I listened to a podcast last month. The future of entertainment is going to be synergy. MS, Apple, and the other tech companies will eat the dying television companies. Movies are getting bigger and more expensive with little return.
Why continue with a dying form of entertainment? Less and less people are watching TV. Everybody will start to jump off the sinking boat.
I doubt the CEO of Disney will sell it all, but he’s been talking spicy lately. He sees the future and their books are a mess. Sports won’t be as valuable and ESPN is getting less and less eyes.
ESPN+ is the future but they made their money because they were able to bully the cable companies to carrying and paying them. That will no longer be the case.