Disney Chief Executive Officer Bob Iger told employees Tuesday during an internal town hall that he is looking forward to "building again" after spending 2023 mending parts of the business that "needed attention." After speaking alone for about 15 minutes, Iger was joined by Disney head of parks and resorts Josh D'Amaro, ESPN chief Jimmy Pitaro, and Disney Entertainment co-chairs Dana Walden and Alan Bergman. Disney said this month it projects to save $7.5 billion this year, largely through job elimination and content spending rollbacks. "What Bob and I have talked about is we don't just want to flip the switch," Pitaro said. "We don't want to just move our networks over and make them available over the top without significant product enhancements."

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Persons: Bob Iger, Iger, David Muir, Josh D'Amaro, Jimmy Pitaro, Dana Walden, Alan Bergman, Disney's, Disney, Pitaro, Bob Organizations: Disney, ABC News, New York's, ESPN, Disney Entertainment, Pixar, Marvel Locations: New, New York's Amsterdam