Bloomberg reported earlier today that the Walt Disney Co. has held exploratory talks about selling its ABC network and TV stations to local broadcaster Nexstar Media Group Inc.
Disney has issued a statement late this afternoon saying, “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 CEO Bob Iger put the entertainment world on notice during an interview at the Sun Valley conference, where he said that the company is open to a number of options regarding its linear businesses, including ABC and ESPN.
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