There's a teaser after a few grafs. They ask for your email or Apple or Google creds, let you read the rest, then solicit the full $ub through the channels you gave. B
PGage, Oct 16th: > Dylan Byers ran a piece in Puck yesterday describing high level > conversations at Disney about spinning off ESPN. The linked story may be > behind a paywall, but the gist is new Mouse CEO Chapek is less > sentimentally attached to ESPN than was Iger. Wall Street thinks Disney is > undervalued ($174/share vs $633/share for Netflix), in significant part > because Disney is still anchored to legacy assets like ESPN, which while > still very profitable are on a downward glide path, instead of the > perceived ever upward trajectory of the pure streaming model like Netflix. > Also, there is a perception that live sports has not yet shown it can be > profitably transplanted to streaming. And even if it can, many of ESPN’s > biggest deals are long term, and preclude streaming on ESPN+ or DIsney+. > > ESPN, on the other hand, would be freed up to fully pursue what some > analysts are seeing as the only growth strategy in linear sports > programming, which is going all in with sports betting. We have discussed > this trend here recently, but so far ESPN has only dipped its toes in this > stream. Reportedly ESPN has been exploring licensing its name to a Sports > Book, and the eventual vision is viewers placing standard and “micro-bets” > on games from their phones while watching live. But the Disney brand does > not seem to thrive with such an active connection to betting, so as is full > exploitation of the sports betting opportunities is limited if ESPN stays > in the Mouse House. > > The report is not that this is close to happening, but has been ordered to > be more seriously studied than ever before. > > https://puck.news/could-disney-spin-off-espn/ > -- You received this message because you are subscribed to the Google Groups "TVorNotTV" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/tvornottv/7f2e992b-8cd7-48c2-8c02-f82947435fcfn%40googlegroups.com.
