• Loading stock data...
Friday, April 19, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Disney Beats Expectations, Plans ‘NFL Sunday Ticket’ Bid

  • Disney brought in $21.8 billion in the fiscal quarter ending Jan. 1.
  • It plans to bid for rights to "NFL Sunday Ticket."
ESPN-Disney
Mark J. Rebilas-USA TODAY Sports/Design: Alex Brooks

Disney saw 34% year-over-year revenue growth in the fiscal quarter ending Jan. 1, as the company looks to double down on football. 

The Mouse banked $21.8 billion in its fiscal first quarter of 2022, beating expectations on earnings and subscriber growth.

  • ESPN+ surged to 21.3 million subscribers, up 24.6% quarter-over-quarter and 76% year-over-year.
  • Disney+ subscribers reached 129.8 million, up 11.7 million from the previous quarter and 37% year-over-year.

Chairman and CEO Bob Chapek confirmed that Disney plans to bid on “NFL Sunday Ticket,” which could fetch $2.5 billion per season. 

The company also re-upped with two of its favorite broadcasters by extending its deal with Peyton Manning’s Omaha Productions, adding a fourth year to its “Monday Night Football with Peyton and Eli” show, better known as the ManningCast.

The Price of Rights

Last month, Disney struck a deal to exclusively broadcast English Premier League games in 10 South American countries.

Disney is also believed to want a new deal for Indian Premier League rights, expected to top $5 billion over five years.

The company’s broadcast rights include the NFL, MLB, NBA, NHL, La Liga, and UFC.

While revenue from its linear media networks were flat at $7.7 billion, Disney saw impressive growth in streaming, as its direct-to-consumer channels grew 34% to $4.7 billion. Streaming remains a money loser, however, with a $593 million operating loss.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

NBA Media Rights Likely Headed for Open Market Next Week

The league is reportedly letting Monday’s deadline pass without a deal.

The Questions Are Mounting for ‘Spulu’ As Lawmakers Demand Answers

A pair of high-powered Congressmen are demanding answers about the forthcoming service.

NBA’s Lifetime Ban Highlights Surge in Gambling-Related Incidents

The NBA’s lifetime ban on Jontay Porter marks a crescendo of escalating incidents across the industry.

To Sum Up Current Commanders, Coyotes Situations: It’s Complicated

The Commanders hire a Capitol Hill insider as the team continues its stadium pursuit.
podcast thumbnail mobile
Front Office Sports Today

Why Ian Rapoport Lives for the NFL Draft’s Chaos

0:00
0:00

Featured Today

Women’s Basketball Finally Has a TV Deal to Match the Excitement. Now What?

A lucrative new media-rights contract could rectify problems of the past, but the future of March Madness media rights is anyone’s guess.
Mar 16, 2024; Washington, D.C., USA; North Carolina State Wolfpack forward DJ Burns Jr. (30) cuts the net after defeating the North Carolina Tar Heels for the ACC Conference Championship at Capital One Arena.
April 6, 2024

How Two College Seniors Helped DJ Burns Cash In on a Final Four Run

Two college seniors are facilitating deals for NC State’s big man.
Mar 31, 2024; Portland, OR, USA; NCAA officials measure the three point line while coaches from the Texas Longhorns and NC State Wolfpack watch with referees in the finals of the Portland Regional of the NCAA Tournament at the Moda Center center.
April 1, 2024

NCAA Has No One to Blame for Latest Women’s March Madness Transgressions

NCAA is still making avoidable mistakes three years after a complete overhaul.
Nov 16, 2015; Bloomington, IN, USA; General view of the championship banners at Assembly Hall prior to the game between Austin Peay and Indiana.
March 31, 2024

How to Make It in Basketball: Become a Manager at Indiana

Inside the Hoosiers’ unglamorous, profoundly rewarding incubator for basketball’s biggest names.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

Diamond Sports Group Is About to Survive Bankruptcy. Will It Matter?

The bankrupt company faces key questions relating to both programming and distribution.
April 16, 2024

Caitlin Clark Drives Massive WNBA Draft Audience for ESPN

Clark’s coronation was the most-watched WNBA telecast in decades.
April 16, 2024

Chicago’s Sports Media About to Experience a Major Shake-Up

Three Chicago pro teams’ media rights could shift to Stadium as soon as this fall.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
April 16, 2024

The Yankees’ Radio Voice Retires, Ending an Era of Longevity

The longtime Yankees radio announcer was an industry outlier in many respects.
April 15, 2024

Star-Studded NBA Play-In a Potential Ratings Boon for ESPN and TNT

The initial portion of the NBA postseason features three former MVPs.
April 15, 2024

Scott Van Pelt’s Podcast Reboot Latest in Peyton Manning’s Budding ESPN/Omaha Fiefdom

ESPN star Scott Van Pelt is joining forces with Peyton Manning.
April 14, 2024

Calling the Masters Can Make You—or Break You

Legends are made at Augusta—as long as they do things Augusta’s way.