UBS Maintains a 'Neutral' on Walt Disney (DIS); ESPN Extends/Increases MLB Deal

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Disney/ESPN (DIS) Mega MLB Deal a Win-Win

August 28, 2012 5:03 PM EDT

Big news in the sports world Tuesday was that Walt Disney's (NYSE: DIS) ESPN reached an 8-year deal with the Major League Baseball worth $5.6 billion. The deal will expand the networks coverage of baseball and help it fend off competition from NBC, CBS,... More