Media mogul Byron Allen offers Disney $10 billion for ABC

Media mogul Byron Allen has offered $10 billion to the Walt Disney Co. to purchase its ABC television network, in addition to the cable networks FX and National Geographic. The bid, which Allen’s representative confirmed to CBS MoneyWatch, would include ABC’s national TV network as well as several regional stations. The offer is “preliminary” and … Read more

Disney, Charter Communications end carriage dispute, report says

Disney and Charter Communications have ended a carriage dispute, with both companies signing a multiyear content distribution deal that immediately restores access to ESPN and other premium channels for almost 15 million Spectrum cable customers.  Disney channels went dark for Spectrum customers on September 1 after the media giant and Charter, Spectrum’s parent company, failed … Read more