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Disney CEO Admits the Truth About His Return to the Company

via CNBC
This article was originally published at StateOfUnion.org. Publications approved for syndication have permission to republish this article, such as Microsoft News, Yahoo News, Newsbreak, UltimateNewswire and others. To learn more about syndication opportunities, visit About Us.

Bob Iger, the CEO of The Walt Disney Company, expressed his surprise at the multitude of challenges he faced upon his return to the company.

He discussed uncertainties in the media industry, downplayed rumors of potential asset sales, and emphasized the importance of theatrical releases and theme park investments.

Additionally, he mentioned plans for a streaming service from ESPN and acknowledged the potential challenges ahead. (Trending: Disgraced Democrat Sued For Sexual Assault)

“I knew that there were a myriad of challenges … I must say there were many more of them than I expected,” said Iger.

“I did not think everyone would run with a story that everything is being sold, which is not the case,” admitted the Disney CEO.

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