Disney Open to ABC Sale Amid Shift from Network News, Though No Deal Imminent

Disney insisted it's not selling ABC "at this time" last week but admitted it's open to "strategic options" for the network. A sale could impact ABC News.

Many industry insiders say network TV news is becoming obsolete, but ABC newscasts still draw decent audiences and profits.

Anchors like Robin Roberts and George Stephanopoulos have lucrative contracts a new owner may not want to maintain.

Disney CEO Bob Iger hinted ABC "may not be core" to Disney's business, fueling sale speculation.

Bloomberg reported Disney held "exploratory talks" with Nexstar about selling ABC. Disney says it's made "no decision" on a sale yet.