Reported about 6 hours ago
Disney's CFO Hugh Johnston stated that the company is not abandoning linear networks despite the growing emphasis on streaming. In a discussion following the release of better-than-expected first-quarter earnings, Johnston emphasized the effective integration of content across both linear and streaming platforms, which has contributed to the success of their nearly 180 million subscribers. He believes that Disney's combined approach allows for a more competitive edge in content production compared to other streaming services like Netflix.
Source: YAHOO