Disney asset sales won't break the bank, but they will move legacy media forward

Disney has held early talks with Nexstar to sell ABC and its owned local affiliates.

Nexstar has made a preliminary offer to pay $10 billion for ABC , FX and National Geographic .

Selling assets can help the entertainment giant lower its leverage ratio.

Selling ABC would be a bold statement by Disney that it sees no future in the broadcast cable world of content distribution.

If Disney does land a deal to sell ABC , it may also function as a catalyst for other legacy media companies to sell their declining assets.

NBCUniversal, Paramount Global and Warner Bros. Discovery all have legacy broadcast and cable networks.

Disney may become the leader in pushing the industry forward.