This Is How Much Disney Actually Makes (or Doesn't Make) From ESPN+
The decision was cheered by investors, even if it was overshadowed by encouraging numbers for its newly released feature film Black Widow. Walt Disney (NYSE: DIS) is upping the monthly cost of sports streaming service ESPN+ by a buck, suggesting demand is firm enough to support such a price hike. Some onlookers even believe part of Monday's bullishness was actually in response to the price increase.
If you're thinking it's a move that's going to actually matter anytime soon, however, think again. While ESPN may be the king of cable television fees, the ESPN+ streaming app doesn't even move the company's revenue needle.
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Source Fool.com
