Disney Explores Possible Sale of ABC, Raising Questions for ABC News Anchors
  • 7 months ago
Disney has held exploratory talks with Nexstar Media about possibly selling off ABC, though Disney said it's not selling ABC "at this time." A sale of ABC could have major ramifications for ABC News and its high-paid anchors. Without Disney's deep pockets, a new owner may not be willing to pay the anchors' eight-figure salaries. George Stephanopoulos’ political connections from his time in Bill Clinton's administration are seen as important by some, but others question if he's worth his reported $15M/year salary. The future of ABC News is uncertain as TV news becomes less profitable, and a new owner may choose to cut costs significantly.
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