Disney Makes Bet on Baseball Streaming

Concern about cord-cutting and young people who never subscribe to cable in the first place has driven investor anxiety about cable television in general, but particularly ESPN, which has long been a cash cow for Disney. It is the most expensive U.S. cable channel, according to SNL Kagan[S&P Global Market Intelligence], charging cable and satellite companies an average of $7.21 per monthly subscriber. – Ben Fritz & Shalini Ramachandran, The Wall Street Journal http://ift.tt/2aXGCjE