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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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YouTuber Jake Paul beats Mike Tyson as boos heard during controversial fight

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YouTuber Jake Paul beats Mike Tyson as boos heard during controversial fight

YouTuber-turned-boxer Jake Paul has defeated one of the greatest-ever fighters, former heavyweight world champion Mike Tyson, who is more than twice his age.

Paul, 27, won the bout via a unanimous points decision at the AT&T Stadium in Arlington, Texas – home of the Dallas Cowboys and the biggest NFL stadium in the US.

The fight was already controversial but then arguably failed to live up to the hype. Boos were heard from the crowd in the final two rounds, after a perceived lack of action.

Afterwards, the pair heaped praise on each other. Paul said: “This man is an icon and it’s just an honour to be able to fight him. And he’s obviously the toughest, baddest man on the planet.”

Tyson, 58, described Paul as a “good fighter” but dismissed the suggestion he was out to prove something.

“I didn’t prove nothing to anybody, only to myself,” he said.

Jake Paul lands a left to Mike Tyson during their heavyweight boxing match, Friday, Nov. 15, 2024, in Arlington, Texas. (AP Photo/Julio Cortez)
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Jake Paul defeated Mike Tyson on points. Pic: AP

Boxing careers compared

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This was not Paul’s first professional fight. The American YouTube star made his debut in 2020, and his most high-profile clash was last year against Tyson Fury’s brother Tommy Fury, which he lost by a split decision.

The so-called “Problem Child” has since defeated former UFC contender Nate Diaz, professional boxer Andre August, former Gold Gloves champion Ryan Bourland and most recently MMA fighter Mike Perry.

In contrast, “Iron Mike” Tyson was ranked among the best heavyweight boxers of all time.

During his career, he knocked out 44 opponents – retiring from professional boxing in 2005 after defeat against Kevin McBride.

He returned to the ring in 2020 for a bout against fellow boxing icon Roy Jones, which ended in an unofficial draw.

Mike Tyson, left, fights Jake Paul during their heavyweight boxing match, Friday, Nov. 15, 2024, in Arlington, Texas. (AP Photo/Julio Cortez)
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Mike Tyson struggled at times against Jake Paul, 31 years his junior. Pic: AP

‘Someone’s getting put to sleep’

Earlier this week, Paul said he believed the bout would not go the distance. “No, someone’s getting put to sleep,” he said. “It’s going to be a war, and we’re both heavy hitters. It’s not going the full 16 minutes.”

Tyson said: “I’ve been through so many ups and downs since my last fight with Kevin McBride.

“I’ve been in rehab. I’ve been in prison, been locked up. Never in a million years did I believe I’d be doing this.”

Several states would not allow the bout to go ahead, and the Texas Athletic Commission only agreed to the fight if there were changes, due to Tyson’s age.

It limited the contest to eight rounds lasting a maximum of two minutes instead of three. Both boxers were also required to wear heavier gloves, designed to lessen the force of punches.

The fight was initially scheduled for 20 July, but was postponed when Tyson suffered an ulcer flareup.

Taylor defends title

Katie Taylor, center, celebrates after defeating Amanda Serrano during their undisputed super lightweight title bout, Friday, Nov. 15, 2024, in Arlington, Texas. (AP Photo/Julio Cortez)
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Katie Taylor celebrates after defeating Amanda Serrano in Texas. Pic: AP

Meanwhile, among the undercard fights, Irish boxer Katie Taylor successfully defended her super lightweight world title against Puerto Rico’s Amanda Serrano.

But it was tight. Taylor claimed the rematch 95-94 for all three judges in an epic battle.

The bout came two and a half years after the pair fought at Madison Square Garden, which Taylor won on a split decision.

Bout suffered from buffering

Earlier in the evening thousands of Netflix users in the US reported problems with the coverage, with some posting on social media about buffering.

At one point, more than 98,000 people had reported issues according to Downdetector, which tracks outages.

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Matt Gaetz: Speaker Mike Johnson will request report into Trump’s attorney general pick is kept secret

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Matt Gaetz: Speaker Mike Johnson will request report into Trump's attorney general pick is kept secret

US House Speaker Mike Johnson has said he will “strongly request” a report into allegations of sex trafficking against Matt Gaetz, who is the president-elect’s choice of attorney general, should not be released.

Mr Johnson said he was against publishing the House Ethics Committee report on Mr Gaetz, 42, who if approved by the Senate will become the nation’s top prosecutor once Donald Trump is sworn in as president on 20 January.

