Disney's Bob Iger reportedly 'anxious' to reduce linear TV exposures: Reporter

On Disney's (DIS) third-quarter earnings call, CEO Bob Iger commented that he is "not going to speculate" on supposed acquisition talks.Disney's earnings was a mixed bag of sorts, reporting a revenue miss and streaming subscriber growth. Wall Street Journal Reporter Robbie Whelan describes Disney's revenue stream as suffering from “a quick, painful death” of the linear TV business. Whelan notes that Iger “clearly wants to sell” whatever is left in Disney’s linear TV exposure, as the veteran executive pivots to cost-cutting strategies and price hikes in the streaming segment.