Disney's Bob Iger Explains Why ABC Passed On CNN Outsourcing, Why Media Concentration Is "A Joke"

Huffington Post   |  Danny Shea   |   April 8, 2008 10:40 AM


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Disney President and CEO Bob Iger said this morning that ABC News decided against partnering with CNN years ago because they were interested in a "true joint venture," and not "outsourcing" their newsgathering, as CBS may do.

"We were not interested in anything like [the CBS arrangement]," Iger told The New Yorker's Ken Auletta at a breakfast talk at the Plaza Hotel.

Iger also confirmed that, although Disney/ABC is at a disadvantage without a cable news partner, they are not interested in acquiring one. Instead, Iger said, the lack of a cable partner only puts more pressure on ABCNews.com to be a great digital news destination.

"People at ABC News control their own destiny," Iger said, referencing the company's ability to contend with the shift to digital media.

Iger also dismissed the notion that the FCC should encourage more media ownership diversity, a position espoused by presidential candidate Barack Obama. "There's never been greater diversity in media," Iger said, arguing that the internet and the proliferation of media has made it more difficult for any single media owner to have a monopoly on a local market. "I laugh at [the notion]. It's a joke."

Iger would not comment on whether ABC would be interested in pursuing "Tonight Show" host Jay Leno when his NBC contract expires next year. Iger instead deferred to ABC Television President Anne Sweeney, who did not speak on the matter.

Sweeney was seated at the head table along with ESPN President George Bodenheimer and ABC News President David Westin, prompting host Auletta to remark, "I haven't seen this many smiling ABC faces since Michael Ovitz left."

Iger also addressed the Wall Street community in attendance — which included Merrill Lynch's Jessica Reif Cohen and Pali Capital Research's Richard Greenfield — but cautioned that he would not give any indication as to Disney's first quarter earnings report or Walt Disney World advanced booking data prior to next month's announcement.

Other power-players in attendance included Sony's Howard Stringer, the Carlyle Group's Norm Pearlstine, The New Yorker's David Remnick, Fortune's Patti Sellers, and MTV's John Sykes.

The breakfast was hosted by Syracuse's Newhouse School of Communications, in conjunction with The New Yorker and Condé Nast, as part of the Newhouse School in New York series.

Previously: New Yorker And The Newhouse School Host Panel On The Internet And Presidential Politics


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1.) I actually enjoy watching ABC news once in awhile. Compared to CNN and Faux News, they are a breath of fresh air, although not as comprehensive as PBS.

2.) His comments on what he claims is a period of great diversity, are wrong. There are many voices speaking out against the insanity and injustice, but they are like fog horns in a hurricane. The storm of Republican incompetence is upon us, and the lack of media diversity is one of the reasons that the storm came into being.

favoriteFavorite Flag as abusive Posted 06:31 PM on 04/08/2008

Tell the truth Bob. Quit mixing apples and oranges. The monoploly on the press has to do with information. What information is given. The fact is, is that you are all CFR members and dictate what information is given. Could be 10 media companies or 100. What is important is that they are not all dictated to by a non-elected entity such as the Council on Foreign Relations. Here's an example. We hear nothing, NOTHING, about the North American Union from the media. Why? Because the powers that be want to do it by stealth. So you and all the other media outlets do what you are told by the CFR. No free press here. Sorry for you and the rest of the criminal elite because people are waking up and realizing the brainwashing, programming, and the sin of omission going on in the press.

favoriteFavorite Flag as abusive Posted 05:16 PM on 04/08/2008

I like Ovation TV it's all about the arts. But they only have like a dozen different shows to air because of putz's like Iger. They have absolutely no respect for anyone with an IQ over 100. TV today is just plain disgusting and sick. That show about the lie detector has to be the phoniest most debased piece of crap ever aired.

Q: Do you hate and cheat on your spouse?

A: Of course!

You win a million dollars! Congratulations!

They should have asked Iger why really rich idiots like himself always buy the cheapest toupee's. I'd tune in for the answer to that.

favoriteFavorite Flag as abusive Posted 04:04 PM on 04/08/2008

The "jokes" on us.

favoriteFavorite Flag as abusive Posted 02:45 PM on 04/08/2008

Iger, like Eisner, is full of sh!t.

The corporate media is responsible for lulling America into a brain dead stupor. Forcing reality shows down our throats, cr@p movies targeted at teenage boys, and sensationalist garbage that passes for news, designed to induce schadenfreude.

And we can thank Bill Clinton and his Telecommunications Act of 1996.

favoriteFavorite Flag as abusive Posted 02:03 PM on 04/08/2008

Disney's full of shit. I wish Walt would resurrect himself and clean house. Since he's not likely to do that, I wish Disney would disappear with all it's mindless programming.

favoriteFavorite Flag as abusive Posted 03:16 AM on 04/10/2008

I see your spending your time wisely here just post arguements.

favoriteFavorite Flag as abusive Posted 04:13 PM on 04/08/2008

Media deregulation is a poison which effects both parties.

Iger is a clown. The same media conglomerates who own everything everywhere are now slowly buying up popular internet sites. That's not to say more sites won't pop up but trying to suggest big media and the internet are enemies is laughable.

favoriteFavorite Flag as abusive Posted 03:36 PM on 04/08/2008
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