bob iger
Bob Iger's plan to slim down Disney appears to be in motion with talks to sell ABC to Nexstar reportedly taking place.
  • Disney is in talks to sell ABC to Nexstar, Bloomberg first reported. 
  • The move is the latest in Bob Iger's plan to slim down the House of Mouse and focus on streaming.
  • But even if he manages to sell the diminishing asset, challenges remain for the CEO.

September 15, 2023: This story has been updated to reflect Byron Allen's offer to purchase ABC.

Bob Iger continues to shake things up at the House of Mouse, and his next move could be selling the company's flagship broadcast network ABC, all but spelling out the end of the broadcast era as we know it.