

“Everyone is talking to Disney,” a source close to the situation said, noting it is “way too early” for a deal.
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Sources told The Post that any deal is far off and that many entities are sniffing around Disney for a crack at ABC. Staffers at ABC News are reportedly “freaking out” after Bloomberg News said parent Disney held talks to sell the network to Nexstar. The outlet also reported that aspiring media mogul and Weather Channel boss Byron Allen was ready to offer $10 billion for the property.

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“While we are open to considering a variety of strategic options for our linear businesses, at this time The Walt Disney Company has made no decision with respect to the divestiture of ABC or any other property and any report to that effect is unfounded,” a spokesperson said.īloomberg News had reported that Nexstar, owner of the CW, NewsNation, and a slew of local TV stations, held preliminary talks with the Mouse House to acquire ABC. While fears swirled of what a merger might bring - cost-cutting, a leadership upheaval, or perhaps a change in editorial direction - Disney slammed the report late Thursday. “It’s all anyone at work is talking about,” another employee added. “Everyone is freaking the f–k out,” one ABC News staffer told CNN’s Oliver Darcy about the state of affairs inside the network, which is home to “20/20,” “The View” and “Good Morning America.”

Disney laid off hundreds of Beijing employees ahead of meeting with US congressman over data privacy: reportīroadway understudy shares incredible international race to ‘Aladdin’ stage just in time for the showĪmazon to put ads in Prime Video shows, movies in scramble for profitsĭeSantis dismisses billionaire Ken Griffin’s criticism of governor’s ‘pointless’ Disney feudĪBC News staffers were “freaking out” over a fresh round of rumors that Disney will sell the network - even as the parent company called the reports “unfounded.”Įmployees were jolted Thursday by reports that Disney has held “exploratory talks” with local TV station giant Nexstar Media Group to sell ABC, according to CNN.
