Forbes -
4 Aug 2015 19:43
Over the next few years, we expect ESPN's revenues to grow, primarily on higher advertising sales and subscriber growth. However, EPSN has been spending heavily on acquiring programming rights and it has weighed on the network's bottom line in the recent past. This suggests that there is room for stock price movement depending on the viewership trends in the upcoming sports events. We believe that growth in ESPN viewership and subscribers can be prime triggers for Disney's stock. Additionally, D...
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