That’s despite Mr Gaetz having previously faced a nearly three-year Justice Department investigation into sex trafficking allegations involving a 17-year-old girl. He denies the allegations and has not faced criminal charges.

Mr Gaetz has also never worked as a prosecutor and has only worked in law for a few years at a local level.

He stepped down from Congress after Mr Trump announced him as his attorney general pick.

His resignation brought the investigation by the House Ethics Committee to an end – two days before it had been expected to release its report into the trafficking claims.

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Why is Matt Gaetz a controversial pick?

House Speaker Mr Johnson, a Louisiana Republican, said of the probe: “I’m going to strongly request that the Ethics Committee not issue the report, because that is not the way we do things in the House.”

Politicians of both parties on the Senate Judiciary Committee have said they want to see the report on Mr Gaetz, as part of a Senate confirmation process for cabinet nominees that would start next year with public hearings.

Democrats have described the MAGA loyalist as “a gonzo agent of chaos” and his appointment a “red alert moment for our democracy”, while some Republican senators have also raised doubts about his suitability for the role.

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Mr Johnson said he planned to urge House Ethics Committee chairman Michael Guest not to provide the report to the Senate Judiciary Committee.

“The rules of the House have always been that a former member is beyond the jurisdiction of the Ethics Committee,” said Mr Johnson, who returned on Friday morning from meeting Mr Trump at the president-elect’s Mar-a-Lago resort in Florida.

“I think it’s a terrible breach of protocol and tradition and the spirit of the rule,” he added. “I think that would be a terrible precedent to set.”

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Mr Johnson had said on Wednesday that as Speaker he could not be involved in deciding whether or not to release the report.

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Malcolm X family brings $100m lawsuit against FBI, CIA and NYPD over ‘conspiracy to assassinate’ civil rights leader

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Malcolm X family brings 0m lawsuit against FBI, CIA and NYPD over 'conspiracy to assassinate' civil rights leader

A $100m (£79m) lawsuit has been brought against the CIA, FBI and New York Police Department (NYPD) who are accused of being involved in the 1965 assassination of civil rights leader Malcolm X.

The case, which has been filed in a federal court in Manhattan, New York, alleges that the agencies were aware of the assassination, they were involved in the plot and failed to stop the killing.

The legal action has been brought by Malcolm X’s three daughters along with his estate.

The NYPD and CIA have not yet responded to the claims while the FBI said it was “standard practice” not to comment on litigation.

Nicholas Biase, a spokesperson for the US Department of Justice, which is also included in the lawsuit, declined to respond.

Attorney Ben Crump and legal team speak alongside daughter of the late killed civil rights leader Malcolm X, Ilyasah Shabazz, during a news conference to announce a lawsuit against government agencies and the New York City Police Department (NYPD) for the alleged assassination and concealment of evidence surrounding Malcolm X’s murder in New York City, U.S., November, 15, 2024. REUTERS/Shannon Stapleton
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Attorney Ben Crump with Malcolm X’s family on Friday. Pic: Reuters

Malcolm X was 39 when he was shot dead on 21 February 1965 on stage by three gunmen as he prepared to speak at the Audubon Ballroom in Manhattan.

At a news conference in New York on Friday, to announce the details of the lawsuit, attorney Benjamin Crump said: “The government fingerprints are all over the assassination of Malcolm X.

“We believe we have the evidence to prove it.”

For decades, questions have arisen over who was behind his murder.

Malcolm X rose to prominence as the national spokesman of the Nation of Islam, an African-American Muslim group which supported black separatism.

He broke away from the group in 1964 and moderated some of his earlier views on racial separation, which angered Nation of Islam members and resulted in death threats.

Three men were convicted of his murder but two of them were cleared in 2021 after investigators took a fresh look at the case. They concluded some evidence was shaky and authorities had held back some information.

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Malcolm X’s family speaking in February 2023 when the plans for the lawsuit were initially announced

In the lawsuit, which began its process in 2023, it is alleged the NYPD coordinated with federal law enforcement agencies to arrest the activist’s security guards days before the assassination.

It also claims police were intentionally removed from inside the ballroom where Malcolm X was killed and that federal agencies had personnel, including undercover agents, at the site but failed to protect him.

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The lawsuit goes on to allege a “corrupt, unlawful, and unconstitutional” relationship between law enforcement and “ruthless killers… which was actively concealed, condoned, protected, and facilitated by government agents”.

Referring to Malcolm X’s family, the lawsuit states: “They did not know who murdered Malcolm X, why he was murdered, the level of NYPD, FBI and CIA orchestration, the identity of the governmental agents who conspired to ensure his demise, or who fraudulently covered up their role.”

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