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Fortune Magazine: It's time for Disney to cut ABC loose

Scotty
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It's time for Disney to cut ABC loose

FORTUNE -- Is it time for Disney to finally banish ABC from the Magic Kingdom? The media conglomerate's broadcast division was yet again the only real bruise in what would have been a relatively blemish-free quarter. ABC's anemic growth rate, coupled with its earnings cyclicality, has been a drag on Disney's stock for years, and its future doesn't look positive given the way people consume media in the 21st century.

Read more: http://tech.fortune.cnn.com/2012/02/08/disney-abc-univision/

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