By Tara Lachapelle / Bloomberg Gadfly Deals Columnist:
– Multiple sources, including The Edge, are suggesting hidden value in Disney Spinning off ESPN or media networks division entirely
– Lagging sports subscriptions/viewership lagging behind as the movie-studio and theme parks segments boom
Disney without ESPN? An idea some thought improbable, if not crazy, is now catching on.
The Edge, which analyzes Spinoffs, has written about a Disney breakup, too, noting that the media networks and the rest of Disney “lack sufficient synergies and have vastly different outlooks and business model challenges.”