What if The Walt Disney Company merged with Capital Cities/ABC in 1993?

In 1995, Disney announced a $19 billion merger of equals with Capital Cities/ABC Inc., which at the time was the second largest corporate takeover. Through the deal, Disney would obtain broadcast network ABC, an 80% majority stake in sports network ESPN and ESPN 2, 50% in Lifetime Television, a majority stake of DIC Entertainment, and a 37.5% minority stake in A&E Television Networks. Following the deal, in November 1995, ABC Radio Networks and Children's Broadcast Corp. reached an agreement for ABC Radio to provide marketing and sales to Radio AAHS. After Disney's acquisition of CC/ABC, Disney had ABC Radio cancel the agreement in August 1996 plus announced the start of its own children's network and ended AAHS's Disney World broadcasting rights. On November 18, 1996, the company started a radio program focused for youth on ABC Radio Network called Radio Disney.

But what if The Walt Disney Company merged with Capital Cities/ABC to form Disney–ABC Enterprises on June 30, 1993.

This theory is interconnected to What if DreamWorks Pictures was founded in 1980 as The Geffen Film Company?

List of Changes

 * It will be known as Disney–ABC Enterprises.
 * It will be known for pre-launch as Disney–Capital Cities/ABC and Disney/ABC Inc.
 * The Walt Disney Studios (Burbank) would renamed as Disney–ABC Studios.
 * Buena Vista Motion Pictures Group would change it's name to Disney–ABC Motion Pictures Group.
 * Buena Vista Pictures Distribution, Inc. would renamed as Disney–ABC Releasing Corporation.
 * Buena Vista International would renamed as Disney–ABC International.
 * Buena Vista Home Entertainment, Inc. would renamed as Disney–ABC Home Entertainment Group.
 * Buena Vista Music Group would renamed as Disney–ABC Music Group.
 * ABC Group (later renamed as Disney–ABC Television Group) would became a division of Disney–ABC Enterprises.
 * Walt Disney Television would became a division of Disney–ABC Television Group.
 * Buena Vista Television would renamed as Disney–ABC Television Entertainment.
 * Buena Vista International Television would renamed as Disney–ABC International Television.
 * Disney–ABC Enterprises would buy Pixar Animation Studios from Steve Jobs in 1996.
 * Circle Seven Animation would never existed.
 * Hulu would've never existed, thus Disney+ would launch as a streaming service in 2007 instead of 2019.