David Rosenthal: belief

Transcript context

…Bringing it full circle. And all that did become important. It was kind of amazing to have ABC and these cable stations as an outlet to promote Disney stuff, you know, in this kind of flywheel, synergistic, aligned way that we've been talking about. But to your point, David, what it ended up actually being was just an amazing source of continuous free cash flow that they could do other stuff with. Yeah, it's great that we can promote the Disney brand and it can provide all this alignment, but you know what's even better than that? Just spinning off mountains of cash that we can use in movies, in parks, to sort of expand the business. Yep. I think you can make an argument that ABC fits in with The Walt Disney Company and the Disney flywheel. ESPN is this wholly separate thing— Yes.…

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