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--:-- Georgia Howe: I'm Georgia Howe with Daily Wire editor-in-chief John Bickley. It's Friday, July 14th, and this is your Morning Wire afternoon update.
--:-- John Bickley: Thanks for tuning in, Georgia. What's on the agenda for today?
--:-- Georgia Howe: Well, John, let's start with some news from Disney. CEO Bob Iger says he's open to the idea of selling off the media company's traditional TV assets.
--:-- John Bickley: That's right, Georgia. Speaking with CNBC Thursday, Iger said that after returning to the helm at Disney, he realized the company is facing a lot of challenges, some of them self-inflicted.
--:-- Georgia Howe: The company's linear TV business, which includes ESPN and other cable TV channels, as well as broadcast station ABC, are being assessed. While Iger signaled his company plans to hold on to ESPN, other TV assets may not be core to Disney.
--:-- John Bickley: That's right. Iger said, "Our cost structure reflects the economic realities of the business, and that includes disruption. Transformative work is dealing with businesses that are no-growth businesses and what to do about them, and particularly the linear business, which we are expansive in our thinking about."
--:-- Georgia Howe: And we're going to look expansively about opportunities there because clearly it's a business that is going to continue to struggle. Disney has reportedly been struggling on a number of fronts, including park attendance.
--:-- John Bickley: Moving on to some other news, actor Kevin Spacey appeared to get choked up during his court testimony today as he recalled the intimate friendship he shared with a man who is now accusing the actor of violently groping him.
--:-- Georgia Howe: Spacey claims he was crushed when he learned of the allegations. Four men have now accused the two Oscar winner of sexually assaulting them between 2001 and 2013, describing disturbing encounters that escalated from unwanted touching to aggravated crotch grabbing.
--:-- John Bickley: In other news, savvy Costco shoppers are speculating that the wholesale superstore will soon stop stocking Bud Light after noting the star of death asterisk on the product label as well as a price drop on the beer.
--:-- Georgia Howe: According to Consumer Reports, an asterisk in the upper right-hand corner of a sign for an item does in fact indicate that the product won't be reordered once it sells out.
--:-- John Bickley: A 22-year-old Florida man captured a 19-foot Burmese python near Naples on Monday night. The invasive reptile specimen was the largest ever caught in the region, weighing 125 pounds.
--:-- Georgia Howe: The Florida Python Challenge is an officially sanctioned state program running for two weeks in August where residents can hunt pythons for a chance to win cash. The program aims to protect the fragile Everglades ecosystem, which is increasingly threatened by giant pythons.
--:-- John Bickley: Prior to the catch, the largest Burmese python caught in Florida was in October of 2020, 35 miles west of Miami, and measured 18 feet and 9 inches.
--:-- Georgia Howe: All right, those are your drive-home updates this afternoon. To learn more about these stories, go to dailywire.com, and for more in-depth discussion of the biggest stories of the day, listen to our latest full episode of Morning Wire every morning.
--:-- John Bickley: Thanks for tuning in, Georgia. We'll see you tomorrow.
--:-- Georgia Howe: Thanks, John.
