Walt Disney Prepares to Launch Its ESPN Streaming Service With 10,000 Live Events
In a shrinking cable universe, Walt Disney (NYSE: DIS) has been losing millions of dollars in carriage fees for ESPN and its other cable networks. To combat the declining subscriber base, the company is preparing a stand-alone streaming service for the sports network as well as a second offering for Disney content.
In this Industry Focus: Consumer Goods video, the cast looks at some of the challenges Disney faces before breaking down the details behind its ESPN-branded service.
A full transcript follows the video.
Source: Fool.com