ABC Capitalizes On Retro Trend, Brings Back 'Roseanne,' 'American Idol'


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


The retro trend is in full gear, from fashion to entertainment, and Walt Disney Co (NYSE:DIS)'s ABC is preparing itself to capitalize on the fad.

After the recent announcement that ABC was reviving "American Idol," ABC followed up with the renewal of another nostalgic hit, "Roseanne."

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Over two decades later, "Roseanne" will return to ABC with the original cast on board for an eight-episode season according to a report from CNN. The reboot will air sometime in 2018.

Revitalizing 'Roseanne'

The original run featuring the working-class Connor family from fictional Lanford, Illinois, lasted for nine seasons — from 1988 to 1997.

"The Conners' joys and struggles are as relevant — and hilarious — today as they were then, and there's really no one better to comment on our modern America than Roseanne," said ABC Entertainment president Channing Dungey in a press release.

"It is planned for the midseason. We're still at the early stages." According to ABC's press release, the new "Roseanne" series will find the Connors continuing to deal with "the economic challenges of living pay check to pay check in 2018."

It will be interesting to see how the newest season will incorporate the father Dan, played by John Goodman, who suffered a heart attack in the eighth season and was killed off the show.

Related Links:

New Disney Film May Be In The Hands Of WannaCry Hackers

Winners From Amazon's 2017 Summer Toy List______________Image Credit: By Stand-Up Sucks, LLC [GFDL (http://www.gnu.org/copyleft/fdl.html) or CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: NewsEventsTechMediaGeneralABCChinng DungeydisneyJohn GoodmanRoseanne