Walt Disney Co. (DIS) Chief Financial Officer Tom Staggs said Tuesday that the company has so far avoided the Time Warner (TWX) -led "TV Everywhere" experiment because it doesn't offer its networks enough money in return for allowing their shows to be streamed over the Web.

"A new opportunity to reach consumers is very attractive...[but] we want to do so in a way that delivers proper compensation [to us] for that value," Staggs said, speaking at an investor conference that was Webcast.

Staggs also said Disney doesn't want to participate in something that uses online access to TV shows as a "cudgel" to force consumers to subscribe to a video service to get that access.

-David B. Wilkerson; 415-439-6400; AskNewswires@dowjones.com

Order free Annual Report for The Walt Disney Company

Visit http://djnewswires.ar.wilink.com/?link=DIS or call 1-888-301-0513