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Oct 15, 2021
12:43
:09
pm
darkcoug
Underperforming
Is ESPN losing money?
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darkcoug
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darkcoug
Joined
Jan 31, 2005
Last login
Apr 22, 2024
Total posts
49,189 (297 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.
rivercitycoug
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.
Turnpike Lane
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.
Art Director
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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