News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026

[TsWade2]

This may not be a guaranteed, but I would love to see Reggie Fils-Aimé as the new CEO of Disney. He’s the former CEO of Nintendo.







7

 

[Trauma]

This may not be a guaranteed, but I would love to see Reggie Fils-Aimé as the new CEO of Disney. He’s the former CEO of Nintendo.






7

I’m sure there is a 1/10000000000 chance of this happening.

 

[TsWade2]

I’m sure there is a 1/10000000000 chance of this happening.

I'm not guaranteed it'll happen. It's just a suggestion.

 

[GimpYancIent]

Hmmmm Looks like B.I. might be in the market to sell Disney assets. 10 billion offer on the table for ABC. How hungry is Disney for some money and shedding assets?

 

[Lilofan]

Hmmmm Looks like B.I. might be in the market to sell Disney assets. 10 billion offer on the table for ABC. How hungry is Disney for some money and shedding assets?

That’s old news. Media mogul Bryon Allen talked about buying ABC for $10 billion in 2023.

 

[monothingie]

Does that sound like a lot?

Thanks Hulu!

 

[MisterPenguin]

That’s old news. Media mogul Bryon Allen talked about buying ABC for $10 billion in 2023.

Indeed. Iger musing about selling off ABC is just as old. And he was musing about the linear network assets, not the content that the studios produce that feed ABC.

Comcast is also starting to muse about selling off its networks assets, too.

Streaming is already beating linear in eyeballs. Linear is dying and will wind up a niche product, like vinyl records.

Streamers are figuring out advertising on streaming, and once that is locked down, they'll be pushing linear off the train.

 

[GimpYancIent]

Indeed. Iger musing about selling off ABC is just as old. And he was musing about the linear network assets, not the content that the studios produce that feed ABC.

Comcast is also starting to muse about selling off its networks assets, too.

Streaming is already beating linear in eyeballs. Linear is dying and will wind up a niche product, like vinyl records.

Streamers are figuring out advertising on streaming, and once that is locked down, they'll be pushing linear off the train.

Point is B.I. continues to entertain the thought, muss and fuss plus grumble. Never say never.

 

[Comped]

That’s old news. Media mogul Bryon Allen talked about buying ABC for $10 billion in 2023.

And it was soundly rejected back then, when D+ wasn't making as much as it is now. No chance they do it.

 

[Nevermore525]

Comcast spinning off linear assets seems to be the plan in lieu of selling them off

 

[BrianLo]

Of note Comcast would retain NBC and Bravo. There's not really much in the way for Disney to spin off as most of their linear networks are still streaming content suppliers. Maybe A&E Networks.

 

[JoeCamel]

Comcast spinning off linear assets seems to be the plan in lieu of selling them off

A couple of sacrificial lambs named to head the "new" divisions that "may" have new opportunities to explore content......
Yeah it's a write off

 

[MisterPenguin]

It's like that episode of the Simpsons in which they lured Bart and all the underachieving students away from the school on a fake school trip because it was state-wide testing day, and they didn't want those kids to drag the schools scores down.

 

[coffeefan]

Moana 2 becoming a hit is a big win for Iger. Can't deny he's turning things around.

 

[Lilofan]

Moana 2 becoming a hit is a big win for Iger. Can't deny he's turning things around.

And Disney paid the Rock $21M for him to do voice for Moana 2. Life is good for him !

 

[Nubs70]

Comcast spinning off linear assets seems to be the plan in lieu of selling them off

Yup, gather up all the turds and pile them into the linear asset bucket, spin off and sell to private equity.

 

[Tha Realest]

Yup, gather up all the turds and pile them into the linear asset bucket, spin off and sell to private equity.

It looks like it’s only the cable channels (from what I quickly saw on The Today Show graphic)? So, like CNBC and MSNBC and USA are gone, but NBC stays in the fold?

 

[MisterPenguin]

It looks like it’s only the cable channels (from what I quickly saw on The Today Show graphic)? So, like CNBC and MSNBC and USA are gone, but NBC stays in the fold?

Yeah, anything that's only going to have decreasing profit.

They're keep NBC and Bravo. Those are still generating bigger profit and are on-brand.

They're also keeping Peacock, which is hemorrhaging money. So, I assume they still think they can make it profitable.

But is bizarre in this world of demand for ever-increasing profit that they unload profitable ventures only because they're generating less profit. They're still profitable. But it hurts their financials and when Wall Street sees declining profits they bail on them.


Anyone who isn't a long term investor is an enemy of the state because they're ruining our economy.

 

[monothingie]

Let the fire sales begin.

 

[MisterPenguin]

Let the fire sales begin.

It began with the Fox acquisition. Big chunks of cable infrastructure were sold off or decommissioned for Disney and Comcast and Sky (mostly in Europe). If the new shiny things weren't applicable to streaming, it was trashed.