I made an additional investment in Disney, viewing the current stock dip as an opportunity. Despite workforce cuts, Disney's strategic investments, like the $100 million deal for Stephen A. Smith, signal confidence in ESPN's value and content. Additionally, the company’s commitment to its workforce with significant pay raises and improved benefits shows a long-term focus on talent retention. While short-term concerns about cost management exist, I believe Disney's overall content strategy and media investments position it well for future growth, making the stock an attractive buy at current levels.
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