Walt Disney's ESPN's Value and Prospective Buyers Uncertain Amid Declining Subscribers and Rising Costs, Bank of America Analysts Say

Bank of America (BofA) analysts suggest that ESPN, owned by Walt Disney, is facing challenges due to declining linear subscribers and rising sports costs. While ESPN remains a premier sports asset, its value to potential buyers is uncertain. BofA estimates that ESPN's enterprise value could be around $24 billion, attracting interest from tech companies like Apple and Verizon. ESPN has recently started using betting odds from its new sportsbook, ESPN BET.