Disney to Sell ABC?

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Sotiris
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Disney to Sell ABC?

Post by Sotiris »

I think this is a really bad idea. Owning a network and the influence it yields is of utmost importance for a media company, especially during a time when the streaming business is shrinking. If they need to sell something big for cash, they're better off selling Hulu.

Bob Iger Says Linear TV Business ‘May Not Be Core’ to Disney
https://www.thewrap.com/disney-bob-iger ... espn-hulu/

Bob Iger Seeks to Calm ‘High Anxiety’ at Off-Site With TV Leaders After Saying Linear ‘May Not Be Core’ to Disney
https://www.thewrap.com/bob-iger-disney ... -not-core/

Why Disney Wants to Sell ABC – and Who Would Buy It
https://www.thewrap.com/bob-iger-disney ... orks-sale/

Why Disney’s Future Is Up in the Air
https://www.thewrap.com/bob-iger-walt-d ... -hulu-abc/

Disney CEO Maintains Linear Remains ‘Highly Profitable’ But Cord-Cutting Trends Are ‘Unmistakable’
https://www.thewrap.com/disney-bob-iger ... orks-sale/

With an ABC Sale on the Table, Bob Iger Brings Disney Back to Dealmaking Business
https://www.hollywoodreporter.com/busin ... 235535343/

Disney Considering “Variety of Strategic Options” for Linear TV Networks
https://www.hollywoodreporter.com/busin ... 235560246/

In TV’s Wild West, Which Channels Will Be Dropped Next?
https://www.hollywoodreporter.com/busin ... 235594528/

Will Bob Iger Sell Disney’s Linear TV Networks? Insiders, Analysts Debate
https://variety.com/2023/tv/news/are-di ... 235675418/

Bob Iger Shifts From Building an Empire to a Disney Yard Sale
https://www.bloomberg.com/news/newslett ... -yard-sale
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Disney's Divinity
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Re: Disney to Sell ABC?

Post by Disney's Divinity »

:( Why in the world would they think about doing something like this? ABC has always been known for its connection to Disney. I really hope that doesn't happen, but that's just me.
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Re: Disney to Sell ABC?

Post by carolinakid »

To be honest, the ONLY program I watch on ABC is General Hospital. That really is literally it...
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Re: Disney to Sell ABC?

Post by Disney's Divinity »

I don't watch General Hospital, but I do watch quite a few ABC shows, not to mention older ABC shows. I miss their Sunday dramadies especially (Desperate Housewives, Brothers & Sisters, OUAT).
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Re: Bob Iger is Back!!!

Post by blackcauldron85 »

Disney stock rises on report it’s in early talks with Nexstar on possible sale of ABC
https://www.marketwatch.com/amp/story/d ... bc-dafbf8b
[To try to get around paywall:]

https://12ft.io/proxy?q=https%3A%2F%2Fw ... bc-dafbf8b

UPDATE: Disney Shares New Statement Regarding Potential Sale of ABC Network and TV Stations
https://wdwnt.com/?p=990911
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carolinakid
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Re: Bob Iger is Back!!!

Post by carolinakid »

I own quite a bit of Disney stock so that’s good news. My financial advisor was confident it would come back up.
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Re: Bob Iger is Back!!!

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Byron Allen Offers Disney $10 Billion for ABC, FX, National Geographic, and Local Stations
https://wdwnt.com/?p=991048
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Sotiris
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Re: Disney to Sell ABC?

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Allen Media Group’s Byron Allen Reaffirms His Plan to Bid $10 Billion for Disney Linear TV Assets
https://variety.com/2023/biz/news/byron ... 235737881/

Byron Allen Says Buying ABC Would Be a ‘Real Possibility,’ Vows to ‘Chase It Down’ When Disney Is Ready
https://variety.com/2023/scene/news/byr ... 235753844/
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Sotiris
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Re: Disney to Sell ABC?

Post by Sotiris »

Hopefully, this isn't just lip service and Disney won't end up selling its linear networks.

Disney Linear TV Networks “Not For Sale,” CEO Bob Iger Says, Though “Unbelievably Rigorous” Internal Review Continues To Gauge Their Long-Term Strategic Value
https://deadline.com/2023/11/disney-lin ... 235642826/

Mogul Memo to Bob Iger: I'm Not Buying Your ABC Sale Denial
https://variety.com/vip/bob-iger-disney ... 235816334/

Why Bob Iger Won’t Sell Disney’s Linear Assets
https://www.thewrap.com/disney-ceo-iger ... v-netflix/
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Re: Disney to Sell ABC?

Post by D23ExpoVisitor25 »

Iger didn't give up ABC in his deal with Charter.

So, they should be fine.
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Re: Disney to Sell ABC?

Post by PatrickvD »

ABC is useless as it doesn’t have a viable future. But its vast library of content is essential to Disney+ overseas as well as future plans for Hulu domestically.

Wall Street analysts aren’t seeing the bigger picture here. There’s a bit more context than ‘linear is a dying business’.
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