Tom Carter, a longtime former Nexstar exec who is now a senior advisor to the CEO and board of directors, says the company could acquire Disney’s local ABC TV stations with “little fric…
'Dancing With The Stars' Reveals Season 32 Cast; Includes Mira Sorvino, Alyson Hannigan, Jason Mraz & Barry Williams
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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