Monday, January 11, 2016

Disney has a money problem

After “Star Wars the force awakens” came out box office have made 1 billion dollars.
Investors haven’t been awarding the media titan.
Disney’s threat is the cable company because of the long term payments.
To maintain the strong holds ESPN has made lots of broadcasting sports rights.
The sports channel is the crown jewel of the Disney empire.
Big Mouse regarded it as a virtually unstoppable media force.
to maintain that  stronghold and to ward off rivals ESPN has spent aggressively on massive multi-year contracts for the sports broadcasting rights.In 2011 ESPN agreed to pay more than 15 billion for 10 years of rights to air NFL games.which is nearly four times what Disney would pay for Lucasfilm.Lucasfilm is the owner of “Star Wars” and “Indiana Jones”.

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1 comment:

  1. AnonymousJanuary 11, 2016 at 6:11 AM

    That's really interesting! I didn't see that story when I was looking for an article.

    ReplyDelete

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