Disney targets $5.5bn in cost savings, Iger ‘not considering’ ESPN spin-off

Walt Disney Co. chief executive Bob Iger in 2022 (Getty Images)
Walt Disney Co. chief executive Bob Iger in 2022 (Getty Images)

Walt Disney Company chief executive Bob Iger has said that the company is "not considering a spin-off" of its flagship sports broadcaster ESPN during the question and answer portion of Disney's first-quarter 2023 financial results.

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