Iger emphasized the continued value of the broadcast and cable channels, citing revenue from advertising and subscriber fees. He highlighted that combining linear and streaming assets allows Disney to aggregate audiences and manage programming under a single structure, supporting margin growth and cost efficiency.

Disney CEO Bob Iger joins CNBC’s ‘Squawk on the Street’ to discuss his company agreeing to pay Comcast $438.7 million to take full control of Hulu, the company’s streaming strategy, and more.