ABC News staffers are in complete panic after rumors are swirling Disney is set to sell the network.
On Thursday, ABC News employees were freaking out after Disney executives reportedly had exclusive talks with Nexstar Media Group about the future of ABC News.
One ABC employee told CNN’s Oliver Darcy that “Everyone is freaking the f–k out.”
Another employee shared “It’s all anyone at work is talking about.”
— New York Post (@nypost) September 15, 2023
The ABC News’ers suggested that they are frustrated that they remain in the dark about the future of their company. Instead of hearing directly from Disney leadership, they’re instead reading in the press about what the company could potentially do. https://t.co/rwlTNz00vR
— Yahoo News (@YahooNews) September 15, 2023
Here’s what the New York Post reported:
ABC News staffers were “freaking out” over a fresh round of rumors that Disney will sell the network — even as the parent company called the reports “unfounded.”
Employees were jolted Thursday by reports that Disney has held “exploratory talks” with local TV station giant Nexstar Media Group to sell ABC, according to CNN.
“Everyone is freaking the f–k out,” one ABC News staffer told CNN’s Oliver Darcy about the state of affairs inside the network, which is home to “20/20,” “The View” and “Good Morning America.”
“It’s all anyone at work is talking about,” another employee added.
While fears swirled of what a merger might bring — cost-cutting, a leadership upheaval, or perhaps a change in editorial direction — Disney slammed the report late Thursday.
“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,” a spokesperson said.
You love to see it! https://t.co/bBI1ucsSER
— Breitbart News (@BreitbartNews) September 15, 2023
Allen Media Group owner Byron Allen has made a $10 billion offer to Walt Disney to buy the ABC TV network, local stations, as well as the ancillary FX and National Geographic cable channels, a host of reports detailed Friday.
The bid, confirmed by Allen’s representative to CBS MoneyWatch, would include the entertainment giant’s ABC’s national TV network as well as several regional stations.
The offer is “preliminary” and “could change” at any time, a source with knowledge of the matter told Bloomberg.
CNN reports a half-dozen people inside and around ABC News contacted by the outlet on Thursday evening made clear a feeling of dread and trepidation is engulfing staffers as they face the prospect of being sold