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Tag: Nexstar

NEW YORK - FEBRUARY 24: The ABC logo is viewed outside of ABC headquarters February 24, 2010 in New York, New York. ABC has announced that the television news division plans to cut 20-25 percent of its workforce, or between 300-400 people, through buyouts or layoffs. The news division plans to use more contractors and freelancers to make up for the loss of fulltime employees. (Photo by Spencer Platt/Getty Images)

Disney Holds Initial Talks On Sale Of ABC To Nexstar, Mogul Byron Allen Makes $10B Bid

Media Entrepreneur Byron Allen has made a $10 billion bid to buy ABC television network from Disney, including FX and National Geographic cable channels, a spokesperson for Allen said on Friday.

Read More Disney Holds Initial Talks On Sale Of ABC To Nexstar, Mogul Byron Allen Makes $10B Bid
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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