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ESPN Set To Grab MLB.TV, Some Local Games In Latest Big Streaming Deal

1. ESPN launches a $30/month streaming app for out-of-market MLB games. 2. Disney's ESPN secures digital rights to MLB franchise games for three years. 3. MLB faces pressure to centralize video rights amidst RSN financial struggles. 4. Disney traded ESPN stake for NFL Media assets, enhancing sports streaming rights. 5. ESPN criticized for cancelling Kaepernick documentary post NFL's ownership stake acquisition.

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FAQ

Why Bullish?

The new ESPN streaming app could boost DIS's revenue and user engagement, similar to past successful launches.

How important is it?

The strategic moves in sports streaming directly influence DIS’s core business and financial performance.

Why Short Term?

Initial subscriber engagement and marketing for the app will impact DIS stock shortly after launch.

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