Disney ABC-TV Expansion

[Goofus]

From The Signal:

Disney-ABC Television Group today proposed a 56-acre production facility - including a dozen soundstages - on property it has long owned in the Santa Clarita Valley, predicting $533 million economic boost to the region.

The Disney | ABC Studios at the Ranch, planned for the western edge of Disney's Golden Oak Ranch, would create about 2,854 full- and part-time jobs, with about 1,000 of them on-site, Disney-ABC officials said.

The company filed paperwork seeking approval from Los Angeles County today. Disney-ABC officials said it is too early to project a completion date for the project

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Re: Disney ABC-TV Expansion

From The Signal:

Disney-ABC Television Group today proposed a 56-acre production facility - including a dozen soundstages - on property it has long owned in the Santa Clarita Valley, predicting $533 million economic boost to the region.

The Disney | ABC Studios at the Ranch, planned for the western edge of Disney's Golden Oak Ranch, would create about 2,854 full- and part-time jobs, with about 1,000 of them on-site, Disney-ABC officials said.

The company filed paperwork seeking approval from Los Angeles County today. Disney-ABC officials said it is too early to project a completion date for the project

If the new facility is for Disney movie production, then it may be beneficial. However, if it's intended for ABC, then it's probably a poor move. Network television has been losing ground for the past 15 years or so and will probably continue to drop. Disney should actually look to sell off ABC while they might still be able to get a relatively good price. If they wait too long, it'll become a financial deadweight.