ABC Media

Circle 7 Media, Inc., is a proposed broadcast and cable television and production/distribution company announced in 2020, focusing on television production and interactive new media, headquartered in New York City. It will be formed following the divestiture of Disney Media Networks from The Walt Disney Company, which includes ABC, ESPN, and Disney Channel. It will be publicly traded on the New York Stock Exchange under the ticker symbol, CRCL.

Name and logo
The name and logo come from the Circle 7 logo originally designed in the early 1960s for ABC's five owned-and-operated stations, and will be applied to prepare for the split from Disney. The new company chose this name and logo because it reflects the heritage of the ABC brand in particular. The Circle 7 name was also used for a now-defunct division of Walt Disney Animation Studios specifically designed to create direct-to-video sequels to the Pixar films.

History
Two primary reasons The Walt Disney Company chose to spin off its television and media networks business was to reposition itself to focus on film production, publishing/consumer products, and theme park operations using four core brands, Disney, Pixar, Marvel and Lucasfilm. ABC, ESPN, and Disney Channel bring brand familiarity to the new company. The Disney name, used on Disney Channel, Disney Junior, and Disney XD, is used under license from its former parent.

The newly spun-off company is lead by Ben Sherwood, who was brought in by Disney to succeed Anne Sweeney in leading the media networks division in 2014, and was tasked to oversee its transition from an arm of Disney into an independent corporation.