In a series of recent auctions, the Indian Premier League (IPL) sold its media rights for more than $6 billion. The popular cricket league’s current media contract with Star India — a subsidiary of Disney — expires at the end of this year. Going forward, however, Disney will have to […]
Cricket and sports betting came up multiple times during Walt Disney’s earnings call on Thursday. It was a knuckleball for Disney analysts who normally focus on theme parks and movies. They failed to predict the impact of Disney’s newest revenue streams. Disney’s parks can’t operate at full capacity, due to […]
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