Disney CEO Sees a Future Without Netflix, Comcast or DirecTV
- Iger moves to offer films, TV shows directly to viewers online
- Disney declines most since Feb. 2016; Netflix also drops
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Walt Disney Co.’s Bob Iger is ready to embrace the cord cutter.
Disney, the world’s largest entertainment company, outlined plans Tuesday to sell some of its premiere content directly to consumers online starting next year. It will offer live sports and animated films including “Toy Story 4,” sidestepping partners from Netflix Inc. to pay-TV providers like Comcast Corp. and DirecTV.