“Technology is the most disruptive force that so-called traditional media is facing,” Disney CEO Bob Iger told CNBC’ Squawk Box today. That technology – and the consumer’s appetite for a la carte programming – “inevitably” will lead Disney to offer ESPN direct to consumer… but not immediately.
"If we end up seeing more erosion in the so-called multichannel [cable and satellite TV] bundle, quality will win out," he said.
Growing over-the-top premium options for consumers is a “favorable” development for the cable industry, Charter CEO Tom Rutledge said, that may give operators the flexibility to create better bundles.
Rutledge made the remarks during the company’s Q3 earnings call with analysts today.