The Walt Disney Company’s CEO Bob Iger has said it may license Disney content to other streaming platforms.
In a wide-ranging interview with CNBC, he added that “it’s a possibility. I won’t rule it out”.
Iger went on to say that licensing had been part of a collection of models that formed the traditional TV business, and holding back content for their own platform in the early days of streaming was the right move.
Broadband TV News notes that Disney began to restructure earlier this year, shedding around 7,000 jobs and splitting the company into three core business segments.
Meanwhile, Disney+ continues to lose subs.
It had 157.8 million as of the beginning of April, which was 4 million fewer than a year earlier, with the greatest losses (-8%) being seen at Disney+ Hotstar, followed by the US and Canada (-1%).