2010 Shareholder Meeting Update #12 – Q&A, ABC News

Question: Shareholder from Texas: Will ABC and/or their news be split off from Disney as has happened at other media companies. The news division didn’t do very well.

Iger: To the larger question, very comfortable and proud of the current mix of assets. However, always look at the long term prospects of each of our businesses. So no guarantees in terms of what will remain and what will not. Specifically ABC News – proud of efforts and products. The business is undergoing significant changes. They address them well. Continue to invest significantly in ABC News because it’s very important to us and our stations.