With Comcast Spinning Off NBCUniversal, Would Disney Separating Its Parks Business Help Its Beaten-Down Stock Price?
Yahoo Finance ·
In the world of megacap stocks, Walt Disney ( DIS +3.85% ) is among the more disappointing performers. During the past 10 years, its stock has been little changed. The huge changes in the entertainment industry amid the pandemic and home media technology have weighed on the stock, as has turmoil within its top management. Given these factors, one might wonder how to improve the stock. Amid Comcast 's spinoff of NBCUniversal, some analysts have considered Disney separating its parks business, but would such a move help boost Disney's stock ? Let's take a closer look. Comcast originally bought NBCUniversal in 2011 to capitalize on both the service and its content. This included media outlets such as NBC and Telemundo, as well as the Universal theme parks. However, Comcast did not achieve the synergies it had hoped for because being a content provider is fundamentally different from providing infrastructure and services. Consequently, it has decided to unwind the merger through a spinoff.
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