With Comcast planning to spin out NBCUniversal cable networks and Warner Bros. Discovery positioning itself to do the same, Bob Iger said Disney has no need to join in linear consolidation.

"I won't rule out the possibility some of the smaller networks in some form or another being configured differently," he told analysts on Wednesday

The CEO tells analysts “We are programming [the linear networks], and we are funding them at levels that actually give us the ability to enhance our overall television business that obviously includes and leans into streaming,