Daniel Loeb, a billionaire activist investor of Walt Disney, announced he has changed his mind in pushing the company to sell ESPN

[{"selector":"#anim-3047f6b7-e94d-4ea2-b7c2-348a15514eb1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b4839c10-9062-45d9-ab59-0b4d48899665","keyframes":{"transform":["translate3d(0px, 175.67989%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The founder of Third Point, who owns a stake of around $1 billion in Disney, had earlier this year asked the company to make some major changes, including selling the sports channel. Reuters

[{"selector":"#anim-6de23470-9a75-4b58-be64-787d1429ee5d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bae235e6-8e06-4d98-83df-46cb4806329f","keyframes":{"transform":["translate3d(0px, 156.14819%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Loeb tweeted Sunday that he has a better understanding, of the value of ESPN, after Disney CEO Bob Chapek said at this weekend's D23 Expo that the company had plans for the channel to play a large part of the company's entertainment offerings Wall Street Journal

[{"selector":"#anim-9c2c1e19-0b16-40f6-b798-9cef5d1d347b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6eb425cb-03fa-4d09-933c-672a94a307f3","keyframes":{"transform":["translate3d(0px, 170.14816%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Disney diehards were dazzled by sneak peeks of the entertainment juggernaut's upcoming slate-including previews of "Star Wars" projects and plans for the Marvel Cinematic Universe. Among the event's big reveals Casino.org

New footage of the highly anticipated sequel "Black Panther-Wakanda Forever" and a preview of "Ant-Man and the Wasp-Quantomania."

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A first look at "Indiana Jones 5", which Harrison Ford says is his final turn as Indy in the film franchise

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Previews of new "Star Wars" spinoffs, including "Andor" and the animated "Tales of the Jedi."

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A first look at the live-action version of the animated classic "The Little Mermaid." It also announced the name of its sixth cruise ship, the Disney Treasure, and said new character meet-and-greets are coming to Disneyland and Disney World, among other highlights

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Daniel Loeb, a billionaire activist investor of Walt Disney, announced he has changed his mind in pushing the company to sell ESPN

New footage of the highly anticipated sequel "Black Panther-Wakanda Forever" and a preview of "Ant-Man and the Wasp-Quantomania."

A first look at "Indiana Jones 5", which Harrison Ford says is his final turn as Indy in the film franchise

Previews of new "Star Wars" spinoffs, including "Andor" and the animated "Tales of the Jedi."

Thank You For Reading

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