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Stock impact report

How Disney's ESPN Makes Money From Sports Broadcasting [The Motley Fool]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: The Motley Fool
Walt Disney(NYSE:DISMany investors focus on Disney's parks and films and overlook ESPN, but that would be a mistake, because ESPN likely generates more profits for Disney than the entire film studio. WithCOVID-9 forcing the suspensionHow ESPN makes moneyDisney doesn't break out ESPN's financial performance, so understanding the segment takes some detective work. The business falls under the company's media networks segment, where Disney accounts for its numerous TV channels. Last year, the media networks segment generated $.8 billion in revenue. Furthermore, it earned $7. billion in operating income -- more than any other segment!TV channels such as ESPN make money from affiliate fees (fees per subscriber charged to cable companies and other pay-TV operators), advertising, and online streaming.Each cable TV channel charges a nominal fee to be carried in a cable package. ESPN is notorious for being the most expensive channel, and it's not even close. As of 07, cable subscribers were pa Show less Read more
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