Moomoo Learn wrote a post · Sep 18, 2023 18:28

News Decoding: Disney Looks to Offload TV Assets As It Dives Deeper Into Streaming

$Disney (DIS.US)$ is said to be selling ABC and its linear cable networks. The value of broadcast and cable networks has significantly declined from the 1990s and early 2000s as tens of millions of Americans have canceled cable in recent years. There are views that this is a real bullish signal for Disney. Let's take a look at today's news decoding.

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