Disney Plans to Stick With its Linear TV Channels, Operating Them as ‘Brands With Studios’

Disney CFO Answers A Wall Street Question “We Get A Lot”: Why Is The Company Sticking With Linear TV?

Reaffirming the company’s long-established strategy, Disney CFO Hugh Johnston told Wall Street analysts Wednesday on an earnings call there are no plans to spin off or sell linear TV networks. The question has surfaced anew given the changing of the executive guard, with Josh D’Amaro succeeding Bob Iger as CEO earlier this year. Iger in 2023 made waves when he said linear networks “may not be core” assets, though he later walked back the comme…

Disney Plans to Stick With its Linear TV Channels, Operating Them as ‘Brands With Studios’

Comcast sold off its linear cable channels. Warner Bros. Discovery was about to do the same with its cable TV portfolio until David Ellison came into the picture. But Disney has so far bucked the trend of divesting the legacy assets that have become a burden to most media giants in the eyes of Wall […]