Disney doesn't plan to change its TV networks portfolio anytime soon
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Disney's CFO Hugh Johnston stated that the company does not plan to alter its TV network portfolio in the near future, despite previous comments from CEO Bob Iger about potentially selling linear TV assets.
November 14, 2024 | 4:15 pm
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Disney's CFO confirmed that the company will not be changing its TV network portfolio soon, maintaining the current strategy despite previous discussions about selling linear TV assets.
The statement from Disney's CFO suggests stability in the company's TV network strategy, which may reassure investors concerned about potential asset sales. However, since there is no immediate change, the short-term impact on Disney's stock price is likely neutral.
CONFIDENCE 95
IMPORTANCE 70
RELEVANCE 90