Disney CEO Bob Iger Reaffirms Value of Linear TV Amid Streaming Expansion

Iger emphasizes the continued profitability of Disney’s linear networks while outlining plans for streaming growth and new ESPN offerings.

Bob Iger stated that Disney’s linear TV networks are not a financial burden and remain assets to the company, despite industry trends shifting toward streaming.
Disney reported flat domestic linear TV revenue and operating income in its fiscal first quarter, while streaming profits improved significantly year-over-year.
Iger hinted at potential reconfigurations or sales of smaller networks but confirmed no immediate plans to divest major linear TV assets like ABC or FX.
Disney plans to launch a direct-to-consumer version of ESPN, codenamed Flagship, in fall 2025, featuring advanced features like fantasy sports integration, betting tools, and e-commerce options.
Disney’s acquisition of a controlling stake in Fubo will merge it with Hulu + Live TV, creating the second-largest virtual multichannel video provider in North America.