Disney wants sports leagues as ESPN partners, but it's not clear sports leagues want ESPN
Publishing timestamp: 2023-08-10 16:23:03
Summary
The article discusses Disney's plan to potentially offer equity stakes in ESPN to professional sports leagues as a way to save cash and mitigate payments for sports broadcast rights. The article also mentions that Disney is holding separate talks with strategic investors for distribution benefits. The potential partnership discussions are in the early stages and may not amount to anything. Disney is considering ways to save cash as it prepares to buy out Comcast's Hulu stake and pay down its debt. The article also mentions the possibility of Disney spinning off ESPN while maintaining majority ownership. Overall, the article explores the potential implications and challenges of Disney's plan for ESPN.
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Keywords: media, breaking news: business, charter communications inc, business news, dish network corp, walt disney co, sports, technology, comcast corp, sports tv,