Iger on ABC News

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. 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. 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."
http://www.huffingtonpost.com/2008/04/08/disneys-bob-iger-explains_n_956...

* Iger: ABC News Must Adapt to Digital World
http://www.broadcastingcable.com/article/CA6548957.html?rssid=193