Disney is placing its bets on sports streaming and the metaverse

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Disney is placing its bets on sports streaming and the metaverse
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Disney boss Bob Chapek confirmed that the company is bidding for the NFL Sunday Ticket. Disney also plans to innovate its product around sports-centric features, as well as for its still-vague metaverse plans.

Disney today reiterated its commitment to expanding its sports streaming portfolio, with Disney boss Bob Chapek confirming that the company is bidding for the NFL Sunday Ticket. Disney also plans to innovate its product around sports-centric features and its still-vague metaverse plans. Chapek confirmed the NFL Sunday Ticket news in an interview with CNBC during which he discussed Disney’s first quarter earnings for fiscal 2022.

”' But Disney’s sports strategy isn’t merely limited to rights acquisition and game coverage. Disney has said that betting presents a huge opportunity for growth and interactivity, particularly as legalization continues across the US. “While multi-platform television and streaming will continue to be the foundation of sports coverage for the immediate future, we believe the opportunity for The Walt Disney Company goes well beyond these channels,” Chapek said.

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