Disney, ESPN Urge Sports Leagues to Buy Stake in Flailing Cable Sports Network

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Disney, ESPN Urge Sports Leagues to Buy Stake in Flailing Cable Sports Network
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ESPN has sent out requests to the big three sports leagues to consider buying a stake in the cable sports network as layoffs and cost-cutting continues, according to a report.

it would begin looking for ways to unload large chunks of ownership stakes in TV networks, including ESPN, ABC, FX, National Geographic, Freeform, and others.

Bob Iger attends a basketball game between the Los Angeles Clippers and the Phoenix Suns at Crypto.com Arena on April 20, 2023, in Los Angeles, California.

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