Disney CEO Bob Iger said the linear TV business “may not be core” to the company, and efforts are under way to explore a number of strategic options for them.
He also criticized SAG-AFTRA and the WGA for their “unrealistic” demands in their labor fights with the AMPTP, with the resulting strikes doing damage to the economy.
Speaking to CNBC’s David Faber in a wide-ranging conversation in Sun Valley, ID, where Iger is attending Allen & Co.’s annual conference, Iger conceded his second stint as CEO has been more challenging than he expected.
The interview came a day after the news that Disney’s board unanimously voted to extend Iger’s contract to serve as CEO for another two years, through the end of 2026.
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