Byron Allen Makes $10B Bid for ABC, Other Disney Networks

Byron Allen has made a preliminary $10 bid for the ABC network, including FX, National Geographic, and local TV stations. His offer is based on the assumption of $1.25 billion in EBITDA, with plans to adjust the price if needed. Allen aims to finance the acquisition with banks and private equity, potentially selling conflicting local stations. Known for acquiring The Weather Channel and other media assets, Allen's media company carries significant debt. Disney is considering selling ABC, with interest from other media groups. The media landscape may shift with these developments.

What is Byron Allen's bid amount for the ABC network?

• $5 billion

• $20 billion

• $10 billion

• $15 billion

On what financial metric is Byron Allen basing his offer?

• Gross Revenue

• EBITDA

• Net Worth

• Net Profit

What might Byron Allen do if there is a conflict with local TV stations he already owns?

• Merge them with ABC

• Sell them

• Rebrand them

• Close them

Which major acquisition did Byron Allen make in recent years?

• Netflix

• The Weather Channel

• CNN

• HBO

What is Disney considering for the ABC network?

• Selling it

• Rebranding it

• Expanding it

• Merging it with another network