Is ESPN losing money?

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Oct 15, 2021
12:43:09pm

darkcoug Underperforming

Is ESPN losing money?

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darkcoug

Bio page: darkcoug
Joined: Jan 31, 2005
Last login: May 23, 2024
Total posts: 49,252 (299 FO)

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Messages

Author

Time

Disney CEO queried about spinning off ESPN

HuskerFan2 Professional Calvinball Player

10/15/21 12:10pm

RE: Disney CEO queried about spinning off ESPN

Mississippi

10/15/21 12:12pm

Just a rumor popping up in the markets. It seems to be driving a bump for Disney stock.

HuskerFan2

10/15/21 12:17pm

Is ESPN losing money?

darkcoug

10/15/21 12:43pm

I doubt it, but they've made some pretty big cutbacks to try and maintain their profit margins.

HuskerFan2

10/15/21 1:16pm

That would be a positive step

HiLife

10/15/21 12:12pm

Would they though? I’m not so sure.

10/15/21 12:15pm

They would no longer be under Disney's protection.

HiLife

10/15/21 12:17pm

Might be the best thing ever to happen to ESPN...would be good for humans...

Refugee

10/15/21 12:13pm

ESPN printed money for them for years, but not as much now. If they sell off, now is the time.

10/15/21 12:14pm

Disney is all in on streaming. ESPN still makes most of its money off the cable

hansel

10/15/21 12:18pm

While true to some degree

JoeExotic

10/15/21 12:23pm

Disney+ 116 million subscribers. ESPN+ 15 million.

10/15/21 1:15pm

I love posts that are short, sweet, and get to the point. I ain't got time for context & expounding.

Tokolosh

10/15/21 12:19pm

Disney responded to CNBC. “Not true, ESPN part of larger sports gambling plan.”

FrontLineFan

10/15/21 12:31pm

Just another day in the markets

HuskerFan2

10/15/21 12:42pm

That’s what a seller says when they want as high a price as possible

hansel

10/15/21 1:37pm

It's more likely that they spin off the parks and resorts business.

shoganai

10/15/21 12:46pm

I highly doubt this would happen while of course COVID caused huge problems, pre covid, parks was a juggernaut. There

vegasnative

10/15/21 1:34pm

It probably won't be Chapek that does it. It'd be his successor.

shoganai

10/15/21 1:36pm

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