Disney and Univision in talks for English-language news channel
The Walt Disney Co.and the nation’s leading Spanish-language broadcaster are in talks to launch an English-language cable news channel, according to people familiar with the matter.
A new 24-hour channel would represent a move by both companies to enter new territory. Disney’s ABC News could compete for viewers with established around-the-clock cable news operations such as News Corp.’s Fox News, Time Warner’s CNN and Comcast Corp.’s MSNBC. Until now, ABC has shown little appetite for joining the cable news wars.
Univision Communications, which owns the nation’s fifth-largest TV network, could use the channel to reach more acculturated viewers that advertisers prefer: Latinos who predominately speak English. Univision has already announced plans to launch a cable news network, this one a Spanish-language channel, later this spring.
A Univision spokeswoman declined to comment, as did an ABC spokesman.
-- Dawn C. Chmielewski and Meg James, Los Angeles Times
Photo: Disney’s campus in Northwest Glendale currently includes the headquarters of KABC-TV and two 125,000-square-foot buildings completed on Flower Street. Credit: Times Community News