Disney Responds to Speculation Regarding ABC Network and TV Stations
Following recent speculations about the potential sale of the ABC network and its associated television stations, the Walt Disney Corporation has released an official statement to address the issue. Disney emphasizes that it has not made any final decisions regarding the possible divestment of ABC or any other assets at this time. The company’s statement firmly refutes any claims suggesting otherwise, highlighting their unfounded and speculative nature.
- Emma Roberts Feeds Kim Kardashian a Spider in New ‘American Horror Story: Delicate’ Poster
- With ‘The Good Doctor’ Delayed, Watch This Addictive Medical Show Instead
- Dan Humphrey Was Never Meant To Be Gossip Girl — This Character Was
- ‘The Terminal List’ Prequel Series Gets Promising Update From Antoine Fuqua
- Ashton Kutcher, Mila Kunis Wrote Letters in Support of Danny Masterson Ahead of Rape Sentencing; Kutcher Called Him a ‘Role Model’
The speculation surrounding a potential sale gained traction in recent months following Disney’s CEO, Bob Iger’s, announcement of the company’s dedication to evaluating the future of its television properties in an unbiased and transparent manner. Disney’s linear television assets include the widely recognized ABC broadcast network, as well as popular channels such as FX, Disney Channel, Nat Geo, and Freeform.
you are watching: Disney Pushes Back on ABC Sale Reports, Says Company ‘Has Made No Decision’ Yet
Nexstar has emerged as a prominent contender among potential buyers for Disney’s television stations. During a recent BofA Securities Communications, Media, and Entertainment conference call, Tom Carter, a former Nexstar executive who now serves as a senior advisor to CEO Perry Sook and the Board of Directors, hinted at Nexstar’s interest in acquiring the stations. Although no definitive plans have been disclosed, this statement suggests a potential opportunity, pending further developments in the situation.
see more : “My Hero Academia’ Season 7: Release Window, Plot, Cast, and Everything We Know So Far
Byron Allen, a prominent figure in the media industry in recent years, made waves with his acquisition of 27 television stations affiliated with major networks like NBC, ABC, CBS, and Fox. In addition, he purchased the Black News Channel for $11 million. On the other hand, Paramount’s attempt to obtain a majority stake in BET ended in failure, as the company decided to withdraw from the planned acquisition.
Currently, Disney has not made any firm commitments regarding the sale of ABC or its other television assets. The future of these assets and the complex dynamics involved will be closely observed in the media industry, as stakeholders eagerly anticipate further progress.
Source: https://dominioncinemas.net
Category: TV
