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Disney Stock Surges Amid Reports ESPN Plans To Launch Streaming Service

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forbes.com/sites/brianbushard/2023/05/18/disney-stocks-surge-amid-reports-espn-plans-to-launch-streaming-service

Disney stock surged nearly 1.5% Thursday morning, following multiple reports it plans to launch an ESPN-specific streaming service as a standalone subscription-based live sports package, reconfiguring the way Americans consume live sports and dealing the potential nail in the coffin for cable sports.
Shares of Disney, ESPN’s parent company, rose 1.30% Thursday morning to…

This story from forbes.com was posted on 2023-05-19 by @wildpursuit.

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