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Disney’s ABC Stations Could Be Bought By Nexstar With “Little Friction” If They Are Sold Off, Company Advisor Tom Carter Says

TheBigA said:
Maybe. If I remember correctly, Westinghouse had a longstanding deal with NBC. All of its TV stations were NBC affiliates.
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KPIX was never anything other than a CBS affiliate before the Westinghouse - CBS merger.

The only unstable major affiliation in the San Francisco market was NBC, and NBC did that to themselves with the KNTV purchase after getting into a "urination match" with the DeYoung family by trying to force a low-ball price to buy KRON.
 
Megatron said:
I don't see Nexstar buying the 8 ABC O&O stations in my opinion I think Disney does a spinoff of the networks than selling them outright.
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True given that Nexstar would be required to get Mission Broadcasting involved in the deal, Also Fresno is one of these places where Nexstar and Mission would be required to sell one of the stations KSEE, KFSN and KGPE to another party.
 
Y2kTheNewOldies said:
True given that Nexstar would be required to get Mission Broadcasting involved in the deal, Also Fresno is one of these places where Nexstar and Mission would be required to sell one of the stations KSEE, KFSN and KGPE to another party.
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Fresno is only market 53, but it's revenue rank is 64. Not a good market, and not a situation that would hang up a deal.

The retrans fees are about 15% higher than the ad revenue. With cable-cutting, that is likely to be an even worse market in the future.
 
tvnewscheck.com

Disney Pouring $60 Billion Into Theme Parks, Cruises Over The Next 10 Years

The Walt Disney Co. is planning to invest approximately $60 billion into its theme parks and cruise lines over the next decade, as the company looks to continue growing one of its more successful business segments. The company said in a regulatory filing on Tuesday that the planned investment is...
tvnewscheck.com tvnewscheck.com

Here is a related reason for Disney. The company is allocating more of their resources to their Disney Parks division.

The Walt Disney Co. is planning to invest approximately $60 billion into its theme parks and cruise lines over the next decade, as the company looks to continue growing one of its more successful business segments.

The company said in a regulatory filing on Tuesday that the planned investment is nearly double what it spent in the prior 10-year period.

The Disney Parks, Experiences and Products segment continues to do well for the company, with revenue rising 13% in its fiscal third quarter. That’s helped to offset the struggles in its Disney Media and Entertainment Distribution unit, which saw revenue dip 1% in the period.
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Can Hearst Corp ready to swap assets, I would be surprised if Charter will be unhappy if Disney makes a deal with Hearst. Lifetime, ESPN, and their ABC stations might go to Disney in exchange for Nat Geo and their stake in A&E and History.
 
Mark Roberts said:
Yes, but what you're reading in this thread is the broadcasting-business equivalent of sports betting.
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Except this is fully detached from reality and entirely aggravating.

One could get some modicum of enjoyment with sports betting, but full-on delusional speculative fiction Tom Carter spewed in the OP? No way.
 
DarrenVision said:
Can Hearst Corp ready to swap assets, I would be surprised if Charter will be unhappy if Disney makes a deal with Hearst. Lifetime, ESPN, and their ABC stations might go to Disney in exchange for Nat Geo and their stake in A&E and History.
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Sorry to disappoint, but Hearst is not, not, NOT going to buy ABC. They are a family-run company with many diversified interests, plus they just spent over $200M on WBBH in Fort Myers.
 
Sounds familiar:

The key, he said, “is basically to reduce pretty dramatically our investment in content, specifically aimed at those traditional networks. Invest in some, but then manage the traditional platforms, networks, and the streaming platforms, seamlessly.
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We first heard that strategy when AT&T bought Warner Media. It didn't work. It's also how Paramount is managing Paramount +.

Consumers expect content companies to invest billions and give it away for free. This strategy won't work without cutting the price.
 
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