Musk would have a difficult time purchasing and changing ABC, despite his audacious plan. First, the purchase process may be hampered by regulatory obstacles. Given the possible effects on media plurality and competition
, the Federal Communications Commission (FCC) and other regulatory agencies would carefully examine such a well-publicized acquisition. Second, Musk could face difficulties because of his inexperience in the media sector.
Even though he has been effective in upending a number of sectors, media stands out for its dependence on audience involvement, narrative, and content production.
Musk lacks demonstrated experience in managing the intricate cultural and sociological factors necessary to build a successful media empire. The issue of financial viability comes last.
Musk is among the wealthiest people on the planet, but it would take a lot of money and careful planning to finance the purchase and subsequent transformation of a large network like ABC.
Elon Musk’s unwavering ambition and desire to try new things are seen by his contemplation of purchasing ABC and his plan to discontinue “woke The View.”
