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Walt Disney CEO Bob Iger, speaking to thousands of frazzled employees at a town hall meeting, scrambled to downplay speculation that the company is planning to sell a slew of key media properties including ABC and ESPN.

“I did not think everyone would run with a story that everything is being sold, which is not the case,” Iger told Disney employees at a virtual town hall in New York on Tuesday afternoon.

Iger appeared to be referring to an interview he gave CNBC in July, in which he revealed that the company was mulling a sale of its TV assets while seeking a strategic partner for sports cable empire ESPN.

At the town hall on Tuesday, Iger said that his comments were indicative of his tendency to “run things up flagpoles to see how they will fly” and to “think out loud,” according to a report in The Wall Street Journal.

Disney’s stock price fell further in the wake of Iger’s comments on Tuesday. The stock closed at $92.50, down 2.8%.

Iger was joined on stage at the town hall by Jimmy Pitaro, the head of ESPN; Disney Entertainment co-chairs Dana Walden and Alan Bergman; and Josh D’Amaro, who heads the company’s parks and resorts division.

The CEO said that Walden and Pitaro were examining the businesses that they oversee, including ESPN, ABC, Disney Channel and FX, so as to make them more efficient.

Iger insisted that the linear television properties were still “pretty significant” to the company.

ABC News anchor David Muir, who moderated the town hall, quizzed Iger and Pitaro over whether Disney has lined up a strategic partner for ESPN.

The two men replied that they were in discussions with sports leagues and tech companies, but would not elaborate further.

Iger said that Disney could “go it alone” and not seek partners for ESPN.

“We are fully prepared to do that,” the Disney boss said, though he added it “would be a little more challenging if we did.”

ESPN took the rare step of disclosing its financials — a move that observers say could be a precursor to Disney wooing a potential investor.

The sports network, which is said to have an enterprise value of $24 billion, revealed declining sales and profit — a byproduct of the cord-cutting trend that has seen an ever-increasing number of viewers migrating away from cable TV.

Iger has said in recent months that Disney wants to keep ESPN and will try to create a direct-to-consumer streaming app for it by either forming a joint venture or finding a buyer for a minority stake in the network.

Disney intends to roll out the new ESPN service by no later than 2025.

According to Disney’s most recent earnings report, the company’s “experience” division, which includes its theme parks, generated 13% more revenue in the fourth quarter of this past fiscal year compared to last year.

Iger told employees at Tuesday’s town hall that the profitability of the parks division was behind the company’s decision to invest an addition $60 billion.

“This is a business where you spend to succeed,” Iger told employees of the Mouse House on Tuesday.

The company has been hamstrung by steep losses in its streaming division as well as underwhelming box office returns on big-budget pictures in the Marvel Cinematic Universe franchise.

Iger has been quoted in recent months as being exasperated by the task of turning the company’s fortunes around.

The longtime executive also insisted that he “never second guessed” his decision to reassume the CEO position after the ouster of his handpicked successor, Bob Chapek.

I knew that there were myriad challenges that I would face coming back, Iger said on Tuesday.

I wont say that it was easy, but Ive never second guessed the decision to come back, and being back still feels great.

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Home Office loses appeal to challenge block on asylum seeker’s deportation to France

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Home Office loses appeal to challenge block on asylum seeker's deportation to France

The Home Office has lost a Court of Appeal bid to challenge a High Court ruling granting an Eritrean man a temporary block on being deported to France.

The ruling will be a blow to ministers, who had been hoping to make headway with their “one in, one out” migrant returns deal with France.

Politics latest: Don’t let Trump’s America become Farage’s Britain, Ed Davey says

Under the deal, the UK can send back any migrant who crosses the Channel illegally in return for accepting the same number of migrants in France who have a valid asylum claim here.

However, only four people have been deported under the scheme so far, including one Afghan individual who was deported to France this afternoon.

The Eritrean man was granted a temporary block on his removal after he claimed he had been a victim of modern slavery.

The government has said up to 50 people a week could be deported under the scheme initially, but it believes numbers would grow and eventually act as a deterrent to those considering making the dangerous journey across the Channel.

More on Migrant Crossings

Last Friday saw more than 1,000 people cross the Channel to the UK in small boats the day after the first migrant was deported under the “one in, one out” deal.

The latest Home Office figures show 1,072 people made the journey in 13 boats – averaging more than 82 people per boat. It means the number of migrants arriving in the UK after crossing the English Channel has topped 30,000 for the year so far.

Migrants arrive at Dover. Pic: PA
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Migrants arrive at Dover. Pic: PA

Shabana Mahmood, who was promoted to home secretary in the prime minister’s reshuffle earlier this month, has accused migrants who try to block their deportation of making a “mockery” of the UK’s modern slavery laws.

She has vowed to do “whatever it takes” to end crossings – but the Conservatives have branded the “one in, one out” deal with France “meagre” and have called for their Rwanda policy to be reinstated.

Read more:
UK health officials push back on Trump’s paracetamol claims
What will the UK’s ‘recognition’ of Palestine achieve?

