Disney’s ‘plans could shift’ on ESPN spinoff, new report says
Disney's view on a potential ESPN spinoff could shift "over the next six to nine months."
Disney's view on a potential ESPN spinoff could shift "over the next six to nine months."
The news solidifies prior reporting that an ESPN spinoff was unlikely to happen.
"I believe that ESPN is a big part of the Walt Disney Company’s strategy and future."
The network's spinoff was not discussed with Disney's CEO candidates as part of the selection process.
"ESPN and ABC increasingly look like distractions."
"Spinning [off] ESPN/ABC is the best path forward, and we see it as a reasonably probable late-’23 event."
The adverse effects on Disney stock from disappointing ESPN results have been well-noted, and some think selling or...