ABC/CNN Merger?

[Sarangel]

According to CBSMarktewatch.com Eisner puts the chances of CNN merging with ABC at about 50%. The same article mentions the possible sale of the Angels and Disney's radio assets.

Maybe it's just me, but it is starting to sound like Eisner's having a garage sale in order to boost his eg... sorry, his profits. These sure seem like the actions of a desperate man.

Sarangel

 

[d-r]

This also says that they are willing to sell the radio division-


http://cbs.marketwatch.com/news/new...d=0&doctype=806&property=&value=&categories=&

Remember, though, that the talks with CNN are about merging news divisions, not all of abc. This has been talked about for a while; and it sort of makes sense, I think. News has got to be expensive.

DR

 

[Horace Horsecollar]

Originally posted by Sarangel
Eisner puts the chances of CNN merging with ABC at about 50%.

That's really not correct. There is no talk of CNN merging with ABC. The possibility is that CNN News and ABC News would be combined in some form. Presumably, AOL Time Warner and The Walt Disney Company could reduce their expenses while continuing to deliver news programming similar to today on their respective networks.

That's completely different than "CNN merging with ABC."

From http://www.ktul.com/showstory.hrb?f=n&s=58375&f1=bus:
<blockquote>Walt Disney Co. chairman and chief executive Michael Eisner Tuesday said reports of a possible combination of Disney's ABC News division with AOL Time Warner Inc.'s CNN News division are "very premature."

"Both ABC and CNN have had conversations about more efficient ways to deliver the news," Eisner said, adding that he wouldn't give the chance of such a deal happening more than 50-50 odds.</blockquote>

 

[EUROPA]

Heres another story...

http://nypost.com/business/58513.htm

 

[manning]

Let's hope Disney co is not thrown in with that merger!!!

 

[Bob O]

ABC/CNN will have a easy merger as both are far too the extreme left and have few viewers so its a match made in heaven!!
Rahter than merging the best course would be too just dump the whole network!!!

 

[Bob O]

ABC/CNN will have a easy merger as both are far too the extreme left and have few viewers so its a match made in heaven!!
Rahter than merging the best course would be too just dump the whole network!!!