All articles tagged with #tv network
Originally Published 6 months ago — by Gizmodo
Dr. Phil's anti-woke TV network, Merit Street Media, filed for bankruptcy after a year, citing mismanagement and sabotage by partner TBN, which allegedly withheld distribution payments and provided subpar production services, leading to significant financial losses and staff layoffs.
Originally Published 2 years ago — by Reuters
Walt Disney Co has reportedly engaged in preliminary discussions with regional TV station operator Nexstar Media Group regarding the potential sale of its U.S. TV network ABC. Disney's CEO had previously expressed openness to selling some of its traditional TV assets due to the challenges posed by streaming services. However, the talks are still in the early stages and may not result in a deal. Disney has not made a final decision on divesting ABC or any other property. Nexstar, which owns or partners with 200 stations in 116 markets, has not yet commented on the matter.