Seeking Alpha

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.
From other sites
Comments (2)
  • Philip Saglimbeni
    , contributor
    Comments (488) | Send Message
     
    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
  • 153972
    , contributor
    Comments (825) | Send Message
     
    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
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs