{"id":38426,"date":"2023-09-14T22:21:52","date_gmt":"2023-09-14T22:21:52","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/09\/14\/disney-reportedly-held-talks-about-selling-abc\/"},"modified":"2023-09-14T22:21:52","modified_gmt":"2023-09-14T22:21:52","slug":"disney-reportedly-held-talks-about-selling-abc","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/09\/14\/disney-reportedly-held-talks-about-selling-abc\/","title":{"rendered":"Disney reportedly held talks about selling ABC"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">Disney is in talks to sell off its ABC network and local TV stations, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-09-14\/disney-is-said-to-hold-initial-talks-on-sale-of-abc-to-nexstar?sref=ExbtjcSG\" target=\"_blank\" rel=\"noopener\">according to a report from <em>Bloomberg<\/em><\/a>. The entertainment giant reportedly met with Nexstar Media Group, which owns dozens of local news stations, to discuss a sale.<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">Disney\u2019s response to the report is a denial that it has reached a deal to sell off ABC or any of its other linear properties. In <a href=\"https:\/\/thewaltdisneycompany.com\/statement-from-the-walt-disney-company-2\/\" target=\"_blank\" rel=\"noopener\">a statement published on its website<\/a>, the company says it\u2019s \u201copen to considering a variety of strategic options,\u201d but it hasn\u2019t made an official decision and that \u201cany report to that effect is unfounded.\u201d<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">Sources tell <em>Bloomberg<\/em> that the talks between Nexstar and Disney are still early and that a price hasn\u2019t yet been named. Another source tells the outlet that Disney is also considering selling ABC to Byron Allen, the CEO of Entertainment Studios, which owns several stations, such as The Weather Channel.<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">Nexstar CEO Tom Carter expressed interest in acquiring Disney\u2019s linear channels at an investor conference this week, <a href=\"https:\/\/deadline.com\/2023\/09\/disney-abc-local-tv-stations-nexstar-could-acquire-directv-carriage-dispute-1235546028\/\" target=\"_blank\" rel=\"noopener\">stating that it could add<\/a> ABC channels \u201cwith relatively little friction\u201d should they become available. In July, <a href=\"https:\/\/www.theverge.com\/2023\/7\/14\/23794886\/bob-iger-disney-marvel-espn-streaming\" target=\"_blank\" rel=\"noopener\">Disney CEO Bob Iger hinted<\/a> heavily at selling off some of the company\u2019s linear networks, which include ABC, National Geographic, and FX, while making ESPN available as a standalone streaming channel.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.theverge.com\/2023\/9\/14\/23874313\/disney-sell-abc-nexstar-local-media-group\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Disney is in talks to sell off its ABC network and local TV stations, according to a report from Bloomberg. The entertainment giant reportedly met with Nexstar Media Group, which owns dozens of local news stations, to discuss a sale. Disney\u2019s response to the report is a denial that it has reached a deal to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":38427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-38426","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/38426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=38426"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/38426\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/38427"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=38426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=38426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=38426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}