Disney is open to selling a portion of its equity in ESPN to a strategic partner, CEO Bob Iger said in an interview with CNBC.

In addition to selling a stake in ESPN, Iger said he’s open to selling or spinning off Disney’s other linear TV networks — including ABC, FX, National Geographic, and Freeform.

Iger returned to run Disney last year after stepping down as CEO in 2020. On Wednesday, Disney announced his contract extension through 2026. But the extension arrives as cable subscription numbers continue to drop and the company has planned layoffs to 7,000 people — with many high-profile ESPN employees affected.