Disney+ is making some big changes.
14.09.2023 - 23:11 / variety.com
BreAnna Bell Disney has responded to reports claiming the company is in early talks to sell its ABC network and TV stations, saying the company “has made no decision” on it yet. “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,” the statement reads.
Conversations regarding the potential sale have been swirling since the summer after CEO Bob Iger revealed the company’s intention to be “open-minded and objective” about the future of Disney’s linear TV holdings, which include broadcast network ABC as well as FX, Disney Channel, Nat Geo and Freeform, among others. Nexstar moved to the top of the bidders list when earlier this week, Tom Carter, a former Nexstar executive who now serves as senior advisor to CEO Perry Sook and the board of directors, told a crowd at the BofA Securities Media, Communications and Entertainment Conference that the company could buy Disney’s stations with “little friction” and hinted at a potential opportunity to do so “depending on how things fall out.” Bloomberg reported that Byron Allen is also among those interested in a sale.
The media mogul’s Allen Media Group has already invested over $1 billion in the last three years to acquire 27 NBC, ABC, CBS and Fox affiliates. He also purchased the Black News Channel for $11 million.
Disney+ is making some big changes.
Todd Spangler NY Digital Editor If you’re piggybacking on someone else’s Disney+ account, you may soon have to pay up to access the streamer. The Mouse House has notified Disney+ subscribers in Canada that as of Nov. 1, “Unless otherwise permitted by your service tier, you may not share your subscription outside of your household.” The notification also informs customers that if the company has determined that a Disney+ subscriber has violated those terms, “we may limit or terminate access to the service and/or take any other steps as permitted by this agreement.” The language suggests that Disney+ will be offering a new option (or options) for account-sharing outside a primary user’s household.
Ron DeSantis was in Anaheim on Friday speaking at the California Republican Party Fall Convention. However, a new filing in federal court this week reveals that if it were up to the Florida governor, he’d get as far away from Disney as he can — on both coasts.
Another GB News presenter says he has been suspended.
Andrew Wallenstein President and Chief Media Analyst Allen Media Group CEO/founder/chairman Byron Allen reaffirmed his interest Wednesday in bidding $10 billion for TV brands from Disney, citing his experience with similar assets in his own portfolio. “I think broadcast television and linear channels, I think is a great business,” he said in a Q&A at the Code conference in Laguna Niguel, Calif.
Days of Our Lives” has its ups and downs just like any other soap opera. There are times of intense drama that keep fans on the edge of their seats. Murder mysteries, crime sprees, relationship issues, medical emergencies, and more have plagued the town of Salem for decades.
Media entrepreneur Byron Allen, one of many parties interested in acquiring ABC and other linear TV assets from Disney, said he has “access to plenty of capital,” and Disney’s internal deliberations are the next hurdle to be cleared.
EXCLUSIVE: The roller coaster ride of the Writers Guild and the Hollywood studios trying to seal a deal to end the writers’ nearly 5-month-long strike isn’t over yet.
The Writers Guild brass and studios CEOs were working tonight to close a deal to end the scribes’ strike , but it seems they aren’t quite there yet.
EXCLUSIVE: A second day of direct negotiations between the Writers Guild and studio CEOs has concluded this evening.
Disney has huge plans to expand their theme parks, according to a report from The Hollywood Reporter.
Todd Spangler NY Digital Editor Disney is planning to super-size its theme parks and cruise lines business. The Walt Disney Co.
Disney shares pulled back 2% in early trading after the media giant unveiled a comprehensive plan to double its investment in theme parks to $60 billion over the next 10 years.
Brian Steinberg Senior TV Editor People have been able to hear Gia Peppers talk about big issues for years. Now they’ll be able to see her when she does. Peppers issues-focused podcast “More Than That with Gia Peppers” is expanding to video this year, with a four-episode limited run on the Revolt cable network that debuts Tuesday evening.
The Metropolitian Police has said it received a “report of sexual assault” against Russell Brand over the weekend following allegations published in The Times, Sunday Times and Channel 4.
Elizabeth Wagmeister Chief Correspondent “The Jennifer Hudson Show” has pushed back its previously-planned premiere date and paused production amid backlash during the writers strike, Variety has learned. Jennifer Hudson’s talk show was supposed to premiere its new season on Monday, Sept. 18.
Drake has pushed back the release of his upcoming new album, ‘For All The Dogs’.After months of teasing, Drake confirmed recently that the new album was due to land on September 22. Meanwhile, in August, he revealed its cover art, which was drawn by his son Adonis.Now, writing on social media, Drake revealed that he had a “dilemma” about either postponing his live shows to “finish the album” or pushing back the album.Posting on Instagram Stories, Drake wrote: “Okay my dilemma I am faced with is I either cancel shows to finish the album or I complete the mission and drop the album before the last show.“I owe you all these memories we are building and anywhere we have missed to date we will be spinning back for sure.”He went on to say “it’s only right” the new album will now release on October 6 to allow him time to finish the shows and the album.Drake announces he is pushing back the release of his album, ‘For All The Dogs,’ to October 6th.
Disney is pushing back on reports that the company is talking with Nexstar Media Group about a potential sale of ABC and its eight local ABC stations.
Tom Carter, a longtime former Nexstar exec who is now a senior advisor to the CEO and board of directors, says the company could acquire Disney’s local ABC TV stations with “little friction” if they become available.
EXCLUSIVE: Fran Drescher is less concerned with meeting of several showrunners with WGA leadership this week and more concerned with studios and streamers getting back to the bargaining table to make a fair deal.