ESPN (DIS), FOX (FOXA) and Warner Bros Discovery (WBD) Enter JV to Launch Streaming Sports Service in the US

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Here's what the new sports streaming bundle means for broadcast - Deutsche Bank

February 8, 2024 7:00 PM EST

Analysts at Deutsche Bank discussed what the new sports streaming bundle would mean for broadcast in a note this week, saying they believe the market overreacted to the news.

On Tuesday, Walt Disney (NYSE: DIS), Fox Corporation (NASDAQ: FOX), and Warner Bros. Discovery... More

Walt Disney (DIS) PT Raised to $104 at Macquarie

February 8, 2024 8:58 AM EST

Macquarie analyst Tim Nollen raised the price target on Walt Disney (NYSE: DIS) to $104.00 (from $94.00) while maintaining a Neutral rating.

The analyst comments "F1Q results were just about in line on revenue at $23.5bn and ahead on segment OI at $3.9bn... More

Walt Disney (DIS) PT Raised to $128 at Wells Fargo, 'EPIC Quarter'

February 8, 2024 6:48 AM EST

Wells Fargo analyst Steven Cahall raised the price target on Walt Disney (NYSE: DIS) to $128.00 (from $115.00) while maintaining a Overweight rating.

The analyst comments "EPIC results. DIS's F1Q24 segment OI beat Street by 12% and Adj. EPS was ahead by... More

The new ESPN joint venture will add value for Walt Disney (DIS) shareholders - Needham & Company

February 7, 2024 11:11 AM EST

The new ESPN joint venture (JV) adds value for Walt Disney (NYSE: DIS) shareholders, according to Needham & Company analyst Laura Martin on Wednesday.

DIS's ESPN, Warner Bros. Discovery (NASDAQ: WBD) and Fox Corporation (NASDAQ:... More

ESPN, Fox, Warner Bros to launch sports streaming platform; Citi 'incrementally' bullish

February 7, 2024 5:57 AM EST

Disney's (NYSE: DIS) ESPN, Fox (NASDAQ: FOX), and Warner Bros. Discovery (NASDAQ: WBD) announced on Tuesday their plans to roll out a joint sports streaming service in the fall, introducing a novel option for consumers to access premier live sports.

This service will be managed by a newly established company with a distinct leadership team. Disney,... More