Breitbart Reports: "Bank analysts are predicting that some of the “big changes” Iger promised to initiate will include shedding the TV network and the cable sports network, both of which have been losing viewers, Fox Business Network reported."

“Spinning off the two networks is the best path forward and a probable late 2023 event, leaving the Walt Disney Company an attractive pure play intellectual property company,” FBN wrote."

"If Iger makes the move, it will not be a big surprise to the industry, because Disney has been contemplating the idea for a while already."

"ESPN, in particular, is in a tough spot in planning for the future. As Axios recently noted, ESPN ended 2021 with 76 million cable subscribers, which was down another ten percent from the 84 million it had in 2020. And each year previous to that, the network has lost a similar number of viewers."