Allen Media Group CEO on his $10 billion bid for Disney assets

Поділитися
Вставка
  • Опубліковано 30 вер 2024
  • Byron Allen, Allen Media Group CEO and chairman, joins 'Power Lunch' to discuss his $10 billion bid for some of Disney's assets and others he may be interested in. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
    » Subscribe to CNBC TV: cnb.cx/Subscri...
    » Subscribe to CNBC: cnb.cx/Subscri...
    Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
    Connect with CNBC News Online
    Get the latest news: www.cnbc.com/
    Follow CNBC on LinkedIn: cnb.cx/LinkedI...
    Follow CNBC News on Facebook: cnb.cx/LikeCNBC
    Follow CNBC News on Twitter: cnb.cx/FollowCNBC
    Follow CNBC News on Instagram: cnb.cx/Instagr...
    www.cnbc.com/s...
    #CNBC
    #CNBCTV

КОМЕНТАРІ • 66

  • @samueldavis1524
    @samueldavis1524 9 місяців тому +9

    To some- Byron Allen is considered dangerous... They're are people out there that don't want him to succeed for obvious reasons.

  • @thatsthewayitis1
    @thatsthewayitis1 Рік тому +3

    there will be a MeToo Claim against him... mark my words... they will destroy him. Gloria Allred, a jew, will be looking for ANY WOMAN that once dated him, who is willing to make a claim..

  • @marc-gomes
    @marc-gomes Рік тому +4

    For all the causals in the comment section, this isn’t a sale for “Disney” at all, Google just how many assets they actually own (hundreds; including FOX, excluding the embarrassing FoxNews assets, ESPN, HULU, etc.), but this would be an incredible, history-making deal if ABC and other prime Disney-owned assets are sold to Byron Allen (and his investors). Monumental isn’t the word. ✊🏾

  • @weirdshibainu
    @weirdshibainu Рік тому +6

    I thought 80% of Americans got their news from social websites

  • @02nupe
    @02nupe Рік тому +6

    "Its a marathon not a Sprint." word to Nipsey Hussle 🏁🏁🏁🏁

  • @HalfEatenMedia
    @HalfEatenMedia 11 місяців тому +1

    ABC was the only network that helped Walt Disney needed investment for Disneyland. They’ll be protective of ABC for that reason.

  • @alexr4208
    @alexr4208 Рік тому +3

    I really enjoyed the old Bryon Allen Show. It was on the Golf Channel from at 2 AM to 3AM.

  • @markmedley6849
    @markmedley6849 Рік тому +10

    Hopefully they will make ABC a news organization for the people and not a political party. I would love to trust what they say and be informed about what is really going on.

  • @ctwatcher
    @ctwatcher Місяць тому

    He should tell the lying media his contract is null and void due to lies. Fixed it for him.

  • @terryparish7133
    @terryparish7133 Рік тому +1

    Buy fake news why it's all fake dude !

  • @qbtc
    @qbtc Рік тому +2

    No offense to Byron Allen but I feel like I live in an alternate universe where Byron Allen has $10 billion to buy Disney.

    • @DJL0455
      @DJL0455 Рік тому +4

      $10b is a fraction of Disney assets.

    • @02nupe
      @02nupe Рік тому

      @@DJL0455 agreed and thats all he is trying to buy, ABC, National geographic, FX and some local stations...

    • @collinspaulk2023
      @collinspaulk2023 9 місяців тому +1

      He's serious! And, he has access to a lot more than 10 billion.
      👍👍👍👍👍👍👍👍👍

    • @collinspaulk2023
      @collinspaulk2023 9 місяців тому

      ​@DJL0455
      So true. I think he's sending a message to ABC/Disney, and to all other possible buyers, letting them know that 10 billion is just a "drop in the bucket" as to what hes capable of paying. And its showing that he's also willing to pay an even higher price, if necessary.
      👍👍👍👍👍👍👍👍👍

  • @lionheart93
    @lionheart93 Рік тому +2

    what r they trying to buy???

