'Disney CEO Bob Iger wants minority partners for ESPN, but landing a deal won't be easy' -CNBC Report
Portfolio Pulse from Benzinga Newsdesk
Disney CEO Bob Iger is seeking minority partners for ESPN, according to a CNBC report. However, the report suggests that securing a deal may be challenging.
August 04, 2023 | 11:53 am
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Disney is seeking minority partners for ESPN, which could potentially bring in additional revenue and resources. However, the difficulty in securing a deal may create uncertainty for investors.
The news of Disney seeking minority partners for ESPN could potentially be positive for the company as it could bring in additional revenue and resources. However, the uncertainty surrounding the deal's success could create volatility in the stock price. Therefore, the short-term impact on Disney's stock is neutral.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100