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Bob Iger says Disney doesn’t ‘need more assets right now’ to thrive in 'disrupted media world’ https://t.co/ComP9kR9BN by @allie_canal
Bob Iger on Disney M&A Under Trump: "We Don't Really Need More Assets Right Now" https://t.co/wc8llU9CZL
Disney CEO Bob Iger, responding to earnings q about M&A in Trump 2.0: "we've already consolidated... we don't really need more assets right now."
Disney CFO has stated that the company is satisfied with its current portfolio and does not see value in divestitures or spin-offs at this time. This sentiment is echoed by Disney CEO Bob Iger, who emphasized that the company does not need more assets to navigate the disrupted media landscape, even in the context of potential M&A activities under a second Trump administration. Both executives highlighted that the size of Disney's linear business and the multiple required for any deal make such transactions unappealing. This perspective contrasts with Comcast's consideration of spinning off its cable networks.
