Disney+ Signals the Future as Iger Hopes to Unseat Netflix

Disney+ Signals the Future as Iger Hopes to Unseat Netflix
The Disney logo outside the Disney Store in Times Square in New York on Dec. 14, 2017. Drew Angerer/Getty Images
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All eyes are on Disney+ with Walt Disney Co.’s investor day scheduled to kick off April 11, five years after management last hosted shareholders at an ESPN event in April 2014. The new streaming service will fundamentally shape Disney’s future as the media conglomerate vies to upend Netflix Inc.

Wall Street is hoping Bob Iger will address a variety of topics. In addition to much-awaited specific details on Disney+, investors are also looking for subscriber-based key performance metrics for streaming platforms, a strategic game plan for Hulu and an idea of just how low near-term EPS will go. Disney shares fell as much as 0.7 percent intraday.