CEO Bob Iger plans to take an "expansive" and "open-minded" look at the future of Disney's legacy cable and network businesses.
That is Walt Disney Co. Chief Executive Bob Iger, who said Thursday he’ll be taking a hard look at the company’s linear media businesses in the process.
— Disney CEO Bob Iger That is Walt Disney Co. Chief Executive Bob Iger, who said Thursday he’ll be taking a hard look at the company’s linear media businesses in the process. “There’s clearly creativity and content that they create that is core to Disney, but the distribution model, the business model that forms the underpinning of that business, and that has delivered great profits over the years, is definitely broken,” Iger said in Thursday’s interview. “And we have to wait and we have to call it like it is and that’s part of the transformative work we’re doing.”
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