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Dubai News Club > Tech > Disney reportedly held talks about selling ABC
Tech

Disney reportedly held talks about selling ABC

Press Room
Last updated: 2023/09/14
Press Room
Published: September 14, 2023
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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’s 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 statement published on its website, the company says it’s “open to considering a variety of strategic options,” but it…

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