Disney to break out sports revenue in financial reports ...Middle East

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A sign is shown at one of the entrances to Disney Studios in Burbank, California, U.S., July 25, 2023. REUTERS/Mike Blake/File photo Acquire Licensing Rights Oct 18 (Reuters) – Walt Disney (DIS.N) will break out its sports programming revenue from the fourth quarter onwards following a restructuring of the company announced earlier this year, the media firm said on Wednesday. Results from Disney’s media and entertainment business will be reported in two segments: entertainment and sports. Sports will include ESPN and ESPN+, Star-branded sports channels in India, and fee earned from licensing sports content, while the entertainment segment will include its linear networks, streami

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