    • @20thCY
      @20thCY 9 місяців тому +1

      Disney's cable networks (excluding ESPN and the Disney-branded networks)

  • @StayingSafer2025
    @StayingSafer2025 Рік тому

    I wanna say something honestly. The ones that I don't wanna see on Disney Plus ever again are these: Star (20th Century Fox/Studios, Fox Searchlight Pictures, 20th Digital Studios, Fox Star Studios, Fox 2000 Pictures and others like FX Networks), ABC, National Geographic, Freeform, Hulu.
    Anything else?

  • @al5152001
    @al5152001 9 місяців тому

    Julia….Has that look…..Yeah right pal…🤣🤣🤣🤣🤣

  • @IamWadeHeineman
    @IamWadeHeineman Рік тому +1

    No corporation gets to own a human
    If they try, that human now owns the company

  • @joncoyne6995
    @joncoyne6995 Рік тому

    Honestly Disney is an easy fix sell abc buy all the rights until 2035 and offer espn for 9.99 and license to tencent

    • @Dakid015
      @Dakid015 11 місяців тому

      Nice, do you mind explaining how this strategy makes sense? I'm a student just learning about business

  • @stellawilkerson7579
    @stellawilkerson7579 Рік тому

    I’m

  • @illmagnetic
    @illmagnetic Рік тому +4

    Byron Allen: I dont think tech companies can buy a lemonade stand
    Elon Musk: I just bought Twitter

    • @epimaz
      @epimaz Рік тому +3

      He's talking about recent antitrust laws.

  • @DJL0455
    @DJL0455 Рік тому +1

    Byron... you bought TWC? It's horrible. I no longer watch it unless there's a hurricane in the Atlantic. The rest of the programming on the channel sucks.

    • @02nupe
      @02nupe Рік тому +3

      the world is bigger than what you watch, he just said how he grew the revenue, so somebody outside of the ppl you know tune in, in some capacity

  • @romant3200
    @romant3200 Рік тому +12

    Disney is woke
    Disney goes Broke

    • @DJL0455
      @DJL0455 Рік тому +1

      Why don't you go back to bed.

    • @illmagnetic
      @illmagnetic Рік тому +6

      Jesus was woke

    • @retrodripsupport7510
      @retrodripsupport7510 Рік тому

      Now the assets are gonna be bought for pennies by people that are even more woke. This abyss has no end.

    • @02nupe
      @02nupe Рік тому +2

      @@illmagnetic say it again for the fake "Christians" lol

    • @craigpatterson6225
      @craigpatterson6225 Рік тому

      Awwwww white fear still alive , 🤣😂🤣👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾

  • @runabath
    @runabath Рік тому +1

    How much was twitter sold for

  • @milkncookie
    @milkncookie Рік тому +4

    Go woke. Go broke.❤

  • @lilblue007
    @lilblue007 Рік тому +1

    Quite a few banks.. at these interest rates... Yea, i bet alot of banks are willing to loan you 10 billion dollars.

    • @epimaz
      @epimaz Рік тому +1

      But tbh he's smart. Odds are the recession is over in a year and then the growth cycle begins 2025

    • @02nupe
      @02nupe Рік тому

      @@epimaz bingo!! folks gotta see past now to understand the vision.

    • @jakeleisure8326
      @jakeleisure8326 Рік тому

      ​​@@epimazWhat recession?
      The econ just grew at 3% last quarter, lol

    • @epimaz
      @epimaz Рік тому

      @@jakeleisure8326 buddy yield curve is inverted asf

  • @al5152001
    @al5152001 9 місяців тому

    Where is Mr. Cos

  • @mw4507
    @mw4507 Рік тому +1

    so odd, when you groom children, parents don't like it. strange.

    • @no1no1655
      @no1no1655 Рік тому

      whaT ARE you even talking about??? or do you even know?

    • @jakeleisure8326
      @jakeleisure8326 Рік тому +1

      ​@@no1no1655He thinks Disney is grooming children because they featured 2 women kissing in the new Buzz Lightyear movie 🙄
      Meanwhile...the Catholic Church

    • @jmmitchell6560
      @jmmitchell6560 11 місяців тому

      @@jakeleisure8326when you influence children with sexual content during a movie directed at children that’s what you call grooming. Two women kissing doesn’t add anything to the story. And the Catholic Church doesn’t have the broad appeal and exposure (pardon the pun) to millions of children. Now take a lap.