Disney CEO Bob Iger to Step Down in 2026, Admits Mistakes with Disney+

Iger confirms Disney's linear TV networks are not for sale and addresses ongoing activist investor battle.

Disney CEO Bob Iger has confirmed he will step down after his contract ends in 2026, with a robust succession process currently underway.
Iger admitted that the increasing output for the Disney+ streaming platform was a mistake, leading to diluted quality for several franchises.
Disney has pulled advertising from social media platform X, now owned by Elon Musk, due to Musk's public stance on certain issues.
Iger has walked back previous comments about selling off assets, insisting that Disney’s linear TV networks are not for sale.
Disney is facing an ongoing activist investor battle with Nelson Peltz, who is seeking seats on the company's board of directors.