Disney CEO Bob Iger has opened the door to selling off some of the entertainment

as the company struggles to transition from the traditional television model to streaming.

In an interview with CNBC on Thursday, Iger said that Disney would take an "expansive" look at its TV portfolio, including broadcast network ABC and cable channels FX, Freeform, and National Geographic. He said that the company is "objective" about the future of its asset base and would consider all options, including a sale.

Iger's comments come as the traditional TV business faces increasing challenges. Cord-cutting is on the rise, as more and more consumers are dropping their cable packages in favor of streaming services like Disney+, HBO Max, and Netflix. This has led to declining viewership and advertising revenue for traditional TV networks.

Disney has been one of the most aggressive companies in the streaming space. The company launched Disney+ in 2019 and has since added a number of other streaming services, including Hulu, ESPN+, and Star+. Disney+ has been a major success, with over 130 million subscribers worldwide.

However, Disney's linear TV assets are still a major part of the company's business. In 2022, the company's linear TV networks generated $12.6 billion in revenue. While this is a significant amount of money, it is dwarfed by the $29.2 billion that Disney generated from its streaming services.

It is unclear what Iger will ultimately decide to do with Disney's linear TV assets. However, his comments suggest that the company is open to selling them off if it makes sense for the business.

Here are some of the potential implications of Disney selling off its linear TV assets:

• It would allow Disney to focus on its streaming businesses, which are growing rapidly.
• It would generate a significant amount of cash for Disney, which could be used to invest in other areas of the business, such as content creation or acquisitions.
• It would reduce Disney's exposure to the traditional TV business, which is facing increasing challenges.

It remains to be seen whether Disney will actually sell off its linear TV assets. However, Iger's comments suggest that it is a possibility that the company is considering.

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