Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Disney inks deal with MLB and LaLiga to ESPN+ as streaming revenue slows

Published

on

Disney is expanding its presence in the wide world of sports.

Disney has signed on a new seven-year agreement with Major League Baseball and an eight-year pact with Spain’s LaLiga soccer league.

This is latest in a series of sports-programming deals by the entertainment giant of the world.

It’s already the parent of ESPN and now set to broadcast 30 regular MLB games per season.

The soccer deal gives ESPN+ rights to the English and Spanish-language coverage of LaLiga.

It’s all part of ESPN sports-rights renewal binge that’s been happening this year.

Is this a bid to boost subscribers to Disney affiliated networks? The two sports deals represent a big financial commitment. 

“ESPN’s longstanding relationship with Major League Baseball has been a driver of innovation for three decades,” ESPN Chairman Jimmy Pitaro said in a statement.

“This agreement solidifies baseball’s ubiquitous presence across ESPN platforms, including ESPN+.”

According to Bloomberg, Disney will pay $175 million a year for soccer, according to a person familiar with the matter, which would be more than the Premier League’s deal with Comcast Corp.’s NBC.

“For the baseball deal, the sports news site the Athletic reported earlier this year that Disney could be paying as much as $150 million a year less for the package,” Bloomberg said.

It previously had an eight-year deal worth $5.8 billion for considerably more games.

This follows Walt Disney Co missing analysts’ estimates for quarterly revenue.

The slump is being blamed on a decrease in new subscribers to Dinsey Plus and operations at its theme parks remaining restricted.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

AWS outage sparks business reputation risks

AWS outage underscores risks of single tech reliance; Darren Woolley offers strategies for brands to mitigate potential damage.

Published

on

AWS outage underscores risks of single tech reliance; Darren Woolley offers strategies for brands to mitigate potential damage.


A major Amazon Web Services outage highlights the dangers of relying on a single tech partner, with brands facing potential repetitional damage.

Darren Woolley from TrinityP3 discusses strategies to mitigate such risks.

#AWS #CloudComputing #TechOutage #BusinessRisk #TrinityP3 #BrandReputation #TechDependency #CloudStrategy


Download the Ticker app

Continue Reading

News

Bitcoin’s weakness sparks market warning

Bitcoin’s stagnation amid asset rallies signals potential deeper issues in speculative markets, hinting at tougher times ahead.

Published

on

Bitcoin’s stagnation amid asset rallies signals potential deeper issues in speculative markets, hinting at tougher times ahead.


Bitcoin’s failure to rebound while other assets rally could signal deeper cracks in speculative markets.

Analysts warn it may foreshadow tougher times ahead.

#Bitcoin #Crypto #Markets #DavidScutt #StoneX #Investing #Fed #Inflation #Stocks #MarketWarning


Download the Ticker app

Continue Reading

News

OpenAI launches Atlas to rival Google

OpenAI launches Atlas, an AI browser aimed to revolutionize online search and user interaction, challenging Google.

Published

on

OpenAI launches Atlas, an AI browser aimed to revolutionize online search and user interaction, challenging Google.


OpenAI has unveiled Atlas, an AI-powered browser built to challenge Google and reinvent how users search and interact online.

The launch marks a major shift in the future of web browsing.

#OpenAI #Atlas #AI #Technology #BradGastwirth #CircularTechnology #Google #SamAltman #ChatGPT #Innovation #TechNews


Download the Ticker app

Continue Reading

Trending Now