Bob Iger: Disney Unlikely to Follow Comcast and Warner Bros. Discovery in Exiting Industry

Bob Iger, CEO of Disney, recently appeared on CNBC to discuss the acquisition of Comcast’s share in Hulu. During the interview, David Faber asked Iger about the possibility of Disney splitting off its TV assets from its streaming business, following the recent moves by Warner Bros. Discovery and Comcast.

Two years ago, Iger had suggested the idea of separating linear TV from streaming, but he indicated that Disney is unlikely to follow suit at this time. He mentioned that when he returned to Disney, he had the team evaluate various options, including selling Hulu or the linear television networks. After a thorough internal process, the decision was made to hold onto these assets.

While Warner Bros. Discovery and Comcast are pursuing different strategies by splitting off their TV businesses, Disney seems committed to keeping its company together for now. Iger also mentioned that Disney+ would likely follow Netflix’s lead and stop reporting subscriber numbers at some point in the future.

Overall, it seems that Disney has a clear vision for its content and streaming strategy, and for now, there are no plans to follow in the footsteps of other media companies in separating TV from streaming.