'Disney Explores Equity Deal With NFL And NBA For ESPN Amid Financial Challenges' - FrontOfficeSports
Portfolio Pulse from Benzinga Newsdesk
Disney is in talks with the NFL and NBA about them taking an equity stake in ESPN, which is valued between $25 billion and $30 billion. This comes as Disney is under pressure from Wall Street to improve results.
November 08, 2023 | 6:05 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Disney is exploring an equity deal with the NFL and NBA for ESPN, which could potentially improve its financial results.
Disney is under pressure to improve its financial results. An equity deal with the NFL and NBA for ESPN could potentially bring in significant revenue and improve its financial standing, thus potentially boosting its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100