Touchstone TV merges with ABC
Created 07/13/1999 - 23:00
Walt Disney-owned companies Touchstone Television Productions and ABC
Television Group are merging to form ABC Entertainment Television Group.
According to ABC Television Group president Pat Fili-Krushel, "The goal in
consolidation is to produce creative results that result in more Disney
product on ABC and also allow us to achieve economies of scale." In other
words, this consolidation will likely result in more Disney-produced
television programming appearing on ABC (Touchstone currently has only two
shows debuting this fall, and only one of those for ABC), but some people
will lose their jobs as redundant positions are eliminated. Sources say
this consolidation is part of a major restructuring currently underway at
Disney that will be announced and become more evident in the near future.