Subscribe
Media

Byron Allen bids $10 billion for ABC, other Disney networks

Byron Allen has spent more than $1.3 billion in recent years to acquire assets such as the Weather Channel and a string of local stations from Honolulu to Tucson. (Bloomberg)
September 15, 2023 01:37 PM

Walt Disney Co. has now fielded at least one offer for its ABC TV network, local stations and some cable channels, and more may come as the company seeks to shed what it considers non-core assets and focus on streaming.

Featured Stories

Agencies
Madwell’s demise is a wake-up call for marketers
Agencies

Lessons from the closure, including how to assess an agency’s finances.

EL
By:
Ewan Larkin
LR
By:
Lindsay Rittenhouse
Madwell’s demise is a wake-up call for marketers
Google
How Google plans to measure ad campaigns on iPhones
Google
GS
By:
Garett Sloane
How Google plans to measure ad campaigns on iPhones
Possible Conference
Possible 2025 takeaways for marketers
Possible Conference
PH
By:
Parker Herren
GF
By:
Gillian Follett
Possible 2025 takeaways for marketers
Brand Marketing
How brands can get a Met Gala boost, despite this year’s tough economic backdrop
Brand Marketing
AP
By:
Adrianne Pasquarelli
How brands can get a Met Gala boost, despite this year’s tough economic backdrop

Latest News

DOJ urges judge to force Google to divest ad tech tools
Marketing winners and losers of the week
US ad employment fell in April for the fifth straight month
Agency news you need to know this week
Staying current is easy with newsletters delivered straight to your inbox.

See More in Media

How Revolt is changing its business model, and what it means for its upfront strategy
Why Liquid Death’s chief media officer pays special attention to the upper funnel
Warner Bros. Discovery restructures ad sales division under new ad chiefs
Why Netflix’s WWE ‘Raw’ has advertisers divided—and what media buyers are looking for in brand deals
Staying current is easy with newsletters delivered straight to your inbox.