Can Streaming ESPN Solve Disney (DIS) Stock's Problems?
August 13, 2017 | NEWS
With 12 million fewer ESPN subscribers and counting, new streaming offerings face an uphill battle.
Disney's long-awaited ESPN streaming service. The question when it comes to ESPN is: Can this new streaming service make up for the revenue DIS stock owners are missing out on?
"That's the hope," says Toby Chapman, associate partner at global strategy consultant OC&C.
"Sports is an interesting one. Because unlike premium drama and movies, which is the bulk of Netflix viewing, sport has this live social dimension which lends itself quite well to online services, because you can do other things at the same time," Chapman says.
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