Disney COO Says Networks Won’t Become Streaming Services

Tom Staggs also touts “Star Wars” as a “long pipeline,” teases Chinese theme park expansion beyond Shanghai

Tom Thomas Staggs

Disney COO Tom Staggs took to the 2015 Media, Communications & Entertainment Conference stage on Thursday in Beverly Hills, to gush about his company’s upcoming Shanghai Disney theme park. He also talked “Star Wars,” and shot down the thought of Disney’s TV offerings going over-the-top anytime soon.

“We continue to believe in the bundle and we will continue to look at ways to enhance the value of that,” The Disney chief operating officer said of his media giant’s small-screen lineup. “So in the foreseeable future I don’t see over-the-top… as being an outcome that’s gonna to happen.”

Staggs did assure shareholders that they’ll be ready to pivot on the TV side if a big change is deemed necessary, but he doesn’t believe that will occur any time soon.

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