Disney’s ABC Stations Could Be Bought By Nexstar With “Little Friction” If They Are Sold Off, Company Advisor Tom Carter Says; Hails “Progress” In Lengthy DirecTV Carriage Dispute

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Asked about investigations by Paramount Global and Disney of strategic options for their linear TV assets, Carter focused on the latter. “Disney had talked about it this way: ‘Let’s morph into a GrowthCo and a SustainableCo,'” he said, referring to the media company’s outlook during Iger’s second stint as CEO. “The only issue is, the SustainCo is funding the GrowthCo, and if you sell one, you’ve lost access to that cash flow.

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