Sign up for our “Reliable Sources” newsletter for our daily digest of the evolving media landscape that first appeared in it. CNN’s Bob Iger walked onstage at the New Amsterdam Theatre in New York City, welcomed by an eager crowd of Disney employees at the annual company town hall. David Muir, from “World News,” cracked a joke and laughter followed as he moderated the event. There’s been a lot of uncertainty lately, especially with Iger considering selling off some of Disney’s linear assets, causing some discomfort among staff. He’s dealing with tough challenges since his return, dealing with everything from revamping ESPN to cost-cutting and navigating work stoppages. However, Iger remains optimistic and looks forward to building a modern version of Disney, saying, “Building is a lot more fun than fixing.” He addressed concerns about the declining television assets, including ABC, but stressed the importance of the company’s legacy and future growth potential. Despite the challenges, Iger praised ABC News and Disney’s linear channels, emphasizing that he’s a firm believer in the future of news and live events. ESPN also discussed its planned transition to streaming services, signaling a potential shift away from traditional cable and satellite packages. Overall, Iger sought to infuse optimism and hope into his workforce. He assured them that every difficult time and adversity will be overcome.
Disney CEO Bob Iger Reveals Plans to Reshape Company’s Future After Year of Addressing Issues
