Disney is scheduled to sell ABC for just $20 billion, marking the end of an era in the broadcasting industry.
This move has rocked the industry and sparked a number of discussions regarding the future of television, particularly the future of the venerable talk show “The View.”
The broadcasting environment is undergoing radical changes as traditional TV networks compete for viewers’ attention and the numerous streaming providers take over.
Nobody anticipated the Disney-ABC deal even at that time, let alone the astronomically low price.
Since its founding in 1943, ABC, the American Broadcasting Company, has been a household name thanks to its diverse programming, which has frequently shaped American popular culture.
Therefore, why would D’, which made history in 1995 when it acquired ABC, give up such a significant portion of its media empire?