Walt Disney Co.'s returning Chief Executive Bob Iger threw cold water on the idea of selling the company to Apple — or acquiring other major companies — during his highly anticipated Monday town hall for employees, according to attendees who were not authorized to comment.
During a Q&A session with "ABC7 Eyewitness News" co-anchor Leslie Sykes, Iger also stressed the need to make Disney+ profitable and signaled that cost-management measures, including a hiring freeze and travel restrictions, would remain in place — even though they were started by his ousted predecessor, Bob Chapek.
He also addressed the controversy over Florida's so-called "Don't Say Gay" law and the planned relocation of 2,000 employees to the Sunshine State.