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Why Disney's 'Melting Iceberg' ESPN Is Unlikely To Attract Apple As Buyer: Analyst Breaks It Down
Tuesday, September 5, 2023 - 2:09am | 540Read More...Walt Disney Co. (NYSE:DIS) is amid a restructuring exercise as it faces fundamental challenges and there are rumors adrift that the company might offload its ESPN cable sports channel. An analyst at KeyBanc Capital Markets weighed in on the value ESPN has for Disney. Muted Expectations: ESPN is a...
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US Open Tennis Betting Preview: Will Djokovic Make History Or Will Alcaraz Win Back-To-Back?
Friday, September 1, 2023 - 5:11pm | 875Read More...The 143rd U.S. Open tennis tournament kicked off Aug. 28 and will see some of the top tennis players compete for Grand Slam titles. Unlike past years’ tournaments, the 2023 tournament doesn’t feature top names like Serena Williams, Roger Federer or Rafael Nadal. Let's dive into...
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Disney's Stock Woes: Iger's Revival Strategies Face Investor Scrutiny Amid Decade-Low Shares
Sunday, August 27, 2023 - 12:15pm | 575Read More...Amidst challenging times, Walt Disney Co (NYSE: DIS) is striving to regain its footing, with its stock showing signs of recovery after hitting its lowest point in almost 10 years. What Happened: The recent downturn has been attributed to growing investor concerns regarding the strategic...
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Amazon In Early Talks With Disney For ESPN Streaming Partnership: Report
Thursday, August 24, 2023 - 8:50pm | 409Read More...Amazon.com (NASDAQ:AMZN) is reportedly in preliminary discussions with Walt Disney Co (NYSE:DIS) regarding a partnership involving the streaming version of ESPN. Amazon may potentially acquire a minority stake in the sports network. These discussions are still ongoing, with the pricing for the new...
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Apple's Winning Game Plan? Analyst Tells Why 'Golden ESPN Assets' Could Be The 'Shoe That Fits' Cupertino
Thursday, August 17, 2023 - 1:55am | 675Read More...Apple, Inc. (NASDAQ:AAPL) has been aggressively looking to make a splash in live sports coverage, and an analyst at Wedbush thinks this could result in the tech giant lapping up Walt Disney Co.-owned (NYSE:DIS) ESPN. Live Sports A Serious Opportunity: Apple has come to realize that adding live...
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Fanatics Launches Sports Betting In 4 States: What It Means For The Sector
Wednesday, August 16, 2023 - 3:47pm | 664Read More...Leading sports company Fanatics has launched its Fanatics Sportsbook platform in four states, a move the follows the company being valued at $31 billion in December 2022. What Happened: Fanatics announced the launch of the Fanatics Sportsbook in the states of Maryland, Massachusetts, Ohio and...
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Cathie Wood's Ark Invest Sees Slim Odds ESPN Bet 'Can Break The DraftKings-FanDuel Duopoly' In Sports Betting
Tuesday, August 15, 2023 - 1:41pm | 1001Read More...The sports betting market was shocked with the announcement that PENN Entertainment Inc (NASDAQ: PENN) entered into a 10-year licensing deal with Walt Disney Co (NYSE: DIS) to launch the ESPN Bet platform later this year. Analysts were mixed with the impact on Penn Entertainment...
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'See Reason For Owning Disney': Analysts Assess DTC Growth And PENN Sports Betting Deal
Thursday, August 10, 2023 - 11:38am | 966Read More...Media giant The Walt Disney Company (NYSE: DIS) reported third quarter financial results after market close Wednesday. The company missed revenue estimates and beat earnings per share estimates from analysts in the quarter. Here's a look at what analysts are saying after the results. The Disney...
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Will Apple Buy Disney, Analyst Weighs In After Mouse House's Q3 Print
Thursday, August 10, 2023 - 8:54am | 423Read More...Rumors of Apple, Inc. (NASDAQ:AAPL) buying Walt Disney Co. (NYSE:DIS) has surfaced on and off, and following the latter's quarterly results an analyst said it's unlikely the tech giant pursues the Mouse House. What Happened: “Our view continues to be that Apple will not buy Disney, given...
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Dave Portnoy Is The Only 'Natural Owner' For Barstool Sports Long-Term, Says PENN CEO: 'This Is A Win-Win-Win'
Thursday, August 10, 2023 - 1:51am | 467Read More...“Mad Money” host Jim Cramer sat down with PENN Entertainment (NASDAQ:PENN) President and CEO Jay Snowden on Wednesday to talk about the company’s new partnership with ESPN and the divestiture of Barstool Sports back to its founder Dave...
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Disney Q3 Earnings Highlights: Revenue Miss, EPS Beat, 105.7 Million Core Disney+ Subscribers
Wednesday, August 9, 2023 - 4:34pm | 684Read More...Media giant The Walt Disney Company (NYSE: DIS) reported third-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Disney reported third-quarter revenue of $22.33 billion, which was up 4% year-over-year. The revenue missed a Street consensus...
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Penn Entertainment Analysts On 'Landscape-Changing' Sports Betting Deal With ESPN: 'This Move Makes Sense'
Wednesday, August 9, 2023 - 11:27am | 1255Read More...PENN Entertainment (NASDAQ: PENN) stock jumped after the market close Tuesday after the company unveiled a partnership with sports media company ESPN, second-quarter earnings and the divestiture of Barstool Sports. Here’s a look at what analysts are saying about Penn and its competitors...
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Disney Q3 Earnings Preview: Disney+ Subscribers, 'Indiana Jones' And Other Box Office Disappointments, More Key Items To Watch
Tuesday, August 8, 2023 - 4:04pm | 1273Read More...Media giant The Walt Disney Company (NYSE: DIS) is set to report third-quarter financial results after the market close Wednesday. Here are the earnings estimates, analyst ratings and key items for investors to watch. Earnings Estimates: Analysts expect Disney to report revenue of $21.82...
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EXCLUSIVE: Gary Vee On SlamBall Investment And Growth Ahead: 'Lot Of Opportunities To Be The Future Of Sports At Scale'
Friday, August 4, 2023 - 12:31pm | 999Read More...SlamBall, a sport that combines elements of basketball and football with trampolines, was launched in 2000 and enjoyed a brief period of success. Fans who have been clamoring for its return have finally had their wish granted. Among the backers of the revival of SlamBall, betting on the...
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From Football To Futbol: Tom Brady Buys Stake In This Team, Joining List Of Celebrities, Athletes With Pro Sports Ownership
Thursday, August 3, 2023 - 11:45am | 1209Read More...After 23 seasons in the National Football League and seven Super Bowl victories, legendary quarterback Tom Brady announced his retirement for a second time in February 2023. Along with raising his family and a future sports broadcasting deal with Fox Corporation (NASDAQ: FOX) (NASDAQ: FOXA), Brady...
















