Nexstar already owns 200 stations in 116 markets, including KTLA in Los Angeles and WGN in Chicago. Citing anonymous sources, Bloomberg said talks had not yet addressed a valuation for ABC. Nexstar closed its deal to buy the CW network in October 2022. has made no decision with respect to the divestiture of ABC or any other property and any report to that effect is unfounded,” a Disney spokesperson said in an emailed statement.īloomberg reported earlier Thursday that Disney had held preliminary talks to sell ABC to Nexstar, which is the largest local television operator in the U.S. “While we are open to considering a variety of strategic options for our linear businesses, at this time the Walt Disney Co. Potential buyers could also include additional media operators and private equity firms, the knowledgeable people said.īut Disney on Thursday said that it had not yet decided to sell ABC and that speculation to that effect was premature. Iger has signaled interest in seeking a minority strategic partner for sports cable giant ESPN. has received preliminary interest from potential buyers for its ABC television network and owned TV stations, including from local station operator Nexstar Media Group, according to people familiar with the matter who were not authorized to comment.ĭisney Chief Executive Bob Iger has suggested the Burbank entertainment giant is open to exploring deals to spin or sell off its linear television assets, including ABC, as the company focuses its business around streaming, theme parks and studios.
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