Byron Allen Says Buying ABC Would Be a ‘Real Possibility,’ Vows to ‘Chase It Down’ When Disney Is Ready
13.10.2023 - 00:53
/ variety.com
Jaden Thompson After making it known in September that he’s interested in acquiring ABC from Disney for a price tag of $10 billion, Byron Allen assures Variety he still has his eyes set on ABC and promises he’s ready play ball when Disney is ready to sell. “I think ABC’s a real possibility. They say they’re not ready,” Allen said at the UCLA Department of Neurosurgery’s Visionary Ball on Wednesday night.
“When they’re ready I’m going to chase it down like a lion chases down a gazelle.” Allen’s original bid was targeted at ABC, eight local TV stations and Disney-owned cable networks FX and National Geographic Channel. But, he’s since considered downsizing the ask. “The one thing that needs to be in the shopping cart to keep my interest is ABC and the ABC owned-and-operated stations — and I wouldn’t mind if they threw in ‘Kelly and Mark’ and ‘Tamron Hall,'” Allen told Variety.
The entertainment mogul’s longtime friend, Jeffrey Katzenberg, was also in attendance as he presented Allen with UCLA’s Visionary Award. In his acceptance speech, Allen thanked many of his peers in the entertainment industry as well as his family, calling his mother his “very first blessing.” “When we first got here, we slept on a lot of floors and we slept on a lot of sofas. We slept in a lot of spare bedrooms for several years,” he shared.
“Over time, we were able to get our own place, and this amazing organization, UCLA — this unbelievable institution — opened the doors. They let my mother become a student in 1971 and that changed the game…So I want to thank UCLA for changing our lives for the better.” Allen continued to express gratitude for his mother. When she convinced NBC to start an internship program for her, Allen was exposed to the world
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