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ESPN viewership is dropping. As the largest asset of Disney it drags their stock down. Most other Disney assets are printing money, but not enough to compensate
by peter303 9y ago
ESPN viewership is dropping. As the largest asset of Disney it drags their stock down. Most other Disney assets are printing money, but not enough to compensate ESPN.
https://en.m.wikipedia.org/wiki/List_of_assets_owned_by_Disney https://en.m.wikipedia.org/wiki/List_of_assets_owned_by_Disn...
- dkrich 9y agoI think this ESPN story is overblown. ESPN is itself printing money, it's just been in decline because of cord-cutting. But that's just recent history. Everyone can see that the cable tv industry is going to be replaced by streaming. When that happens, content owners like Disney will be able to sell directly to the consumer without the middleman. I actually think ESPN viewership will increase as more people are liberated to sign up for just ESPN and not NBCSN, Fox Sports Regional, and every other sports channel you're forced to pay for with cable.