(NEWSnet) — Disney is potentially making big moves that could shift the media landscape globally — from news to cable entertainment.

The company is reportedly mulling a sale of ABC with its affiliates and linear TV channels, including FX and National Geographic.

It may already have some buyers in the pipeline, as Bloomberg has reported that Disney held talks with Nexstar for a possible purchase. The reporting did not cite a potential price tag.

Another media mogul did— Byron Allen offered to pay $10 billion. That might also mean significant changes for local news.

If CEO Bob Iger goes with Allen, he could sell the rights to the company’s non-owned and operated local TV stations. That could mean that shows like Good Morning America and World News Tonight could lose much of their market share.

This comes only months after CEO Bob Iger laid off thousands across the entertainment giant. Disney reportedly may buy out Comcast’s minority stake in Hulu as both companies operate their own streaming services, Disney+ and Peacock.

The sale could be a major shift for consumers as it means fewer options to see some of your favorite shows.

If the deal goes through and passes through regulatory hurdles, it could take years before significant changes to content.

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