Comments posted organically
SelectSmart.com Homepage
Display Order:

So we're in the market for a house...
Nonprofit by Ponderer     February 4, 2024 6:09 pm (Rating: 0.0) Last comment by: Curt_Anderson (36 comments) [412 views]


Clueless Sen. Tuberville 'running in circles' in response to IVF question
Politics by Curt_Anderson     February 23, 2024 12:53 pm (Rating: 0.0) Last comment by: Indy! (1 comments) [8 views]


Tulsi Gabbard is a transformative political leader... speaking at EFFIN CPAC
Politics by HatetheSwamp     February 23, 2024 10:04 am (Rating: 0.0) Last comment by: Indy! (5 comments) [37 views]


Joe Manchin interview: Electing Trump would be very detrimental to US, world. Biden too liberal now.
Politics by Curt_Anderson     February 22, 2024 12:48 pm (Rating: 0.0) Last comment by: Indy! (2 comments) [60 views]


THE DRINKS ARE ON ME, BOYS!!!
Alcoholic Beverages by Ponderer     February 21, 2024 6:50 pm (Rating: 0.0) Last comment by: Indy! (7 comments) [141 views]


Matt Gaetz says his GOP colleagues pushing the now indicted "highly credible confidential" source were a little "over-sauced".
Politics by Curt_Anderson     February 22, 2024 10:53 pm (Rating: 0.0) Last comment by: Indy! (3 comments) [56 views]


What to expect from Jim Biden's testimony before the House Oversight Committee...
Government by HatetheSwamp     February 21, 2024 8:24 am (Rating: 0.0) Last comment by: oldedude (32 comments) [299 views]


To set the record straight, GOPs are stoked for impeachment after Jim Biden's lies under oath
Crime by HatetheSwamp     February 22, 2024 6:57 am (Rating: 0.0) Last comment by: (0 comments) [21 views]


The truth about Alexander Smirnov and the GOP push to impeach the Doddering Old Fool
Politics by HatetheSwamp     February 22, 2024 6:43 am (Rating: 0.0) Last comment by: (0 comments) [7 views]


So it really is Russia, Russia, Russia that helps Trump get elected
Crime by Curt_Anderson     February 20, 2024 5:42 pm (Rating: 0.0) Last comment by: HatetheSwamp (10 comments) [103 views]


Disney selectors, pages, etc.
Disney's mice are starting to jump ships as Iger starts to unload assets
By oldedude
July 14, 2023 2:29 pm
Category: Disney

(0.0 from 0 votes)
Rules of the Post

SelectSmart.com SelectSmart.com SelectSmart.com


Rate this article
5 Stars
4 Stars
3 Stars
2 Stars
1 Star
0 Stars
(5=best, 0=poor)

So just forget what indy, the wonder child of stocks said.

Disney considering sale of non-ESPN linear TV assets, Bob Iger says

Disney is weighing a sale of the company's linear TV business including broadcast network ABC, though it still plans to keep ESPN, CEO Bob Iger told CNBC.

Why it matters: Since returning as CEO last year, the industry has been waiting for Iger, one of media's biggest dealmakers, to make his first big move when it comes to the company's assets. Thursday's interview from Sun Valley shed light on the timing and scope of such a move.

The big picture: Linear TV has been a media company cash cow for decades, but is circling the drain as cord-cutting continues to erode it.

The percentage of people in the U.S. who subscribe to cable TV is the lowest it's been since 1992. "We're going to look expansively about opportunities," Iger told CNBC's David Faber during an interview on the sidelines of the Allen & Co conference in Idaho. When Faber pressed if this means a sale, Iger demurred but added that linear TV "may not be core" to Disney anymore. "The distribution model, the business model that forms the underpinning of that business ó and that has delivered great profits over the years ó is definitely broken," he added. Yes, but: One linear TV asset that doesn't appear to be on the sale block is ESPN, which Iger said "we're looking at very differently."

Part of that is because live sports can still draw big audiences on TV, even as ESPN's TV business remains just as challenged as other linear TV assets.
Disney plans to roll out a full-fledged streaming version of ESPN, Iger confirmed, though he wouldn't say when.

Of note: Iger's tenure as Disney CEO was extended through 2026 on Wednesday.

"When I came back, one of the things I discovered was that the disruptive forces that have been preying on that business for awhile are greater than I thought," he said.


Cited and related links:

  1. axios.com
  2. msn.com

Comments Start Below


The views and claims expressed by contributors are their own and do not necessarily reflect the views and beliefs of SelectSmart.com. Not every statement made here can be assumed to be a fact.
Comments on "Disney's mice are starting to jump ships as Iger starts to unload assets":

  1. by Indy! on July 14, 2023 3:09 pm

    Well as usual, I was obviously talking over your head again, OD. Because what I said - when you and peebs were swearing that Mickey DeSantis was the one cutting bigly into Disney's profits - was exactly what that article says... that profits are down from people cutting their cable. They even have it listed as the "big picture" and you even put it in italics...

    The big picture: Linear TV has been a media company cash cow for decades, but is circling the drain as cord-cutting continues to erode it.

    So next time you have trouble understanding something, OD - just ask questions. You know I'll be glad to help you with these grown-up issues anytime. I recognize you don't learn about things like the stock market or how large corporations make their coin in the military and besides... we're buds. 😘


  2. by oldedude on July 14, 2023 4:40 pm
    You're kissing my ass? Good job but it won't work like it does on the street.


  3. by Indy! on July 14, 2023 8:08 pm

    I can help you work on your comebacks too, OD - definitely a weak point in your... ahem... "arsenal".


  4. by oldedude on July 14, 2023 9:50 pm
    I didn't even start yet. Next is your dad. and your mom's life. before her "manager" kicked her out, and kept you because you'd bend over (but not backwards) for anyone.


  5. by oldedude on July 14, 2023 10:45 pm
    So. First, I have zero respect for you, and don't particularly care for you as a person. If you want to play the dozens, I will go much nastier and much worse faster. I don't want to. And you've insisted on me doing it. Maybe it's so you think I'm paying "attention" to you, or maybe it's your five year old way of getting attention just so you feel like you're part of a group. I don't really know, and I really don't care. But you're going to be treated like you treat me. That's as simple as it is. Everyone else has figured this out already. It's time you did.


  6. by Indy! on July 15, 2023 1:19 am

    Okay, Iíll help - but first you have to say please. 😌


  7. by Donna on July 15, 2023 7:58 am

    I agree that the info in od's opening post actually supports what Indy has been saying.



  8. by Indy! on July 15, 2023 8:05 am

    Thanks, Donna. 🙂


Go To Top

Comment on: "Disney's mice are starting to jump ships as Iger starts to unload assets"

* Anonymous comments are subject to approval before they appear. Cookies Consent Policy & Privacy Statement. All Rights Reserved. SelectSmart® is a registered trademark. | Contact SelectSmart.com | Advertise on SelectSmart.com | This site is for sale!

Find old posts & articles

Articles by category:

SelectSmart.com
Report spam & abuse
SelectSmart.com home page