Debunking the Myth: Disney's ABC Sale and "The View" Cancellation Rumors
False claims about Disney selling ABC and canceling "The View" originated from a satirical website. Disney's CEO confirmed ABC is not for sale, debunking the widespread misinformation.
Recent social media posts have circulated a misleading headline claiming Disney is selling the ABC network for $20 billion to a new owner who intends to cancel "The View" talk show. This information, however, is entirely false and stems from a satirical source.
The claim originated from a September 17, 2023, article on SpaceXMania, a website that explicitly labels its content as fake news and satire. Despite this clear disclaimer, the story spread across various social media platforms, misleading many users.
Bob Iger, Disney's Chief Executive Officer, addressed these rumors directly on November 29, 2023, stating unequivocally that the ABC broadcast network was not for sale. This statement, made nearly 11 months ago, remains valid as of today, August 21, 2024.
It's worth noting that Disney acquired ABC in 1996 for $19 billion, making it one of the largest media mergers at the time. Since then, ABC has remained a crucial part of Disney's media empire, which also includes ESPN, Hulu, and Marvel Entertainment.
"The View," a popular daytime talk show on ABC, has been a staple of the network's programming since its premiere on August 11, 1997. Created by broadcast journalist Barbara Walters, the show has featured over 20 permanent co-hosts throughout its run and has won multiple Daytime Emmy Awards.
ABC, originally called NBC Blue Network, was founded in 1943 and has a rich history in American broadcasting. It became the first commercial television network to broadcast in color and currently broadcasts through over 200 affiliated television stations across the United States.
The spread of misinformation about Disney, ABC, and "The View" highlights the importance of fact-checking and verifying sources. The Reuters Fact Check team, which produced this article, continues to work diligently to combat the spread of false information.
As media consumers, it's crucial to approach sensational headlines with skepticism, especially when they originate from unfamiliar or satirical sources. In this case, the facts are clear: Disney is not selling ABC, and "The View" is not being canceled by a new owner.
