View Full Version : Why Disney should cut the cord and spin off ESPN


TMC
12-06-2016, 05:42 PM
https://www.yahoo.com/finance/m/1afcf712-4137-3253-826c-37143b6a755a/ss_why-disney-should-cut-the.html

Not even a superhero or princess might be able to save ESPN (http://awfulannouncing.com/2016/would-selling-or-spinning-off-espn-help-disney-long-term.html). Even though Disney continues to churn out one big movie hit after another -- Marvel's "Doctor Strange" and the animated "Moana" are the latest blockbusters -- investors are still worried about the declining fortunes (http://www.breitbart.com/sports/2016/12/06/disney-may-sell-espn-due-massive-subscriber-loss/) at the House of Mouse's sports network. Disney's stock is down nearly 5% this year, and it has done worse than most of its major media rivals. That's even led one analyst to speculate about whether or not Disney (DIS) would be better off without ESPN. RBC analyst Steven Cahall said in a report Monday that Disney's poor 2016 on Wall Street "indicates prolonged discomfort around ESPN." Cahall noted that Disney could be better