Bob Iger Won’t Rule Out Sale Of Smaller Networks As Cable Consolidates But Says Disney’s Linear Business “Not A Burden At All”

With Comcast planningto spin out NBCUniversal cable networksandWarner Bros. We actually are at a point where thelinear networksat our company are not a burden at all.

Theyre actually an asset, he told investors on a post-earnings conference call.

Managing the decline oflinear televisionwhile ramping up streaming is the biggest challenge of traditional media.

Bob Iger arriving at the 2024 Oscars Nominees LuncheonGetty Images

Disney is not in a bad place on that front as itslatest earningsshowed.