Disney CEO promises 2026 exit, says ABC not for sale


Disney’s board is undertaking a “robust” search for a successor, Iger said. — Reuters

LOS ANGELES: Walt Disney chief executive Bob Iger says he will “definitely” step down when his current contract ends in 2026 and that the ABC broadcast network is not for sale.

In a wide-ranging interview at the New York Times Dealbook Conference, Iger also said he was “bullish” on the prospects for Shanghai Disneyland and he expected the company would expand the theme park “relatively soon”.

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