Disney CEO Eyes Diversification Amid Tech Disruption

Financial Times: In a wide-ranging interview, Disney CEO Bob Iger said the company has diversified revenues thanks to its investments in content and brands in anticipation of the day when ESPN’s growth rates slowed. “We concluded that the old ‘content is king’ adage was absolutely true,” he said, adding that the shift has strengthened Disney’s hand in an era of technological disruption. “We’re not a media company. We’re in the technology business, the consumer products business, movies, TV, books, games.”