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Walt Disney leans hard into streaming as its future

129d ago
Business
MarketWatch
Corporate environment
Walt Disney is doubling down on its streaming strategy as a core component of its future growth. In a recent move, Disney announced an agreement to sell a 10% stake in ESPN to the NFL. This deal includes the acquisition of the NFL's media properties by Disney, signaling a strategic realignment and increased focus on sports content within its streaming platforms. The move reflects Disney's ongoing efforts to adapt to the evolving media landscape and capitalize on the growing demand for streaming services.
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