Disney Not Selling TV Stations

Aug 15, 2008  •  Post A Comment

Disney has denied speculation by a stock analyst that it may sell its 10 ABC-owned TV stations to invest in content, Broadcasting & Cable reports. No major broadcast network operates without a foundation of O&O TV stations in major cities for distribution, the newspaper says. Caris & Co. speculated that Disney would require station buyers to maintain the ABC network affiliation, the newspaper notes.
—Vlada Gelman

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