Disney C.E.O. Denies Plan to Sell TV Business
Disney’s chief executive officer Bob Iger has denied the rumors that the company is planning to sell its TV business, including the ABC network and other cable channels. Iger said that the company is open to considering various strategic options for its linear TV assets, but has not made any decision to divest them. Rumors of TV Sale Sparked Stock Rally The rumors of Disney’s potential TV sale were first…