You Knew He Would Enter The Mix
FTVLive told you that Nexstar is exploring buying the Disney ABC O&Os.
The potential sale of the ABC outlets is in the embryo stage and is a long way from being a deal.
But, right on cue, Byron Allen has entered the mix, offering up a $10 Billion Bid for ABC properties.
Disney CEO Bob Iger said that the company was open to selling some of its television assets as consumers continue to cut the cord and head to streaming networks.
Almost every ABC O&O is the number 1 station in their respective markets.
Allen Media and Nexstar have almost no markets in which their stations are No. 1 in the market.
You must wonder if either company bought the ABC stations, how long it would take for those stations to lose their leading rankings.
Just saying…