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Disney doesn't plan to change its TV networks portfolio anytime soon
DISDisney(DIS) CNBC·2024-11-14 16:02

Disney has done the math on separating its TV networks business, and it appears too messy to be done — at least for now.The company's Chief Financial Officer, Hugh Johnston, said Thursday on CNBC's "Squawk Box" that the "cost is probably more than the benefit" when it comes to separating its TV networks business, given the "operational complexity."The future of the traditional TV network business has been top of mind in the media industry. In late October, Comcast executives said they were exploring a separ ...