Uploaded July 2023 | Updated September 2026, 4 hours ago

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Disney CEO Bob Iger is cutting costs across the board, even going so far as to sell off the company's TV channels such as ABC and FX. All of this is to try and pay off the massive pile of debt the company is mired in, a pile of debt which could collapse the whole company if they can't figure out how to make big profits again.

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