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Disney (DIS) will consider an exit for ESPN from the U.K. due to the losses it has piled up in...

Disney (DIS) will consider an exit for ESPN from the U.K. due to the losses it has piled up in the region. The company is also struggling to retain the rights to key sporting events which doesn't bode well for the network. The topic came up during the company's FQ1 earnings conference call (transcript) in which CFO Jay Rasulo highlighted the unprofitability of ESPN in the U.K. DIS +2.7% premarket.
Comments (2)
  • ESPN is so big here in the US that I sometimes forget it has to compete anywhere else. I'm still surprised that it is so unsuccessful in the UK.
    6 Feb 2013, 07:38 AM Reply Like
  • Does the UK materially move the needle for ESPN? Instead of focusing on what maybe lost how about reporting that ESPN just bought the rights to broadcast the NCAA Final 4 to the world market excluding the US.
    6 Feb 2013, 10:38 AM Reply Like
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