This chapter explores Disney's plan to sell ABC to Nexstar and its potential impact on the future of Disney's content, focusing on streaming services like Disney Plus and Hulu, and the decline of linear programming. The discussion also includes the mention of Disney's debt and the possibility of needing to go back to the market.
Anjee Solanki, National Director of U.S. Retail at Colliers, shares her thoughts on US retail sales that showed signs of slowing in August as consumers limited their discretionary spending amid higher gasoline prices. Bloomberg News Entertainment Reporter Chris Palmeri and Bloomberg Wall Street Week Host David Westin break the news that Disney is considering selling ABC to Nexstar. Jim Chanos, Founder and President of Chanos & Company, discusses his investment outlook and thoughts on China. Paula Vissing, President of Global Retail at Little Caesars, talks about the business of being the official pizza sponsor of the NFL. And we Drive to the Close with George Schultze, Founder and CEO of Schultze Asset Management.
Hosts: Tim Stenovec and Simone Foxman. Producer: Paul Brennan.
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