Disney Needs the NBA and NFL
Sports fans are loving the overlap of NBA playoff basketball and working from home, but no one loves it more than ESPN and Disney, which is the media company that can gain the most from the return of live sports.
A Whole New Norm Could Spell Trouble for Disney
Disney’s dependence on experiences, particularly Parks and Films, puts its business at the mercy of an untamed coronavirus outbreak. Wells Fargo Securities reiterated its Equal Weight rating and bumped up its price target to $118 from $107, saying it is not convinced the country or world will soon have a handle on the pandemic.