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Disney could soon sell its TV assets as Iger says business 'may not be core' to the company


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38 minutes ago, Jason said:

:wat:

 

107192354-1675986019672-NUP_200635_00495
WWW.CNBC.COM

Disney CEO Bob Iger appeared for an interview with CNBC's David Faber the morning after announcing a contract extension through 2026.

 

He's referring to its "linear" TV assets (ABC/ESPN/FX/National Geographic), not the streaming assets.

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On the one hand I feel like this is a surprise given that there still seems to be a good amount of money in the right forms of linear TV, and it is hard to imagine that linear TV completely disappears terribly soon. If linear TV shrinks it seems like Disney owning that space makes a certain amount of sense.

 

On the other hand, they've already bet the future of the company on streaming, so may as well accelerate that transition as much as possible and put all your resources towards streaming.

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3 hours ago, Spawn_of_Apathy said:

Though many of those Tv assets provide content for their streaming assets. It will reduce value of the streaming platforms if they no longer have that content. 

Most of the streming assets produce content for HULU not Disney+. The only way this makes sense is if they divest themselves of their Hulu interest as well and focus solely on Disney+. Wouldn't make sense for them to get rid of their linear TV assests but keep Hulu.

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27 minutes ago, skillzdadirecta said:

Most of the streming assets produce content for HULU not Disney+. The only way this makes sense is if they divest themselves of their Hulu interest as well and focus solely on Disney+. Wouldn't make sense for them to get rid of their linear TV assests but keep Hulu.


some of the more family friendly content from their Tv assets is on both platforms.  But I agree, there doesn’t seem to be much reason to keep a stake in Hulu if they no longer own any of the programming on it. Means my bundle of Disney + Hulu + ESPN + goes away. 

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Recently in an interview with CNBC, Disney CEO Bob Iger left an option open to sell some of its TV assets as it struggles with cord cutting. This included selling part of ESPN to a...

 

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