Disney gives investors a look at ESPN financials, including recent revenue declines
Publishing timestamp: 2023-10-18 18:44:37
Summary
Disney's reorganization has given investors a look at ESPN's financials for the first time, revealing a decrease in revenue. ESPN, a linchpin of Disney's cable-TV networks, is facing challenges in the changing media landscape. Disney plans to make ESPN a direct-to-consumer option in the future.
Sentiment: MIXED
Keywords: media, business, breaking news: business, walt disney co, sports, charter communications inc, earnings, business news,
Source: https://www.cnbc.com/2023/10/18/disney-gives-investors-a-look-at-espn-financials.html