Mark Mwachiro
Mark Mwachiro
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Analysis: What the Future Holds for TV News Divisions After Bob Iger’s Comments

Analysis: What the Future Holds for TV News Divisions After Bob Iger’s Comments

They were once considered the crown jewels within a media empire, but the fate and future of TV News divisions got a lot shakier after Disney CEO Bob Iger’s latest comments regarding his company’s linear television business. During an interview on CNBC’s Squawk Box with David Faber, Iger said that the linear television business comprising ABC, local stations and entertainment-focused cable networks is no longer considered a core business for The Walt Disney Co. “Yeah, there’s clearly creativity and content that they create that is core to Disney, but the distribution model, the business...

July 13, 2023
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