ESPN General News

[MisterPenguin]

How Profitable Is ESPN? Disney Breaks Out Figures for First Time

The sports unit had revenue of $16 billion and profits of $2.9 billion in 2022 — more than Disney's entire entertainment business that year — as the company prepares a new financial reporting structure.

www.hollywoodreporter.com

This thread is just about ESPN situation, which was revealed when Disney filed with SEC new accounting procedures. For that discussion, see here:

CNBC: Disney highlights theme park strength with new financial reporting model

Disney highlights theme park strength with new financial reporting model CNBC, October 19, 2023 Disney is slightly altering how it reveals detailed financials for its theme park division. The company changed how it shares details about its merchandise, food and beverage and licensing revenue...

forums.wdwmagic.com

 

[MisterPenguin]

ESPN, FOX and Warner Bros. Discovery Forming Joint Venture to Launch Streaming Sports Service in the U.S. - The Walt Disney Company

Will Bring Together Sports Linear Networks and Direct-to-Consumer Service ESPN+ Offering to include NFL, NBA, WNBA, MLB, NHL, NASCAR, College Sports, UFC, PGA TOUR …Read More

thewaltdisneycompany.com

Disney, Fox And Warner Bros. Discovery Team On Sports Streaming Venture

Disney, Fox Sports and Warner Bros. Discovery are teaming up for a sports streaming venture.

deadline.com

Fox, ESPN, Warner Bros. Discovery Announce Landmark Joint Sports Streaming Venture - Media Play News

Fox Corp., Disney-owned ESPN and Warner Bros. Discovery have formed a sports streaming joint venture that aims to soften the effect of the rising cost of live sports programming while … Continue reading "Fox, ESPN, Warner Bros. Discovery Announce Landmark Joint Sports Streaming Venture"

www.mediaplaynews.com

Big Media Circles the Wagons On Sports to Fend Off Tech Giants — Will It Work?

Wall Street analysts break down the plan by Disney, Warner Bros. Discovery and Fox to launch a joint streaming venture that has rights to the NFL, NBA, MLB, NHL, college football and NCAA March Madness basketball.

www.hollywoodreporter.com

Fox CEO Lachlan Murdoch Sees New Sports Streaming Venture Reaching “Tens Of Millions” Of Cord-Nevers “Without Undermining The Traditional Bundle”

Fox Corp. CEO Lachlan Murdoch is certain that that the company's new sports venture with Disney and Warner Bros. Discovery will be "additive" and not threaten Fox's still-lucrative pay-TV business.

deadline.com

Fox: Tubi Saw 62% Surge in Q2 Viewing, 17% Increase in Ad Revenue - Media Play News

Fox Corp.’s ad-supported streaming video platform Tubi saw a 62% increase in viewing time, along with a 17% spike in advertising revenue for the fiscal quarter that ended Dec. 31, … Continue reading "Fox: Tubi Saw 62% Surge in Q2 Viewing, 17% Increase in Ad Revenue"

www.mediaplaynews.com

Fubo TV Stock Price Plummets 25% Following Disney, Fox, WBD Sports Streaming JV Announcement - Media Play News

Sports-themed streaming platform Fubo TV Feb. 7 saw its stock price fall more than 25% the day after the announcement of the pending launch of a live sports streaming service … Continue reading "Fubo TV Stock Price Plummets 25% Following Disney, Fox, WBD Sports Streaming JV Announcement"

www.mediaplaynews.com

Streaming Pay-TV Service Fubo, After Its Stock Tumbles 23%, Blasts New Disney-Fox-WBD Sports Bundle: “Every Consumer In America Should Be Concerned”

Streaming pay-TV operator Fubo, after its stock plunged 23%, blasted Disney, Fox and Warner Bros. Discovery's new sports streaming joint venture.

deadline.com

 

[MisterPenguin]

Disney Launching Standalone ESPN Streaming Service in August 2025 - Media Play News

Disney’s vaunted ESPN pay-TV sports property will soon have two significant standalone streaming access points. ESPN will have its own branded streaming service launching in August 2025, Disney CEO Bob … Continue reading "Disney Launching Standalone ESPN Streaming Service in August 2025"

www.mediaplaynews.com