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On Tuesday, Disney announced the acquisition of a 33 percent stake in BAMTech, the video streaming unit of Major League Baseball.
"We think that in today's world having the ability to stream on a scale basis live sports and live programming is a competitive advantage and something that's necessary," said Iger. "As a majority owner, we feel it gives us an ability to jump-start not only ESPN, but our other businesses as well," he added.
Other topics discussed in the interview include:
The full interview is only available to CNBC PRO subscribers.