With Comcast planning to spin out NBCUniversal cable networks and Warner Bros. Discovery positioning itself to do the same, Bob Iger said Disney has no need to join in linear consolidation.

"I won't rule out the possibility some of the smaller networks in some form or another being configured differently," he told analysts on Wednesday The post Bob Iger Says Disney’s Linear Networks Are ‘Not a Burden at All’ appeared first on TheWrap.

Walt Disney Co. Chief Executive Bob Iger was paid $41 million last year, up from the $31 million he made in 2023. Iger has long ranked among the highest paid media CEOs.

The studio's broadcast and cable assets look to be off the auction block as they are managed alongside evolving streaming platforms.

The CEO tells analysts “We are programming [the linear networks], and we are funding them at levels that actually give us the ability to enhance our overall television business that obviously includes and leans into streaming,