Disney Says No Decision Made on Selling ABC
By Ben Glickman
Disney has yet to make a decision about whether it will sell the ABC television network or other properties in its linear broadcasting business, a spokesperson said.
Bloomberg reported on Thursday that Disney had held exploratory talks with Nexstar Media Group about selling its TV stations, including ABC, citing people familiar with the discussions.
"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," Disney's spokesperson said.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
September 14, 2023 18:01 ET (22:01 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
How Anti-Obesity Drugs Are Innovating the Healthcare Market
-
What’s Happening In the Markets This Week
-
Why Immigration Has Boosted Job Gains and the Economy
-
What to Invest in During High Inflation
-
Never Mind Market Efficiency: Are the Markets Sensible?
-
Starbucks Stock Could Use a Pick-Me-Up After Big Selloff; Is it a Buy?
-
5 Cheap Stocks to Buy From an Attractive Part of the Market
-
Markets Brief: All Eyes On Inflation
-
After Earnings, Is Lyft Stock a Buy, a Sell, or Fairly Valued?
-
8 Stock Picks in the Apparel Industry
-
Baidu Earnings: Advertising Weakness Offset by Continued Growth In Cloud Business
-
Going Into Earnings, Is Target Stock a Buy, a Sell, or Fairly Valued?
-
Walmart Earnings: Low Prices and Strong Digital Presence Drive Market Share Gains
-
After Earnings and a Big Selloff, Is Shopify Stock a Buy, a Sell, or Fairly Valued?
-
Cisco Earnings: Positive Guidance and Splunk Inclusion Align With Our Long-Term Thesis
-
3 Warren Buffett Stocks to Buy After Berkshire Hathaway’s Just-Released 13F Filing