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Disney C.E.O. Denies Plan to Sell TV Business

Bob Iger, the chief executive of Disney, said the company is constantly evaluating its assets and their value.

“There was a morning outside of Disney World where there were folks literally with flags, swastika flags and DeSantis flags —” “Anti-gay.” “Anti-gay flags and guns.” “Yes.” “As families are trying to walk into the park. I’m so curious what you think has happened, and how you as a company are supposed to deal with that and what you feel like you can say and can’t say, given this remarkably polarized climate we’re in right now?” “Our primary objective in creating content as a company, say, for ABC News, which is obviously to inform, but is to entertain, whether it’s sports, whether it’s Disney, whether it’s Marvel, make things that entertain people. And if you can infuse it with positive messages, have a good impact on the world, fantastic. But that should not be the objective. When it comes time to taking positions, I have tried really hard to apply a standard that is relevant to — that asks is this relevant to the company, to our people, to our company, to our shareholders? That’s a very important test. So if we take a position on the environment — we care about the health of our planet — it’s because we believe that if the planet is not healthy, it will be bad for our business. People are not going to go to theme parks if they can’t breathe the air as a for instance. That’s not politics, that’s business. So if anyone has accused us of being political when it comes to that, they’re just dead wrong.”

Disney C.E.O. Denies Plan to Sell TV Business

By The New York TimesNovember 29, 2023

Bob Iger, the chief executive of Disney, said the company is constantly evaluating its assets and their value.

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