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Broadcasting & Cable
Broadcasting & Cable
Business
Jon Lafayette

Disney’s Bob Iger Minimizes Impact Sports Venture Will Have on Cord-Cutting

Bob Iger ESPN Disney Disney Plus Hulu
Bob Iger at Cannes Film Festival 2023.

The Walt Disney Co. CEO Bob Iger told analysts he wasn’t overly concerned that the company’s new streaming sports venture would accelerate cord-cutting.

Wall Street has been concerned the sports venture, announced Tuesday, would further damage linear TV, and most media stocks were down on Wednesday.

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