Chris Philp, the shadow home secretary, said: “Yet again the courts have stepped in to block a deportation, proving what we warned from the start, unless you tackle the lawfare strangling Britain’s borders, nothing will change.

“This is nothing but a gimmick. Even if by some miracle it worked, it would still be no deterrent, as 94 per cent of arrivals would still stay.”

Meanwhile, Reform UK has promised to crack down on both legal and illegal migration.

Last month, party leader Nigel Farage outlined plans to deport hundreds of thousands of illegal migrants in the first parliament of a potential Reform UK government.

On Monday, he announced fresh policies to reduce legal migration, saying his party would ban access to benefits to migrants and get rid of indefinite leave to remain – the term used to describe the right to settle in the UK, with access to benefits, after five years.

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Ed Davey warns that Nigel Farage wants to turn Britain into ‘Trump’s America’

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Ed Davey warns that Nigel Farage wants to turn Britain into 'Trump's America'

Sir Ed Davey has used his keynote speech to warn that the UK has a choice between “the real change people crave”, and a Reform government turning Britain into “Trump’s America”.

The leader of the Liberal Democrats has sought to paint a picture of the country at a crossroads, and has heaped accusations on Nigel Farage – suggesting he would reverse gun laws and scrap the NHS.

Sir Ed has spent the past few days of the party’s conference in Bournemouth attacking tech titan Elon Musk and the Reform UK leader.

But now he has used his speech to try and tie the ideas of Mr Farage and President Trump together in voters’ minds.

Liberal Democrat leader Sir Ed Davey delivering his speech during the autumn conference.
Pic: PA
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Liberal Democrat leader Sir Ed Davey delivering his speech during the autumn conference.
Pic: PA

He said: “Imagine living in the Trump-inspired country Farage wants us to become.

“Where there’s no NHS, so patients are hit with crippling insurance bills. Or denied healthcare altogether.

“Where we pay Putin for expensive fossil fuels and destroy our beautiful countryside with fracking – while climate change rages on.

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“Where gun laws are rolled back, so schools have to teach our children what to do in case of a mass shooting. Where social media barons are free to poison young minds with impunity.”

Sir Ed called Nigel Farage a "hypocrite" who should "apologise" for his record on tackling immigration.
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Sir Ed called Nigel Farage a “hypocrite” who should “apologise” for his record on tackling immigration.


Sir Ed also accused Mr Farage’s party of allowing “the government [to] trample on our basic rights and freedoms” by saying it will pull the UK out of the European Convention on Human Rights (ECHR) – and of giving “tacit support” to racism and misogyny.

The Lib Dem claimed a Reform government would be “where everything is in a constant state of chaos”.

Under Mr Farage, those with mental health problems would be told they are “making it up”, and children with special educational needs that they have “been wrongly diagnosed”, Sir Ed said.

“That is Trump’s America. Don’t let it become Farage’s Britain,” he warned.

But Sir Ed has not only attacked Reform UK for what could happen if they came to power, but also for the “crisis”, which he accused Mr Farage of having already caused.

He pointed to the Reform leader’s support for leaving the EU, which led to 27 existing migrant return agreements being abolished.

Sir Ed said: “He caused this [small boats] crisis, and he should apologise.

“And look at this hypocrite’s big announcement on deportation last month.

“Look at what his plan really means. Sending men, women and children who have fled the Taliban back to Afghanistan to be murdered by them. And even paying the Taliban to do it.

“That isn’t patriotic. That isn’t British. That isn’t who we are.

“So much that is broken in our country today is broken thanks to Nigel Farage. And now he wants to break it even more. Unless we stop him.”

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Sky News political editor Beth Rigby analyses her interview with the Lib Dem leader.

In fact, Sir Ed directly mentioned Mr Farage by name in his speech 30 times, a point made by our political editor Beth Rigby, who has argued that the Reform UK leader is living ‘rent-free’ in the Lib Dem’s head.

Farage is allied with Musk, Putin and Trump, Davey claims

But Sir Ed also had tech billionaire, Elon Musk, in his sights once again.

The Lib Dem leader repeated his allegation that the X owner was “inciting far-right violence” with his speech at the “Unite the Kingdom” rally last weekend.

He called for the UK to stand up to Mr Musk, and for the government to “properly enforce our laws so he can’t get away with inflicting harm on our kids”.

'Trump's America' was a key line of attack for Sir Ed, who said a new coalition should be established to fight the president's tariffs.
Pic: Reuters
Image:
‘Trump’s America’ was a key line of attack for Sir Ed, who said a new coalition should be established to fight the president’s tariffs.
Pic: Reuters

“Nigel Farage is on the side of Elon Musk, Vladimir Putin and Donald Trump,” he alleged. “Liberal Democrats are on the side of the British people.”

Sky News has approached X and Elon Musk for comment about these comments that he has made previously, but as of publication has received no response.

X maintains it has “zero tolerance for child sexual abuse material” and claims tackling those who exploit children is a “top priority”.

