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Market has gotten ahead of itself on Disney, says Engine Media's Tom Rogers

Disney shares slipped more than 3% after the company’s fiscal second-quarter revenue missed analyst expectations. The media giant reported revenue of $15.61 billion, which was short of the $15.87 billion analysts surveyed by Refinitiv were expecting. The company also reported lower-than-expected subscriber counts for its streaming service. Sara Fischer, media reporter at Axios, and Tom Rogers, executive chairman of Engine Media and former CEO of TiVo and former NBC Cable president, joined "Squawk Box" on Friday to discuss.
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