Disney is placing its bets on sports streaming and the metaverse
by Catie Keck from The Verge - All Posts on (#5VZQQ)
Illustration by Alex Castro / The Verge 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. Asked by CNBC's Julia Boorstin whether securing the rights is part of Disney's roadmap, Chapek responded, we're bidding for it." If the investment creates value for Disney shareholders, he added, we'll go ahead and do it, but the moment that it's not, we'll back out. And we hope it is."
During the company's...