After telling CNBC in July that Disney’s linear networks “may not be core” to the company, CEO Bob Iger downplayed potential sales of the assets in a town hall with employees on Tuesday.
“I did not think everyone would run with a story that everything is being sold, which is not the case,” Iger said, emphasizing that no decisions have been made.
He noted that Disney Entertainment co-chair Dana Walden and ESPN chairman Jimmy Pitaro have been looking “really hard at their businesses to make them more efficient.”
“As is the case with all of our businesses, which we must do in order to basically serve shareholders, is we look at the future of all of our business with an eye towards are these businesses going to grow?” Iger added.