Why Disney Wants to Sell ABC – and Who Would Buy It | Analysis

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CEO Bob Iger’s comments have not only defined the fate of its linear TV assets, but set expectations for the company under his extended reign

Why Disney would want to unload ABC, and who could buy it. (Christopher Smith/TheWrap)

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With his public comments that Disney’s linear television business is no longer at the company’s core, CEO Bob Iger signaled that the media conglomerate is ready to let go of distribution assets previously at the center of its mission. As streaming redefines the future of entertainment, Iger’s decision previews how the industry overall might have to shrink their television assets to make room for future growth.

It’s been a long time coming. The decline of the linear TV business model has been apparent for years.