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DIS
Business Insider
13 days

Disney gave up a ton to land 3 more NFL games. It doesn't have much choice.

1. Disney secures rights to three additional NFL games on ESPN. 2. NFL retains four games for potential sale to other companies. 3. The NFL increases its leverage in TV rights negotiations. 4. ESPN must adapt with new streaming service launching soon. 5. NFL games accounted for 72 of 100 top shows last year.

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FAQ

Why Bearish?

Despite acquiring some rights, Disney's loss of game exclusivity diminishes its market position.

How important is it?

Disney's ability to attract viewership through NFL games significantly impacts its streaming growth strategy.

Why Short Term?

The immediate effect of the deal will be seen in next quarter's viewership and subscription metrics.

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