NEW YORK — Walt Disney Co. and Jacor Communications Inc. are the subjects of speculation of another merger in the rapidly consolidating radio station business, Barron’s reported in today’s edition.
Barron’s did not cite the sources of speculation.
Walt Disney chairman Michael Eisner is considering an exit of the radio business by selling its ABC radio network to Jacor for as much as $2 billion, the publication reported.
On the other hand, Eisner may opt to build the ABC radio network by acquiring Jacor.
Disney and Jacor were not immediately available for comment.
With the 2018-2019 awards season barely out of the gate, Marvel Studios’ “Captain Marvel” (pictured above), set for release in March, has already staked a claim in the 2019-2020 race by racking up a couple of trophies at the California On Location Awards. Additionally, Netflix’s “Bird Box,” in limited release and streaming starting Dec. 14, [...]
Bassist Joe Osborn died of pancreatic cancer on Dec. 14 at 81. Osborn was no ordinary studio musician. From the early 1960s to the mid-1970s, Osborn was ubiquitous, playing on tunes as silly as The Monkees theme and as sublime as Simon & Garfunkel’s “Bridge Over Troubled Water.” You can see Osborn backing Ricky Nelson [...]
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Colin Kroll, co-founder of the Vine video app and the HQ Trivia game, was found dead in his Manhattan apartment early Sunday of an apparent drug overdose, Variety has confirmed. He was 34. New York Police Department officers responded at 12:18 a.m. Sunday, Dec. 16, to a call by a woman concerned about Kroll’s well-being. [...]
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WASHINGTON — President Trump went after “Saturday Night Live” and NBC on Sunday for what he said was the “real scandal of one-sided coverage.” He even suggested that the nature of their content “should be tested in courts,” in the latest of his threats to take legal action against media outlets. “A REAL scandal is [...]