Disney’s Iger plays down previous asset sale comments, WSJ reports

Disney Chief Executive Bob Iger told employees Tuesday that the task he faced after returning to the company a year ago was harder than expected, and he played down his previous comments suggesting major asset sales were on the table, The Wall Street Journal’s Joe Flint reports. Iger said he plans to spend the next year building the “modern version of the Walt Disney Company,” but offered few new details of what that would entail. Asked about his comments regarding potential asset sales, the Disney CEO said a fault of his may be that he likes to “run things up flagpoles to see how they will fly” and “think out loud” to signal to the investment community that the company is open-minded about its future.