Earlier this year, it was rumored that Kevin Mayer and Tom Staggs had been brought back into the fold of Disney to act as advisors to CEO Bob Iger. Byron Allen, who is hoping to buy ABC and other Disney-owned channels, has confirmed the pair are advising Iger on his sale options. In July, Disney … Read more
Byron Allen has spoken up about his $10 billion offer to buy ABC, FX, National Geographic, and local stations from Disney, saying “capital’s not an issue,” but Bob Iger is “not ready” for a sale. In an interview with David Faber on MSNBC’s “Squawk Box” back in July, Disney CEO Bob Iger agreed with Faber … Read more
CEO of Entertainment Studios Byron Allen has offered The Walt Disney Company $10 billion to purchase ABC, FX, National Geographic, and local stations, Bloomberg reports. Bloomberg’s source, “a person familiar with this proposal,” says it is a preliminary offer that could change. Allen based the offer on the assumption that the channels generated $1.25 billion … Read more