Read more:
UK faces ‘crisis’ of child-on-child sexual abuse

Trump is ‘the biggest threat to the fight against cancer’

Another person to face Sir Ed’s ire was President Trump, who the leader accused of becoming “the biggest threat to the fight against cancer”.

“The US is by far the world’s biggest funder of cancer research – mostly through its National Cancer Institute,” the leader said.

“But since Donald Trump returned to the White House, he has cancelled hundreds of grants for cancer research projects.

“He’s slashing billions of dollars from the National Cancer Institute’s budget.”

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Sir Ed Davey said he believed Nigel Farage was seeking to mimic the politics of US President Donald Trump.

Sir Ed appealed for scientists who have had projects cancelled or funding cut to “come here and finish it in the UK”.

He said a dedicated scheme should be established to allow them to move to work at British research institutions, without having to pay large visa fees.

He also used his speech to pledge to boost healthcare and cancer research more widely.

He told party members: “The UK should step up and say: if Trump won’t back this research, we will.

“We’ll boost funding for cancer research in the UK. We’ll rebuild a National Cancer Research Institute, after it was closed under the Conservatives, to coordinate research and drive it forward.

“We’ll pass a Cancer Survival Research Act to ensure funding for research into the deadliest cancers.”

He also announced a “cast-iron guarantee” that each patient in the UK diagnosed with cancer will start treatment within two months under the Liberal Democrats.

Sir Ed also:

  • Urged the government to create a new “coalition of the willing” to take on Trump’s tariffs
  • Said he would like to win more seats than the Conservatives at the next general election, for the first time since 1910
  • Appealed to traditional Tory voters and urged them to vote for him “to oppose this failing Labour government”

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Sports

Oklahoma State fires longtime coach Mike Gundy

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Oklahoma State fires longtime coach Mike Gundy

Mike Gundy, the second-longest-tenured FBS head coach, has been fired by Oklahoma State, effective immediately, it was announced Tuesday.

Gundy, 58, was in his 21st season leading the Cowboys this fall. His exit comes four days after Oklahoma State fell to 1-2 in a 19-12 loss to Tulsa last Friday and less than 24 hours after Gundy publicly stated on Monday his “100 percent” intention to remain with the program beyond the 2025 season.

“I’m under contract, here, for I think 3½ years,” Gundy said Monday. “When I was hired here to take this job, ever since that day, I’ve put my heart and soul into this and I will continue to do that until at some point, if I say I don’t want to do it or if somebody else says we don’t want you to do it.”

Gundy will be owed $15 million by the university.

“This is a decision about what’s best for our football program, our student-athletes and Oklahoma State University and it reflects our unwavering commitment to championship-level football and competing for national success,” university president Jim Hess said in a statement.

“Coach Gundy dedicated decades of his life to OSU, achieving significant success and positively impacting hundreds of young men who wore the OSU uniform. His contributions to our university, both as a player and coach, deserve our profound respect and will not be forgotten. We are grateful for his service and wish him and his family the very best.”

Gundy compiled a record of 170-90 from 2005 to 2025, overseeing a rapid transformation of the Oklahoma State football program across two-plus decades in charge. He led the Cowboys to eight 10-win seasons, including a 2011 Big 12 title campaign that saw Oklahoma State finish No. 3 in the AP Top 25 and a Fiesta Bowl win over Stanford.

Gundy and the Cowboys reached the Big 12 championship game as recently as 2023. But his departure follows in the wake of a downward spiral over recent seasons.

The Cowboys have dropped 11 of their past 12 games dating to the start of the 2024 season, with 11 consecutive defeats against FBS opponents — the longest such streak among Power 4 programs nationally.

“College football has changed drastically in the last few years, and the investment needed to compete at the highest level has never been more important,” athletic director Chad Weiberg said in a statement. “As we search for the next head coach of Cowboy Football, we are looking for someone who can lead our program in this new era.

“… Moving forward, it is critical for our fans, alumni and donors to align behind Cowboy Football. This is a pivotal moment, the stakes have never been higher and we need everyone on board.”

Once a beacon for high-flying, offensive football, Gundy, who was a star quarterback for Oklahoma State in the late 1980s, leaves with the Cowboys ranked 81st in total offense and 74th in scoring this season.

Gundy agreed to a restructured contract to remain the program’s coach late last year following a 3-9 finish to the 2024 season.

Oklahoma State added more than 60 new players to its roster before the 2025 season. After a Week 1 win over UT-Martin, the Cowboys suffered a 69-3 drubbing on the road at Oregon before falling to in-state Group of 5 rivals Tulsa in Week 4.

The Cowboys gave up 11 plays of 15-plus yards, made just three trips to the red zone and were outgained 424-403 in the loss to Tulsa — the program’s first home loss to the Golden Hurricane since 1951.

Oklahoma State opens Big 12 play against Baylor on Saturday.

Monday marked the 17th anniversary of Gundy’s infamous “I’m a man, I’m 40” rant.

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