Should Disney Drop Broadcasting ABC To Avoid Government Meddling?
1. Needham proposes Disney stop broadcasting, shift content to streaming services. 2. Shutting down ABC could write off $1.7B to $2.7B in spectrum value. 3. ABC's viewership averages only 2.4 million in prime time ratings. 4. Proposal could add 10% value to Disney shareholders by enhancing streaming valuation. 5. Generative AI is changing the media landscape, making regulatory burdens more costly.