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Re: ABC Radio on the block?
Given Disney's financial woes, Disneyland would be available at the right
price. Don't think for a moment that Eisner wouldn't sell the farm if it
would make a blip on the balance sheet that would (momentarily) make him
look good.
Brian Vita, President
Cinema Service & Supply, Inc.
75 Walnut St.
Peabody, MA 01960-5626 USA
(800)231-8849/Fax (800)329-2775
+1-978-538-7575/Fax +1-978-538-7550
sales@cssinc.com/www.cssinc.com
----- Original Message -----
From: "Chris Beckwith" <beckwith@ime.net>
To: <bri@bostonradio.org>
Sent: Wednesday, October 02, 2002 3:14 PM
Subject: ABC Radio on the block?
> Broadcasting & Cable quotes Disney Chairman Michael Eisner as saying the
radio
> division might be sold if someone offers the right price. But who
could/would
> take on such an acquisition in this highly-leveraged marketplace where all
(or
> nearly all) of the likely players are maxed out? Given the talk about
combining
> ABC News with CNN, would AOLTW be interested in becoming a major player in
the
> radio biz? It's shocking that radio could become a 'non-core asset' to
Eisner,
> but given Disney's financial woes I suppose anything is possible.
CapCities is
> looking pretty good in retrospect...
>
> Take care,
> Chris
>