"ESPN Explores Role In Streaming Games For Pro Leagues In Local Markets; Has Had Early Talks With MLB About Carrying Local Broadcasts On ESPN+; May Offer Streaming Version Of Its TV Channel In 2-3 Years; Working On Hub For Live Sports Internally Dubbed 'Marketplace'" - WSJ
Portfolio Pulse from Happy Mohamed
ESPN is considering streaming games for professional leagues in local markets and has had preliminary discussions with MLB about carrying local broadcasts on ESPN+. The company may also offer a streaming version of its TV channel in the next 2-3 years. ESPN is also developing a hub for live sports, internally referred to as 'WSJ'.
August 04, 2023 | 2:11 pm
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POSITIVE IMPACT
Disney, the parent company of ESPN, may see a positive impact from ESPN's potential expansion into streaming local games and developing a live sports hub.
The news indicates ESPN's potential expansion into new areas of streaming, which could increase its viewer base and revenue. As ESPN is a subsidiary of Disney, this could positively impact Disney's overall performance.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100