With Comcast planning to spin out NBCUniversal cable networks and Warner Bros. Discovery positioning itself to do the same, Disney CEO Bob Iger said the company may or may not join an anticipated move towards consolidation since its linear business is doing just fine.

"I won't rule out the possibility some of the smaller networks in some form or another being configured differently," he told analysts on Wednesday

Disney has been making a whirlwind of sports streaming moves lately that some analysts worry could confuse consumers.

The CEO tells analysts “We are programming [the linear networks], and we are funding them at levels that actually give us the ability to enhance our overall television business that obviously includes and leans into streaming,