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https://www.msn.com/en-us/money/companies/disney-in-talks-with-local-tv -station-owner-nexstar-to-sell-abc-report/ar-AA1gJnT9?ocid=msedgdhp&pc= U531&cvid=ad10c607b4724622b56dbd213e6c4157&ei=20
Disney is in talks with Nexstar to sell ABC. Nexstar owns many local
TV stations and is currently having a contract dispute with DirecTV
over access to its local affiliates. As a result, I have been unable
to get the local (Columbus, OH) NBC affiliate since July 1. Nexstar
owns local affiliates for all the major networks.
Since ABC currently owns 80% of ESPN, that would mean ESPN would also
spin off to Nexstar, unless that holding is excluded from the deal.
If this were to happen, it will be interesting to see if ABC/ESPN
continue to be sounding platforms for the woke agenda pushed by Disney
or whether they will moderate their editorial positions. Disney itself
is burning cash in large part to its unpopular woke agenda. A company
that built itself on traditional family values has now become hostile
to those same values. This is reflected in theme park attendance, its
movies, and its TV ratings which are all cratering.