Disney in early talks to offload ABC network
The Walt Disney Company (NYSE:DIS) is in preliminary talks about potentially selling its US TV network ABC to Nexstar Media Group Inc, according to Bloomberg, citing confidential sources. Media ent...
Byron Allen Makes $10B Bid for ABC, Other Disney Networks
Media mogul Byron Allen has submitted a $10 billion offer to Walt Disney Co. to acquire its ABC TV network, as well as several other stations, according to people familiar with the matter. Su Keena...
Report: Disney+ Faces Subscriber Shortfall After Price Hikes
Walt Disney Co.'s streaming service, Disney+, has reportedly encountered obstacles in meeting its subscriber targets, according to sources familiar with the matter.
Disney Calls Reports Of ABC And Station Sale Talks “Unfounded,” But Keeping “Strategic Options” Open As Deal Chatter Continues
Disney is pushing back on reports that the company is talking with Nexstar Media Group about a potential sale of ABC and its eight local ABC stations.
Disney is reportedly looking at a sale of ABC, kicking off CEO Bob Iger's grand plan for his company's future
Disney is in talks to sell ABC to Nexstar, Bloomberg first reported. The move is the latest in Bob Iger's plan to slim down the House of Mouse and focus on streaming.
Disney Holds Talks To Sell ABC To Nexstar Media, Report Says
Discussions are reportedly still preliminary, but Disney CEO Bob Iger has suggested traditional television “may not be core to Disney.”
Disney Said to Hold Talks About Selling ABC to Nexstar
Walt Disney Co. has held exploratory talks about selling its ABC network and TV stations to local broadcaster Nexstar Media Group Inc., according to people familiar with the discussions. Chris Palm...
Disney reportedly in talks with local TV station owner Nexstar to sell ABC
Disney CEO Bob Iger said in July that the company could sell some of its traditional TV assets that have struggled for years due to the rise of streaming services.
Disney stock rises on report it's in early talks with Nexstar on possible sale of ABC
Walt Disney Co. DIS, +1.11% is in initial talks on a possible sale of ABC to local broadcaster Nexstar Media Group Inc. NXST, +5.27%, Bloomberg News reported, citing people familiar with the situat...
Disney Stock Outlook: Is DIS Doomed or Time to Buy the Dip?
Disney's (NYSE: DIS ) stock has dropped nearly 10% this year and 55% from its pandemic peak. Indeed, as far as mega cap stocks are concerned, Disney really is on the out with many investors.
Disney's Lost Decade and Next Act
The market's had a surprisingly strong 2023, but investors might be eying easy low-risk yields elsewhere.
Disney (DIS) Reveals Its Future Projects at Destination D23
Disney (DIS) announces new attractions like the Zootopia show in the Tree of Life Theatre, Pirates of Caribbean-themed lounge and Avengers Jumping Vehicle at Destination D3.
Marvel visual effects workers unanimously vote to unionize
Marvel Studio's VFX workers unanimously voted to unionize with the International Alliance of Theatrical Stage Employes, marking the first time visual effects workers have unionized with IATSE, the ...
IMAX to Present Its New Stream Smart Technology at IBC 2023
IMAX is set to showcase its next-generation streaming technology, Stream Smart, at IBC 2023, as part of its strategy for expanding the adoption of the global technology platform.
There's No Easy Solution for Disney's Media Business. Here's Why.
Disney owns media properties like Mickey Mouse, Marvel, and "Star Wars." The way the company distributes its media properties is shifting very quickly.
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