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Is Bob Iger right? Is broadcast TV dead?

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The Walt Disney Company is one of the world’s largest media organisations. So when its CEO says that television might no longer be core to its business, writes Ticker’s Ahron Young.

Disney’s CEO, Bob Iger, shocked the industry when he said the company is contemplating the sale of ABC Television.

He says the TV assets may not be integral to Disney’s future.

That’s a shocking assessment of the industry and cannot be ignored.

“After coming back, I realized the company is facing a lot of challenges, some of them self-inflicted,” Iger told CNBC.

Disney is going to be ‘expansive’ in its thinking about the traditional TV business, leaving the door open to a possible ‘sale of the networks,’.

‘They may not be core to Disney,” Iger said.

‘There’s clearly creativity and content that they created at its core to Disney, but the distribution model, the business model that forms the underpinning of that business and that has delivered great profits over the years, is definitely broken,” Iger added.

What that means for the broader industry is uncertain. Television is still big business, albeit a slowly dying one. A slow death is better than a fast death.

Iger of course built his career at ABC in New York.

Cast on the set of one of ABC television’s most profitable shows, Good Morning America.

 

Disney’s TV assets

Disney’s extensive television portfolio, which encompasses properties such as broadcaster ABC and cable networks including National Geographic and FX, could potentially be up for sale.

While Iger did not explicitly confirm the sale, he acknowledged that these properties might not align with Disney’s core focus and emphasized the company’s objective evaluation of their future.

Having previously served as a senior executive at ABC, Iger expressed his belief that linear television is an industry in perpetual struggle.

He says they are plagued by a fundamentally flawed business model.

He stated that the transformational forces unleashed by new technologies have severely impacted traditional TV.

However, Iger made a notable exception for ESPN, the renowned sports media giant that Disney has owned since 1996, highlighting the company’s distinct approach to its evaluation.

In contrast to the broader television landscape, Iger pointed out that ESPN has navigated the industry’s evolution more successfully.

The impact of technology on ESPN has been different from that on traditional linear TV networks. Iger’s statement implies that Disney views ESPN as a valuable asset within their portfolio, distinct from the other TV properties they own.

With this perspective, Iger’s comments suggest that Disney is open to considering strategic decisions regarding their television properties.

While he acknowledged the challenges faced by the industry as a whole, he emphasized the need for Disney to critically assess the alignment of each property with the company’s core objectives.

 

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Trump urges Putin to halt Kyiv attacks after casualties

Trump urges Putin to cease attacks on Ukraine following deadly missile strike on Kyiv, killing 12 and injuring 90.

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Trump urges Putin to cease attacks on Ukraine following deadly missile strike on Kyiv, killing 12 and injuring 90.

In Short

A missile and drone attack on Kyiv killed 12 and injured 90, prompting Trump to urge Putin for a peace deal amid escalating tensions.

Ukraine seeks an unconditional cease-fire, but ongoing strikes and unacceptable Russian conditions raise concerns over future peace negotiations.

In a recent missile and drone attack on Kyiv, 12 individuals were killed and 90 injured, marking the most severe air assault this year.

U.S. President Trump responded by urging Russian President Putin to halt attacks and pursue a peace agreement. He expressed concern over the loss of life, highlighting that 5,000 soldiers perish weekly.

The attack involved over 200 missiles and drones and targeted critical Ukrainian industries. Trump’s frustration has increased as peace talks stagnate, with him also critiquing Ukrainian President Zelensky for dismissing a peace proposal that would legally recognise Russian control over Crimea.

Peace deadline

Despite Trump’s previous reluctance to criticise Putin, the attack shifted his stance. He has signaled a deadline for both Russia and Ukraine to reach a peace deal while the U.S. contemplates the extent of its involvement in negotiations.

Ukraine seeks an unconditional cease-fire, but Russia’s conditions remain unacceptable to Kyiv. A recent U.S. proposal would allow Russia to retain substantial territory and would limit Ukraine’s NATO aspirations.

Zelensky accused Russian forces of terrorism, attacking civilian areas and inciting widespread destruction, while Trump acknowledged the challenges of restoring Crimea to Ukraine.

The situation continues to escalate, with ongoing strikes on civilian infrastructure, drawing international attention and condemnation. As rescue workers clear debris from the latest attack, uncertainties remain about the future of peace talks and the safety of Ukrainian citizens.

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Trump targets migrant gangs with deportation crackdown

Trump advocates for strong immigration enforcement to restore law and order, warns against court-blocked deportations, and labels gangs as terrorist organizations.

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Trump advocates for strong immigration enforcement to restore law and order, warns against court-blocked deportations, and labels gangs as terrorist organizations.


Former President Donald Trump says his administration is committed to restoring law and order through aggressive immigration enforcement.

He warns that dangerous consequences could unfold if courts block mass deportations.

Trump has labelled several gangs, including Tren de Aragua, as foreign terrorist organisations, and is pushing for faster judicial cooperation.

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Trump considers slashing China tariffs by over 50%.

Trump considers significant tariff cuts on Chinese imports to ease tensions; negotiations continue as China remains firm.

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Trump considers significant tariff cuts on Chinese imports to ease tensions; negotiations continue as China remains firm.


In a major policy shift, President Trump is exploring a significant cut to tariffs on Chinese imports — a move that could ease tensions between the two superpowers.
Talks are ongoing, and the White House suggests a new tiered approach. China, while open to negotiations, remains firm that it won’t engage under threats.

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#ChinaTariffs #TrumpTariffs #TradeWar #USChina #GlobalMarkets #EconomicPolicy #TickerNews #Geopolitics

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