Disney CEO Josh D’Amaro Says ABC Is ‘Not Going to Be Told How to Run’ Its Business Amid FCC Fight
"We're going to stand up to what we believe is journalistic integrity," the executive tells CNBC The post Disney CEO Josh D’Amaro Says ABC Is ‘Not Going to Be Told How to Run’ Its Business Amid FCC Fight appeared first on TheWrap .
Disney CEO Josh D'Amaro defended the company's stance against the FCC's investigations into ABC's broadcast licenses and "The View" during an interview on Friday. D'Amaro emphasized the network's commitment to journalistic integrity and the company's dedication to telling compelling stories worldwide. The network has accused the regulator of attempting to censor the network's journalism, violating the First Amendment, and has called for the dismissal of the FCC's license renewal review.
Disney and ABC received thousands of public comments in support of their position. D'Amaro also addressed Disney's M&A strategy, stating that he is not considering a spinoff of ABC or its other entertainment linear networks, as they continue to generate cash and have been successfully integrated into the company's streaming capabilities.
He also revealed that Disney is exploring the possibility of launching a free tier for Disney+, which would serve as a "front porch to Disney" and a "really smart thing to do," attracting casual sports fans to engage with Disney+ and create more stickiness on the platform.
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