Toy figures of people are seen in front of the displayed Disney + logo, in this illustration taken January 20, 2022.
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 1 (Reuters) - Walt Disney's ESPN sports network could secure an enterprise value of $24 billion and attract investment interest from sports leagues, tech firms like Apple and telecom majors including Verizon, according to BofA Global Research.
Benefits to prospective buyers, however, appear "nebulous", BofA said.
"ESPN is still a strong business and a premier brand, but it sits at the nexus of possible major business transformation.
Reporting by Chavi Mehta in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.
Persons:
Dado Ruvic, Walt Disney's, Bob Iger, Jessica Reif Ehrlich, BofA, Chavi Mehta, Anil D'Silva
Organizations:
REUTERS, Walt Disney's ESPN, Apple, Verizon, BofA Global Research, ESPN, Disney, National Football League, National Basketball Association, Comcast, Thomson
Locations:
Bengaluru