Disney Walks From MLB Deal; ESPN Bet Could Be Out Next

Blockhead
04 Mar

Disney stock edged higher Monday following reports that the Dow Jones entertainment giant ended its 35-year partnership with the MLB and may potentially lose ESPN Bet. Disney's (DIS) ESPN sports network plans to exercise an opt-out clause to escape its Major League Baseball TV rights contract, the Wall Street Journal reported. ESPN had been paying $550 million per year to broadcast…

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