media peers.

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The Walt Disney Co

Strength in Disney’s Parks and Characters Easily Offsets Secular Headwinds in Several Other Areas

Business Strategy and Outlook

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