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http://www.bbc.com/news/business-42370822
Quote:
Mr Purvis says, ABC News is safe because it makes money.
"The way that networks look at their news programmes is that they look at the cost compared with advertising revenues within those programmes," he says.
"By that measure, ABC News is profitable. Good Morning America is the leading breakfast programme in the US. There's no way Disney would shut that down."
Sky News, of course, does not enjoy that kind of status. But Mr Purvis says Disney would have to balance that against other factors, including the "political kudos" that owning Sky News would give it in the UK.
"We don't know the outcome of that kind of consideration," he says
"The way that networks look at their news programmes is that they look at the cost compared with advertising revenues within those programmes," he says.
"By that measure, ABC News is profitable. Good Morning America is the leading breakfast programme in the US. There's no way Disney would shut that down."
Sky News, of course, does not enjoy that kind of status. But Mr Purvis says Disney would have to balance that against other factors, including the "political kudos" that owning Sky News would give it in the UK.
"We don't know the outcome of that kind of consideration," he says