That’s Entertainment.

By John Ellis
Published on Medium, July 25, 2023

This piece first appeared in News Items, a newsletter that covers four “subjects” — a world in disarray, the financialization of everything, advances in science and technology and politics, global and domestic. News Items is distributed 6x weekly (Monday through Friday and a weekend edition). It also features commentary by me or Mary Williams Walsh about one or the other of the four “subjects” listed above. That said, here’s the piece:

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Disney’s once and current CEO, Robert Iger, made news last week when, as CNBC reported, he “opened the door to selling the company’s linear TV assets as the business struggles during the media industry’s transition to streaming and digital offerings.” Disney’s “linear TV assets” include ABC and ESPN. Mr. Iger said both companies were not necessarily “core” to the parent company’s future.