User blog:Cbcarter34/Disney-ABC buys half of MyTV, announces MAJOR shakeup

The media world was shoke today as the Disney-ABC Television Group bought out Lady Luck Enterprises and now owns 50% of MyTV. Following the move, Kevin Malone agreed to resign was CEO of MyTV, but he will remain in the company. Disney-ABC then named former ABC Daytime head Brian Frons as the new CEO of MyTV.

"First of all, today is a new day for MyTV. I want to commend Kevin Malone for his hard work in making MyTV the best that it could be. I also would like to thank (Lady Luck Enterprises) Dean Valentine for his faith in Disney-ABC on turning around MyTV. We spoke with Adelphia Communications, and they agreed that they would be the silent partner. This is a new day, and I believe that starting in the summer, everyone will want to 'Be There" when MyTV Summer starts, and then they would really want to 'Be There' in September," newly-named CEO Brian Frons said.

"I have no hard feelings with Lady Luck Enterprises, Adelphia Communications, or Disney-ABC. Even though my time was brief, we managed to turn MyTV around from being at the bottom of the barrel to in the middle of the race. Now it's time for someone else to take MyTV further than it has ever gone," outgoing CEO Kevin Malone said.

Already, Disney-ABC is making sweeping changes to MyTV. Disney-ABC announced that The IT Crowd, Absolutely Fabulous, Rev. threesome, Misfits, Fresh Meat, Space: 1999 and Blake's 7 will be back for the fall, while the rest of the programming's fate remains to be decided.

Also announced, Disney-ABC will help out with MyTV's launching of MyTV Sports, giving MyTV broadcasting rights to the FCS College Football, NBA Development (will be Gatorade in the fall) League, and College Basketball (through ESPN).

Even though Lady Luck Enterprises is no longer a partner in MyTV, Lady Luck Productions will continue to produce all programming for MyTV.